Banco Itaú Chile Files Material Event Notice announcing the appointment of Director

Rhea-AI Summary

Banco Itaú Chile (SSE: ITAUCL) has filed a Material Event Notice with the Chilean Commission for the Financial Market, announcing significant changes to its Board of Directors. The notice reports that Mr. Milton Maluhy Filho has resigned from his position as director, effective September 30, 2024. In response, the Board has appointed Mr. Gabriel Amado de Moura as his replacement, starting October 1, 2024.

Mr. Amado de Moura will serve until the next Ordinary Shareholders Meeting, where a final appointment will be made. Additionally, he will assume the role of vice-chairman of the Board of Directors. The full Material Event Notice is available on the company's investor relations website at ir.itau.cl.

Positive

• Appointment of a new director and vice-chairman, potentially bringing fresh perspectives to the Board
• Smooth transition process with clear dates for the change in directorship
• Transparent communication with shareholders through Material Event Notice

Negative

• Resignation of a current director, which may lead to temporary leadership gap
• Uncertainty about the permanent appointment, pending the next Ordinary Shareholders Meeting

SANTIAGO, Chile, Sept. 24, 2024 (GLOBE NEWSWIRE) -- BANCO ITAÚ CHILE (SSE: ITAUCL) announced that it filed today a Material Event Notice with the Chilean Commission for the Financial Market reporting that, at the ordinary session held on this date, the Board of Directors of Banco Itaú Chile (the “Bank”) learned about the resignation of Mr. Milton Maluhy Filho from the position of director of the Bank, which will take effect on September 30, 2024.

Likewise, on this same date, the Board of Directors of the Bank agreed to appoint Mr. Gabriel Amado de Moura as his replacement, effective as of October 1, 2024, who will continue to serve in his role until the next Ordinary Shareholders Meeting, at which the final appointment will be made. In addition, as of the aforementioned date, Mr. Gabriel Amado de Moura will assume the position of vice-chairman of the Board of Directors of Banco Itaú Chile.

The Material Event Notice is available on the company’s investor relations website at ir.itau.cl.

Investor Relations – Banco Itaú Chile

IR@itau.cl / ir.itau.cl

FAQ

Who is resigning from Banco Itaú Chile's Board of Directors?

Mr. Milton Maluhy Filho is resigning from his position as director of Banco Itaú Chile, effective September 30, 2024.

Who will replace the resigning director at Banco Itaú Chile (ITAUCL)?

Mr. Gabriel Amado de Moura will replace Mr. Milton Maluhy Filho as director, effective October 1, 2024.

What additional role will the new director assume at Banco Itaú Chile?

Mr. Gabriel Amado de Moura will also assume the position of vice-chairman of the Board of Directors of Banco Itaú Chile.

When will the final appointment of the new director be made for Banco Itaú Chile (ITAUCL)?

The final appointment will be made at the next Ordinary Shareholders Meeting of Banco Itaú Chile.

Where can investors find the Material Event Notice filed by Banco Itaú Chile?

The Material Event Notice is available on the company's investor relations website at ir.itau.cl.