STOCK TITAN

Bladex (NYSE: BLX) shareholders approve name change and key proposals

(Neutral)
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

Banco Latinoamericano de Comercio Exterior, S.A. (Bladex) reported the results of its 2026 Annual Meeting of Shareholders, held virtually on April 21, 2026. Quorum was reached with 68.10% of issued and outstanding common shares present or represented.

Shareholders elected three directors: José Alberto Garzon (Class A, 4,936,528 votes in favor, 81.61%), Juan Alberto Pazo (Class A, 5,113,520 votes in favor, 84.53%), and Julianne Canavaggio (Class E, 19,040,518 votes in favor, 98.10%).

They approved Bladex’s audited consolidated financial statements for the year ended December 31, 2025 with 90.43% of votes cast, reappointed KPMG as independent auditor for 2026 with 97.62%, and passed an advisory executive compensation proposal with 89.46% support.

Shareholders also approved changing the Bank’s name to Bladex, Inc., with 97.01% of votes cast in favor, including 86.31% of all issued and outstanding Class A shareholders.

Positive

  • None.

Negative

  • None.
Meeting quorum 68.10% of common shares Shares present or represented at 2026 Annual Meeting
Director vote – José Alberto Garzon 4,936,528 votes; 81.61% in favor Class A director election at 2026 Meeting
Director vote – Juan Alberto Pazo 5,113,520 votes; 84.53% in favor Class A director election at 2026 Meeting
Director vote – Julianne Canavaggio 19,040,518 votes; 98.10% in favor Class E director election at 2026 Meeting
Approval of 2025 financial statements 90.43% in favor Audited consolidated financials for year ended Dec 31, 2025
Reappointment of KPMG as auditor 97.62% in favor Independent registered public accounting firm for 2026
Executive compensation advisory vote 89.46% in favor Advisory proposal at 2026 Annual Meeting
Name change approval 97.01% overall; 86.31% Class A Change to Bladex, Inc. approved by shareholders
quorum financial
"Quorum to hold the Meeting was attained by having a total of 68.10% of the issued and outstanding common shares"
A quorum is the minimum number of members needed to officially hold a meeting or make decisions. It ensures that decisions are made with enough participation to represent the group’s interests, much like a majority must be present for a vote to be valid. For investors, understanding quorum is important because it affects when and how important company or organization decisions can be legally made.
independent registered public accounting firm financial
"KPMG was reappointed as the Bank's independent registered public accounting firm, or external auditor, for the year ended December 31, 2026"
An independent registered public accounting firm is an outside accounting company officially registered with the government regulator to examine and report on a public company's financial records and controls. Investors treat its reports like an impartial inspector’s certificate — they add credibility to financial statements, help spot errors or misleading claims, and reduce the risk that shareholders are relying on unchecked or biased numbers.
advisory proposal on executive compensation financial
"an advisory proposal on executive compensation was approved with the positive vote of 89.46% of the shares"
Class A shareholders financial
"includes the positive vote of 86.31% of all issued and outstanding Class A shareholders"
Class A shareholders are owners who hold a specific category of a company’s stock that carries particular rights or privileges, commonly relating to voting power, dividend priority, or transferability. Knowing whether shares are Class A matters to investors because it affects influence over corporate decisions and potential returns — like having a premium ticket at an event that gives you better seats or earlier access compared with other ticket types.
Annual Meeting of Shareholders financial
"voting results from its Annual Meeting of Shareholders held on April 21, 2026"
A yearly gathering where a company’s owners (shareholders) vote on key items like electing the board, approving executive pay, and ratifying auditors, and receive updates on performance and strategy. Think of it as an annual town hall for owners: it matters to investors because outcomes and disclosures can affect leadership, corporate direction, dividend and governance policies, and therefore the company’s risk and potential return.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FAQ

What did Bladex (BLX) shareholders vote on at the 2026 Annual Meeting?

Shareholders voted on director elections, approval of 2025 audited financial statements, reappointment of KPMG as 2026 auditor, an advisory executive compensation proposal, and a change of the Bank’s legal name from Banco Latinoamericano de Comercio Exterior, S.A. to Bladex, Inc.

What was the shareholder quorum at Bladex’s 2026 Annual Meeting?

The Meeting achieved quorum with 68.10% of Bladex’s issued and outstanding common shares present or duly represented. This level of participation allowed all proposed items, including director elections and governance resolutions, to be validly considered and voted upon under the Bank’s requirements.

Which directors were elected at Bladex (BLX) in 2026 and how strongly were they supported?

