Company: SQM
Filing Date: 2025-04-03
Form Type: 6-K
Source: 0000909037-25-000010
Chunk: 53

Company: CHEMICAL & MINING CO OF CHILE INC
Filing Date: 2025-04-03
Form: 6-K
Chunk 53
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 maturity at the request of clients to guarantee the Company’s collection. Bank promissory notes are accepted based on the classification used by the Industrial and Commercial Bank of China Limited (ICBC), which provides a list of accepted banks for clearing and/or collection of these documents based on their credit rating.

Notes to the Consolidated Financial Statement December 31, 2024 41 The classification used for bank promissory notes is as follows: - S: Large banks - T: Small-to-medium-sized banks - T1: Financial services companies - Others ICBC Classification As of December 31, 2024 As of December 31, 2023 ThUS$ ThUS$ S 5,894 112,545 T 13,626 13,218 T1 12,744 168 Others 7,476 - Total 39,740 125,931 Financial investments: correspond to time deposits whose maturity date is greater than 90 days and less than 360 days from the date of investment, so they are not exposed to excessive market risks. The counterparty risk in implementation of financial operations is assessed on an ongoing basis for all financial institutions in which the Company holds financial investments. The credit quality of financial assets that are not past due or impaired can be evaluated by reference to external credit ratings (if they are available) or historical information on counterparty late payment rates. The following financial assets correspond to time deposits of less than 90 days and investment funds held in cash and cash equivalents as of December 31, 2024. Financial institution Financial assets Rating As of December 31, 2024 Moody´s S&P Fitch ThUS$ Banco Santander Time deposits P-1 A-1 F1 104,542 Scotiabank Chile Time deposits - - F1+ 106,564 Banco Estado Time deposits P-1 A-1 F2 104,084 Banco Crédito e Inversiones Time deposits P-1 A-2 F2 1,003 Banco de Chile Time deposits P-1 A-1 - 6,307 Banco Crédito e Inversiones Investment fund AA+ - - 4,997 JP Morgan US dollar Liquidity Fund Institutional Investment fund Aaa-mf - - 1,974 Legg Mason - Western Asset Institutional cash reserves Investment fund - - AAAmmf 122,337 Total 451,808

Notes to the Consolidated Financial Statement December 31, 2024 42 The following financial assets correspond to term deposits over