FIBRA Macquarie Announces Results of Annual Holders’ Meeting

MEXICO CITY--()--FIBRA Macquarie México (FIBRA Macquarie) (BMV:FIBRAMQ) announced the results of its Annual Holders’ Meeting held on April 20, 2016. There was a high level of participation in the meeting, with more than 63% of certificate holders represented.

The meeting approved by a significant majority:

 

I.

 

The Trust’s annual audited financial statements for the 2015 fiscal year, in accordance with Section 4.3(a)(i) of the Trust Agreement.

II.

The Trust's Annual Report for the 2015 fiscal year, in accordance with Section 4.3(a)(ii) of the Trust Agreement.

III.

[Non-Voting Item] Revocation by the Manager of the appointments of Messrs. Matthew Banks, Nicholas William O’Neil, Jaime Lara Medellin and Peter Gaul as members of the Technical Committee of the Trust (the “Technical Committee”) in accordance with Sections 4.1(i) and 5.2(b)(ii) of the Trust Agreement, and determination by the Manager to condition the annual renewal of the appointment of Manager-appointed Independent Members of the Technical Committee on the consent of the annual Ordinary Holders’ Meeting in accordance with Section 5.2(d) of the Trust Agreement.

IV.

Consent for the renewal of the appointment of Mr. Juan Antonio Salazar Rigal as an Independent Member of the Technical Committee until the next annual Ordinary Holders’ Meeting.

V.

Consent for the renewal of the appointment of Dr. Alvaro de Garay Arellano as an Independent Member of the Technical Committee until the next annual Ordinary Holders’ Meeting.

VI.

Consent for the renewal of the appointment of Mr. Luis Alberto Aziz Checa as an Independent Member of the Technical Committee until the next annual Ordinary Holders’ Meeting.

VII.

Designation of delegates that, as needed, formalize and give effect to the resolutions adopted at the Meeting with respect to the aforementioned points.

 

Corporate Governance

FIBRA Macquarie is committed to having a best-in-class corporate governance structure and reinforced that commitment by moving to a 75% independent Technical Committee from the previous 37%. In addition, the Manager has conditioned its annual re-appointment of independent members on the consent of certificate holders. An overwhelming majority of 92.5% voted to re-elect the three current independent members, in effect 99.4% as the Manager chose to abstain from voting in accordance with corporate governance best practices.

Following this change, the Technical Committee will comprise FIBRA Macquarie CEO Juan Monroy and three independent members. The Manager expects additional independent members to be appointed to the Technical Committee in the future.

FIBRA Macquarie’s 2015 Annual Report and Financial Statements, as approved at the meeting, as well as the details of the resolutions passed at the meeting and the official minutes, will be published by the Common Representative through the Mexican Stock Exchange (Bolsa Mexicana de Valores) and will be made available via the FIBRA Macquarie website at www.fibramacquarie.com/investors/bolsa-mexicana-de-valores-filings.

About FIBRA Macquarie

FIBRA Macquarie México (FIBRA Macquarie) (BMV:FIBRAMQ) is a real estate investment trust (fideicomiso de inversión en bienes raíces), or FIBRA, listed on the Mexican Stock Exchange (Bolsa Mexicana de Valores) targeting industrial, retail and office real estate opportunities in Mexico, with a primary focus on stabilized income-producing properties. FIBRA Macquarie’s portfolio consists of 276 industrial properties and 17 retail/office properties, located in 24 cities across 19 Mexican states as of February 9, 2016. Nine of the retail/office properties are held through a 50/50 joint venture with Grupo Frisa. FIBRA Macquarie is managed by Macquarie México Real Estate Management, S.A. de C.V. which operates within the Macquarie Infrastructure and Real Assets division of Macquarie Group. For additional information about FIBRA Macquarie, please visit www.fibramacquarie.com.

Macquarie Infrastructure and Real Assets is a business within the Macquarie Asset Management division of Macquarie Group (Macquarie) and a global alternative asset manager focused on real estate, infrastructure, agriculture and energy assets. Macquarie Infrastructure and Real Assets has significant expertise over the entire investment lifecycle, with capabilities in investment sourcing, investment management, investment realization and investor relations. Established in 1996, Macquarie Infrastructure and Real Assets has approximately US$101.3 billion of total assets under management as of December 31, 2015.

About Macquarie Group

Macquarie is a global provider of banking, financial, advisory, investment and funds management services. Macquarie’s main business focus is making returns by providing a diversified range of services to clients. Macquarie acts on behalf of institutional, corporate and retail clients and counterparties around the world. Founded in 1969, Macquarie operates in more than 60 office locations in 28 countries. Macquarie employs approximately 13,700 people and has assets under management of over US$356 billion (as of December 31, 2015).

THIS RELEASE IS NOT AN OFFER FOR SALE OF SECURITIES IN THE UNITED STATES, AND SECURITIES MAY NOT BE OFFERED OR SOLD IN THE UNITED STATES ABSENT REGISTRATION OR AN EXEMPTION FROM REGISTRATION UNDER THE U.S. SECURITIES ACT OF 1933, AS AMENDED.

THIS ANNOUNCEMENT IS NOT FOR RELEASE IN ANY MEMBER STATE OF THE EUROPEAN ECONOMIC AREA

All figures in this release are subject to rounding. Any arithmetic inconsistencies are due to rounding.

Contacts

Investor relations:
+52 (55) 9178-7763
fibramq@macquarie.com
or
Macquarie Group
Jay Davis, +1-212-231-1825
jay.davis@macquarie.com
or
Press queries:
CarralSierra PR & Strategic Communications
Jose Manuel Sierra, +52 (55) 5286-0793
Cell: +52 1 (55) 5105-5907
jmsierra@carralsierra.com.mx
or
CarralSierra PR & Strategic Communications
Diego Arrazola, +52 (55) 5286-0793
Cell: +52 1 (55) 3977-2778
darrazola@carralsierra.com.mx

Contacts

Investor relations:
+52 (55) 9178-7763
fibramq@macquarie.com
or
Macquarie Group
Jay Davis, +1-212-231-1825
jay.davis@macquarie.com
or
Press queries:
CarralSierra PR & Strategic Communications
Jose Manuel Sierra, +52 (55) 5286-0793
Cell: +52 1 (55) 5105-5907
jmsierra@carralsierra.com.mx
or
CarralSierra PR & Strategic Communications
Diego Arrazola, +52 (55) 5286-0793
Cell: +52 1 (55) 3977-2778
darrazola@carralsierra.com.mx