Shopping
AT
Cencosud
ESSENTIAL FACT
CENCOSUD SHOPPING S.A.
Registration of Securities Registry No. 1.164
Santiago, March 31, 2022
Mrs. Solange Berstein Jáuregui,
President of the Financial Market Commission,
Avenida Libertador Bernardo O’Higgins N° 1449, Santiago.
Ref.: Summons to Ordinary Shareholders’ Meeting
From our consideration,
Cencosud Shopping S.A., an open corporation, registered in the Securities Registry kept by your Commission under number 1,164, hereinafter “Cencosud Shopping” or the “Company”, in accordance with the provisions of Article 9 and second paragraph of Article 10, both of Law 18,045 and Section II of General Rule No. 30 and Circular No. 660 of the Superintendency of Securities and Insurance (current Commission for the Financial Market), hereby communicates, as an essential fact, the following:
A.- The Board of Directors of Cencosud Shopping S.A. in a meeting held today, has decided to convene the Ordinary Shareholders’ Meeting of this Company to be held on April 22, 2022 at 11 am at Avenida Andrés Bello 2457 61st floor, commune of Providencia, Santiago.
B.- The Table of the Ordinary Shareholders’ Meeting is as follows:
a) Examination of the situation of the Company and the reports of the external audit firm, and the approval of the report, balance sheet and financial statements for the year as of December 31, 2021 and the report of the external audit firm for the same year;
b) Distribution of profits for the year 2021 and distribution of dividends;
(c) Fixing of remuneration of Directors;
(d) Fixing the remuneration of the members of the Directors’ Committee and determining its operating budget and that of its advisers;
e) Report on expenses of the Board of Directors and Directors’ Committee;
(f) Designation of the external audit firm by 2022;
g) Designation of Risk Rating Agencies by 2022;
h) To disclose the matters examined in the Directors’ Committee, activities carried out, its annual management report and proposals that have not been accepted by the Board of Directors, as well as the agreements adopted by the Board of Directors to approve operations with related parties;
i) To give an account of the oppositions of Directors that were recorded in minutes of Board meetings;
(j) Designation of the newspaper in which social publications are to be made; and
k) In general, any matter of social interest that is not typical of an Extraordinary Shareholders’ Meeting.
Likewise, at the aforementioned Board meeting, it was agreed to propose to the next Ordinary Shareholders’ Meeting to distribute a dividend equivalent to $30.- per share, which is in addition to the Provisional Dividend of $30.- per share paid as of October 21, 2021, all charged to the liquid profits of the year 2021, hereinafter the “Dividend”. Additionally, the Board of Directors agreed to propose to the aforementioned Ordinary Shareholders’ Meeting that the Dividend be paid to the shareholders as of May 3 of this year.
C.- The Board of Directors approved to make available to shareholders and other persons attending the aforementioned Ordinary Shareholders’ Meeting, technological means that allow them to participate and vote in them remotely, in the terms and in accordance with the regulations and instructions given on the matter by the Commission for the Financial Market. The details of this type of remote participation and voting will be reported in due course.
Yours sincerely yours,
Rodrigo Larrain Kaplan
General Manager
Cencosud Shopping S.A.
cc.: Santiago Stock Exchange
Electronic Stock Exchange of Chile
Representatives of Bondholders
Link to the file in CMFChile: https://www.cmfchile.cl/sitio/aplic/serdoc/ver_sgd.php?s567=01c788481d4cb8b1d8c58c4dc7184cf1VFdwQmVVMXFRWHBOUkVWNVRsUm5lazFuUFQwPQ==&secuencia=-1&t=1682376108
