Company: SQM
Filing Date: 2025-12-15
Form Type: 6-K
Source: 0000909037-25-000048
Chunk: 85

Company: CHEMICAL & MINING CO OF CHILE INC
Filing Date: 2025-12-15
Form: 6-K
Chunk 85
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4. 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 September 30, 2025 As of December 31, 2024 ThUS$ ThUS$ Raw material and supplies for production 17,659 5,082 Products in progress 74,464 75,100 Finished product 28,642 34,450 Total 120,765 114,632 The Company has not pledged inventory as collateral for the periods indicated above. Notes to the Consolidated Interim Financial Statements September 30, 2025 69 As of September 30, 2025, and December 31, 2024, movements in provisions are detailed as follows: Reconciliation As of September 30, 2025 As of December 31, 2024 ThUS$ ThUS$ Beginning balance 114,632 133,768 Increase (decrease) in carrying amount (4,204) (14,517) Additional provision for differences in inventories - 171 Reclassifications provision fixed assets to inventory of materials and supplies 12,361 - Provision used (2,024) (4,790) Total changes 6,133 (19,136) Final balance 120,765 114,632 For further details, see accounting policy for inventory measurement in Note 3.15

Notes to the Consolidated Interim Financial Statements September 30, 2025 70 Note 12 Related party disclosures 12.1 Related party disclosures Balances pending at the period end are not guaranteed, accrue no interest and are settled in cash, no guarantees have been delivered or received for trade and other receivables due from related parties or trade and other payables due to related parties. 12.2 Relationships between the parent and the entity Pursuant to Article 99 of Law of the Securities Market Law, the CMF may determine that a company does not have a controlling entity in accordance with the distribution and dispersion of its ownership. On November 30,