Slide 1: Letter on unused balance of approved capital increase
As it is shown in the table, as of the date of this response, the unused balance of the capital increase approved by the Extraordinary Shareholders’ Meeting of December 20, 2012 amounts to Ch$ 813,302 million. This information is hereby reported at the request of the Superintendence of Securities an
Slide 2: Initiative for the reorganization of the Company's corporate structure in Latin America
BORRADOR PRELIMINAR — ESCENARIOS HIPOTETICOS — SUJETO A CAMBIOS. Initiative for the reorganization of the Company’s corporate structure in Latin America. April 2015
Slide 3: Current corporate structure: main limitations
O BORRADOR PRELIMINAR — ESCENARIOS HIPOTETICOS — SUJETO A CAMBIOS Current corporate structure: main limitations Simplified current structure 99,1% Complex corporate structure + The existence of cross shareholdings between Enersis, Endesa Chile and Chilectra creates contusion for investors and other
Slide 4: Current corporate structure
BORRADOR PRELIMINAR — ESCENARIOS HIPOTETICOS — SUJETO A CAMBIOS Current corporate structure
Slide 5: Conditions prior to an eventual operation
BORRADOR PRELIMINAR — ESCENARIOS HIPOTETICOS — SUJETO A CAMBIOS Conditions prior to an eventual operation It must be carried out according to market conditions (arm’s Jength) It must not alter the current control structure It must not require additional financial resources from shareholders It shoul
Slide 6: Corporate reorganization in Latin America: Main guidelines
BORRADOR PRELIMINAR — ESCENARIOS HIPOTETICOS — SUJETO A CAMBIOS Corporate reorganization in Latin America: Main guidelines The restructuring plan aims to simplify Enersis’ organization and corporate structure, which implies separating the Chilean activities from the international activities. Specifi
Slide 7: Reorganizing the corporate structure in Latin America: Target structure
BORRADOR PRELIMINAR — ESCENARIOS HIPOTETICOS — SUJETO A CAMBIOS Reorganizing the corporate structure in Latin America: Target structure ‘Subject to the approval of the governing bodies of Enersis, Endesa Chile and Chilectra Enersis’ Restructuring Plan foresees the separation of Chilean activities fr
Slide 8: Possible reorganizing alternative of the corporate structure in Latin America
BORRADOR PRELIMINAR — ESCENARIOS HIPOTETICOS - SUJETO A CAMBIOS Possible reorganizing alternative of the corporate structure in Latin America Conditioned to prior studies and relevant consultations, Enersis’ restructuring plan could be structured according to the following three steps: Creating a pu
Slide 9: Enersis post transaction
BORRADOR PRELIMINAR — ESCENARIOS HIPOTETICOS - SUJETO A CAMBIOS Enersis post transaction + Design of a new equity story based: Consolidation + At the industry level, in the innovation of Chile's energy model and in the of the Enel Group's bet for Chile. 2 billion over the next 5 years. development o
Slide 10: Proposed schedule
BORRADOR PRELIMINAR — ESCENARIOS HIPOTETICOS - SUJETO A CAMBIOS Proposed schedule + April 22: The Board of Directors of Enel will meet in Santiago to analyze the proposed corporate reorganization, which is to be communicated to the market according to Italian regulations and passed to Enersis and th
Slide 11: Signatures
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. ENERSIS S.A. By: /s/ Luca D' Agnese -------------------------------------------------- Titl