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6-K 1 dp208307_6k.htm FORM 6-K

 

 

UNITED STATES 

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 6-K

 

REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934

 

For the month of March 2024

 

Commission File Number: 001-39519

 

Vitru Limited

(Exact name of registrant as specified in its charter)

 

Rodovia José Carlos Daux, 5500, Torre Jurerê A,
2nd floor, Saco Grande, Florianópolis, State of
Santa Catarina, 88032-005, Brazil
+55 (47) 3281-9500

(Address of principal executive office)

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:

 

Form 20-F

X

  Form 40-F  

 

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):

 

Yes     No

X

 

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):

 

Yes     No

X

 

 

 

 

 


SIGNATURE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

    Vitru Limited
     
     
      By: /s/ Carlos Henrique Boquimpani de Freitas
        Name: Carlos Henrique Boquimpani de Freitas
        Title: Chief Financial and Investor Relations Officer

Date: March 15, 2024

 

 


 EXHIBIT INDEX

 

Exhibit No. Description
99.1 Proxy Statement
99.2 Form of Proxy Card

 

 

 

 

 

 

EX-99.1 2 dp208307_ex9901.htm EXHIBIT 99.1

Exhibit 99.1

 

 


 

Vitru Limited

c/o Maples Corporate Services Limited

PO Box 309, Ugland House

Grand Cayman

KY1-1104

Cayman Islands

 

PROXY STATEMENT

 

General

 

The board of directors of Vitru Limited (the “Company” or “we”) is soliciting proxies for the extraordinary general meeting of shareholders (the “EGM”) of the Company to be held on April 19, 2024 at 11:00 a.m. (São Paulo time). The EGM will be held at the offices of the Company located at Rodovia José Carlos Daux, 5500, Torre Jurerê A, 2nd floor, Saco Grande, Florianópolis, State of Santa Catarina, 88032-005, Brazil and virtually. However, we strongly encourage shareholders to submit a proxy or, if they wish to attend in person, to participate in the EGM in a virtual form. The Company will also be hosting the meeting live via the Internet. To attend the meeting via the Internet as a shareholder, please visit https://web.lumiconnect.com/224321184 and be sure to have the password and control number indicated on your proxy card available. If you wish to attend the meeting as a guest, please visit https://web.lumiconnect.com/224321184 and follow the instructions provided to attend as a guest (note that participants joining via this method will be logged as observers and will not have the ability to vote or participate).

 

On or about March 15, 2024, we first mailed to our shareholders our proxy materials, including our proxy statement, the notice to shareholders of our EGM and the proxy card, along with instructions on how to vote using the proxy card provided therewith. This proxy statement can also be accessed, free of charge, on the Investor Relations section of the Company’s website at https://investors.vitru.com.br/ and on the website of the U.S. Securities and Exchange Commission (the “SEC”) at https://www.sec.gov.

 

By inserting the control number to be provided to you on your Notice of Internet Availability of Proxy Materials or proxy card at www.voteproxy.com for registered shareholders and at www.proxyvote.com for street shareholders, you will have instructions on how to access our proxy materials, and on how to vote via the Internet, mobile device or by proxy card. If you own shares in street name, meaning that your shares are held by a bank, brokerage firm, or other nominee, you may also instruct that institution on how to vote your shares.

 

Merger of the Company with and intro Vitru Brazil

 

As further detailed in the registration statement on Form F-4 (File No. 333-274353) (the “Registration Statement”) filed with the SEC by the Company’s wholly-owned subsidiary, Vitru Brasil Empreendimentos, Participações e Comércio S.A., a Brazilian corporation (sociedade anônima) (“Vitru Brazil”), and made available on the Investor Relations section of the Company’s website at https://investors.vitru.com.br/ and on the SEC’s website at https://www.sec.gov, our board of directors approved a corporate restructuring proposal, subject to the approval of our shareholders. If approved, the proposal would merge the Company into its wholly-owned subsidiary Vitru Brazil, pursuant to which Vitru Brazil would be the surviving entity and would become the new holding company for the Vitru group (the “Merger”). Pursuant to the Merger and subject to requisite shareholders’ approval, shareholders of the Company will receive four Vitru Brazil common shares (“Vitru Brazil Shares”) for each common share of the Company (“Common Shares”) that they hold, provided however, that each holder of Common Shares will receive, in lieu of Vitru Brazil Shares, four common shares to be represented by American Depositary Shares (“Vitru Brazil ADSs”), each representing one Vitru Brazil Share, for each Common Share that they hold to the extent that they do not make a valid election and take such other necessary steps to receive Vitru Brazil Shares. As such, Vitru Brazil ADSs are the default merger consideration to be issued to holders of Common Shares unless such holders affirmatively elect to receive Vitru Brazil Shares. As a result, the share ownership of Vitru Brazil would be the same as the share ownership in the Company immediately prior to the completion of the transaction.

