6-K
BETTERWARE DE MEXICO, S.A.P.I. DE C.V (BWMX)
UNITEDSTATES
SECURITIESAND EXCHANGE COMMISSION
Washington,D.C. 20546
FORM6-K
REPORTOF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16
UNDERTHE SECURITIES EXCHANGE ACT OF 1934
February 2, 2021
Commission File Number: 001-39251
BETTERWAREDE MÉXICO, S.A.B. DE C.V.
(Name of Registrant)
LuisEnrique Williams 549
ColoniaBelenes Norte
Zapopan,Jalisco, 45145, México
+52(33) 3836-0500
(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 ☒ 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): ☐
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): ☐
RELEVANTINFORMATION
Betterware de Mexico, S.A.B. de C.V. (Nasdaq: BWMX) (“Betterware”) announces the First Summon to a General Ordinary Shareholders’ Meeting, to be held on February 18, 2021.
The purpose of this Report on Form 6-K is to furnish a free English translation of the Shareholders’ Meeting Agenda and of the form of Power of Attorney that shareholders can use to be represented at the meeting.
InvestorRelations Contacts
Investor Relations
ir@better.com.mx
+52 (33) 3836 0500
AboutBetterware
Founded in 1995, Betterware is a direct-to-consumer company in Mexico. Betterware is focused on the home solutions and organization segment, with a wide product portfolio for daily solutions including organization, kitchen and food preservation containers, smart furniture, among others. Betterware has a distribution network of over 500,000 active distributors and associates, who serve approximately 3,000,000 households in more than 800 communities throughout Mexico. Its main distribution center is located in Guadalajara, Mexico.
1
SIGNATURES
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.
| BETTERWARE DE MÉXICO, S.A.B. DE C.V. | ||
|---|---|---|
| By: | /s/<br> Luis Campos | |
| Name: | Luis Campos | |
| Title: | Board Chairman | |
| Date:<br>February 2, 2021 |
2
Exhibit Index
| Exhibit No. | Description |
|---|---|
| 99.1 | Agenda for the General Ordinary Shareholders Meeting |
| 99.2 | Form of Power of Attorney |
3
Exhibit99.1
GENERALORDINARY SHAREHOLDERS’ MEETING
The undersigned, as Secretary of Betterware de México S.A.B. de C.V. (the “Company”), pursuant to Clause Thirtieth of the Company’s bylaws, and in accordance with article 183 (one hundred and eighty-three), 186 (one hundred and eighty-six), 187 (one hundred and eighty-seven) and other relevant provisions of the General Law of Commercial Companies (LeyGeneral de Sociedades Mercantiles), hereby summons the shareholders of the Company, in first call, to a General Ordinary Shareholders’ Meeting of the Company, which will take place on February 18, 2021 at 3:00 p.m., on the Company’s offices located at Luis Enrique Williams 549, Colonia Belenes Norte, Zapopan, Jalisco, 45145, Mexico (the “Meeting”), to address the items contained in the following:
Agenda
| 1. | Presentation, discussion, amendment, and in its case, approval of the annual management report referred to article 28, section IV, subsection e) of the Securities Market Law and article 172 subsection b) of the General Law of Commercial Companies, for the fiscal year from January 1, 2020 to December 31, 2020. |
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| 2. | Presentation, discussion, amendment, and in its case, approval of the annual reports by the Audit and Corporate Practices Committee, for the fiscal year from January 1, 2020 to December 31, 2020. |
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| 3. | Report on compliance with the tax obligations of the Company during the fiscal year from January 1, 2020 to December 31, 2020. |
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| 4. | Presentation, discussion, amendment, and in its case, approval of the Company’s audited and consolidated financial statements for the fiscal year from January 1, 2020 to December 31, 2020, including the report of the Company’s external auditor. |
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| 5. | Discussion, and in its case, approval of the acknowledgement of the reallocation of the accumulated amount in premium for subscription of shares, within the accumulated results of the 2020 financial year. |
| --- | --- |
| 6. | Discussion, and in its case, approval of a dividend payment. |
| --- | --- |
| 7. | Appointment, and in its case, ratification of the appointments of the members of the Board of Directors. |
| --- | --- |
| 8. | Appointment, and in its case, ratification of the appointments of the Chairman and members of the Company’s Audit and Corporate Practices Committee. |
| --- | --- |
