MONTERREY, Mexico, April 27, 2018 (GLOBE NEWSWIRE) -- Deutsche Bank Mexico, S.A., Banking institution, Trust Division F/1616 or Fibra Inn (BMV:FINN13) (ADR OTC:DFBRY) (“Fibra Inn” or “the Company”), a Mexican real estate investment trust internally managed specializing in the hotel industry serving the business traveler with global brands, announced today the resolutions adopted at its Ordinary Shareholders’ Meeting (the “Meeting”) which took place on April 26, 2018.

RESOLUTIONS

FIRST – Approved unanimously the Annual Report regarding the Trust’s activities for the 2017 fiscal period.

SECOND – Approved unanimously the Annual Report of the Technical Committee for the 2017 fiscal period.

THIRD – Approved unanimously the Annual Report of the Auditing Committee for the 2017 fiscal period.

FOURTH – Approved unanimously the Annual Report of the Practices Committee for the fiscal 2017 period.

FIFTH – Approved unanimously the Annual Report of the Nominations and Compensations Committee for the fiscal 2017 period.

SIXTH – Approved unanimously the Annual Report of the Debt Surveillance Committee for the fiscal 2017 period.

SEVENTH – Approved unanimously the Annual Report of the Financial Committee for the fiscal 2017 period.

EIGHTH – Approved unanimously the Annual Report of the Trust’s Investment Committee for the fiscal 2017 period.

NINTH – Approved unanimously the External Auditor report, relative to the main policies and accounting criteria, and information utilized in the preparation of the Trust’s financial information for the fiscal 2017 period

TENTH – Approved unanimously the report in reference to the fulfillment of Trust’s tax obligations, paid by the Administrator and corresponding to the fiscal 2017 period.

ELEVENTH – The Trust’s financial statements corresponding to the period ended December 31, 2017 were approved by the majority of CBFIs holders present.             

TWELFTH – The Meeting was informed of the ratification of the Technical Committee’s proprietary members and their respective alternates, as well as the President of said Technical Committee, appointed via the Founding Partner Trust, as established by the Trust, and with the understanding that each member will remain until the date they are removed or resign from said Committee and are replaced by whoever is named as their successor:

Proprietary Member	Alternate
Victor Zorrilla Vargas (Presidente)	Diego Zorrilla Vargas
Joel Zorrilla Vargas	Leandro Martín Castillo Parada
Oscar Eduardo Calvillo Amaya	Alejandro Javier Leal Isla Garza
José Gerardo Clariond Reyes Retana	José Pedro Saldaña Lozano
Robert Jaime Dotson Castrejón	José Pedro Valenzuela Rionda
Juan Carlos Hernáiz Vigil	María Fernanda Hernáiz Leonardo
Adrian Jasso	Roberto Simon Woldenberg

THIRTEENTH – The Meeting was informed of the ratification of proprietary member of the Technical Committee and their respective alternates, via holders that individually or jointly represent 10% of the CBFIs outstanding, as established by the Trust, with the understanding that each member will remain until the date they are removed or resign from said Committee and are replaced by whoever is named as their successor:

Proprietary Member	Alternate
Santiago Pinson Correa	Antonio de Jesús Sibaja Luna

FOURTEENTH – Approved unanimously the ratification of the Independent Members named to the Technical Committee, as well as their standing as independent members, with the understanding that each member will remain until the date they are removed or resign from said Committee and are replaced by those named as successors:

Proprietary Member	Alternate
Adrián Enrique Garza de la Garza	Non-applicable
Alberto Rafael Gómez Eng	Non-applicable
Everardo Elizondo Almaguer	Non-applicable
Héctor Medina Aguiar	Non-applicable
Marcelo Zambrano Lozano	Non-applicable

FIFTEENTH – Approved unanimously the fees corresponding to Independent Members of the Technical Committee under the following terms: (i) the amount of Ps. 35,600.00 for each session attended of the Trust’s Technical Committee; and, (ii) the amount of Ps. 29,350.00 for each session attended of the Practices Committee, the Auditing Committee, the Nominations and Compensations Committee, the Financial Committee, the Investment Committee, and any Committee that is formed to support the Technical Committee in its functions, regardless of whether these attendances are in person or via telephone.  The aforementioned will have retroactive effect as of April 1, 2018.

SIXTEENTH – The Meeting was informed of the cancellation of the Share Repurchase Program that was not utilized and was approved at the Meeting held on April 28, 2017 in the amount of Ps. 245 million.

SEVENTEENTH – Approved the creation of a new fund for the repurchase of the Trust’s CBFIs for a maximum amount of up to Ps. 250,000,000.00 for the 12-month period following this date; the amount will not exceed 5% of the total CBFIs issued by the Trust, in accordance with current legislation.

EIGHTEENTH – Unanimously approved the appointment of Oscar Eduardo Calvillo Amaya, Miguel Aliaga Gargollo and Laura Nelly Lozano Romero as Special Delegates to fulfill the resolutions approved during the Meeting, so that, either individually, or jointly, they instruct the Trust’s Fiduciary of any action necessary to fulfill the resolutions approved at the Meeting.

NINETEENTH – Unanimously declared the approval and signature of the Resolutions taken at the Meeting and instructs the Fiduciary to realize all of the items herein discussed, taking the present document as a letter of instruction for all legal effects that take place.

TWENTIETH – Unanimously and notwithstanding any other Resolutions of this Meeting, the Common Representative was designated as a special delegate, so that, the items approved at this Meeting may be formalized with the public notary of their choosing and that the adopted Resolutions may be published in the corresponding Public Registry of Commerce.

About the Company
Fibra Inn is a Mexican trust formed primarily to acquire, develop and rent a broad range of hotel properties in Mexico aimed at the business traveler. The Company has signed franchise, license and brand usage agreements with international hotel brands for the operation of global brands as well as the operation of national brands. Additionally, the Company has development agreements. These hotels enjoy some of the industry’s top loyalty programs. Fibra Inn trades its Real Estate Certificates (Certificados Bursátiles Fiduciarios Inmobiliarios or “CBFIs”) on the Mexican Stock Exchange under the ticker symbol “FINN13”; its ADRs trade on the OTC market in the U.S. under the ticker symbol “DFBRY”.

www.fibrainn.mx

Note on Forward-Looking Statements 
This press release may contain forward-looking statements.  These statements are statements that are not historical facts, and are based on management’s current view and estimates of future economic circumstances, industry conditions, Company performance and financial results. Also, certain reclassifications have been made to make figures comparable for the periods. The words “anticipates”, “believes”, “estimates”, “expects”, “plans” and similar expressions, as they relate to the Company, are intended to identify forward-looking statements.  Statements regarding the declaration or payment of dividends, the implementation of principal operating and financing strategies and capital expenditure plans, the direction of future operations and the factors or trends affecting financial condition, liquidity or results of operations are examples of forward-looking statements.  Such statements reflect the current views of management and are subject to a number of risks and uncertainties.  There is no guarantee that the expected events, trends or results will actually occur.  The statements are based on many assumptions and factors, including general economic and market conditions, industry conditions, and operating factors.  Any changes in such assumptions or factors could cause actual results to differ materially from current expectations.

In México: Lizette Chang, IRO Fibra Inn Tel. 52-1-81-1778-5926 lchang@fibrainn.mx

In New York: Maria Barona / Melanie Carpenter i-advize Corporate Communications Tel. (212)406-3691 mbarona@i-advize.com