DocuSign Envelope ID: 64D8B137-9698-40B4-A755-A7191DA4AFDF
VENTURANCE
ALTERNATIVE ASSETS
. ESSENTIAL FACT
LENNOX INVESTMENT FUND STRUCTURED FINANCING
Mutual Fund Managed by Venturance S.A. Administradora General de Fondos
Santiago, July 28, 2022
Gentlemen
Financial Market Commission
Present
Ref. Dividend policy.
From our consideration:
By means of the present, and by virtue of the provisions of Article 18% of Law No. 20,712,
Article 9? and second paragraph of Article 10% of Law No. 18,045, and duly empowered
by the Board of Directors of Venturance S.A. Administradora General de Fondos (the
“Administrator”), I inform that Commission, as an essential fact of the
Lennox Investment Structured Finance (the “Fund”), the following:
The Administrator, in a Board meeting on July 26, 2022, agreed, among others,
matters, approve a dividend payment policy in order to facilitate the operation
payment of quarterly dividends from the Fund, provided there are no losses.
The Fund’s quarterly dividend distribution policy shall be as follows:
Preferred Series: Preferred Series contributors will be distributed dividends
provisionals from the quarterly net profit resulting from the reduction of the
remuneration, provisions and expenses to be incurred by the Fund in respect of all
resources received by the Fund in cash (hereinafter, the “Net Income”).
The foregoing until completing the maximum return corresponding to the date of payment according to
to the provisions of Section One of Title VI of the Rules of Procedure of the Fund on
“SERIES” (hereinafter, the “Maximum Return”). In the event that the Liquid Profit is not
sufficient to cover the entire Maximum Return the difference will remain pending for
the following quarter and will be accumulated with the amount accrued at that date.
Subordinated Series: Contributors to the Subordinated Series will be distributed dividends
provisional for the balance of Net Profit remaining from the payment of dividends from the
Preferred Series and up to a maximum amount of the projected Net Perceived Profit of
Fund as of that date.
Américo Vespucio Norte 2700, Office 903. Vitacura – Telephone +56 2 2941 2681
www.venturance.cl/agfí/
DocuSign Envelope ID: 64D8B137-9698-40B4-A755-A7191DA4AFDF
This policy is consistent with Section One of Title VI of the
Rules of Procedure of the Fund on “SERIES” and in Section Five of Title 1X on
“PROFIT SHARING POLICY”, in which the Administrator is empowered to
distribute interim dividends against the results of the corresponding financial year,
those that, in case exceed the amount of the benefits that can be distributed of that
year, are attributable to net profits received from previous years or profits
that may not be considered within the definition of net benefits received.
The aforementioned policy is established without prejudice to the powers of the Board of Directors to
modify it, in whole or in part, at any time.
The approved dividend policy became effective as of July 27, 2022.
Yours faithfully
DocuSigned by:
F61CC1EEC994410.
Francisco José Gutiérrez de la Cerda
General Manager
Venturance S.A. Administradora General de Fondos
Américo Vespucio Norte 2700, Office 903. Vitacura – Telephone +56 2 2941 2681
www.venturance.cl/agfí/
Link to file in CMFChile: https://www.cmfchile.cl/sitio/aplic/serdoc/ver_sgd.php?s567=3cb00168b9a8e0eb2004519b9765f1ffVFdwQmVVMXFRVE5OUkVrMVRtcEplazFSUFQwPQ==&secuencia=-1&t=1682376108
