Larrain Vial
ASSETS
Santiago, May 10, 2023
Gentlemen
Financial Market Commission
PRESENT
ESSENTIAL FACT
INVESTMENT FUND BARING ASIA PRIVATE EQUITY FUND VII
(“BACKGROUND”)
From our consideration:
Pursuant to the provisions of Article 18 of Law No. 20,712, I hereby give notice as an Essential Event, with respect to the Fund, that by agreement of the board of directors of the management company, the following meetings of the contributors of the Baring Asia Private Equity Fund (the “Fund”) managed by Larrain Vial Activos S. A. Administradora General de Fondos (the “Company”) have been called to be held on May 23, 2023, at Avenida El Bosque Norte No. 0177, 4th floor, commune of Las Condes, Santiago, Chile, according to the “Company”, as per the agreement of the board of directors of the Fund.A. Administradora General de Fondos (the “Company”), to be held on May 23, 2023, at Avenida El Bosque Norte N° 0177, 4th floor, commune of Las Condes, Santiago, as follows:
A. Ordinary Meeting of Contributors to be held at 10:00 a.m. on May 23, 2023, in order to deal with the following matters:
1. Approve the annual account of the Fund to be submitted by the Company, relating to the management and administration of the Fund, and the corresponding financial statements;
2. To agree on the distribution of profits, if applicable;
3. To elect the members of the Oversight Committee;
4. Approve the budget for the expenses of the Oversight Committee;
5. To fix the remuneration of the Supervisory Committee;
6. Appoint the independent appraisers or valuers required to value the Fund’s investments, if applicable;
7. Appoint external auditors from among those registered in the Register kept for this purpose by the CMF, to report on the Fund, from among a list of three proposed by the Supervisory Committee; and
8. In general, any matter of common interest of the Contributors that is not proper for an Extraordinary Assembly.
RIGHT TO PARTICIPATE IN THE ASSEMBLY
The Contributors who are registered in the Register of Contributors at midnight of the fifth business day prior to the date of the Meeting shall have the right to participate in the Meetings.
SYSTEM OF PARTICIPATION AND REMOTE VOTING IN THE ASSEMBLY OF CONTRIBUTORS.
Bearing in mind the provisions of General Rule No. 435 and Circular No. 1,141, both issued by the Financial Market Commission, the contributors may attend and vote at the Meeting by technological means that the Administrator has made available to them, promoting participation by this means, without prejudice to the possibility of attending in person, to the extent that travel and capacity restrictions so permit.
For these purposes, no later than 4:00 p.m. on May 22, 2023:00 hours on May 22, 2023, the contributors must inform the Administrator if they will participate in the Meeting by such means, by sending an email to the email address [email protected], in which the full name of the contributor or representative who will attend must be informed, if applicable, and attach his/her contact information, that is, e-mail address registered with the Administrator (mandatory) and cell phone number (optional), together with the powers of attorney in case he/she participates through his/her proxies, and his/her identity card or that of his/her proxies, if applicable.
The attendance and voting of the contributors who participate in the Assembly by technological means will be carried out through the online video-conference system called “Microsoft Teams”. In order to access this platform, the Administrator will provide the already registered contributors, by means of an e-mail, a link with the corresponding invitation to the Assembly and a secret password. The system will be open 30 minutes before the beginning of the Meeting, so that each contributor or his proxy may prove his identity.
QUALIFICATION OF POWERS
The qualification of proxies, in the case of contributors or representatives attending the Meeting by technological means, shall be carried out prior to the Meeting, in accordance with the procedures set forth in this notice and the website indicated. In the case of contributors participating in the Meeting in person, if applicable, the qualification of proxies shall be carried out on the same day of the Meeting, at the place where the Meeting is to be held and at the time it is to begin.
Yours sincerely yours,
Claudio Yáñez Fregonara
General Manager
Larrain Vial Activos S.A.
General Fund Administrator
Link to the file in CMFChile: https://www.cmfchile.cl/sitio/aplic/serdoc/ver_sgd.php?s567=dfd2ad9f2677a49189cfbd51efcb3cadVFdwQmVVMTZRVEZOUkVsM1RXcFplazlSUFQwPQ==&secuencia=-1&t=1683842521
