Global Fashion Group S.A. (GFG) held its Annual General Meeting (AGM) on May 20, 2026, in Luxembourg, where shareholders voted in favor of all proposed resolutions. With 58.32% of voting rights represented, the AGM approved the consolidated and annual accounts for the financial year ended December 31, 2025, and discharged current and former Management Board and Supervisory Board members for their mandates during 2025.
A key outcome was the approval of a revised Remuneration Policy, which aligns executive compensation with long-term shareholder value. Additionally, shareholders granted the Management Board a new authorization to acquire up to 20% of the Company’s fully paid-up common shares. This buyback authorization provides GFG with flexibility to manage its capital structure and potentially return value to shareholders.
The approval of these resolutions reflects shareholder confidence in GFG's strategic direction and governance. The company operates leading ecommerce platforms—THE ICONIC, Dafiti, and ZALORA—across ANZ, LATAM, and SEA, serving a market of 700 million consumers. The AGM results are detailed on the Company website, including a comprehensive list of resolutions and voting outcomes.
This AGM comes as GFG continues to focus on profitable growth and operational efficiency. The share buyback authorization signals potential capital allocation priorities, which could include reducing share count or deploying cash for strategic initiatives. The revised Remuneration Policy also aims to incentivize management to deliver sustainable performance.
GFG's vision is to be the #1 fashion and lifestyle destination in its markets, with a commitment to being people and planet positive. The company's platforms offer a curated assortment of international, local, and own brands, leveraging data-driven insights and local expertise to provide an exceptional customer experience.
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