Empresas Copec (COPEC) Corporate presentation summary

Business overview and structure

• Major industrial group in Chile focused on natural resources and energy, with leading positions in forestry, energy, and other sectors.

• Third largest global market pulp producer and fourth largest wood panel producer.

• Main distributor of liquid fuels in Chile and Colombia, and largest liquefied gas distributor in several Latin American countries.

• Consolidated adjusted EBITDA of US $3.3 billion, with 58% from energy and 38% from forestry.

• Operations span forestry, energy, mining, fishing, and food industries, with assets totaling US $35.4 billion.

Competitive advantages

• Among the most efficient pulp producers globally, with low cash costs and balanced fiber exposure.

• Integrated production system and strong logistics, maximizing value from forest to port.

• World-scale player in pulp and panel industries, ranking third and fourth globally in installed capacity.

• Leading market share in fuels and lubricants distribution across multiple Latin American countries.

• Strong brand recognition and network efficiency in energy distribution.

Strategic focus and growth

• Growth concentrated in core segments of forestry and energy, with significant asset expansion since 2000.

• Diversification within core businesses, with a multiproduct energy platform and broad regional exposure in forestry.

• Asset allocation based on yield, risk, synergies, and leveraging internal know-how.

• Active divestment strategy generating over US $2.7 billion in the last five years.