REG - Edita Food Ind SAE - Edita Board Resolutions Dated 9 March 2025

Edita Food Industries SAEAnnouncement

10/03/2025 07:00

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RNS Number : 9764Z  Edita Food Industries S.A.E.  09 March 2025

 

 

 

Edita Food Industries - Summary of Resolutions of the Board of Directors
Meeting of the company convened on Sunday dated 9/3/2025

 

Giza, 9/3/2025

 

Edita Food Industries S.A.E. ("the Company") announces that the Board of
Directors Meeting of the Company convened on Sunday dated 9/3/2025 and
unanimously resolved the following resolutions:

1)   Approved the minutes of the previous Board of Directors Meeting (No.
194) dated 16/01/2025.

2)   Approved the Company's balance sheet and profit and loss accounts and
approved the Board of Directors' report for the Company's activities for the
fiscal year ending on 31/12/2024 as well as approving the corporate governance
annual report and the Auditor's report thereon to be submitted to the ordinary
general assembly.

3)   Approved the Auditor's report on the standalone and consolidated
financial statements for the fiscal year ending on 31/12/2024 to be submitted
to the ordinary general assembly.

4)   Approved the Company's standalone and consolidated financial statements
for the fiscal year ending on 31/12/2024 to be submitted to the ordinary
general assembly.

5)   Approved the proposal for distributing dividends for the fiscal year
ending on 31/12/2024, which includes the distribution of part of the dividends
for the fiscal year ending on 31/12/2024 on the shareholders in the amount of
EGP 800,100,000 by way of a coupon of 1.143 EGP disbursed to shareholders in
two (2) equal installments to be submitted to the ordinary general meeting.

6)   Approved to call for the OGM and delegating the Chairman of the company
in determining the place and method of convening the meeting and amending the
date of meeting, as the case may be, to consider the following agenda:

1.    Approving the Board of Directors report on Company's activities for
the fiscal year ending 31/12/2024, and approving the corporate governance
annual report and the Auditor's report thereon;

2.    Approving the auditor's report for the standalone and consolidated
financial statements for the fiscal year ending 31/12/2024;

3.    Approving the Company's standalone and consolidated financial
statements for the fiscal year ending 31/12/2024;

 

 

 

 

 

 

4.    Approving the Board of Directors proposal for the dividends'
distribution, which includes the distribution of part of the dividends for the
fiscal year ending on 31/12/2024 by way of cash coupon disbursed to
shareholders in two (2) equal instalments and delegating the Chairman in
determining the disbursement dates after coordination with MCDR and EGX;

5.    Discharging the members of the Board of Directors from their
liabilities for the fiscal year ending 31/12/2024;

6.    Determining allowances and remuneration of Board of Directors for the
fiscal year ending 31/12/2025;

7.    Authorizing the Board of Directors to grant donations during the
fiscal year ending 31/12/2025, and approve the donations granted during the
fiscal year ending 31/12/2024; and

8.    Appointing the Company's auditor for the fiscal year ending
31/12/2025 and determining his remuneration.

7)   The Board of Directors has been updated on the audit committee report.

 

-Ends

Contacts

Ms. Menna Shams El Din

Chief Investment Officer & Corporate Affairs

T: +202 3851 6464 | M: +20 100 1542428 |  menna.shamseldin@edita.com.eg
(mailto:%20menna.shamseldin@edita.com.eg)

 

 

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