Business Context and Reporting Period
Company: Banco de Chile
Filing Type: Form 6-K (Report of Foreign Private Issuer)
Date: June 10, 2025
Subject: Change of Auditor
Key Financial Metrics
This filing does not contain financial performance data. The document is a current report regarding corporate governance and audit appointments. No revenue, profit, cash flow, margin, debt, or liquidity figures are provided in this text.
Material Changes
The primary material change reported is the replacement of the Bank's external auditor:
- Former Auditor: EY Servicios Profesionales de Auditoría y Asesorías Limitada (not re-elected).
- Successor Auditor: KPMG Auditores Consultores Limitada (appointed for the fiscal year ending December 31, 2025).
- Approval Process: The decision was approved by the Audit Committee, Board of Directors, and the ordinary shareholders meeting held on March 27, 2025.
Management Commentary and Risks
Audit History and Disagreements:
- The Former Auditor's reports for fiscal years 2023 and 2024 contained no adverse opinions, disclaimers, or qualifications regarding uncertainty, scope, or accounting principles.
- No disagreements occurred between the Bank and the Former Auditor during the 2023-2024 fiscal years or the audit engagement period ending April 24, 2025, regarding accounting principles, disclosures, or audit scope.
- No reportable events as defined in Item 16F(a)(1)(v)(A) through (D) of Form 20-F occurred during the relevant periods.
Consultation with Successor Auditor:
During the most recent two fiscal years and the audit engagement period ending April 24, 2025, the Bank did not consult with the Successor Auditor (KPMG) regarding accounting principles for specific transactions or matters involving disagreements or reportable events.
Investor Verification Checklist
- Verify the effective date of the new audit engagement with KPMG Auditores Consultores Limitada.
- Review the Former Auditor's letter (Exhibit 99.1) to confirm their agreement with the statements regarding the lack of disagreements.
- Monitor upcoming financial reports for the fiscal year ending December 31, 2025, to assess the transition impact on audit quality and reporting timelines.
- Confirm that no undisclosed disagreements or reportable events exist between the Bank and the former auditor post-April 24, 2025.