Board Directors Resolutions

TRANSLATION FROM ARABIC

USummary of Board of Directors Resolutions

UEFG Hermes Holding S.A.E.

Monday 31/8/2015

EFG Hermes S.A.E. Board of Directors convened on Monday 31/8/2015 at 3:00 p.m. (CLT).

Below is the summary of the Board resolutions:

1. At the request of EFSA and pursuant to directive number 8 for the year 2014; the Board of Directors decided to initiate the process of transferring the ownership of 36,956,522 shares of EFG Hermes Holding from EFG Hermes IB Limited back to the Holding company.

2. The Board of Directors approved starting the procedure to reduce the issued capital from EGP 3,259,255,500 to EGP 3,074,472,890 after the completion of the shares transfer and authorized the Chairperson to invite the EGM to approve such capital decrease.

The meeting concluded at 3:30 pm (CLT).

For further information:

Investor Relations Contacts

Tel: +20 (0)2 35356710

Fax: +20 (0)2 3535 7017

Email: investor-relations@efg-hermes.com

Head of Investor Relations

Hanzada Nessim

Email: hnessim@efg-hermes.com

Tel: +20 (0)2 35356502

Fax: +20(0)2 3535 7017

www.efg-hermes.com