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Santiago, April 12, 2023
Gentlemen
Financial Market Commission
Present
At:
Ms. Solange Berstein Jáuregui
Chairman
REF.: Communicates ESSENTIAL FACT of Compañía Electro Metalúrgica S.A., issuer of securities
registered in the Securities Registry
Dear Sirs,
In my capacity as General Manager of Compañía Electro Metalúrgica S.A. (the “Company”), in accordance with the
provided in article 9 “and second paragraph of article 10” of the Securities Market Law and Circular N%660
of that Commission, and duly empowered for that purpose, I hereby communicate to you in a factual capacity
The following are essential:
On April 12, 2023, the Ordinary Shareholders’ Meeting of Compañía Electro was held.
Metalúrgica S.A., which was constituted with a quorum of 96.16% of the subscribed and paid shares of the
Society.
During the Ordinary Meeting, the following resolutions were taken and approved:
1.
Report, Financial Statements and report of the External Audit Company
The Report, Financial Statements and the report of KPMG Auditores Consultores SpA regarding
for the year ended December 31, 2022.
Board Election and Board Remuneration
The Board of Directors of the Company was elected and, in addition, the remuneration of the Board of Directors for the year 2023 was fixed.
The board of directors was formed by: Carlos F. Cáceres Contreras, Cristóbal Eyzaguirre
Baeza, José Ignacio Figueroa Elgueta, Fernando Franke García, Baltazar Sánchez Guzmán, Alfonso A.
Swett Opazo and Alfonso Swett Saavedra.
Directors’ Committee Activities and Expenses Report
The Committee’s 2022 management report was reported and its remuneration was approved, and
the expenditure budget for the financial year 2023.
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 2023.
Designation of Risk Rating Agencies
MS elecmetal
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 2022
The distribution of profits for the year 2022 and the payment of the Final Dividend N*272 of
$248.95 per share, to be made available to shareholders beginning April 26, 2023, per
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 20, 2023.
The notice referred to in Section |! of the aforementioned Circular N*660 will be published on April 17, 2022,
in 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 2023 was approved, agreeing to distribute at least dividends for
40% 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.
Yours sincerely yours,
P.P. COMPANY ELECTRO METALÚRGICA S.A.
one General
NCO/meb
C.C.: Santiago Stock Exchange
Electronic Stock Exchange of Chile
Archive.
COMMISSION FOR
FINANCIAL MARKET
CHILE FORM N* 1 INTERNAL USE : OF, OF PARTS C.M.F.
DISTRIBUTION OF DIVIDENDS
0.01 information Original z Yes (Yes/NO) 0.02 : Submitted date : 12-04-2023 (DD/MM/YY)
1. IDENTIFICATION OF SOCIETY AND MOVEMENT
1.01: RUT. z 90.320.000 – 6 1.02 : Shipped on : 12-04-2023 (DD/MM/YY)
Form. Original
1.03 : Company Name : COMPAÑÍA ELECTRO METALÚRGICA S.A.
1.04 : N” Register of values : 0045 1.05 : Series Affects : UNIQUE
1.06 : Bag code l ELECMETAL 1.07 : Individualization of movement : 272
2. AGREEMENT AND DIVIDEND AMOUNT
2.01 : Agreed Date : 2023-04-12 (DD/MM/YY)
2.02 : Decision taken: 1 (1: Ordinary General Meeting of Shareholders; 2: Extraordinary Meeting of
:Shareholders; 3: Directory session).
2.03 : Dividend amount 10,904,010,000 2.04 : Currency Type : $
3. SHARES AND ENTITLED SHAREHOLDERS
3.01 : Number of shares : 43.800.000 3.02 : Deadline : 20-04-2023 (DD/MM/YY)
4. NATURE OF THE DIVIDEND
4.01 : Dividend rate : 2 (1: Provisional; 2: Definitive minimum mandatory; 3: Final additional
or eventual )
4,02 : Year-end : 31-12-2022 (DD/MM/YY)
4.03 : Method of payment l 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 l 248.95 Í acc. 5.02 : Currency Type: $
5.03 : Payment date : 26-04-2023 (DD/MM/YY)
( Continued in reverse )
6. DISTRIBUTION OF THE OPTIONAL DIVIDEND IN SHARES / NATURE OF THE DIVIDEND
6.01 Start Date Option; TA/(DD/MM/YY)
6.02 End date option 3 1 1 (DD / MM / YY)
6.03 Delivery date titles 3 / / (DD / MM / YY)
6.04 Series to opt 5 (only if the option is on shares of the issue itself)
6.05 Accs. Post-movement
6.06 R.U.T. Soc. Transmitter Z –
(only if the option is on shares of the
which the company owns)
6.07 Stock Exchange Code
6.08 Factor shares receivable x 1 acc. c/right
6.09 Share price h./ 6.10 Currency Type : $
7. REMARKS
PLACE OF PAYMENT: BANCO BICE, Teatinos N” 220, Santiago, Chile.
NEWSPAPER: DIARIO FINANCIERO
PUBLISHED DATE: April 17, 2023
TAX SITUATION: 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 : EUGENIP ARTEAGA INFANTE
and M
P
Link to file in CMFChile: https://www.cmfchile.cl/sitio/aplic/serdoc/ver_sgd.php?s567=0f90b57abae61369efaed16168fe8ff0VFdwQmVVMTZRVEJOUkVVeFRtcEJNMDlSUFQwPQ==&secuencia=-1&t=1682376108
