Cairo Mezz Plc (the Company) announces the following:
At the Annual General Meeting (AGM) held on June 4, 2026, at 2:00 p.m., remotely, in real time via teleconference, shareholders representing 208,111,486 shares of the Company participated, specifically, for items 1–4 of the agenda, as specifically set forth in the invitation dated May 13, 2026, the shareholders present represent 67.33% of the issued share capital with voting rights for the aforementioned items on the agenda.
During the General Meeting, the Board of Directors was joined by KPMG, as the independent auditor, Deloitte, as the independent appraiser of the Cairo 1, 2, and 3 securitization bonds held by the Company, as well as the Company’s legal counsel.
During the EGM, questions were raised by shareholders and clarifications were provided regarding the valuation of the bonds.
Regarding the exercise of the redemption right, on which the Company provided clarifications in its announcement dated May 15, 2026, the independent appraiser clarified that, in the scenario of exercising the redemption right, in addition to the exercise price, “additional value from the release of specific reserves, which are expected to be distributed proportionally (provided and to the extent that such release takes place) in favor of the holders of Interim Security Bonds.”
The Company notes that these reserves, in relation to the Cairo 3 securitization, amounted to €50 million as of December 31, 2025, of which €37.5 million is attributable to the Company.
However, the Company cannot provide any assurance regarding the timing of the release of these reserves, nor whether these amounts will ultimately be distributed to the intermediate security bondholders or used for the purposes for which the reserves were established.
Regarding the items on the agenda, the General Meeting:
1. Approved the audited final financial results for the year ended December 31, 2025, as well as the related Management and Audit Reports.
2. Approved the remuneration of the members of the Board of Directors for the year 2026.
3. Approved the reappointment of the Company’s auditors, KPMG Limited.
4. Authorized the Company’s Board of Directors to determine the auditors’ remuneration.