Global Fashion Group AGM Approves All Resolutions, Including Revised Remuneration Policy

Global Fashion Group S.A. (GFG) held its Annual General Meeting (AGM) in Luxembourg on May 20, 2026, where shareholders approved all proposed resolutions. With 58.32% of voting rights represented, the meeting marked a significant milestone for the company as it navigates the evolving fashion e-commerce landscape.

Among the key approvals were the consolidated and annual accounts for the fiscal year ending December 31, 2025. Shareholders also discharged current and former members of the Management Board and Supervisory Board for their mandates during the 2025 financial year. The AGM additionally ratified a revised Remuneration Policy, which aligns executive compensation with long-term strategic goals and shareholder interests.

A notable authorization granted the Management Board the ability to acquire up to 20% of the company's fully paid-up common shares. This share buyback program signals GFG's confidence in its financial health and commitment to enhancing shareholder value. The move comes as GFG continues to strengthen its position in the ANZ, LATAM, and SEA markets through its three ecommerce platforms: THE ICONIC, Dafiti, and ZALORA.

The approval of the Remuneration Policy is particularly important as it reflects GFG's focus on responsible governance and sustainability. The company has emphasized its vision to be the #1 fashion and lifestyle destination in its markets while maintaining a "people and planet positive" approach. This policy update ensures that executive incentives are tied to both financial performance and broader environmental, social, and governance (ESG) criteria.

A comprehensive list of all resolutions passed and detailed voting results are available on the Company website. The AGM outcomes demonstrate strong shareholder support for GFG's strategic direction, especially in a challenging retail environment characterized by shifting consumer behaviors and economic uncertainties.

Global Fashion Group serves a diverse market of 700 million consumers across three continents, offering curated assortments of international, local, and own brands. The company's data-driven approach and local expertise have been instrumental in delivering seamless customer experiences from discovery to delivery. With the new authorizations and policy approvals, GFG is well-positioned to execute its growth strategy and continue empowering people to express their true selves through fashion.