Tecnoglass Inc. (TGLS) Earnings Call Transcript & Summary

Good morning. I call the 2022 Annual General Meeting of Tecnoglass Inc. to order. I'm Lorne Weil Chairman of the company. Also present are Santiago Giraldo, our Chief Financial Officer; and Andrea Zambrano, our General Counsel. I appoint Andrea Zambrano to act as inspector of this meeting and to execute the old office.

I present the affidavit of Continental Stock Transfer and Trust Co showing that notice of the annual meeting and proxy statement was mailed on November 23, 2022, to all shareholders of record at the close of business on November 21, 2022.

I order the affidavit to be filed in the minute book immediately following the minutes of this meeting.

I present the lease of shareholders of record as of the close of business of November 21, 2022, as certified by Continental Stock Transfer and Trust Company.

Will the inspector please report on the number of shares eligible to vote, the number present and the presence of a quorum?

We have 47,674,773 ordinary shares outstanding and eligible to vote. At least 50% of such shares are represented at this meeting by proxy or in person.

Legal notice of the meeting has been given, a quorum is present, the meeting is regularly and lawfully convened and ready to transact business. The first item of business is to elect 2 Class C directors to the company's Board of Directors, Jose M. Daes and a Lorne Weil have been nominated for election to serve as Class C directors to hold office until such term expires in 2025, and their successors are elected and qualified.

I move for their election.

I second the motion. Management casts proxies as directed by the shareholder instruction set forth on such proxies.

The shares voted were sufficient to elect the 2 Class C directors.

The second item of business is to approve on an advisory nonbinding basis, the compensation of our named executive officers.

I move for its approval.

I second the motion. Management casts proxies as directed by the shareholder instruction set forth on such proxies.

A majority of the outstanding shares present and entitled to vote were voted in favor of the proposal.

Representatives of PricewaterhouseCoopers, the company's auditors, will respond to any appropriate questions you may have after the minutes of the meeting. At this time, all of the business to come before this meeting is now completed. I will entertain a motion to adjourn the meeting.

I so move.

I second the motion.

I declare the meeting adjourned.