Slides
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CORPORATE PRESENTATION BTG Pactual Latam CEO Conference
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FORWARD -LOOKING STATEMENTS This presentation contains forward-looking statements that should be considered as good faith estimates. Such statements are subject to risks and uncertainties outside of CMPC's control that could cause CMPC’s actual results to differ materially from those set forth in the forward-looking statements. These risks include in particular those described in CMPC’s Financial Statements. Note 3 (“Risk Management”). Forward-looking statements speak only as of the date they are delivered. CMPC undertakes no obligation to publicly update or revise them based on developments which differ from those anticipated. INVESTOR RELATIONS CONTACT Daniela Figueroa daniela.figueroa@cmpc.com Claudia Cavada claudia.cavada@cmpc.com 2
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SUSTAINABLE LEADER IN PULP & PAPER
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Corporate Purpose WE MAKE NATURAL FIBERS FOR A BETTER FUTURE The relationship of humans with the planet is increasingly responsible. significant. and conscious. Our essence. the forest. the natural fiber. and our products are fundamental in contributing to a sustainable society. At CMPC. we are committed to this perspective which drives us to evolve as individuals. companies. forest industry. and society doing so from our values. history. and the vocation to grow together. RESPECT INTEGRITY COURAGE COLLABORATION CORPORATE VALUES 4
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PULP SOFTYS BIOPACKAGING PULP RELEVANT POSITION IN ALL BUSINESS AREAS SOFTYS BIOPACKAGING Sources: (1) CMPC Financial Statements. June 2025. Adjustments end eliminations amounted US$-39 mm at EBITDA level. (2) Hawkins Wright. The Market Outlook. August 2025. (3) CMPC calculations based on Euromonitor’s data on the 9 countries where Softys operates: Argentina. Brazil. Chile. Colombia. Ecuador. México. USA. Peru. and Uruguay. (4) IBA. Statistics of the Brazilian Industry. August 2024.. Productor Global de SACOS DE PAPEL US$944 mm (29.2%) EBITDA (margin %) US$3.235mm Sales US$376 mm (11.7%) EBITDA (margin %) Sales US$94 mm (8.6%) EBITDA (margin %) US$1.093 mm Sales Sales US$7.623 mm EBITDA US$1.375 mm EBITDA Margin 18.0%(1) US$3.217 mm 5° MARKET PULP Global Producer (2) CONSUMER TISSUE Producer (3) 1° 2° PERSONAL CARE Producer (3) FOLDING BOXBOARD Latam Exporter (4)1° 5
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COMPETITIVE ADVANTAGES
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Source: Empresas CMPC 1. Financial Statements 2Q25. Forest assets correspond to forest plantations. usufruct. sharecropping. and lease contracts with third parties. 2. Earnings Release 2Q25. 3. Integrated Report 2024. 833,000 FOREST ASSETS (1) Hectares 416,487(2) CONSERVATION AND PROTECTION Hectares 97.06%(3) CERTIFIED BY FSC / PEFC HIGHLY PRODUCTIVE AND SUSTAINABLY MANAGED PLANTATIONS 7
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IMA1 (m3/ha/year) Scandinavia (ConIfer) 7 11 20 EEUU (Pine) +27% +17% SUSTAINED INCREASE IN PRODUCTIVITY EUCALYPTUS 1994-1996 2020 2042 +35.7% +14% RADIATA PINE 1975 2020 2042 AVERAGE GROWTH RATE OF FOREST IMA1 (m3/ha/year) Acacia Mangium 25 40 43 E.Nitens Chile Eucalipto Brazil E. Globulus Iberian 11 BSKPBHKP HIGHLY PRODUCTIVE AND SUSTAINABLY MANAGED PLANTATIONS CHILE (Radiata Pine) Source: CMPC. 1. MAI: Medium Annual Increase. Relates to the annual increase in wood volume per hectare of forest. 8
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S T R A T E G I C A L L Y L O C A T E D Source: Hawkins Wright. The Market Outlook. August 2025 LOW -COST PULP MILLS 0 10.000 30.000 40.000 CASH COST 100 200 300 400 500 600 700 50.00020.000 800 BRASIL CHILE / URUGUAY OTHER WORLD CHINA EAST EUROPE CANADA OTHER ASIA JAPAN IBERIA FINLAND SWEDENUSA BELGIUM/FRANCE 800 0 5.000 10.000 20.000 25.000 30.000 CASH COST 15.000 100 200 300 400 500 600 700 CHILE INDONESIA EAST EUROPE US OTHER EUROPE SWEDEN JAPAN FINLAND INT. WEST CANADA EAST CANADA COASTAL BC OTHER WORLD CHILE EAST EUROPE BHKP CASH COST US$/TON CIF CHINA BSKP CASH COST US$/TON CIF CHINA THOUSAND METRIC TONS THOUSAND METRIC TONS
