The
shareholders are informed that in accordance with the resolution of
the Ordinary and Extraordinary General Shareholders’ Meeting
dated April 27, 2023 and the Board of Directors meeting dated April
27, 2023,
due to the delegations made by the Shareholders'
Meeting, a cash dividend of
ARS 21,900,000,000, charged to the year ended on June 30, 2022,
equivalent to 2,731.345050496% of the stock capital with collection
right represented by a total of 801,802,760 shares, will be made
available to the shareholders as of May 5, 2023, or on the
subsequent date resulting from the application of the regulations
in the jurisdictions where the Company's shares are listed
(“Date of Provision”).
The
amount per ordinary share (VN$1) will be ARS 27.31345050496 and the
amount per each Global Depositary Share (GDS) wil be ARS
273.1345050496, payable to all shareholders that have such quality
as of May 4, 2023, according to the registry held by Caja de
Valores S.A.
Payment
will be made through Caja de Valores S.A., at its address located
at 25 de Mayo 362, City of Buenos Aires, from 10 am to 3
pm.
GDS
holders will receive the amounts corresponding to the dividend
through The Bank of New York Mellon, depositary of said
certificates as of the date resulting from the application of the
regulations in force in the jurisdiction where the Company's GDSs
are listed.
It is
reported that the distribution of dividends has its origin
according to the following detail:
●
The amount of ARS
5,409,000,000 has its origin in tax results accrued in fiscal years
that began prior to July 1, 2018. Consequently, it is not subject
to the 35% withholding established in section 74 of the Income Tax
Law, (Decree 824/2019 and modifications), since the dividends to be
distributed do not exceed the taxable income determined based on
the application of the general rules of said law.
●
The amount of ARS
16,491,000,000 has its origin in results accrued in fiscal years
that began after July 1, 2018, which is why it is subject to the 7%
withholding established in section 97 of the Income Tax Law (Decree
824/2019 and modifications).