 

 


Vitru Brazil intends to list its common shares under the Novo Mercado segment of B3 S.A. - Brasil, Bolsa, Balcão. If the Merger is completed, the common shares of the Company are expected to be delisted from the Nasdaq Global Select Market and deregistered under the U.S. Securities Exchange Act of 1934, as amended. Vitru Brazil does not intend to list the Vitru Brazil ADSs on any stock exchange and intends to terminate the Vitru Brazil ADS program 60 days after the completion of the Merger.

 

Record Date, Share Ownership and Quorum

 

Only the holders of record of our Common Shares as at the close of business on March 8, 2024, Eastern Time (the “Record Date”) are entitled to receive notice of and attend the EGM and any adjournment thereof. No person shall be entitled to vote at the EGM unless it is registered as a shareholder of the Company on the Record Date for the EGM.

 

As of the close of business on the Record Date, 33,543,107 Common Shares were issued and outstanding. A quorum for a general meeting consists of any one or more persons holding or representing by proxy not less than one-third of the aggregate voting power of all shares in issue and entitled to vote.

 

Voting and Solicitation

 

Each Common Share issued and outstanding as of the close of business on the Record Date is entitled to one vote at the EGM. The resolution with respect to Proposal 1 to be put to the vote at the EGM will be approved by special resolution (i.e. a two-thirds majority of the votes cast, by or on behalf of, the shareholders attending and voting at the EGM). The resolution with respect to Proposal 2 to be put to the vote at the EGM, will be approved by an ordinary resolution (i.e. a simple majority of the votes cast, by or on behalf of, the shareholders attending and voting at the EGM).

 

Voting by Holders of Common Shares

 

Common Shares that are properly voted, for which proxy cards are properly executed and returned within the deadline set forth below, will be voted at the EGM in accordance with the directions given. If no specific instructions are given in such proxy cards, the proxy holder will vote in favor of the item(s) set forth in the proxy card. The proxy holder will also vote in the discretion of such proxy holder on any other matters that may properly come before the EGM, or at any adjournment thereof. Where any holder of Common Shares affirmatively abstains from voting on any particular resolution, the votes attaching to such Common Shares will not be included or counted in the determination of the number of Common Shares present and voting for the purposes of determining whether such resolution has been passed (but they will be counted for the purposes of determining the quorum, as described above).

 

Proxies submitted by registered shareholders and street shareholders (by returning the proxy card) must be received by us no later than 11:59 p.m., Eastern Time, on April 18, 2024, to ensure your representation at our EGM.

 

The manner in which your shares may be voted depends on how your shares are held. If you own shares of record, meaning that your shares are represented by book entries in your name so that you appear as a shareholder on the records of Equiniti Trust Company, LLC (“Equiniti”) (i.e., you are a registered shareholder), our stock transfer agent, this proxy statement, the notice of EGM and the proxy card will be mailed to you by Equiniti. You may provide voting instructions by returning a proxy card. You also may attend the EGM and vote in person, subject to our above request that, if you wish to attend in person, you do so virtually. If you own Common Shares of record and you do not vote by proxy or in person at the EGM, your shares will not be voted.

 

If you own shares in street name (i.e., you are a street shareholder), meaning that your shares are held by a bank, brokerage firm, or other nominee, you are then considered the “beneficial owner” of shares held in “street name,” and as a result, this proxy statement, the notice of EGM, which consists of the prospectus included in the Registration Statement, and the proxy card will be provided to you by your bank, brokerage firm, or other nominee holding the shares. You may provide voting instructions to them directly by returning a voting instruction form received from that institution. If you own Common Shares in street name and attend the EGM, you must obtain a “legal proxy” from the bank, brokerage firm, or other nominee that holds your shares in order to vote your shares at the meeting and present your voting information card.

 

Revocability of Proxies

 

Registered shareholders may revoke their proxy or change voting instructions before shares are voted at the EGM by submitting a written notice of revocation to our Investor Relations Department at ir@vitru.com.br and juridicosocietario@uniasselvi.com.br, or a duly executed proxy bearing a later date (which must be received by us no later than the date set forth below) or by attending the EGM and voting in person.

 

 


A beneficial owner owning Common Shares in street name may revoke or change voting instructions by contacting the bank, brokerage firm, or other nominee holding the shares or by obtaining a legal proxy from such institution and voting in person at the EGM. If you are not planning to attend in person our EGM, to ensure your representation at our EGM, revocation of proxies submitted by registered shareholders and street shareholders (by returning a proxy card) must be received by us no later than 11:59 p.m., Eastern Time, on April 18, 2024.

 

PROPOSAL 1:

 

APPROVAL OF THE MERGER PROPOSAL

 

The Company seeks shareholder authorization, approval and adoption of the Merger and Justification Protocol (the “Merger Protocol”) and the Plan of Merger (the “Plan of Merger” and, together with the Merger Protocol, the “Merger Documents”), each to be entered into by and among Vitru Brazil and the Company, forms of which are included as exhibits to the registration statement on Form F-4 filed with the U.S. Securities and Exchange Commission, or the “SEC,” by Vitru Brazil (File No. 333-274353) (the “Registration Statement”); and shareholder authorization, approval and adoption of the merger of the Company with and into Vitru Brazil (the “Merger”) with Vitru Brazil surviving the Merger, in accordance with the terms and subject to the conditions of the Merger Documents as more fully described in the Registration Statement (the “Merger Proposal”).

 

Pursuant to the Articles of Association of the Company, such approval requires a special resolution passed by a majority of at least two-thirds of the shareholders voting in person or by proxy at the EGM. If proxies are properly submitted by signing, dating and returning a proxy card, Common Shares represented thereby will be voted in the manner specified therein. If not otherwise specified, and the proxy card is signed, Common Shares represented by the proxies will be voted in favor of this proposal.

 

THE BOARD OF DIRECTORS RECOMMENDS A VOTE “FOR” THE APPROVAL OF THE MERGER PROPOSAL

 

PROPOSAL 2

 

APPROVAL OF THE ADJOURNMENT PROPOSAL

 

The Company seeks shareholder approval of the adjournment of this EGM to a later date or dates, if necessary, to permit further solicitation and vote of proxies in the event that there are insufficient votes for the approval of the other proposal at this EGM (the “Adjournment Proposal”).

 

The affirmative vote by the holders of a simple majority of the votes cast, by or on behalf of, the shareholders attending and voting at the EGM is required for this proposal. If proxies are properly submitted by signing, dating and returning a proxy card, Common Shares represented thereby will be voted in the manner specified therein. If not otherwise specified, and the proxy card is signed, Common Shares represented by the proxies will be voted in favor of this proposal.

 

THE BOARD OF DIRECTORS RECOMMENDS A VOTE “FOR” THE APPROVAL OF THE ADJOURNMENT PROPOSAL

 

Company Information

 

A copy of this proxy statement, can be accessed, free of charge, on the Investor Relations section of the Company's website at https://investors.vitru.com.br/.

 

Other Matters

 

We know of no other matters to be submitted to the EGM. If any other matters properly come before the EGM, it is the intention of the persons named in the enclosed form of proxy to vote the Common Shares they represent as the board of directors may recommend.

 

  By Order of the Board of Directors,

Dated: March 15, 2024

 


Important Notice Regarding the Availability of Proxy Materials for the Vitru Limited Extraordinary General Meeting to be Held on April 19, 2024

 

Our proxy statement can be accessed, free of charge, on the Investor Relations section of the Company’s website at https://investors.vitru.com.br/.

