EX-99.1 2 f6k112819ex99-1_banco.htm COMMUNICATION OF MATERIAL FACT

Exhibit 99.1

Santiago, November 28, 2019

Mr.

Joaquín Cortez Huerta

President

Financial Markets Commission

Present

Ref. Communication of Material Fact.

Mr. President,

In accordance with the provisions of Articles 9 and 10 of Law 18,045 and the administrative norms of said Service, I inform you that on November 27, Banco Santander-Chile purchased shares owned by SK Bergé Financiamiento S.A. of Santander Consumer Chile S.A., which represented 49% of Santander Consumer Chile S.A., and 2% of the shares held by Banco Santander S.A of Santander Consumer Chile S.A.

As a result of this operation, Banco Santander Chile is owner of 51% of the total shares of the company Santander Consumer Chile S.A. which is now a supporting company and in accordance with Article 86 of Law 18,086, a subsidiary of Banco Santander-Chile

Sincerely,

Miguel Mata Huerta

Chief Executive Officer

C.c: Santiago Stock Exchange