Levante UD opens the period for vote grouping for the Shareholders' Meeting

Levante UD holds its Ordinary and Extraordinary General Shareholders' Meeting on February 10 at 6:00 PM in the Fenollosa Room at the Ciutat de València Stadium. Thanks to the  advances in the management system and the commitment to the digitalization of the IT department, the club is launching an improved process for vote grouping, as it has done in previous meetings, which will facilitate the participation of small shareholders.

Starting tomorrow, Wednesday, February 4, shareholders who wish to carry out this procedure can go to the club's offices during the following hours:

• Monday to Thursday: from 8:30 AM to 2:00 PM and from 4:00 PM to 5:30 PM.
• Friday: from 8:30 AM to 1:30 PM.

What does vote grouping mean and entail?

The grouping of shares allows several shareholders to come together so that only one of them represents and votes on their behalf at the Meeting. The main objectives of this process are:

• Streamlining the Meeting: It drastically reduces waiting times for vote counting and queues at the entrances.
• Digital validation: The use of a QR code on the ballots allows for automatic and secure validation of each shareholder.
• Facilitating participation: It allows small shareholders to have a unified and efficient voice without the need for more complex procedures on the day of the event.

Steps to carry out the grouping

For the grouping to be valid, the following procedure has been established:

1. Minimum representation: The shareholder attending as a representative must have, between their shares and those delegated, a minimum of 10 shares.
2. Required documentation: The representative must present the signed authorizations along with a copy of the ID cards of all the shareholders they represent.
3. Issuance of a single ballot: After verifying the identity and database, the club will issue a single attendance card (or ballot) where the grouping will be recorded on the back.
4. Access to the Meeting: On the day of the meeting, the representative will only need to pass their card through the entry validators for all grouped votes to be automatically valid.

In the event that a shareholder who has grouped their vote decides to attend in person, they can cancel their previous grouping as long as they attend with their representative and the remaining grouping does not fall below the minimum of 10 shares.

With these improvements, Levante UD reaffirms its commitment to transparency, efficiency, and modernization, ensuring that the club's decision-making process is as accessible and professional as possible for all its members.