Orascom Investment Holding S.A.E

Board/Management Information • Nov 23, 2020

National Storage Mechanism | Additional information

RNS Number : 0878G

Orascom Investment Holding S.A.E

23 November 2020

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

November 19, 2020

On Thursday, November 19, 2020, pursuant to the invitation extended by Eng. Naguib Onsi Sawiris - Chairman and Managing Director to the Directors, the Board of Directors reviewed and voted on the following agenda by circulation:

·    Eng. Naguib Onsi Sawiris - Chairman & Managing Director;

·    Eng. Akil Hamed Bashir - Non-Executive Vice-chairman (independent);

·    Eng. Hassan Mostafa Abdo - Non-Executive Director;

·    Eng. Iskandar Shalaby Naguib Rizk - Non-Executive Director;

·    Dr. Sameh Youssef El Torgoman - Non-Executive Director;

·    Mr. Ashraf Abdel Tawab Salman - Non-Executive Director (independent);

·    Mr. Mohamed Hamdan Ashmawy - Non-Executive Director; and

·    Mr. Oussama Daniel Faltas - Executive Director.

-     Mr. Mostafa Mamdouh Abdel Razek - Secretary of the Board.

Resolutions:

First resolution: The Board of Directors unanimously approved the Audit Committee's report on the standalone and consolidated financial statements for the financial period ending on September 30, 2020.

Second resolution:  The Board of Directors unanimously ratified the Auditor's Report on the standalone and consolidated financial statements for the financial period ending on September 30, 2020.

Third resolution: The Board of Directors unanimously ratified the Board of Directors' Report on the standalone and consolidated financial statements for the financial period ending on September 30, 2020, as well as the outcome of the business for such period.

Fourth resolution:  The Board of Directors unanimously ratified the standalone and consolidated financial statements for the financial period ending on September 30, 2020, as well as the outcome of the business for such period.

Investor Relations Director

Marwan Mohamed Hussein

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