Companias Cic S.A. (Chile)

Companias Cic S.A. is a company located in Santiago, Chile. It has a suitable corporate governance structure, with a Board of Directors composed of five members who constantly work to strengthen the long-term model and ensure the creation of sustainable value in a company with a 110-year history. The General Manager, who oversees the area managers, is under the authority of the Board of Directors. The company conducts an annual evaluation of its corporate governance to ensure its proper functioning, using the General Character Standard No. 385 as a tool to identify opportunities for improvement. The objectives of their corporate governance model include guaranteeing the generation of sustainable value for the company, both from an economic and financial perspective, as well as a social and environmental one. They aim to promote a culture of business ethics that helps the Board of Directors and management prevent potential irregularities. They also strive to provide an effective framework of transparency, control, and responsible management by establishing policies and norms for decision-making. The company prioritizes safeguarding its corporate reputation to contribute to long-term value creation. They aim to enhance the transparency and reliability of the company's financial information and ensure efficiency in management, process improvement, and regulatory compliance.