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08 JANUARY 2025

EFG Hermes Completes Advisory on the IPO of Nice One – The first unicorn company in the tech space to debut on the main Saudi Exchange

EFG Hermes, an EFG Holding Company and the leading investment bank in the Middle East and North Africa (MENA), announced today that its investment banking division successfully completed its advisory on the unicorn initial public offering (IPO) of Nice One Beauty, the leading beauty and personal care e-commerce platform in Saudi Arabia, representing the first e-commerce platform to be listed on the main Saudi Exchange.

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07 JANUARY 2025

EFG Hermes Completes Advisory on USD 449 Million IPO of Almoosa Healthcare Company on the Saudi Exchange

EFG Hermes, an EFG Holding company and the leading investment bank in the Middle East and North Africa (MENA), announced today that its investment banking division successfully completed its advisory on the USD 449 million initial public offering (IPO) of Almoosa Healthcare Company, a leading healthcare service provider in Saudi Arabia, on the Saudi Exchange.

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02 JANUARY 2025

EFG Hermes Concludes Advisory on Badr University’s EGP 500 Million Future Cash Flow Securitization

EFG Hermes, an EFG Holding company and the leading investment bank in the Middle East and North Africa (MENA) announced today that its investment banking division successfully concluded advisory on a future cash flow securitization issuance worth EGP 500 million for Badr University in Assiut (BUA), one of CIRA’s flagship universities. This issuance marks the first standalone future cash flow securitization for BUA.

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31 DECEMBER 2024

EFG Hermes Concludes Advisory on Premium’s Ninth Securitization Issuance Worth EGP 400 Million

EFG Hermes, an EFG Holding Company and the leading investment bank in the Middle East and North Africa (MENA), announced today that its investment banking division successfully concluded advisory on the EGP 400 million securitized bond issuance for Premium International for Credit Services (Premium). The issuance comes as their ninth since inception and the third in a wider EGP 2 billion program.

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29 DECEMBER 2024

EFG Hermes Concludes Advisory on Bedaya Mortgage Finance’s Fifth Securitization Issuance Worth EGP 1.78 Billio

EFG Hermes, an EFG Holding Company and the leading investment bank in the Middle East and North Africa (MENA), announced today that its investment banking division successfully concluded advisory on the EGP 1.78 billion securitized bond issuance for Bedaya Mortgage Finance, a subsidiary of EFG Finance , and one of the leading non-bank mortgage providers in Egypt. The issuance comes as their fifth since inception and the third in a wider EGP 10.0 billion program.

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26 DECEMBER 2024

Tanmeyah Launches “Stay Savvy” Mobile Branch Initiative for Financial Literacy & Inclusion Across Egypt

Tanmeyah, a subsidiary of EFG Holding and a leading provider of financial services in Egypt with a concerted focus on micro enterprise segments, announced today the launch of its innovative new mobile financial inclusion and customer service hub, “Stay Savvy”, aimed at boosting financial literacy and accessibility for clients and non-clients throughout Egypt. This dynamic service is set to offer essential guidance and resources, underscoring Tanmeyah’s commitment to financial inclusion in both urban and rural communities alike.

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24 DECEMBER 2024

Valu Achieves Total Securitizations of Over EGP 10.8 Billion, Reinforcing Its Status as MENA’s Leading Fintech Powerhouse

Valu, MENA’s leading universal financial technology powerhouse, announced the successful closing of its 13th securitized bond issuance worth EGP 519.2 million. The milestone marks a remarkable journey since Valu’s inception, with a cumulative total of over EGP 10.8 billion raised across all securitizations.

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23 DECEMBER 2024

Bank NXT Participates in the Central Bank of Egypt’s Initiative for the International Day of People with Disabilities from 1-15 December

Bank NXT, a leading provider of integrated retail and corporate solutions in Egypt, announced today its participation in the International Day of People with Disabilities under the supervision of the Central Bank of Egypt (CBE). This initiative, running from 1-15 December, aligns with the nationwide strategy to bolster financial inclusion and the presidential initiative “Bedaya”. Bank NXT’s participation in this initiative aims to expand accessibility to banking services for people with disabilities and promote innovative financial solutions tailored to their needs.

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22 DECEMBER 2024

Valu and GLC Paints Partner to Bolster GLC's Loyalty Program

Valu, the leading universal financial technology powerhouse in the MENA region, has joined forces with GLC Paints, the leading paint manufacturer in Africa and the Middle East, to revolutionize GLC loyalty program experience. The partnership aims to expand the redemption options for GLC's Express members by allowing them to transfer their loyalty points into Valu's Flip e-gift card, providing greater flexibility and convenience for spending. Valu also extends its solutions to some of GLC's distributors, further enhancing the value proposition for the partnership.

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10 DECEMBER 2024

EFG Hermes Completes Advisory on Talabat’s USD 2.0 Billion IPO and LuLu Retail’s USD 1.7 Billion IPO

EFG Hermes, an EFG Holding company and the leading investment bank in the Middle East and North Africa (MENA), announced today that its investment banking division completed its advisory on the initial public offering (IPO) of Talabat Holding plc, the region’s leading online food and grocery delivery platform on the Dubai Financial Market (DFM). EFG Hermes acted as a Joint Bookrunner on the transaction, which involved the divestment of 20% of Delivery Hero's stake, valued at approximately USD 2.0 billion, making it the largest UAE IPO of 2024 and the largest global tech IPO of the year to date. The IPO saw significant interest from international, regional, and local investors, resulting in double-digit oversubscription levels.

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