Introducing Almarai’s First Integrated Annual Report
This Integrated Annual Report marks Almarai’s first step in presenting annual and sustainability reporting together in a single publication for the year ended 31 December 2025. It provides financial, operational, and sustainability information to support a holistic understanding of the Group’s performance and prospects.
This Report is intended for shareholders and other stakeholders and is available in English and Arabic in digital and interactive PDF formats.
The Board of Directors acknowledges its responsibility for ensuring the accuracy and reliability of this Report. In the Board’s opinion, this Report provides a fair presentation of the Group’s performance for the reporting period. The Board approved this report on 25 February 2026.
Reporting Period and Boundaries
This Report covers the 12-month period from 1 January 2025 to 31 December 2025. Unless otherwise stated, all information relates to this reporting period.
The reporting boundary includes Almarai Company and its consolidated subsidiaries, collectively referred to as “the Group.” References to “Almarai” are also used to refer to the Group, unless the context indicates otherwise.
Financial information is prepared on a consolidated basis.
Sustainability narrative disclosures in this Report, including governance, policies, and actions, are presented at Group level unless stated otherwise.
Sustainability targets and metrics presented within the topic chapters are reported on the boundary used when the Group’s 2019–2025 sustainability targets were set, with reference to a 2018 baseline. This boundary excludes Beyti (Egypt) and Teeba (Jordan).
The first set of sustainability performance data tables in the supplementary information at the back of this Report is prepared on the same basis. Sustainability performance data for Beyti and Teeba is presented separately in subsequent data tables.
Where relevant, information is disaggregated by business segment or geography. Topic-specific disclosures may also reference upstream or downstream contexts.
Reporting Frameworks and Standards
As a company listed on the Saudi Exchange (Tadawul), the Group’s reporting is subject to applicable regulatory requirements issued by the Capital Market Authority (CMA).
The Group’s financial information is prepared in accordance with International Financial Reporting Standards (IFRS) as endorsed in the Kingdom of Saudi Arabia, together with applicable standards, interpretations, and pronouncements issued by the Saudi Organization for Chartered and Professional Accountants (SOCPA) (collectively, “IFRS as endorsed in Saudi Arabia”).
Sustainability-related information is reported with reference to the Global Reporting Initiative (GRI) Standards, along with relevant topic-specific measurement standards, including the Greenhouse Gas (GHG) Protocol, where applicable. The Group has been monitoring international sustainability disclosure standards, including IFRS S1 and IFRS S2, and has incorporated selected elements in the current report with further alignment to be considered in future reporting cycles.
In bringing together its Annual and Sustainability Reports in a single, connected publication, the Group has drawn on the principles of the Integrated Reporting Framework of the IFRS Foundation.
External Assurance
The Group’s Consolidated Financial Statements have been audited by the Group’s independent auditors, KPMG Professional Services (KPMG).
Selected sustainability disclosures have been subject to independent limited assurance by Intertek Saudi Arabia Ltd. The limited assurance engagement was performed in accordance with the International Standard on Assurance Engagements (ISAE) 3000 (Revised) and the International Standard on Assurance Engagements (ISAE) 3410.
Rounding and Estimates
Totals and percentages may not sum precisely due to rounding. Estimates and assumptions have been applied where necessary and are disclosed where material.
Forward-Looking Statements
This Report contains forward-looking statements relating to the Group’s future performance, strategy, and outlook. These statements are based on current expectations, assumptions, and information available at the time of publication. Actual results may differ materially due to risks, uncertainties, and changes in market conditions, regulatory environments, or other external factors. The Group undertakes no obligation to update forward-looking statements except as required by applicable laws and regulations.
Feedback
Feedback on this report may be sent to: investor.relations@almarai.com or sustainability@almarai.com