May 2017
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Corporate Presentation | Sigdo Koppers Company Overview Sigdo Koppers , Chilean conglomerate founded in Sales 1960. One of the most dynamic and important (US$ millions) industrial groups in Chile. Our commitment is a long term investment industrial approach, aiming to be a comprehensive supplier of products and services for the mining and industrial operations worldwide. Consolidated EBITDA (US$ millions) Ingeniería y Enaex Enaex Magotteaux Magotteaux SK Comercial SK Comercial Construcción 60,43% 60,72% 97,75% 86,82% At a Glance Net Profit Puerto (US$ millions) SK Godelius CHBB SKBergé 286 (1) Ventanas 50,01% 58,19% 74,59% 40,00% 121 (2) Source: Company Note: The percents correspond to the ownership of Sigdo Koppers over its subsidiaries, as of December 2016 3 (1) Net Profit of 2011 have an extraordinary effect of US$157 millions mainly due to the sale of CTI (2) Net Profit of 2013 have an extraordinary loss of US$29.2 millions mainly due to the sale of Sigdopack
Corporate Presentation Sigdo Koppers Corporate Governance Board of Directors Ownership Structure Mutual funds and other institutional investors; 4,37% Stock Brokers; 8,02% Pension funds & Insurance companies; 8,43% Others; 3,76% Ownership structure as of Feb-17 1. Juan Eduardo 2. Naoshi Matsumoto Errázuriz Ossa Takahashi Chairman Vicepresident 4. Juan Andrés Fontaine 3. Horacio Pavez Aro ▪ Daily Average vol. traded (1) : US$0.3 millions Talavera Director Director 5. Canio Corbo Lioi 6. Jaime Vargas Serrano ▪ Market Cap: US$1.5 billions (As of April 27th 2017) Independent Director Director At a Glance 7. Norman Hansen Rosés Director Source: Santiago Stock Exchange. 4 (1) Last 12 month
Corporate Presentation | Sigdo Koppers Corporate Social Responsibility (CSR) SK seeks sustainable development, with a business vision that favors respect for ethics, people, communities and environment. Sigdo Koppers is part of DJSI Chile index and UN Global Compact, under which it committs to respect principles of responsible behavior, in order to achieve the objectives of building a sustainable and inclusive global economy SK manages and measures the development of CSR under ISO 26.000 certification Labor Relations: Corporate Governance: ✓ Emphasis on occupational ✓ Code of Ethics health and risk prevention ✓ Investor Relations ✓ Training and labor certification (ICSK) ✓ Integration of people with Customers and Suppliers : disabilities(Fundación Chile At a Glance ✓ ISO 9001 Dual) ✓ Studies Community: Environment: ✓ CFT Talcahuano. ✓ Carbon credit (CERs) ✓ Improving community project (Enaex) environment (Square ✓ ISO 14001 certification SKBergé, Program “Un contrato, un árbol” SKC) ✓ Dialog programs(PVSA) 5
Corporate Presentation | Investment approach Strategic focus on the mining and industry Supplier of products and services for the mining ✓ Strategic Focus: Provide products and ✓ aprox. 75% of the SK’s Consolidated EBITDA services for the mining and industry comes from the exposure to the mining activities ✓ Involved in the main stages of the mining value chain 3 4 1 2 MINING ORE MINING OPERATION SALES & LOGISTICS DEVELPOMENT PROCESSING … + + + 1 Anglo American - Minera Los Bronces: 2 3 4 + + + Codelco – Andina: 1 2 3 4 6 + + BHP Billiton - Minera Escondida: 1 2 3
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Industrial Industrial Services Commercial & Automotive Puerto Enaex Magotteaux ICSK CHBB / SK Godelius SKC SKBergé Ventanas ICSK Industrial Construction Services ▪ Ingeniería y Construcción Sigdo Koppers (ICSK) is a leading company in the execution of engineering, construction and industrial erection projects with a solid reputation both in Chile and abroad ▪ +50 years of experience in construction and industrial erection ▪ The company has participated in the execution of the main relevant projects for the development of Chile , and has also executed large scale works in Peru and Argentina Consolidated Sales (US$ millons) ▪ The company has ample experience in projects in the areas of Mining and Metallurgy, Chemistry and Petrochemistry, Energy Generation and Transmission, Industrial Buildings , Pulp and Paper, and Civil Works ▪ ICSK owns a large fleet of new construction machinery ▪ Long term relationship with Bechtel Source: ICSK 8
