MercadoLibre shareholders approve all proposals at annual meeting

Published 18/06/2025, 22:10
© Reuters

MercadoLibre , Inc. (NASDAQ:MELI) announced Wednesday that shareholders approved all proposals presented at the company’s Annual Meeting of Stockholders held on June 17, 2025.

Stockholders elected Stelleo Passos Tolda as Class I director to serve until the 2026 Annual Meeting, and elected three Class III directors - Emiliano Calemzuk, Marcos Galperin, and Martin Lawson - to serve until the 2028 Annual Meeting.

The meeting saw strong participation with 44,327,083 shares represented, constituting a quorum from the 50,697,375 total outstanding shares eligible to vote as of the April 21 record date.

In addition to director elections, shareholders approved the compensation of the company’s named executive officers for fiscal year 2024 in an advisory vote, with approximately 37.2 million votes in favor versus 4.1 million against.

Stockholders also ratified the appointment of Pistrelli, Henry Martin y Asociados S.A., a member firm of Ernst & Young Global Limited, as the company’s independent registered public accounting firm for the fiscal year ending December 31, 2025. This proposal received overwhelming support with 44,212,952 votes in favor.

The voting results were disclosed in an 8-K filing submitted to the Securities and Exchange Commission on June 18, 2025.

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