The Ritz Hotel in Barcelona will submit the dividend distri…

The shareholders of Hotel Ritz de Barcelona, S.A. will decide on December 11, 2026, whether to approve a dividend distribution charged to voluntary reserves and a new remuneration system for its administrative body, including that of the executive director. The notice is signed by the Board of Directors in an agreement dated October 28, 2026, and is published in the Official Gazette of the Mercantile Registry (BORME) no. 212, of November 4, 2026, second section of announcements and legal notices, with official reference BORME-C-2026-5783 (page 7178).

Notice and location of the meeting

The meeting will be held as an extraordinary session at the registered office, at Roger de Llúria, 28, Barcelona, at 7:00 p.m. on December 11, 2026, on first call. If the minimum required attendance is not reached, the meeting will be repeated the following day, December 12, at the same place and time, on second call.

The announcement is signed in Barcelona, on October 29, 2026, by the secretary of the Board of Directors, Florinda Muñoz Pfister.

Five items on the agenda

The company organizes the matters to be addressed as follows:

Modification of the remuneration system of the company’s Administrative Body and the consequent modification of Article 15 of the Bylaws.
Approval of the remuneration of the Executive Director.
Distribution of dividends charged to voluntary reserves.
Requests and questions.
Drafting, reading and, if applicable, approval of the meeting minutes.

Board remuneration and right to information

The first item is the one with the greatest statutory impact: the meeting must agree on a new remuneration system for the administrative body and, as a consequence, reform Article 15 of the bylaws. The second item, separate from the previous one, is limited to setting the remuneration of the executive director, such that the board proposes a double remuneration agreement of different nature and scope.

The company reminds that, pursuant to Article 287 of the Capital Companies Act, from the date of the meeting notice, any shareholder may obtain immediately and free of charge the text of the statutory modification and the corresponding report thereon. This right to information allows for the examination of the exact scope of the reform before the vote.

Dividend without published amount

The third item enables the distribution of dividends charged to voluntary reserves, that is, charged to profits retained in previous years and not to the results of the last financial year. The official announcement does not detail the amount of the distribution, the dividend per share, or the payment date: the notice is limited to stating the agreement that will be proposed to the meeting, without economic figures.

The published text also does not specify the applicable attendance or representation requirements, beyond the statutory provision for a second call.

Relevance

Hotel Ritz de Barcelona, S.A. is the company that owns one of the city’s benchmark luxury hotels, and the call arrives with three items affecting the board’s remuneration policy and the distribution of accumulated reserves. For shareholders, the document already sets a certain decision date—December 11, with the 12th as the second call—and opens the period to request the report on the statutory reform of Article 15; for the market, the meeting will serve to learn how much the company distributes from reserves and how the remuneration of its leadership is structured.

Source: Official Gazette of the Mercantile Registry, no. 212, November 4, 2026, second section (meeting notices), page 7178 (official reference: BORME-C-2026-5783).