Neinor Homes announces an orderly leadership transition with the appointment of Jordi Argemí as CEO from 2027

Madrid, 20 April 2026 – The Board of Directors of Neinor Homes (“Neinor”) has today approved an orderly succession plan under which the current CEO, Borja García-Egotxeaga, will step down at the end of 2026, after eight years leading the company.

During this period, Neinor has consistently delivered on its business plans, even in particularly challenging environments marked by the pandemic, rising inflation and the resulting increase in interest rates. This has been achieved despite a significant tightening of financial conditions, as well as a complex geopolitical backdrop stemming from the war in Ukraine. This performance has enabled the company to consolidate its leadership in the Spanish residential sector and is well positioned to navigate the current market environment.

As part of this transition process, Jordi Argemí, current Deputy CEO and CFO, has been appointed Co-CEO and will assume the role of CEO from 1 January 2027, ensuring a smooth transition and full continuity in the execution of the company’s strategy. The aforementioned actions will be carried out through the corresponding corporate process.

Following completion of the transition period, Borja García-Egotxeaga will remain linked to Neinor as Senior Advisor, supporting the company in this new phase and ensuring an orderly transition and continued strategic execution. The Board of Directors has recognised the outstanding work carried out by Borja García-Egotxeaga during his tenure as CEO, leading a team that has consistently delivered exceptional results.

This transition takes place at a moment of strength for Neinor, following several years in which the company has consolidated its position as the leader in the Spanish residential sector through a disciplined growth strategy and the execution of corporate transactions, strengthening its scale, land bank and value creation capacity.

A natural transition supported by strong and consistent performance

The appointment of Jordi Argemí as CEO reflects a natural evolution of the management team, given his central role in the definition and execution of Neinor’s strategy.

Over recent years, Jordi Argemí has been directly involved in the company’s key strategic decisions, as well as in the corporate transactions that have driven its growth. These include the merger by absorption with Quabit, the partnership with Bain Capital for the development and management of Habitat, the growth and consolidation of the Asset Management business and, more recently, the acquisition of AEDAS Homes.

His discipline in financial management and capital allocation, together with his leadership in executing the company’s business plans, have been instrumental in Neinor’s growth and in strengthening its position as a sector leader.

Strategy continuity and focus on value creation

Neinor will continue to execute its capital-efficient growth strategy, which has been key in recent years both to scaling the platform and to optimizing the balance sheet and maximizing shareholder returns.

The company’s performance under its 2023–27 Strategic Plan has been excellent to date, with total shareholder return exceeding 180% since its launch in March 2023. On this basis, Neinor is today in an optimal position to continue growing in a capital-efficient manner, capturing market opportunities while maintaining a disciplined focus on value creation.

Borja García-Egotxeaga, CEO of Neinor Homes, commented: “It has been a privilege to lead Neinor over the past seven years, and I am very proud to have consistently delivered on our objectives throughout this period. The company is in a very strong position, as a sector leader and with a platform fully prepared to continue growing in the years ahead.”

Jordi Argemí, Deputy CEO and CFO, added: “It is an honour to take on the responsibility of leading Neinor in this new phase. We have a unique platform, a proven strategy and a clear roadmap based on disciplined capital management. We start from a position of strength, with solid performance under our strategic plan, and we will remain focused on disciplined execution, capital-efficient growth and continuing to deliver sustainable value and attractive returns for our shareholders.”