MercadoLibre (MELI) AGM 2026 summary

Opening remarks and agenda

• Chairman and Secretary introduced, with a reminder about forward-looking statements and risk factors.

• Executive Chairman welcomed participants and outlined the leadership transition to a new CEO as of January 1, 2026.

• Agenda included election of directors, advisory vote on executive compensation, and ratification of the independent auditor.

Financial performance review

• Net revenue and financial income grew 42% over the last 12 months, reflecting strong momentum into 2026.

• Unique active buyers reached 126 million, and fintech monthly active users hit 83 million by Q1 2026.

• Nearly 2.7 billion items sold in the last 12 months, with 96% handled by the managed network and 76% delivered within 48 hours.

• Unit shipping costs declined 17% year-over-year in local currency in Q1 2026.

• Credit portfolio grew to nearly $15 billion, supported by disciplined underwriting and improved decision models.

Board and executive committee updates

• Leadership transition completed, with Ariel Szarfsztejn assuming the CEO role and Marcos Galperin continuing as Executive Chairman.

• Board nominees for Class I directors presented: Susan Segal, Stelleo Passos Tolda, and Alejandro Nicolás Aguzin.