Giza, 9/3/2025

Edita Food Industries S.A.E. ("the Company") announces that the Board of Directors Meeting of the Company convened on Sunday dated 9/3/2025 and unanimously resolved the following resolutions:

1)   Approved the minutes of the previous Board of Directors Meeting (No. 194) dated 16/01/2025.

2)   Approved the Company's balance sheet and profit and loss accounts and approved the Board of Directors' report for the Company's activities for the fiscal year ending on 31/12/2024 as well as approving the corporate governance annual report and the Auditor's report thereon to be submitted to the ordinary general assembly.

3)   Approved the Auditor's report on the standalone and consolidated financial statements for the fiscal year ending on 31/12/2024 to be submitted to the ordinary general assembly.

4)   Approved the Company's standalone and consolidated financial statements for the fiscal year ending on 31/12/2024 to be submitted to the ordinary general assembly.

5)   Approved the proposal for distributing dividends for the fiscal year ending on 31/12/2024, which includes the distribution of part of the dividends for the fiscal year ending on 31/12/2024 on the shareholders in the amount of EGP 800,100,000 by way of a coupon of 1.143 EGP disbursed to shareholders in two (2) equal installments to be submitted to the ordinary general meeting.

6)   Approved to call for the OGM and delegating the Chairman of the company in determining the place and method of convening the meeting and amending the date of meeting, as the case may be, to consider the following agenda:

1.    Approving the Board of Directors report on Company's activities for the fiscal year ending 31/12/2024, and approving the corporate governance annual report and the Auditor's report thereon;

2.    Approving the auditor's report for the standalone and consolidated financial statements for the fiscal year ending 31/12/2024;

3.    Approving the Company's standalone and consolidated financial statements for the fiscal year ending 31/12/2024;

4.    Approving the Board of Directors proposal for the dividends' distribution, which includes the distribution of part of the dividends for the fiscal year ending on 31/12/2024 by way of cash coupon disbursed to shareholders in two (2) equal instalments and delegating the Chairman in determining the disbursement dates after coordination with MCDR and EGX;

5.    Discharging the members of the Board of Directors from their liabilities for the fiscal year ending 31/12/2024;

6.    Determining allowances and remuneration of Board of Directors for the fiscal year ending 31/12/2025;

7.    Authorizing the Board of Directors to grant donations during the fiscal year ending 31/12/2025, and approve the donations granted during the fiscal year ending 31/12/2024; and

8.    Appointing the Company's auditor for the fiscal year ending 31/12/2025 and determining his remuneration.

7)   The Board of Directors has been updated on the audit committee report.

-Ends

Contacts

Ms. Menna Shams El Din

Chief Investment Officer & Corporate Affairs

T: +202 3851 6464 | M: +20 100 1542428 |  menna.shamseldin@edita.com.eg