VTEX (NYSE: VTEX), the enterprise digital commerce platform for premier brands and retailers, the leader in accelerating the digital commerce transformation in Latin America and now expanding globally, announced the results of its Annual General Meeting of shareholders (“AGM”) held on October 6, 2022.
46.775.621 Class A shares and 108.599.494 Class B shares were represented at the AGM, in person or by proxy, which indicates 96.94% of the voting power of the shares of common stock were represented.
The resolutions have been approved by ordinary resolution of the shareholders, where all directors were ratified to the Board of Directors and the consolidated accounts of the Company prepared under IFRS as of and for the financial year ended December 31, 2021 were approved.
The detailed results of the Meeting were as follows:
1. Ratification of the Members of the Board of Directors
The six (6) directors that were proposed by management of the Company were ratified by a majority of the votes cast by shareholders present or represented by proxy at the Meeting, each to serve for a term ending on the date of the next annual general meeting of the shareholders, or until such person resigns or is removed in accordance with the terms of the Memorandum and Articles of Association of the Company. The votes cast for each nominee were as follows:
Geraldo do Carmo Thomaz Júnior
Mariano Gomide de Faria
Alejandro Raul Scannapieco
Benoit Jean-Claude Maria Fouilland
2. Ratification and Approval of Financial Statements and the Auditor’s Report for the fiscal year ended December 31, 2021.
Final voting results on all matters voted on at the Meeting will be filed on VTEX’s profile on EDGAR at sec.gov.
VTEX (NYSE: VTEX) is the enterprise digital commerce platform where global brands and retailers run their world of commerce. VTEX puts its customers’ business on a fast path to growth with a complete Commerce, Marketplace, and OMS solution. VTEX helps global companies build, manage and deliver native and advanced B2B, B2C, and Marketplace commerce experiences with unprecedented time-to-market and without complexity.
As a leader in digital commerce platforms, VTEX is trusted by more than 2,400 customers, including AbInbev, Carrefour, Colgate, Motorola, and Whirlpool, having over 3,200 active online stores across 38 countries (as of FY ended on December 31st, 2021). For more information, visit www.vtex.com.
This announcement contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1993, as amended, and Section 21E of the Securities Exchange of 1934, as amended. Statements contained herein that are not clearly historical in nature, including statements about the VTEX strategies and business plans, are forward-looking, and the words “anticipate,” “believe,” “continues,” “expect,” “estimate,” “intend,” ”strategy,” “project,” “target” and similar expressions and future or conditional verbs such as “will,” “would,” “should,” “could,” “might,” “can,” “may,” or similar expressions are generally intended to identify forward-looking statements.
VTEX may also make forward-looking statements in its periodic reports filed with the U.S. Securities and Exchange Commission, or the SEC, in press releases and other written materials and in oral statements made by its officers and directors. These forward-looking statements speak only as of the date they are made and are based on the VTEX’s current plans and expectations and are subject to a number of known and unknown uncertainties and risks, many of which are beyond VTEX’s control. A number of factors and risks could cause actual results to differ materially from those contained in any forward-looking statement. Further information regarding these and other risks is included in VTEX filings with the SEC.
As a consequence, current plans, anticipated actions and future financial position and results of operations may differ significantly from those expressed in any forward-looking statements in this announcement. You are cautioned not to unduly rely on such forward-looking statements when evaluating the information presented as there is no guarantee that expected events, trends or results will actually occur. We undertake no obligation to update or revise any forward-looking statements, whether as a result of new information or future events or for any other reason.
This announcement may also contain estimates and other information concerning our industry that are based on industry publications, surveys and forecasts. This information involves a number of assumptions and limitations, and we have not independently verified the accuracy or completeness of the information.