A Committed to life
poll
Valparaíso, April 21, 2023
No. GG-056
Gentlemen
Financial Market Commission
Alameda N*1449.
SANTIAGO
REF.: Resolutions Ordinary Shareholders’ Meeting.
ESSENTIAL FACT
ESVAL S.A. (formerly Inversiones OTPPB
Chile lll S.A.)
Securities Registry N*1118
Dear Sir or Madam:
In accordance with the provisions of articles 9 paragraph 2? and 10
of Law No. 18,045, and in accordance with General Rule No. 30 of that Commission, I comply
to report on the resolutions adopted at the Ordinary Shareholders’ Meeting held on April 21
of the year 2023.
1.- The Annual Report, the Consolidated Statement of Financial Position, Financial Statements and
report of the External Auditors for the year ended 31 December of the year
2022 and recognition of the result of the year in the capital and reserve accounts.
2.- The Meeting ruled on the Distribution of profits and Dividend Policy, agreeing
The following:
Distribution of profits year 2022
It was agreed to distribute as a final dividend, charged to the net profit for the year
ended December 31, 2022, an amount of $8,752,461,261.-, equivalent to $0.000585
for each share of the Company and corresponding to approximately 100% of the
profits from that year. At the same meeting it was also agreed to distribute a dividend
Eventual $0.001325 per share, charged to a portion of undistributed earnings of
previous periods. In accordance with the above, it was agreed to distribute to shareholders a
total dividend of $0.00191 for each share of the Company, which equals approximately
to $28,577,947,802.-
The Board agreed that this total dividend will be paid as of April 28, 2023. The
closing of the Register of Shareholders for payment shall be the fifth business day preceding the date of its payment
payment, that is, on April 22, 2023.
Dividend Policy year 2023
The Board was informed of the Agreement of the Board of Directors of ESVAL S.A. in the sense that the policy of
Dividends does not contemplate the distribution of provisional dividends in 2023, without prejudice to which
the Company’s Board of Directors is open to considering the possibility of making a distribution of
Interim dividends in consideration of the profits obtained during the year, the
effective cash availability and financial indicators committed by the Company.
With regard to the final dividends related to the same year, it was reported
(O Cochrane 751, Valparaíso, Chile – Box 616
(9) Phone: (56) 32 220 9000
6 esval.d
A esva
Committed to life
–
Shareholders whose purpose is the Board of Directors to distribute at least 30% of profits
of the year 2023, without prejudice to the fact that it will correspond to the respective Ordinary Meeting to decide
on the distribution of those final dividends.
3.- The remuneration to be received by the Company’s directors until the next Meeting was approved
Ordinary Shareholders, amounting to the equivalent of 110 monthly promotion units to
each director and the same monthly remuneration for the Vice-Chairman of the Board. The President
of the Board of Directors shall receive a monthly remuneration equivalent to 220 development units.
4.- The firm Deloitte was appointed as the external audit firm in charge of examining the
Accounting, inventory, balance sheet and other financial statements for the relevant period
to the year 2023.
6.- It was agreed to designate the newspaper El Mercurio de Valparaíso for legal publications.
In addition, at the same Meeting, Mr. Shareholders on the following:
a) Regarding the operations referred to in Title XVI of the Companies Law
Anonymous, it was reported that during the year 2022, the Board did not approve
transactions with related parties subject to compliance with formalities and
procedures provided for in Article 147, of Title XVI, of the aforementioned Law N*18.046.
b) Regarding information on opposition of directors to resolutions adopted by the
Board of Directors of the Company, the Board was informed that as of April 27, 2022
– occasion in which the last Ordinary Shareholders’ Meeting of ESVAL S.A. was held.
– to date, there is no recorded opposition from any director in relation to the Agreements
adopted by the Board of Directors of the Company during that period;
Cc) The Board was informed that the Board of Directors of ESVAL S.A. agreed to contract the services of
risk classification of the firms Feller Rate Clasificadora de Riesgo Limitada and ICR
Risk Rating Agencies Limited.
d) The Board was also informed during the year 2022 that the Board did not incur
in expenses.
Yours faithfully
JOSE LUIS MURILLO COLLADO
General Manager
DTN
C.C.:
– Santiago Stock Exchange
– Electronic Stock Exchange of Chile
– Risk Rating Committee
– Private Risk Classifiers
– Archive
(O Cochrane 751, Valparaíso, Chile – Box 616
(9) Phone: (56) 32 220 9000
6 esval.d
Link to file in CMFChile: https://www.cmfchile.cl/sitio/aplic/serdoc/ver_sgd.php?s567=5ce5381e7914136405116330f4a9443eVFdwQmVVMTZRVEJOUkVVelRXcFZNRTFuUFQwPQ==&secuencia=-1&t=1682401141
