Exhibit 99.1
MATERIAL FACT
LATAM Airlines Group S.A
SECURITIES REGISTRY N° 306
Santiago, April 27, 2021
Mr.
Joaquín Cortez Huerta
Chairman
Commission for the Financial Market
1449 Av. Libertador Bernardo O´Higgins
Present
Re: Material fact report - Appointment of Chairman
And Vice President and Board Committee
Dear Chairman:
In accordance with the provisions of articles 9 and 10 of Law No. 18,045 of the Securities Market, and of the General Rule No. 30, I inform you the following as material facts of LATAM Airlines Group S.A.:
I. Chairman and Vice President. At a Board Session held today, Mr. Ignacio Cueto Plaza and Mr. Enrique Cueto Plaza were appointed as Chairman and Vice President, respectively.
II. Board Committee. In the same session, and as disposed in the Article 50 bis of Corporations Law N°18,046, it was registered that the Board Committee will be composed of the following Board Members: Mr. Eduardo Novoa Castellón (independent), Mr. Patrick Horn García (independent) and Mr. Nicolás Eblen Hirmas.
Sincerely yours,
Juan Carlos Menció
Vice President of Legal Affairs
LATAM Airlines Group S.A.