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REGIONAL LEADERSHIP WITH HIGHLY -RECOGNIZED BRANDS CMPC tissue paper market share CMPC diapers market share Softys. a leading company with high market share in Latin America. Source: NRI & Scantrack Nielsen. CMPC. TISSUE PAPER PERSONAL CARE Mexico 11% 28% 9% Ecuador 8% Perú 33% 42% Chile 69% 25% 42% 29% Argentina Uruguay 77% 65% Brazil 20% 16% Colombia 6%6% 10
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• Food and beverages • Consumer goods • Pharmaceutical • Building materials • Food and agricultural products • Chemicals and minerals • Industrial • Produce • Salmon BIOPACKAGING PACKAGING SOLUTIONS FROM NATURAL FIBERS SACK KRAFT BOXBOARD Biodegradable products to address a wide range of industries BUSINESS LINES CORRUGATED PRODUCTS 11
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PACKAGING SOLUTIONS FROM NATURAL FIBERS CMPC CONTRIBUTES TO CIRCULARITY • Business in charge of gathering and recovering paper and cardboard. • Supplies to Biopackaging and Softys divisions. • Presence in Chile. Argentina and Peru. • Over 90% of fibers utilized within corrugated products comes from recycled fibers. LONG-TERM CUSTOMER RELATIONSHIPS IN 5 REGIONS COMPETITIVENESS FROM VERTICAL INTEGRATION AND FIBER ACCESS 12
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OUR LARGEST CUSTOMER REPRESENTS OF TOTAL SALES OUR LARGEST MARKET REPRESENTS OF TOTAL SALES HIGH DIVERSIfiCATION SUPPORTS A MORE STABLE OPERATING INCOME HIGH LEVEL OF DIVERSIFICATION 53% OF TOTAL SALES COME FROM DOMESTIC MARKETS 47% OF TOTAL SALES COME FROM EXPORT MARKETS 15% <5% Source: CMPC Figures correspond to LTM as of Jun 2025. Figures exclude intercompany sales. 13
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443 610 122 7.622 7.622 D O M E S T I C S A L E S 53% E X P O R T S 47% C H I L E B R A Z I L M E X I C O PER U A R G E N T I N A C O L O M B I A O T H E R S U S A O T H E R S A S I A C H I N A E U R O P E L A T A M O T H E R S P U L P S O F T Y S B I O P A C K A G I N G 44% 42% 14% 3.235 3.216 1.093 1.187 1.040 650 346 577 112 451 526 506 911 654 430 154 15% 14% 8% 5% 8% 1% 6% 7% 7% 12% 9% 5% 2% 212 572 403 135 32 911 563 499 99 40 46 163 91 120 806 300 547 147 112 7 152 83 299 Source: CMPC Figures correspond to LTM US$ million sales as of June 2025. Figures exclude intercompany sales. 14 21 9
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2030 STRATEGY
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SUSTAINABILITY CUSTOMERS TALENT GROWTH & INNOVATION COMPETITIVENESS 16
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All our products will be recyclable. reusable. compostable and/or zero waste products by 2030. SUSTAINABILITY Net zero emissions by 2040 • Reduce scopes 1 & 2 emissions by 50% by 2030. • Reduce scope 3 emissions by 37.5% by 2035. NET ZERO EMISSIONS CONSERVATION AND BIODIVERSITY Reduce industrial water use per produced ton by 25% by 2025. Zero industrial waste to final disposal landfills by 2025. Add 100k hectares for conservation and protection by 2030. by connecting 320k hectares that the company already allocates for these purpose. SERVE AS A GLOBAL STANDARD FOR PRIMARY ENVIRONMENTAL INDICATORS AND A DEVELOPMENT AGENT IN COMMUNITIES WATER WASTECIRCULARITY 17
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SERVE AS A GLOBAL STANDARD FOR PRIMARY ENVIRONMENTAL INDICATORS AND A DEVELOPMENT AGENT IN COMMUNITIES We want to be a driver of the development in the communities where we operate. measuring our impact and prioritizing initiatives that generate change. COMMUNITIES SOCIAL CAPITAL Take on the strategic challenges in terms of the perception of the industry. changes in power and participation structures. and position ourselves geographically. SUSTAINABILITY 18
