MER:
Cencosud
NU
ESSENTIAL FACT
CENCOSUD S.A.
Registration Registry of Securities N°743
Santiago, April 22, 2022
Mrs. Solange Berstein Jáuregui,
President of the Commission for the Financial Market,
Av. Libertador Bernardo O’Higgins N°1449
Present
Ref.: Communicates essential fact.
From our consideration,
Cencosud S.A., an open corporation, registered in the Securities Registry kept by your Commission under number 743, 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 Rule 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 definitive dividend charged to the distributable net income for the year 2021 for a total amount of Ch$557,136,672,392, representing 80.22990% of distributable net profits, equivalent to Ch$197 per share. The distribution of profits indicated above will be made through: (i) The distribution of a dividend in the amount of $127.- to be paid as of May 4, 2022; more (ii) the distribution of a provisional dividend of $70.- per share already paid as of October 18, 2021.
3. To approve that the payment of the dividend of $127.- per share be made as of May 4, 2022.
4. The election of the Board of Directors, period 2022 — 2025, composed of the following directors:
1.- Heike Paulmann Koepfer: non-independent, proposed by the Controller;
2.- Manfred Paulmann Koepfer: non-independent, proposed by the Controller;
3.- Felipe Larraín Bascuñán: non-independent, proposed by the Controller;
4.- Julio Moura: non-independent, proposed by the Controller;
5.- Jorge Pérez Alati: non-independent, proposed by the Controller;
6.- Mónica Contreras Esper: non-independent, proposed by the Controller;
7.- Lieneke Schol Calle: non-independent, proposed by the Controller;
8.- Carlos Fernández Calatayud: independent, proposed by AFP Provida; and
9.- Ignacio Pérez Alarcón: independent, proposed by AFP Provida.
5. That the remuneration of the Directors for the year 2022 be the sum of 330 Promotion Units per month for those who hold the position of Director and double this sum for the President.
6. That, during the year 2022, each of the Directors that make up the Committee of Directors of the Company receive a remuneration amounting to 110 Unidades de Fomento per month; and that the operating budget of the Committee and its possible advisers amount to the sum of 2,500 Unidades de Fomento per year.
7. To appoint PRICE WATERHOUSE COOPERS (PWC) as the Company’s external audit firm for the year 2022.
8. Maintain as Private Risk Classifiers for the period 2022, the companies Feller Rate Clasificadora de Riesgo Limitada and Clasificadora de Riesgo Humphreys Limitada.
9. Carry out social publications in the newspaper “El Mercurio” of Santiago.
Yours sincerely yours,
Matías Videla Solá
Corporate General Manager
Cencosud 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=03367db5000fbdefb9d7f26fb91b17f1VFdwQmVVMXFRVEJOUkVVeFRtcE5NVTEzUFQwPQ==&secuencia=-1&t=1682376108
