Last checked at 27 Apr 2023 14:53
EZZ Steel Company - S.A.E.
Cairo, 27 April 2023 - Ezz Steel (EGX: ESRS; London Stock Exchange: AEZD)
Ezz Steel Company- S.A.E. according to the provisions of Law 159 of 1981
Commercial Registration No. 472, Al Menofia
Company's authorized capital EGP 8 bn.
Company's issued and paid-up capital EGP 2.176 bn.
Ordinary General Assembly Invitation
The Board of Directors has the pleasure to invite the shareholders to attend the Ordinary General Assembly of the company on Saturday 20 May 2023 at 10:00 a.m. at the plant's premises, Sadat City- Al Menofia, Egypt, to consider the following agenda:
1) The Board of Directors' Report for the fiscal year 2022.
2) The Auditor's report on the financial statements for the fiscal year ending 31/12/2022.
3) The Governance Report for the fiscal year 2022 and the Auditors' Reports on it.
4) Ratifying the company's financial statements for the fiscal year ending 31/12/2022.
5) Discharge the Chairman and Members of the Board from their liabilities for the fiscal year ending 31/12/2022.
6) Electing the members of the Board of Directors for the upcoming Board term (3 years).
7) Determining the Board of Directors' allowance and remuneration for upcoming fiscal year.
8) Appointing the company's auditor for the fiscal year ending 31/12/2023 and determining his remuneration.
9) Ratifying the related parties' contracts concluded during the year 2022 and authorizing the Board of Directors to conclude related parties' contracts during the year 2023 and delegating the Board to issue guarantees from external parties in favor of subsidiaries and sister companies.
10) Authorizing the Board of Directors to grant donations during the year 2023, and approving the donations granted during the year 2022.
We draw the attention of the shareholders to the following:
a. Each shareholder is entitled to attend the ordinary general meeting in person or by proxy to another shareholder who is not a board member, stipulated in a power of attorney.
b. Shareholders wishing to attend the ordinary general meeting must submit a statement issued by a central custodian specifying that their shares have been frozen for purposes of attending the meeting and until its adjournment, at least three days prior to the meeting. No transfer of ownership of shares may be registered in the company's register from the date of publication of the invitation to the meeting until the adjournment of the general assembly.
c. All documents to be made available to shareholders in accordance with Article (219-220-221) of the Executive Regulations of the Companies Law No. 159 of 1981 are available for review at the company's headquarters during official working hours.
d. Any inquiries relating to the agenda of the ordinary general meeting shall be delivered in writing at the company's headquarters at least three days prior to the ordinary general meeting.
Board of Directors