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CORPORATE GOVERNANCE STRUCTURE GOVERNANCE SHAREHOLDERS COMPOSITION Foreign Shareholders Matte Group Local Pension Funds 56% 9% 21% 14% Local Shareholders Source: CMPC. SUSTAINABILITY 19 Directors 9 members / 1 independent Corporate Legal Department Compliance Innovation Council Risk. Audit and Compliance Committee Directors Committee Internal Audit Sustainability and Regulation committee
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• High corporate governance standards towards a sustainable management. • Strong corporate ethics and compliance culture under strictly following of rules and each local laws on countries where we operate. • Emphasis on anti -fraud and fair competition policies. • Respecting people and the environment rights and their dignity. • Structured committees specialized in strategy issues. • Softys sustainability committee. • Corporate sustainability committee: Manages the economic. social and environmental dimensions of sustainable strategy and supervises the achievement of oriented goals. GOVERNANCE SUSTAINABILITY 20
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WE AIM TO GROW IN THE WOOD BUSINESS. which has a wide market. high potential for growth and room to replace non-renewable materials. WOOD ENERGYFORESTS Acquisition of Powell Valley. a company that is dedicated to the production of moldings and other specialized wood products in the USA. Increase forestry base in Brazil through acquisitions and agreements with third parties. Wind and photovoltaic power projects based in Chile and Brazil being evaluated. GROWTH AND INNOVATION - PULP 21
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US$ 530 milions INVESTMENT 350.000 ANNUAL CAPACITY INCREASE (tons) 1.950.000 100% EXECUTED IN 1Q24 FINAL CAPACITY OF GUAÍBA II LINE (tons) A new recovery boiler Clean energy 60% reduction in GEE BR Environmental Control Center Space for environmental management of the operation Increase in productive capacity Source: CMPC BIOCMPC PROJECT IN BRAZIL MODERNIZATION AND EXPANSION OF THE GUAÍBA MILL GROWTH AND INNOVATION - PULP 22
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Cash-cost savings in Guaíba I & II Pulpwood self-sufficiency Contribution to environmental targets Local employment creation BIOCMPC PROJECT IN BRAZIL Investments in local community Source: CMPC PROJECT OF THE YEAR 2024 ENGINEERING-CONSTRUCTION- INFRASTRUCTURE A NIVEL GLOBAL GROWTH AND INNOVATION - PULP 23
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GUAÍBA NEW PORT TERMINAL NATUREZA NATUREZA PROJECT IN BRAZIL PORTO ALEGRE Integral approach that combines industrialization. road and port infrastructure. sustainable associative forestry. conservation and cultural promotion. UP TO 2.500.000 tons BHKP annual capacity By mid-2026 Empresas CMPC Board approval US$ 4.5 BILLION Investment Source: CMPC GROWTH AND INNOVATION - PULP 2029 Start up 24
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GROWTH AND INNOVATION - SOFTYS Source: CMPC SOFTYS LEADING MARKETS GROWING MARKETS PERSONAL CARE PRODUCTS • Expansion in line with markets organic growth • Investments for a higher efficiency in processes • Analysis of investment alternatives to increase presence in markets • Capture of synergies to maximize investment returns • Increasing presence within Personal Care segment with a strategy focused on profitability Baby Diapers - Brazil 2 new lines of baby regular diapers 1 new line of baby pants PI Mabe in Mexico (2023) • Acquisitionfor MXN$ 5.488 million • 26 linesof baby and adultdiapers. and femininecare products Brazil (2Q22) • R$ 1.138 mim • 100.000 tons tissue paper • Brazil (4Q19) • R$ 1.303 mm • 135.000 tons tissue paper Paper Machine in Mexico • 30.000 tons papeltissue 25 OntexBrasil “Falcon” (2025) • Acquisitionfor R$ 670.9 million •16 linesof baby and adultdiapers.
