Dividend Policy for Fiscal Year 2025
The Board of Directors intends to distribute an interim dividend, out of retained earnings through September 30, 2025, of up to 15% of retained earnings, as shown in the financial statements of Enel Generación Chile S.A. as of that date, to be paid in January 2026. In addition, the Board of Directors intends to propose to the Annual Shareholders' Meeting, to be held in the first quarter of 2026, to distribute as a final dividend, an amount equivalent to 70% of 2025 net profits. The final dividend will correspond to the dividend to be determined by the Annual Shareholders' Meeting to be held in the first quarter of 2026. Compliance with the aforementioned program will be conditioned, in terms of dividends, to the profits actually earned, as well as to the results indicated in the projections made from time to time by the Company or to the absence of certain supervening conditions during the corresponding fiscal year that could alter the aforementioned projections, as the case may be.
Enel Generación Chile S.A. Dividend Payment Procedure
For the payment of dividends, whether interim or final, and in order to avoid the undue collection thereof, Enel Generación Chile S.A. contemplates the following methods: 1. Deposit in a bank checking account, held by the shareholder; 2. Deposit in a bank savings account, held by the shareholder; and 3. Withdrawal of a cashier’s check payable on demand at any branch of Banco de Crédito e Inversiones (BCI) throughout the country, or at the bank and its branches determined for such purpose and which will be informed in the notice published on the payment of dividends. If the cashier’s check payable on demand is not withdrawn, a nominative check may be withdrawn at the offices of DCV Registros S.A., in its capacity as Manager of the Shareholders' Registry of Enel Generación Chile S.A. For these purposes, the bank checking or savings accounts may be anywhere in the country. It should be noted that the payment method chosen by each shareholder will be used by DCV Registros S.A. for all dividend payments, as long as the shareholder does not express in writing its intention to modify it and register a new option. Shareholders who have not registered a payment method will be paid according to method No. 3 above.
In the case of deposits in bank checking accounts, Enel Generación Chile S.A. and/or DCV Registros S.A. may request, for security reasons, the verification of such accounts by the corresponding banks. If the accounts indicated by the shareholders are objected to, either in a prior verification process or for any other reason, the dividend will be paid according to the method indicated in No. 3 above. On the other hand, the Company has adopted and will continue to adopt in the future all the necessary security measures required by the dividend payment process, in order to safeguard the interests of both the shareholders and Enel Generación Chile S.A.