Edita EGM decisions

Cairo, November 25, 2018

Edita Food Industries S.A.E ("the Company") has the pleasure to announce that the Extraordinary General Assembly Meeting of the Company convened on Sunday, November 25, 2018 and resolved the amendment of Article (21) of the Company's Statutes to remove the condition of reserving specific seats on the Board to specific shareholder and accordingly to have the board members appointed based on shareholders' vote, as follows:

Article 21 Before Amendment:

The Company shall be managed by a board of directors consisting of minimum five members and a maximum of nine to be appointed by the General Assembly. The juristic person may appoint more than one representative in the board of directors, and in such case the votes will increase according to the number of representatives.

Article 21 After Amendment:

The Company shall be managed by a board of directors consisting of minimum five members and a maximum of Nine to be appointed by the General Assembly, provided that whoever will be appointed to the membership of the board of directors shall not be a representative of any competitive company thereto.

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Contacts

Ms. Menna Shams El Din

Investor Relations and Business Development Senior DirectorT: +202 3851 6464 | M: +20 100 1542428 |  [email protected]