DGAP-Adhoc

Orascom Development Holding AG: 6th Annual General Meeting of Orascom Development

Orascom Development Holding AG / Key word(s): Miscellaneous/Miscellaneous

23.04.2014 13:06

Release of an ad hoc announcement pursuant to Art. 53 KR
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Press Release

Orascom Development Holding AG: 6th Annual General Meeting of Orascom
Development

Altdorf/Cairo, 23 April 2014 - Orascom Development Holding AG (Orascom
Development) will hold its 6th Annual General Meeting on Monday, 12 May
2014, at 3:00 p.m. CEST (doors open at 2:00 p.m. CEST) at Theater Uri,
Schützengasse 11, 6460 Altdorf, Switzerland. The attached document includes
the invitation along with the agenda of the Annual General Meeting.

Jean-Gabriel Peres whose term ends at the 2014 Annual General Meeting
decided not to stand for re-election. At the upcoming Annual General
Meeting the Board of Directors proposes the re-election of all other board
members. Further, the Board of Directors proposes that Mr. Jürgen Fischer
and Mr. Jürg Weber be elected as new members of the Board of Directors for
a one-year term of office until the Annual General Meeting in 2015.

Curriculum Vitae - Jürgen Fischer

Mr. Jürgen Fischer, is founder of "The Pearl Management Consultants" in
Dubai, United Arab Emirates. Previously he was CEO of Dubai Properties LLC,
a major real estate developer in the UAE. Besides looking after 20'000
residential leasing units, 50'000sqm of retail space, thousands of "Built
to Sell" apartments and villas and several master developments in Dubai, he
was as well involved in international developments of Sama Dubai in Morocco
and Oman. During his time with Dubai Properties he oversaw several theme
park and tourist projects. Between 1995 and 2008 Jürgen Fischer held
several senior positions with Hilton International, such as President
Commercial Operations and President for Continental Europe, Middle East and
Africa, as well as President Scandic Hotels AB. Prior to joining Hilton, he
worked for the Walt Disney Company in different roles in Florida and Paris
including Vice President Sales & Marketing for Disneyland Paris, Director
of Resort Development at Disneyland Paris and General Manager of the luxury
Grand Floridian Beach Resort at Walt Disney World, Florida. Fischer held
several hotel management positions in Europe and Middle East after starting
his professional life as a Chef in 1970. He later graduated from the Ecole
Hôtelière Lausanne, Switzerland and obtained an MBA with Honors from
IMEDE/IMD, Lausanne in 1988. He is born in Switzerland, married and has 3