BoD Summary of Resolutions for 26/3/2017 Meeting

Summary of Resolutions for the Board of Directors Meeting Held on 26/03/2017

Cairo, March 27th, 2017: EFG Hermes S.A.E. Board of Directors convened on Sunday 26/3/2016 at 1:00 p.m. (CLT) and: 

1. Approved FY2016 Consolidated and standalone financial statements, along with the board report and the audit report.

2. Approved 4Q2016 internal audit and risk committee report.

3. Approved the recommendation of the compensation committee to put into effect a two year program whereby a number of employees would receive a cash bonus linked to the share price.

4. Recommended a cash dividend of EGP2.75 per share, subject to the general assembly approval.

5. Ratified reconstitution of the executive committee.

6. Delegated the chairperson to call for the OGM and determine its agenda.

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