First Quarter Earnings Presentation / 2016 Important Notice - - PowerPoint PPT Presentation

May 2016 First Quarter Earnings Presentation / 2016

2 First Quarter Earnings Presentation/ 2016 Statements in this presentation concerning the Company’s business outlook

• r future economic performances, anticipated profitability, revenues,

expenses, or other financial items, anticipated cost synergies and product or service line growth, together with other statements that are not historical facts, are “forward-looking statements” as that term is defined under Federal Securities Laws. Any forward-looking statements are estimates, reflecting the best judgment

• f SQM based on currently available information and involve a number of

risks, uncertainties and other factors that could cause actual results to differ materially from those stated in such statements. Risks, uncertainties, and factors that could affect the accuracy of such forward-looking statements are identified in the public filing made with the Securities and Exchange Commission, and forward-looking statements should be considered in light of those factors.

Important Notice

3 First Quarter Earnings Presentation/ 2016

543 649 467 296 213 200 100 200 300 400 500 600 700 2011 2012 2013 2014 2015 LTM Mar 16

Revenues Net Income

Results

2.145 2.429 2.203 2.014 1.728 1.733 500 1.000 1.500 2.000 2.500 3.000 2011 2012 2013 2014 2015 LTM Mar 16 US$ Million US Million

 Lower prices in iodine and potassium businesses  Volume recovery in 2016 helps to stabilize revenues, but margins under pressure  Net income for 2015 and LTM March 2016 includes one-time charge of US$57.7 million related to restructuring iodine and nitrates facilities

4 First Quarter Earnings Presentation/ 2016

Revenue Contribution

1Q2016/1Q2015

Results

US$ Million

Gross Profit Contribution

1Q2016/1Q2015

388 392

• 2
• 15

30

• 8
• 4

2

300 320 340 360 380 400 420

131 114 1

• 12

22

• 2
• 25
• 1

100 110 120 130 140 150

Cost savings initiatives remain a priority

SPN Iodine Lithium

• I. Chem.

Potassium

P Q

~ ~

5 First Quarter Earnings Presentation/ 2016

Market Outlook

Potash Market: Global demand estimates higher in 2016 than in 2015; prices under pressure. Potassium Nitrate: Strong growth seen in value-added water soluble segment; prices more stable than potash prices. Iodine Market: Demand growth ~2% in 2016; prices remain under pressure Lithium Market: Strong market growth (~10%) and higher prices Solar Salts: SQM expects sales of >70,000 MT in 2016

Contact Information:

Gerardo Illanes: VP of Finance and IR, gerardo.illanes@sqm.com Kelly O’Brien: Head of Investor Relations, kelly.obrien@sqm.com Carolyn McKenzie: Investor Relations, carolyn.mckenzie@sqm.com