Lord
ESSENTIAL FACT
SalfaCorp S.A.
Securities Registry No. 843
Santiago, April 7, 2022
HE-02-2022
Joaquin Cortez Huerta
Chairman
Financial Market Commission
Avenida Libertador Bernardo O’Higgins 1449
Santiago
PRESENT
Ref:
Resolutions adopted at the Ordinary Shareholders’ Meeting and Dividend N°18
From our consideration,
In accordance with the provisions of Articles 92 and 102 of Law No. 18.045 on the
Securities, in General Standard No. 30 of the Commission for the Financial Market and in the
Circular No. 660 of that Commission, I hereby communicate to you, in the capacity of
ESSENTIAL FACT of Salfacorp S.A. (the “Company”), registered under No. 843 of the Securities Registry a
Your position, the following:
1. Resolutions of the Ordinary Shareholders’ Meeting
On April 7, 2022, the Twenty-Fifth Ordinary Shareholders’ Meeting of the
Company, the main agreements adopted being the following:
a) The Annual Report, Balance Sheet, Financial Statements and Report of the External Auditors for the year ended December 31, 2021 were approved;
b) The distribution of a final dividend amounting to 30% of net income for the year was approved, as detailed in paragraph 2 below;
c) It was agreed to maintain the remuneration of the Directors and members of the Directors’ Committee of the Company, as follows: (i) Monthly Director’s Remuneration – UF 120; (ii) Monthly Remuneration of Chairman of the Board – UF 240; (iii) Monthly Remuneration of Vice Chairman of the Board – UF 156; and (iv) Additional Monthly Remuneration of Members of the Directors’ Committee – UF 40. For its part, an expense budget was approved for the Board of Directors for an amount equivalent to UF 1,920 and for the Directors’ Committee for an amount equivalent to UF 820 until the next Ordinary Shareholders’ Meeting.
d) PriceWaterhouseCoopers was appointed as an External Audit Firm for the financial year 2022. Likewise, Fitch Chile Clasificadora de Riesgo Limitada, Feller Rate Clasificadora de Riesgo Limitada and International Credit Rating Compañía Clasificadora de Riesgo Limitada were designated as Risk Rating Agencies; and
e) It was approved to continue making the summons to Shareholders’ Meetings or others ordered by the Law or the Commission for the Financial Market, in El Diario Financiero de Santiago.
2. Dividend N° 18
The aforementioned Ordinary Shareholders’ Meeting agreed to distribute to the shareholders of SalfaCorp S.A., as of May 6, 2022, a definitive dividend, in money, amounting to $20.55.- per share, equivalent to a total of $9,245,461,173.- (nine thousand two hundred forty-five million four hundred sixty-one thousand one hundred and seventy-three pesos), which correspond to 30% of the profits that may be distributed in accordance with the Company’s Balance Sheet and Financial Statements as of December 31, 2021, duly adjusted to decimal places.
The shareholders of the single series of shares of the Company that are registered in the Shareholders’ Register at midnight on the fifth business day prior to the date indicated for their payment will be entitled to the aforementioned distribution of dividends.
Finally, it is reported that the notice established in Article 10 of the Regulations on Corporations will be published in the Diario Financiero de Santiago and that, on this same date, Form No. 1 required by Circular No. 660 of the Commission for the Financial Market was sent.
Yours sincerely yours.
Jorge Meruane Boza
General Manager
SALFACORP S.A.
c/c Santiago Stock Exchange
Electronic Stock Exchange of Chile
Risk Rating Agencies
Banks Representing Bondholders
Link to file in CMFChile: https://www.cmfchile.cl/sitio/aplic/serdoc/ver_sgd.php?s567=9cb0733adfde415c94d103065804bd8dVFdwQmVVMXFRVEJOUkVWNlRtcE5NRTUzUFQwPQ==&secuencia=-1&t=1682376108
