The Board of Directors of Banco de Chile, in Meeting held on March 24, 2016, agreed to accept the resignation of the CEO Mr. Arturo Tagle Quiroz, effective April 30, 2016. Likewise, the Board appointed Mr. Eduardo Ebensperger Orrego as CEO of Banco de Chile, effective May 1, 2016. Mr. Arturo Tagle Quiroz was appointed as advisor to the Board of Directors effective May 1, 2016.