Neinor Homes (HOME) EGM 2025 summary

Opening remarks and agenda

• Meeting opened with welcome remarks and introduction of the notary to record the minutes in compliance with legal requirements.

• Confirmation of the meeting's proper convening and constitution, with details on remote and in-person attendance.

• Attendees reminded of procedures for questions, interventions, and voting, both in-person and via telematic platform.

• Notice of meeting published on company and regulatory websites, and in a national newspaper.

Specific resolutions to be voted on

• Four agenda items proposed by the board for shareholder vote, with procedures for voting against, abstaining, or blank votes outlined.

• Shareholders could access all proposed resolutions and supporting documentation prior to the meeting.

Q&A with stakeholders

• Shareholders invited to ask questions or request clarifications on agenda items, public disclosures, or the auditor's report.

• A shareholder inquired about dividend forecasts and the financial structure of a takeover bid.

• Management confirmed dividend distributions of €500 million over 2025–2027, subject to factors related to the takeover bid.

• Details provided on the €1.25 billion takeover bid, including €500 million from company funds and €750 million in debt issued by a new subsidiary.

• Assurance given that the debt will not appear on the main balance sheet and will be repaid from AEDAS Homes' projected cash flows.