REG - EFG Holding S.A.E. - EGM Second Meeting Summary of Resolutions

EFG Holding SAEAnnouncement

22/09/2025 07:00

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RNS Number : 1467A  EFG Holding S.A.E.  21 September 2025

TRANSLATION FROM ARABIC

Summary of the Resolutions Adopted by the Extraordinary General Assembly
Meeting of the Shareholders of

EFG Holding S.A.E. (the "Company")

Held on Saturday, 20 September 2025, at 11 AM

(Second Meeting)

(the "EGM")

 

Resolution No. 1

The EGM approved the reduction of the Company's issued share capital from EGP
7,298,030,040 to EGP 7,179,465,040, which reduction amounts to EGP
118,565,000, as a result of the cancellation of 23,713,000 treasury shares,
with a par value per share amounting to EGP 5, which treasury shares have been
purchased over a year ago.

 

Resolution No. 2

The EGM approved the amendment of articles 6 & 7 of the Company's Articles
of Association, in light of the share capital reduction, to be as follows:

 

Article 6 Prior to Amendment:

The Company's authorized capital amounts to EGP 30 billion and its issued
capital amounts to EGP 7,298,030,040 distributed over 1,459,606,008 shares,
with a par value per share amounting to EGP 5, all of which are cash shares,
and the Company's issued capital has been paid in full.

 

Article 6 After Amendment:

The Company's authorized capital amounts to EGP 30 billion and its issued
capital amounts to EGP 7,179,465,040 distributed over 1,435,893,008 shares,
with a par value per share amounting to EGP 5, all of which are cash shares,
and the Company's issued capital has been paid in full.

 

Article 7 Prior to Amendment:

The Company's issued capital consists of 1,459,606,008 shares, with a par
value per share amounting to EGP 5, which issued capital is paid in full, and
the capital increase amounting to EGP 1,459,606,010 has been paid by way of
the distribution of in-kind shares financed from the retained earnings of the
Company appearing in the financial statements for the financial year ending on
31/12/2022, by virtue of a resolution issued by the Ordinary General Assembly
of the Company.

 

Article 7 After Amendment:

The Company's issued capital consists of 1,435,893,008 shares, with a par
value per share amounting to EGP 5, which issued capital is paid in full.

 

The EGM delegated each of Mr. Ibrahim Moussa Ibrahim, or Mr. Ahmed Abdelkerim
Nasef, or Ms. Fatma Elzahraa Yasser, or Mr. Mohab Rami Khalil, lawyers,
individually, to undertake all such necessary legal actions to procure the
ratification of the minutes of the EGM by the Financial Regulatory Authority
(FRA), to liaise with the Chamber of Commerce, to procure the annotation by
the commercial register, to procure the ratification of the amendment contract
by the Notary Public and the Egyptian Bar Association, and to liaise with the
Egyptian Exchange and Misr for Central Clearing, Depository, and Registry
(MCDR) for the purposes of registering the capital reduction.

 

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