The extraordinary (postponed) general assembly of the  Industrial & Financial Investments Company, held on Wednesday, December 11, 2024, approved amendments to some clauses of its incorporation contract and bylaws in accordance with the provisions and rules of Companies Law No. 1 of 2016 and its executive regulations and amendments as follows: 
The amendment of Clause No. (14) of its bylaws to read as follows: 

• The company shall be managed by a Board of Directors consisting of five members elected by the ordinary general assembly of shareholders through secret voting. Each shareholder, whether a natural or legal person, may appoint representatives to the Board of Directors in proportion to the number of shares they own in the company, and the number of elected Board Members shall be deducted accordingly. 

• Shareholders with representatives on the Board may not participate with other shareholders in electing the remaining Board Members, except to the extent that exceeds the proportion used to appoint their representatives on the Board.

•   Each shareholder shall be responsible for the actions of their representatives towards the company, its creditors, and its shareholders. 

• The ordinary assembly, upon the request of regulatory bodies, may select a member from among independent members with expertise and competency, provided that the number of such members does not exceed half of the total membership of the Board.