MercadoLibre, Inc. Reports 2025 Annual Meeting Results

Strategic Insights -

MercadoLibre, Inc., a leading e-commerce and fintech company in Latin America, has reported the results of its 2025 Annual Meeting of Stockholders. The meeting was held on June 17, 2025, for the following purposes: to elect the nominees for Class I and Class III directors, to approve the compensation of the Company's named executive officers for fiscal year 2024 on an advisory basis, and to ratify the appointment of Pistrelli, Henry Martin y Asociados S.A. as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2025.

The stockholders elected all Class I and Class III director nominees, approved the Company's executive compensation for fiscal year 2024, and ratified the appointment of Pistrelli, Henry Martin y Asociados S.A. as the Company's independent registered public accounting firm. The final voting results for each of the matters submitted to a vote of stockholders at the Annual Meeting are set forth below.

Key Takeaways:

  • 44,327,083 shares of common stock were represented at the Annual Meeting, constituting a quorum for the purpose of transacting business.
  • The stockholders elected all Class I and Class III director nominees with a significant majority.
  • The Company's executive compensation for fiscal year 2024 was approved on an advisory basis by 37,189,403 shares.
  • The appointment of Pistrelli, Henry Martin y Asociados S.A. as the Company's independent registered public accounting firm was ratified by 44,212,952 shares.
  • The number of issued and outstanding shares of the Company's common stock entitled to vote as of close of business on April 21, 2025, the record date for the Annual Meeting, was 50,697,375 shares.
  • There were 2,958,078 broker non-votes associated with the election of the Class I and Class III directors and the advisory vote on the compensation of the Company's named executive officers.
  • Martin Lawson, a Class III director nominee, received the highest number of votes, with 39,401,176 votes in favor.

Statistics:

  • 44,327,083 shares of common stock were represented at the Annual Meeting.
  • 37,189,403 shares voted in favor of the Company's executive compensation for fiscal year 2024.
  • 44,212,952 shares voted in favor of the ratification of the appointment of Pistrelli, Henry Martin y Asociados S.A. as the Company's independent registered public accounting firm.
  • 50,697,375 shares of common stock were issued and outstanding as of April 21, 2025, the record date for the Annual Meeting.
  • 2,958,078 broker non-votes were associated with the election of the Class I and Class III directors and the advisory vote on the compensation of the Company's named executive officers.

Sources:

  • UNITED STATES SECURITIES AND EXCHANGE COMMISSION, Washington, D.C. 20549, FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934, Date of Report: June 17, 2025.