Summary Proceeding

I. Evidentiary Phase

On May 28, 2025, Lisa, S.A. submitted Deposition Questions, a set of twenty-four interrogatory questions for the legal representative of Avícola Las Margaritas, S.A. to answer before the Thirteenth Multi-Judge First Instance Civil Court. The responses yielded admissions central to the defense: the deponent confirmed that clause sixteen of the articles of incorporation reserves to the Board of Directors the authority to determine the date and form of payment, and that the documents attached to the complaint include no written communication to Lisa, S.A. setting those terms. On embargoes, the deponent confirmed that six judicial embargoes encumber Lisa, S.A.'s shares, dividends, and liquidation proceeds (adding that not all are in force), that the General Manager of Avícola Las Margaritas serves as judicial depositary of the embargoed assets, and that a legal impediment prevents payment.

The auditing followed on June 6, 2025, when Lic. Orlando David Beza Agustín (Bar No. 9042) submitted Expert Report after examining the corporate books of Avícola Las Margaritas, S.A. on May 29, 2025. The auditor verified that Lisa, S.A. appears as a shareholder holding 375 shares at folio 0002 of the Shareholder Registry, and that six judicial embargoes on Lisa, S.A.'s shares, dividends, and profits are annotated on the reverse of that folio, none of which has been lifted. Regarding the Assembly Minutes Book, the auditor found that minute number 19, corresponding to the assembly of June 10, 2014, approved the distribution of profits for fiscal year 2013 but did not specify the date, form, or amount of payment of dividends corresponding to Lisa, S.A. The auditor added a technical observation: under standardized accounting principles, it falls to Management to determine the form, date, and amount of payment once distribution is decreed, reinforcing the position that the obligation was never exigible.

II. Closing Arguments

On August 18, 2025, Lisa, S.A., through counsel Paola Arana Estrada, filed Arguments Brief, articulating two axes of defense. The first is the non-exigibility of the obligation: clause 16(d) of the articles of incorporation reserves to the Board of Directors the determination of the date and form of payment of approved dividends, rendering the obligation conditional under Article 1592 of the Civil Code. The expert audit of June 6, 2025 in Expert Report confirmed that the Board never set those terms, so the suspensive condition was not fulfilled and the prescriptive period could not begin to run.

The second axis is the legal impossibility of prescription running on embargoed assets. The six active embargoes, annotated between 2000 and 2012, keep Lisa, S.A.'s dividends outside its patrimonial sphere. Lisa, S.A. grounds its position in Articles 1974, 1978, 1979, and 1998 of the Civil Code and Articles 34, 35, and 40 of the Code of Civil and Commercial Procedure, arguing that Avícola Las Margaritas, as judicial depositary, bears the obligation to safeguard and collect the embargoed assets. The contradiction is direct: Avícola Villalobos Group entities obtained the embargoes that prevent payment, and Avícola Las Margaritas itself now seeks to extinguish by prescription the same obligation it retains as depositary.

Lisa, S.A. requested dismissal of the complaint and a ruling sustaining five peremptory exceptions: inadmissibility for lack of veracity in the constitutive facts of the alleged prescription, failure to meet the legal prerequisites for prescription, lack of free disposition by both parties over the dividends, violation of third-party rights through existing precautionary measures, and judicial and extrajudicial actions that interrupted the prescriptive period.

III. Related Nullity Incident

In a related proceeding (Expediente 01043-2024-00640), Avícola Las Margaritas, S.A. filed an ordinary nullity action against the public instrument through which BDT Investments, Inc. constituted a special judicial power of attorney in favor of Rossana Mishelle Ramírez Paredes, seeking to prevent BDT from intervening as third-party coadjutant in the prescription action. On September 8, 2025, the Ninth Multi-Judge First Instance Civil Court issued Order 4497, which granted the prior exception of lack of standing filed by Ramírez Paredes: the entity presumably affected by BDT's actions is Lisa, S.A., not Avícola Las Margaritas, so it is Lisa that holds the right to challenge the instrument if it deemed it appropriate. Costs were imposed on Avícola Las Margaritas, S.A. The ruling exposes an attempt at procedural obstruction, as Avícola Las Margaritas sought to neutralize the participation of a third party that could support Lisa, S.A.'s defense.