Gentlemen
LarramnVial”
ASSETS
Santiago, May 20, 2022
Financial Market Commission
PRESENT
ESSENTIAL FACT
FONDO DE INVERSIÓN DRAKE REAL ESTATE PARTNERS FUND IV
Administered by
Larraín Vial Activos S.A. Administradora General de Fondos
By virtue of the provisions of article 9″ and the second paragraph of article 10″ of
Law No. 18.045, in relation to Article 18 of Law No. 20.712, finding me
duly authorized, I hereby inform you as an essential fact of
DRAKE REAL ESTATE PARTNERS FUND IV (the “Fund”), which, with
On May 20, 2022, the following Ordinary Assemblies were held and
Extraordinary Fund Contributors, in which the
Agreements detailed below:
A. Ordinary Assembly of Contributors
1.
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The Fund’s annual account for its management and administration was approved.
and the Financial Statements thereof.,;
It was recorded that there were no Net Benefits Received
corresponding to the year ended December 31, 2021
which may be distributed as dividends, in accordance with the
established in Article 80 of Law 20,712 on the Administration of
Third Party Funds and Individual Wallets;
The annual account of the Supervisory Committee was approved;
The members of the Supervisory Committee were elected, which was composed
by the following persons:
Juan Pablo Carreño;
Thomas Verbeken; and
Ivan Vera Palma
It was agreed to fix a remuneration for the members of the Committee of
Surveillance of 15 gross Development Units for each session to which
attend, with a maximum limit of 5 sessions per year.
It was approved to establish a budget for the Supervisory Committee of the Fund for
the year 2022 of 200 Development Units.
Appointed as the Fund’s external audit firm for the year
2022 to Grant Thornton; and
LarramnVial”
ASSETS
8. It was agreed to appoint as independent consultants for valorisation
of the Fund’s investments in 2022 to Carrillo y Asociados.
B. Extraordinary Assembly of Contributors
1. The amendment of the current text of the Rules of Procedure of the
Fund with regard to Title VIl “Contributions and Appreciation of Quotas”, and the
Title VII! “Corporate Governance Standards”;
2. Such other agreements as may be necessary to implement the
decisions of the Assembly.
Yours faithfully yours faithfully,
Claudio Yáñez Fregonara
General Manager
LARRAÍN VIAL ACTIVOS S.A.
ADMINISTRADORA GENERAL DE FONDOS
Link to file in CMFChile: https://www.cmfchile.cl/sitio/aplic/serdoc/ver_sgd.php?s567=a3edffd9b951461ff31c36f272065547VFdwQmVVMXFRVEZOUkVVMVQxUk5NVTFCUFQwPQ==&secuencia=-1&t=1682376108
