PUCOBRE
ESSENTIAL FACT
PUNTA DEL COBRE SOCIETY S.A.
(Registration of Securities N°362)
Santiago, April 11, 2023
ACC-006/2023
Mrs.
Solange Berstein Jáuregui
President of the CMF
Av. Liberator Bernardo O’Higgins 1449
Santiago.
From our consideration:
By virtue of the provisions of Articles 9 and 10 of Law 18,045, General Standard No. 930 and Circular No. 660 of the Commission for the Financial Market, I inform you that on April 11 of this year, the Ordinary Shareholders’ Meeting of Sociedad Punta del Cobre S.A. (hereinafter “Pucobre”) was held at the time and place indicated in the notices of citation.
The Ordinary Shareholders’ Meeting adopted the following resolutions:
1. The Annual Report, the balance sheet and the financial statements for the financial year 2022 and the report of the external auditors were approved.
2. It was agreed to distribute as dividends the sum of US$35,139,030, which corresponds to 50% of the net profit for the year 2022. Consequently, the Shareholders’ Meeting agreed to the distribution of a final dividend No. 54 of US$0.28186 per share.
This dividend will be paid in Chilean pesos as of April 21, 2023, at the offices of Banco Santander, to shareholders who are registered in the Shareholders’ Registry of the Company at midnight on the fifth business day prior to the date of payment.
The exchange rate used is the observed dollar of April 11, 2023, equivalent to $821.49 per dollar.
Therefore, the amount of the final dividend No. 54 to be paid in cash is Ch$231.5452 per share.
It was agreed to maintain as a dividend policy the distribution of at least 30% of the net profit of the respective year. Regarding the distribution of provisional dividends, it was agreed to be governed by the provisions of Article 79 of Law No. 18,046.
3. PricewaterhouseCoopers Consultores Auditores SpA was appointed as an external audit firm for the financial year 2023.
4. The risk rating companies Feller-Rate and ICR (International Credit Rating) were designated for the period May 2023 – April 2024.
5. The Board of Directors reported on transactions with related parties referred to in Title XVI of Law 18,046.
6. The remuneration of the Board of Directors was set for the year 2023.
7. The remuneration for the members of the Directors’ Committee and the operating expenditure budget of the Directors’ Committee for the year 2023 were fixed.
8. The management, activities and expenses of the Directors’ Committee during the financial year 2022 were reported.
9. The investment and financing policy was approved.
10. The electronic newspaper “El Líbero” and “El Diario de Atacama” were designated to carry out the social publications of Pucobre.
This communication is accompanied by Form N°1 of Circular N°660 of the Commission for the Financial Market.
Sincerely yours,
Sebastian R. Rios
General Manager
Sociedad Punta del Cobre S.A.
C.c. Santiago Stock Exchange
Electronic Stock Exchange of Chile
Archive
CIRCULAR N°660
DATE: 10.22.1986
Financial Market Commission
FORM N°1
DISTRIBUTION OF DIVIDENDS
0.01 Original Report: SI. (yes/no) 0.02 Submitted on: 11-04-2023
1.- Identification of Society and Movement
1.01 R.U.T 96.561.560-1 1.02 Shipping date Original form: 11-04-2023
1.03 Company Name: Sociedad Punta del Cobre S.A.
1.04 Reg. No. of securities: 0362 1.05 Series Affects: UNICA
1.06 Bag Codes: Pucobre 1.07 Ind. of the Mov. 54
2.- Agreement and dividend amount
2.01 Date of agreement: 11-04-2023
2.02 Decision: 1 (1: General Board of Acc. 2: Extraordinary Board of Acc. 3: Board Meeting)
2.03 Dividend amount: 28,866,365,212 2.04 Currency type: $
3.- Shares and shareholders with rights
3.01 Number of Shares: 124.668.381 3.02 Deadline 15-04-2023
4.- Nature of the dividend
4.01 Dividend rate: 3 (1: Provisional; 2: Def. Min. Obligat.; 3: Definitive additional or eventual)
4.02 Year-end: 31-12-2022
4.03 Method of payment: 1 (1: In money; 2: Optional in money or shares of the issue itself
3:Optional in money or shares of another company 4: Other modality)
5.- Payment of the dividend in money (either in money or optional in money or shares)
5.01 Payment in money: 231.5452 5.02 Currency type: $
5.03 Payment date: 21-04-2023
Remarks
1. The dividend will be paid in cash, Chilean pesos, as of April 21, 2023 at all Banco Santander branches, during bank hours, from Monday to Friday
Link to file in CMFChile: https://www.cmfchile.cl/sitio/aplic/serdoc/ver_sgd.php?s567=c8f8d277c11e8c5f56ad3c04b83c94c3VFdwQmVVMTZRVEJOUkVVeFRrUm5kMDFuUFQwPQ==&secuencia=-1&t=1682376108
