BOD Summary Of Resolutions

Summary of Resolutions for the Board of Directors Meeting Held on 10/02/2022

Cairo, February 13th, 2022: EFG Hermes S.A.E. Board of Directors convened on Thursday 10/02/2022 at 3:30 p.m. (CLT), and: 

The Board of Directors (the "Board") of EFG Hermes Holding S.A.E. ("EFG Hermes" or the "Company") met to discuss the non-binding offer ("NBO") submitted by First Abu Dhabi Bank ("FAB") to launch a Mandatory Tender Offer for a minimum of 51% of the share capital of the Company in accordance with the Capital Market Law and its executive regulations.

The Board decided to proceed with appointing an international financial adviser and an Egyptian law firm to advise the Company on this potential transaction.

All developments in connection with this potential transaction will be promptly disclosed to the market.

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