Press Release dated 23th February 2026

Summary by AI ^BETAClose X

Commercial International Bank (Egypt) SAE has received clearance from the Central Bank of Egypt to commence due diligence on HSBC's retail banking portfolio. While this represents a significant step, the bank cautions that there is no guarantee a transaction will materialize, and it will update the market on any material developments.

Disclaimer*

Commercial Intnl Bank (Egypt) SAE

24 February 2026

RELEASE

Cairo - February 23^rd, 2026

CIB would like to announce that it received clearance from the Central Bank of Egypt (CBE) to start the due diligence process on HSBC's retail banking portfolio. It is worthy to highlight that there can be no assurance that this will result in any specific transaction, and it is possible that no transaction will occur. Accordingly, CIB will inform the market of any new material event that result from this process.

END OF RELEASE

Yasmine Hemeda

Head of Investor Relations

http://www.rns-pdf.londonstockexchange.com/rns/0458U_1-2026-2-23.pdf

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END