Enel Americas S.A. · BCS:ENELAM
Enel Americas — Enersis — Merger or Acquisition (July 2015)
8 slides from Enel Americas's merger presentation, Jul 28, 2015
Slide 1: Enersis: corporate reorganization update and 1H 2015 results
Enersis: corporate reorganization update and 1H 2015 results July 28 , 2015
Slide 2: Corporate structure reorganization: objectives of the transaction
Corporate structure reorganization Objectives of the transaction under analysis Enersis Investor Relations To Simplify the organizational structure and to accelerate the decision process. To simplify the To create a focused management team in each of the entities with defined responsibilities an
Slide 3: Business overview: Chile vs Rest of Latam
Corporate structure reorganization Business overview 1 Enersis Investor Relations Chile Rest of Latam Capacity by technology2: Capacity by technology: • Installed capacity: • Installed capacity: Coal 6,351 MW Coal 10,517 MW 2% Operating Operating 10% data • Distribution clients: data • Distribution
Slide 4: Description of the transaction under analysis
Corporate structure reorganization Description of the transaction under analysis Enersis Investor Relations • This Transaction would be carried out through the following corporate transactions: EXECUTION STRUCUTRE 1. Spin-offs of Chilectra, Endesa Chile and Enersis: • Chilectra would spin-off its no
Slide 5: Pro-forma corporate structure
Corporate structure reorganization Pro-forma corporate structure Enersis Investor Relations Current Structure Post Transaction Chilean Latam1 investment Pure Chilean Group vehicle Enersis 99.1% 60.0% Enersis Enersis Chile Americas 99.1% 60.0% Endesa Chilectra Chile Endesa Chilectra ARG BRA COL PE Ch
Slide 6: SVS requirements
Corporate structure reorganization SVS requirements Enersis Investor Relations • In accordance with the “Oficio nº 15443” notified by the Chilean stock Exchange regulator (“SVS”) on July 20th 2015: • Neither the spin-offs, nor the merger, nor the combination of spin-off/merger, are considered relate
Slide 7: Indicative transaction timeline
Corporate structure reorganization Indicative transaction timeline Enersis Investor Relations Preparation of transaction reports Spin-off process: ~ 3 months Merger process: ~ 6 months BoDs to decide on EGMs to vote spin- Merger of BoDs EGMs to the execution of the offs2 and present Spin-offs Enersi
Slide 8: Enersis: corporate reorganization update and 1H 2015 results
Enersis: corporate reorganization update and 1H 2015 results July 28 , 2015