Edita Food Industries - Summary of Resolutions of the Board of Directors Meeting of the company convened on Monday dated 11 August 2025
Giza, 11 August 2025
Edita Food Industries S.A.E. ("the Company") announces that the Board of Directors Meeting of the Company convened on Monday dated 11 August 2025 and unanimously resolved the following resolutions:
| 1. The Board of Directors unanimously approved the Board of Directors' report for the Company's activities for the financial period ended on 30/06/2025. |
| 2. The Board of Directors unanimously approved the auditor's report related to the standalone and consolidated financial statements for the financial period ended on 30/06/2025. 3. The Board of Directors unanimously approved the Company's Standalone and Consolidated Financial Statements for the fiscal year ended on June 30, 2025. |
| 4. The Board of Directors were informed with the completion of the establishment of a holding company in the United Arab Emirates under the name Edita Investments Holding LTD, and that such company has invested an amount of 960,700,000 Iraqi Dinars in Ahramat Al-Nile for General Trading and Food Industries Limited (previously named Tuma Jebur Abbas), in Iraq in the form of a capital increase. The procedures for documenting this increase before the relevant administrative authorities in Iraq are currently in the process. Furthermore, the company's Board of Directors was informed on the plans to commence operations in Iraq by the end of 2025. This follows the signing of a partnership agreement with TJA in January 2025.
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| 5. The Board of Directors unanimously approved Audit Committee Report. |
| 6. The Board of Directors unanimously approved the Risk Committee Report. |
| 7. The Board of Directors unanimously approved bank authority powers and spending limits of the company. 8. The Board of Directors unanimously approved the delegation of the authorized person to sign experience certificates issued by the company. |
-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
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