VTEX Shareholders Approve Board Re-elections and Transition to US GAAP Reporting

VTEX
October 08, 2025

VTEX announced that its Annual General Meeting of Shareholders, held on April 25, 2025, resulted in the approval of all proposed matters. A significant 96.36% of the company's voting power was represented at the meeting.

Shareholders approved the re-election of several members to the Board of Directors, including Geraldo do Carmo Thomaz Júnior, Mariano Gomide de Faria, Alejandro Raul Scannapieco, Benoit Jean-Claude Marie Fouilland, and Francisco Alvarez-Demalde. This ensures continuity in the company's leadership.

Crucially, the transition of the company’s financial reporting standards to U.S. Generally Accepted Accounting Principles (US GAAP) from International Financial Reporting Standards (IFRS), effective January 1, 2025, was approved with 100% of votes cast in favor. This strategic shift aims to enhance financial transparency and comparability for investors.

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