Empresas CMPC S.A. (“CMPC” or the “Company”) is regulated by Law No. 18,046 governing open stock corporations and the securities market. It is subject to audit by the Chilean Securities and Insurance Superintendence.
The Company is headed by a Board of Directors with nine members who are elected by the Shareholders’ Meeting and remain in office for three years. The Board meets monthly to evaluate and decide on company matters relating to economic, social and environmental issues.
Shareholders may present their views on company affairs at the shareholders’ ordinary and extraordinary meetings convened as required by law. All decisions taken by the Board that might affect the interests of the company, as well as any relevant facts, are communicated to the supervising authorities, the stock markets and the general public.
CMPC’s accounts are audited and certified by external auditors, approved by the Board and made available to the supervising authorities and the general public. CMPC is subject to supervision from various authorities and regulatory organizations in the various countries in which it operates.
The collection of documents below contains the policies and procedures that have been approved for the implementation of agreements and practices voluntarily adopted by the CMPC Board of Directors in matters relating to Corporate Governance. They will be revised on an annual basis.
1). Company Bylaws
This document contains the Company Bylaws for CMPC S.A.
2). Code of Ethics
This document provides guidelines for good practices in those principles and values that govern the conduct of CMPC workers, executives and supervisors.
3). Corporate Governance Manual
This Manual establishes the principles and values that govern Corporate Governance at Empresas CMPC S.A.
4). Free Competition Manual
The CMPC Free Competition Manual contains the principles and values that have steered the course of the Company since its foundation. Free competition is the essence of the market economy since it promotes the development of more and better products and services. This guide is intended as a consultation manual for all Company collaborators and is to be used as a permanent tool for facing the challenges inherent in our business.
5). Information Management Manual
This Manual contains all the information that, although not a material fact or essential information, is useful for an adequate financial analysis of Empresas CMPC S.A. and its subsidiaries or of the securities issued by these companies.
6). Prevention Model
The Prevention and Criminal Responsibility Model for the Empresas CMPC legal entities is binding for each and every CMPC worker, as well as for its directors, executives and service providers.
7). Policy for Normal and Ordinary Operations
This policy relates to the normal and ordinary operations are part of the Empresas CMPC S.A. corporate purpose, undertaken with related parties.
8). Compendium of CMPC Corporate Governance Policies and Procedures
This Compendium contains the policies and procedures that have been approved for the implementation of agreements and practices voluntarily adopted by the CMPC Board of Directors in matters relating to Corporate Governance. They will be revised on an annual basis.
9). Reporting Hotline
A simple, safe reporting hotline has been set up to maintain and protect the highest standards of ethics and integrity in company business. This provides anonymity and confidentiality to anyone who knows of or suspects any activity that might imply a violation of laws or of the Company’s principles, values, or Code of Conduct. For further information about the Reporting Hotline, please look at the “terms and conditions” link below before making any report.