Published: Apr 26, 2024 09:20:02 AM
Sequence No.: 8
ISIN: AEDFXA14NUL7

Orascom Construction PLC announces that it has published the Notice of Annual General Meeting (AGM) to be held on 20 May 2024 for the purpose of considering and, if thought fit, passing the following resolutions:

• Resolution 1: That the Company’s financial statements as at and for the financial year ended 31 December 2023 together with the notes to those financial statements and the director’s and auditor’s reports on those financial statements be and are hereby approved.
• Resolution 2: That Osama Bishai be and is hereby reappointed as an executive director of the Company, in accordance with the Company’s articles of association.
• Resolution 3: That Hassan H. Badrawi be and is hereby appointed as a non-executive director of the Company, in accordance with the Company’s articles of association.
• Resolution 4: That Bjorn Schuurmans be and is hereby appointed as a non-executive director of the Company, in accordance with the Company’s articles of association.
• Resolution 5: That , subject to and based on the recommendation of the directors of the Company, the Company declare a dividend of US$ 0.20 per share based on the financial statements of the Company as at 31 December 2023, and such dividend to be paid during August 2024. The directors shall set the exact Record and Payment dates during July 2024, and the Company shall pay the dividend in US$ to the members holding ordinary shares on Nasdaq Dubai at the Record Date and in Egyptian Pounds (subject to the US$/EGP sell exchange rate announced by the Central Bank of Egypt on the date of the Board resolution in July 2024) to the members holding ordinary shares on the Egyptian Exchange at the Record Date.
• Resolution 6: That KPMG LLP be and is hereby reappointed as independent external auditor of the Company to hold office from the conclusion of this meeting until the conclusion of the next annual general meeting of the Company at which audited financial statements are laid.
• Resolution 7: That , subject to Resolution 6 above being passed, the Board be and are hereby generally and unconditionally authorised to determine the remuneration for the external auditor, KPMG LLP.

Company Registrar:
Link Group
[email protected]

Investor Relations:
Hesham El Halaby
[email protected]

Attachment(s)

Attendance Request Form

Board Resolution

Notice of Annual General Meeting

Voting Instruction Form