MELI MercadoLibre Inc.

Notice of Right to Convert

Notice of Right to Convert

MercadoLibre, Inc.

2.00% Convertible Senior Notes due 2028

CUSIP [58733RAD4]

BUENOS AIRES, Argentina, July 03, 2020 (GLOBE NEWSWIRE) -- NOTICE IS HEREBY GIVEN, pursuant to Section 14.01(b)(iv) of the Indenture, dated as of August 24, 2018 (the “Indenture”), by and between MercadoLibre, Inc. (the “Company”) and Wilmington Trust, National Association, as trustee, that the above-referenced notes (the “Notes”) have become convertible in accordance with said section, and may be surrendered for conversion at the option of the Holder thereof, through September 30, 2020, as a result of the Last Reported Sale Price of the Company’s Common Stock being more than 130% of the Conversion Price in effect on each applicable Trading Day during at least 20 of the last 30 consecutive Trading Days of the calendar quarter ended June 30, 2020.

Capitalized terms used in this Notice and not otherwise defined herein have the meanings given to them in the Indenture.

MERCADOLIBRE, INC.

Dated: July 1st, 2020

The CUSIP number is included herein solely for the convenience of the registered owners of the Notes. No representation is made as to the correctness or accuracy of the CUSIP number either as appearing on the Notes or on this notice.

CONTACT: MercadoLibre, Inc.

Investor Relations

EN
03/07/2020

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Reports on MercadoLibre Inc.

Matthew Weiss ... (+2)
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2Q25 Postmortem: Sentiment Guide Following Results

Following 2Q results, momentum seems most favorable for the companies below:META (Outperform) - While sentiment was already elevated ahead of the print, 2Q results were strong and guidance for 3Q was encouraging, with expectations for revenue growth ahead of initial St. estimates by ~700bps. Additi

Josseline Jenssen ... (+2)
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Lucror Analytics - Morning Views Latam

In today's Morning Views publication we comment on developments of the following high yield issuers: Brava Energia, MercadoLibre, CSN

Matthew Weiss ... (+2)
  • Matthew Weiss
  • Scott Devitt

Investing in Brazil; Outperform, $2,700 PT

Figure 1. 2Q25 Results vs. ExpectationsSource: Company reports, Wedbush estimates, Visible Alpha consensusMercadoLibre delivered mixed results in 2Q. GMV of $15.3B (+20.6% Y/Y) was ahead of consensus of $15.0B (+18.8% Y/Y) and our $14.5B (+14.6% Y/Y) estimate. Total units sold increased +30.6% Y/Y

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