ASUR Calls for a Shareholders' Meeting

Rhea-AI Summary

Grupo Aeroportuario del Sureste (NYSE: ASR) called its Ordinary General Shareholders' Meeting for January 26, 2026 at 10:00 a.m. in Mexico City.

The agenda authorizes the board to: acquire all or part of shares and/or airport operators (including Companhia de Participações em Concessões) directly or via subsidiaries/SPVs; and contract any type of debt (bank loans, securities issuances or other financing) and enter related agreements. The meeting will also appoint delegates to enact resolutions.

Shareholders must be registered by January 21, 2026, obtain admission passes, and may review supporting materials at the company's offices or at asur.com.mx fifteen days before the meeting.

Positive

• Board authorization to pursue acquisitions of airport operators
• Board authorization to arrange financing via loans or securities
• Shareholder materials available 15 days before the meeting

Negative

• Authorization to contract debt could increase leverage if executed
• Acquisition authority could require significant cash or dilution if transactions occur

Key Figures

Meeting date January 26, 2026 Scheduled Ordinary General Shareholders’ Meeting

Meeting time 10:00 a.m. Start time for shareholders’ meeting in Mexico City

Board resolution date September 30, 2025 Date Board approved calling the shareholders’ meeting

Register closure date January 21, 2026 Shareholder Register closed three working days before meeting

Documentation availability 15 days prior Supporting materials available at company offices before meeting

Market Reality Check

$303.58 Last Close

Volume Volume 33,015 is below the 20-day average of 58,433 (relative volume 0.57x). low

Technical Price 303.58 is trading below the 200-day MA of 308.25 and about 15.67% under the 52-week high.

Peers on Argus

ASR was down 0.96% while key peers were mixed: PAC -0.65%, CAAP -2.0%, JOBY +7.8%, ARMK -0.16%, UHAL -2.02%, suggesting stock-specific dynamics around governance and potential transactions.

Historical Context

Date	Event	Sentiment	Move	Catalyst
Nov 18	Major acquisition	Positive	+0.5%	Agreed to acquire Motiva’s CPC airport portfolio across four countries.
Nov 06	Traffic update	Positive	+0.1%	Reported October 2025 passenger traffic with slight overall growth and regional mix.
Nov 05	M&A intention	Positive	+2.8%	Confirmed submission of offer to acquire Motiva’s airport interests, no agreement yet.
Oct 22	Earnings release	Neutral	+0.7%	3Q25 results with revenue growth but lower EBITDA margin and majority net income.
Oct 06	Traffic update	Negative	-0.9%	September 2025 traffic declined overall, with notable weakness in Mexico volumes.

Pattern Detected

Across the last five news events, ASR’s share price showed consistently modest, directionally aligned moves (within a few percent) relative to operational updates, earnings, and M&A announcements.

Recent Company History

Over the past few months, ASR has combined steady traffic updates with active expansion. On Oct 22, 2025, 3Q25 results showed revenue growth but softer EBITDA and net income. Traffic releases for September and October 2025 highlighted flat-to-slightly negative overall trends with regional variation. On Nov 5 and Nov 18, 2025, ASR disclosed an offer and then an agreement to acquire Motiva’s CPC airport portfolio across multiple countries. Today’s meeting call centers on approving potential acquisitions and related financing, fitting into this expansion trajectory.

Regulatory & Risk Context

Short Interest

0.04

0% 15% 30%+

low

Reported short interest is low, with short_percent at 0.04 and days to cover of 1.38, suggesting limited short-based volatility around governance and acquisition-related announcements.

Market Pulse Summary

This announcement convenes a shareholders’ meeting on January 26, 2026 to approve potential acquisitions of airport operators, possible new debt via loans or securities issuances, and related formalities. It follows recent disclosures about expansion into additional airports in Latin America. Investors may focus on how these authorizations relate to prior deals, the scale and structure of any financing, and impacts on leverage. With recent traffic and earnings news mixed, future updates on transaction terms and integration progress are key metrics to watch.

Key Terms

General Ordinary Shareholders' Meeting regulatory

"announced the call to assembly for its General Ordinary Shareholders' Meeting which will be held"

A general ordinary shareholders' meeting is a gathering where owners of a company's common shares come together to discuss and decide on important issues, such as approving financial results and electing directors. It is similar to a group meeting of members in a club, where decisions are made collectively, and shareholders’ opinions directly influence the company's management and future direction. This meeting is essential for ensuring transparency and giving shareholders a voice in the company’s affairs.

AI-generated analysis. Not financial advice.

MEXICO CITY, Dec. 4, 2025 /PRNewswire/ -- Grupo Aeroportuario del Sureste, S.A.B. de C.V.(NYSE: ASR; BMV: ASUR) (ASUR), a leading international airport group with operations in Mexico, the United States, and Colombia, today announced the call to assembly for its General Ordinary Shareholders' Meeting which will be held on January 26^th, 2026 and announced the agenda for the meeting.

The following is the complete text of the call to assembly for the shareholders' meeting:

CALL TO ASSEMBLY FOR ORDINARY ANNUAL GENERAL MEETING OF THE 
SHAREHOLDERS OF GRUPO AEROPORTUARIO DEL SURESTE, S.A.B. DE C.V.

