Last checked at 22 Jul 2019 10:35
Orascom Investment Holding S.A.E.
Established pursuant to the provisions of Law 95/1992
Head Office: Nile City Towers, South Tower, 29 Floor,
2005 A Croniche El Nile, Ramlet Beaulac, 11221, Cairo, Egypt
Authorized Capital: EGP 22 Billion
Issued Capital:
EGP: 2,203,190,060.40
(Fully paid)
Number of Issued Shares:
5,245,690,620
Commercial registration number: 394061 Cairo
Invitation to the Extraordinary General Assembly Meeting
The Executive Chairman of Orascom Investment Holding S.A.E., with an authorized capital of EGP 22 Billion and an issued capital of EGP 2,203,190,060.40 registered in the Cairo Commercial Register under number 394061, is honored to invite you to the Extraordinary General Assembly Meeting of the Company on Monday 19th August 2019 at 3:30 pm at Conrad Cairo Hotel - Salon Diplomat - 1191 corniche El Nile, Beaulac, Cairo, Egypt. to consider the following agenda:
1. Approve the amendment of articles (21) and (46) of the Articles of Association of the Company to adopt the accumulative voting system in the Board of Directors elections.
2. Approve and ratify the Employee Stock Option Plan (ESOP) through issuing free shares to the employees, directors and executive Board members of the Company.
We draw the shareholders' attention to the following:
First: Each shareholder shall be entitled to attend the Extraordinary General Assembly of the shareholders either in person or by proxy to another shareholder who is not a member of the Board of Directors. To be valid, a proxy must be issued by means of a written power of attorney and the representative must be a shareholder. Any shareholder may not represent by proxy in the Extraordinary General Assembly a number of votes exceeding ten percent (10%) of the nominal shares of the Company's share capital or twenty percent (20%) of the shares present at the Meeting.
Second: Shareholders who wish to attend the General Assembly shall submit a statement of their shares which they hold and deposited with a custodian company, evidencing the freeze of the shares shown in the statement of account for the purpose of attending the General Assembly.
Third: Any questions concerning the items of the agenda of the General Assembly shall be submitted to the Company's management in writing at the Company's registered office by registered mail or hand delivered against a receipt at least three days prior to the date the General Assembly convenes. Discussions at the General Assembly shall be limited to the items on the agenda.
Fourth: Resolutions of the Extraordinary General Assembly are passed by a majority two- thirds of the shares represented in the meeting.
Fifth: Attendance of the General Assembly shall be limited to the shareholders only without other companions. Attendees must be present at least one hour before the General Assembly to register their attendance by identification or proxy.
Executive Chairman
Naguib Onsi Sawiris