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ESSENTIAL FACT
AVLA SEGUROS DE CRÉDITO Y GARANTÍA S.A.
Santiago, January 27, 2023.-
Mrs.
Solange Berstein Jáuregui
Chairman
Financial Market Commission
Present.
Ref.: Update General Policy of Habituality
From our consideration:
Pursuant to Articles 9% and 10? of the Law
N? 18.045, and duly authorized by the Board of AVLA SEGUROS DE CRÉDITO AND
GARANTÍA S.A. (the “Company” and/or “AVLA Seguros”), I communicate the following information in
essential character with respect to the Company:
At the Regular Meeting of the Board of Directors, held on January 26, 2023, it was agreed
update the Regularity Policy of AVLA Seguros, in force since it was approved by the
Board of Directors of the Company at a meeting held on January 24, 2017, as amended by
last time at the Board meeting held on March 28, 2022.
Attached hereto, an updated copy of the Company’s Regularity Policy,
which is available to shareholders at the registered office, specifically at the
office of the General Manager, and that will be uploaded to the website of AVLA Seguros.
Yours sincerely yours,
Gabriela Azócar Giménez
General
AVLA SEGUROS DE CREDITO Y GARANTÍA S.A.
Cerro El Plomo 5420, Piso 10, Las Condes, Santiago de Chile – Chile
Contact Oavla.com and Tel. +562 27508650
www.avla.com
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MISSION CODE START EFFECTIVE
(00.01.03.0008) CL-GOBC-POL 26/01/2023
ETT NENA Reviewed by: Approved by:
Name Name Name Name
Constanza Morales Ignacio Menchaca Directory
Position Position
Insurance Legal Manager Corporate Legal Manager Glosa: This document is approved
Date Date at session N* 001-2023
13/01/2023 16/01/2023
The information contained in this document is confidential. The disclosure, copying or distribution of this
Document is strictly prohibited without the written consent of this company.
CL.NOR.INT-0008 – Regularity Policy 3.1
AVLA Seguros de Crédito y Garantía S.A.
Page 1 of 5
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GENERAL POLICY OF REGULARITY
AVLA SEGUROS DE CRÉDITO Y GARANTÍA S.A.
FOR RELATED PARTY TRANSACTIONS
(Law on Corporations, N* 18.046, article 147″, final paragraph, letter b.)
At the Board of Directors meeting of AVLA SEGUROS DE CRÉDITO Y GARANTÍA S.A. (the “Company”), held
On January 24, 2017, this General Regularity Policy for operations was approved.
with related parties that can be executed without established requirements and procedures
in Article 147 of Law No. 18,046 on Corporations (“LSA”), which are ordinary in
consideration of the social turn, must be necessary for their activities, contribute to the social interest and
adjust in price, terms and conditions to those prevailing in the market, while
its realization, execution and/or celebration. This policy was duly updated by
last time at the Company’s Board of Directors meeting, held on March 28, 2022.
l. OBJECTIVE
Establish a general policy of regularity on operations with related parties that,
with the agreement of the Board of Directors, may be executed without the established requirements and procedures
in Title XVI of the LSA, specifically those indicated in its article 147, numbers 1) to 7). These
operations are necessary and contribute to the social interest and are adjusted in price, terms and
conditions to which they prevail in the market at the time of their approval and / or conclusion, in addition
are ordinary in consideration of the corporate business of AVLA SEGUROS DE CRÉDITO Y GARANTÍAS.A.,
as approved by the Board in this regard.
Il. SCOPE
With respect to all ordinary operations, determined by the Board of Directors, under consideration
to the business of AVLA SEGUROS DE CRÉDITO Y GARANTÍA S.A. with its related persons, according to
with the provisions of letter b) of the second paragraph of article 147 of the LSA.
CL.NOR.INT-0008 – Regularity Policy 3.1
AVLA Seguros de Crédito y Garantía S.A.
