Company: SQM
Filing Date: 2025-03-05
Form Type: 6-K
Source: 0000909037-25-000007
Chunk: 4

Company: CHEMICAL & MINING CO OF CHILE INC
Filing Date: 2025-03-05
Form: 6-K
Chunk 4
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 plant nutrients (*)            |     | Th. MT |     |        |     |  43.1 |     |        |     |  35.4 |     |           |     |  7.6 |     |     | 22%  |
| Specialty Plant Nutrition Revenues             |     | MUS$   |     |        |     | 224.6 |     |        |     | 223.7 |     |           | 0.9 |      |     | 0.4 | %    |

*Includes trading of other specialty fertilizers. In 2024, Specialty Plant Nutrition sales volumes grew by approximately 17% compared to the previous year, reaching nearly 983 thousand tons. However, our average realized price for the year decreased by around 12% compared to 2023, from US$1,088 per metric ton to US$958 per metric ton, resulting in moderate revenue growth for this business line, at approximately 3% year-over-year. We estimate that the potassium nitrate market, excluding internal production and consumption in China, grew by 17%, returning to 2021 levels. For 2025, we anticipate market growth of around 4-5%, with prices remaining similar to those observed during the second half of 2024. Additionally, we expect an increase in our sales volumes, in line with or slightly exceeding market growth. Gross profit (3) for SPN segment accounted for 12.6% of SQM’s consolidated gross profit for the twelve months ended December 31, 2024. Iodine and Derivatives Revenues from sales of iodine and derivatives during the twelve months ended December 31, 2024, totaled US$968.3 million, an increase of 8.5% compared to US$892.2 million reported for the twelve months ended December 31, 2023. Revenues from sales of iodine and derivatives during the fourth quarter of 2024, totaled US$225.6 million, an increase of 3.4% compared to US$218.1 million reported for the fourth quarter of 2023. Iodine and Derivative Sales Volumes and Revenues:

|                                 |     |        |     | 12M2024 |     |       |     | 12M2023 |     |       |     | 2024/2023 |     |      |     |     |
| Iodine and Der