AGM 2019

Jun 3, 2019

Good morning, and welcome to the Establishment Labs Holdings 2019 Annual Meeting of Shareholders. I would now like to turn the conference over to Nick Lewin, Chairman of the Board. Please go ahead. Good morning, and welcome to everyone participating with us today. I would like to call to order the 2019 Annual Meeting of Shareholders of Establishment Labs Holdings, Inc, which is being held virtually. I am Nick Lewin, Chairman of the Board of Directors of the company. I would like to introduce the other directors who are with us today for the annual meeting, David Hung, Lisa Kalloran, Ed Shutter, Dennis Condon and our Chief Executive Officer, Juan Jose Chacon Cuirros, constituting all of the members of our Board. Also with me today are several members of the company's senior management team, including Rene Gallietta, Chief Financial Officer Salvador Dada, Chief Operating Officer Roberto de Meserval, Chief Technology Officer and Jeremy Liviano, General Counsel. On behalf of Board of Directors and Management, I welcome all shareholders in attendance today to our 2019 Annual Meeting. Representatives from Markham LLP, the company's independent auditors are also participating and will be available following the formal portion of the meeting to respond to appropriate questions submitted online from shareholders. My sincere thanks to all our shareholders voting today and by proxy in advance of the meeting, thank you for your interest in our company's mission, business and future prospects. I will now turn the meeting over to our General Counsel, General Jeremy Liviano, who will conduct the formal part of the annual meeting and serve as secretary of the meeting. Thank you, Nick. Good morning and welcome to all of our shareholders participating online. During the meeting, shareholders participating online are welcome to submit questions through the virtual meeting platform by typing your question into the Ask a Question field and clicking submit. Questions pertinent to meeting matters will be answered following the formal portion of this meeting subject to time constraints. As indicated in the notice of meeting and accompanying documents that were mailed to all shareholders of record as of the record date, the following matters have been proposed by the Board for approval or ratification by the shareholders. 1, to elect 3 Class 1 directors, each to serve for a 3 year term. 2, to ratify the appointment of Markham LLP as our independent registered public accounting firm for our fiscal year ending December 31, 2019. We will consider each item in turn in the same order that they appear in the notice of meeting. You may vote your shares during the meeting online through the virtual meeting platform and the polls will remain open until I announce that the polls are closed. You will need the 16 digit control number included on your proxy card or voting instruction form. If you voted previously, that will not limit your right to vote online during the meeting through the virtual meeting platform and your online vote will supersede your previous vote submission. No online votes, ballots or proxies or revocations of or changes to online votes, ballots or proxies will be accepted after the polls are closed. I will announce the voting results on each matter following tabulation. I have received an affidavit from Broadridge Financial Solutions, the company's agent for distribution certifying that the notice of the annual meeting and proxy statement were sent to all shareholders of record as of April 9, 2019. This affidavit is available for inspection by any shareholder. In addition, we are informed by the Inspector of Elections that present at this meeting in person or through representation by proxy that 17,255,838 shares of common stock, representing approximately 84.56 percent of the outstanding shares of common stock of the company as of 8 am Eastern this morning have been voted. Based on the number of shares reported as present at this meeting, I'm happy to report that a quorum exists. I will now review the proposals. The first matter to be voted on is the election of 3 Class 1 Directors, each for a term of 3 years. The nominees for election are Juan Jose Chacon Quiros, Edward Shutter and Nicholas Lewin. The second matter to be voted on is the ratification of the appointment of Markham LLP as the company's independent public accounting firm for the 2019 fiscal year. This concludes the business items on the agenda for this annual meeting. The polls are now closed. I have been informed by the Inspector of Elections that the preliminary vote report shows that a majority of the votes cast at this meeting have been voted in favor of each of the directors nominated to serve as Class 1 Directors of the company and that proposal to receive the requisite vote in favor and was therefore approved by our shareholders. We will be reporting the final voting results in a Form 8 ks to be filed with the SEC within 4 business days. This now concludes the formal business of today's meeting and the formal part of this meeting is hereby adjourned. We'd like to open things up for shareholder questions. We will take shareholder questions that are being entered today on the web portal. Please note, we will attempt to answer as many questions as time allows, but only questions that are germane to the meeting will be addressed. There being no further questions, I'd like to thank all our shareholders participating in this annual meeting for their engagement and their interest in Establishment Labs.