MATERIAL FACT REPORT
Registration in the Securities Registry No. 743
Santiago, August 13th, 2020
Joaquín Cortez Huerta
Financial Market Commission
Ref.: Report of Material Fact.
In compliance with the provisions of Article 9 and the second paragraph of Article 10 of Law No. 18,045, as amended, and General Applicability Rule No. 30 of the Financial Market Commission, I hereby report the following Material Fact concerning Cencosud S.A. (the "Company"):
On the date hereof, the Company entered into a long-term Framework Commercial
Cooperation Agreement with Delivery Technologies SpA ("'Cornershop" and, together with the Company, the "Parties"), whereby the terms and conditions were agreed upon to form a strategic alliance that will allow consumers to have access, through the platform developed by Cornershop, to a wide variety of products offered by the Company in different countries where it operates (the "Agreement").
Additionally, the Agreement provides for the joint development of technological projects over time, which have the potential to optimize the operational efficiency of the Parties and introduce improvements in the service and support that they provide to their customers.
Notwithstanding to the fact that it is possible to expect an increase in the Company's sales and greater efficiency in its operation, it is not possible at this time to measure the financial effects that the Agreement will have on the Company.
Matías Videla Solá
Corporate General Manager
c.c.: Santiago Stock Exchange Electronic Stock Exchange Bondholders' Representative
Cencosud SA published this content on 13 August 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 18 August 2020 21:19:02 UTC