General Announcement::Changes in the Board of Directors

Issuer & Securities

Issuer/ Manager
SCOTIABANK CHILE
Securities
SCOTIABANK USD125M2.16%N261110 - XS2401677948 - FZVB
SCOTIABANK AUD30M2.75%N261216 - XS2423023204 - PNWB
Stapled Security
No

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
15-Nov-2022 05:31:44
Status
New
Announcement Sub Title
Changes in the Board of Directors
Announcement Reference
SG221115OTHRCBBP
Submitted By (Co./ Ind. Name)
Miguel Royo
Designation
Director International Funding & Investor Relations
Effective Date and Time of the event
14/11/2022 17:00:00
Description (Please provide a detailed description of the event in the box below)
In accordance with the articles 9 and 10 of the Chilean Securities Market Law N 18,045 and the Chapter N 18-10 of the Updated Compilation of Rules for Banks we inform you that the extraordinary shareholder meeting held on this date approved the reduction of the number of members of the Board from eleven to seven and the reduction of the number of alternate members from two to one. The bylaws of Scotiabank Chile will be adjusted to reflect this reduction in the number of members of the Board, including voting turnout and quorum. This agreement will be contingent to the approval of the Comision Para el Mercado Financiero ( CMF hereinafter)
Additionally, the shareholders meeting appointed the following members of the Board: Salvador Said Somavia, Raquel Costa, Emilio Deik Morrison, Karen Ergas Segal, Gonzalo Said Handal, Fernanda Vicente Mendoza y Francisco Matte Risopatron and Thayde Olarte (Alternate Director).
The structure and composition of the Board will remain unchanged until the new members are effectively appointed which shall occur within the 60 days following the approval of the CMF of the amended bylaws.

Rafael Bilbao
General Counsel Scotiabank Chile
(Free translation of Spanish Communication)

Attachments

Communication of Material Fact_JEA.pdf
Total size =106K