CI&T Inc. (CINT) Earnings Call Transcript & Summary

Okay. So we've ticked a few minutes past the time here, we're good to proceed.

[indiscernible], just so you know, Brenno, [indiscernible] and Silvio Meira, they joined the meeting.

Yes. I have Bruno Guicardi and Silvio Meira. Yes.

Okay. Anyone else?

Yes, we have participants here connected. [indiscernible] other people that -- they still don't show up for us here on the participants list. You can see there names in there.

So good morning, and welcome to CI&T Annual General Meeting. The meeting will now come to order. I'm Bruno Guicardi, the Chairman of the Board of Directors, and I thank you all for coming here today. The Chairman of the Board of the company, the Chairman of the meeting, [indiscernible] as the Secretary of the me. Shareholders should [indiscernible] to recognized. Should you desire to ask a question or speak during the meeting, please raise your hand. After being recognized, please identify yourself and your status as a shareholder or as a representative of a shareholder, then is to your point or ask your question. We ask you to restrict your remarks to the item that is before us. Shareholders who are attending the meeting virtually and wish to submit a question during the meeting, please click on the icon at top left side of your screen, type your question into the text box [indiscernible]. Thank you for cooperation of these rules. I'll ask the secretary to give the update on the qualification of this meeting to proceed.

Thank you, Brenno. We do have 98.51% of the voting power of shareholders attending the meeting. That's 1,141,049,025 shares participating on the meeting. So we're good to proceed in terms of representation here.

Thank you. The meetings is lawfully convened and ready to transact business. You have received a copy of meeting notice, which is also at the end of this meeting, which includes the matures to be submitted to a vote of the shareholders. At this time, the pools are now open and we ask any shareholder has not yet turned into a proxy and wishes to do that, it is time to raise your hand and then then we'll collect your proxy. Shareholders who have submitted proxies do not need to take any further action at this time. We now proceed to the matters to be recognized. The first item of business is a proposal to resolve as an ordinary resolution that the company financial statements and the auditor's report to the fiscal year ended 31st December 2021 be approved and ratified. Is there any discussion concerning the first proposal? The second item of business is a proposal to resolve as an ordinary resolution that the CI&T Inc. 2022 U.S. equity incentive plan in form of the [indiscernible] to the company's website and accessible using the link contained in the summary of CI&T Inc. 2022 equity incentive plan attached as Exhibit A to the AGM notice and approved by the resolutions of the company's Board of Directors passed on May 31, 2022, be and hereby approved and confirm and where necessarily ratified that each director or officer of the company be and hereby tries to take any and every action that might be necessary, appropriate or desirable to affect this resolution as such director or officer, in case or her absolute description, things fit. Is there any discussion concerning the second proposal? I hereby declare the polls closed. The secretary will now tabulate the votes and report the preliminary results before the closing of the meeting.

We have already the votes tabulated, Brenno, so we may proceed here.

The floor is open for questions and answers. If you like to address the meeting, please stand and verify yourself and tell us whether you are a shareholder or appearing a proxy. The number of shares of the company that you represent. If you are attending the meeting virtually, please click on the messaging icon on the top left of your screen, type your questions into the text box and then click send icon on the right of such text box. Are there any questions or matters that any of the shareholders would like to present? There are no further questions or comments or any questions or comments, I have been advised by the secretary that the tallies are now available and wants the secretary to read them.

So on the proposed to approve and ratify the company's financial statements for the fiscal year ended December 31, 2021. The proposal has received the majority of the votes cast from the orders of shares present in person or represented by proxy and entitled to vote on the approval of the company's financial statements for the fiscal year ended December 31, 2021. But for the first item, we'll have approval of 1,140,990,600 shares, that's equivalent to 98.5% and approval rate. And also for the second item, we also have approval of 1,140,869,176 shares, also equivalent to 98.5% of the voting power. So for the final results of the shareholders' vote reflecting all proxies received by Mayo through the close of this meeting and any votes cast in person during this meeting with respect to the proposal will be included in the minutes of this minute and will be published in a form of 6-K after the final results are known and will be available upon request.

Thank you, secretary. This meeting is now concluded, and I want to thank you all for attending today's meeting and the support to have shown on CI&T. Thank you.

Thank you, Brenno, thank you all for attending the meeting today.

Thank you, everybody.