Swvl Holdings Corp. announced that, on March 29, 2023, Mr. Youssef Salem notified the Company of his resignation from his position as the Company's Chief Financial Officer effective March 31, 2023. On March 31, 2023, the Company's board of directors appointed Mr. Abdullah Mansour to serve as interim Chief Financial Officer of the Company effective March 31, 2023.

Mr. Mansour joined Swvl in December 2021 and is currently the chief financial officer of Swvl's Middle East business. Prior to joining Swvl, Mr. Mansour served as senior associate with PricewaterhouseCoopers in the assurance team from September 2017 to December 2021 and the digital transformation team from March 2020 to December 2021, and before that as associate from October 2014 to September 2017, and as trainee with Ernst & Young from August to October 2014. Mr. Mansour is a Certified Public Accountant and holds an ACCA Diploma in International Financial Reporting and a bachelor's degree in accounting from Ain Shams University in Egypt.

Mr. Salem has agreed to continue to assist the Company as an external advisor for a transitional period.