Company: SQM
Filing Date: 2025-06-12
Form Type: 6-K
Source: 0000909037-25-000030
Chunk: 46

Company: CHEMICAL & MINING CO OF CHILE INC
Filing Date: 2025-06-12
Form: 6-K
Chunk 46
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 rate observed at the end of the period. As of December 31, 2024, this value corresponds to a net liability amounting US$ 25.83 million.

Furthermore, as of March 31, 2025, the Company held derivative instruments classified as hedges of foreign exchange risks associated with 100% of all nominative time deposits in UF and in pesos, at a net asset fair value of US 1.77 million. As of December 31, 2024, a net liability fair value was recognized for an amount of US$15.40 million of net asset.

To ensure the difference between its assets and liabilities, the Company held the following derivative contracts as of March 31, 2025 (as the absolute value of the sum of their notional amounts): US$ 173.5 million in Chilean peso/dollar derivative contracts, US$ 39.66 million in euro/dollar derivative contracts, US$ 17.03 million in South African rand/dollar derivative contracts, US$ 334.00 million in Chinese renminbi/dollar derivative contracts, US$ 32.30 million in Australian dollar/dollar derivative contracts and US$ 7.00 million in other currencies.

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### Notes to the Consolidated Interim Financial Statements

#### March 31, 2025
These derivative contracts are held with domestic and foreign banks, which have the following credit ratings as of March 31, 2025:

| Financial institution       |     | Financial assets |     | Rating |     |     |     |     |
| Moody´s                     |     | S&P              |     | Fitch  |     |     |     |     |
| MUFG                        |     | Derivative       |     | P-1    |     | -   |     | F1  |
| Merrill Lynch International |     | Derivative       |     | P-1    |     | A-2 |     | F1+ |
| JP Morgan                   |     | Derivative       |     | P-1    |     | A-1 |     | F1+ |
| Morgan Stanley              |     | Derivative       |     | P-1    |     | A-2 |     | F1  |
| The Bank of Nova Scotia     |     | Derivative       |     | P-1    |     | A-1 |     | F1+ |
| Banco Itaú Corpbanca        |     |