Empresas Copec (COPEC) investor relations material

Business overview and structure

• Focuses on natural resources and energy, with major operations in forestry and energy sectors, and additional interests in mining, fishing, and food industries.

• Third largest global market pulp producer and second largest global wood panel producer.

• Main distributor of liquid fuels and liquefied gas in Chile, Colombia, Peru, and Ecuador; operates the most extensive EV charging network in South America.

• Consolidated assets total US $34.6 billion as of March 2026, with energy and forestry as core segments.

• Holds significant stakes in flagship companies across energy, forestry, and mining, including Arauco, Copec, Abastible, Terpel, and Alxar.

Historical evolution and strategic focus

• Over nine decades, expanded from energy into forestry, mining, and fishing, with internationalization in core segments since 2010.

• Strategic focus on growth in core segments, with asset allocation based on yield, risk, and synergies.

• Active divestment strategy generated over US $2.5 billion in the last five years, optimizing portfolio value.

• Asset allocation criteria emphasize leveraging know-how and strategic complementarity.

Competitive advantages

• Among the most efficient global pulp producers, with low cash costs and diversified fiber exposure.

• Integrated production system and strong logistics, maximizing value from forest to port.

• Market leadership in fuels, lubricants, and LPG distribution across multiple countries.

• Large-scale operations and strong brand recognition drive high market share in Chile and Colombia.