Corporate Governance

The composition of the Board of Directors is the result of the decision of shareholders. Since 2016, it has been made up of nine directors, related to the controller and independent. They remain in office for three years and meet ordinarily once a month and extraordinarily when appropriate.


Its role is the company’s administration, regulated by Law 18,046 on Corporations. It is responsible for strategic planning, in terms of the review, correction, validation and monitoring of its execution, as well as of the annual business plan and the budget for its achievement.

The Board meets at least once every six months with the partners responsible for the external auditing company in charge of auditing financial statements, to analyze the audit plan and other relevant aspects of the matter.

Members


Luis Felipe Gazitúa A.

Chairman

Appointment date

04/26/2019

Ximena Corbo

Director

Appointment date

04/28/2022

María Cecilia Facetti

Director

Appointment date

04/28/2022

Carmen Sfeir

Director

Appointment date

04/28/2022

Jorge Marín C.

Director

Appointment date

04/26/2019

Bernardo Matte Izquierdo

Director

Appointment date

04/28/2022

Pablo Turner G.

Director

Appointment date

04/26/2019

Jorge Matte C.

Director

Appointment date

04/26/2019

Bernardo Larraín M.

Director

Appointment date

05/07/2021

Committees of the Board of Directors

In order to support the work of the Board of Directors and thus allow proper management of CMPC corporate governance, committees have been established, dedicated to specific matters that ensure the correct and timely execution of their decisions. Said committees are:



Directors´ Committee

MEMBERS: Three CMPC directors, two of whom are independent.

FREQUENCY: The committee meets monthly.

MAIN RESPONSIBILITIES: It performs its functions in accordance with the provisions of article 50 bis of Law No. 18,046.

Integrantes

Jorge Marin

Vivianne Blanlot

Rafael Fernández

Audit Committee

MEMBERS: CMPC Board Chairman, two directors and the Corporate Attorney.

FREQUENCY: The committee meets monthly.

MAIN RESPONSABILITIES: Supervise the execution of the annual audit plan, evaluating the effectiveness of the controls implemented to mitigate the identified risks. The Internal Audit Manager reports directly to this committee.

Integrantes

Luis Felipe Gazitúa

Ramiro Mendoza

Vivianne Blanlot

Rafael Cox

Ethics and Compliance Committee

MEMBERS: CMPC Board Chairman, one director, CMPC General Manager and the Corporate Attorney.

FREQUENCY: The committee meets monthly.

MAIN RESPONSABILITIES: Supervise the execution of the Compliance Strategy (Integrity and Compliance Program) as well as learn about the internal investigation processes carried out, deciding on the adoption of corrective measures as appropriate.

Integrantes

Luis Felipe Gazitúa

Ramiro Mendoza

Francisco Ruiz-Tagle

Rafael Cox

Financial Risk Committee

MEMBERS: CMPC Board Chairman, two directors, CMPC General Manager, the Finance Manager, the Corporate Attorney and an external advisor appointed by the Board of Directors.

FREQUENCY: The committee meets quarterly.

MAIN RESPONSABILITIES: Supervise the adequate identification and mitigation of the Company’s financial risks, recommending the adoption of measures for their correct management

Integrantes

Luis Felipe Gazitúa

Jorge Marín

Bernardo Matte L.

Francisco Ruiz-Tagle

Fernando Hasenberg

an external advisor appointed by the Board.

Sustainability Committee

MEMBERS: CMPC Board Chairman and two directors: Vivianne Blanlot and Bernardo Matte I., CMPC General Manager, the Corporate Affairs Manager and the Sustainability and Environment Manager

FREQUENCY: The committee meets bimonthly with a total of six sessions per year.

MAIN RESPONSABILITIES: The Sustainability Committee has been created by CMPC Board of Directors with the main purpose of directly supervising the implementation of the company’s sustainability strategy in its economic, social and environmental spheres, as well as verifying effective compliance with the objectives and goals set in this regard, and may also review and propose the adoption of best practices that allow reinforcing CMPC’s long-term commitment to sustainable development.

Integrantes

Luis Felipe Gazitúa

Vivianne Blanlot S.

Bernardo Matte I.

Francisco Ruiz-Tagle E.

Guillermo Turner O.

Nicolás Gordon A.

Main executives

The General Manager is in charge of the main executives, all high-level professionals, who are responsible for the implementation of the guidelines of the Board of Directors.


Francisco Ruiz-Tagle Edwards

Empresas CMPC General Manager

Appointment date

08/01/2018

Rafael Cox Montt

Corporate Attorney

Appointment date

01/01/2010

Gonzalo Darraidou Díaz

Softys General Manager

Appointment date

11/01/2015

Fernando Hasenberg

Finance and Administration Manager

Appointment date

11/09/2021

Jorge Navarrete García

CMPC Biopackaging Manager

Appointment date

02/01/2020

Raimundo Varela Labbe

CMPC Celulosa Manager

Appointment date

09/15/2020

José Antonio Correa García

Corporate Development Manager

Appointment date

12/01/2018

Guillermo Turner Olea

Corporate Affairs Manager

Appointment date

05/01/2016

Felipe Alcalde Arrau

Innovation and Information Manager

Appointment date

03/4/2019

Florencia Iglesias

Persons & Organization Manager

Appointment date

06/21/2021

Sandra Riquelme

Environment Manager

Appointment date

01/18/2021