MercadoLibre board sets independent director compensation; authorizes $960K annual repurchases

MERCADOLIBRE INC

Independent directors receive $72K cash + $120K restricted stock annually for 2022-2024.
Committee chairs earn additional fees: audit/comp chairs $21.9K, lead director $30K, nominating chair $15K.
Authorized repurchases up to $960K on Aug 8, 2022, and each June 12 in 2023 and 2024 under Rule 10b5-1.
Restricted stock vests at first annual meeting post-grant; forfeitable if director does not complete service year.

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