 

By inserting the control number to be provided to you on your Notice of Internet Availability of Proxy Materials or proxy card at www.voteproxy.com for registered shareholders and at www.proxyvote.com for street shareholders, you will have instructions on how to access our proxy materials, and on how to vote via the Internet, mobile device or by proxy card. If you own shares in street name, meaning that your shares are held by a bank, brokerage firm, or other nominee, you may also instruct that institution on how to vote your shares.

 

 


NOTES

 

IF YOU HAVE EXECUTED A STANDING PROXY, YOUR STANDING PROXY WILL BE VOTED AS INDICATED IN NOTE 2 BELOW, UNLESS YOU ATTEND THE EGM IN PERSON OR SEND IN A SPECIFIC PROXY.

 

1 A proxy need not be a shareholder of the Company. A shareholder entitled to attend and vote at the EGM is entitled to appoint one or more proxies to attend and vote in his/her stead.

 

2 Any standing proxy previously deposited by a shareholder with the Company will be voted in favour of the resolutions to be proposed at the EGM unless revoked prior to the EGM or the shareholder attends the EGM in person.

 

3 If two or more persons are jointly registered as holders of a Common Share, the vote of the senior person who tenders a vote, whether in person or by proxy, shall be accepted to the exclusion of the votes of other joint holders. For this purpose, seniority shall be determined by the order in which the names stand on the Company's register of shareholders in respect of the relevant Common Shares.

 

4 A shareholder holding more than one Common Share entitled to attend and vote at the EGM need not cast the votes in respect of such Common Shares in the same way on any resolution and therefore may vote a Common Share or some or all such Common Shares either for or against a resolution and/or abstain from voting a Common Share or some or all of the Common Shares and, subject to the terms of the instrument appointing any proxy, a proxy appointed under one or more instruments may vote a Common Share or some or all of the Common Shares in respect of which he is appointed either for or against a resolution and/or abstain from voting.

 

5 No business shall be transacted at the EGM unless a quorum is present. As set out in the Articles of Association of the Company, a quorum for a general meeting consists of any one or more persons holding or representing by proxy not less than one-third of the aggregate voting power of all Common Shares in issue and entitled to vote. No person shall be entitled to vote at the EGM unless he is registered as a shareholder of the Company on the record date for the EGM nor unless all calls or other sums presently payable by him in respect of such Common Shares have been paid.

 

 

 

EX-99.2 3 dp208307_ex9902.htm EXHIBIT 99.2

Exhibit 99.2

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

----------------- - 0 VITRU LIMITED Proxy for Extraordinary General Meeting of Shareholders on April 19, 2024 Solicited on Behalf of the Board of Directors I/We______________________________________________________________________ Please Print Name(s) of ________________________________________________________________________ Please Print Address(es) being (a) shareholder(s) of the Company hereby appoint ___________________________________ of ____________________________________ or failing him/her ___________________________________ of ____________________________________ or failing him/her the duly appointed chairman of the Meeting (the “Chairman”), with full power of substitution and power to act alone, as proxies to vote all the Common Shares which the undersigned would be entitled to vote if personally present and acting at the Extraordinary General Meeting of Shareholders of Vitru Limited (the “Company”), to be held on April 19 , 2024 at 11 : 00 am (São Paulo Time) at the offices of the Company located at Rodovia José Carlos Daux, 5500 , Torre Jurerê A, 2 nd floor, Saco Grande, Florianópolis, State of Santa Catarina, 88032 - 005 , Brazil, and virtually, and at any adjournments or postponements thereof, as follows : (Continued and to be signed on the reverse side) 1 .

 


