Board of Directors Resolutions

Summary of Resolutions for the Board of Directors Meeting Held on 01/06/2016

Cairo, June 02nd, 2016: The Board of Directors of EFG Hermes Holding S.A.E. convened yesterday (01 June 2016 at 3:00 p.m. (CLT)) and ratified the Independent Financial Advisor's valuation report on Credit Libanais's shares and reviewed EFG Hermes's auditor report on the IFA analysis.

Grant Thornton was appointed earlier by EFG Hermes' Board of Directors in its meeting held on 16/3/2016 to prepare a valuation for Credit Libanais's shares.

The meeting concluded at 4:00 p.m. (CLT).

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