Biralde calls meeting to dismiss and appoint sole administrator

The company BIRALDE, S.L. has called a general meeting of shareholders for the upcoming September 10, 2026, at 10:00 AM, with the objective of dismissing the Sole Administrator and appointing a new administrator. The notice is published in the Official Gazette of the Mercantile Registry (BORME) number 160, dated August 20, 2026, page 5960, with the official reference BORME-C-2026-4772.

The meeting is held at the request of Mr. Álvaro José Jiménez Escobar, representing the entity “Cear 2007, SL”, and is expressly entrusted to the administrative body and, in the event of failure to comply, to the requesting shareholder themselves, to carry out the provisions ordered by the mercantile registrar of Madrid. The meeting will take place at the Notary Office of Mr. Ignacio Martínez-Gil Vich, located at calle Velázquez 12 in Madrid (28001).

A corporate conflict reaching the meeting

The call is based on articles 169 and following of the Capital Companies Act, which regulate the right of shareholders to request the holding of a general meeting. The fact that the request originates from a shareholder and is entrusted to the mercantile registrar of Madrid reflects a scenario of internal disagreement in the company’s governance, which must now be resolved within the shareholders’ meeting.

The agenda focuses on the renewal of the administrative body, with two points of particular relevance for the control of the company:

• First. Examination and, if applicable, agreement on the dismissal of the Sole Administrator of BIRALDE, S.L.
• Second. Examination and, if applicable, approval of the appointment of Ms. María Alejandra Jiménez Escobar or Mr. Álvaro José Jiménez Escobar as the new Sole Administrator.
• Third. Delegation of powers.
• Fourth. Reading and, if applicable, approval of the minutes.

Development of the meeting

The meeting will be governed by the provisions of article 191 of the Capital Companies Act, such that the president and secretary of the meeting will be those designated at the beginning by the attending shareholders. The notice was signed in Madrid on July 31, 2026, by the XXII mercantile registrar of Madrid, Antonio Holgado Cristeto.

The choice between the two proposed candidates for the position of sole administrator—both sharing the surname Jiménez Escobar—points to a dispute for control of the administrative body that is of direct interest to investors and the Madrid business community. The result of the September 10 meeting will determine who remains in charge of the management of BIRALDE, S.L. and under what terms the company’s powers are delegated.

Source: Official Gazette of the Mercantile Registry (BORME), no. 160, August 20, 2026, Second Section (Announcements and legal notices), p. 5960 (official reference: BORME-C-2026-4772).