Extraordinary General Meeting and changes to the Supervisory Board
The Management Board of S IMMO AG has received a request from CPI Property Group S.A. ("CPI") pursuant to section 105, para. 3 of the Austrian Stock Corporation Act (AktG) to convene an Extraordinary General Meeting of S IMMO AG with the agenda item "Changes to the Supervisory Board".
In view of the controlling interest of approximately 44.41% of the total outstanding voting rights attained by CPI and the consequent mandatory offer to the shareholders of the Company published on 15 July 2022, the Supervisory Board members Ewald Aschauer, Christian Böhm, Hanna Bomba, John Nacos and Manfred Rapf have announced their resignation as Supervisory Board members of S IMMO as of the end of the Extraordinary General Meeting.
On this basis, CPI proposes the dismissal of Florian Beckermann, the reduction of the number of members of the Supervisory Board elected by the General Meeting from eight to four members, and the election of Mr. Martin Němeček and of Mr. John Verpeleti to the Supervisory Board of the Company.
The Management Board will convene the requested General Meeting in the next few days.