| 9. | Discussion, and in its case, determination of the emoluments corresponding to the members of the Board of Directors and members of the Company’s Audit and Corporate Practices Committee. |
| --- | --- |
| 10. | Appointment of special delegates to formalize the resolutions adopted in the Meeting. |
| --- | --- |
The shareholders of the Company, in order to have the right to attend the Meeting, shall obtain an admission pass, that will be issued and delivered by the Secretary of the Board of Directors of the Company in the address indicated herein, until and including, the fourth business day prior to the Meeting, in accordance with the following terms:
| a. | The<br> shareholders must be duly recorded, either in the Stock Registry Book of the Company, or provide other proof of ownership<br> of Company shares or the corresponding certificates in accordance with articles 290 and 293 of the Securities Market Law (Ley del Mercado de Valores) the Company’s by-laws, through the depositary certificates issued by a deposit institution<br> in which the shares owned by the shareholders are deposited. The Shareholder Registry will be closed three working days prior<br> to the date set for the Meeting and inclusive of the date of the Meeting. |
|---|---|
| b. | The<br> shareholders holding physical certificates will be required to deposit the share certificates mentioned in item (a) above,<br> at the Company’s offices. If shares are held through a deposit institution, national or foreign, shareholders will be required<br> to deliver to Secretary of the Board of Directors of the Company the receipts of deposit issued by the institution that holds<br> the securities on behalf of such shareholder. |
| --- | --- |
| c. | Shareholders<br> may attend the Meeting personally or through duly authorized representative(s), appointed in terms of a form of power of attorney<br> granted pursuant to subsection III of Article 49 of the Securities Market Law, or any other form of representation in accordance<br> with applicable Law. A form for such purposes is attached. Shareholders will also have to provide proof of ownership mentioned<br> in item (b) above. Both documents should be sent by electronic mail to the following address: Reynaldo.Vizcarra-Mendez@bakermckenzie.com. |
| d. | Beneficial<br> owners whose shares are registered in the name of a broker, dealer, commercial bank, trust company or other nominee are reminded<br> that such financial to obtain an admission pass, they shall present a list issued by such intermediary containing the names,<br> addresses, nationalities and number of shares of the shareholders that they will represent at the Meeting, duly executed by<br> the corresponding officer in charge of issuing such list. |
The shares deposited at the Company by the shareholders before the Secretary of the Board of Directors of the Company, for the purposes of attending the Meeting shall be returned when the Meeting has ended.
The forms of power of attorney, admission passes and supporting documentation that will be used as basis to address the items listed in the Agenda, will be available to the shareholders at the offices of the Secretary of the Company as of this date during business days between: 9:00 and 14:00 hours and from 16:00 to 18:00 hours; as well as electronically upon written request sent to the following address: Reynaldo.Vizcarra-Mendez@bakermckenzie.com
Appropriate measures to maintain the prevention protocols considering the sanitary contingency will be adopted and the space where the Meeting will be held will be ample enough for attendees to maintain proper distance.
If any legal provision is enacted that may result in changes to this summon, it will be communicated in due course.
February 1, 2021
[SIGNATURE]
_____________________________
Reynaldo Vizcarra Méndez
Secretary of the Company
WE REQUEST TO ALL FINANCIAL INTERMEDIARIES, THEIR SPECIAL COLLABORATION AND SUPPORT IN ORDER TO ACHIEVE AS SOON AS POSSIBLE AND IN THE LARGEST POSSIBLE NUMBER, THE RECEPTION OF REQUESTS FOR THE ISSUANCE OF THE ADMISSION PASSES, IN TERMS OF THE PROCEDURE PREVIOUSLY OUTLINED, THE FOREGOING IN ORDER TO BE ABLE TO CARRY OUT THE SHAREHOLDERS’ MEETING SUCCESSFULLY AND ALLOW THE SHAREHOLDERS TO EXERCISE THEIR CORPORATE RIGHTS AT THE MEETING.
ATTACHED YOU WILL FIND A FORM POWER OF ATTORNEY THAT CAN BE USED BY SHAREHOLDER TO BE REPRESENTED AT THE MEETING. AN ORIGINAL FORM SHOULD BE FILLED IN AND EXECUTED BOTH IN SPANISH AND ENGLISH LANGUAGES, ACCOMPANIED BY THE DOCUMENTS EVIDENCING THE OWNERSHIP OF SHARES AS DESCRIBED ABOVE SHOULD BE SENT TO THE FOLLOWING ELECTRONIC MAIL ADDRESS REYNALDO.VIZCARRA-MENDEZ@BAKERMCKENZIE.COM AND SUBMITTED PURSUANT TO THE TERMS OF THE MEETING CALL ALSO DESCRIBED ABOVE.”
