Empresas CMPC S A : Material Fact - April 29, 2021
April 30, 2021 at 08:02 am EDT
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April 29, 2021
Comisión para el Mercado Financiero
Santiago, Chile
Ref.: Material Fact
Empresas CMPC S.A.
Securities Registry Number Nº115
Dear Sirs:
Pursuant to what is laid down in articles 9 and 10 of the Securities Market Law No. 18.045 and in Section II of the General Rule Number 30, I hereby inform you that today, Empresas CMPC S.A. ("CMPC") held its 102th Ordinary Shareholders Meeting and agreed to, among others, the following items:
To approve CMPC´s Balance Sheet, Financial Statements and the Annual Report of the year ending on December 31, 2020.
To approve (i) the distribution of a final dividend (No. 273) of CLP 3 per share; and
an eventual dividend against the retained earnings of CLP 9 per share. The payments of these dividends shall be carried out on May 12, 2021, to shareholders of record as of midnight on May 6, 2021.
Acknowledge on CMPC´s dividend policy for 2021, which should consist on the distribution of 30% of the company´s Liquid Net Income for the period ended December 31, 2021, through the distribution of an interim dividend that shall be paid in December 2021 or January 2022, and a final dividend, which should be agreed by an Ordinary Shareholders Meeting and paid on a date, which will be defined on that meeting.
4. To appoint KPMG Auditores Consultores Limitada as CMPC´s External Auditors for 2021.
Sincerely,
Francisco Ruiz-Tagle Edwards
General Manager
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EMPRESAS CMPC S.A.
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Empresas CMPC SA published this content on 29 April 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 30 April 2021 12:01:03 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.