Shareholders Approve Removal Of Azul's Board Members, Election Of New Board

Feb 12 (Reuters) - Azul SA AZUL53.SA:

• SHAREHOLDERS APPROVED THE REMOVAL OF ALL BOARD MEMBERS - MEETING MINUTES

• SHAREHOLDERS APPROVED THE ELECTION OF A NEW BOARD

• SHAREHOLDERS APPROVED DAVID GARY NEELEMAN AS CHAIRMAN

• SHAREHOLDERS APPROVED THE REVERSE STOCK SPLIT OF ALL COMMON SHARES AT A RATIO OF 75 TO 1

• ALL BOARD MOVES ARE CONDITIONAL UPON THE COMPLETION OF THE CHAPTER 11 PLAN