Annual Shareholders' Meeting Announcement | 2020
On the occasion of the preventive isolation mandate of Decree 457 of
2020, the CEO of INTERCONEXIÓN ELÉCTRICA S.A. E.S.P. (hereinafter
"ISA") refers to the call initially published on February 23, 2020
and informs that the Ordinary General Shareholders' Meeting will be held under
the remote modality on Friday, March 27, 2020 at 9:00 a.m., in
accordance with the terms of Article 19 of Law 222 of 1995 and regulations
contained in Decree 398 of 2020.
To ensure the proper development of the remote
meeting, all shareholders interested in exercising their political rights shall
be required to:
1. Grant an authorization
with voting instructions to one of the proxies suggested by ISA. The proxies
are attorneys who will represent the shareholders at no cost, and are neither
employees nor directors of the company or companies of the ISA Group. State
entities that are shareholders may participate through their proxies or
officers authorized for this event, if they choose to do so.
2. The procedure is as
follows:
(i) Enter the website www.isa.co and download the
authorization template. (ii) Fill out the authorization, indicating the proxy
and the voting rights for each of the proposals submitted for consideration of
the Meeting, which are also published on www.isa.co. (iii)
Sign the authorization and email it to accionesISA@isa.com.co, together with the
annexes demonstrating the identity and/or representation powers of the
shareholder. This same procedure will apply if the shareholder decides not to
use the authorization template, who will send the authorization text of his
choice, following these indications.
3. Authorizations will be
received until 6:00 p.m. on March 26, 2020, one day prior to the General
Shareholders' Meeting.
4. Proxies will participate
in the remote meeting through the Teams platform, and will represent the
shareholders who have granted the respective authorization.
5. The gift what is usually
offered will be sent to the address indicated in the authorization.
Shareholders can watch
the Meeting live by entering www.isa.co. Should you require
assistance during the transmission, you can call the toll-free Line 01 8000 914
543.
Below is the agenda to be submitted to the Shareholders' Meeting for
consideration:
Quorum verification.
Approval of the agenda:
1. Election of the Meeting’s Chairman.
2. Report of the Secretary on the approval of Minutes 109
of March 29, 2019.
3. Election of the Commission for approval of the Minutes
and scrutinies.
4. Welcome speech by the Board of Directors’ and reading
of the Board of Directors
Operation Report and Corporate Governance Report.
5. Presentation and approval of the 2019 Integrated
Management Report.
6. Reading and presentation of ISA's Individual and
Consolidated Financial Statements as of December 31, 2019.
7. Reading of the Statutory Auditor's report.
8. Approval of ISA's Individual and Consolidated
Financial Statements as of December 31, 2019.
9. Approval of the profit distribution project for 2019
to decree dividends and create equity reserves.
10. Election of the Statutory
Auditor and allocation of fees.
11. Election of the Board of
Directors.
12. Reading and approval of the
Remuneration Policy for the Board of Directors.
13. Approval of fees for Board of
Directors’ members for the April 2020 – March 2021 period.
14. Miscellaneous or proposals from
shareholders.
ISA has implemented the controls and technological tools necessary to
hold the General Shareholders' Meeting under the procedure described above,
given the circumstances in the country as a result of the health
emergency. This procedure is approved by the Financial Superintendence of
Colombia which, considering the new mandatory preventive isolation measures
decreed by the National Government, has allowed this type of representation to
facilitate the participation of shareholders in the Meeting.
As part of our
commitment to the country, we appreciate the collaboration of all the
shareholders by complying with these measures in order to hold the General Shareholders'
Meeting in a timely manner under the current public health conditions.
BERNARDO VARGAS GIBSONE
Chief Executive Officer