HILY HOLDING PJSC — Board/Management Information 2021

Mar 24, 2021

11

Results of the Board of Directors meeting

Date	25/03/2021
Name of the Listed Company	Foodco Holding PJSC
Date and day of the meeting:	Thursday 25/03/2021 Via Video Conference (Microsoft Teams)
The starting time of the meeting	14:00 PM
The ending time of the meeting	15:00 PM
Number of board members present	4
Quorum achieved (%)	80%
Decisions / Resolutions of the meeting	1. The previous minutes of meeting has been approved. 2. The Board decided to call for the General Assembly Meeting to be held on Monday 26/04/2021 (subject to SCA approval) and to propose no dividends distribution for the year 2020, for the AGM approval. The following proposals has been discussed and agreed to be presented to the AGM for approval: - Board of Directors Remuneration for the year 2020. - Articles of association amendments. - appointing two representatives of the shareholders to attend the General Assembly Meeting. - The Remuneration policy of the board and its committees. 3. The Corporate Governance Report for the year 2020 has been approved. 4. The audit committee report for the year 2020 has been Reviewed. 5. Other Operational matters. 6. Other operational matters have been discussed and appropriate decisions have been taken.

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Taysir Mokashfi Board Secretary 25/03/2021

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