11 May 2020 07:00
TRANSLATION FROM ARABIC
Summary of Resolutions for the Annual General Meeting
EFG Hermes Holding S.A.E.
Held on May 7th, 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 (DF EFG3 Limited representative)* | Non-Executive |
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 (RA MENA Holdings LTD representative) | Non-Executive |
12- | Elizabeth Critchley | Board Member (RA Holdings I LTD representative) | Non-Executive |
*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
Efg-hold.gdr S (EFGD)