Mr. Marwan Elaraby is a Non-Executive, Independent Member of EFG Hermes Holding’s Board of Directors. He is based in Dubai, where he serves as partner in the Capital Markets, Private Equity, and Mergers and Acquisitions practices at Gibson, Dunn & Crutcher LLP. His practice focuses on advising governments and private capital clients on a variety of corporate and capital market transactions across several industries. Mr. Elaraby was previously a partner at Shearman & Sterling LLP and a Managing Director at Citadel Capital (now Qalaa Holdings), one of the leading private equity firms in the Middle East and Africa. Mr. ElAraby also served as Executive Director in EFG Hermes’ investment banking group, where he worked as an investment banker advising clients on numerous capital markets and M&A transactions in the Middle East.

Mr. Elaraby is a New York-qualified lawyer. He holds a BA in economics from The American University in Cairo and a Juris Doctor (J.D.) degree from Columbia University School of Law.

Mr. Jean Cheval is a Non-Executive Member of EFG Hermes Holding’s Board of Directors. He joined Natixis in June 2009, leading the Debt and Finance department (Structured Finance) until 2012 and the European Area between 2011 and 2012. Mr. Cheval became Head of Finance and Risk, member of Natixis Senior Management Committee, and Second Senior Manager of Natixis in September 2012, holding said positions until October 2017. Since then and until March 2022, he became Senior Advisor to Natixis' CEO. He currently chairs the Risk Management Committee of the Board of Alpha Bank, Greece, and the Natixis Foundation for research and innovation. He is also a member of the Board of Natixis Algeria

Mr. Cheval spent most of his career at Credit Agricole lndosuez (1983–2001), where he was successively Chief Economist, Head of Strategic Planning and Budget, Head of Structured Financing, and Head of the Middle East and Asia, prior to being appointed General Manager. Mr. Cheval also served as Director of Al Bank Al Saudi Al Fransi in KSA, WAFA Bank in Morocco, and Banque Libano-Française in Lebanon

Mr. Cheval was also Head of Banque Audi France, Chairman of Banque Audi Switzerland (2001–2005), and member of the Board of Audi-Saradar Bank (2002–2006). Mr. Cheval previously worked for the French Ministry of Industry and the French Planning Agency

He graduated from the École Centrale de Paris’ Engineering School and the University of Berkeley

Mr. Zubyr Soomro is a Non-Executive, Independent Member of EFG Hermes Holding’s Board of Directors.

Mr. Soomro has been an international banker for 33 years, with experience at Citibank and in senior-level assignments in the Middle East, Turkey, UK, and Pakistan. In 1997, he was appointed as Chairman and President of United Bank and tasked with restructuring it for privatization, after which he re-joined Citibank’s Pakistan franchise as its Managing Director. He was awarded the Quaid-e-Azam Centenary Gold Medal by the State Bank of Pakistan in 2004 for leading reforms in the banking sector in his role as Chairman of the Pakistan Banks Association and his successful restructuring of United Bank. In recognition of this, he was invited to speak by the World Bank in Washington D.C., the IMF in Egypt, and the IFC in Bangladesh on the restructuring of public sector banks. In 2019, he was asked by the government of Pakistan to help restructure the remaining large public sector bank, the National Bank of Pakistan (NBP), as an Independent, Non-Executive Director and Chairman, a position he held until April 2022. In addition, he was appointed as a Non-Executive Director and Chairman of NBP's joint venture bank in the UK, United National Bank Ltd, until October 2022.

Over the last 20 years, Mr. Soomro has also been actively involved in financial inclusion and poverty alleviation, and he was the Chairman of the Pakistan Microfinance Investment Company, the apex entity for the sector and majority owned by UK and German government-related entities. He served on the boards of Pakistan Poverty Alleviation Fund, LUMS, the National Education Management Foundation, LRBT, Aitchison College, Acumen Pakistan, Grameen Foundation in the USA, and the Indus Valley School of Art and Architecture.

He served on the government’s Economic Advisory Council twice (1997–1999 and 2013–2018), and he has been a member of the board of the State Bank of Pakistan, the policy board of the Security and Exchange Commission of Pakistan, and the board of the National Investment Trust. He also served as the Chairman of the Board of the Karachi Stock Exchange, President of the Overseas Chamber of Commerce and Industry, and President of the American Business Council.

Mr. Soomro has a BSc Hons from the London School of Economics (LSE) and an MA from the School of Oriental and African Studies, London University. He also attended executive programs at the Harvard Business School and the Harvard Kennedy School. He received extensive formal training in key areas of commercial, investment, and private banking within Pakistan and globally while working at Citibank.

Mr. AbdullaKhalil Al Mutawa is a Non-Executive, Independent Member of EFG Hermes Holding’s Board of Directors. He is a competent and dedicated investment professional with more than 39 years of experience and a comprehensive background in finance and administration. He is currently the General Manager of the Private Office of H.E. Sheikh Suroor Bin Mohammad Al Nahyan.

Mr. Al Mutawa has also served on the Board of Directors of Bank Alfalah Limited, Pakistan, since 1997, with membership posts on the bank’s Board Audit Committee (BAC), Remuneration and Nomination Committee (BHR&NC), Board Risk Management Committee (BRMC), Board Compensation Committee (BCC), and Board Information Technology Committee (BITC), in addition to serving as Chairman of the Board Strategy and Finance Committee (BS&FC).

Mr. Al Mutawa is also Chairman of Makhazen Investment PJSC (Private Joint-Stock Company), Abu Dhabi, and Chairman of the Makhazen Executive Committee.

Mr. Al Mutawa holds a BSc in business administration from the University of North Carolina, USA.

