REG - EZZ Steel Company - AGM Statement

Ezz Steel Co SAEAnnouncement

22/05/2023 07:00

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RNS Number : 1105A  EZZ Steel Company - S.A.E.  21 May 2023

EZZ Steel Company - S.A.E.

Cairo, 21 May 2023 - Ezz Steel (EGX: ESRS; London Stock Exchange: AEZD)

The resolutions of the company's Ordinary General Assembly meeting held on 20
May 2023 are as follows:

 

1)   Approving the Board of Directors' report on fiscal year 2022.

2)   Approving the auditor's report on the company's financial statements
for the fiscal year ending 31/12/2022.

3)   Approving the auditor's report on the Governance Report for fiscal year
2022.

4)   Ratifying the company's financial statements for the fiscal year ending
31/12/2022.

5)   discharging the Chairman and the Directors of the Board from their
liabilities for the fiscal year ending 31/12/2022.

6)   Electing the following Board Directors for the upcoming 3 years Board
term:

 

 Name                   Title
 Mr. Mamdouh El Rouby   Chairman           Non-executive
 Mr. Hassan Ahmed Nouh  Managing Director  Executive
 Mr. Raed El Beblawy    Board member       Non-executive
 Eng. Fayez Aly         Board member       Non-executive
 Eng. Gamil Iskandar    Board member       Non-executive
 Mrs. Hala Bassiouny    Board member       Non-executive

 

7)   Approving the Board of Directors' allowance and remuneration for the
upcoming fiscal year.

8)   Approving the appointment of the Company's auditor and setting his
remuneration for the fiscal year ending 31/12/2023.

9)   Ratifying the related parties' contracts concluded during the year 2022
and authorizing the Board of Directors to enter into related party contracts
during the year 2023; and delegating the Board to issue guarantees from
external parties on behalf of subsidiaries and sister companies.

10) Authorizing the Board of Directors to grant donations during the year
2023, and approving the donations granted during the year 2022.

 

Investor Relations

 

 

 

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