MS Outlook Changes Reminder to None When Meeting is Rescheduled

Does anyone know a solution for the following challenge:

1. Setting up Meeting and adding a Reminder (example 15 minutes - the default one)
2. Rescheduling the meeting or accepting a counter from a meeting attendee, changes the reminder to None

Originally, I assumed this is our own company MS Outlook set up. However, this challenge is the same in other corporations using MS Outlook as Corp Email.

Thanks in advance for any possible solutions!