NITRATES
Santiago, April 5, 2023
ESSENTIAL FACT
NITRATES OF CHILE S.A.
Registration Registry of Securities N* 1106
Mrs.
Solange Berstein Jáuregui
Chairman
Financial Market Commission (CMF)
Present
Ref.: Summons to Ordinary Shareholders’ Meeting.
Madam President:
In compliance with Article 9? and second paragraph of article 10? of the Law
N? 18.045 of the Securities Market, in General Standard No. 30 and Circular No. 660
dated 22 October 1986, both from the Commission for the Financial Market, and duly
empowered, I inform you of the following, as an essential fact of Nitratos de Chile S.A.
(the “Society”:
In a meeting held on April 4, 2023, the Board of Directors of the Company agreed to convene
and to call the Ordinary Shareholders’ Meeting of the Company, for April 28, 2023, at 10:30 a.m.
hours (the “Meeting”), which will be held remotely, from the offices of the Company located
in Calle El Trovador N* 4.285, piso 11, commune of Las Condes, Santiago, to treat materials
of the Ordinary Shareholders’ Meeting, all in the terms set forth in the Standard of
General Character N* 435 and Circular Letter N* 1,149 dated April 21, 2020, both
issued by the Commission for the Financial Market, for which purposes they will be enabled
remote participation and voting mechanisms and whose summons notices will be published
opportunely in accordance with Law No. 18.046.
The shareholders who are registered in the
Register of Shareholders of the Company, at midnight on the fifth business day prior to its
celebration. The Company shall inform the Board in the notices of summons, about the mechanism of
remote participation and voting to be used in it and on the way in which each shareholder or his
representative, may prove their identity and powers, where appropriate.
NITRATES
The purpose of the Board shall be to deal with the following matters:
1. Examination of the situation of the Company and approval of the Annual Report, Balance Sheet,
Financial statements and report of the external audit firm, corresponding to the
year ended December 31, 2022;
2. Distribution of profits for 2022;
3. The dividend policy agreed by the Board of Directors for the financial year 2023;
4. Directors’ remuneration for the financial year 2023 and information on
the latter during the financial year 2022;
5. Report on the activities carried out by the Directors’ Committee, its management report
annual, and the expenses incurred by it during the financial year 2022, including its advisors;
6. Set the remuneration of the members of the Directors’ Committee and determine their
budget for the financial year 2023;
7. Designation of external audit firm for the financial year 2023;
8. To give an account of the agreements adopted by the Board of Directors to approve operations with
related parties referred to in Title XVI of Law No. 18,046, if applicable;
. – Designation of the journal where the publications of the Society will be made; and
10. Any other matter of social interest of the knowledge of the Ordinary Meeting of
Shareholders of the Company.
Likewise, the Board of Directors agreed to propose to the Board to distribute as a definitive dividend the
51.4% of distributable net profits for the year ended December 31, 2022, this
is MUS$160,805. However, this amount must be deducted from the provisional dividend that
was paid by the Society in June 2022, amounting to the sum of MUS$ 4,030. In
Consequently, if the Board approves the proposal of the Board of Directors, it will be necessary to pay a
dividend amounting to the difference between these amounts, that is the sum of MUS$156,776,
equivalent to a dividend of US$0.00104073 per share, to be proposed to be paid at
Count from May 25, 2023, in its equivalent in pesos national currency, according to the value
of the Observed Dollar that will be published in the Official Journal on May 19, 2023.
In terms of dividend policy, the Board of Directors agreed to propose maintaining the dividend policy.
dividends from previous years, consisting of distributing at least 30% of net profits
distributable for the year 2023, after the Company’s annual financial statements
are approved by the respective shareholders’ meeting.
Yours sincerely yours,
Catalina Silva Vial
General Manager
Nitratos de Chile S.A.
c.c: Santiago Stock Exchange
Electronic Stock Exchange of Chile
Link to the file in CMFChile: https://www.cmfchile.cl/sitio/aplic/serdoc/ver_sgd.php?s567=fea905c78754fa649131113cd08613e3VFdwQmVVMTZRVEJOUkVVd1RtcEJOVTEzUFQwPQ==&secuencia=-1&t=1682376108
