Patria Investments Limited (PAX) Earnings Call Transcript & Summary

Hello, and welcome to the 2025 Patria Investments Limited Annual General Meeting of Shareholders. Please note that this meeting is being recorded. [Operator Instructions] It is my pleasure to now turn the meeting over to Mr. Olimpio Matarazzo. The floor is yours.

Thank you very much. Yes, hello, everyone. Welcome to Patria Investments Limited Annual General Meeting of Shareholders. I am Olimpio Matarazzo Neto, Patria Chairman of the Board of Directors, and I will proceed as Chairman of this Annual General Meeting. I am accompanied by Ana Cristina Russo, our Chief Finance Officer; and by Andre Medina, our VP of Shareholder Relations. We are conducting today's Annual General Meeting of Shareholders, primarily on a virtual online platform. We regret not being able to see more of you in person. However, like many other companies, we are meeting online in order to provide convenience access to all of our shareholders. I want to thank you for taking the time to join us, and I hope you and your families are well and safe. Andre Medina will lead us through the meeting. Andre, please.

Thank you, Olimpio. Computershare, our transfer agent has delivered an affidavit of mailing establishing that notice of this Annual General Meeting was duly given. Brian Heffernan of Computershare has informed me that a quorum is present and the Annual General meeting is, therefore, duly convened and may proceed to transact business, subject to confirmation of the quorum in the report by Computershare. Those who have logged into this Annual General meeting as a shareholder using a control code may submit questions and make comments. [Operator Instructions] After I go through the following proposals to be voted on, we will respond to appropriate questions. The first proposal to be considered and voted upon is proposal resolved, as an ordinary resolution that the company's financial statements and the auditors' report for the fiscal year ended 31st December 2024, which have been made available to the shareholders for the purpose of the AGM be approved and ratified. We encourage you to vote. If you have already voted your shares and do not wish to change your vote, no actions required at this time. If you have not yet voted or would like to change your vote, you may do so by clicking the proxy voting site link on the vote tab. We will now pause to provide for a few moments to permit for any questions and to the extent of any to review and organize the questions. Duplicate questions will be consolidated. I will return shortly with the questions and our responses. After the question-and-answer session has concluded, we will announce the preliminary results. We are now pausing. There are no questions that have been submitted according to our rules of conduct. I pass the word back to Olimpio, who will announce the preliminary results.

Thank you. The report of Computershare confirms that a quorum is and has been in attendance at this Annual General Meeting for all purposes. It also confirms that the preliminary results indicated that the first proposal has received the requisite number of votes that are approved in accordance with the annual and restated Articles of Association of Patria Investments Limited.

Thank you, Olimpio. The second and final proposal to be considered and voted upon is proposal resolved as an ordinary resolution that Daniel Rizardi Sorrentino be appointed as a member of the Board of Directors of the company, to serve on the Board until the earlier for his vacating office or removal from office as a director in accordance with the Amended and Restated Memorandum and Articles of Association of the company. We encourage you to vote. If you have already voted your shares and do not wish to change your vote, no action is required at this time. If you have not yet voted or would like to change your vote you may do so by clicking the proxy voting site link on the vote tab. We will now pause to provide for a few moments to permit for any questions and to the extent of any to review and organize the questions. Duplicate questions will be consolidated. I will return shortly with the questions and our responses. After the question-and-answer session has concluded, we will announce the preliminary results. We're now pausing. There are no questions that have been submitted according to our rules of conduct. I pass the word back to Olimpio, who announced the preliminary results.

Thank you, Andre. The report of Computershare confirms again that a quorum is and has been in attendance at this Annual General Meeting for all purposes. It also confirms that the preliminary results indicate that the second proposal has received the requisite number of votes and are approved in accordance with the amended and restated Articles of Association of Patria Investments Limited. This concludes the business schedule for the Annual General Meeting. I would like to thank your shareholders on behalf of the Board for their support. Our meeting is now concluded. Thank you all for attending.

This concludes the meeting. You may now disconnect.