BOD Summary of Resolutions for FY2020

Summary of Resolutions for the Board of Directors Meeting Held on 16/03/2021

Cairo, March 17th, 2021: EFG Hermes S.A.E. Board of Directors convened on Tuesday 16/03/2021 at 3:00 p.m. (CLT) and: 

1. Approved FY2020 consolidated and standalone financial statements, along with the board report and the audit report thereon.

2. Recommended a bonus shares distribution to the shareholders for the year ending December 2020, whereby proposing the distribution of 1 share for every 5 shares held.

3. Approved the Annual AML/ CFT Report for the year 2020.

4. Approved 4Q2020 Audit and Risk Committees Reports.

5. Approved 4Q2020 AML/CFT Internal Audit Report.

6. Approved the Internal Audit Terms of Reference along with its Business Plan for the year 2021 & the updated Internal Audit Standards Operational and Procedures Manual.

7. Approved the updated Group AML/ CFT Policy, the updated Group Sanctions Policy and the updated Group PEP Policy.

8. Approved the Annual Corporate Governance Report for the year 2020.

9. Approved the changes to the Audit Committee members, to include the following:

º Mrs. Mona Zulficar, Chairperson

º Mr. Zubyr Soomro

º Mr. Ramsay Zaki

º Mr. Timothy Collins

º Mr. Yasser El Mallawany

- Approved the changes to the Risk Committee members to include the following:

º Mrs. Mona Zulficar, Chairperson

º Mr. Zubyr Soomro

º Mr. Ramsay Zaki

º Mr. Timothy Collins

º Mr. Yasser El Mallawany

- Approved the changes to the Nomination Committee members to include the following:

-

º Mrs. Mona Zulficar, Chairperson

º Mr. Karim Awad

º Mr. Timothy Collins

º Mr. Takis Arapoglou

- Approved the changes to the Corporate Governance Committee members to include the following:

º Mrs. Mona Zulficar, Chairperson

º Dr. Khalid Al Otaiba

º Mr. Yasser El Mallawany

10. Delegated EFG Hermes Holding chairperson to call for the OGM/EGM and determine their agendas.

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