Commercial International Bank (Egypt) S.A.E.
Authorized Capital: EGP 20 Billion
Issued and Paid-in Capital: EGP 14,690,821,300
Head Office: Nile Tower Building
21/23 Charles de Gaulle St., Giza,
C.R. 69826 Giza
Invitation To the Extraordinary General Assembly
The Bank's Board of Directors cordially invites the shareholders to attend the Extraordinary General Assembly to be held Wednesday, 12 June, 2019 at 02:30 P.M. at the Bank's premises in the Financial District, Smart Village (Km 29 Cairo-Alex. Desert Road) to deliberate the following Agenda:
(1) Approve increasing the Authorized Capital from EGP 20 billion to EGP 50 billion and amend Article (6) of the Bank's Statute.
(2) Approve amending Article (4) of the Bank's Statute.
(3) Approve amending Article (8) of the Bank's Statute.
(4) Approve amending Article (25) of the Bank's Statute.
(5) Approve amending Article (39) of the Bank's Statute.
(6) Approve amending Article (44) of the Bank's Statute.
(7) Approve amending Article (47 bis) of the Bank's Statute.
(8) Approve amending Article (55 bis) of the Bank's Statute.
Please note the following:
First: Each shareholder is entitled to attend the General Assembly meeting in person or by a proxy to another shareholder, other than CIB's Board Members, in the form of a written power of attorney. Except for juristic individuals, any shareholder is not entitled to represent in the form of proxies more than 10% of the total Bank shares and 20% of the shares represented at the Meeting.
Second: For attendance purposes, each shareholder is requested to present a certificate accompanied by statement of shares issued by an authorized bookkeeper confirming blocking of shares at least three days prior the meeting date.
Third: Detailed statements and documents - as stipulated in article 228 of the Executive Regulations of Law No. 159/1981 will be available at the Bank's Financial Controls Department, Head Office, during the Bank's official working hours for the perusal of all shareholders.
Fourth: Any inquiry concerning the items listed in the Agenda of the Extraordinary General Assembly should be addressed in writing to the Bank's Financial Controls Department, Head Office, via registered mail or hand delivered against a receipt, at least three days prior the Assembly date. Only items pertaining to the stated agenda shall be discussed during the meetings.
Fifth: If the legal quorum of the Extraordinary General Assembly is not attained, a second meeting will take place Monday, 24 June 2019 at 2:30 pm at the same venue. The second meeting shall be considered valid if attended by a number of shareholders representing at least one fourth of the capital.
Sixth: The resolutions of the Extraordinary General Assembly shall be issued by a majority of two-thirds of the shares represented in the meeting; except for the resolution for increasing the authorized capital that requires the consent of the majority of three-fourth of the shares represented in the meeting.
Seventh: Meetings attendance is restricted to the Bank's shareholders, i.e. no escorts are allowed.
For registration purposes, you are kindly requested to be present one hour prior to the Assembly commencement.
With the compliments of the Commercial International Bank (Egypt).
http://www.rns-pdf.londonstockexchange.com/rns/2979Z_1-2019-5-16.pdf
Amin Hisham Ezz Al-Arab
Chairman & Managing Director
