Last checked at 22 Mar 2023 07:50
Summary of Resolutions for the Board of Directors Meeting Held on 21/03/2023
Cairo, March 22nd, 2023: EFG Hermes S.A.E. Board of Directors convened on Tuesday 21/03/2023 at 9:30 a.m. (CLT) and:
1. Approved FY2022 consolidated and standalone financial statements, along with the board report and the audit report;
2. Proposed distribution of 1 bonus share for every 4 shares held to the shareholders for the year ending 31 December 2022;
3. Approved 4Q2022 Audit and Risk Committees' Reports;
4. Approved the Annual Corporate Governance Report for FY2022 issued by the Corporate Governance Committee and the Auditor's report thereon.
5. Approved the Internal Audit department's standard operational and procedures manual 2023, the department's organizational chart and the IA annual plan for the year 2023;
6. Approved the Annual AML/ CFT Report for the year 2022;
7. Delegated Mr. Karim Aly Awad Salama the Group CEO, and Mr. Mohamed Khaled Mohamed Abdel Khabir the Group CFO the authority to approve/ sign jointly or individually all corporate credit cards' related procedures of EFG Hermes Holding and its subsidiaries. Mr. Karim Aly Awad Salama and Mr. Mohamed Khaled Mohamed Abdel Khabir are entitled to delegate the aforementioned authorities in whole or in part to other officers;
8. Authorized the Chairperson to set the date as well as the agenda and invite the annual ordinary general assembly and an extra-ordinary general meeting.
For further information:
Investor Relations Department
Email: investor-relations@efg-hermes.com
Tel: +20 (0)2 35356710
Fax: +20 (0)2 3535 7017
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