A Major Milestone in Strengthening Corporate Governance and Future Growth

FenanPay Solutions S.C. is pleased to announce that it has received official approval from the relevant regulatory authorities to convene its First General Assembly, marking an important milestone in the company’s corporate governance journey and long-term strategic development.

The approval follows the successful review and verification of the company’s submitted documentation, including shareholder records, governance structures, financial commitments, and organizational compliance requirements. This authorization demonstrates FenanPay’s continued commitment to operating in accordance with Ethiopia’s regulatory framework while maintaining the highest standards of transparency, accountability, and corporate governance.

First General Assembly Scheduled

The First General Assembly is scheduled to take place on November 11, 2025, bringing together shareholders and key stakeholders to discuss critical matters concerning the company’s future direction, governance, and growth strategy.

The assembly will provide an important platform for:

• Reviewing the company’s current performance and achievements.
• Discussing strategic priorities and expansion plans.
• Strengthening shareholder engagement and participation.
• Approving key governance and organizational matters.
• Reinforcing FenanPay’s commitment to sustainable growth and innovation within Ethiopia’s fintech ecosystem.

Commitment to Strong Governance

As one of Ethiopia’s emerging fintech companies, FenanPay recognizes the importance of strong corporate governance in building a resilient and trusted financial technology platform. The General Assembly represents a key mechanism through which shareholders participate in major corporate decisions and contribute to the company’s strategic direction.

The approval to proceed with the assembly reflects confidence in FenanPay’s operational readiness and governance framework, further positioning the company for future growth opportunities within the rapidly evolving digital payments landscape.

Looking Ahead

FenanPay remains dedicated to delivering innovative payment solutions that support financial inclusion, digital transformation, and economic development across Ethiopia. As the company continues to expand its services and partnerships, strong governance and shareholder participation will remain fundamental pillars of its success.

We extend our appreciation to our shareholders, partners, regulators, and customers for their continued trust and support. We look forward to a productive and successful First General Assembly and to the exciting opportunities that lie ahead.

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About FenanPay Solutions S.C.

FenanPay Solutions S.C. is an Ethiopian fintech company focused on providing secure, innovative, and reliable digital payment solutions that empower businesses and consumers while contributing to the country’s digital economy transformation.