Fresh Del Monte Produce Inc. ($FDP)

Welcome to Fresh Del Monte Produce's 2026 Annual General Meeting of Shareholders. Today's Annual General Meeting is being broadcast live over the Internet and is being recorded. For opening remarks, I would like to turn today's call over to Christine Cannella, Vice President, Investor Relations with Fresh Del Monte Produce, who will serve as the moderator for today's Annual General Meeting of Shareholders. Please go ahead, Ms. Cannella.

Thank you, operator. Good morning, everyone, and welcome to Fresh Del Monte Produce's 2026 Annual General Meeting of Shareholders. As the operator mentioned, I'm Christine Cannella, Vice President, Investor Relations with Fresh to Monte Produce, I will be moderating today's call. Today's annual meeting is being broadcast live over the Internet, and we thank you for participating in the virtual meeting. I hope you had a chance to review the annual report and the proxy statement. If not, they are available at www.envisionreports.com/FDP or at www.freshdmonty.com under the Investor Relations tab. . If you haven't already done so, please take a minute to view our agenda slide and the rules of conduct for today's annual meeting. We will hold a Q&A session during which we intend to answer as time permits those questions submitted during the meeting that are pertinent to the items being brought before the shareholders for vote today in accordance with our rules of conduct. You can submit questions or comments online by clicking the Q&A icon in the top right corner of your screen. As a reminder, if you have already voted your shares by sending in a proxy are voted via telephone or Internet, you do not need to take any further action. If you have not already voted your shares in advance, you will be able to vote your shares electronically during today's Annual General Meeting by clicking on the cast your vote link on the meeting center site. If you have technical issues during today's webcast, please click on the support link in the upper right of the broadcast screen and someone will assist you. With that, I would like to turn today's call over to our Chairman and Chief Executive Officer, Mohammad Abu-Ghazealeh. Please go ahead, Mr. Abu.

Thank you, Mrs. Cannella. Good morning, and welcome to the 2026 Annual General Meeting of Shareholders of Restel Monte Produce. As Mrs. Cannella mentioned, I am Mohamad Abugazali, Chairman of the Board and Chief Executive Officer of Restel Monte Produce. And I will be presided at this Annual General Meeting. I want to open by thanking all of you who have joined us today. At this time, we will move to the formal portion of our meeting, and I will call the meeting to vote. Present at the meeting today via telephone or Directors, Amir Bogasari and Anadugazali and our independent directors, Charles Beer, Junior, May enclo lover Michaels, Dr. Ajai Ku and Michael Peters, our lead independent director. Other company officers in attendance via telephone are Mrs. Monica Picante, Senior Vice President and Chief Financial Officer; and Mrs. FD Silver Senior Vice President, General Counsel, Corporate Secretary, which Selma will serve as Secretary of today's meeting. As you heard earlier, joining today's meeting and serving as moderator for today's meeting is Mrs. Christine Cannella with fresh tenant produce. Mr. Shan Chau, representative of Computershare is also on today's call. Mr. Sharp has been appointed to act as the Inspector of Elections for today's meeting. Mr. Mark said, assurance partner with Ernest and Yang is also present via telephone at today's meeting. The Secretary has delivered an affidavit of mailing establishing that notice of this meeting was duly given. A copy of the notice of meeting and the affidavit of mailing will be incorporated into the minutes of this meeting. All shareholders of record at the close of business on April 13, 2026 are entitled to port at this meeting. Our first order of business at this meeting is to determine whether the order ratios represented at the meeting are sufficient to constitute the quorum for the purpose of transacting business. Ms. Silva have a report, please?

Yes. The shareholders' list shows that holders of 47,531,139 ordinary shares of the company. are entitled to vote at this meeting. We are informed by Mr. Sharp, Inspector of Election by 44,776,276 of the issued ordinary shares of the company or approximately 94% of the total issued ordinary shares of the company are entitled to vote at this meeting.

Thank you, Ms. Silva. Based upon the percentage of total ordinary shares of the company held by holders of record now present at the meeting, either in person or represented by proxy, a quorum is present. This meeting is now duly convened for purposes of transacting such business properly before it. The next order of business is a description of the matters to be voted on at today's meeting. The first proposal before the shareholders of the company is the election of 2 directors to serve a 3-year term expiring at the Annual General Meeting of Shareholders in 2029. The Board of Directors recommends a vote for the election of the following directed nominees. Michael J, Patel, Lorito markets. Proposal number 2 ratify the appointment of Ernst & Young LLP as independent registered certified public accounting firm for the 2026 fiscal year. The Board of Directors recommended a Board for the ratification of the appointment of Ernest Young and LTE as the company's independent registered public accounting firm for the 2026 fiscal year. Proposal #3, approval by nonbinding advisory Board of the compensation of our named executive officers as disclosed in the proxy statement for the 2025 fiscal year. The court of Directors implement a board for the approval of the company's executive compensation. Proposal #4, approval and adoption of the same amended and restated memorandum and Articles of Association. The Board recommends a vote for the approval of the company's are amended and restated memorandum and articles of association. I will now turn the call over to Mrs. Christine and I let to begin the question and answer session regarding the proposals. Ms. Cannella?

As a reminder, you may submit questions online by clicking on the dialogue icon in the upper right corner of the meeting center screen. We will only be addressing questions related to the agenda items. For all other inquiries regarding Fresh Del Monte Produce, please feel free to reach out to me directly. I would like to remind you that the answers we give in response to your questions, may include forward-looking statements within the safe harbor provisions of the federal securities laws. Actual results may differ materially from these forward-looking statements. because of a variety of risks and uncertainties about our business, which are described in our most recent filings with the SEC, including our 2025 annual report on Form 10-K. All forward-looking statements are as of today, June 4, and we assume no obligation to update such statements. Mr. Chairman, there are no questions. This concludes the question-and-answer session of Fresh Del Monte Produce's Annual General Meeting.

The Inspector of Election will now look for any outstanding votes that may have been cast during the meeting. The online voting will now be closed, and I hereby declare the polls closed. Proxies will be held in the position of the Inspector of Election. The Inspector of Election will tabulate the votes. Will the secretary please report the preliminary results of voting?

We have been informed by the Inspector of Election that the votes have been counted and that the preliminary results of the voting are as follows: the nominees for election to the Board of Directors have been duly elected. The appointment of Ernst & Young as independent registered certified public accounting firm for the 2026 fiscal year has been ratified. The company's executive compensation for the 2025 fiscal year has been approved and the adoption of the company's third amended and restated memorandum and articles of association has been approved. The results of the voting on these items will be reported in a Form 8-K filing by the company within 4 business days after the final voting results are tabulated.

Thank you, Mr. Find the 2026 Annual General Meeting of Shareholders is adjourned. Thank you for joining us. I will now turn today's taking back to our operator. .

Thank you, Mr. Abugizawi. Today's webcast has concluded. You may disconnect at this time.