Mr. Khalid Mana Saeed Al Otaiba is a Non-Executive, Independent Member of EFG Hermes Holding’s Board of Directors. Mr. Al Otaiba has been Office Manager for His Excellency Dr. Mana Saeed Al Otaiba, Personal Advisor to H. H. President of the UAE Sheikh Mohammed bin Zayed Al Nahyan, since 2000. Mr. Al Otaiba also holds the post of Deputy Chairman of Al Otaiba Group of Companies. He leverages his over 22-year career, spanning numerous industries, to serve as Director of Alfalah Insurance Company Limited, Pakistan; Chairman of Liwa International Investment Tourism and Royal Mirage Hotel & Resort Ltd, Morocco; and Chairman of Ghantout International and Bank Alfalah, as well as Director of Royal Mirage Masdar, Abu Dhabi.

Mr. Al Otaiba holds a BA in international economics from Suffolk University, Boston, Massachusetts.

Mr. Ramsay Zaki is a Non-Executive, Independent Member of EFG Hermes Holding’s Board of Directors. In 2014, Mr. Zaki founded Wafra Export, a fruit export company that owns a state-of-the-art packing house and grows its produce on a 360-acre plot. Mr. Zaki was part of the EFG Hermes Holding team for 18 years, starting as Head of Operations Brokerage in 1995 and ending his tenure as Chief Operating Officer (COO).

As COO, Mr. Zaki was responsible for managing operational matters, including compliance-related functions. Mr. Zaki’s contribution to EFG Hermes Holding includes rapidly growing the Firm’s backbone in all countries and lines of business, while maintaining the highest degree of corporate governance and ethics, as well as weathering major economic and political events in the region. He was also member of the Firm’s Board of Directors until 2013.

Prior to joining EFG Hermes Holding, Mr. Zaki worked for five years at Commercial International Bank (CIB), where he headed the team responsible for extending credit to the Egyptian pharmaceutical industry. During his time at CIB, Mr. Zaki successfully more than doubled loans to the sector and captured a 70% market share of all private sector pharmaceutical companies operating in Egypt. Mr. Zaki was also heavily involved in the merger negotiations between the two biggest private sector pharmaceutical companies in the country.

Mr. Zaki holds a BCom from Cairo University.

Mr. Timothy Collins is a Non-Executive member of EFG Hermes Holding’s Board of Directors. Mr. Collins is the CEO and Senior Managing Director of Ripplewood Advisors, the successor to Ripplewood Holdings, which he founded in 1995. Ripplewood has successfully invested in and built companies globally, including in Asia, Europe, and the Middle East. It has consistently delivered superior returns from investments, totaling more than USD 40 billion in enterprise value.

Ripplewood has played an instrumental role in transforming and strengthening prominent financial institutions, including AS Citadele Banka of Latvia, Commercial International Bank of Egypt, and Shinsei Bank of Japan, and it has invested in a broad range of industries, including automotive, chemicals, consumer electronics, food, real estate, and telecommunications. Ripplewood’s investment in Internet provider Gogo began the revolution in in-flight connectivity that is now becoming pervasive.

Many Ripplewood investments remain public companies. Before founding Ripplewood, Mr. Collins worked for Onex, Lazard Frères, Booz Allen Hamilton, and Cummins. He formerly served on several public-company boards, including Advance Auto Parts, Asbury Automotive, Citigroup (after it accepted public funds), Commercial International Bank, Gogo, Rental Services Corporation, and Shinsei Bank. He also served as an independent Director at Weather Holdings, a large private emergingmarkets telecom operator that was sold to VimpelCom.

Mr. Collins is the Chairman of AS Citadele banka. He is involved in several not-for-profit and public sector activities, including the Trilateral Commission and the Council on Foreign Relations, NEOM, McKinsey, and Yale Divinity School Advisory Boards. He was formerly the Chairman of the Advisory Board for the Yale School of Management, and he is currently the Co-Chair of the Advisory Council of the NYU Global Institute for Advanced Study and a member of the Investment Advisory Committee to the New York State Common Retirement Fund.

Mr. Collins has a BA in philosophy from DePauw University and an MBA in public and private management from Yale University’s School of Management. Mr. Collins received an honorary Doctorate of Humane Letters from DePauw University in 2004, and he has been an Adjunct Professor and Visiting Fellow at New York University. He served as a Visiting Lecturer at the Yale Law School and is Senior Fellow and Director of the Henry P. Becton Fellowship Program at the Yale School of Management.

Ms. Elizabeth Critchley is a Non-Executive member of EFG Hermes Holding’s Board of Directors. Ms. Critchley is the Managing Partner of Ripplewood Advisors I LLP, the investment advisor to Ripplewood. Ms. Critchley has been leading Ripplewood’s investment efforts, including, most recently, into Eastern Europe and the Middle East.

Ms. Critchley represents Ripplewood and/or its affiliates on the boards of Citadele, Latvia, and EFG Hermes Holding.

Before joining Ripplewood, Ms. Critchley was a Founding Partner of Resolution Operations, which raised GBP 660 million via a listed vehicle at the end of 2008, and went on to make three acquisitions in financial services (Friends Provident plc for USD 2.7 billion, most of Axa’s UK life businesses for USD 4 billion, and Bupa for USD 0.3 billion).

Until forming Resolution Operations, Ms. Critchley was a Managing Director at Goldman Sachs International, where she ran the European FIG Financing business.

Ms. Critchley has structured, advised, or invested in transactions with more than 50 global financials and corporates.

Mrs. Critchley has a First-Class Honors Degree in Mathematics from University College London.