Contract
Madrid, a 29 xx xxxxx de 2023
EMPERADOR PROPERTIES SOCIMI, S.A. (la “Sociedad”), con N.I.F. A-88501051 y domicilio en Xxxxx xx xx Xxxxxxxxxx xxxxxx 000X, xxxxxx 00 Xxxxx, Xxxxxx, en virtud de lo previsto en el artículo 17 del Reglamento (UE) nº 596/2014 sobre abuso xx xxxxxxx y en el artículo 227 de la Ley 6/2023, de 17 xx xxxxx, de los Mercados de Valores y de los Servicios de Inversión, y disposiciones concordantes, así como en la Circular 3/2020 de BME MFT Equity sobre información a suministrar por empresas incorporadas a negociación en el segmento BME Growth de BME MTF Equity, (en adelante “BME Growth”) pone en su conocimiento la siguiente:
Con fecha 26 xx xxxxx de 2023, a las 11h10 se celebró en Madrid en el Xxxxx xx xx Xxxxxxxxxx 000 X, xxxxxx 00, Xxxxxx, Xxxxxx, la Junta General de Accionistas de la Sociedad en primera convocatoria, con la concurrencia personal o por representación de accionistas titulares de 102.016.488 acciones, representativas del 99,99% del capital social (incluida la autocartera).
En dicha sesión se sometieron a deliberación de los asistentes todos los puntos del orden del día de la convocatoria publicada, entre otros, mediante “otra información relevante” de fecha 25 xx xxxx de 2023, y se adoptaron por un 99,99% de los asistentes con derecho a voto (excluida la autocartera), con un voto de abstención en todos los puntos representativos del 0,00% del capital, los siguientes acuerdos:
1. Examen y aprobación de las cuentas anuales individuales correspondientes al ejercicio social cerrado a 31 de diciembre de 2022. Análisis del informe de auditoría y del informe de gestión.
2. Examen y aprobación de las cuentas anuales consolidadas correspondientes al ejercicio social cerrado a 31 de diciembre de 2022. Análisis del informe de auditoría y del informe de gestión consolidado.
3. Examen y aprobación de la gestión desarrollada por el Consejo de Administración durante el ejercicio social cerrado a 31 de diciembre de 2022.
4. Examen y aprobación de la propuesta de aplicación del resultado correspondiente al ejercicio social cerrado a 31 de diciembre de 2022. Se acuerda aplicar las pérdidas del ejercicio de 591.077 € a pérdidas de ejercicios anteriores.
5. Delegación de facultades.
6. Redacción, lectura y aprobación del acta.
Adicionalmente se anexa la presentación utilizada en la Junta General de accionistas.
La documentación anterior también se encuentra disponible en la página web de la Sociedad.
De conformidad con lo dispuesto en la Circular 3/2020 se hace constar que la información comunicada por la presente ha sido elaborada bajo la exclusiva responsabilidad de la Sociedad y sus administradores.
Quedamos a su entera disposición para cualquier aclaración que precisen.
Atentamente,
X. Xxxxx Xxxxxx Xxxxxxxxx
Secretario del Consejo de Administración EMPERADOR PROPERTIES SOCIMI, S.A.
General Shareholders
Meeting
Emperador Properties SOCIMI , S.A.
26 & 27 June 2023
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a. Formalities - Introduction
b. Overview of 2022 – Financial statements
c. Comments and queries
d. Resolutions
a. Formalities - Introduction
b. Overview of 2022 - Financial statements
c. Comments and queries
d. Resolutions
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Formalities Introduction
• Attendance of the shareholders and verification of representation.
• Quorum verification.
• Constitution of the General Shareholders Meeting, with Chairman and Secretary to the broad acting as Chairman and Secretary of meeting.
• Introduction of the Chairman.
• Context: General Ordinary Shareholder’s Meeting.
• Attendance of the registered advisor of the company.
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a. Formalities - Introduction
b. Overview of 2022 - Financial statements
c. Comments and queries
d. Resolutions
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Overview of 2022 – IPO process
• The real estate company Emperador Properties debuts with a capitalization of 428 M€ on the Madrid Stock Exchange with the incorporation of BME Growth. Emperador Properties debuted with a portfolio based on two iconic properties, Torre Xxxxxxxxx Xxxxxxxxxx which is part of the Cuatro Xxxxxx Business Area in Madrid, and the second building is Torre Diagonal One located in Barcelona, in the 22@ district. These two properties have a value of 774 M€ .
• The company debuted with a value of 428 M€ at a price of 4.20 euros per share, although little trading is expected, as the Tan family controls 99.04% of Emperador Properties through the company Megaworld Land Singapore. 20 minority shareholders hold 0.93% and 0.3% corresponds to treasury stock. In fact, no transactions took place in the opening session.
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Overview of 2022 - Refinancing Tecsa
• The 257 M€ refinancing of Torre Xxxxxxxxx Xxxxxxxxxx signed with CaixaBank in march 2022, is a project aligned with Emperador Properties' global ESG (Environmental, Social and Governance) strategy, which the company applies to each of its assets.
• This contract has a maturity of 7 years and an associated interest rate hedge. It is also linked to compliance with the social and environmental impact requirements defined by the "Xxxxx Loan Principles" issued by the Loan Market Association.
