At FORUS’ 31st Ordinary Shareholders' Meeting, held on April 20, 2022, the following was agreed to, among other issues:
- Payment of a final dividend charged against the net profits of the year 2021, equivalent to a dividend of $ 45.95178 per share, to be paid in cash, which, together with the interim dividend already paid, will be equivalent to a little more than 40% of the distributable net income for the year. The dividend will be made available on May 13, 2022, to those shareholders who appear registered in the Company's records at midnight of the fifth business day prior to that set for payment.
- Regarding the dividend policy, it was agreed that 40% of 2022 net income would be distributed as dividends, as interim or definitive dividends. Notwithstanding the foregoing, the shareholders authorized the Board of Directors to distribute eventual dividends charged to the reserve funds for an amount equivalent to up to 50% of such funds, in the period between this meeting and the next Ordinary Shareholders' Meeting. All of the above would be conditioned to the fact that the Company has sufficient cash available and that the economic situation of the country and of the Company allows it.
- The election of the Board of Directors was held. The seven Board Members were reelected for the 2022-2025 period: Mr. Alfonso S. Swett, Mr. Ricardo S. Swett, Mr. Alfonso Andrés O. Swett, Ms. Macarena O. Swett, Mr. Heriberto S. Urzúa, Mr. Francisco P. Gutiérrez and Ms. Catalina R. Cabello was reelected as the Company’s Independent Board Member.
- To appoint EY Servicios Profesionales de Auditoría y Asesoría SpA as external auditors for the 2022 fiscal year.
- The designation of Internacional Credit Rating Compañía Clasificadora de Riesgo Ltda. as the Company's risk classifier for the 2022 fiscal year.