Ethics line: 018000-522790
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Corporate Governance
Shareholders' meeting
The General Shareholders' Meeting represents the company's highest governing body and is composed of each shareholder and/or their representatives registered in the share registry. Each shareholder will have as many votes as the number of shares they own, without any restrictions.
Each year, the General Assembly will meet in ordinary session to examine the situation of the company, appoint the directors and other officers of its choice, determine the company's financial guidelines, consider the accounts and balance sheet for the last fiscal year, resolve on the distribution of profits, and agree on all measures aimed at ensuring compliance with the corporate purpose.
The Assembly may be called to extraordinary meetings at any time, whenever the Board of Directors, the President, or the Statutory Auditor deems it appropriate, or whenever a number of shareholders representing no less than a quarter of the subscribed shares so desire.
Ordinary Meeting of the General Shareholders' Meeting
Documents of interest
Ordinary Meeting 2024
The ordinary shareholders' meeting of Conconcreto SA was held on March 31, 2023, at 9:00 AM under a mixed meeting (in-person and remote). The main matters presented and/or approved during the meeting were the following:
settlement proposal | Decision | Document |
|---|---|---|
Sustainability Management Report of the Board of Directors and the Presidency | Approved | See the 2024 Sustainability Management Report |
Corporate Governance Report | Approved | See 2024 Corporate Governance Report |
Financial Statements as of December 31, 2024, and their annexes | Approved | See separate and consolidated financial statements |
Profit distribution project, project to offset losses from the previous year and change in the allocation of reserves | Approved | See profit distribution project |
Appointment of the Board of Directors for the period from April 2025 to March 2027 | Approved | See Board of Directors appointment |
Appointment of the Statutory Auditor for the period from April 2025 to March 2027 | Approved | See appointment of the Statutory Auditor |
Setting the remuneration of the Statutory Auditor and the Board of Directors. | Approved | See the setting of the remuneration of the Statutory Auditor and the Board of Directors |
Consideration and approval of the draft reform to the Bylaws | Approved | See the approved reform of the Bylaws |
Board of Directors
The Board of Directors shall be composed of ten (10) directors, who shall be elected for two (2) year terms, applying the electoral quotient. Those elected may be replaced in partial elections, in which case their term shall be the remaining two years of the previous member. There are no substitutes on the Board of Directors.
The members of the Board of Directors will be elected based on criteria of professional competence, suitability and recognized moral solvency, and in any case, at least thirty percent (30%) of them will be Independent Members.
The Board of Directors is deemed to have been delegated the broadest mandate to manage the Company and, consequently, it will have sufficient powers to order the execution or celebration of any act or contract included within the corporate purpose and whose competence is not attributed by the statutes or by law to the General Shareholders' Meeting.
Members' remuneration will be set by the General Shareholders' Meeting, taking into account objective business criteria. Such remuneration will be transparent, and to this end, its amount will be disclosed in the annual information provided to the Company's shareholders.
Board Members
Board Committees
The Society has three (3) standing committees that deal with particular issues:
Audit Committee
The main task is to assist the Board of Directors in its oversight of the Internal Control System by evaluating accounting procedures, interacting with the Statutory Auditor, and generally reviewing the Company's control environment, including auditing the risk management system implemented by the Company.
Committee members
Corporate Governance Committee
The main purpose is to assist the Board of Directors in its proposals and oversight of Corporate Governance measures adopted by the company, as well as to monitor compliance with the Corporate Governance rules, periodically reviewing their compliance, recommendations, and principles.
Committee members
Human Talent Committee
The main objective is to support the Board of Directors in the exercise of its decision-making and advisory functions related to the appointments and remuneration of Board members and Senior Management.
Committee members
Our team
Nicolas Jaramillo placeholder image
President
Candelaria Rodriguez
Vice President of Corporate Affairs
Alexander Villegas
Financial Vice Presidency
Documents of interest
At Constructora Conconcreto, we are committed to contributing to building a better country through honest and transparent actions that reflect the values of all members of the organization. To this end, we have compiled a series of principles intended to establish a guide and framework for action.
Below, you'll find downloadable versions of the key documents that govern our operations as an organization.
Bylaws
Code of Good Corporate Governance
Country Code Survey
- Country Code Survey 2011
- Country Code Survey 2012
- Country Code Survey 2013
- Country Code Survey 2014
- Country Code Survey 2015
- Country Code Survey 2016
- Country Code Survey 2017
- Country Code Survey 2018
- Country Code Survey 2019
- Country Code Survey 2020
- Country Code Survey 2021
- Country Code Survey 2022
- Country Code Survey 2023
- Country Code Survey 2024
Manuals and regulations
- Framework agreement on institutional relations for the business group
- Business Conduct and Ethics Manual
- Manual for the Prevention of Money Laundering
- Conflict of Interest Policy
- Policy for the appointment of the Statutory Auditor
- Comprehensive risk management policy
- Business Group Policy
- Personal data protection policy
- Human resources policy
- Board of Directors Remuneration Policy
- Information Disclosure Policy
- Board of Directors Succession Policy
- Fraud and Corruption Risk Protocol
- Comprehensive Management System Policy
- Human Rights Policy
Ethics Line
What should we report?
– All wrongdoings included in the code of ethics
– Incorrect conduct or behavior related to shareholders
– Disclosures of privileged and confidential information by employees
– Suspected activities involving money laundering, drug trafficking, or any other illegal act. – Improper conduct or actions by management in matters related to employee performance.
– Omissions or absence of controls in processes or procedures.
It is an anonymous service for reporting any irregularities that affect the interests of the organization, any of its members, or the community in general.
- This line operates outside the organization and is staffed by independent personnel.
- Those who communicate may remain anonymous, and under no circumstances will their identities be revealed without their consent.
- Each call is assigned a code, which will be provided to the caller in case they wish to provide additional information or inquire about the general status of the investigation.