By resolution of the Board of Directors adopted at the meeting held on the September 30^th  2025 and pursuant to the provisions of Articles 36, 37 and other provisions of the bylaws of Grupo Aeroportuario del Sureste, S.A.B. de C.V. (the "Company") and Articles 181 and 183 of the General Corporations Law ("Ley General de Sociedades Mercantiles"), the Company's shareholders are hereby called to attend the Ordinary General Shareholders' Meeting (the "Meeting"), which will take place at 10 o'clock a.m. on the 26^th of January 2026, at the Company's offices at Bosque de Alisos No. 47-A 4^th floor, Colonia Bosque de las Lomas, 05120, Mexico City, Mexico, in order to discuss the following matters:

A G E N D A

I.          Presentation, discussion and, if applicable, approval for the Company to acquire all or part of the shares and/or airport operators, including Companhia de Participações em Concessões, either directly or through its subsidiaries and/or special purpose vehicles. Resolutions thereon.

II.        Presentation, discussion and, if applicable, approval for the Company to, directly or indirectly, contract any type of debt, either through bank loans, securities issuances, or any other form of financing, and to enter into the contracts and agreements necessary and/or convenient to implement the foregoing. Resolutions thereon.

III.      Appointment of delegates in order to enact the resolutions adopted at the Meeting and, if applicable, to formalize such resolutions. Resolutions thereon.

Subject to the provisions of the paragraph immediately following this one, in order to have the right to attend the Meeting, the shareholders shall (i) be registered on the Company Shareholder Register, or provide other proof of ownership of Company shares or the corresponding certificates in accordance with the Mexican Stock Market Law. The Shareholder Register will be closed three working days prior to the date set for the Meeting, that is, on the 21^st of January 2026; and (ii) have obtained their admission pass.

In order to have the right to attend the Meeting, at the latest on the working day before the Meeting (i) the shareholders shall deposit at the Company's offices, with S.D. Indeval, S.A. de C.V., Institución para el Depósito de Valores ("Indeval") or with any national or foreign financial credit institution, their share certificates or the receipts or other proof of deposit issued by any such institutions, and (ii) the brokerage houses and the other depositaries at Indeval shall present a list containing the names, addresses, nationalities and number of shares of the shareholders that they will represent at the Meeting. Upon receipt of such documents, the Company shall issue an admission pass to the shareholders and/or deliver the forms that they may use in order to be duly represented at the Meeting pursuant to subsection III of Article 49 of the Securities Market Law. In order to attend the Meeting, the shareholders shall present the corresponding admission pass and/or form.

The shares deposited at the Company by the shareholders for the purposes of attending the Meeting shall be returned when the Meeting has ended, upon the delivery of the deposit receipts issued to the shareholder or attorney-in-fact for such shares.

The shareholders may either attend the Meeting personally or be represented by a person or persons duly authorised in a power of attorney in accordance with Article 49 subsection III of the Securities Market Law or by any other form of representation granted pursuant to the law.

Furthermore, please be advised that the supporting documentation for the adoption of the resolutions of the Meeting hereby convened, and the application previously mentioned, shall be placed at the disposal of the shareholders at the Company's offices fifteen days prior to the date of the Meeting.

The material for the shareholders' assembly will be available at asur.com.mx.

Mexico City, 4^th of December 2025

____________________________________
Rafael Robles Miaja
Secretary of the Board of Directors

About ASUR:
Grupo Aeroportuario del Sureste, S.A.B. de C.V. (ASUR) is a leading international airport operator with a portfolio of concessions to operate, maintain and develop 16 airports in the Americas. This comprises nine airports in southeast Mexico, including Cancun Airport, the most important tourist destination in Mexico, the Caribbean and Latin America, and six airports in northern Colombia, including Medellin international airport (Rionegro), the second busiest in Colombia. ASUR is also a 60% JV partner in Aerostar Airport Holdings, LLC, operator of the Luis Muñoz Marín International Airport serving the capital of Puerto Rico, San Juan. San Juan's Airport is the island's primary gateway for international and mainland-US destinations and was the first, and currently the only major airport in the US to have successfully completed a public–private partnership under the FAA Pilot Program. Headquartered in Mexico, ASUR is listed both on the Mexican Bolsa, where it trades under the symbol ASUR, and on the NYSE in the U.S., where it trades under the symbol ASR. One ADS represents ten (10) series B shares. For more information, visit www.asur.com.mx

View original content:https://www.prnewswire.com/news-releases/asur-calls-for-a-shareholders-meeting-302633605.html

SOURCE Grupo Aeroportuario del Sureste, S.A.B. de C.V.

FAQ

When is Grupo Aeroportuario del Sureste (ASR) shareholders' meeting scheduled?

The Ordinary General Shareholders' Meeting is scheduled for January 26, 2026 at 10:00 a.m.

What key approvals is ASR seeking at the January 26, 2026 meeting?

The board is asking shareholders to approve acquisitions of shares/airport operators and authorization to contract debt via loans or securities.

What is the ASR shareholder registration cutoff to attend the January 26, 2026 meeting?

The Shareholder Register will be closed on January 21, 2026; shareholders must be registered by that date to attend.

Where can ASR shareholders find the meeting materials for the January 26, 2026 assembly?

Supporting documentation will be available at the company's offices and online at asur.com.mx starting 15 days before the meeting.

How can ASR shareholders attend or be represented at the January 26, 2026 meeting?

Shareholders may attend in person or be represented by a duly authorized proxy per applicable securities law and must present an admission pass.

Does the ASR agenda mention any specific target for acquisitions?

The agenda names Companhia de Participações em Concessões as an example but seeks general authority to acquire all or part of shares and/or airport operators.