Last checked at 17 Jun 2013 09:08
TRANSLATION FROM ARABIC
Invitation to
the Annual General Meeting
EFG Hermes Holding S.A.E.
The Chairperson of the Board of Directors of EFG Hermes Holding S.A.E., an Egyptian joint stock Company with authorized capital of EGP 3.2 billion (EGP three billion and two hundred million) and issued and paid-in capital of EGP 2,391,473,750 (EGP two billion three hundred ninety one million, four hundred seventy three thousand and seven hundred and fifty), registered under no. 12665 at 6th October Commercial Registry, kindly invites its shareholders to attend the Company's Annual General Meeting at 9:00 AM on Sunday 7th of July 2013 at "Joy Club" Ballroom of the Mövenpick Pyramids Hotel Giza, in order to deliberate upon the following items on the agenda:
1. Presentation and approval of the management report of the Board of Director on the consolidated financial statements for the financial year ended 31/12/2012;
2. Approve the financial auditor's report on the financial statements for the fiscal year ended 31/12/2012;
3. Ratify the financial statements for the fiscal year ended 31/12/2012;
4. Approve the appropriations account for the fiscal year ending 31/12/2012;
5. Approve the transfer of EGP 477,903,750 (EGP four hundred seventy seven million nine hundred and three thousand seven hundred and fifty) from the retained earnings account as at 31/12/2012 to the share capital account, to distribute 1 bonus share for every 5 shares held by each shareholder;
6. Discharge of the Members of the Board from all liability with regard to the activities of fiscal year 2012 and ratify the changes occurred on the Board;
7. Approve the Board of Directors' remuneration and allowances for the fiscal year 2012;
8. Approve the re-appointment of the Company's financial auditors for the fiscal year 2013 and determining their fees;
9. Ratify all donations during 2012 and authorize the Board of Directors to approve donation amounts greater than EGP1,000 during the fiscal year 2013.
In this respect, please note the following:
First: Each shareholder has the right to attend the General Meeting either in person, or by delegating another shareholder who is not a Board member. Delegation, to be valid, must be stated in a written proxy, and no shareholder, except for juridical persons, shall be entitled to represent, by proxy, a number of votes exceeding 10% of the total shares of the Company's capital and not to exceed 20% of the shares represented in the meeting.
Second: Shareholders who wish to attend the General Meeting must submit a statement of account for their shares deposited with a custodian, confirming that the balance of shares deposited have been temporarily blocked for the purpose of attending the meeting.
Third: Any questions regarding the issues to be reviewed by the Ordinary General Meeting must be submitted in writing to the Company's management at the Head Office, either by registered mail or by hand delivery against receipt, at least three days prior to date of the General Meeting. Discussion in the General Meeting shall be limited to the issues listed in the agenda.
Fourth: Resolutions of the Ordinary General Meeting shall be issued by absolute majority of the shares represented in the meeting.
Fifth: Attendance of the meeting is restricted to shareholders with no accompanying guests. We would like to ask the shareholders to arrive half an hour before the designated meeting time to allow for registration of attendance upon submission of identification documents and proxies.
Mona Zulficar
Chairperson of the Board of Directors
For further information:
Investor Relations Contacts
Tel: +20 (0)2 35356710
Fax: +20 (0)2 3535 7017
Email: investor-relations@efg-hermes.com
www.efg-hermes.com