Scotiabank
ESSENTIAL FACT
Santiago, October 27, 2022
CMF/126/22
Mrs.
Solange Berstein Jáuregui
President
Financial Market Commission
Present
Ref.: Essential fact.
From our consideration:
In accordance with Article 9? and 10? of Law No. 18.045 and the provisions
in Chapter 18-10 of the Commission’s Updated Collection of Market Standards
Financial (“CMF”), I inform you, as essential information, that with this date, the
The Board of Directors of Scotiabank Chile (the “Bank”) agreed to summon an Extraordinary Meeting of Shareholders (the
“Meeting”) on November 14, 2022 at 9:00 a.m., at the Bank’s offices located at
Avenida Costanera Sur 2710, commune of Las Condes, city of Santiago, in order to submit to the Board
(1) Reduction in the number of members of the
Board of Directors of the Bank, from its current 11 principal directors and 2 alternate directors, to 7 directors
members and 1 alternate director; (ii) The appointment of new members of the Bank’s Board of Directors,
if the reduction in the number of members of the Board of Directors is approved; and (iii) In general,
adopt all other agreements that may be necessary or desirable for the realization of the
decisions to be resolved by the Board. It is recorded that, on October 26, 2022, the CMF
granted authorization to submit these matters to the Board. Until the members of the
Board of Directors in its new form, the Board of Directors formed by the
current members.
Finally, in accordance with General Standard No. 435 and the Circular Offices
N * 1.141 and 1.149 of the GCE, the Meeting will be held, at the registered office, virtually,
enabling mechanisms so that shareholders and other persons attending the Meeting can
Attend, participate and vote remotely, using as a basis, essentially, the protocol
previously used by the Bank for this type of meeting, subject to changes
are introduced to you.
I note that I subscribe to this letter in my capacity as representative to this Committee,
as agreed at the Regular Meeting of the Board of Directors N*2375, held on 23
September 2014.
Yours sincerely yours,
Digitally signed by Rafael
Bilbao Deramond
Date: 2022.10.27
Ñ 18:56:34 -03’00’
Rafael Bilbao Deramond
Prosecutor
Scotiabank Chile
Link to the file in CMFChile: https://www.cmfchile.cl/sitio/aplic/serdoc/ver_sgd.php?s567=5ef00441f949e224129bac0efefb59b7VFdwQmVVMXFSWGROUkZGNFRYcHJlRTFCUFQwPQ==&secuencia=-1&t=1682376108
