Exhibit 99.1
MATERIAL FACT
LATAM Airlines Group S.A
SECURITIES REGISTRY N° 306
Santiago, April 30th 2020
Mr.
Joaquín Cortez Huerta
Chairman
Commission for the Financial Market
1449 Av. Libertador Bernardo O´Higgins
Present
Re: Material fact report - New Board
Dear Chairman:
In accordance with the provisions of articles 9 and 10 of Law No. 18,045 on the Securities Market, and on the General Rule No. 30, duly authorized, I inform you as a material fact that in the Ordinary Shareholders' Meeting of LATAM Airlines Group S.A. held today, the shareholders of LATAM elected the new Board of Directors of the company, which will last for two years. The following persons were elected as board members:
1. | Enrique Cueto Plaza; |
2. | Nicolas Eblen Hirmas; |
3. | Ignacio Cueto Plaza; |
4. | Henri Philippe Reichstul; |
5. | Giles Edward Agutter; |
6. | Sonia J.S. Villalobos; |
7. | Enrique Ostale Cambiaso; |
8. | Eduardo Novoa Castellon (independent); and |
9. | Patrick Horn Garcia (independent). |
Sincerely yours,
Juan Carlos Menció
Vice President of Legal Affairs
LATAM Airlines Group S.A.