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Analysis of organic and inorganic growth opportunities globally Iguaçu Celulose. Papel S.A. Acquisition: 2022 Modernization and debottlenecks within production BIOPACKAGING GROWTH AND INNOVATION - BIOPACKAGING 26
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SOCIAL INNOVATION NATURAL & RENEWABLE RAW MATERIALS OPTIMIZATION AND CONTINUOUS IMPROVEMENT BIOECONOMY-BASED PRODUCTS CIRCULARITY-BASED PROCESSES GENERANDO SOLUCIONES INNOVADORAS QUE COMPLEMENTAN NUESTRO PORTAFOLIO DE PRODUCTOS Y SATISFAGAN LAS NECESIDADES ESPECÍFICAS DE NUESTROS CLIENTES GROWTH AND INNOVATION - BIOPACKAGING 27
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FOCUS ON CUSTOMER NEEDS. INNOVATING AND DEVELOPING SOLUTIONS WITH THEM Customer understanding and technical support to optimize their processes Co-development of solutions based on customer needs Logistic excellence to deliver products on time E-commerce (B2B & B2C) Processes optimization CUSTOMERS 28
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Operational excellence leveraged on technology Optimization of procurement and contracts Streamline of back-office processes MAXIMIZE OUR COMPETITIVE ADVANTAGES (BEYOND FIBER) BY BEING 10TH PERCENTILE IN PRODUCTIVITY AND EFfiCIENCY COMPETITIVENESS 29
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PREPARE TALENT FOR GROWTH • 2x pipeline/successors • International governance & structure KEEP PEOPLE AT THE CENTER • Diversidad Mujeres: 25% del total y 30% en posiciones de liderazgo • Top 10 empleador • Una cultura saludable para generar la motivación de ir por más ENABLING TRANSFORMATION • Agility & horizontal organization • International culture WE NEED TO HAVE THE BEST TALENT TO ACHIEVE OUR 2030 STRATEGY TALENT 30
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APPENDIX 01 PRODUCTIVE CAPACITIES 04 SUSTAINABILITY 03 QUARTERLY RESULTS 02 INDUSTRY FUNDAMENTALS
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01. PRODUCTIVE CAPACITY SOFTYSPULP BIOPACKAGING (*) UKP Pulp integrated into the Biopackaging business Sawn Timber Remanufactured Wood Plywood Thousand Tons 4.761 785 194 428 444 Chile 230 Brazil 55 Argentina 2.380 Brazil 1.496 Chile 525 Chile 360 Chile Thousand M3 1.407 Guaíba Mill BHKP Santa Fé Mill BHKP Pacífico Mill BSKP Laja Mill BSKP FORESTRY ASSETS 64% Pine 36% Eucalyptus 97% Eucalyptus 100% Pine SOLID WOOD PRODUCTS PULP Thousand Planted hectares 729 Tons Baby and Adult Diapers Feminine Care 17.300 4.800 TISSUE PAPER PERSONAL CARE 428.000 205.000 138.000 237.000 210.000 40.000 18.000 24.000 Brazil Chile Argentina Peru Mexico Colombia Uruguay Ecuador Million Units PAPER SACKS 65.000 21.000 52.000 47.000 SPECIALTY PAPERS CARDBOARD CORRUGATED BOXES CORRUGATED PAPER SACK KRAFT BOXBOARD Tons Chile500.000 UKP PULP (*) Brazil105.000 Chile Brazil 70.000 50.000 Chile252.000 Chile241.000 21.000 Brazil 32 Tons Tons Tons Tons Tons Tons Tons Tons Brazil Chile Mexico Peru 1.300.000 22.100
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02. INDUSTRY FUNDAMENTALS GLOBAL PAPER DEMAND Source: RISI 2025; World Bank 2025. Figures in million tons. 33 39 37 37 37 39 38 39 38 37 32 32 31 30 28 26 24 23 21 19 17 13 13 12 10 10 9 104 99 102 105 112 113 117 119 116 105 111 110 108 107 105 103 101 100 97 93 79 82 80 73 74 72 96 96 101 105 112 117 123 128 130 128 139 143 146 151 156 161 166 173 176 177 181 192 188 187 194 199 21 22 23 23 24 25 26 27 28 28 29 31 32 33 34 35 37 38 39 41 43 43 45 46 48 4970 69 71 73 76 77 80 83 82 77 85 86 87 89 92 92 95 97 96 95 92 96 99 97 101 105 330 323 334 344 363 370 384 395 393 371 396 401 403 408 414 415 421 429 428 423 409 427 424 413 427 434 0 50 100 150 200 250 300 350 400 450 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025E OTHER PAPER AND BOARD TISSUE PACKAGING PRINTING AND WRITING NEWSPRINT
