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CORPORATE PRESENTATION 2025 - 19th Andean Conference Larrain Vial
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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.cl Claudia Cavada claudia.cavada@cmpc.cl
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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
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PULP SOFTYS BIOPACKAGING PULP RELEVANT POSITION IN ALL BUSINESS AREAS SOFTYS BIOPACKAGING Sources: (1) CMPC Financial Statements, December 2024. Adjustments end eliminations amounted US$94 mm at EBITDA level. (2) Hawkins Wright, The Market Outlook, August 2024. (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, Brazilian Tree Industry Statistics, August 2024. Productor Global de SACOS DE PAPEL US$990 mm (30.7%) EBITDA (margin %) US$3,218mm Sales US$510 mm (15,0%) EBITDA (margin %) Sales US$134 mm (12,0%) EBITDA (margin %) US$1,119 mm Sales Sales US$7,743 mm EBITDA US$1,542 mm EBITDA Margin 19.9%(1) US$3,400 mm 5° MARKET PULP Global Producer (2) CONSUMER TISSUE Producer (3) 1° 2° PERSONAL CARE Producer (3) FOLDING BOXBOARD Latam Exporter (4)1°
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COMPETITIVE ADVANTAGES
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Source: Empresas CMPC 1. Financial Statements 4Q24. Forest assets correspond to forest plantations, usufruct, sharecropping, and lease contracts with third parties. 2. Earnings Release 4Q24. 3. Integrated Report 2023. 845,000 FOREST ASSETS (1) Hectares 414,038(2) CONSERVATION AND PROTECTION Hectares 100%(3) CERTIFIED BY FSC / PEFC HIGHLY PRODUCTIVE AND SUSTAINABLY MANAGED PLANTATIONS
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IMA1 (m3/ha/year) Scandinavia (ConIfer) 7 11 20 EEUU (Pine) +27% +17% SUSTAINED INCREASE IN PRODUCTIVITY EUCALYPTUS 1994-1996 2020 2042 +35,7% +14% RADIATA PINE 1975 2020 2042 AVERAGE GROWTH RATE OF FOREST IMA1 (m3/ha/year) Acacia Mangium 25 40 43 E.Nitens Chile Eucalipto Brazil E. Globulus Iberian 11 BSKP BHKP HIGHLY PRODUCTIVE AND SUSTAINABLY MANAGED PLANTATIONS CHILE (Radiata Pine) Source: CMPC. 1. MAI: Medium Annual Increase. Relates to the annual increase in wood volume per hectare of forest.
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S T R A T E G I C A L L Y L O C A T E D Source: Hawkins Wright, The Market Outlook. December 2024 LOW -COST PULP MILLS BSKP CASH COST US$/TON CIF CHINA THOUSAND METRIC TONS BHKP CASH COST US$/TON CIF CHINA THOUSAND METRIC TONS 0 5,000 10,000 20,000 25,000 30,000 CASH COST 15,000 100 200 300 400 500 600 700 JAPAN EAST EUROPE OTHER WORLD CHILE OTHER EUROPE EAST CANADA UNITED STATES SWEDEN FINLAND INT. WEST CANADA COASTAL BC 0 5,000 10,000 25,000 30,000 40,000 CASH COST 15,000 100 200 300 400 500 600 700 35,00020,000 INDONESIA BRASIL CHILE/URUGUAY CHINA EAST EUROPE OTHER ASIA/AFRICA SWEDEN IBERIA BELGIUM/FRANCE JAPAN USA CANADA FINLAND
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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% 34% 11% Ecuador 8% Perú 51% 45% Chile 67% 31% 45% 28% Argentina Uruguay 79% 61% Brazil 21% 20% Colombia 4%7%
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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
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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
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HIGH DIVERSIfiCATION SUPPORTS A MORE STABLE OPERATING INCOME HIGH LEVEL OF DIVERSIFICATION 54% OF TOTAL SALES COME FROM DOMESTIC MARKETS 46% OF TOTAL SALES COME FROM EXPORT MARKETS <20% OUR LARGEST MARKET REPRESENTS OF TOTAL SALES <15% OUR LARGEST CUSTOMER REPRESENTS OF TOTAL SALES Source: CMPC Figures correspond to LTM as of December 2024. Figures exclude intercompany sales.
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443 692 124 7,743 7,743 D O M E S T I C S A L E S 54% E X P O R T S 46% 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 42% 44% 14% 3,218 3,400 1,119 1,185 1,044 737 350 633 109 453 537 518 851 680 486 154 15% 13% 10% 5% 8% 1% 6% 7% 7% 11% 9% 6% 2% 232 569 384 149 30 14 851 594 505 81 45 49 11 190 85 131 814 301 608 165 109 13 166 94 269 18 Source: CMPC Figures correspond to LTM US$ million sales as of December 2024. Figures exclude intercompany sales.