1 14475 EXTRAORDINARY GENERAL MEETING OF SHAREHOLDERS OF VITRU LIMITED NOTICE OF INTERNET AVAILABILITY OF PROXY MATERIALS : The Notice of Meeting, which consists of the Prospectus included in the Registration Statement, proxy statement and proxy car d are available at https://investors.vitru.com.br/ Please sign, date and mail your proxy card in the envelope provided as soon as possible. x Please detach along perforated line and mail in the envelope provided. 00030000000300001000 7 041924 THE BOARD OF DIRECTORS RECOMMENDS A VOTE "FOR" PROPOSALS 1 AND 2. PLEASE SIGN, DATE AND RETURN PROMPTLY IN THE ENCLOSED ENVELOPE. PLEASE MARK YOUR VOTE IN BLUE OR BLACK INK AS SHOWN HERE April 19, 2024 GO GREEN e - Consent makes it easy to go paperless . With e - Consent, you can quickly access your proxy material, statements and other eligible documents online, while reducing costs, clutter and paper waste . Enroll today via https : //equiniti . com/us/ast - access to enjoy online access . 1 . Resolution : To resolve, as a special resolution, that the Merger and Justification Protocol and the Plan of Merger, each to be entered into by and among Vitru Brasil Empreendimentos, Participações e Comércio S . A . , a corporation ( sociedade anônima ) incorporated under the laws of Brazil, or “Vitru Brazil,” and the Company, or the “Merger Protocol” and the “Plan of Merger,” respectively and together the “Merger Documents,” forms of which are included as Exhibits to the registration statement on Form F - 4 filed with the U . S . Securities and Exchange Commission, or the “SEC,” by Vitru Brazil (File No . 333 - 274353 ), or the “Registration Statement,” be and are hereby authorized, approved and adopted in all respects ; and that the merger of the Company with and into Vitru Brazil, or the “Merger,” with Vitru Brazil surviving the Merger, in accordance with the terms and subject to the conditions of the Merger Documents as more fully described in the Registration Statement be and is hereby approved . FOR AGAINST ABSTAIN YOU ARE ENCOURAGED TO SPECIFY YOUR CHOICES BY MARKING THE APPROPRIATE BOXES . WHERE A CHOICE IS NOT SPECIFIED, THE PROXIES WILL VOTE YOUR SHARES IN ACCORDANCE WITH THE BOARD OF DIRECTORS' RECOMMENDATIONS . If you do not complete this section, your proxy will vote or abstain at his/her discretion, as he/she will on any other business that may be raised at the EGM. Notice is hereby given that an Extraordinary General Meeting of the Company (the "EGM") will be held virtually and at the offices of the Company located at Rodovia José Carlos Daux, 5500, Torre Jurerê A, 2nd floor, Saco Grande, Florianópolis, State of Santa Catarina on April 19, 2024 at 11:00 am (São Paulo time). Whether or not you plan to attend the EGM in person, please promptly complete, date, sign and return the enclosed personalised proxy card attached to this Notice in the enclosed, pre - addressed envelope provided for that purpose so that your vote is received before 11:59 PM (Eastern Time) on April 18, 2024. EMAIL - proxy@astfinancial.com FAX - 718 - 765 - 8730 FOR AGAINST ABSTAIN 2 . Resolution : To resolve, as an ordinary resolution, that this extraordinary general meeting of the shareholders of the Company be adjourned to a later date or dates, if necessary, to permit further solicitation and vote of proxies in the event that there are insufficient votes for the approval of the other proposal at this extraordinary general meeting of the shareholders of the Company . MARK “X” HERE IF YOU PLAN TO ATTEND THE MEETING. To change the address on your account, please check the box at right and indicate your new address in the address space above . Please note that changes to the registered name(s) on the account may not be submitted via this method . Signature of Shareholder Date: Signature of Shareholder Date: Note: Please sign exactly as your name or names appear on this Proxy. When shares are held jointly, each holder should sign. When signing as executor, administrator, attorney, trustee or guardian, please give full title as such. If the signer is a corporation, please sign full corporate name by duly authorized officer, giving full title as such. If signer is a partnership, please sign in partnership name by authorized person.

 


