MEXICO Town, April 27, 2022 /PRNewswire/ — Volaris* (NYSE: VLRS and BMV: VOLAR), announces the resolutions of the basic normal annual shareholders meeting held on April 26, 2022.
The typical normal once-a-year shareholders assembly of the Company licensed all the things of the agenda with the the vast majority of the votes.
A courtesy English translation of the shareholders’ assembly resolutions summary are hooked up as an exhibit.
The info bundled in this report has not been audited and does not give any facts about the company’s future overall performance. Volaris’ potential performance relies upon on a number of aspects, and it cannot be inferred that the efficiency of any period of time or its comparison with the similar interval of the past calendar year is an indicator of equivalent general performance in the long term.
*Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (“Volaris” or the “Organization”) (NYSE: VLRS and BMV: VOLAR), is an ultra-lower-charge carrier, with level-to-place operations, serving Mexico, the United States, Central and South America. Volaris gives low base fares to establish its market, providing high-quality provider and extensive client decision. Because the commencing of operations in March 2006, Volaris has increased its routes from 5 to much more than 188 and its fleet from 4 to 105 aircraft. Volaris presents a lot more than 500 everyday flight segments on routes that join 44 towns in Mexico and 27 cities in the United States, Central and South The us with the youngest fleet in Mexico. Volaris targets passengers who are checking out friends and relations, value-conscious business enterprise and leisure vacationers in Mexico, the United States, Central and South The usa. Volaris has received the ESR Award for Social Company Duty for eleven consecutive a long time. For additional information and facts, be sure to pay a visit to: www.volaris.com.
For even more information, please speak to:
Investor Relations Get in touch with:
Félix Martínez / Naara Cortés Gallardo / [email protected]
Media Get in touch with:
Gabriela Fernández / [email protected]
Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (the “Firm”)
Summary of the Resolutions Adopted by the Once-a-year Standard Common Shareholders’ Meeting held on April 26, 2022.
I. Presentation and, if relevant, approval of the studies referred to report 28, section IV, of the Securities Sector Legislation which includes the presentation of the fiscal statements for the year finished on December
31, 2021 and resolutions relating to the effectiveness of the Board of Administrators, Committees and Main Govt Officer of the Business.
The following were introduced and permitted: (i) the report of the Audit and Corporate Tactics Committee in terms of posting 43 of the Securities Industry Regulation (ii) the report of the Main Government Officer in terms of posting 28, portion IV, subsection b) and post 44, portion XI of the Securities Sector Regulation, alongside one another with the belief of the external auditor (iii) the belief of the Board of Directors on the Main Executive Officer’s report (iv) the report of the Board of Directors referred to in Posting 172, paragraph b) of the Typical Law of Small business Corporations on the principal accounting and facts policies and criteria adopted in the planning of the Firm’s monetary information (v) the report of the Board of Administrators referred to in Article 28, Segment IV, paragraph e) of the Securities Industry Law on the actions and operations of the Corporation in which reported board participated and (vi) the Financial Statements of the Firm and its subsidiaries for the fiscal year finished December 31, 2021, which demonstrate a internet income of MXN$2,120,551,000.00 (two billion 1 hundred twenty million five hundred fifty-one thousand pesos 00/100).
Every single and each and every a single of the functions performed by the Board of Directors, by the Audit and Company Tactics Committee, by the Compensations and Nominations Committee, by the Chairman, by the Main Govt Officer, by the Secretary, by the Deputy Secretary and by the officers of the Firm in the efficiency of their duties during fiscal year finished December 31, 2021 had been ratified and accredited and unveiled from all liability derived from the performance of their obligations, to which impact they are granted the most in depth severance payment that may be applicable in compliance with the regulation.
II. Resolutions about the allocation of the remaining results for the fiscal year ended on December 31, 2021.
It was fixed that the web profits of the Company and subsidiaries acquired for the fiscal calendar year ended December 31, 2021, which amount of money to MXN$2,120,551,000.00 (two billion a single hundred twenty million 5 hundred fifty-one particular thousand pesos 00/100), be applied to the “retained earnings account” of prior yrs. Similarly, it was noted that the legal reserve of the Corporation amounts to MXN$291,178,000.00 (two hundred ninety-one particular million just one hundred seventy-8 thousand pesos 00/100) as of the day of the conference.
III. Resolutions of (i) the amount of money that could be allotted to the invest in of Company´s shares in accordance with write-up 56, segment IV, of the Securities Sector Legislation and (ii) the report with regards to the guidelines
and resolutions adopted by the Board of Administrators of the Enterprise, about the order and sale of these shares.
It was settled that throughout the present-day fiscal year 2022 no means will be allocated for the obtain of the Enterprise shares.
IV. Appointment and/or ratification of the customers of the Board of Administrators, of the secretary, Deputy Secretary and principal officers of the Organization.
V. Appointment and/or ratification of the chai
rman of the Audit and Corporate Tactics Committee of the Firm.
It was approved to ratify Mr. José Luis Fernández Fernández as Chairman of the Audit and Company Tactics Committee of the Organization.
VI. Resolutions pertaining to the compensation to the users of the Board of Directors, Audit and Company Methods Committee, Compensations and Nominations Committee and the secretary of the Board of Directors of the Enterprise.
It was fixed to approve the payment of expenses to the Chairman of the Board of Directors, the independent administrators, the other Users and Substitutes and the Secretary of the Board of Administrators, the members of the Audit and Corporate Methods Committee, the customers of the Compensations and Nominations Committee and the associates of any other functioning team that could be constituted to
guide in the things to do and functions of the Board of Directors, for each individual assembly of the Board of Directors and/or the Audit and Corporate Practices Committee and/or the Compensations and Nominations
Committee attended, as follows:
VII. Appointment of delegates who will have out and formalize the resolutions adopted by this assembly.
The delegates of the conference were being appointed to seem, indistinctly, in advance of any notary community of their decision to formalize all or aspect of the meeting minutes, to arrange, if relevant, the registration, by
themselves or as a result of the particular person they designate, of the corresponding instrument in the General public Registry of Commerce of Mexico City and to carry out all functions required to comply with the resolutions
adopted by the meeting becoming expressly authorized to concern the needed certificates of all or part of these moment.
Delegates of the conference were being appointed to indistinctly subscribe and file all forms of certificates and paperwork and acquire all kinds of actions just before the Countrywide Banking and Securities Commission, the
Mexican Inventory Exchange, the S. D. Indeval Institución para el Depósito de Valores, S.A. de C.V. (Securities Deposit Institution), and any national or overseas authority, as nicely as any other public or personal
firm or institution, in link with the resolutions accepted by this assembly.