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EFG Holding S.A.E. shareholders, at an Extraordinary General Assembly Meeting on September 20, 2025, approved a reduction of the Company's issued share capital. The capital was reduced by EGP 118,565,000, from EGP 7,298,030,040 to EGP 7,179,465,040, through the cancellation of 23,713,000 treasury shares, each with a par value of EGP 5. The EGM also approved amendments to Articles 6 and 7 of the Company's Articles of Association to reflect the new issued capital of EGP 7,179,465,040, distributed over 1,435,893,008 shares.
| Date | 22 Sept 2025 |
| Time | 07:00:03 |
| Category | AGMs and other meetings |
| ID | 1467A |
TRANSLATION FROM ARABIC
Summary of the Resolutions Adopted by the Extraordinary General Assembly Meeting of the Shareholders of
EFG Holding S.A.E. (the "Company")
Held on Saturday, 20 September 2025, at 11 AM
(Second Meeting)
(the "EGM")
Resolution No. 1
The EGM approved the reduction of the Company's issued share capital from EGP 7,298,030,040 to EGP 7,179,465,040, which reduction amounts to EGP 118,565,000, as a result of the cancellation of 23,713,000 treasury shares, with a par value per share amounting to EGP 5, which treasury shares have been purchased over a year ago.
Resolution No. 2
The EGM approved the amendment of articles 6 & 7 of the Company's Articles of Association, in light of the share capital reduction, to be as follows:
Article 6 Prior to Amendment:
The Company's authorized capital amounts to EGP 30 billion and its issued capital amounts to EGP 7,298,030,040 distributed over 1,459,606,008 shares, with a par value per share amounting to EGP 5, all of which are cash shares, and the Company's issued capital has been paid in full.
Article 6 After Amendment:
The Company's authorized capital amounts to EGP 30 billion and its issued capital amounts to EGP 7,179,465,040 distributed over 1,435,893,008 shares, with a par value per share amounting to EGP 5, all of which are cash shares, and the Company's issued capital has been paid in full.
Article 7 Prior to Amendment:
The Company's issued capital consists of 1,459,606,008 shares, with a par value per share amounting to EGP 5, which issued capital is paid in full, and the capital increase amounting to EGP 1,459,606,010 has been paid by way of the distribution of in-kind shares financed from the retained earnings of the Company appearing in the financial statements for the financial year ending on 31/12/2022, by virtue of a resolution issued by the Ordinary General Assembly of the Company.
Article 7 After Amendment:
The Company's issued capital consists of 1,435,893,008 shares, with a par value per share amounting to EGP 5, which issued capital is paid in full.
The EGM delegated each of Mr. Ibrahim Moussa Ibrahim, or Mr. Ahmed Abdelkerim Nasef, or Ms. Fatma Elzahraa Yasser, or Mr. Mohab Rami Khalil, lawyers, individually, to undertake all such necessary legal actions to procure the ratification of the minutes of the EGM by the Financial Regulatory Authority (FRA), to liaise with the Chamber of Commerce, to procure the annotation by the commercial register, to procure the ratification of the amendment contract by the Notary Public and the Egyptian Bar Association, and to liaise with the Egyptian Exchange and Misr for Central Clearing, Depository, and Registry (MCDR) for the purposes of registering the capital reduction.