Orascom Investment Holding BOD Meeting Summary

Orascom Investment Holding S.A.E

30 October 2024

 

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

29 October 2024

On October 29, 2024, upon the invitation of the 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 Abdo, 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);

-     Mrs. Wafaa Shoukry Zaklama, Board Member;

-     Mrs. Manal Abdel Hamid; Executive Board Member;

-     Dr. Ahmed Mahmoud Darwish, Non-Executive Expert Board Member (independent); and

-     Dr. Khaled Ezz El Din Ismail, Non-Executive Expert Board Member (independent).

Mr. Oussama Daniel Nassif was appointed Secretary of the Board.

The Resolutions:

1.     To approve the Audit Committee report on the consolidated financial statements for the fiscal year ending on 31/12/2021, prepared in accordance with the International Financial Reporting Standards ("IFRS").

2.     To approve the Board's report on the consolidated financial statements for the fiscal year ending on 31/12/2021.

3.     To ratify the auditor's report on the consolidated financial statements for the fiscal year ending on 31/12/2021 prepared in accordance with the IFRS.

4.     To approve the consolidated financial statements for the fiscal year ending on 31/12/2021, prepared in accordance with the IFRS.

Head of Investors Relations

        Malak El-Meteini

 

END