% cesce
Santiago, January 30, 2023
GG 209
Mrs.
Solange Berstein Jáuregui
President
Financial Market Commission
Av. Liberator Bernardo O’Higgins 1449,
Santiago
Present
Ref.: Cesce Chile Aseguradora S.A. – Communicates Essential Fact
From our consideration:
By hereby and in accordance with the provisions of Articles 9* and 10? of Law 18.045 and in
Circular N* 662 and Circular N* 991 of the Commission for the Financial Market, as well as in the others
pertinent regulations, we inform you of the following Essential Fact regarding Cesce Chile Aseguradora
S.A.:
That, at the end of January of this year, a deficit of net worth has been detected on
risk equity, registering a value of 0.39 and consequently a minimum equity deficit of
MM CLP 2,577, the above recorded as of December 31, 2022.
In turn, the Financial Debt Ratio has a value of 2.57, due to the arrival of the amount
corresponding to the capital increase, which remains awaiting the approval resolution of the
change of the company’s statutes by the Commission.
In accordance with the provisions of Title IV of Decree with Force of Law N* 251, we can inform
that the reasons that generated the deficit correspond mainly to the high accident rate that has
registered this company.
Likewise, in accordance with the aforementioned regulations, it is noted that this company is located in
capital increase process, so on December 21, 2022, the application was entered into the CMF
Authorization to modify statutes of capital increase for an amount of 2,632,359,000 pesos.
Yours sincerely yours,
PAULINA – Digitally Signed
by PAULINA RAFFO
RAFFO NURSERIES
Date: 2023.01.30
NURSERIES. – 1925:52-03’00’
Paulina Raffo Viveros
Prosecutor
CESCE CHILE ASEGURADORA S.A.
Link to file in CMFChile: https://www.cmfchile.cl/sitio/aplic/serdoc/ver_sgd.php?s567=65fdd5cfdfa74637d4cec008dc31846fVFdwQmVVMTZRWGhOUkVFd1RsUlZkMDVuUFQwPQ==&secuencia=-1&t=1682376108