Pursuant to what is established in article 9 and in subsection two of article 10 of the Securities Market Law, in accordance to article 63 of the Public Companies Law and the instructions contained in the General Rule N°30, I hereby duly empowered inform you, as material fact, the following:
In this same date, Empresas CMPC S.A (the "Company") adopted, among others, the following agreements:
To convene an Ordinary Shareholders' Meeting (the "Meeting)" to be held on April
29, 2021 at 11:00 a.m., at Agustinas 1343, Santiago, to subject shareholders' consideration of the following matters:
Decide on the Integrated Report, Annual Financial Statements and its corresponding report from External Auditors; all of them as of December 31, 2020;
Decide on dividend distribution;
Inform shareholders about the Board of Directors' agreements related to operations referred on Title XVI of Law 18.046;
Designate External Auditor firm and Rating Agencies;
Establish the Board of Directors' remuneration, as well as the budget for the
Board Committee for 2021;
Inform shareholders about policies and procedures of dividends; and
Hear and resolve any other aspect that may be decided by the Ordinary
Shareholders' Meeting, according to applicable law and Company´s bylaws.
In the same session, the Board of Directs agreed to propose to the Annual
Shareholders' Meeting the payment of (i) a definite dividend with charge to the distributable liquid net income of the year ended December 31, 2020, of CLP$3 per share and (ii) the payment of an eventual dividend with charge to the accumulated
Agustinas 1343, Santiago Chile
Teléfono (56-2) 244 12 000
www.cmpc.cl
income of previous exercises, of CLP$9 per share. The payment of both dividends, subject to the approval of the Annual Shareholders' Meeting, shall be carried out on May 12, 2021. All shareholders of record as of the midnight of May 6, 2021, will be entitled to these dividends.
I inform that the Company´s Consolidated Financial Statements and the corresponding report from the External Auditors are published in the Company's website (www.cmpc.cl), information that may be directly accessed at: https://s23.q4cdn.com/927837516/files/doc_ financials/quarterly/2020/q4/Financial-Statements-CMPC-December-2020.pdf
Shareholders' Meeting Participation Method
Considering the travel restrictions and the maximum capacities, established by the Authority, that are in place at the time of the Meeting, the Company will make available to shareholders technological means that allow them to participate remotely. These mechanisms will be informed to the shareholders through the corresponding announcements and citation letters.
Sincerely yours,
Francisco Ruiz-Tagle Edwards
Chief Executive Officer
EMPRESAS CMPC S.A.
c.c.: Santiago Stock Exchange Electronic Stock Exchange of Chile Brokers Stock Exchange
Agustinas 1343, Santiago Chile
Teléfono (56-2) 244 12 000
www.cmpc.cl
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Empresas CMPC SA published this content on 08 April 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 09 April 2021 00:13:04 UTC.
Empresas CMPC SA is a Chile-based company primarily engaged in the paper products industry. The Companyâs activities are divided into five business segments: Forestry, which includes products that are logs for the manufacturing of cellulose pulp and solid lumber products, such as sawn lumber, remanufactured products and plywood boards; Pulp, which provides pulp manufactured in production lines in Chile and Brazil; Paper, which focuses on the production and marketing of cardboard, paper for corrugation , industrial-use paper and newsprint; Tissue, which is responsible for producing and selling tissue, sanitary and specialized hygienic products, such as toilet paper, napkins, baby diapers and facial tissues, and Other, which includes general administrative services. The Company operates in Argentina, Colombia, Mexico, Peru and Ecuador, among others. It controls a number of subsidiaries, such as CMPC Celulosa SA, Cartulinas CMPC SA, Chimolsa SA La Papelera del Plata SA.