DocuSign Envelope ID: 122AA579-68A4-40D2-9667-4F92940660B0
Santiago, May 25, 2023
GG. – 129 / 2023
Mrs. Solange Berstein Jáuregui
President
Financial Market Commission
Present
Ref.: Essential Fact – Communicates price to be paid as compensation for fractions of shares.
Dear Sir or Madam,
In accordance with the provisions of Articles 9 and 10 of Law No. 18,045 on the Securities Market and the provisions of Chapter 18-10 of the Updated Collection of Standards of the Financial Market Commission, and duly authorized, I inform you as an Essential Fact of Banco Itaú Chile (the “Bank”) of the following:
We refer to the reform of the Bank’s bylaws consisting of the reduction of the number of shares into which the Bank’s share capital is divided, without modifying the amount of its subscribed and paid-up capital (the “Reverse Stock Split”) –agreed at the Extraordinary Shareholders’ Meeting of the Bank held on January 19, 2023 (the “Meeting”), and that it was approved by your Commission through Resolution No. 2215 dated March 28, 2023.
As reported by the Bank through a notice published on May 5 in the electronic newspaper www.latercera.com –by which it was informed in detail about the process of exchange of the new shares of the Bank among its shareholders on the occasion of the Reverse Stock Split, which will begin on May 26–, it is communicated that the amount to be paid in cash by the Bank to shareholders who, at midnight on May 25, 2023, hold a total number of shares greater than 4,500 and different from an integer multiple of 4,500, by way of compensation for each of those old shares that, because they represent a fraction of the new shares, do not enter the exchange, amounts to $1,862 per share, a value that corresponds to the closing price of the stock market transactions of the shares on the Santiago Stock Exchange on the day prior to the date of the share exchange (that is, today).
Finally, it is recalled that, as informed by the aforementioned notice, the compensations in money that proceed will be made available to shareholders, together with the new securities issued as a result of the exchange, as of May 26, 2023, at the offices of DCV Registros S.A., located at Avenida Los Conquistadores 1730, 24th floor, Providencia, Santiago.
Yours sincerely yours,
DocuSigned by:
Cr A
BB4E8BB5525941F.
Gabriel Amado de Moura
General Manager
Banco Itaú Chile
Link to file in CMFChile: https://www.cmfchile.cl/sitio/aplic/serdoc/ver_sgd.php?s567=a39c2070fd04055911bd8b27e0195597VFdwQmVVMTZRVEZOUkVsNVRtcHJOVTlCUFQwPQ==&secuencia=-1&t=1685052601
