From Santander
Santiago, March 14, 2023
Mrs. Solange Berstein Jáuregui
Chairman
Financial Market Commission
Present
Ref.: Communicates Essential Fact – Board Agreement. Appointment to Ordinary Shareholders’ Meeting.
Dear Sir or Madam:
In accordance with the provisions of Articles 9 and 10 of Law No. 18,045, it is reported that in an extraordinary meeting today, the Board of Directors of Banco Santander-Chile agreed to summon an Ordinary Shareholders’ Meeting, to be held by remote media, on Wednesday, April 19, 2023, in order to address the following matters:
1) Submit for consideration and approval the Report, the Balance Sheet, Financial Statements and Report of the External Auditors for the year between January 1 and December 31, 2022.
2) Resolve the destination of the profits of the year 2022. It will be proposed to distribute a dividend of $2.57469221 per share, corresponding to 60% of the profits of the year, which will be made available to shareholders, if approved, as of the 5th banking business day following the day of the meeting. Likewise, it will be proposed that the remaining 40% of the profits be destined to increase the reserves and/or accumulated profits of the bank.
3) Election of the Board of Directors.
4) Determination of the remuneration of the Board of Directors. The proposal is to maintain the remuneration agreed at the Ordinary Shareholders’ Meeting in 2022.
5) Appointment of External Auditors. The hiring of the firm PricewaterhouseCoopers Consultores, Auditores SpA as external auditors of the bank and its subsidiaries will be proposed for the year 2023, as proposed by the Directors’ and Audit Committee.
6) Designation of Private Risk Classifiers. It will be proposed to Feller Rate and ICR Chile, as recommended by the Directors’ and Audit Committee.
7) Report of the Directors’ and Audit Committee, determination of the remuneration of its members and the budget of expenses for its operation. It will be proposed to the meeting that the operating budget of this Committee be the same amount agreed at last year’s Ordinary Shareholders’ Meeting, equivalent to 7,200 Development Units. This proposal considers the portion of the remuneration that the law requires to pay committee members for their performance on the committee.
8) To account for the operations referred to in Title XVI of Law 18,046.
9) To take cognizance of any matter of social interest that corresponds to deal with in Ordinary Shareholders’ Meeting in accordance with the law and the statutes of the bank.
Likewise, it is reported that in accordance with the provisions of article 59 of Law 18,046, the Balance Sheet, the Report and the foundations of the proposals submitted to the decision of the Meeting, will be available to the shareholders from Friday, March 31 of the current year on the website https://banco.santander.cl/accionistas, as well as in the Shares Department of Banco Santander-Chile.
Sincerely yours,
Roman Blanco Reirjosa
General Manager
C.c.: Stock Exchanges.
Link to file in CMFChile: https://www.cmfchile.cl/sitio/aplic/serdoc/ver_sgd.php?s567=1c9124cb1d18e3619f6710a47c0d5ec4VFdwQmVVMTZRWHBOUkVWM1QwUkZlazVuUFQwPQ==&secuencia=-1&t=1682376108
