CPI PROPERTY GROUP - Annual and Extraordinary General Meetings of
Shareholders

EQS-News: CPI PROPERTY GROUP / Key word(s): AGM/EGM
CPI PROPERTY GROUP - Annual and Extraordinary General Meetings of
Shareholders

30.05.2024 / 18:02 CET/CEST
The issuer is solely responsible for the content of this announcement.

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CPI Property Group
(société anonyme)
40, rue de la Vallée
L-2661 Luxembourg
R.C.S. Luxembourg: B 102 254

Press Release - Corporate News Luxembourg, 30 May 2024

CPI PROPERTY GROUP - Annual and Extraordinary General Meetings of
Shareholders

The annual general meeting (the 'AGM') and the extraordinary general meeting
(the 'EGM') of the shareholders of CPI PROPERTY GROUP (the 'Company') were
held today in Luxembourg. At both meetings, approximately 89.99 % of the
voting rights were present or presented.

AGM

The AGM approved the statutory and consolidated annual accounts, as well as
the allocation of financial results for the financial year ending 31
December 2023. The AGM approved (i) the Company's revised remuneration
policy and (ii) the Company's remuneration report for the financial year
ending on 31 December 2023. The AGM also granted discharge to all members of
the Company's board of directors and to the approved auditor of the Company
for the performance of their duties during the financial year ending 31
December 2023.

The AGM further resolved to re-appoint with immediate effect the following
persons as members of the Company's board of directors until the annual
general meeting of the shareholders of the Company to be held in 2025:
Edward Hughes, Jonathan Lewis, Philippe Magistretti, David Greenbaum, Tomas
Salajka, Omar Sattar, Oliver Schlink, and Tim Scoble. David Greenbaum and
Tomas Salajka were appointed with immediate effect as the managing directors
(délégué à la gestion journalière) of the Company until the annual general
meeting of the shareholders of the Company to be held in 2025. The AGM also
re-appointed with immediate effect Ernst & Young as the approved auditor of
the Company until the annual general meeting of the shareholders of the
Company to be held in 2025.

EGM

The EGM resolved to decrease the corporate capital of the Company by the
amount of EUR 8,532,746.80 by means of cancellation of 85,327,468 shares
held in treasury by the Company. The EGM also approved the modifications of
the Company's articles of association reflecting the above capital decrease
approved during the EGM.

The share capital of the Company now amounts to EUR 861,952,279.10
represented by 8,619,522,791 ordinary shares with par value of EUR 0.10.
Accordingly, the total number of voting rights amounts to 8,619,522,791 as
at 30 May 2024.

The EGM further resolved to introduce a new authorized share capital for the
Company and to set it to EUR 3,885,714,285.70 for a period of 5 years and to
grant to the board of directors of the Company all powers for a period of 5
years in order to carry out capital increases within the framework of this
authorized share capital under the conditions and methods it will set with
the possibility to cancel or limit any preferential subscription right of
the shareholders on the issue of new shares to be issued within the
framework of this authorized share capital. The EGM also approved the
modifications of the Company's articles of association reflecting the new
authorized share capital approved during the EGM.

For further information, please contact:

Investor Relations
Moritz Mayer
Manager, Capital Markets
m.mayer@cpipg.com

For more on CPI Property Group, visit our website: www.cpipg.com Follow us
on X (Twitter) (CPIPG_SA) and LinkedIn


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30.05.2024 CET/CEST Dissemination of a Corporate News, transmitted by EQS
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The issuer is solely responsible for the content of this announcement.

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   Language:       English
   Company:        CPI PROPERTY GROUP
                   40, rue de la Vallée
                   L-2661 Luxembourg
                   Luxemburg
   Phone:          +352 264 767 1
   Fax:            +352 264 767 67
   E-mail:         contact@cpipg.com
   Internet:       www.cpipg.com
   ISIN:           LU0251710041
   WKN:            A0JL4D
   Listed:         Regulated Market in Frankfurt (General Standard);
                   Regulated Unofficial Market in Dusseldorf, Stuttgart
   EQS News ID:    1914831

End of News EQS News Service
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1914831 30.05.2024 CET/CEST