|Administradora de Fondos de Pensiones Provida SA (AFP Provida) is a Chile-based private pension fund administrator. The Company's activities include the investment and collection of its affiliates' contributions, the management of individual capitalization accounts and the provision of life and disability benefits, as well as senior retirement pensions. AFP Provida through its subsidiary Provida Internacional SA maintains equity interests in private pension fund administrators operating in Peru, Ecuador and Mexico. AFP Provida is also authorized to establish local related corporations that may complement its line of business or invest in pension fund administrators or entities located in other countries whose business is related to pension matters. As of December 31, 2010, the Company's majority shareholder was BBVA Inversiones Chile SA.