OIH BOD Summary

Orascom Investment Holding S.A.E

31 May 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

Commercial register number: 394061 Cairo

Summary of Board of Directors Resolutions by Circulation

30 May 2023

On Tuesday, May 30, 2023, upon the invitation of the Board Chairman, Eng. Naguib Onsi Sawiris, the following resolutions were taken by circulation by all members of the Board, as per the Company's AoA:

-     Eng. Naguib Onsi Sawiris, Chairman;

-     Mr. Marwan Hussein Mohamed, OTMT Acquisition S.à r.l representative, Managing Director;

-     Eng. Akil Beshir, Non-Executive Expert Board Member;

-     Mr. Hassan Mostafa Abdoو OTMT Acquisition S.à r.l representative, Non-Executive Board Member;

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

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

-     Mrs. Wafaa Shoukry Zaklama, Board Member;

-     Mrs. Manal Abdel Hamid; Board Member

Ms. Rita Ibrahim Ishak was appointed Secretary of the Board.

The Resolutions:

1.   Ratified the Audit Committee's report on the standalone financial statements for the period starting on 1/1/2023 and ending on 31/3/2023, prepared as per Egyptian Accounting Standard.

2.   Approved the Board report on the Company's activity for the period starting on 1/1/2023 and ending on 31/3/2023.

3.   Ratified the auditor's report on the standalone financial statements for the period starting on 1/1/2023 and ending on 31/3/2023.

4.   Ratified the standalone financial statements for the fiscal period starting on 1/1/2023 and ending on 31/3/2023.

Head of Investors Relations

Malak El-Meteini

 

END