Board of Directors’ Change

EFG Hermes Board of Directors' Change

Cairo, February 20th, 2023: EFG Hermes Board of Directors accepted the resignation of RA MENA Holding LTD and RA Holdings I LTD represented by Mr. Timothy Collins and Ms. Elizabeth Crichley, respectively, as members of the Board of EFG Hermes Holding and the committees on which they served. It is worth highlighting that RA MENA Holding LTD and RA Holdings I LTD reduced their ownership in EFG Hermes shares from 11.68% to 3.8%. The change in the Board constitution resulting from the above resignation is subject to ratification by the forthcoming Ordinary General Meeting of the Company.

For further information

Investor Relations Department

Email: investor-relations@efg-hermes.com

Tel: +20 (0)2 35356710

Fax: +20 (0)2 3535 7017

Group Head of Corporate Strategy and Investor Relations - Hanzada Nessim

Email: hnessim@efg-hermes.com

Tel: +20 (0)2 35356502

Fax: +20(0)2 3535 7017

www.efg-hermes.com