Exhibit99.2
Form of Power of Attorney
Carta Poder / Proxy Letter
| ____________________________<br> (la “Poderdante”), por medio de la presente carta otorgo un poder<br> especial pero tan amplio como sea requerido, en favor de _______________________________________________<br> y __________________________________ (los “Apoderados”) para que,<br> conjunta o separadamente, cualquiera de ellos asista a la Asamblea General Ordinaria<br> de Accionistas de Betterware de Mexico S.A.B. de C.V. (la “Sociedad”),<br> que se celebrará el ___ de __________ de 2021, en la cual los accionistas de la<br> Sociedad resolverán los siguientes puntos del Orden del Día; y voten en<br> el sentido que se señala a continuación, en dicha Asamblea ________ (____________________)<br> acción(es) que de dicha Sociedad la Poderdante es titular: | _________________________________<br> (the “Principal”), hereby grants a special power of attorney as broad<br> as it may be required, in favor of __________________________________________ and _____________________________________<br> (the “Attorneys-in-Fact”) so that, either jointly or individually,<br> any of them attends the General Ordinary Shareholders Meeting of Betterware de Mexico<br> S.A.B. de C.V. (the “Company”), to be held on _________, 2021, through<br> which the shareholders of the Company will resolve the matters contained in the following<br> Agenda; and vote in the manner set forth below, in such Meeting ___________(___________________)<br> share(s) owned by the Principal: | ||||||
|---|---|---|---|---|---|---|---|
| Orden<br> del Día de la Asamblea Ordinaria de Accionistas | Agenda<br> for the General Ordinary Shareholders Meeting | ||||||
| A<br> favor | En<br> contra | Abstención | In<br> favor | Against | Abstention | ||
| --- | --- | --- | --- | --- | --- | --- | --- |
| I. Presentación,<br> discusión, modificación, y en su caso, aprobación del informe anual<br> del Consejo de Administración, a que se refiere el inciso e) de la fracción<br> IV del artículo 28 de la Ley del Mercado de Valores y el artículo 172 inciso<br> b) de la Ley General de Sociedades Mercantiles, por el ejercicio social comprendido del<br> 1 de enero de 2020 al 31 de diciembre de 2020. | I.<br> Presentation, discussion, amendment, and in its case, approval of the annual management report referred to article 28,<br> section IV, subsection e) of the Securities Market Law and article 172 subsection b) of the General Law of Commercial<br> Companies, for the fiscal year from January 1, 2020 to December 31, 2020. | ||||||
| II. Presentación,<br> discusión, modificación, y en su caso, aprobación del informe anual<br> por parte del Comité de Auditoría y Prácticas Societarias por el<br> ejercicio social comprendido del 1 de enero de 2020 al 31 de diciembre de 2020. | II. Presentation,<br> discussion, amendment, and in its case, approval of the annual reports by the Audit and Corporate Practices Committee, for<br> the fiscal year from January 1, 2020 to December 31, 2020. | ||||||
| III. Informe<br> sobre el cumplimiento de las obligaciones fiscales a cargo de la Sociedad durante el<br> ejercicio social comprendido del 1 de enero de 2020 al 31 de diciembre de 2020. | III. Report<br> on compliance with the tax obligations of the Company during the fiscal year from January 1, 2020 to December 31, 2020. | ||||||
| IV. Presentación,<br> discusión, modificación, y en su caso, aprobación de los estados<br> financieros auditados y consolidados de la Sociedad con motivo del ejercicio social comprendido<br> del 1 de enero de 2020 al 31 de diciembre de 2020, incluyendo el reporte del auditor<br> externo de la Sociedad. | IV.<br> Presentation, discussion, amendment, and in its case, approval of the Company’s audited and consolidated financial<br> statements for the fiscal year from January 1, 2020 to December 31, 2020, including the report of the Company’s<br> external auditor. | ||||||
| --- | --- | ||||||
| V. Discusión,<br> y en su caso, aprobación del reconocimiento de la reasignación del monto acumulado en prima por emisión<br> de acción, dentro de los resultados del ejercicio 2020. | V. Discussion,<br> and in its case, approval of the acknowledgement of the reallocation of the accumulated amount in premium for subscription<br> of shares, within the accumulated results of the 2020 financial year. | ||||||
| VI. Discusión,<br> y en su caso, aprobación del pago de dividendos. | VI. Discussion,<br> and in its case, approval of dividends payment. | ||||||
| VII. Designación,<br> y en su caso, ratificación de los nombramientos de los miembros del Consejo de Administración. | VII. Appointment,<br> and in its case, ratification of the appointments of the members of the Board of Directors. | ||||||
| VIII. Designación,<br> y en su caso, ratificación de los nombramientos del Presidente y los miembros del Comité de Auditoría<br> y Prácticas Societarias de la Sociedad. | VIII. Appointment,<br> and in its case, ratification of the appointments of the Chairman and members of the Company’s Audit and Corporate Practices<br> Committee. | ||||||
| IX. Discusión,<br> y en su caso, determinación de los emolumentos correspondientes a los miembros<br> del Consejo de Administración y miembros del Comité de Auditoría<br> y Prácticas Societarias de la Sociedad. | IX. Discussion,<br> and in its case, determination of the emoluments corresponding to the members of the Board of Directors and members of the<br> Company’s Audit and Corporate Practices Committee. | ||||||
| X. Designación<br> de delegados especiales para formalizar las resoluciones adoptadas en la Asamblea. | X. Appointment<br> of special delegates to formalize the resolutions adopted in the Meeting. | ||||||
| El<br> Poderdante ratifica desde ahora los actos que realicen los Apoderados en el ejercicio legal de este mandato. | The<br> Principal hereby ratifies the acts the Attorneys-in-fact may conduct in the legal exercise of this mandate. | ||||||
| --- | --- |
_____ de __________ de 2021 / ___________________, 2021
______________________________
Por/By: ______________________________
Cargo/Title: ______________________________
Testigos/Witnesses
| Name: | Name: |
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