18 slides from Sociedad Quimica Y Minera De Chile Sa Pfd Series A's investor presentation, May 2025
Slide 1: Corporate Presentation May 2025
CORPORATE PRESENTATION May 2025
Slide 2: Customary note regarding forward-looking statements
This presentation release contains “forward-looking statements” within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements can be identified by words such as: “anticipate,” “plan,” “believe,” “estimate,” “expect,” “strate
Slide 3: SQM at a Glance: Strong Performance Across All Business lines
SQM at a Glance: Strong Performance Across All Business lines LTM* Revenues: US$4.5 billions | LTM Adjusted EBITDA1: US$1.4 billions LTM Adjusted EBITDA Margin : 32% | NFD*/Adjusted EBITDA: 1.6x Lithium and Specialty Plants Iodine and Industrial Potassium derivatives Nutrition derivatives chemicals
Slide 4: Responsible Business Strategy
Delivering Sustainable Solutions to Global Challenges Responsible Responsible Processes Research and Development Development, research and innovation. Business Reduce our ecological footprint and protect Create unique solutions for global markets that enable us to enhance the company´s value in a su
Slide 5: Our commitment to Sustainability
Our commitment to Sustainability At SQM, sustainability is one of our core corporate values. We are actively engaged in several alliances and hold various certifications that demonstrate our strong commitment to meeting ESG standards. SQM is member of the United Nations Global Compact, Global Batter
Slide 6: Global Presence and Diversified Sales Channels
Global Presence and Diversified Sales Channels Europe North America 14% 16% Latam & Asia & Others Caribean 61% 5% Commercial Offices Chile Joint Venture Production Plants 4% Mining Operations SQM – Corporate Presentation 6 Note: Revenues for the last twelve months ending March 31, 2025.
Slide 7: Summary of First Quarter 2025 Results
Summary of First Quarter 2025 Results US$1,037m US$305m US$138m US$360m 35% % Change % Change % Change % Change % Change Q-on-Q Q-on-Q Q-on-Q 14% Q-on-Q 10% Q-on-Q 14% (3.5)% 4% Y-on-Y Y-on-Y Y-on-Y Y-on-Y (11)% Y-on-Y (7)% (4)% (17)% (116)% Trend Trend Trend Trend Trend Revenues Contribution Gross
Slide 8: Results Key Drivers 1Q2025 vs 1Q2024
Results Key Drivers 1Q2025 vs 1Q2024 • Lithium: sales volumes growth (+27%), with lower year-on-year average sales prices (-27%) • Iodine: higher average sales prices (+10%) • Potassium: higher average sales prices (8%) LTM* Gross Profit Contribution SQM – Corporate Presentation *Last twelve months
Slide 9: SQM Lithium: High Sales Volumes into a Low-Price Environment
SQM Lithium: High Sales Volumes into a Low-Price Environment Lithium and derivatives Global Lithium Chemical Market • We expect the global lithium market demand to TM Gross Profit: $517 million grow ~17% in 2025. • Strong EV and BESS sales growth M Revenues: $ 2,197 million SQM Lithium • Record firs
Slide 10: SQM Lithium: Integrated Production, Sustainable Solutions, Full Traceability
SQM Lithium: Integrated Production, Sustainable Solutions, Full Traceability Chile Australia China Chile: capacity expansions: China: SQM´s lithium lithium carbonate to 240,000 MT in 2026 hydroxide refinery + tolling lithium hydroxide to 100,000 MT by end of from lithium sulfate, 2025 40,000 MT Aust
Slide 11: Iodine and Derivatives: Capturing Demand Growth in High Price Environment
Iodine and Derivatives: Capturing Demand Growth in High Price Environment Iodine and derivatives Global Iodine Market • We expect that total demand could grow by 1- 2% in 2025. TM Gross Profit US$525 million • Market remains tight with high prices and limited supply. TM Revenues: US$983 million SQM
Slide 12: SQM Nitrates and Iodine: Maintaining Leading Position & Supporting Future Growth
SQM Nitrates and Iodine: Maintaining Leading Position & Supporting Future Growth TARAPACÁ Brownfield Projects : additional REGION capacity of 1,500 MT of iodine and 90,000 MT of nitrates salts Nueva Victoria Greenfield Projects: additional 2,500 MT of iodine capacity and 250,000 MT of nitrates salts
Slide 13: Specialty Plant Nutrition: Demand and Sales Volumes Recovery Accelerates
Specialty Plant Nutrition: Demand and Sales Volumes Recovery Accelerates Specialty Plants Nutrition Global KNO3 Market TM Gross Profit US$161 million • We expect a back- to- normal market growth rate around 4-5% in 2025 TM Revenues: US$946 million compared to 2024. SQM KNO3 • upward pressure on pric
Slide 14: Potassium: Demand Recovery and Increased Sales Volumes
Potassium: Demand Recovery and Increased Sales Volumes Potassium Global Potash Market TM Gross Profit US$33 million • Strong market demand and TM Revenues: US$250 million some supply disruptions have led to upward pressure on prices. • We believe the total market size to be around 72 million tons. S
Slide 15: Industrial Chemicals: Stable Outlook Confirmed
Industrial Chemicals: Stable Outlook Confirmed Industrial Chemicals Global Industrial Chemicals Market TM Gross Profit US$30 million • Industrial potassium nitrate TM Revenues: US$75 million market prices remains relatively stable. SQM • We expect flat sales volumes in 2025 compared to 2024. ~32% Ma
Slide 16: Ownership & Dividends
Ownership & Dividends 20% 21% 15% 16% Bank of New York Mellon (ADRS) 14% Tianqi Ownership Structure1 14% Pampa Group Kowa Group 2% 2% Chilean Pension Funds 22% 22% Others Dividend policy: 30% of Net Income 26% 26% 1 According to the Shareholder Registry as of March 31, 2025 SQM – Corporate Presentat
Slide 17: Agreement with CORFO
Agreement with CORFO Payments Li2CO3 LiOH KCL US$/MT % US$/MT % US$/MT % Production Allowance < 4,000 6.8 < 5,000 6.8 <300 3 4,000 – 5,000 8 5,000 – 6,000 8 300 – 400 7 Total production quota 2018-2030: 349,553 MT of LME or ~2.2 5,000 – 6,000 10 6,000 – 7,000 10 400 – 500 10 million metric tons of L
Slide 18: Contact information
Contact information Gerardo Illanes CFO gerardo.illanes@sqm.com Isabel Bendeck Investor Relations isabel.bendeck@sqm.com