Company: SQM
Filing Date: 2025-04-03
Form Type: 6-K
Source: 0000909037-25-000010
Chunk: 140

Company: CHEMICAL & MINING CO OF CHILE INC
Filing Date: 2025-04-03
Form: 6-K
Chunk 140
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 or benefits received during the year As of December 31, 2024 As of December 31, 2023 ThUS$ ThUS$ Financial cost 12 12 Real loss on plan assets (231) (214) Net periodic pension expenses (219) (202)

Notes to the Consolidated Financial Statements December 31, 2024 116 18.5 Staff severance indemnities As of December 31, 2024 and 2023, severance indemnities calculated at the actuarial value are as follows: Staff severance indemnities As of December 31, 2024 As of December 31, 2023 ThUS$ ThUS$ Opening balance (43,578) (34,899) Current cost of service (1,889) (4,624) Interest cost (2,549) (2,236) Actuarial gain loss 3,149 (5,947) Exchange rate difference 5,039 769 Benefits paid during the year 1,191 3,359 Total (38,637) (43,578) (a) Actuarial assumptions The liability recorded for staff severance indemnity is valued at the actuarial value method, using the following actuarial assumptions: Actuarial assumptions As of December 31, 2024 As of December 31, 2023 Annual/Years Mortality rate RV–2020/CB–2020 RV – 2020/CB-2020 Discount interest rate 5.75% 5.32% Inflation rate 3.00% 3.00% Voluntary retirement rate: Men 3.82% 3.82% Annual Women 3.82% 3.82% Annual Salary increase 4.01% 4.01% Annual Retirement age: Men 65 65 Years Women 60 60 Years

Notes to the Consolidated Financial Statements December 31, 2024 117 (b) Sensitivity analysis of assumptions As of December 31, 2024 and 2023, the Company has conducted a sensitivity analysis of the main assumptions of the actuarial calculation, determining the following: Sensitivity analysis as of December 31, 2024 Effect + 100 basis points Effect - 100 basis points ThUS$ ThUS$ Discount rate (2,352) 2,647 Employee turnover rate (309) 345 Sensitivity analysis as of December 31, 2023 Effect