REG - EFG Holding S.A.E. - Summary of Resolutions for Annual General Meeting

EFG Holding SAEAnnouncement

20/05/2024 07:45

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RNS Number : 0662P  EFG Holding S.A.E.  20 May 2024

TRANSLATION FROM ARABIC

Summary of Resolutions for the Annual General Meeting

EFG Holding S.A.E.

Held on May 18(th), 2024

 

Resolution no.1

The AGM approved the Board of Directors' report on the company's activities
for the financial year ended 31/12/2023.

 

 

Resolution no.2

The AGM approved the Company's auditor report on the financial statements for
the fiscal year ended 31/12/2023.

 

 

Resolution no.3

The AGM ratified the financial statements for the fiscal year ended
31/12/2023.

 

 

 

Resolution no.4

The AGM approved the corporate governance report for the fiscal year ended
31/12/2023.

 

 

Resolution no.5

The AGM approved the discharge of the Chairperson and the Board members from
all liabilities concerning the activities of fiscal year 2023.

 

 

Resolution no.6

The AGM approved non-executive Board members' remunerations for the fiscal
year 2023, and approved the Board of Directors' remunerations, attendance and
travel allowances for the fiscal year 2024.

 

 

 

 

 

 

Resolution no.7

The AGM Ratified the Board of Directors' resolution on 20/12/2023 to appoint
Mr. Abdelhady Mohamed Ali Ibrahim, Partner at KPMG Hazem Hassan, as the
Company's auditor. And approved the appointment of the Company's auditors for
the fiscal year 2024 and delegated the Board of Directors to determine their
fees based on a recommendation from the audit committee.

 

Resolution no.8

The AGM ratified the donations for the fiscal year 2023 which totaled to
EGP25,250,000; and authorized the Board to approve donations in excess of
EGP1,000 during the fiscal year 2024.

 

Resolution no.9

The AGM approved the delegation of Mr. Karim Ali Awad Saleh Salama and Mr.
Mohamed Khaled Mohamed Abdel Khabir collectively to sign on all subsidiaries'
guarantees inside and outside of Egypt.

 

 

 

 

For further information:

Investor Relations Department

Email: investor-relations@efg-hermes.com
(mailto:investor-relations@efg-hermes.com)

Tel: +20 (0)2 35356710

Fax: +20 (0)2 35357017

 

Head of Investor Relations - Hanzada Nessim

Email: hnessim@efg-hermes.com

Tel: +20 (0)2 35356502

Fax: +20(0)2 3535 7017

 

www.efghldg.com

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