Company: SQM
Filing Date: 2025-04-03
Form Type: 6-K
Source: 0000909037-25-000010
Chunk: 141

Company: CHEMICAL & MINING CO OF CHILE INC
Filing Date: 2025-04-03
Form: 6-K
Chunk 141
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 + 100 basis points Effect - 100 basis points ThUS$ ThUS$ Discount rate (2,575) 2,898 Employee turnover rate (338) 378 Sensitivity relates to an increase/decrease of 100 basis points. 18.6 Executive compensation plan The Company currently has a compensation plan with the purpose of motivating the Company’s executives and encouraging them to remain with the Company. There are two compensation plans in effect as of December 31, 2024: I) Financial target compensation plan (a) Plan characteristics This compensation plan is paid in cash. (b) Plan participants and payment dates A total of 40 Company executives are entitled to this benefit, provided they remain with the Company until year end of 2025. The payment dates, where relevant, will be during the first quarter of 2026. This compensation plan was approved by the Board and was first applied on January 1, 2022. The liability related to this compensation plan amounts to ThUS$ 26,621 and ThUS$ 18,428 as of December 31, 2024 and 2023 respectively. The income statement was charged with ThUS$ 8,193 and ThUS$ 9,993 during the periods ended December 31, 2024 and 2023, respectively.

Notes to the Consolidated Financial Statements December 31, 2024 118 Note 19 Provisions and other non-financial liabilities 19.1 Types of provisions Types of provisions As of December 31, 2024 As of December 31, 2023 Current Non-current Total Current Non-current Total ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ ThUS$ Provision for legal complaints (1) 8,957 106 9,063 106 1,195 1,301 Provision for dismantling, restoration and rehabilitation cost (2) - 53,011 53,011 - 58,459 58,459 Other provisions current (3) 302,240 200 302,440 392,216 796 393,012 Total 311,197 53,317 364,514 392,322 60,450 452,772 (1) These provisions correspond to legal expenses of issues pending resolution. (2) Sernageomin commitments for the restoration of the location of the production sites have been incorporated, In addition to SQM Australia Pty. This cost value is calculated at discounted present value