CPI Property Group Concludes AGM and EGM in Luxembourg

The CPI Property Group convened its Annual and Extraordinary General Meetings in Luxembourg, revealing substantial participation with 89.91% voting rights represented. Key approvals at the AGM included the statutory and consolidated annual accounts, remuneration report, and discharge of board members and auditors for the 2025 fiscal year.

The AGM affirmed the reappointment of board members including Edward Hughes and David Greenbaum until 2028, and extended Ernst & Young's auditor mandate to 2027. A share buy-back program was sanctioned, allowing acquisition of up to a billion shares within specified price limits.

In a notable EGM decision, the company reduced its capital by cancelling 192 million treasury shares, adjusting share capital to EUR 82.45 million. It also introduced authorized share capital of EUR 388.57 million and increased beneficiary unit issuance capacity to EUR 3.5 billion.