Slides
Page 1
EARNINGS PRESENTATION 3Q25
Page 2
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
Page 3
HIGHLIGHTS 3Q25 US$ 1,865 M -2% QoQ | -6% YoY SALES US$260 M (13.9%) -22% QoQ | -40% YoY US$34 M -58% QoQ | -77% YoY EBITDA (mg%) NET INCOME PULP E B I T D A ( m g % ) US$162 M (22.5%) -21% QoQ | -49% YoY BIOPACKAGING E B I T D A ( m g % ) US$18 M (6.8%) 0% QoQ | -31% YoY SOFTYS E B I T D A ( m g % ) US$95 M (10.9%) +16% QoQ | -13%YoY SOFTYS S a l e s V o l u m e Personal Care +6% QoQ, +23% YoY 3,543 M units Tissue Paper +6,8% QoQ, +4,7% YoY 217 th. Tons PULP S a l e s V o l u m e +2% QoQ | +3% YoY 989 th. Tons
Page 4
3Q25 RESULTS +3% QoQ | +5%YoY OPERATING COSTS +1% QoQ | +3% YoY OTHER OPERATING EXPENSESSALES -2% QoQ | -6% YoY 857 761 721 849 817 873 277 257 266 1,984 1,907 1,865 3Q24 2Q25 3Q25 Biopackaging Softys Pulp 1,231 1,251 1,269 62% 66% 68% -100,00% -80,00% -60,00% -40,00% -20,00% 0,00% 20,00% 40,00% 60,00% 80,00% 1,000 1,050 1,100 1,150 1,200 1,250 1,300 1,350 1,400 1,450 3Q24 2Q25 3Q25 Operating Costs % of Sales 320 324 335 16% 17% 18% -40,0% -30,0% -20,0% -10,0% 0,0% 10,0% 20,0% 0 50 100 150 200 250 300 350 400 3Q24 2Q25 3Q25 Other Operating Expenses % of Sales Figures in USD million. Total Sales do not sum business breakdown because of Others income for US$5 millon in 3Q25, US$72 million in 2Q25 and US$1 million in 3Q24.
Page 5
EBITDA -22% QoQ | -40% YoY NET INCOME -58% QoQ | -77% YoY 6% 6% 7% 25% 27% 34% 69% 67% 59% 433 332 260 0% 20% 40% 60% 80% 100% 120% 3Q24 2Q25 3Q25 Pulp Softys Biopackaging 147 81 34 3Q24 2Q25 3Q25 Figures in USD million and % of contribution of businesses to EBITDA. 3Q25 RESULTS 34 12567 80 74 92 122 103 194 327 176 3Q24 2Q25 3Q25 Inorganic Growth Maintenance Organic Growth CAPEX -46% QoQ | -9% YoY
Page 6
PULP BUSINESS 1 CMPC Average Net Pulp Price Export Price. 959 968 989 917 891 997 3Q24 2Q25 3Q25 Market pulp (th. tons) Forest products (th. m3) 211 186 210 839 873 883 1,050 1,059 1,093 -500 0 500 1000 0 200 400 600 800 1000 3Q24 2Q25 3Q25 BEKP BSKP 242 223 219 356 385 381 3Q24 2Q25 2Q25 BEKP BSKP 166 158 160 691 603 561 857 761 721 0 200 400 600 800 1000 3Q24 2Q25 3Q25 Pulp Forestry -5% QoQ | -16% YoY 764 726 689 689 550 507 3Q24 2Q25 3Q25 BSKP BEKP PULP PRODUCTION th. tons THIRD PARTY SALES VOLUMES AVERAGE PULP PRICES1 USD/ton CIF SALES USD million PULP CASH COSTS USD/ton 317 205 162 37.0% 26.9% 22.5% 0,0% 10,0% 20,0% 30,0% 40,0% 0 70 140 210 280 350 3Q24 2Q25 3Q25 -21% QoQ | -49% YoY EBITDA & EBITDA MARGIN USD million
Page 7
SOFTYS 109 82 95 12.8% 10.0% 10.9% -20,0%0 40 80 120 160 3Q24 2Q25 3Q25 +7% QoQ | +3% YoY +16% QoQ | -13% YoY 480 426 456 369 391 418 849 817 874 0 100 200 300 400 500 600 700 800 900 1000 3Q24 2Q25 3Q25 Personal Care Tissue Paper SALES USD million EBITDA & EBITDA MARGIN USD million 2,878 3,335 3,543 208 204 217 150 200 250 300 350 400 450 500 1,100 1,600 2,100 2,600 3,100 3,600 3Q24 2Q25 3Q25 Prod. Personal Care (MM units) Tissue Paper (th. tons) SALES VOLUMES
Page 8
225 201 215 150 170 190 210 230 250 270 3Q24 2Q25 3Q25 0% QoQ | -31% YoYPaper & Packaging (th. tons) EBITDA & EBITDA MARGIN USD million 26 18 18 9.4% 7.0% 6.8% -20,0%0 10 20 30 40 50 60 70 80 3Q24 2Q25 3Q25 +4% QoQ | -4% YoY 277 257 266 0 50 100 150 200 250 300 3Q24 2Q25 3Q25 SALES USD million BIOPACKAGING SALES VOLUMES
Page 9
FINANCIAL DEBT & LEVERAGEDEBT MATURITY (US$ MM) Figures in USD million DEBT PROFILE 5,528 5,739 5,9704,752 5,018 5,056 3.30x 3.65x 3.79x -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 3Q24 2Q25 3Q25 721776 914 Total Debt Net Debt Cash Net Debt/ EBITDA 7.05 YEARS Average Term 5.14% Average Rate 40 476 270 15 15 313 15 15 15 8 37 499 337 104 781 494 86 494 493 1,487 78 485 769 352 119 1,094 510 101 510 501 1,487 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035/57 Bonds Banks
Page 10
RELEVANT EVENTS Hybrid Bond Issuances in Chile and the US– On August 29, 2025, CMPC issuedChile’s first Sustainable Hybrid Corporate Bond (Green and Social), for UF 10 million (US$405 million), maturing in 2057 with an effective placement rate of 4.19%. The issuance was nearly twice oversubscribed, reflecting strong investor demand. Then, on September 4, CMPC issued a US$600 million Sustainable Hybrid Bond in the United States, with a 32.25-year maturity and an effective rate of 6.704%, representing a 283.4 basis point spread over the U.S. Treasury rate. Both instruments include the typical features of hybrid bonds — subordination to senior debt, discretionary interest deferral, and no redemption before year seven— leading rating agencies to consider 50% of their notional value as equity until the first call date. Proceeds of approximately US$1 billion will be used to refinance debt, fund investments, and support other corporate purposes under CMPC’s Sustainable Finance Framework.
Page 11
INVESTOR RELATIONS CONTACT Daniela Figueroa daniela.figueroa@cmpc.cl Claudia Cavada claudia.cavada@cmpc.cl