COIL: REPORT ON THE EXTRAORDINARY GENERAL MEETING AND UPDATE ON CORPORATE GOVERNANCE

Core Points - COIL, a leader in aluminium anodising, received unanimous approval from shareholders for all proposed resolutions at the Extraordinary General Meeting held on November 20, 2025, indicating strong support for the company's strategic direction and transformation [1] Group 1: Corporate Governance - The General Meeting dismissed Finance and Management International, represented by Timothy Hutton, from its director position and appointed Christopher Clarke as a new Non-Executive Director, enhancing the Board's expertise [2][4] - The new Board aims to support the recovery plan launched in 2025, reinforce managerial oversight, and ensure sound governance in a challenging market environment [3] Group 2: Operational Focus - COIL remains committed to delivering operational and financial priorities, enhancing industrial agility, and strengthening its leadership in anodised aluminium [5] - The company generated sales of €24.1 million in 2024 and has over 100 employees in Belgium and Germany [9] Group 3: Industry Overview - Anodising is an electrochemical process that develops a protective oxide layer on aluminium, enhancing its resistance to corrosion and maintaining its ecological properties, making it suitable for various industries including architecture, design, manufacturing, and automotive [8]