ESSENTIAL FACT
CENCOSUD SHOPPING S.A.
Registration of Securities Registry No. 1.164
Santiago, April 22, 2022
Mrs. Solange Berstein Jáuregui,
President of the Commission for the Financial Market,
Av. Liberator Bernardo O’Higgins N° 1449,
Present.
Ref.: Communicates essential fact.
From our consideration,
Cencosud Shopping S.A., an open corporation, registered in the Securities Registry kept by your Commission under number 1,164, hereinafter “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 Standard No. 30 and Circular No. 1,072 of the Superintendency of Securities and Insurance (current Financial Market Commission), It hereby communicates, as an essential fact, the following:
On April 22, 2022, the Ordinary Shareholders’ Meeting of the Company took place, which, among other resolutions, resolved the following:
1. Approve the Company’s Annual Report, the Financial Statements and the Report of External Auditors for the year 2021.
2. To approve the distribution of a final dividend charged to the distributable net income of the year 2021 for a total amount of Ch$102,349,864,680.-, which represents 81.23821% of the distributable liquid profits, equivalent to Ch$60.- per share. The distribution of profits indicated above will be made through: (i) The distribution of a dividend in the amount of $30.- to be paid as of May 3, 2022; more (ii) the distribution of an interim dividend of $30.- per share, already paid as of October 18, 2021.
3. Approve that the payment of the aforementioned dividend be made as of May 3, 2022.
4. That the remuneration of the Directors for the year 2022 be the sum of 120 Promotion Units per month for those who exercise the position of Director and double this sum for the President.
5. That during the year 2022, each of the Directors that make up the Committee of Directors of the Company receive a remuneration amounting to 40 Units of Promotion monthly; and that the operating budget of the Committee and its possible advisers amount to the sum of 2,500 Unidades de Fomento per year.
6. To appoint PRICE WATERHOUSE COOPERS (PWC) as the Company’s external audit firm for the financial year 2022.
7. Maintain as Private Risk Rating Agencies for the period 2022, the companies Feller Rate Clasificadora de Riesgo Limitada and Clasificadora de Riesgo Humphreys Limitada.
8. Carry out social publications in the newspaper “El Mercurio” of Santiago.
Yours sincerely yours,
Rodrigo Larrain Kaplan
General Manager
Cencosud Shopping S.A.
CC: Santiago Stock Exchange
Electronic Stock Exchange
Bondholder Representatives
Link to file in CMFChile: https://www.cmfchile.cl/sitio/aplic/serdoc/ver_sgd.php?s567=03876f130624891ce37df4f8ef50f2fbVFdwQmVVMXFRVEJOUkVVeFRtcE5NazFSUFQwPQ==&secuencia=-1&t=1682376108
