Ownership & Control

The ownership structure of Colbún S.A. to December 31, 2017 is :

Controller

The Company’s control is exercised through a joint control and management agreement subscribed with respect to Forestal O’Higgins S.A and other affiliates, whereby the control of the Company is exercised by the majority shareholders mentioned in the table. Forestal O’Higgins is owned by members of the families: Larraín Matte, Matte Capdevila and Matte Izquierdo, in the manner and in the proportions set forth below:

  • Patricia Matte Larraín, ID N° 4.333.299-6 (6.49%) and her children María Patricia Larraín Matte, ID N° 9.000.338-0 (2.56%); María Magdalena Larraín Matte, ID N° 6.376.977-0 (2.56%); Jorge Bernardo Larraín Matte, ID N° 7.025.583-9 (2.56%), and Jorge Gabriel Larraín Matte, ID N° 10.031.620-K (2.56%).
  • Eliodoro Matte Larraín, ID N° 4.436.502-2 (7.21%) and his children Eliodoro Matte Capdevila, ID N° 13.921.597-4 (3.27%); Jorge Matte Capdevila, ID N° 14.169.037-K (3.27%), and María del Pilar Matte Capdevila, ID N° 15. 959.356-8 (3.27%).
  • Bernardo Matte Larraín, ID N° 6.598.728-7 (7.79%) and his children Bernardo Matte Izquierdo, ID N° 15.637.711-2 (3.44%); Sofía Matte Izquierdo, ID N° 16.095.796-4 (3.44%), and Francisco Matte Izquierdo, ID N° 16.612.252-K (3.44%).

The shareholders mentioned above pertain by kinship to the same business group.

The ownership structure of Colbún S.A. to December 31, 2017 is:
Business name %
Minera Valparaíso S.A. 35,17
Forestal Cominco S.A. 14,00
Forestal Constructora y Comercial del Pacífico Sur S.A. 0.19
Forestal y Minera Canadilla S.A. 0,18
Forestal Cañada S.A. 0,13
Forestal Bureo S.A. 0,10
Inversiones Orinoco S.A. 0,10
Inversiones Coillanca Ltda. 0,09
Inversiones Coillanca Ltda. 0,09
Inmobiliaria Bureo S.A. 0,00
Total 49,96