- At its shareholders meeting, the company reaffirmed its commitment to the Andean Region and gave account of its growth plans for its three markets: Chile, Peru and Colombia.
- It was the first shareholders meeting led by Pablo Pulido as the company’s new CEO.
Santiago, 17 March 2026.- After a year of historic results, Mallplaza held its Ordinary Shareholders Meeting, which this time was presided over by Chairman of the Board Sergio Cardone and the company’s new CEO Pablo Pulido. During the event, the executives celebrated the company’s 35 years of history, marked by Mallplaza’s leadership position in the Andean Region, and thanked the incorporation of institutional partners, which have decisively supported the company’s new growth phase.
“It’s been a wonderful journey, in which we have had the conviction to keep the ongoing connection with people at the core of what we do and, from there, develop urban centers where social encounter takes place, with a robust commercial and entertainment offering,” said Sergio Cardone, chairman of the board at the company, which now has 37 urban centers in 23 cities in Chile, Peru and Colombia.
Cardone highlighted that the historic figures that marked 2025, with a profit of USD 405.3 million without considering the effect of asset revaluations, an EBITDA of USD 577.5 million and a visitor flow of 385.3 million visitors are “the effect of the conviction regarding the social role that its spaces fulfill, the executive team’s business capacity and ongoing innovation. We are prioritizing the use of data and technology to get to know our visitors better, enhance their experience and support our tenants with information-based decisions,” he said.
For his part, Mallplaza CEO Pablo Pulido reaffirmed his commitment to successfully promote the growth and transformation plan that is under way, worth over USD 600 million. “It’s my first shareholders’ meeting since I took over as Mallplaza SA CEO last January and I cannot hide the pride, joy and optimism I feel at leading a company that connects with people in a profound way, with passion and tireless energy that motivates and drives us every day to have a positive impact on communities and those who visit us,” he said.
Among the most significant milestones of 2025, the executive highlighted strong and proactive commercial management, which managed to renew 868 contracts (out of a total of 5,155), incorporate 519 new stores, adding 84,500 m2 of new propositions to its original portfolio, and Mallplaza Premium Outlets Biobío’s first months of operation, which has managed to bring together an offering of major brands with excellent acceptance and performance, ensuring that the company moves forward with the transformation of two assets in Peru to this format.
In addition, Pablo Pulido highlighted that, regarding new uses, progress is algo being made “with our housing densification strategy in our urban centers, which will enhance their offering through the execution of multi-family projects for lease, the sale of properties for housing development and the construction of housing for sale, taking advantage of our portfolio’s great development potential.”
At the meeting, the executives also mentioned Mallplaza’s operational strength, which has driven a stock market liquidity that consolidates the company as a new investable asset for global funds, with an average daily liquidity of USD 8.6 million.
Lastly, after the speeches and reviewing the annual report and financial statements for 2025, the payment of a definitive and final dividend of CLP 40 per share was approved, to be charged to net distributable profits from 2025, which together with the provisional dividend of CLP 28 per share approved by the Board on 27 August 2026 and paid on 16 September that same year, brings the total to CLP 68 per share, charged to 2025 profits and equivalent to 40.32%of the profits earned in that period.
