Community

Corporate Volunteering

An important role is played by Banco de Chile's more than 8,500 employees who participate in its various corporate volunteer programs.

• Senior Citizens Support Program
• Women in Technology
• A Meaningful Christmas

Inclusion, Non-Discrimination and Respect for Diversity

Banco de Chile's new Policy on Inclusion, Non-Discrimination and Respect for Diversity, which was released in 2021 and confirmed in 2022, focuses community engagement initiatives on gender equality, support for migrants and people with disabilities.

In this context, the Bank continues to support Teletón and reinforce its commitment to sports, especially Paralympic sports, and has built new alliances to spotlight these issues through competitive grants and annual programs.

Its main elements are:

• Quality of life, work-life balance and co-accountability
• Gender equality
• Fair treatment
• Promotion of human rights

Other initiatives:

• Participation in Inclusiveness Expo
• Chilean Open
• Paralympic tennis players

Teletón

Teletón is one of the most representative initiatives of Banco de Chile's commitment to inclusion. Support for this charitable crusade dates back to the foundation’s beginnings in 1978. Every year since then, the Bank has made available to the Teletón Foundation its network of infrastructure and technology and thousands of employee volunteers to collect donations made in Chile and around the world. It also makes a financial contribution. During 2022, close to 10 thousand employees volunteered for this initiative and a total of Ch$43,959,783,308 was raised.

Although the majority of donations (50.4%) was made online through different digital platforms, there was a sharp increase in the number of donations made in person, accounting for 49.6% of the total number of donors. This represents an increase of 44% with respect to last year.

All these efforts will finance rehabilitation treatments for more than 31,000 children and young people who receive care in the 14 Teletón institutes from Arica to Coyhaique.

Education and financial well-being

Contributing to financial education and well-being is another of Banco de Chile's main commitments to the community. To this end, it has developed training programs to reach entrepreneurs, micro-entrepreneurs, neighborhood councils, migrants and students from different universities, schools and regions of the country. The ultimate goal of these activities is to promote inclusion and contribute to people's well-being.

Its four areas of action are:

• Financial Education in Schools
• Financial Education Mentoring
• Training programs

Work with Universities

Support for Entrepreneurs

Banco de Chile is aware of the role that entrepreneurship plays in the country’s economic development and the positive impact an entrepreneur can have within his or her community. For this reason, one of the main priorities of its community engagement programs is to support entrepreneurship in its different stages, with a special emphasis on women microentrepreneurs.

The main initiatives in 2022 were:

Banco de Chile SME Program

This free program, promoted by Banco de Chile, seeks to offer local micro, small and medium-sized companies the opportunity to strengthen their businesses through benefits and initiatives. In 2022, over 168 thousand companies benefited from the program.

National Entrepreneur Challenge Competition

Banco de Chile and Desafío Levantemos Chile organized the National Entrepreneurial Challenge Competition for the seventh consecutive year. This initiative promotes the development of micro-entrepreneurs and SMEs throughout Chile. The latest version of the contest, which attracted more than 30 thousand entrepreneurs, has been narrowed down to 32 finalists. The winners will be announced in the first half of 2023. Of the finalists, 16 are microenterprises and 16 are SMEs.

Women Who Inspire

This comprehensive program promotes gender equality, education, jobs and development in local economies. The program, which aims to positively impact the development of Chile and its people, involves different areas of the Bank and volunteers from offices throughout the country. During 2022, awards were given to 40 women microentrepreneurs or leaders of social organizations who are leaving their mark on their communities.

Banco de Chile Innovative Woman Award

The institution gave out the Banco de Chile 2022 Innovative Woman Award for the first time this year at the Avonni 2022 Awards. This recognition seeks to spotlight the success stories of people who are creating value through innovation in different areas and categories, and that are accelerating sustainable development in Chile and its regions.

Community in Figures

Community Investment*

Social Investment Table	Ch$
Donations	$558.583.950
Community investment	$5.343.865.700
Total	$5.902.449.650

*Includes tax-exempt and non-tax-exempt donations, sponsorships, SENCE tax credits in the form of mandated and pre-contract scholarships and other activities developed to promote the Commitment to Chile and sustainability.

Sponsoring Chilean Athletes

Since mid 2022 Banco de Chile has been the official sponsor of tennis player Alejandro Tabilo, who achieved the best ATP ranking of his career and the number 1 position in Chile. Since December 2022, it has also officially sponsored the Chilean National Rugby Team in all its categories, including Los Cóndores, which qualified for the first time ever for the Rugby World Cup to be held in France in September 2023. It also sponsors Selknam, the country's first professional rugby team, which will begin its fourth season in 2023 in South America's top competition, the American Super Rugby League.

These athletes are now part of the select group sponsored by Banco de Chile, including Bárbara Hernández, known as the Ice Mermaid, Guinness record holder and first Latin American woman to reach the Ice Hall of Fame; beach volleyball players Marco and Esteban Grimalt, champions of the Beach Pro Tour, gold medalists at the South American Games in Paraguay and Best of the Best 2022, awarded by the Chilean Sports Journalists Circle; wheelchair tennis players Macarena Cabrillana and Alexander Cataldo, winners of the Chilean Open 2022 Banco de Chile Cup, and skater Josefina Tapia, gold medalist at the South American Games of Sports on Wheels, among other outstanding Chilean athletes.

More information on community programs and initiatives can be found in the Community chapter in the 2022 Annual Report.