OREANDA-NEWS. In accordance with the provisions of Article 9 and paragraph second of Article 10 of Law No. 18.045 about Securities Markets, and pursuant to General Rule No. 30, and being duly authorized, I hereby report the following MATERIAL FACT of LATAM Airlines Group S.A., Securities' Registration No. 306:

On this date Mrs. Maria Claudia Amaro has resigned as a member of the Board of Directors of the company, and in her place, the Board has elected Mr. Henri Philippe Reichstul. As a result, in the next annual general meeting of shareholders of LATAM Airlines Group S.A., its Board will be renewed and reelected.