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Source: Hawkins Wright. August 2025. (*) 2024 numbers. From total fiber consumption. 15 million tons correspond to "Non-wood fibre” and "Chemical Pulp“. WORLD FIBER CONSUMPTION(*) Required to produce 407 million tons of Paper and Board INTEGRATED 106 million tons (60%) MARKET PULP 71 million tons (40%) WASTE PAPER 215 Million tons (53%) VIRGIN PULP 177 Million tons (43%) UKP MECHANICAL BSKP BHKP 3 million tons 3 million tons 24 million tons 39 million tons 02. INDUSTRY FUNDAMENTALS PULP MARKET DYNAMICS 34
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63.4 MM Tons CMPC Traders 38% 23% 29% 7% Specialty P&W 3% Packaging Source: Hawkins Wright. August 2025 INDUSTRY Fluff Tissue 47% 17% 16% 11% Specialty PULP MARKET BY END USE P&W Packaging 9% 02. INDUSTRY FUNDAMENTALS PULP MARKET BY FINAL CLIENT Tissue 4.1 MM Tons 35
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Niches development Climate Change Increasing use of cleaning products Ageing population E-commerce Industrial growth in developing countries Sustainable packaging solutions Digitalization ClimateChange 2025 E (%) 2025 E (Mmton) 2029 E (%) 2029 E (Mmton) TENDENCY Source: Hawkins Wright. August 2025. CMPC TOTAL DEMAND 64.8 PACKAGING SPECIALTY FLUFF & TISSUE PRINTING & WRITING 02. INDUSTRY FUNDAMENTALS PULP DEMAND FORECAST BY END USE 36 16% 56% 17% 36.3 11.0 7.1 10.4 11% 8.4 (+18% +1.3 MMton) 11.2 (+8% +0.8MMton) 41.2 (+14% +5.0 MMton) 9.1 (-18% -1.9 MMton) 12% 16% 59% 13% 69.9 (+8%. +5.1 MMTON)
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Source: RISI – Outlook for World Tissue Business 2021. World Bank. United States Canada Austria Sweden Germany Australia United Kingdom Portugal Japan Chile Uruguay Mexico Argentina Perú ChinaBrazil Colombia Ecuador R² = 0,71 0,0 5,0 10,0 15,0 20,0 25,0 30,0 0 10.000 20.000 30.000 40.000 50.000 60.000 70.000 PER CAPITA CONSUMPTION (KG / HAB / YR) PPP GDP (US$ / HAB / YR) 02. INDUSTRY FUNDAMENTALS TISSUE PAPER DEMAND DYNAMICS 37
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02. INDUSTRY FUNDAMENTALS PULP PRICE US$/CIF TONS Source: CMPC 38 560 546 590 698 882 854 758 809 954 971 916 859 682 646 710 719 801 764 749 770 726 469 454 465 536 697 703 658 672 797 871 865 748 549 518 570 628 730 689 577 557 550 2Q20 3Q20 4Q20 1Q21 2Q21 3Q21 4Q21 1Q22 2Q22 3Q22 4Q22 1Q23 2Q23 3Q23 4Q23 1Q24 2Q24 3Q24 4Q24 1Q25 2Q25 USD/ton CIF BSKP BEKP
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2029 E MMton2025 E MMton2025 E (%) 2029 E (%) 12% 19% 5% 6% 3% 41% 14% TOTAL DEMAND Source: Hawkins Wright August 2025. CMPC. OTHERS CHINA JAPAN LATIN AMERICA EASTERN EUROPE WESTERN EUROPE NORTH AMERICA 11% 18% 5% 6% 3% 42% 15% 02. INDUSTRY FUNDAMENTALS 39 65.9 MMton 9.6 MMton 26.7 MMton 1.9 MMton 4.0 MMton 3.2 MMton 12.8 MMton 7.7 MMton 69.9 MMton 10.1 MMton 29.5 MMton 2.0 MMton 4.3 MMton 3.5 MMton 12.6 MMton 7.9 MMton
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03. 2Q25 QUARTERLY RESULTS US$ 1.907 M 5.2% QoQ | 1% YoY SALES US$332 M (17.4%) 19% QoQ | -12% YoY US$81 M +62% QoQ | -35% YoY EBITDA (mg%) NET INCOME PULP E B I T D A ( m g % ) US$205 M (26.9%) 7% QoQ | -18% YoY BIOPACKAGING E B I T D A ( m g % ) US$18 M (7%) -42% QoQ | -25% YoY SOFTYS E B I T D A ( m g % ) US$82 M (10%) 1% QoQ | -38%YoY SOFTYS S a l e s V o l u m e Personal Care +12% QoQ. +12% YoY 3.335 M units Tissue Paper -0.6% QoQ. +0.2% YoY 204 th. Tons PULP S a l e s V o l u m e -3.7% QoQ | +21% YoY 968 th. Tons
