Sociedad Química y Minera de Chile (SQM) Corporate presentation summary

Financial performance and business overview

• FY2025 revenues reached $4.6 billion, with adjusted EBITDA of $1.6 billion and a 35% margin; net financial debt to adjusted EBITDA was 1.2x.

• Fourth quarter 2025 revenue was $1,324 million, with gross profit of $449 million and net income of $184 million; adjusted EBITDA margin was 38%.

• Lithium and derivatives contributed 50% of FY2025 revenues, followed by specialty plant nutrition (21%), iodine and derivatives (23%), potassium (3%), and industrial chemicals (2%).

• Ownership is diversified, with major stakes held by Bank of New York Mellon (20%), Tianqi (17%), Pampa Group (13%), Kowa Group (2%), Chilean Pension Funds (26%), and others (22%).

• Dividend payout for 2025 is set at 30% of net income.

Business segment highlights

• Lithium: Record sales volumes (+33% YoY) and higher average prices (+4% YoY); FY2025 revenues were $2,288 million, with 95% of sales in Asia & Others.

• Iodine: Higher sales volumes (+16% YoY) and prices (+4% YoY); FY2025 revenues were $1,043 million, with a 37% global market share.

• Specialty Plant Nutrition: Stable market, FY2025 revenues of $982 million, with 40% of sales in North America and a 39% market share.

• Potassium: FY2025 revenues of $156 million; sales volumes expected to decline by 20% in 2026.

• Industrial Chemicals: FY2025 revenues of $75 million; stable outlook for 2026.

Sustainability and ESG commitments

• Achieved 73 points in the Dow Jones Sustainability Index (2025), MSCI ESG rating of A, FTSE Russell score of 3.6/5, and EcoVadis Silver Medal.

• Targets include reducing net brine withdrawal by 50% by 2028, absolute Scope 1 and 2 GHG emissions by 46.2% by 2031, and Scope 3 GHG emissions by 55% per ton of lithium carbonate equivalent by 2031.

• Iodine-Plant Nutrition aims to reduce inland water use to 60% by 2035 and GHG emissions intensity by 30% by 2035.

• Integrated sustainability throughout the supply chain and committed to responsible business practices, innovation, and human development.