Company: SQM
Filing Date: 2025-06-12
Form Type: 6-K
Source: 0000909037-25-000030
Chunk: 72

Company: CHEMICAL & MINING CO OF CHILE INC
Filing Date: 2025-06-12
Form: 6-K
Chunk 72
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2024 and non-current inventory provisions amount to ThUS$47,905 at March 31, 2025 and ThUS$54,400 at December 31, 2024. For finished goods and work in progress, the provisions recorded include those associated with the lower value of the inventory (considering lower realizable value, uncertain future use, reprocessing costs for products outside specification, etc.), which differs from inventories and potential errors in inventory determination (e.g., errors of topography, grade, humidity, etc.). (See Note 3.15 )

For raw materials, supplies, materials and parts, the lower value provision was associated with the proportion of defective materials and potential differences.

The breakdown of inventory allowances is detailed as follows:

|                                          | Type of inventory |         |     As of 
 March 31, 
      2025 |     |     |        As of 
 December 31, 
         2024 |
|:-----------------------------------------|:------------------|--------:|----------:|:----|:----|-------------:|
| ThUS$                                    |                   |   ThUS$ |           |     |     |              |
| Raw material and supplies for production |                   |         |    19,908 |     |     |        5,082 |
| Products in progress                     |                   |  73,611 |           |     |     |       75,100 |
| Finished product                         |                   |  43,675 |           |     |     |       34,450 |
| Total                                    |                   | 137,194 |           |     |     |      114,632 |

The Company has not pledged inventory as collateral for the periods indicated above.

84

### Notes to the Consolidated Interim Financial Statements

#### March 31, 2025
85

### Notes to the Consolidated Interim Financial Statements

#### March 31, 2025
86

### Notes to the Consolidated Interim Financial Statements

#### March 31, 2025
As of March 31, 2025, and December 31, 2024, movements in provisions are detailed as follows:

| Reconciliation                                      |     |     As of 
 March 31, 
      2025 |     | As of        
 December 31, 
 2024         |         |
|:----------------------------------------------------|:----|----------:|:----|:-------------|--------:|
| ThUS$                                               |