EC EMPRESAS COPEC
ESSENTIAL FACT
EMPRESAS COPEC S.A.
Registration Registry of Securities N°0028
Santiago, April 14, 2022
General Management
N° 12
Gentlemen
Financial Market Commission
Avda. Libertador Bernardo O’Higgins 1449
Present
Ref.: Communicates summons to Ordinary General Meeting of Shareholders.
Dear Sir or Madam:
I hereby inform you that on April 27, at 11:30 a.m., at the registered office, located at El Golf N°150, 17th floor, Las Condes commune, Santiago, our company will hold an Ordinary Shareholders’ Meeting, which will be held through technological means of participation and remote voting in accordance with the provisions of General Standard No. 435 and Circular Offices No. 1,141 and No. 1.149, all of the Commission for the Financial Market, and in which the following matters will be treated:
a) Submit to its pronouncement the Financial Statements of the Company as of December 31, 2021, the Annual Report of the Board of Directors and report on the progress of social business;
b) To account for the operations carried out by the Company referred to in Title XVI of Law No. 18,046;
c) To fix the remuneration of the Board of Directors;
d) To set the remuneration and budget of expenses of the Committee referred to in Article 50 bis of Law No. 18,046, to account for its activities and its annual management report;
(e) Appointing External Auditors;
(f) Designate Risk Classifiers; and
g) Deal with any other matter of social interest, of competence of the type of Board just indicated.
As of today, April 14, shareholders will find the Company’s Financial Statements closed as of December 31, 2021, with their explanatory notes and the report of the external auditors, on the Company’s website, https://www.empresascopec.cl/wp-content/uploads/2019/12/Estados-Financieros-2021.pdf.
In compliance with the second paragraph of Article 59 of Law No. 18,046, the basis for the options regarding the appointment of external auditors to be submitted to the Board has also been incorporated into the www.empresascopec.cl website. The shareholders may obtain a copy thereof on the Company’s website.
On the other hand, at the Company’s Board of Directors meeting, held on March 31, it was agreed to propose to the Company’s Ordinary Shareholders’ Meeting, scheduled for April 27, the payment of the mandatory minimum final dividend No. 42, of US$0.1733 per share.
The dividend will be paid in pesos, national currency, according to the “observed dollar” exchange rate, which is published in the Official Gazette on May 6, 2022.
The aforementioned dividend will be paid in cash, being charged to the profits of the year ended December 31, 2021, charged to the results of that year. This dividend constitutes income for the shareholders. The Company will determine and communicate in a timely manner the credit that corresponds to the shareholders who are taxpayers of Complementary Global Tax and Additional Tax.
It will be proposed to the Board that the aforementioned dividend be paid as of May 12, 2022, in the Company’s Shares Department, located at El Golf 140, Las Condes commune, which due to the pandemic affecting the country is open from Monday to Friday, from 9:00 a.m. to 1:00 p.m. Shareholders who have requested it from the Company will have the dividend deposited in their checking account, or their check will be mailed to them, as appropriate.
Once the payment of the aforementioned dividend has been approved by the Meeting, in the terms indicated above, shareholders who are registered in the Shareholders’ Register of the Company at midnight on May 6, 2022 will be entitled to it.
The notice by virtue of which the shareholders will be informed of the resolution adopted by the aforementioned Ordinary Meeting regarding this dividend, will be published in the newspaper “El Mercurio”, edition of May 3, 2022.
For the purposes of the dividend just mentioned, I inform you that the total number of shares entitled to it are 1,299,853,848 shares, single series.
The notices of summons to this assembly will be published in the newspaper “El Mercurio” of Santiago, on April 14, 21 and 25, 2022.
The Company will proceed to send to the Financial Market Commission a digitized copy of the Annual Report for the year 2021 through the SEIL module of said entity, in compliance with General Standard No. 30, of 1989.
BOARD PARTICIPATION AND POWERS OF ATTORNEY
Shareholders who are registered in the Register of Shareholders of the Company at midnight on April 21 will have the right to participate in this Meeting. The qualification of powers, if applicable, will be made on the same day of the Meeting, at the time it begins.
In consideration of the coronavirus pandemic affecting the country, and as already noted above, the Society has arranged for the assembly to be held through technological means of remote participation and voting. For more information regarding how each shareholder or his representative can prove his identity and power, if any, and participate and vote remotely at the Meeting, www.empresascopec.cl instructions for this purpose and the corresponding power of attorney model have been incorporated into the website.
Yours very sincerely,
c.c.: Santiago Stock Exchange
Bolsa Electrónica de Chile, Chilean Stock Exchange
Risk Classification Commission
Representative of Bondholders – Banco Santander
Credicorp Capital S.A., Stockbrokers
Link to file in CMFChile: https://www.cmfchile.cl/sitio/aplic/serdoc/ver_sgd.php?s567=4924ef9fe70a0bbbbf6fe4838bbeaa38VFdwQmVVMXFRVEJOUkVVd1RsUk5NazlCUFQwPQ==&secuencia=-1&t=1682376108