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2030 STRATEGY
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SUSTAINABILITY CUSTOMERS TALENT GROWTH & INNOVATION COMPETITIVENESS
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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 389k owned and 850k third-party hectares. SERVE AS A GLOBAL STANDARD FOR PRIMARY ENVIRONMENTAL INDICATORS AND A DEVELOPMENT AGENT IN COMMUNITIES WATER WASTECIRCULARITY
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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
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CORPORATE GOVERNANCE STRUCTURE Directors 9 members / 2 independent Corporate Legal Department Compliance Executive Coordination Committee International Committee Strategic Risk Committee Directors Committee IT Committee Sustainability Committee Audit , Ethics and Compliance Committee Internal Audit GOVERNANCE SHAREHOLDERS COMPOSITION Foreign Shareholders Matte Group Local Pension Funds 56% 9% 21% 14% Finance Committee Local Shareholders Source: CMPC. SUSTAINABILITY
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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APPENDIX 01 PRODUCTIVE CAPACITIES 04 SUSTAINABILITY 03 3Q24 CONSOLIDATED RESULTS 02 INDUSTRY FUNDAMENTALS
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01. PRODUCTIVE CAPACITY SOFTYSPULP BIOPACKAGING (*) Celulosa ocupada de manera integrada al negocio de Biopackaging. Sawn Timber Remanufactured Wood Plywood Thousand Tons 785 194 428 444 Chile 230 Brazil 55 Argentina 2.380 Brazil 1.496 Chile 525 Chile 360 Chile Thousand M3 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 Tons Baby and Adult Diapers Feminine Care 11,800 4,100 TISSUE PAPER PERSONAL CARE 426,000 245,000 134,000 136,000 171,000 44,000 25,000 19,000 Brazil Chile Argentina Peru Mexico Colombia Uruguay Ecuador Million Units PAPER SACKS Tons Argentina Brazil Chile México Perú 7,000 65,000 21,000 52,000 47,000 SPECIALTY PAPERS CARDBOARD CORRUGATED BOXES CORRUGATED PAPER SACK KRAFT BOXBOARD Tons Chile500,000 UKP PULP (*) Tons Brazil105,000 Tons Chile Brazil 70,000 50,000 Tons Chile252,000 Tons Chile241,000 Tons21,000 Brazil
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330 323 334 344 363 370 384 395 393 371 396 401 403 408 414 415 421 429 428 423 409 427 426 430 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023E OTHER PAPER AND BOARD 0 150 200 250 300 400 450 02. INDUSTRY FUNDAMENTALS GLOBAL PAPER DEMAND 350 100 50 Source: RISI 2023. Figures in million tons. 39 37 37 37 39 38 39 38 37 32 32 31 30 28 26 24 23 21 19 17 13 13 12 11 96 96 101 105 112 117 123 128 130 128 139 143 146 151 156 161 166 173 176 177 181 192 190 194 21 22 23 23 24 25 26 27 28 28 29 31 32 33 34 35 37 38 39 41 43 43 45 4770 69 71 73 76 77 80 83 82 77 85 86 87 89 92 92 95 97 96 95 92 96 99 101 104 99 102 105 112 113 117 119 116 105 111 110 108 107 105 103 100 97 93101 82 80 77 79 TISSUE PACKAGING PRINTING AND WRITING NEWSPRINT
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Source: Hawkins Wright, August, 2024.. (*) 2023 numbers. From total fiber consumption, 14 million tons correspond to "Non-wood fibre” and "Chemical Pulp“. WORLD FIBER CONSUMPTION(*) Required to produce 393 million tons of Paper and Board INTEGRATED 104 million tons (63%) MARKET PULP 69 million tons (37%) WASTE PAPER 206 Million tons (54%) VIRGIN PULP 173 Million tons (46%) UKP MECHANICAL BSKP BHKP 3 million tons 3 million tons 24 million tons 39 million tons 02. INDUSTRY FUNDAMENTALS PULP MARKET DYNAMICS
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63,4 MM Tons CMPC Traders 39% 19% 29% 9% Specialty P&W 4%Packaging Source: Hawkins Wright, August2024 INDUSTRY Fluff Tissue 45% 19% 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
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16% 54% 19% 34.6 12.2 Niches development Climate Change Increasing use of cleaning products Ageing population E-commerce Industrial growth in developing countries Sustainable packaging solutions Digitalization ClimateChange 2024 E (%) 2024 E (Mmton) 2028 E (%) 2028 E (Mmton) TENDENCY 7.1 10.3 7.9 (+11% +0.8 MMton) 10.6 (+5% +0.3MMton) 37.7 (+8% +3.1 MMton) 9.9 (-23% -2.3 MMton) Source: Hawkins Wright, August 2024, CMPC TOTAL DEMAND 64.1 66.1 (+3% +2.0 MMTON) PACKAGING SPECIALTY FLUFF & TISSUE PRINTING & WRITING 11% 12% 16% 57% 15% 02. INDUSTRY FUNDAMENTALS PULP DEMAND FORECAST BY END USE
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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
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02. INDUSTRY FUNDAMENTALS PULP PRICE US$/CIF TONS Source: CMPC 542 557 560 546 590 698 882 854 758 809 954 971 916 859 682 646 710 719 801 764 749 474 464 469 454 465 536 697 703 658 672 797 871 865 748 549 518 570 628 730 689 577 400 500 600 700 800 900 1000 USD/ton CIF BSKP BEKP
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2028 E MMton2024 E MMton2024 E (%) 2028 E (%) 12% 21% 5% 6% 3% 39% 13% TOTAL DEMAND Source: Hawkins Wright August 2024, CMPC. OTHERS CHINA JAPAN LATIN AMERICA EASTERN EUROPE WESTERN EUROPE NORTH AMERICA 64.1 MMton 9.1 MMton 26.5 MMton 1.9 MMton 4.1 MMton 2.9 MMton 12.1 MMton 7.5 MMton 68.9 MMton 9.7 MMton 29.1 MMton 2.0 MMton 4.5 MMton 3.2 MMton 12.2 MMton 7.8MMton11% 18% 5% 7% 4% 43% 14% 02. INDUSTRY FUNDAMENTALS
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35 147 10 4Q24 3Q24 4Q24 SALES BY SEGMENT EBITDA BY SEGMENT NET INCOME 686 857 833 995 849 796 277 277 288 1,959 1,984 1,919 4Q23 3Q24 4Q24 Biopackaging Softys Pulp 73 317 230 153 109 104 19 26 19 229 433 332 4Q23 3Q24 4Q24 Biopackaging Softys Pulp 03. 4Q24 CONSOLIDATED RESULTS Source: CMPC. Figures in US$ million. Differences in Total EBITDA and the parts arise from adjustments and eliminations.
