MEXICO Metropolis, April 27, 2022 /PRNewswire/ — Volaris* (NYSE: VLRS and BMV: VOLAR), announces the resolutions of the normal ordinary annual shareholders meeting held on April 26, 2022.
The common standard once-a-year shareholders meeting of the Company licensed all the items of the agenda with the vast majority of the votes.
A courtesy English translation of the shareholders’ meeting resolutions summary are hooked up as an show.
The details incorporated in this report has not been audited and does not provide any info about the firm’s upcoming effectiveness. Volaris’ foreseeable future general performance relies upon on a range of variables, and it simply cannot be inferred that the functionality of any time period or its comparison with the exact period of the past 12 months is an indicator of comparable performance in the long term.
*Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (“Volaris” or the “Enterprise”) (NYSE: VLRS and BMV: VOLAR), is an extremely-very low-price carrier, with level-to-issue operations, serving Mexico, the United States, Central and South America. Volaris gives lower foundation fares to make its sector, offering high quality company and in depth consumer choice. Considering the fact that the commencing of functions in March 2006, Volaris has enhanced its routes from 5 to a lot more than 188 and its fleet from 4 to 105 aircraft. Volaris gives a lot more than 500 each day flight segments on routes that hook up 44 towns in Mexico and 27 metropolitan areas in the United States, Central and South The us with the youngest fleet in Mexico. Volaris targets passengers who are visiting good friends and kinfolk, charge-aware business enterprise and leisure vacationers in Mexico, the United States, Central and South The us. Volaris has received the ESR Award for Social Company Accountability for eleven consecutive decades. For more info, be sure to stop by: www.volaris.com.
For further more information and facts, be sure to contact:
Investor Relations Call:
Félix Martínez / Naara Cortés Gallardo / [email protected]
Gabriela Fernández / [email protected]
Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (the “Business”)
Summary of the Resolutions Adopted by the Once-a-year Standard Ordinary Shareholders’ Meeting held on April 26, 2022.
I. Presentation and, if relevant, approval of the studies referred to report 28, part IV, of the Securities Marketplace Legislation together with the presentation of the financial statements for the year ended on December
31, 2021 and resolutions with regards to the performance of the Board of Directors, Committees and Chief Govt Officer of the Corporation.
The subsequent ended up offered and approved: (i) the report of the Audit and Company Methods Committee in conditions of posting 43 of the Securities Industry Law (ii) the report of the Main Executive Officer in phrases of write-up 28, segment IV, subsection b) and write-up 44, part XI of the Securities Sector Law, alongside one another with the viewpoint of the external auditor (iii) the impression of the Board of Directors on the Chief Executive Officer’s report (iv) the report of the Board of Administrators referred to in Posting 172, paragraph b) of the Normal Legislation of Organization Companies on the principal accounting and information insurance policies and requirements followed in the preparing of the Firm’s monetary information (v) the report of the Board of Administrators referred to in Article 28, Area IV, paragraph e) of the Securities Sector Legislation on the actions and functions of the Organization in which mentioned board participated and (vi) the Money Statements of the Firm and its subsidiaries for the fiscal yr finished December 31, 2021, which clearly show a net profit of MXN$2,120,551,000.00 (two billion 1 hundred 20 million 5 hundred fifty-a single thousand pesos 00/100).
Just about every and each one of the functions carried out by the Board of Directors, by the Audit and Company Practices Committee, by the Compensations and Nominations Committee, by the Chairman, by the Main Executive Officer, by the Secretary, by the Deputy Secretary and by the officers of the Organization in the efficiency of their obligations throughout fiscal year ended December 31, 2021 ended up ratified and accepted and launched from all liability derived from the effectiveness of their obligations, to which influence they are granted the most comprehensive severance payment that might be applicable in compliance with the legislation.
II. Resolutions with regards to the allocation of the final outcomes for the fiscal 12 months finished on December 31, 2021.
It was settled that the web profits of the Firm and subsidiaries attained for the fiscal yr finished December 31, 2021, which total to MXN$2,120,551,000.00 (two billion a single hundred 20 million five hundred fifty-a single thousand pesos 00/100), be utilized to the “retained earnings account” of prior years. Furthermore, it was noted that the authorized reserve of the Firm quantities to MXN$291,178,000.00 (two hundred ninety-one million just one hundred seventy-eight thousand pesos 00/100) as of the date of the assembly.
III. Resolutions of (i) the sum that could be allocated to the buy of Company´s shares in accordance with report 56, area IV, of the Securities Market place Regulation and (ii) the report about the policies
and resolutions adopted by the Board of Administrators of the Enterprise, about the order and sale of this sort of shares.
It was fixed that through the latest fiscal calendar year 2022 no methods will be allotted for the acquire of the Enterprise shares.
IV. Appointment and/or ratification of the customers of the Board of Directors, of the secretary, Deputy Secretary and principal officers of the Organization.
V. Appointment and/or ratification of the chairman of the Audit and Corporate Techniques Committee of the Corporation.
It was authorized to ratify Mr. José Luis Fernández Fernández as Chairman of the Audit and Corporate Tactics Committee of the Corporation.
VI. Resolutions about the payment to the associates of the Board of Administrators, Audit and Corporate Practices Committee, Compensations and Nominations Committee and the secretary of the Board of Directors of the Company.
It was solved to approve the payment of costs to the Chairman of the Board of Administrators, the impartial administrators, the other Users and Substitutes and the Secretary of the Board of Directors, the members of the Audit and Corporate Procedures Committee, the users of the Compensations and Nominations Committee and the customers of any other doing work group that may well be constituted to
help in the activities and capabilities of the Board of Administrators, for each individual assembly of the Board of Directors and/or the Audit and Company Techniques Committee and/or the Compensations and Nominations
Committee attended, as follows:
VII. Appointment of delegates who will carry out and formalize the resolutions adopted by this assembly.
The delegates of the meeting were appointed to show up, indistinctly, ahead of any notary public of their selection to formalize all or section of the assembly minutes, to arrange, if relevant, the registration, by
by themselves or by way of the human being they designate, of the corresponding instrument in the Public Registry of Commerce of Mexico Metropolis and to have out all acts essential to comply with the resolutions
adopted by the assembly getting expressly licensed to challenge the required certificates of all or part of these moment.
Delegates of the assembly were being appointed to indistinctly subscribe and file all varieties of certificates and documents and acquire all kinds of steps ahead of the National Banking and Securities Fee, the
Mexican Stock Trade, the S. D. Indeval Institución para el Depósito de Valores, S.A. de C.V. (Securities Deposit Establishment), and any nationwide or overseas authority, as properly as any other public or personal
enterprise or establishment, in connection with the resolutions accepted by this meeting.