Alicorp Announces Resolutions Adopted at the General Shareholders’ Meeting

LIMA, Peru--()--Alicorp S.A.A. (“the Company” or “Alicorp”) (BVL: ALICORC1 and ALICORI1), a leading Peruvian consumer goods company, announced today the resolutions adopted at the General Shareholders´ Meeting held on March 27, 2018 at 11:00 am (EST).

The following resolutions were approved at the Meeting:

  • Designation of “Paredes, Burga & Asociados S.C.L.”, accounting firm member of Ernst & Young, as the Company’s external auditor for fiscal year 2018.
  • Approval of US$ 50,000 as annual compensation to each member of the Company’s Board of Directors, as well as a net variable compensation of US$ 1,500 to be paid to those who attend any session of the Company’s committee.
  • Dividend payment of S/0.24 per share, corresponding to the net profit of fiscal year 2011.

About Alicorp

Alicorp is a leading consumer goods company headquartered in Peru, with operations in other Latin American countries, such as Argentina, Brazil, Chile, Ecuador, and exports to 23 other countries. The Company focuses on three core businesses: (1) Consumer Products (food, personal and home care products), in Peru, Brazil, Argentina, Ecuador, Colombia and other countries, (2) Industrial Food Products (industrial flour, industrial lard, pre-mix and food service products), and (3) Aquaculture (fish and shrimp feeding).

Forward-Looking Statements

Certain statements contained in this news release constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements represent Alicorp's expectations or beliefs concerning future events, and it is possible that the results described in this press release will not be achieved. These forward-looking statements are subject to risks, uncertainties and other factors, many of which are outside of Alicorp's control that could cause actual results to differ materially from the results discussed in the forward-looking statements.

Any forward-looking statement speaks only as of the date on which such statement is made, and, except as required by law, Alicorp does not undertake any obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise. New factors emerge from time to time and it is not possible for management to predict all such factors.

Contacts

Alicorp
Investor Relations
Alexander Pendavis Heksner, 511-315-0800 Ext: 444410
F: 511-315-0867
Corporate Finance Director & IRO
apendavish@alicorp.com.pe

Contacts

Alicorp
Investor Relations
Alexander Pendavis Heksner, 511-315-0800 Ext: 444410
F: 511-315-0867
Corporate Finance Director & IRO
apendavish@alicorp.com.pe