Fibra Inn Announces Resolutions of Extraordinary Shareholders’ Meeting

MONTERREY, Mexico, Feb. 20, 2018 -- Deutsche Bank Mexico, S.A., Banking institution, Trust Division F/1616 or Fibra Inn (BMV:FINN13) (ADR OTC:DFBRY) (“Fibra Inn” or “the Company”), a Mexican real estate investment trust internally managed specializing in the hotel industry serving the business traveler with global brands, informs regarding the resolutions of the General Extraordinary Shareholders’ Meeting for CBFI Holders that took place on February 16, 2018:

Resolutions

FIRST – Unanimously approved to modify the Trust contract, in order to lower the required qualified majority percentage; going forward, only 75% of the total outstanding shares shall be required to authorize the following:

• Changes to the Third Clause (Trust Composition), Fourth Clause (Patrimony), Fifth Clause (Objectives), Sixth Clause (Issuance of CBFIs), Seventh Clause (Obligations of Common Representative), Eighth Clause (Shareholders’ Meeting), Ninth Clause (Technical Committee, Audit Committee, Practice Committee, Appointments and Compensation Committee, Financial Committee, Surveillance and Credits and Investment Committee), Tenth Clause (Administrator, Hotel Manager), Eleventh Clause (Investment of Assets), Fourteenth Clause (Distributions), Fifteenth Clause (Investment Regimen), Eighteenth Clause (Hotel Administrator Rights), Twenty-Second Clause (Reversion Rights), Twenty-Third Clause (Term, Termination and Divestment Policy for Real Estate Assets) and Thirty-First Clause (Changes to the Trust);
• Termination of Advisory Contract and Administration Contract without mediation by Destitution of Conduct; and
• Early Termination of the Trust, sale of the Trust’s Holdings, delisting of the CBFIs and cancelation of the registration in the National Securities Register.

SECOND - Unanimously approved by all present, Mr. Oscar Eduardo Calvillo Amaya, Mr. Miguel Aliaga Gargollo and Ms. Laura Nelly Lozano Romero as special delegates of this Meeting so that, individually or jointly, they may instruct the Trust’s Fiduciary to carry out any act necessary to comply with the Resolutions approved at this Meeting.

THIRD - Unanimously and notwithstanding any other Resolutions of this Meeting, the Common Representative was designated as a special delegate, so that, the items approved at this Shareholders’ Meeting may be formalized with the public notary of their choosing and that the adopted Resolutions may be published in the corresponding Public Registry of Commerce.

FOURTH - The approval and signature of the Resolutions made at this Extraordinary Shareholders’ Meeting and instructing for the Fiduciary to carry out any items referred to herein, taking these Resolutions as instruction for all corresponding legal effects.

In Monterrey, Mexico:
Lizette Chang, IRO
Fibra Inn
Tel: 52 1 (81)1778-5926
Email: [email protected] 

In New York:
Maria Barona
i-advize Corporate Communications, Inc.
Tel: (212) 406-3691
Email: [email protected] 
Twitter: @fibrainn.mx