CSG Holding to vote on governance reforms, supervisory board abolition

CSG Holding's supervisory board, in an ad hoc meeting on November 10, 2025, approved a proposal to amend the company's articles of association and related documents. The board, with all three attending members voting in favor, deemed the changes consistent with legal and regulatory requirements, safeguarding shareholder interests. These amendments, which include the abolition of the supervisory board and transfer of its powers to the board's audit committee, will be put to a shareholder vote.

Concurrently, the board of directors also met on November 10, 2025, with all seven directors agreeing to the proposed revisions to the articles of association. Additionally, the board approved modifications for various internal regulations, such as the "Audit Committee Rules of Procedure" and the "Rules for Independent Directors." These proposals, reflecting efforts to enhance corporate governance and adapt to new regulations, require shareholder approval.

To address these significant governance changes, CSG Holding will convene its third extraordinary general meeting of 2025 on November 28, 2025. Shareholders will vote on the proposed amendments to the articles of association and other related governance documents. The equity registration date for the meeting is November 20, 2025, with both physical and online voting options available.