LarrainVial
ASSETS
Santiago, May 18, 2023
Gentlemen
Financial Market Commission
Santiago
ESSENTIAL FACT
ACTIVE INVESTMENT FUND FOR MORTGAGE DEBT WITH HOUSING SUBSIDIES
(“BACKGROUND”)
From our consideration:
Pursuant to the provisions of Article 18 of Law No. 20,712, I hereby communicate as a Material Fact, with respect to the Fund, the following:
1. At the Ordinary Assembly of Contributors of the Fund, held on May 18, 2023, it was agreed:
1. Approve the Fund’s annual account relating to the management and administration of the Fund, the financial statements and the reports of the Fund’s external auditors.
2. Agreed: (i) ratify the interim dividends distributed out of the net income received for fiscal year 2022, corresponding to $2,582,394,973, with such interim dividends being imputed to the final dividend; and (ii) to approve the final dividend equivalent to a total amount of $2,790,513,954, to which the interim dividend will be imputed, and consequently to distribute 100% of the amount of the net distributable profits referred to above.
3. To appoint Mr. Manuel Oneto Faure, Mr. Andrés Kern Bascuñan and Mr. Guillermo Larrañaga Santa Ana as members of the Supervisory Committee.
4. Approve the expenses budget of the Surveillance Committee in the amount of 200 Unidades de Fomento.
5. To fix the remuneration of the Supervisory Committee at the amount of 20 Unidades de Fomento for each session attended, with a maximum of 5 sessions per year.
6. Appoint PKF as external auditors.
7. Failure to appoint independent appraisers or valuers.
8. At the Extraordinary Meeting of Contributors of the Fund held on May 18, 2023, it was agreed:
1. Approval was granted for the reduction of the Fund’s capital by up to 100% of the subscribed and paid-in quotas, in accordance with the terms set forth in Article 61 of the Fund’s Internal Regulations.
2. Approval was granted to reduce the Fund’s capital by up to 100% of the subscribed and paid-in quotas, in accordance with the terms set forth in Article 62 of the Fund’s Internal Regulations.
Yours sincerely yours,
Claudio Yañez Fregonara
General Manager
Larrain Vial Activos S.A.
General Fund Administrator
Link to the file in CMFChile: https://www.cmfchile.cl/sitio/aplic/serdoc/ver_sgd.php?s567=41bbe1019530d21c8d73653ae3005498VFdwQmVVMTZRVEZOUkVsNFRrUlZkMDlCUFQwPQ==&secuencia=-1&t=1684449001
