BOD Summary of Resolutions

Summary of Resolutions for the Board of Directors Meeting Held on 16/11/2021

Cairo, November 17th, 2021: EFG Hermes S.A.E. Board of Directors convened on Tuesday 16/11/2021 at 3:00 p.m. (CLT) and: 

1. Approved 3Q2021 consolidated and standalone financial statements, along with the board report and the audit report thereon;

2. Approved 3Q2021Audit and Risk Committees Reports.

3. In accordance with FRA Anti Money Laundering and Terrorist Financing Decree no. 2/2021 the Board approved the following:

A. Appointment of Mr. Karim Farouk Mezari Rizieq as MLRO;

B. Appointment of Mr. Mohamed Abdelhady Mohamed Ahmed as Deputy MLRO;

4. The Board approved the re-appointment of Mrs. Dahlia El Salawy as the Head of Internal Audit Department of EFG Hermes Holding, based on the Audit Committee's recommendation;

5. Approved the Expected Credit Loss (ECL) policy.

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