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220 194 261 4Q23 3Q24 4Q24 309 INVESTMENTS FREE CASH FLOW -144 21 -109 4Q23 3Q24 4Q24 4,628 4,752 4,857 4Q23 3Q24 4Q24 NET DEBT 03. 4Q24 CONSOLIDATED RESULTS Source: CMPC. Figures in US$ million.
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73 317 230 4Q23 3Q24 4Q24 VOLUME SALES Market Pulp (thousand tons) Forest Products (thousand m3) 813 959 1,058 903 917 861 4Q23 3Q24 4Q24 EBITDA PULP 686 857 833 4Q23 3Q24 4Q24 Source: CMPC. Figures in US$ million.
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309 VOLUME SALES EBITDA Tissue Paper (Th. tons) Personal Care (MM unid.) 153 109 104 4Q23 3Q24 4Q24 995 848 797 0 200 400 600 800 1000 1200 4Q23 3Q24 4Q24 SOFTYS Source: CMPC. Figures in US$ million. 2,926 2,878 2,940 216 208 207 150 200 250 300 350 400 0 500 1.000 1.500 2.000 2.500 3.000 3.500 4.000 4Q23 3Q24 4Q24
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19 26 19 4Q23 3Q24 4Q24 277 277 288 0 50 100 150 200 250 300 350 4Q23 3Q24 4Q24 BIOPACKAGING VOLUME SALES Paper & packaging (thousand tons) 227 225 235 4Q23 3Q24 4Q24 EBITDA Source: CMPC. Figures in US$ million.
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FINANCIAL DEBTDEBT MATURITY PROFILE (US$ MM) US$ 5,554 mm Gross Debt US$ 697 mm Cash US$ 4,857 mm Net Debt Source: CMPC. 5.66 YEARS Average Term 4.79 % Average Rate 03. 4Q24 CONSOLIDATED RESULTS B B F R F R USD O 0 1 1 1 1 1 1 1 1 0 10 1 0 0 0 0 0 0 0 0 1 0 0 0 0 B B
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03. 4Q24 CONSOLIDATED RESULTS Source: CMPC, as of December 2024. 1 Net Debt / EBITDA: (Gross Debt – Cash & cash equivalents- Investment instruments maturing within 365 days) / EBITDA. 2 Net Debt to Equity: Equity = Equity Attributable to Controlling Owners + Non-Controlling Interests. 3 Liquidity = (Cash + Undisbursed committed lines) / Amortization 18m and Net Financial Expenses 12m NET DEBT/EBITDA 1 LIQUIDITY 3NET DEBT / EQUITY 2
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60%2 Source: CMPC. Data as of September 2024. ENERGY EFFICIENCY SUSTAINABLE MANAGEMENT OF LAND AND NATURAL RESOURCES 4% OTHERS POLLUTION PREVENTION AND CONTROL USE OF PROCEEDS SUSTAINABLE MANAGEMENT OF WATER AND WASTEWATER 4% 1% 31%68 % TOTAL DEBT USD 4,6924 EMISSIONS UP TO DATE (MILLIONS) Sustainability Linked Bonds 4 Green Bonds 5 Sustainability Linked Loans 2 Green + Sustainability Linked Bonds USD 2,045 million 76% of Allocated Funds GREEN FINANCING 04. SUSTAINABILITY SUSTAINABLE FINANCING
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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. CMPC was part of the S&P Sustainability Yearbook 2024, the broadest publication in corporate sustainability, and was included in the Top 1% S&P Global ESG Score 2023. 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
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INVESTOR RELATIONS CONTACT Daniela Figueroa daniela.figueroa@cmpc.cl Claudia Cavada claudia.cavada@cmpc.cl