REG - Orascom Investment - OIH BOD Summary

Orascom Investment Holding SAEAnnouncement

27/04/2023 10:30

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RNS Number : 6971X  Orascom Investment Holding S.A.E  27 April 2023

Orascom Investment Holding S.A.E.

Established pursuant to the provisions of Law 95/1992

Head Office: Nile City Towers, South Tower,

2005 A corniche El Nile, Ramlet Beaulac, 11221, Cairo, Egypt

Authorized Capital: EGP 2,885,129,841 billion

Issued Capital: EGP 577,025,968.2 (fully paid)

Number of Issued Shares: 5,245,690,620

Commercial register number: 394061 Cairo

Summary of Board of Directors Resolutions by Circulation

April 26, 2023

 

On the 26(th) of April 2023, pursuant to the invitation of Eng. Naguib Onsi
Sawiris -Executive Chairman, the following resolutions were taken by
circulation by the Company's Board of Directors ("Board"), namely:

-     Eng. Naguib Onsi Sawiris, Executive Chairman;

-     Eng. Akil Hamed Beshir, Non-Executive Expert Board Member
(independent);

-     Eng. Iskandar Shalaby, Non-Executive Board Member;

-     Mr. Hassan Mostafa Abdo - Non-Executive Board Member;

-     Mr. Ashraf Abdel Tawab Salman, Non-Executive Expert Board Member
(independent);

-     Mr. Oussama Daniel Nassif, Executive Board Member;

-     Mr. Mohamed Hamdan Ashmawy, Non-Executive Expert Board Member
(independent); and

-     Mrs. Wafaa Shoukry Zaklama, Non-Executive Board Member.

-     Mr. Ashraf Abdel Tawab Salman, Non-Executive Expert Board Member
(independent); and

-     Eng. Iskandar Shalaby, Non-Executive Board Member.

-

And, Ms. Rita Ibrahim Ishak - Secretary of the Board

The Resolutions:

First resolution: The Board unanimously approved the Audit Committee report on
the consolidated financial statements for the fiscal year ending on
31/12/2020, prepared in accordance with the International Financial Reporting
Standards (IFRS).

Second resolution: The Board unanimously ratified the Board's report on the
consolidated financial statements for the fiscal year ending on 31/12/2020,
prepared in accordance with the International Financial Reporting Standards
(IFRS).

Third resolution The Board unanimously approved the auditor's report on the
consolidated financial statements for the fiscal year ending on 31/12/2020,
prepared in accordance with the International Financial Reporting Standards
(IFRS).

Fourth resolution: The Board unanimously approved the consolidated financial
statements for the fiscal year ending on 31/12/2020, prepared in accordance
with the International Financial Reporting Standards (IFRS).

  Head of Investors Relations

Malak El-Meteini

 

 

 

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