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BANCO DE CHILE : REPORT ON FORM 6-K (Form 6-K)

08/31/2021 | 05:02pm

BANCO DE CHILE

REPORT ON FORM 6-K

Attached is an English translation of a letter filed by Banco de Chile with the Chilean Financial Market Commission and local Stock Exchanges, informing that Banco de Chile and Citigroup Inc. have extended the term of the Cooperation Agreement, Global Connectivity Agreement and Amended and Restated Trademark License Agreement and also amended the Global Connectivity Agreement and the Master Services Agreement.

Santiago, August 31, 2021.

Mr. Joaquín Cortez Huerta

President

Financial Market Commission

Present

Ref: ESSENTIAL INFORMATION.

Mr. President,

Pursuant to Articles 9 and 10 of Law No. 18,045 and Chapter 18-10 of the Regulations of Banks and Financial Institutions, I hereby inform you as an essential information that, on this date, Banco de Chile and Citigroup Inc. have agreed to extend the term of the Cooperation Agreement, Global Connectivity Agreement and the Amended and Restated Trademark License Agreement, the first two entered into on October 22, 2015 and the latter on November 29, 2019.

Pursuant to the aforesaid extension, the term of such agreements is extended from January 1st, 2022 until January 1st, 2024, and before August 31st, 2023 the parties may agree to another extension for two years starting on January 1st, 2024. In the event the latter does not take place, the agreements shall be automatically extended once for a term of one year starting on January 1st, 2024 until January 1st, 2025. The same renewal procedure may be used in the future as the parties may agree from time to time.

Along with the foregoing and on the same date, Banco de Chile and Citigroup Inc. entered into an amendment to the Global Connectivity Agreement and an Amended and Restated Master Services Agreement, where they agreed that their tenor will be the same established in the Cooperation Agreement referred above.

The Board of Banco de Chile, in meeting N° BCH 2,952 of August 26, 2021, approved the extension, amendment and subscription of the aforementioned agreements, in the terms provided by articles 146 et seq. of the Chilean Corporations Law (Ley de Sociedades Anónimas).

Sincerely,
Eduardo Ebensperger
Chief Executive Officer

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Banco de Chile published this content on 31 August 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 31 August 2021 21:01:08 UTC.

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