Inmobiliaria del Sur (ISUR) AGM 2026 summary

Opening remarks and agenda

• The meeting was duly convened and broadcast live, with all required documentation made available to shareholders in advance.

• Quorum was established with 258 shareholders representing 84.71% of voting capital.

Financial performance review

• Consolidated assets reached EUR 631.7 million, with a net attributable equity of EUR 275.3 million.

• Consolidated net revenue was EUR 208.3 million, with a net profit attributable to the parent of EUR 39.3 million.

• Individual company net revenue was EUR 24.2 million, with a net profit of EUR 14 million.

• Change in accounting policy for investment property valuation to fair value, with restated 2024 figures for comparability.

• The annual accounts were audited by KPMG, which issued a favorable opinion.

Board and executive committee updates

• The number of board members was reduced from 15 to 12 to enhance efficiency and align with governance best practices.

• Succession in the presidency: Ricardo Pumar López stepped down, succeeded by Francisco Pumar López as executive chairman.

• Several board appointments and re-elections were approved, including new and renewed independent and proprietary directors.