1Q20 BOD summary of resolutions

Summary of Resolutions for the Board of Directors Meeting Held on 20/05/2020

Cairo, May 21st, 2020: EFG Hermes S.A.E. Board of Directors convened on Wednesday 20/5/2020 at 1:00 p.m. (CLT) and: 

1. Approved 1Q2019 consolidated and standalone financial statements, along with the board report and the audit report.

2. Approved 1Q2020 internal audit and risk committee report.

3. Approved the updated Anti Money Laundry manual for EFG Hermes Holding and the updated Group sanctions policy.

4. Re-appointment of the Audit committee members for the new term of the board:

· Mrs. Mona Zulficar, Chairperson

· Mr. Zubyr Soomro, member

· Mr. Ramsay Zaki, member

· Mr. Timothy Collins, member

· Re-appointment of the Risk committee members for the new term of the board

· Mrs. Mona Zulficar, Chairperson

· Mr. Zubyr Soomro, member

· Mr. Ramsay Zaki, member

· Mr. Timothy Collins, member

· Re-appointment of the Remuneration and Compensation Committee members for the New Term of the Board

· Mr. Efstratios Arapoglou, Chairperson

· Mr. Jean Cheval, member

· Mr. Marwan El Araby, member

· Mr. Ramsay Zaki, member

· Mrs. Elizabeth Critchley, member

· Re-appointment of the Corporate Governance and Nomination Committee members for the New Term of the Board. Reconstitution of the Corporate Governance and Nomination Committee by adding Mr. Khalid Mana Al Otaiba

· Mrs. Mona Zulficar, Chairperson

· Mr. Efstratios Arapoglou, member

· Mr. Karim Awad, Group CEO, member

· Mr. Timothy Collins, member

· Mr. Khalid Mana Saeed Al Otaiba, member

5. Re-appointment of the Board of Directors Secretary Mrs. Dahlia El Salawy.

For further information:

Investor Relations Department

Email: [email protected]

Tel: +20 (0)2 35356710

Fax: +20 (0)2 3535 7017

Head of Investor Relations - Hanzada Nessim

Email: [email protected]

Tel: +20 (0)2 35356502

Fax: +20(0)2 3535 7017

www.efg-hermes.com