Orascom Development Holding AG — AGM Information 2019

Jun 11, 2019

National Storage Mechanism | Additional information

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RNS Number : 7924B

Orascom Investment Holdings S.A.E

11 June 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 corniche 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

Commercial registration number: 394061 Cairo

Summary of Board of Directors Resolutions

No: (4) of 2019

June 10, 2019

On Sunday, 10th of June 2019 at 2:30 pm, upon the request of Eng. Naguib Onsi Naguib Sawiris - Executive Chairman, the Board of Directors reviewed and voted by circulation the following agenda, namely:

·    Eng. Naguib Onsi Naguib Sawiris- Executive Chairman

·    Eng. Akil Hamed Bashir - Non-Executive Vice Chairman;

·    Eng. Tamer Mokhtar Ahmed El Mahdi - Managing Director;

·    Mr. Oussama Daniel Nassif Faltas - Executive Board Member;

·    Eng. Iskandar Shalaby Naguib Rizk Shalaby - Non-Executive Board Member;

·    Mr. Ayman Mohamed El Tayeb Mohmaed Soliman- Non- Executive Board Member

·    Dr. Sameh Youssef El Torgoman - Non-Executive Expert Board Member;

·    Mr. Ashraf Abdel Tawab Abdel Razek Salman, Non-Executive Expert Board Member (independent);

·    Mr. Mohamed Hamdan Mahmoud Ashmawy - Non-Executive board member.

The Board of Directors resolved the following:

First resolution: The Board of Directors unanimously approved the Audit Committee's report on the standalone and consolidated financial statements for the financial period starting on 1/1/2019 and ending on 31/3/2019.

Second resolution: The Board of Directors unanimously approved the Auditor's Report on the standalone and consolidated financial statements for the financial period starting on 1/1/2019 and ending on 31/3/2019.

Third resolution: The Board of Directors unanimously ratified the Board of Directors' Report on the standalone and consolidated financial statements for the financial period starting on 1/1/2019 and ending on 31/3/2019, as well as the outcome of the business for said period.

Fourth resolution: The Board of Directors unanimously ratified the standalone and consolidated financial statements for the financial period starting on 1/1/2019 and ending on 31/3/2019, as well as the outcome of the business for said period.

Head of Investor Relation

Marwan Mohamed Hussein

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