Notice of AGM

EZZ Steel Company - S.A.E.

08 May 2024

 

EZZ Steel Company - S.A.E.

Cairo, 8 May 2024 - Ezz Steel (EGX: ESRS; London Stock Exchange: AEZD)

Ezz Steel Company- S.A.E. according to the provisions of Law 159 of 1981

Commercial Registration No. 472, Al Menofia

Company's authorized capital EGP 8 bn.

Company's issued and paid-up capital EGP 2.176 bn.

Ordinary General Assembly Invitation

The Board of Directors have the pleasure to invite the shareholders to attend the Ordinary General Assembly of the company on Saturday 8 June 2024 at 11:00 a.m. at the plant's premises, Sadat City- Al Menofia, Egypt, to consider the following agenda:

1)   The Board of Directors' Report for the fiscal year 2023.

2)   The Auditor's report for company's financial statements for the fiscal year ending 31/12/2023.

3)   The Governance Report with its associated Auditors' Reports for the fiscal year ending 2023.

4)   Ratifying the company's financial statements for the fiscal year ending 31-12-2023.

5)   Discharge/ Release the Chairman and Members of the Board from their liabilities for the fiscal year ending 31-12-2023.

6)   Determining the Board of Directors' allowance and remuneration for the upcoming year 2024.

7)   Appointing the Company's auditor for the fiscal year ending 31/12/2024 and determining his remuneration.

8)   Ratifying the related party contracts concluded during the year 2023 and authorizing the Board of Directors to conclude related party contracts during the year 2024, while delegating the Board to issue guarantees on behalf of subsidiaries and sister companies from external parties.

9)   Authorizing the Board of Directors to grant donations during the year 2024, and approve the donations granted during the year 2023. 

We draw the attention of the shareholders to the following:

a.     Each shareholder shall be entitled to attend the ordinary general meeting in person or by proxy to another shareholder who is not a board member, by virtue of a written power of attorney.

b.     Shareholders wishing to attend the ordinary general meeting must submit a statement issued by a central custodian specifying that the shares have been frozen for purposes of attending the meeting and until its adjournment, at least three days prior to the meeting. No transfer of ownership of shares may be registered in the Company's register from the date of publication of the invitation to the meeting until the adjournment of the general assembly.

c.     All documents to be made available to shareholders in accordance with Article (219-220-221) of the Executive Regulations of the Companies Law No. 159 of 1981 are available for review at the Company's headquarters during official working hours.

d.     Any inquiries relating to the agenda of the ordinary general meeting shall be delivered written at the Company's headquarters at least three days prior to the ordinary general meeting.

Ezz Steel Board of Directors

Investor Relations

 

END