TIDMEFGD

RNS Number : 3640M

EFG-Hermes Holdings SAE

10 May 2020

TRANSLATION FROM ARABIC

Summary of Resolutions for the Annual General Meeting

EFG Hermes Holding S.A.E.

Held on May 7(th) , 2020

Resolution no.1

The AGM approved the Board of Directors' report on the company's activities for the financial year ended 31/12/2019.

Resolution no.2

The AGM approved the financial auditor's report on the financial statements for the fiscal year ended 31/12/2019.

Resolution no.3

The AGM ratified the financial statements for the fiscal year ended 31/12/2019.

Resolution no.4

The AGM approved the corporate governance report for the fiscal year ended 31/12/2019 .

Resolution no.5

The AGM approved the discharge of the Board Members from all liabilities concerning the activities of fiscal year 2019

Resolution no.6

The AGM approved the re-election of the company's Board of Directors for a three years-term. The Board of Directors composition will be as follows:

 
       Name                  Title                                    Executive/Non-Executive 
 1-    Mona Zulficar         Chairperson                              Non-Executive 
                                                                       - Independent 
      --------------------  ---------------------------------------  ------------------------ 
 2-    Yasser El Mallawany   Vice Chairman                            Non-Executive 
      --------------------  ---------------------------------------  ------------------------ 
 3-    Karim Awad            Group CEO and Board Member               Executive 
      --------------------  ---------------------------------------  ------------------------ 
 4-    Takis Arapoglu        Board Member                             Non-Executive 
      --------------------  ---------------------------------------  ------------------------ 
 5-    Marwan Al Araby       Board Member                             Non-Executive 
                                                                       - Independent 
      --------------------  ---------------------------------------  ------------------------ 
 6-    Jean Cheval           Board Member                             Non-Executive 
                              (DF EFG3 Limited representative)* 
      --------------------  ---------------------------------------  ------------------------ 
 7-    Zubyr Soomro          Board Member                             Non-Executive 
                                                                       - Independent 
      --------------------  ---------------------------------------  ------------------------ 
 8-    Abdulla Al Mutawa     Board Member                             Non-Executive 
                                                                       - Independent 
      --------------------  ---------------------------------------  ------------------------ 
 9-    Khalid Al Otaiba      Board Member                             Non-Executive 
                                                                       - Independent 
      --------------------  ---------------------------------------  ------------------------ 
 10-   Ramsay Zaki           Board Member                             Non-Executive 
                                                                       - Independent 
      --------------------  ---------------------------------------  ------------------------ 
 11-   Timothy Collins       Board Member                             Non-Executive 
                              (RA MENA Holdings LTD representative) 
      --------------------  ---------------------------------------  ------------------------ 
 12-   Elizabeth Critchley   Board Member                             Non-Executive 
                              (RA Holdings I LTD representative) 
      --------------------  ---------------------------------------  ------------------------

*Fully owned by Natixis S.A.

Resolution no.7

The AGM approved non-executive Board members' remunerations for the fiscal year 2019, and approved the Board of Directors' remunerations, attendance and travel allowances for the fiscal year 2020.

Resolution no.8

The AGM approved the reappointment of the Company's financial auditor - Mr. Hatem Abdel Moneim Montasser of KPMG Hazem Hassan - for the fiscal year 2020 and delegated the Board of Directors to determine the fees.

Resolution no.9

The AGM ratified the donations for the fiscal year 2019 which totaled to EGP21,000,000; and authorized the Board to approve donations in excess of EGP1,000 during the fiscal year 2020.

For further information:

Investor Relations Department

   Email:   investor-relations@efg-hermes.com

Tel: +20 (0)2 35356710

Fax: +20 (0)2 35357017

Head of Investor Relations - Hanzada Nessim

Email: hnessim@efg-hermes.com

Tel: +20 (0)2 35356502

Fax: +20(0)2 3535 7017

www.efg-hermes.com

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END

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May 11, 2020 02:00 ET (06:00 GMT)

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