Nz
Santiago, April 6, 2022
Gentlemen
Financial Market Commission
Present
Attn: Ms. Solange Berstein Jáuregui
Chairman
REF.: Communicates ESSENTIAL FACT of Compañía Electro Metalúrgica S.A., ELECMETAL
Registration in the Securities Registry N”045
Dear Sirs,
In my capacity as General Manager of Compañía Electro Metalúrgica S.A. (the “Company”),
compliance with the provisions of article 9″ and second paragraph of article 10″ of the Securities Market Law and
Circular N%60 of that Commission, and duly authorized for that purpose, I hereby communicate to you at
The following are essential facts:
On April 6, 2022, the Ordinary Shareholders’ Meeting of Compañía Electro Metalúrgica was held.
S.A., which was constituted with a quorum of 95.96% of the subscribed and paid shares of the Company.
During the Ordinary Meeting, the following resolutions were taken and approved:
1.
Annual Report, Financial Statements and Report of External Auditors
The Report, Financial Statements and the report of KPMG Auditores Consultores SpA regarding
for the year ended December 31, 2021.
Board Election and Board Remuneration
The Company’s Board of Directors was elected and, in addition, the remuneration of the Board of Directors was set for the year 2022.
The board was formed by the gentlemen: Juan Antonio Álvarez Avendaño, Baltazar Sánchez
Guzmán, Carlos F. Cáceres Contreras, José Ignacio Figueroa Elgueta, Fernando Franke García, Alfonso
A. Swett Opazo and Alfonso Swett Saavedra.
Directors’ Committee Activities and Expenses Report
The Committee’s 2021 management report was reported and its remuneration was approved, and
the expenditure budget for the financial year 2022.
Information provided for in Title XVI of the Law on Corporations
Information was provided on the operations of Title XVI of the Law on Corporations.
Designation of the External Audit Firm
The firm KPMG Auditores Consultores SpA was appointed as the external audit firm for the
Fiscal year 2022.
Risk Classifier Designation
It was agreed to designate as risk classifiers the firms “Fitch Chile Clasificadora de Riesgo Ltda.”
and “Clasificadora de Riesgo Humphreys Ltda.”
Newspaper Designation
It was agreed that the notices of summonses to Shareholders’ Meetings be published in the newspaper “Diario”
Financial” and, in the event that due to force majeure it is not possible to publish in one day
determined in that newspaper, in the newspaper “La Segunda”,
Profit Distribution 2021
The distribution of profits for the year 2021 and the payment of the Final Dividend N*268 of
$104.16 per share, to be made available to shareholders beginning April 21, 2022, for
intermediate of Banco Bice, which, added to the three provisional dividends already paid, is equivalent to
Distribute 50% of the distributable profits of the year.
Shareholders registered in the Shareholders’ Register at midnight on
April 13, 2022.
The notice referred to in Section |l of the aforementioned Circular 6650 will be published on April 11, 2022, at
the “Diario Financiero” of Santiago.
The respective form of the aforementioned Circular N* 660 of your Commission is attached.
Dividend Distribution Policy
The Dividend Policy for the year 2022 was approved, agreeing to distribute at least dividends for
50% of the profit for the year and pay the rest to Reserve Funds, in order to maintain the
growth of the Company and, in addition, the Board of Directors was empowered to grant Provisional Dividends with
Charge to the profits of the year.
A certified copy of the minutes corresponding to the aforementioned Meeting will be sent to your Commission, within the time limit
established for this purpose in General Standard N*30.
P.P. COMPANY ELECTRO METALÚRGICA S.A.
Eugenio Ár aga Infante
General Manager
4
$
NCO/mcb
C.C.:
Santiago Stock Exchange
Electronic Stock Exchange of Chile
Archive.
COMMISSION FOR
FINANCIAL MARKET
CHILE FORM N* 1 INTERNAL USE: OF. OF PARTIES S.V.S,
DISTRIBUTION OF DIVIDENDS
0.01 Original information l YES (SINO) 0.02 : Shipping date : 06-04-2022 (DD/MM/YY)
1. IDENTIFICATION OF SOCIETY AND MOVEMENT
1.01 : RUT. : 90.320.000 – 6 1.02 : Sent : 06-04-2022 (DD/MM/YY)
Form. Original
1.03 : Company Name : COMPAÑÍA ELECTRO METALÚRGICA S.A.
1.04 : N* Record of values : 0045 1.05 : Series Affects : UNIQUE
1.06 : Stock Exchange Code : ELECMETAL 1.07 : Individualization of movement : 268
2. AGREEMENT AND DIVIDEND AMOUNT
2,01 : Agreed : 06-04-2022 (DD/MM/YY)
2.02 : Adoption of the resolution: 1 (1: Ordinary shareholders’ meeting; 2: Extraordinary meeting of
:Shareholders; 3: Directory session).
2.03 : Dividend amount 4,562,208,000 2.04 : Currency Type : $
3. SHARES AND ENTITLED SHAREHOLDERS
3.01 : Number of shares : 43.800.000 3.02 : Deadline : 13-04-2022 (DD/MM/YY)
4. NATURE OF THE DIVIDEND
4.01 : Dividend rate z 3 (1: Provisional; 2: Final minimum mandatory; 3: Additional final
or eventual )
4.02 : Year-end l 31-12-2021 (DD/MIM/YY)
4.03 : Method of payment : 1 (1:In money; 2:Optional in money or shares of the issue;
3: Optional in money or shares of other companies; 4:Other modality.)
5. PAYMENT OF THE DIVIDEND IN MONEY (either in cash or optional in money or shares)
5,01 : Payment in money z 104,16 Í acc.5.02 : Type of currency: $
5.03 : Payment date : 21-04-2022 (DD/MM/YY)
( Continued in reverse )
6. DISTRIBUTION OF THE OPTIONAL DIVIDEND IN SHARES / NATURE OF THE DIVIDEND
6.01 Start Date Option
6.02 End Date Option
6.03 Title delivery date
6.04 Series to opt for
6.05 Access Post-movement
6.06 R.U.T. Soc. station
6.07 Stock Exchange Code
6.08 Factor actions
6.09 Share price
1 (DD / MM /YY)
1 (DD / MM/YY)
1 (DD / MM /YY)
(only if the option is on shares of the issue itself)
(only if the option is on shares of the
which the company owns)
Shares to be received x 1 ACC. c/right
./ 6.10 Currency Type : $
7, OBSERVATIONS
PLACE OF PAYMENT:
PERIODICOxx
PUBLICATION DATE:
TAX SITUATION:
BANCO BICE, Teatinos N” 220, Santiago, Chile.
FINANCIAL JOURNAL
April 11, 2022
It will be communicated in a timely manner.
Statement: “The information contained in this form is the faithful expression of truth,
so I assume the corresponding legal responsibility.”
NAME AND SIGNATURE LEGAL REPRESENTATIVE : EUGENIO ARTEAGA INFANTE
Link to file in CMFChile: https://www.cmfchile.cl/sitio/aplic/serdoc/ver_sgd.php?s567=1c87ff2fd51c165421b601749dd7091fVFdwQmVVMXFRVEJOUkVWNlRYcGplRTUzUFQwPQ==&secuencia=-1&t=1682376108
