Annual and Extraordinary Shareholders' Meeting of Atento, S.A. held in Luxembourg in June 29th 2022 with 80.89% participation - Akshay Shah is elected as member to the board

Rhea-AI Summary

Atento S.A. (NYSE: ATTO) announced the results of its Annual Shareholders Meeting held on June 29, 2022, in Luxembourg, with an 80.89% participation rate. Shareholders approved the appointment of Akshay Shah as a Class I director and renewed terms for several Class II directors. Antonio Viana-Baptista resigned as a Class III director effective June 30, 2022, without any operational disagreements. The meeting also ratified the individual and consolidated annual accounts for the year ended December 31, 2021. Detailed voting results can be found in the Investor Relations section of Atento's website.

Positive

• 80.89% participation in the Annual Shareholders Meeting indicates strong shareholder engagement.
• Approval of key appointments, including Akshay Shah as a Class I director, suggests a strategic focus on governance.

Negative

• The resignation of Antonio Viana-Baptista might raise concerns about leadership stability.

Antonio Viana resigns as director on June 30^th 2022

NEW YORK, July 1, 2022 /PRNewswire/ -- Atento S.A. (NYSE: ATTO, "Atento" or the "Company"), one of the largest providers worldwide and the leading company in customer relationship services and business process outsourcing (CRM / BPO) in Latin America, announces its Annual Shareholders Meeting was held in Luxembourg in June 29^th 2022, immediately followed by an Extraordinary Shareholders' Meeting (jointly, the "Annual Meetings"). 80.89% of the Company's share capital excluding treasury shares participated in the Annual Meetings.

The Company's shareholders approved each of the items submitted for approval at the Annual Meeting, including in particular the appointment of Akshay Shah as Class I director, immediately effective and for a period expiring at the annual general meeting of shareholders to be held in 2024, the renewal of Mr. Carlos López-Abadía Rodrigo, Mr. Robert William Payne and Mr. Antenor Camargo, as class II directors, of the Company for a period expiring at the annual general meeting of shareholders to be held in 2025 and the ratification of the recent appointment by cooptation of Mr. Anil Bhalla as class I director for a period expiring at the annual general meeting of shareholders to be held in 2024. In addition, other ordinary matters were also approved including the individual and consolidated annual accounts of the Company for the financial year ended on December 31, 2021 and the allocation of results.

The complete list of resolutions and results of the votes on each of them is published in the Investor Relations section of our website: Atento - Financials - SEC Filings

Likewise, on June 30th 2022 Antonio Viana-Baptista submitted to the Company's board of directors notice of his resignation from his position as a Class III director of the Board, with such resignation to be effective immediately. Mr. Viana's resignation was not due to any disagreement relating to the Company's operations, policies or practices.

About Atento 

Atento is the largest provider of customer relationship management and business process outsourcing ("CRM BPO") services in Latin America, and among the top providers globally. Atento is also a leading provider of nearshoring CRM BPO services to companies that carry out their activities in the United States. Since 1999, the company has developed its business model in 14 countries where it employs approximately 150,000 people. Atento has over 400 clients to whom it offers a wide range of CRM BPO services through multiple channels. Atento's clients are mostly leading multinational corporations in industries such as telecommunications, banking and financial services, health, retail and public administrations, among others. Atento's shares trade under the symbol ATTO on the New York Stock Exchange (NYSE). In 2019, Atento was named one of the World's 25 Best Multinational Workplaces and one of the Best Multinationals to Work for in Latin America by Great Place to Work®. Also, in 2021 Everest named Atento as a star performer. Gartner named the company as a leader for two years in a row, since 2021 in the Gartner Magic Quadrant. For more information visit www.atento.com

Media Relations

press@atento.com

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SOURCE Atento S.A.

FAQ

What happened at Atento's Annual Shareholders Meeting on June 29, 2022?

Atento's Annual Shareholders Meeting approved key appointments and the company's accounts, with an 80.89% participation rate.

Who was appointed as a Class I director at Atento?

Akshay Shah was appointed as a Class I director, effective immediately, during the Annual Shareholders Meeting.

What was the participation rate at Atento's recent shareholders meeting?

The participation rate at Atento's Annual Shareholders Meeting was 80.89%.

When did Antonio Viana-Baptista resign from Atento's board?

Antonio Viana-Baptista resigned from Atento's board effective June 30, 2022.

What were the financial results approved at Atento's shareholders meeting?

The shareholders approved the individual and consolidated annual accounts for the financial year ended December 31, 2021.