CONCHA Y TORO VINEYARD
—— FAMILY OF WINERIES ——
ESSENTIAL FACT
Viña Concha y Toro S.A.
Registration Registry Values CMF N°0043
Santiago, April 25, 2023
Mr. President,
Financial Market Commission
PRESENT
Ref. Informs about ESSENTIAL FACT of Viña Concha y Toro S.A.
From our consideration:
In accordance with the provisions of Article 9 and second paragraph of Article 10 of Law No. 18,045 and the provisions of General Standard No. 30 of the Commission for the Financial Market, I comply with reporting as an essential fact the following:
On April 25 of this year, the Ordinary Shareholders’ Meeting of Viña Concha y Toro S.A. was held, in which the following resolutions were adopted, among others:
1. Distribute, charged to the profits of the year 2022, a last dividend (No. 291) with the character of definitive, of $33.70 (thirty-three pesos and seventy cents) per share, which will be paid as of May 19, 2023. It is attached to this Form No. 1, in compliance with the provisions of Circular 660 of your Commission.
The aforementioned final dividend is added to the dividends already distributed as provisional against the profits of the year 2022, corresponding to Dividend No. 288 and Dividend No. 289, each of $4.50 per share, paid on September 30 and December 27, 2022, respectively, and to Dividend No. 290, of $4.50 per share, paid on March 31, 2023.
2. Maintain as a dividend policy the distribution of 40% of net income for the year. Thus, it is the intention of the Board of Directors to distribute from the profits obtained during the year 2023, three dividends, No. 292, No. 293 and No. 294, of $ 4.50 per share each, which will be paid as provisional, on September 29 and December 29, 2023 and March 31, 2024. Likewise, it will be proposed to pay a fourth dividend for the amount that is necessary until completing 40% of the aforementioned profits for the year 2023, which would be paid on the date determined by the Ordinary Shareholders’ Meeting held in 2024, once the results of the year have been known and approved by the aforementioned Meeting. The dividend policy, in any case, will be subject to the Company’s cash availability.
3. The Board of Directors elected the following persons as the new Board of Directors of the company:
a) Alfonso Larraín Santa María
b) Rafael Guilisasti Gana
(c) Rafael Marín Jordán
d) Pablo Guilisasti Gana
(e) Felipe Larraín Vial
(f) Blanca Bustamante Bravo
(g) Janet del Pilar Awad Pérez
Of those appointed, Mrs. Janet del Pilar Awad Pérez was elected as an independent director, who presented the Affidavit of Independence, in the terms and opportunity required by article 50 bis of the Law of Corporations.
Sincerely yours,
CORPORATE FINANCE AND CORPORATE AFFAIRS MANAGER
Cc. Mr. Manager of the Santiago Stock Exchange.
Mr. Electronic Exchange Manager.
Srs. Banco BICE – Representative Bondholders
Srs. Risk Classification Commission
FINANCIAL MARKET COMMISSION
CHILE
INTERNAL USE: OFFICE PARTES S.V.S.
FORM N°1
DISTRIBUTION OF DIVIDENDS
0.1 Original information: yes (YES/NO) 0.02 Submitted date: 26/04/23 (DD.MM.YY)
1.- IDENTIFICATION OF SOCIETY AND MOVEMENT
Ship Date
1.01 R.U.T.: 90.227.000-0 1.02 Form. Original 26/04/23 (DD.MM.YY)
1.03 Company Name: VIÑA CONCHA Y TORO S.A.
1.04 Securities Registry No.: 0043 1.05 Series Affects: UNIQUE
1.06 Stock Exchange Code: CONCHATORO 1.07 Individualization of movement: 291
2.- AGREEMENT AND AMOUNT OF THE DIVIDEND
2.01 Date of Agreement: 25/04/23 (DD.MM.YY.)
2.02 Adoption of the Agreement: 1 (1: Ordinary General Shareholders’ Meeting; 2: Extraordinary Shareholders’ Meeting; 3: Board Meeting).
2.03 Dividend amount: $24,904,637,000 2.04 Currency type: CLP
3.- SHARES AND SHAREHOLDERS WITH RIGHTS
3.01 Number of shares: 739,010,000 3.02 Deadline: 13/05/23 (DD.MM.YY.)
4.- NATURE OF THE DIVIDEND
4.01 Dividend rate: 3 (1: Provisional; 2: Definitive minimum mandatory; 3: Final additional or eventual)
4.02 Year-End: 12/31/22 (DD.MM.YY.)
4.03 Method of payment: 1 (1: In money; 2: Optional in money or shares of the issue itself; 3: Optional in money or shares of other companies; 4: Other modalities)
5.- PAYMENT OF THE DIVIDEND IN MONEY (either in money or optional in money or shares)
5.01 Payment in money: $33.70/acc. 5.02 Currency Type: CLP
5.03 Date of payment: 19/05/23 (DD.MM.YY.)
(*) With respect to shares that are not fully paid, they shall be entitled to the dividend in proportion to the part paid in accordance with art. 16 L.S.A. (Continued reverse)
6.- DISTRIBUTION OF THE OPTIONAL DIVIDEND IN SHARES
6.01 Start date option: /
6.02 Option End Date: /
6.03 Delivery date: 11/05/23 (DD.MM.YY.)
6.04 Series to be chosen: –
6.05 Accs. Post-movement: shares to receive x 1 acc. c/ LAW
6.
Link to file in CMFChile: https://www.cmfchile.cl/sitio/aplic/serdoc/ver_sgd.php?s567=cf41659852745bd2afdf896ce9ffbb84VFdwQmVVMTZRVEJOUkVVelQxUmpNMDVSUFQwPQ==&secuencia=-1&t=1684470982
