Dividend Policy - Financial year 2024
The Board of Directors intends to distribute an interim dividend of up to 15% of the Group net income as of September 30, 2024, as shown in the financial statements of Enel Américas S.A. as of that date, to be paid in January 2025.
In addition, the Board of Directors intends to propose to the Ordinary Shareholders' Meeting, to be held in the first four months of 2025, to distribute as a final dividend an amount equivalent to 30% of the Group net income for 2024. The final dividend will correspond to the dividend defined by the Ordinary Shareholders' Meeting, to be held in the first four months of 2025.
Compliance with the aforementioned program will be conditioned, in terms of dividends, to the Group net income obtained, as well as to the results of projections periodically made by the Company or to the non-existence of certain conditions during the fiscal year that could alter the aforementioned projections, as deemed appropriate.
Likewise, the Board of Directors will communicate its dividend policy for the year 2025 in a timely manner once it is approved. In any case, in accordance with Article 38 of the Company's bylaws, the Ordinary Shareholders' Meeting shall decide on the Board's proposal, determining the dividend amount to be distributed for the year 2025, which may not be less than 30% of the Group net income for the year, unless unanimously agreed by the issued shares. If there are no accumulated losses, the Board of Directors may distribute interim dividends during the year charged to the Group net income of the year.
Procedure for payment of dividends
For the payment of dividends, whether interim or final, and in order to avoid their improper collection, Enel Américas offers the following payment methods:
1. Deposit in a bank checking account, whose account-holder is the shareholder.
2. Deposit in a bank savings account, whose account-holder is the shareholder.
3. Virtual view voucher withdrawal at any branch of Banco de Crédito e Inversiones (BCI) throughout the country, or at the bank and its branches that are determined for this purpose and that will be reported in the notice published about the payment of dividends.
If the view voucher is not withdrawn, the nominative check is contemplated at the offices of DCV Registros S.A., in its capacity as manager of the registry of shareholders of Enel Américas S.A. For these purposes, bank checking or savings accounts can be from any place 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 state in writing their intention to modify it and register a new option. Shareholders who do not have a payment modality registered will be paid according to modality No. 3 indicated above.
In the case of deposits in bank checking accounts, Enel Américas may request and/ or DCV Registros S.A., for security reasons, their confirmation by the respective bank. If the accounts indicated by shareholders are objected to, whether in a prior verification process or for any other reason, the dividend will be paid following the method indicated in 3 above. The company has adopted and will continue to adopt in the future all the security measures required by the dividend payment process in order to safeguard the interests of the shareholders and Enel Américas.
The following chart shows the dividends per share paid in the last years:
