Company: SQM
Filing Date: 2025-12-15
Form Type: 6-K
Source: 0000909037-25-000048
Chunk: 21

Company: CHEMICAL & MINING CO OF CHILE INC
Filing Date: 2025-12-15
Form: 6-K
Chunk 21
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 established therein. The dividend payable to Codelco is calculated based on its share of annual Adjusted Net Income. As outlined in the Joint Venture Agreement, Codelco's proportion corresponds to 33,500 tons of lithium carbonate equivalent over the total tons of lithium carbonate equivalent sold in the year. The joint venture also outlines how to calculate the adjusted net income. Per IFRS, no provision for this amount has been recorded in SQM S.A.'s financial statements; however, when the Joint Venture Agreement becomes effective, this amount will be deducted from consolidated net income attributable to owners of the parent of SQM S.A. and will be reclassified to income for distributed to non-controlling interests. See note 3.25, 19.5 and 20.8.

Notes to the Consolidated Interim Financial Statements September 30, 2025 14 Note 2 Basis of presentation for the consolidated interim financial statements 2.1 Accounting period These consolidated interim financial statements cover the following periods: (a) Consolidated Interim Statements of Financial Position as of September 30, 2025 and December 31, 2024. (b) Consolidated Interim Statements of Income for the three-month and nine-month periods ended September 30, 2025 and 2024. (c) Consolidated Interim Statements of Comprehensive Income for the three-month and nine-month periods ended September 30, 2025 and 2024. (d) Consolidated Interim Statements of Changes in Equity for the nine-month periods ended September 30, 2025 and 2024. (e) Consolidated Interim Statements of Cash Flows for the nine-month periods ended September 30, 2025 and 2024. 2.2 Consolidated financial statements The interim consolidated financial statements of the Company and subsidiaries have been prepared in accordance with IAS 34 “Interim Financial Reporting” incorporated into IFRS accounting standards. The interim consolidated financial statements should be read in conjunction with the annual financial statements as of December 31, 2024. The accounting principles and criteria used in these interim financial statements were consistently applied throughout both periods and to the annual financial statements as of December 31, 2024. There have been no changes in the methods used to calculate accounting estimates during the periods reported. IFRS establish certain alternatives for their application, those applied by the Company are detailed in this Note and Note 3. Notes to the Consolidated Interim Financial Statements September 30