Good morning. Welcome to the special meeting of stockholders for Mission Produce Inc. I will now turn the line over to John Pawlowski. Please go ahead.
Thank you. This is John Pawlowski, Chief Executive Officer of Mission Produce. I am excited to welcome you to the special meeting of stockholders. Before we call the meeting to order, I'd like to introduce the board of directors of Mission Produce, starting with our Executive Chairman, Steve Barnard. The other members of our board of directors are Laura Flanagan, Luis Gonzalez, Jay Pack, Bruce Taylor, Linda Segre, Tony Sarsam, Michael Sims, and Doug Stone. I'd also like to introduce the officers of the company who are present with me today. Including myself, the other executive officers of the company are Bryan Giles, Chief Financial Officer, and Joanne Wu, Chief Legal Officer and Corporate Secretary. Joanne Wu will act as secretary of today's meeting, and Steve Barnard will act as chair of today's meeting. Also present is Brian Nussbaum from Deloitte & Touche, the company's independent public accounting firm.
Steve will now call the meeting to order.
The meeting will now officially come to order. We will proceed with the formal business of the meeting as set forth in the notice of special meeting and proxy statement. The polls opened today, April 28th, 2026, at 2:00 P.M. Pacific Time for voting on all matters before the meeting. If you have not already voted and wish to vote, the polls will remain open until we finish presenting the proposals and close the polls. You do not need to vote during the meeting if you have already voted and do not wish to change your vote. On our virtual meeting webpage, you will find the agenda and the rules of conduct for today's meeting. Please review these rules carefully.
Note that only stockholders who are logged into the meeting using their 16-digit control number located on their proxy card will be able to vote and submit questions at today's meeting. If you would like to submit a question, you may enter your question in the question and answer function on the webpage. You must include your name and, if applicable, organization with your question. Please limit yourself to one question. The board of directors has set the close of business on March 16th, 2026 as the record date for determination of stockholders entitled to vote at this meeting.
We have an affidavit of distribution executed by a representative of Broadridge Financial Solutions certifying that commencing on or about March 20th, 2026, a notice of this meeting, a proxy statement, and proxy card were mailed to Mission Produce stockholders of record as of the close of business on March 16th, 2026. This affidavit of distribution will be filed with and made part of this meeting's formal minutes. At this time, I'd like to introduce Richard L. Laza Jr. from Broadridge Financial Solutions. The board of directors have authorized the appointment of an Inspector of Election for today's meeting. I hereby appoint Richard Laza to act as Inspector of Election at this meeting. Richard Laza has signed the customary oath of office to execute his duties with strict impartiality.
We will file this oath with the records of the meeting. The Inspector of Election has reported that as of the record date of March 16th, 2026, there were 70,846,364 issued and outstanding shares of Mission Produce common stock eligible to be voted at this meeting. Of such amount, a majority in voting power of the shares of Mission Produce common stock issued and outstanding and entitled to vote at this meeting are present, including virtually by remote communication or by properly executed proxy. Accordingly, a quorum exists for this special meeting. Thank you. I declare this meeting to be duly constituted. We will now proceed with the formal business of this meeting. There are two proposals to be considered by Mission Produce stockholders at this meeting.
The first item of business, proposal number one, is the approval of the issuance of shares of Mission Produce common stock in the mergers contemplated by the agreement and planned merger dated as of January 14th, 2026 by and among Mission Produce, Cantaloupe Merger Sub I, Inc., Cantaloupe Merger Sub II, LLC, and Calavo Growers. For the reasons set forth in the proxy statement, the board of directors of Mission Produce has recommended that holders of shares of Mission Produce common stock vote in favor of proposal number one. The second item of business, proposal number two, is the approval of the adjournment of this meeting to solicit additional proxies if there are not sufficient votes at this time of this meeting to approve proposal one.
The board of directors has recommended that holders of shares of Mission Produce common stock vote in favor of proposal one. We will now answer questions submitted through your portal. Joanne?
Thank you, Steve. Please note that we will only be answering questions in accordance with the rules of conduct, and only stockholders who have logged into the meeting using their 16-digit control number are able to submit a question through the question area of the web portal. I can confirm now there are no questions that have been submitted. Please proceed with the voting.
If you wish to vote and you have not voted already, please vote now by clicking on the voting button on the web portal and following the instructions. You do not need to vote electronically if you have already sent in your signed proxy and if you have voted by telephone or internet. We will pause for approximately 30 seconds before closing polls. The time is now 2:05 P.M. 2:07 P.M. Pacific Time, 2:06 P.M. Pacific Time. The polls are now closed for voting. Ms. Wu will now provide the report on the voting results.
I am informed by the Inspector of Election that the preliminary results are as follows: For proposal number one, at least a majority of shares of the Mission Produce common stock present virtually or by proxy at this meeting and entitled to vote have been voted for proposal number one. Proposal number one has passed. For proposal number two, at least a majority of the shares of Mission Produce common stock present virtually or by proxy at this meeting and entitled to vote have been voted for proposal number two. Proposal number two has passed. As proposal number one has passed, no adjournment of this special meeting to solicit additional proxies is necessary. The results recited are preliminary. Upon certification of the Inspector of Election's preliminary report, a final report and certification of the Inspector of Election will be made available.
A full tally of the votes cast will be published by Mission Produce in a current report on Form 8-K, which will be filed with the SEC. I hereby direct that the final results, based on the final report and certification of the Inspector of Election, when available, will be filed with and made a part of this meeting's formal minutes.
This concludes the special meeting. I want to thank you for attending and for your support. This meeting is now adjourned.
That concludes our meeting today. You may now disconnect.