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+4% QoQ | +3%YoY OPERATING COSTS +2% QoQ | +5% YoY OTHER OPERATING EXPENSESSALES +5% QoQ | +1% YoY 750 785 761 878 755 817 259 271 257 1.888 1.813 1.907 2Q24 1Q25 2Q25 Biopackaging Softys Pulp 1,197 1,224 1,251 63% 68% 66% -100,0% -80,0% -60,0% -40,0% -20,0% 0,0% 20,0% 40,0% 60,0% 80,0% 1,000 1,050 1,100 1,150 1,200 1,250 1,300 1,350 1,400 1,450 2Q24 1Q25 2Q25 Operating Costs % of Sales 314 311 324 17% 17% 17% -40% -30% -20% -10% 0% 10% 20% 0 50 100 150 200 250 300 350 400 2Q24 1Q25 2Q25 Other Operating Expenses % of Sales Figures in USD million. Total Sales do not sum business breakdown because of Others income for US$72 millon in 2Q25. US$2 million in 1Q25 and US$1 million in 2Q24. 03. 2Q25 QUARTERLY RESULTS
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03. 2Q25 QUARTERLY RESULTS EBITDA 19% QoQ | -12% YoY NET INCOME +62% QoQ | -35% YoY 6% 10% 6% 32% 27% 27% 62% 63% 67% 377 278 332 0% 20% 40% 60% 80% 100% 120% 2Q24 1Q25 2Q25 Pulp Softys Biopackaging 125 50 81 2Q24 1Q25 2Q25 Figures in USD million and % of contribution of businesses to EBITDA.
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PULP BUSINESS 1 CMPC Average Net Pulp Price Export Price. 801 1.005 968 800 913 891 2Q24 1Q25 2Q25 Market pulp (th. tons) Forest products (th. m3) 198 184 186 825 897 873 1.024 1.081 1.059 -500 0 500 1000 0 200 400 600 800 1000 2Q24 1Q25 2Q25 BEKP BSKP 230 211 223 353 370 385 2Q24 1Q25 2Q25 BEKP BSKP 135 163 158 615 622 603 750 785 761 0 200 400 600 800 1000 2Q24 1Q25 2Q25 Pulp Forestry -3% QoQ | +1% YoY 801 770 726 730 557 550 2Q24 1Q25 2Q25 BSKP BEKP PULP PRODUCTION th. tons THIRD PARTY SALES VOLUMES AVERAGE PULP PRICES1 USD/ton CIF SALES USD million PULP CASH COSTS USD/ton 251 192 205 33.5% 24.5% 26.9% 0,0% 10,0% 20,0% 30,0% 40,0% 0 70 140 210 280 350 2Q24 1Q25 2Q25 +7% QoQ | -18% YoY EBITDA & EBITDA MARGIN USD million
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SOFTYS 132 81 82 15,10% 10,70% 10,00% -20,0%0 40 80 120 160 2Q24 1Q25 2Q25 +8% QoQ | -7% YoY +1% QoQ | -38% YoY 500 429 426 378 326 391 878 755 817 0 100 200 300 400 500 600 700 800 900 1000 2Q24 1Q25 2Q25 Personal Care Tissue Paper SALES USD million EBITDA & EBITDA MARGIN USD million 2,968 2,970 3,335 203 205 204 150 200 250 300 350 400 450 500 1,100 1,600 2,100 2,600 3,100 3,600 2Q24 1Q25 2Q25 Prod. Personal Care (MM units) Tissue Paper (th. tons) SALES VOLUMES
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216 223 201 150 170 190 210 230 250 270 2Q24 1Q25 2Q25 -42% QoQ | -25% YoYPaper & Packaging (th. tons) EBITDA & EBITDA MARGIN USD million 24 31 18 9,3% 11,4% 7,0% -20,0%0 10 20 30 40 50 60 70 80 2Q24 1Q25 2Q25 -5% QoQ | -1% YoY 259 271 257 0 50 100 150 200 250 300 2Q24 1Q25 2Q25 SALES USD million BIOPACKAGING SALES VOLUMES
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03. 2Q25 QUARTERLY RESULTS CASH GENERATION CAPEX FREE CASH FLOW -22 85 -158 2Q24 1Q25 2Q25 3 2 125 51 36 80 93 111 122 147 150 327 2Q24 1Q25 2Q25 Inorganic Growth Maintenance Organic Growth Figures in USD million
