4th Sep 2006 07:00
EFG-Hermes Holdings SAE03 September 2006 Decisions of the Ordinary General Assembly a. Increasing the number of Board members from 7 to 9 as well as ratify therepresentation of the new strategic investor by the two additional members b. Reconstitute the new Board of Directors for the remaining term endingafter the ratification of the fiscal year 2007 financial statements as follows:1. Mr. Yasser El Mallawany Chairman & CEO2. Mr. Hassan Heikal Co-Chairman & CEO3. Mr. Charles McVeigh Board Member4. Mr. William Garrett Board Member5. Mr. Walid Kaba Board Member6. Mr. Ramsay Zaki Board Member7. Mr. Robert Eichfeld Board Member8. A candidate representing ABRAAJ Capital Limited or its subsidiaries9. A candidate representing ABRAAJ Capital Limited or its subsidiaries c. Ratification of the changes to the Compensation Committee, responsible forthe implementation of the treasury shares and employee incentive program thatwas empowered in the Company's general assembly on 6/9/2004, by appointing Mr.William Garrett, a non-executive Board member to replace Mr. Miles Morlandeffective the date of general assembly. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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