ESSENTIAL FACT
SalfaCorp S.A.
Securities Registry No. 843
Santiago, October 27, 2022
Mrs Solange Berstein,
Chairman of the Financial Market Commission,
Avenida Libertador Bernardo O’Higgins N° 1449, Santiago
PRESENT
Ref.: Extraordinary Shareholders’ Meeting
From our consideration,
In accordance with the provisions of Law No. 18,045 on the Securities Market and NCG No. 30 of the Commission for the Financial Market (the “CMF”), I hereby inform you, as an ESSENTIAL FACT of SalfaCorp S.A. (the “Company”), registered under No. 843 of the Securities Registry under your charge, The following:
In the Ordinary Meeting of the Board of Directors of the Company held on October 25, 2022, it was agreed, among other matters, to convene an Extraordinary Shareholders’ Meeting of the Company for Tuesday, November 22, 2022, starting at 10:30 a.m., at Avenida Presidente Riesco No. 5,335, 11th floor, Las Condes commune, Santiago (the “Junta”). For its part, in accordance with the provisions of NCG No. 435 and Circular Letter No. 1,141, both of the CMF, it was agreed to allow the attendance and voting of shareholders remotely and through the use of technological means, adopting the necessary measures and informing the detail of the system to be used in the corresponding summons notices.
The purpose of the aforementioned Extraordinary Shareholders’ Meeting is to submit to the consideration of the shareholders an increase in the Company’s capital through the issuance of 100,000,000 (one hundred million) shares of payment shares or the amount freely defined by the Meeting, to be placed in the manner agreed by it.
The primary objective of this capital increase is to strengthen the financial structure of the company for the execution of the contracts that make up its backlog (balance of works to be executed) that to date reach approximately $1,500,000 million pesos; and also address the opportunities that are visualized in the short term in its business units.
As provided in Article 62 of Law No. 18,046 on Corporations, shareholders holding shares registered in the Shareholders’ Registry of the Company at midnight on the fifth business day prior to the date of its celebration may participate in the aforementioned Shareholders’ Meeting, with the rights granted to them by the Law and the Bylaws.
Yours sincerely yours,
Jorge Andres Meruane Boza
General Manager
SALFACORP S.A.
c.c.: Santiago Stock Exchange
Electronic Stock Exchange of Chile
Risk Rating Agencies
Banco de Chile and Banco BICE, Representatives of Bondholders
Link to file in CMFChile: https://www.cmfchile.cl/sitio/aplic/serdoc/ver_sgd.php?s567=37a99999e213d85f4c4ecb73d75f3ee8VFdwQmVVMXFSWGROUkZGNFRrUkZNRTVCUFQwPQ==&secuencia=-1&t=1682376108
