ESSENTIAL FACT
SalfaCorp S.A.
Santiago, April 14, 2023
Mrs Solange Berstein,
Chairman of the Financial Market Commission
Avenida Libertador Bernardo O’Higgins 1449
Santiago – Chile
PRESENT.
Ref.: Resolutions adopted at the Ordinary Shareholders’ Meeting and Dividend N° 19
Dear Sir or Madam,
In accordance with the provisions of Articles 92 and 102, paragraph II, of Law No. 18,045 on the Securities Market, General Standard No. 30 of the Financial Market Commission and Circular No. 660 of that Commission, I hereby inform you, as an ESSENTIAL FACT of SalfaCorp S.A. (the “Company”), The following:
1. Resolutions of the Ordinary Shareholders’ Meeting.
On April 14, 2023, the Twenty-Sixth Ordinary Shareholders’ Meeting of SalfaCorp S.A. was held, with the main resolutions adopted as follows:
a) The Annual Report, Balance Sheet, Financial Statements and Report of the External Auditors for the year ended December 31, 2022 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 and budget of the Directors and members of the Directors’ Committee of the Company, according to the following detail: (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 2023. 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° 19.
The aforementioned Ordinary Shareholders’ Meeting agreed to distribute to the shareholders of SalfaCorp S.A., as of May 11, 2023, a definitive dividend, in money, amounting to $19.45.- per share, equivalent to a total of $10,695,570,307.- (ten thousand six hundred and ninety-five million five hundred seventy thousand three hundred and seven pesos), which corresponds to 30% of the profits that can be distributed according to the Balance Sheet and Financial Statements as of 31 December 2022, decimals adjusted properly.
The shareholders of the single series of shares of the Company who are registered in the Shareholders’ Register 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 Journal required by Circular No. 660 of the Commission for the Financial Market.
Yours sincerely yours,
Jorge Meruane Boza
General Manager
SALFACORP S.A.
c/c Santiago Stock Exchange
Electronic Stock Exchange of Chile
Risk Classification Commission
Banks Representing Bondholders
Link to the file in CMFChile: https://www.cmfchile.cl/sitio/aplic/serdoc/ver_sgd.php?s567=4b117448c2242305a329bfe7b932ac8aVFdwQmVVMTZRVEJOUkVVeVRVUlZlVTVuUFQwPQ==&secuencia=-1&t=1682376108