Page 2 of 5
Ill. POLITICS
For the purposes described, they will be considered as ordinary and habitual operations of AVLA
SEGUROS DE CRÉDITO Y GARANTÍA S.A. those that it carries out with related parties within
its line of business, i.e. the insurance activity and its related or complementary activities
authorised by legislation or by the Commission for the Financial Market, and which are necessary
and convenient for the normal development of the Company’s activities, and without which the
The company could not develop its business and policies in a normal, adequate and efficient manner.
In this way, the following operations will be considered habitual,
which must be carried out within the ordinary business of AVLA SEGUROS DE CRÉDITO Y
GARANTÍA S.A. and contracted with its related persons, in accordance with the provisions of the
this policy and in letter b) of the second paragraph of article 147 of the LSA:
i) Offer all types of insurance and reinsurance, in order to insure and reinsure: a) risks on
the premium base, in order to assume the credit risks of individuals, companies and
entities of all kinds, except with respect to related parties; (b) risks based on
premiums in order to assume the patrimonial detriments that persons may suffer,
companies and entities of all kinds on the occasion of non-compliance with obligations
contractual (warranty policies)
ii) Insure and reinsure with national or foreign entities, with the intermediation of
Insurance and reinsurance brokers.
(iii) Conclusion of contracts for the provision of collection services to third parties
related to a specific insurance or policy granted by the Company or the contracting of
collection services by the Company either to third parties or to related companies.
iv) Conclusion of contracts for sales agents on behalf of the Company.
v) Conclusion of contracts with call center companies or promotion or advertising of
insurance with remote media, massive, entities dedicated to the promotion of
insurance through its sales channels, all of the above in strict accordance with the law.
CL.NOR.INT-0008 – Regularity Policy 3.1
AVLA Seguros de Crédito y Garantía S.A.
Page 3 of 5
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vi) Conclusion of acts and contracts for the intermediation of insurance with insurance brokers
insurance; promotion, brokerage and distribution agreements for the Company’s products; the
Contracting of collection services and collection of premiums and / or work of
processing and administration of such collection.
(vi) Acquisition of financial instruments, publicly offered securities, mutual mortgages
endorsements and agreements for the administration of said mutual societies and the assignment of said instruments;
granting of credit in accordance with the rules governing insurance companies; Acts
Contracts and operations, in the national or international market, with respect to deposits, securities
public offering, capital and financial market instruments and others; acts, contracts and
transactions, with banks, financial institutions, securities intermediaries, issuers,
fund administrators, custodial or other entities, in Chile or in the
foreigner.
viii) Hiring of advice on financial, administrative, accounting, tax,
computer, legal, regulatory, audits and others necessary for the Company’s business; Like this
such as the contracting of selection, recruitment and training services for the staff of the
Company; and, in general, the hiring of any back office service.
(ix) Conclusion of leases and leases of movable or immovable property;
carrying out real estate transactions, as well as all acts, contracts and operations in
general, related to the implementation of the investments necessary to support the
technical reserves and the Company’s risk equity, all with strict adherence and
Compliance with current regulations and those that modify them.
x) Conclusion of contracts of sale, lease or acquisition in any capacity,
Provision of services or use of tangible or intangible property, movable or immovable property of
goods and supplies for the operation of the Company.
xi) The conclusion of reinsurance contracts of any nature, with entities
related to reassure own businesses of their line.
CL.NOR.INT-0008 – Regularity Policy 3.1
AVLA Seguros de Crédito y Garantía S.A.
Page 4 of 5
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This policy will be available to the shareholders of the Company, in the offices
social of this and specifically in the office of the General Manager, as well as on the website
of AVLA SEGUROS DE CRÉDITO Y GARANTÍA S.A.
IV. VALIDITY.
This policy will be effective as of this date and will remain in force until
that the Board of Directors does not agree to its modification and/or updating.
CL.NOR.INT-0008 – Regularity Policy 3.1
AVLA Seguros de Crédito y Garantía S.A.
Page 5 of 5
Link to the file in CMFChile: https://www.cmfchile.cl/sitio/aplic/serdoc/ver_sgd.php?s567=639809248f836742eb457dacc76b806dVFdwQmVVMTZRWGhOUkVFd1RVUlpNMDVCUFQwPQ==&secuencia=-1&t=1682376108
