OGM Invitation August 19, 2019

Orascom Investment Holding S.A.E.

Established pursuant to the provisions of Law 95/1992

Head Office: Nile City Towers, South Tower, 29 Floor,

2005 A Croniche El Nile, Ramlet Beaulac, 11221, Cairo, Egypt

Authorized Capital: EGP 22 Billion

Issued Capital:

EGP: 2,203,190,060.40

(Fully paid)

Number of Issued Shares:

5,245,690,620

Invitation to the Ordinary General Assembly Meeting

The Executive Chairman of Orascom Investment Holding S.A.E. cordially invites you to the Ordinary General Assembly Meeting of the Company on Monday 19th of August 2019 at 2:30 pm at Conrad Cairo Hotel - Salon Diplomat - 1191 corniche El Nile, Beaulac, Cairo, Egypt, to review and vote on the following agenda:

- Discuss and authorize the Board of Directors to extend a shareholder's loan to Beltone Financial Holding.

We draw the shareholders' attention to the following:

First: Each shareholder shall be entitled to attend the Ordinary General Assembly either in person or by proxy to another shareholder who is not a member of the Board of Directors. To be valid, a proxy must be issued by means of a written power of attorney and the representative must be a shareholder. Any shareholder may not represent by proxy in the Ordinary General Assembly a number of votes exceeding ten percent (10%) of the nominal shares of the Company's share capital or twenty percent (20%) of the shares present at the Meeting.

Second: Shareholders who wish to attend the General Assembly shall submit a statement of their shares which they hold and deposited with a custodian company, evidencing the freeze of the shares shown in the statement of account for the purpose of attending the General Assembly.

Third: Any questions concerning the items of the agenda of the General Assembly shall be submitted to the Company's management in writing at the Company's registered office by registered mail or hand delivered against a receipt at least three days prior to the date the General Assembly convenes. Discussions at the General Assembly shall be limited to the items on the agenda.

Fourth: Resolutions of the Ordinary General Assembly are passed by a majority of the shares represented in the meeting.

Fifth: Attendance of the General Assembly shall be limited to the shareholders only without other companions. Attendees must be present at least one hour before the General Assembly to register their attendance by identification or proxy.

Executive Chairman

Naguib Onsi Sawiris