EFG Hermes Board of Directors accepted the resignation of RA MENA Holding LTD and RA Holdings I LTD represented by Mr. Timothy Collins and Ms. Elizabeth Crichley, respectively, as members of the Board of EFG Hermes Holding and the committees on which they served. It is worth highlighting that RA MENA Holding LTD and RA Holdings I LTD reduced their ownership in EFG Hermes shares from 11.68% to 3.8%. The change in the Board constitution resulting from the above resignation is subject to ratification by the forthcoming Ordinary General Meeting of the Company.