Secretaría de Economía
GRUPO AEROPORTUARIO DEL PACIFICO, S.A.B. DE C.V.
ANNOUNCES GENERAL ORDINARY AND EXTRAORDINARY SHAREHOLDERS' MEETING
Guadalajara, Jalisco, Mexico, August 2, 2021 - Grupo Aeroportuario del Pacífico, S.A.B. de C.V., (NYSE: PAC; BMV: GAP) ('the Company' or 'GAP') announced the following:
Pursuant to a resolution adopted by our Board of Directors on July 28, 2021, and in accordance with Articles 180, 181, 182 and other applicable articles of Mexico's General Commercial Corporations Law and Article 35 of the Company's by-laws, Grupo Aeroportuario del Pacífico, S.A.B. de C.V., invites its shareholders to the General Ordinary and General Extraordinary Shareholders' Meetings to be held on September 14, 2021 at 12:00 and 12:30 pm, respectively, in Salon Midtown Ballroom 3, of the Hilton Hotel, located at Av. López Mateos 2405-300, Col. Italia Providencia, Guadalajara, Jalisco, Mexico, to discuss the following:
GENERAL ORDINARY SHAREHOLDERS' MEETING
I. Proposal to increase the maximum amount allocated for the repurchase of the Company's shares or credit instruments that represent such shares by an additional Ps. 2,000,000,000.00 (TWO BILLION PESOS 00/100 M.N.) in addition to the Ps. 3,000,000,000.00 (THREE BILLION PESOS 00/100 M.N.) repurchase amount that was previously approved at the Annual General Ordinary Shareholders' Meeting that took place on April 27, 2021. Such amount is to be exercised within the 12-month period following April 27, 2021, in accordance with Article 56, section IV of the Mexican Securities Market Law.
II. Appointment and designation of special delegates to appear before a notary public to formalize the resolutions adopted at the meeting. Adoption of resolutions deemed necessary or convenient, to fulfill the decisions adopted in relation to the preceding agenda items.
EXTRAORDINARY SHAREHOLDERS' MEETING
I. Proposal to reduce the Company's shareholders' equity by Ps. 7.80 (SEVEN PESOS 80/100 M.N.) per share outstanding and to be paid within the 12 (TWELVE) months following its approval, and, as a consequence of this reduction, the necessary amendment to Article Six of the Company's by-laws.
II. Proposal to modify the Company's by-laws in relation with the operating rules of the Acquisitions Committee, specifically Article 29, as follows:
To allow the Board of Directors to appoint an alternate member to the proprietary member appointed by the Series B shareholders to this Committee.
To update the threshold amount that must be approved by the Acquisitions Committee in order to be contracted, related to fractions 2), 3) and 6), from U.S. $400,000.00 dollars (FOUR HUNDRED THOUSAND U.S. DOLLARS) to U.S. $600,000.00 dollars (SIX HUNDRED THOUSAND U.S. DOLLARS).
III. Proposal to add to Article 21 of the Company's by-laws, the option to hold Board of Directors sessions by electronic or virtual means, in addition to in-person meetings.
IV. Appointment and designation of special delegates to appear before a notary public to formalize the resolutions adopted at the meeting. Adoption of the resolutions deemed necessary or convenient, to fulfill the decisions adopted in relation to the preceding agenda items.
Shareholders are reminded that in accordance with Article 36 of the Company's by-laws, only those shareholders registered in the Company's share registry as holders of one or more of the Company's shares will be admitted into the Company's shareholders' meetings, and they will be admitted only if they have obtained an admission card. The share registry will close three (3) business days prior to the date of the meeting.
In order to attend the meeting, at least one (1) business day prior to the meeting: (i) shareholders must deposit with the Company their stock certificates, shares or a receipt of deposit of shares from S.D. Indeval Institución para el Depósito de Valores, S.A. de C.V. ('Indeval') or from a local or foreign financial institution, and (ii) brokerage firms and other depositors at Indeval should present a listing containing the name, address, nationality and number of shares of the shareholders they will represent at the meeting. In exchange for these documents, the Company will issue, in accordance with the Company's bylaws, an admission card and/or the forms required under Article 49, Section III of the Mexican Securities Market Law to be represented. In order to attend the meeting, shareholders must present the admission card and/or the corresponding form.
Shares deposited for admittance to these meetings will only be returned after the meetings, via a voucher that will be given to the shareholder or his/her representative.
Shareholders may be represented by proxy at the meetings by any person designated by a power of attorney signed before two witnesses or as otherwise authorized by law. However, with respect to the Company's capital stock traded on a stock exchange, the proxy or proxies may only verify their identities via Company forms. These will be made available to all shareholders, including any stockbrokers, during the period specified in Article 173 of the Mexico's General Commercial Corporations Law.
Following the publication of this announcement, all shareholders and their legal representatives will have free and immediate access to all information and documents related to each of the topics included in the meeting agendas, as well as all proxy forms that must be presented by persons representing shareholders. These documents will be available at the Company's offices located at Av. Mariano Otero #1249-B, 6th Floor, Col. Rinconada del Bosque, Guadalajara, Jalisco 44530 or at Arquímedes #19, 4th Floor, Col. Bosque de Chapultepec, 11580, Alcaldía Miguel Hidalgo, Mexico City, Mexico 11580. Shareholders are invited to contact the Company should they have need for any additional information.