After the acquisition of Talgo by the Basque consortium led by Sidenor, which involved the return of the company's registered office to Euskadi, two extraordinary shareholder meetings have already been held in Araba. This upcoming meeting will be the first ordinary one to take place in the Basque Country. Initially convened for June 2 on the first call and the following day on the second, it is expected to be held on the first date.

At the meeting, which will be held at the Arkabia Cultural Center in Vitoria-Gasteiz, the individual and consolidated annual accounts for 2025, as well as the management reports, will be submitted for approval. Additionally, the non-financial information statement for the 2025 fiscal year, contained in the 2025 Sustainability Report, and the social management and performance of the Board of Directors during the past year will also be presented for shareholder approval.

Regarding financial results, Talgo closed last year with losses of 100 million euros, representing a 6.7% improvement compared to the 107.9 million euros in losses recorded in 2024. The company's turnover reached 618 million euros, with a net financial debt of 394 million euros.

Shareholders will need to vote on the proposed application of the result corresponding to the 2025 fiscal year. This proposal involves allocating all losses incurred by the parent company Talgo in the fiscal year ending December 31, 2025, amounting to 2,417 thousand euros, to the 'Results from previous years' account.

Concerning remuneration, the report on directors' remuneration in 2025, the new remuneration policy for directors for 2026, and the remuneration of Board of Directors members for this year will be put to a vote. Specifically, the maximum amount of total remuneration for all directors for 2026 will be set at 1,200,000 euros. Finally, the re-election of Deloitte as the auditor for the Company and its consolidated group for 2026 will be voted upon.