MEXICO City, April 27, 2022 /PRNewswire/ — Volaris* (NYSE: VLRS and BMV: VOLAR), announces the resolutions of the common normal once-a-year shareholders conference held on April 26, 2022.
The common normal yearly shareholders meeting of the Corporation licensed all the objects of the agenda with the the greater part of the votes.
A courtesy English translation of the shareholders’ conference resolutions summary are connected as an show.
The information and facts involved in this report has not been audited and does not supply any info about the firm’s future performance. Volaris’ long run functionality depends on a range of variables, and it can not be inferred that the effectiveness of any interval or its comparison with the identical time period of the preceding 12 months is an indicator of very similar functionality in the foreseeable future.
*Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (“Volaris” or the “Company”) (NYSE: VLRS and BMV: VOLAR), is an ultra-reduced-expense carrier, with place-to-point functions, serving Mexico, the United States, Central and South America. Volaris provides very low base fares to build its current market, supplying high-quality service and extensive buyer decision. Considering that the beginning of functions in March 2006, Volaris has elevated 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 link 44 cities in Mexico and 27 towns in the United States, Central and South The us with the youngest fleet in Mexico. Volaris targets travellers who are checking out close friends and family members, value-conscious company and leisure vacationers in Mexico, the United States, Central and South America. Volaris has been given the ESR Award for Social Corporate Duty for eleven consecutive decades. For much more information and facts, you should visit: www.volaris.com.
For further info, remember to get in touch with:
Investor Relations Make contact with:
Félix Martínez / Naara Cortés Gallardo / [email protected]
Media Speak to:
Gabriela Fernández / [email protected]
Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (the “Company”)
Summary of the Resolutions Adopted by the Yearly General Everyday Shareholders’ Assembly held on April 26, 2022.
I. Presentation and, if applicable, approval of the stories referred to short article 28, part IV, of the Securities Market Legislation such as the presentation of the financial statements for the yr ended on December
31, 2021 and resolutions regarding the functionality of the Board of Administrators, Committees and Main Govt Officer of the Firm.
The pursuing were introduced and accepted: (i) the report of the Audit and Company Techniques Committee in terms of short article 43 of the Securities Current market Legislation (ii) the report of the Chief Executive Officer in conditions of write-up 28, section IV, subsection b) and post 44, portion XI of the Securities Current market Law, collectively with the view of the external auditor (iii) the view of the Board of Administrators on the Main Govt Officer’s report (iv) the report of the Board of Administrators referred to in Post 172, paragraph b) of the Basic Legislation of Enterprise Organizations on the principal accounting and information and facts procedures and criteria adopted in the preparing of the Firm’s economical information and facts (v) the report of the Board of Administrators referred to in Posting 28, Part IV, paragraph e) of the Securities Market place Law on the things to do and operations of the Corporation in which mentioned board participated and (vi) the Economic Statements of the Business and its subsidiaries for the fiscal yr ended December 31, 2021, which present a web financial gain of MXN$2,120,551,000.00 (two billion a single hundred 20 million five hundred fifty-a single thousand pesos 00/100).
Every single and each individual one particular of the functions performed by the Board of Administrators, by the Audit and Company Tactics Committee, by the Compensations and Nominations Committee, by the Chairman, by the Chief Government Officer, by the Secretary, by the Deputy Secretary and by the officers of the Corporation in the functionality of their obligations during fiscal yr ended December 31, 2021 ended up ratified and permitted and unveiled from all liability derived from the effectiveness of their obligations, to which effect they are granted the most in depth severance payment that could be relevant in compliance with the law.
II. Resolutions pertaining to the allocation of the remaining benefits for the fiscal yr ended on December 31, 2021.
It was fixed that the net gains of the Corporation and subsidiaries obtained for the fiscal calendar year finished December 31, 2021, which volume to MXN$2,120,551,000.00 (two billion a single hundred twenty million five hundred fifty-just one thousand pesos 00/100), be used to the “retained earnings account” of prior a long time. Also, it was famous that the lawful reserve of the Corporation amounts to MXN$291,178,000.00 (two hundred ninety-just one million just one hundred seventy-eight thousand pesos 00/100) as of the day of the conference.
III. Resolutions of (i) the quantity that could be allocated to the obtain of Company´s shares in accordance with short article 56, section IV, of the Securities Market place Law and (ii) the report about the insurance policies
and resolutions adopted by the Board of Administrators of the Enterprise, relating to the invest in and sale of this sort of shares.
It was fixed that throughout the present fiscal year 2022 no sources will be allotted for the invest in of the Enterprise shares.
IV. Appointment and/or ratification of the associates of the Board of Directors, of the secretary, Deputy Secretary and principal officers of the Company.
V. Appointment and/or ratification of the chairman of the Audit and Corporate Tactics Committee of the Enterprise.
It was permitted to ratify Mr. José Luis Fernández Fernández as Chairman of the Audit and Company Tactics Committee of the Organization.
VI. Resolutions relating to the compensation to the users of the Board of Directors, Audit and Corporate Practices Committee, Compensations and Nominations Committee and the secretary of the Board of Administrators of the Enterprise.
It was resolved to approve the payment of costs to the Chairman of the Board of Directors, the unbiased directors, the other Users and Substitutes and the Secretary of the Board of Directors, the associates of the Audit and Corporate Techniques Committee, the members of the Compensations and Nominations Committee and the members of any other doing work group that may possibly be constituted to
aid in the routines and functions of the Board of Administrators, for just about every assembly of the Board of Administrators and/or the Audit and Corporate Tactics 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 meeting.
The delegates of the assembly were appointed to seem, indistinctly, prior to any notary general public of their choice to formalize all or part of the meeting minutes, to organize, if relevant, the registration, by
by themselves or by means of the particular person they designate, of the corresponding instrument in the Community Registry of Commerce of Mexico Metropolis and to carry out all functions important to comply with the resolutions
adopted by the conference getting expressly authorized to concern the needed certificates of all or component of these moment.
Delegates of the conference were being appointed to indistinctly subscribe and file all varieties of certificates and documents and choose all forms of steps prior to the Countrywide Banking and Securities Commission, the
Mexican Stock Exchange, the S. D. Indeval Institución para el Depósito de Valores, S.A. de C.V. (Securities Deposit Institution), and any nationwide or foreign authority, as well as any other public or non-public
organization or institution, in relationship with the resolutions accepted by this meeting.