Industrial Industrial Services Commercial & Automotive Puerto Enaex Magotteaux ICSK CHBB / SK Godelius SKC SKBergé Ventanas Support to Environmental Services of Engaged in Technical Civil works clients in the solutions for construction training construction construction, the local areas of and erection organization and erection of submarine pipe, industry operation, long projects in committed to medium- scale electro through term Peru. the projects. mechanics services and maintenance development of erections, consultancies. of their qualified utilities and port productive human works. assets and resources. operation of Industrial assets. 9
Industrial Industrial Services Commercial & Automotive Puerto ICSK Enaex Magotteaux CHBB / SK Godelius SKC SKBergé Ventanas Puerto Ventanas Logistics and transport ▪ Leading private port in the central region of Chile ▪ Puerto Ventanas engages in two lines of business: ▪ Loading and unloading solid and liquid bulk ▪ Storage of the cargo if necessary ▪ Main cargo associated to mining and energy clients: mineral concentrates, coal, fuel Tons transfered ▪ It has ample stockpiling yards and modern (Thousands tons) facilities that offer significant comparative advantages ▪ Ferrocail del Pacífico S.A. (Fepasa) is the main subsidiary of Puerto Ventanas (51,82%) ▪ Fepasa is the largest railroad freight company in the central and south zone of Chile Source: PVSA 10
Industrial Industrial Services Commercial & Automotive Puerto ICSK Enaex Magotteaux CHBB / SK Godelius SKC SKBergé Ventanas Puerto Ventanas Logistics and transport . Railroad Port Business Business Loading & Warehousing unloading 11
Industrial Industrial Services Commercial & Automotive Puerto ICSK Magotteaux Enaex CHBB / SK Godelius SKC SKBergé Ventanas Enaex Rock fragmentation services ▪ Founded in 1920, Enaex is the most important producer of ammonium nitrate, mining explosives and provider of integral rock-breaking services in Chile and Latin America ▪ The company is vertically integrated in its most important raw materials and conducts virtually all activities in the value chain of rock-blasting ▪ Enaex is the leader in the Chilean market (60%) ▪ Enaex has three production plants: Loa River, Teatinos Point and Prillex America Consolidated Sales (US$ millons) ▪ The company developed the largest Carbon Emission Project in Chile. The greenhouse gas emission rights have been assigned to Mitsubishi ▪ In 2015 Enaex acquired Britanite (Brazil) and Davey Bickford (France) Source: Enaex 12
Industrial Industrial Services Commercial & Automotive Puerto ICSK Magotteaux Enaex CHBB / SK Godelius SKC SKBergé Ventanas Services and Explosives Petrochemical Area International Business (Chile) ▪ 50 years of experience in explosives manufacturing and rock blasting services ▪ Leader in Brazil with 40% of MkSh ▪ 11 years of experience in explosives and rock blasting services ▪ Largest Ammonium Nitrate ▪ Factory Trucks: 92 ▪ 10% of MkSh in A.N. in Perú Plant in the region ▪ Service Plants: 35 ✓ Prillex America (Chile) ▪ Río Loa: Cartridge Explosives ▪ 150 years of experience 850 thousands tons/year Plant as manufacturer and ▪ Punta Teatinos: Cartridge distributor of electronic detonators for the Emulsions Plant explosives industry 13
Industrial Industrial Services Commercial & Automotive Puerto ICSK Enaex Magotteaux CHBB / SK Godelius SKC SKBergé Ventanas Magotteaux High performance wear resistant consumables ▪ Magotteaux, based on Belgium, is a leading global provider of high chrome grinding media (GM) and castings ▪ Principal end markets for Magotteaux’s products are the mining and cement industries ▪ The company has 19 wholly-owned manufacturing facilities across 11 countries and 25 commercial offices worldwide ▪ The main facilities are located in Belgium, Brazil, United States and Thailand ▪ Magotteaux has a Joint Venture with Scaw Metals in South Africa ▪ Installed capacity (tons/year) Consolidated Sales (1) (US$ millions) ▪ High chrome GM: 320.000 ▪ Low chrome GM: 55.000 ▪ Forged steel GM: 55.000 ▪ Castings: 66.000 ▪ JV with Scaw Metals: 100.000 (high chrome GM) ▪ Magotteaux provides high value-added products, being recognized as an innovation and technology leader (1) Figures 2009-2011 does not consolidate Sabo Chile and 50% of Proacer. Source: Magotteaux After 2011, Figure consolidates both SK Sabo Chile and 100% of Proacer 14
Industrial Industrial Services Commercial & Automotive Puerto ICSK Enaex Magotteaux CHBB / SK Godelius SKC SKBergé Ventanas Magotteaux High performance wear resistant consumables 33.2 9.7 6.5 2.5 54.0 9.0 9.0 41.4 9.0 7.3 5.0 5.0 135.0 4.5 37.9 3.8 100.0 60.0 50.0 High chrome GM (1) Scaw Metals – Technical Assistance Forged steel GM Castings Low chrome GM Source: Magotteaux (1) GM: Grinding Media Capacity installed in thousands tons, as of December 2014 15
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