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Overview of 2022 - Individual balance statements
(k€) Assets 2022 202
(k€) Net Equity and Liabilities 2022 2021
Non-Cu | rrent Assets | 370,6 | Net Equity | 375,493 | 72,209 | |
Investm | ent in Group and associated companies | Own funds | 375,493 | 72,209 | ||
Curren | Assets | Capital | 102,056 | 71,103 | ||
Clients, Other cr Cash an | group and associated edits w ith Pu d oth | Share premium Loss from previous financial years | 274,184 (31) | 1,137 (2) | ||
Tot | Ow n shares | (125) | - | |||
Profit/(loss) for the financial year | (591) | (29) |
t
2021 2021
Current Liabilities 725 16
Net turnover | 935 | - | Debt w ith group and associated companies | 125 | - |
Other operating expenses | (1,53) | (29) | |||
Operating profit(loss) | (591) | (29) | Trade creditors and other accounts payable | 600 | 16 |
Financial profit(loss) | - | - | Suppliers | 599 | 15 |
Results before taxes | (591) | (29) | Suppliers, group and associated companies | 1 | 1 |
Tax on profit | - | - |
Profit/(loss) for the financial year | (591) | (29) |
Total Equity and Liabilities 376,218 72,225
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Overview of 2022 -Consolidated balance statements
(k€) Net Equity & Liabilities 2022 2021
(k€) | Assets | 2022 | 2021 |
Real Estate Investments | 649,99 | 147,28 | |
Lands | 304,01 | 45,31 | |
Buildings | 344,55 | 101,23 | |
Other installations | 1,42 | 742,00 | |
Long-term Investment in Group & Associated Companies | 37,46 | 5,24 | |
Loans to group companies | 37,46 | 5,24 | |
Long term financial investments | 34,51 | 960,00 | |
Derivative financial instruments | 30,33 | - | |
Other long term financial assets | 4,18 | 960,00 | |
Total non-current assets | 721,96 | 153,49 | |
Trade debtors and other accounts xxxxxxxx le | 1,13 | 149,00 | |
Trade receivables for sales and services | 569,00 | 92,00 | |
Current tax assets | 248,00 | - | |
Other credits w ith Public Administrations | 309,00 | 57,00 | |
Short-term Investment in Group & Associated Companies | 2,93 | - | |
Loans to group companies | 2,93 | - | |
Cash and cash equivalents | 13,22 | 2,05 | |
Total current assets | 17,27 | 2,20 | |
Total assets | 739,23 | 155,68 | |
Capital | 102,06 | 71,10 | |
Share capital | 102,06 | 71,10 | |
Share premium | 274,18 | 1,14 | |
Reserves in consolidated companies | 664,00 | 506,00 | |
Profit(loss) from previous financial years | (31,00) | (2,00) | |
Own shares | (125,00) | - | |
Profit/(loss) for the financial year | (719,00) | 129,00 | |
Valuation adjustments | 29,26 | (631,00) | |
Total net equity | 405,29 | 72,24 | |
Long-term debt | 324,27 | 78,14 | |
Long-term debt w ith credit institutions | 319,12 | 76,71 | |
Liabilities from financial derivatives | - | 340,00 | |
Other long-term financial liabilities. | 5,14 | 1,09 | |
Deferred tax liabilities | - | 290,00 | |
Total non-current liabilities | 324,27 | 78,43 | |
Short-term debt | 5,18 | 4,25 | |
Short-term debt w ith credit institutions | 5,18 | 4,25 | |
Short-term debt with group & associated companies | 125,00 | - | |
Trade creditors and other accounts payab le | 4,37 | 755,00 | |
Suppliers | 3,84 | 711,00 | |
Other debt w ith Public Administrations. | 197,00 | 44,00 | |
Other creditors | 326,00 | - | |
Total Current Liabilities | 9,68 | 5,01 | |
Total equity and liabilities | 739,23 | 155,68 | |
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Overview of 2022 - Consolidated balance statements
(k€) Consolidated P&L 2022 2021
Net turnover | 22,30 | 2,61 | |
Income from leases | 22,30 | 2,61 | |
Amortization expense | (4,47) | (537,00) | |
Other operating expenses | (10,56) | (1,08) | |
External services | (6,82) | (890,00) | |
Taxes | (3,74) | (194,00) | |
Impairment of real estate investments | (3,76) | - | |
Operational profits/losses | 3,51 | 988,00 | |
Financial income | 477,00 | 14,00 | |
From marketable securities and other financial instruments | 477,00 | 14,00 | |
Financial expenses | (5,77) | (628,00) | |
Due to debt w ith third parties | (5,77) | (628,00) | |
Changes in fair value of financial instruments | 1,01 | - | |
Financial profit(loss) | (4,29) | (614,00) | |
Pre-tax profit(loss) | (780,00) | 374,00 | |
Tax on profit | 61,00 | (245,00) | |
Profit(loss) for the financial year | (719,00) | 129,00 | |
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a. Formalities - Introduction
b. Overview of 2022 - Financial statements
c. Comments and queries
d. Resolutions
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a. Formalities - Introduction
b. Overview of 2022 - Financial statements
c. Comments and queries
d. Resolutions
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Resolutions - First
Resolution Proposal
Examination and approval of the individual annual accounts for the financial year ended 31
December 2022. Analysis of the audit report and the management report.
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2
Resolutions - Second
Resolution Proposal
Examination and approval of the consolidated annual accounts for the financial year ended 31
December 2022. Analysis of the audit report and the consolidated management report.
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Resolutions -Third
Resolution Proposal
Examination and approval of the management carried out by the Board of Directors during the
financial year ended 31 December 2022.
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Resolutions - Fourth
Resolution Proposal
Examination and approval of the proposed allocation of the profit for the year ended 31
December 2022.
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Resolutions - Fifth
Resolution Proposal
Delegation of powers.
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Resolutions - Fifth
Resolution Proposal
Drafting, reading and approval of the minutes
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Thank You
Emperador Properties SOCIMI , S.A.
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