The Shareholders’ Meeting is the instance in which the shareholders exercise their right to decide on the matters of the company that the law hands over to their competence. Falabella’s Shareholders’ Meetings are divided into two classes: Ordinary and Extraordinary. The Ordinary Shareholders’ Meeting is held once a year, within the first four months, in order to carry out tasks such as reviewing the company’s situation and the reports of the external auditors, approving the Annual Report and balance sheet, distribution of dividends, election of directors and appointment of external auditors.