Shareholders elected José Alberto Garzon (Class A, 4,936,528 votes, 81.61% in favor), Juan Alberto Pazo (Class A, 5,113,520 votes, 84.53% in favor), and Julianne Canavaggio (Class E, 19,040,518 votes, 98.10% in favor), each receiving solid majority support from their respective share classes.

Did Bladex shareholders approve the 2025 financial statements and 2026 auditor?

Yes. Audited consolidated financial statements for the year ended December 31, 2025 were approved with 90.43% of votes cast. KPMG was reappointed as Bladex’s independent registered public accounting firm for 2026 with strong support from shareholders, receiving 97.62% of votes present or represented.

How did Bladex shareholders vote on executive compensation in 2026?

An advisory proposal on executive compensation received 89.46% of the votes present or represented in favor. While non-binding, this high approval level indicates broad shareholder support for the Bank’s approach to compensating its executives based on the disclosed framework and policies.

Where is Bladex headquartered and on which exchange is BLX listed?

Bladex is headquartered in Panama City, Republic of Panama, with additional offices across Latin America and the United States, plus a representative license in Peru. Its common shares are listed on the New York Stock Exchange in the United States under the ticker symbol BLX.

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 April, 2026

Commission File Number 1-11414

BANCO LATINOAMERICANO DE COMERCIO EXTERIOR, S.A.
(Exact name of Registrant as specified in its Charter)

FOREIGN TRADE BANK OF LATIN AMERICA, INC.
(Translation of Registrant’s name into English)

Business Park Torre V, Ave. La Rotonda, Costa del Este
P.O. Box 0819-08730
Panama City, Republic of Panama
(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 o


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.


 FOREIGN TRADE BANK OF LATIN AMERICA, INC.
 (Registrant)
  
Date:  April 22, 2026By: /s/ Annette van Hoorde de Solís
Name:Annette van Hoorde de Solís
Title:Chief Financial Officer



bladexlogo.jpg

BLADEX ANNOUNCES VOTING RESULTS FROM
2026 ANNUAL MEETING OF SHAREHOLDERS

Panama City, Republic of Panama, April 22, 2026 - Banco Latinoamericano de Comercio Exterior, S.A. (“Bladex” or the “Bank”) is pleased to announce voting results from its Annual Meeting of Shareholders held on April 21, 2026, in virtual format (the “Meeting”).

Quorum to hold the Meeting was attained by having a total of 68.10% of the issued and outstanding common shares of Bladex were present and/or duly represented at the Meeting.

At the Meeting, each of the three nominated Directors listed below was elected as Director of the Bank separately by the holders of each Class with the required votes present and/or duly represented, as follows:

DirectorClassVotes IN FAVOR% of Shares Voted IN FAVOR
José Alberto Garzon
A
4,936,528
81.61
Juan Alberto Pazo
A
5,113,520
84.53
Julianne Canavaggio
E
19,040,51898.10

Bladex's audited consolidated financial statements for the fiscal year ended December 31, 2025, were approved with the positive vote of 90.43% of the shares present and/or represented at the Meeting; KPMG was reappointed as the Bank's independent registered public accounting firm, or external auditor, for the year ended December 31, 2026 with the positive vote of 97.62% of the shares present and/or represented at the Meeting; an advisory proposal on executive compensation was approved with the positive vote of 89.46% of the shares present and/or represented at the Meeting; and the proposal to change the Bank’s name from Banco Latinoamericano de Comercio Exterior, S.A. to Bladex, Inc. was approved with the affirmative vote of 97.01% of the shares present and/or represented at the Meeting which includes the positive vote of 86.31% of all issued and outstanding Class A shareholders.

Bladex, a multinational bank originally established by the central banks of Latin-American and Caribbean countries, began operations in 1979 to promote foreign trade and economic integration in the Region. The Bank, headquartered in Panama, also has offices in Argentina, Brazil, Colombia, Mexico, the United States of America, and a Representative License in Peru, supporting the regional expansion and servicing of its customer base, which includes financial institutions and corporations.

Bladex is listed on the NYSE in the United States of America (NYSE: BLX), since 1992, and its shareholders include: central banks and state-owned banks and entities representing 23 Latin American countries, commercial banks and financial institutions, and institutional and retail investors through its public listing.

For further information on Bladex, please access its website at www.bladex.com or contact:

Carlos Daniel Raad – Chief Investor Relations Officer
E-mail address: craad@bladex.com / ir@bladex.com. Tel.: (+507) 366-4925 ext. 7925
Head Office Address: Torre V, Business Park, Ave. La Rotonda, Urb. Costa del Este,
Panama, Republic of Panama