PROXY VOTING INSTRUCTIONS x Please detach along perforated line and mail in the envelope provided IF you are not voting via telephone or the Internet. 00030000000300001000 7 041924 THE BOARD OF DIRECTORS RECOMMENDS A VOTE "FOR" PROPOSALS 1 AND 2. PLEASE SIGN, DATE AND RETURN PROMPTLY IN THE ENCLOSED ENVELOPE. PLEASE MARK YOUR VOTE IN BLUE OR BLACK INK AS SHOWN HERE COMPANY NUMBER ACCOUNT NUMBER EXTRAORDINARY GENERAL MEETING OF SHAREHOLDERS OF VITRU LIMITED April 19, 2024 NOTICE OF INTERNET AVAILABILITY OF PROXY MATERIALS : The Notice of Meeting, which consists of the Prospectus included in the Registration Statement, proxy statement and proxy car d are available at https://investors.vitru.com.br/ INTERNET - Access “ www . voteproxy . com ” and follow the on - screen instructions or scan the QR code with your smartphone . Have your proxy card available when you access the web page . TELEPHONE - Call toll - free 1 - 800 - PROXIES ( 1 - 800 - 776 - 9437 ) in the United States or 1 - 201 - 299 - 4446 from foreign countries from any touch - tone telephone and follow the instructions . Have your proxy card available when you call . Vote online/phone until 11 : 59 PM EST on April 18 , 2024 . MAIL - Sign, date and mail your proxy card in the envelope provided as soon as possible . VIRTUALLY AT THE MEETING - The meeting will be hosted live via the Internet this year . To attend the meeting via the Internet please visit https : //web . lumiconnect . com/ 224321184 (password : vitru 2024 ) and be sure to have available the control number . IN PERSON - You may vote your shares in person by attending the Extraordinary General Meeting . GO GREEN - e - Consent makes it easy to go paperless . With e - Consent, you can quickly access your proxy material, statements and other eligible documents online, while reducing costs, clutter and paper waste . Enroll today via https : //equiniti . com/us/ast - access to enjoy online access . YOU ARE ENCOURAGED TO SPECIFY YOUR CHOICES BY MARKING THE APPROPRIATE BOXES . WHERE A CHOICE IS NOT SPECIFIED, THE PROXIES WILL VOTE YOUR SHARES IN ACCORDANCE WITH THE BOARD OF DIRECTORS' RECOMMENDATIONS . If you do not complete this section, your proxy will vote or abstain at his/her discretion, as he/she will on any other business that may be raised at the EGM. Notice is hereby given that an Extraordinary General Meeting of the Company (the "EGM") will be held virtually and at the offices of the Company located at Rodovia José Carlos Daux, 5500, Torre Jurerê A, 2nd floor, Saco Grande, Florianópolis, State of Santa Catarina on April 19, 2024 at 11:00 am (São Paulo time). Whether or not you plan to attend the EGM in person, please promptly complete, date, sign and return the enclosed personalised proxy card attached to this Notice in the enclosed, pre - addressed envelope provided for that purpose so that your vote is received before 11:59 PM (Eastern Time) on April 18, 2024. EMAIL - proxy@astfinancial.com FAX - 718 - 765 - 8730 1 . Resolution : To resolve, as a special resolution, that the Merger and Justification Protocol and the Plan of Merger, each to be entered into by and among Vitru Brasil Empreendimentos, Participações e Comércio S . A . , a corporation ( sociedade anônima ) incorporated under the laws of Brazil, or “Vitru Brazil,” and the Company, or the “Merger Protocol” and the “Plan of Merger,” respectively and together the “Merger Documents,” forms of which are included as Exhibits to the registration statement on Form F - 4 filed with the U . S . Securities and Exchange Commission, or the “SEC,” by Vitru Brazil (File No . 333 - 274353 ), or the “Registration Statement,” be and are hereby authorized, approved and adopted in all respects ; and that the merger of the Company with and into Vitru Brazil, or the “Merger,” with Vitru Brazil surviving the Merger, in accordance with the terms and subject to the conditions of the Merger Documents as more fully described in the Registration Statement be and is hereby approved . FOR AGAINST ABSTAIN FOR AGAINST ABSTAIN 2 . Resolution : To resolve, as an ordinary resolution, that this extraordinary general meeting of the shareholders of the Company be adjourned to a later date or dates, if necessary, to permit further solicitation and vote of proxies in the event that there are insufficient votes for the approval of the other proposal at this extraordinary general meeting of the shareholders of the Company . MARK “X” HERE IF YOU PLAN TO ATTEND THE MEETING. To change the address on your account, please check the box at right and indicate your new address in the address space above . Please note that changes to the registered name(s) on the account may not be submitted via this method . Signature of Shareholder Date: Signature of Shareholder Date: Note: Please sign exactly as your name or names appear on this Proxy. When shares are held jointly, each holder should sign. When signing as executor, administrator, attorney, trustee or guardian, please give full title as such. If the signer is a corporation, please sign full corporate name by duly authorized officer, giving full title as such. If signer is a partnership, please sign in partnership name by authorized person.