Santiago, April 4, 2022
ESSENTIAL FACT
Issuer ID:
Empresa Nacional de Telecomunicaciones S.A.
Open Joint Stock Company
R.U.T. 92.580.000-7
Address: Avda. Costanera Sur N° 2760 Piso 22, Parque Titanium, Torre C, Las Condes, Santiago.
Registered in the Securities Registry with N° 0162
This communication is made pursuant to the provisions of Article 9 and second paragraph of Article 101 of Law No. 18,045 and is an essential fact with respect to the company, its businesses, its public offering securities or the offer thereof.
Santiago, April 4, 2022
N° 6 /
Gentlemen
Presidency
Financial Market Commission
PRESENT REF.: Communicates essential facts or relevant information
From our consideration:
The Board of Directors of the Company, in a meeting held today, agreed to summon the Ordinary Shareholders’ Meeting of Entel S.A. to be held on April 19, 2022 at 12:00 hrs. in Avenida Costanera Sur 2760 Piso -1, Comuna De Las Condes, Santiago, in order to inform and submit to the approval of the shareholders the matters indicated below:
1.- Approval of the 2021 Annual Report, Balance Sheet and other Financial Statements as of December 31, 2021, and report of the External Audit Company corresponding to the same year.
2.- Distribution of Profits.
3.- Dividend Policy Information.
4.- Approval of Investment and Financing Policy.
5.- Determination of the remuneration of the directors.
6.- Fixing the remuneration of the Directors’ Committee and its expenditure budget.
7.- Appointment of External Audit Company and Account Inspectors.
8.- Designation of Risk Classifiers.
9.- Report on Operations with Related Parties.
10.- Determination of the newspaper in which the social notices will be published.
11.- Other matters that are of interest to the Company and within the competence of the Board.
Regarding the matter indicated in number 2 above, it will be proposed to the Ordinary Shareholders’ Meeting to distribute from the profits of the year 2021 a definitive dividend of $ 200 per share, to which no sum should be deducted because a provisional dividend has not been distributed during the past year. If its distribution is approved, it will be proposed to pay the dividend indicated on April 28, 2022.
Likewise, the Board of Directors, by virtue of the provisions of General Standard No. 435 and Circular No. 1141 of the CMF, both of 2020, has approved the participation and remote voting of shareholders in the Ordinary Shareholders’ Meeting and recommends the use of such mechanisms if on the date set for the holding of the Meeting, the health risks generated by the Covid-19 pandemic, the effects of which are public knowledge, were maintained. For the aforementioned purposes, the Company has provided suitable technological means for both the participation and remote voting of shareholders who opt for this modality. The way in which each shareholder may participate and prove their identity and power, in case they participate electronically, is contained in the instructions that are available on the website https://informacioncorporativa.entel.cl/inversionistas/informacion-de-interes
Without any other particular, he greets him very attentively.
ANTONIO BÚCHI BUC
General Manager
c.c.: Mr. Superintendent of Pensions
Mr. General Manager Santiago Stock Exchange – Stock Exchange
Mr. General Manager Bolsa de Corredores – Bolsa de Valores
Mr. General Manager of Bolsa Electrónica de Chile – Bolsa de Valores
Mr. Secretary of the Risk Classification Commission
Messrs. Directors.
Mr. Finance Manager
Link to file in CMFChile: https://www.cmfchile.cl/sitio/aplic/serdoc/ver_sgd.php?s567=76d7832fc3a113fbc2acc30de4ef56c9VFdwQmVVMXFRVEJOUkVWNlRWUkJlRTFCUFQwPQ==&secuencia=-1&t=1682376108