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FINANCIAL DEBT & LEVERAGEDEBT MATURITY (US$ MM) Figures in USD million DEBT PROFILE 5,419 5,509 5,7394,761 4,843 5,018 3.75x 3.41x 3.65x -5 -4 -3 -2 -1 0 1 2 3 4 0 1.000 2.000 3.000 4.000 5.000 6.000 7.000 8.000 9.000 2Q24 1Q25 2Q25 666658 721 Total Debt Net Debt Cash Net Debt/ EBITDA 5.19 YEARS Average Term 4.74% Average Rate 285 968 233 17 15 315 15 15 15 8 115 498 338 106 788 494 84 494 493 500 401 968 731 355 122 1,103 509 99 510 501 500 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035/47 Bonds Banks
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RELEVANT EVENTS CMPC hosts Investor Site Visit in Guaíba – On June 26. CMPC held a site visit with investors and financial market analysts at its Guaíba mill in Brazil. Attendees had the opportunity to observe the Pulp production process on-site. from the nursery operations. in Barba Negra to the operational unit in Guaíba. During the visit. CMPC highlighted the competitive advantages of this forest assets in Brazil. the technological advancements applied to production. and the logistical efficiency of the operation. Progress on the 2030 Strategy – As part of its strategic roadmap. CMPC announced a new operational model aimed at enhancing collaboration. accelerating decision-making. and strengthening the focus on the value chain and customer. The new structure includes 10 vice presidencies: Forestry Operations (Fernando Hasenberg). Industrial Operations (Felipe Alcalde). Commercial Pulp and Boxboard (Raimundo Varela). Wood and Packaging (Matías Lagos). Projects and Strategy (Jose Antonio Correa). New Business and Ventures (Jorge Valdivieso). Finance. Administration and Technology (Sebastián Moraga). Corporate Affairs and Sustainability (Guillermo Turner). People and Organization (Constanza Arjona). and Legal and Compliance (Rafael Cox). This organizational redesign reflects a cultural evolution aimed at greater agility. closer connection with business. and cross-functional alignment. linking each role to the company’s strategic pillars.
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60%2 Source: CMPC. Data as of June2025. ENERGY EFFICIENCY SUSTAINABLE MANAGEMENT OF LAND AND NATURAL RESOURCES 6% OTHERS POLLUTION PREVENTION AND CONTROL USE OF PROCEEDS SUSTAINABLE MANAGEMENT OF WATER AND WASTEWATER 1% 32%66 % TOTAL DEBT USD 4.830 EMISSIONS UP TO DATE (MILLIONS) Sustainability Linked Bonds 4 Green Bonds 4 Sustainability Linked Loans 2 Green + Sustainability Linked Bonds USD 2.113 million 94% of Allocated Funds GREEN FINANCING 04. SUSTAINABILITY SUSTAINABLE FINANCING 47 1%
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The prestigious global Dow Jones Sustainability Index (DJSI) this year ranked CMPC #1 as the world's most sustainable company in the Paper & Forest category. in 2024. for the second year in a row. For second consecutive year. CMPC was part of the S&P Sustainability Yearbook 2025. the broadest publication in corporate sustainability. and was included in the Top 1% S&P Global ESG Score. In 2022. CMPC obtained A list regonition in the Forestry and Water categories. and an A- calification in the Climate Change questionnaire. CMPC was included in DigeoEiris Emerging Markets index. composed by the highest performing companies in ESG issues. CMPC is a part of the FTSE4Good since 2015. acknowledging the commitment with Social Corporate Responsibility and sustainable development. 04. SUSTAINABILITY RECOGNITIONS #1 Most Sustainble Company In Paper & Forest 48
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INVESTOR RELATIONS CONTACT Daniela Figueroa daniela.figueroa@cmpc.com Claudia Cavada claudia.cavada@cmpc.com