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SQM Solutions for human progress For Immediate Release SQM REPORTS EARNINGS FOR THE SIX MONTHS ENDED JUNE 30 , 2026 Highlights • SQM reported total revenues for the six months ended June 30 , 2026 of US $ 4,228.5 million compared to total revenues of US $ 2,079.3 million for the same period last year . Net income for the six months ended June 30 , 2026 of US $ 1,024.7 million or US $ 3.59 per share , compared to US $ 225.9 million or US $ 0.79 per share for the same period last year . In lithium : record - high quarterly sales volumes surpassing 84 thousand metric tons of Lithium Carbonate Equivalent ( LCE ) . • In Iodine : record - high sales price and record quarterly revenue . • In Specialty Plant Nutrition : strong sales volumes and solid sales price . • During the first half of 2026 , SQM and its subsidiaries accrued over US $ 1.6 billion in payments to the Chilean State.i SQM will hold a conference call to discuss these results on Wednesday , August 19 , 2026 at 12:00 pm EDT ( 12:00 pm Chile time ) . Participant Call link : https://register-conf.media-server.com/register/BI3e9715a0ab7b4208a6ae898954f0797b Webcast : https://edge.media-server.com/mmc/p/s7toz78m Santiago , Chile - August 18 , 2026 - Sociedad Química y Minera de Chile S.A. ( SQM ) ( NYSE : SQM ; Santiago Stock Exchange : SQM - B , SQM - A ) reported today net income for the six months ended June 30 , 2026 , of US $ 1,024.7 million or US $ 3.59 per share , an increase of 353.5 % compared to US $ 225.9 million or US $ 0.79 per share reported for the same period last year . Gross profit ( 1 ) reached US $ 2,038.6 million ( 48.2 % of revenues ) for the six months ended June 30 , 2026 , 267.2 % higher than US $ 555.2 million ( 26.7 % of revenues ) recorded for the six months ended June 30 , 2025. Revenues totaled US $ 4,228.5 million for the six months ended June 30 , 2026 , representing an increase of 103.4 % compared to US $ 2,079.3 million reported for the six months ended June 30 , 2025 . The Company also announced net income for the second quarter of 2026 of US $ 660.0 million or US $ 2.31 per share , an increase of 646.4 % compared to US $ 88.4 million or US $ 0.31 per share for the second quarter of 2025. Gross profit for the second quarter of 2026 reached US $ 1,260.0 million , 398.1 % higher than the US $ 253.0 million reported for the second quarter of 2025. Revenues totaled US $ 2,468.4 million for the second quarter of 2025 , an increase of 136.7 % compared to US $ 1,042.7 million for the second quarter of 2025 . SQM's Chief Executive Officer , Ricardo Ramos , stated , “ I am pleased to announce SQM's second - quarter results . As we close the first half of the year and look ahead to the remainder of 2026 , I am encouraged by the solid performance we have delivered across our main business lines . " He added , " In lithium , we achieved record quarterly sales volumes of over 84 thousand metric tons of Lithium Carbonate Equivalent ( LCE ) from our lithium operations in Chile through Nova Andino Litio " and in Australia through Covalent Lithium . As anticipated in our previous earnings report , prices increased during the second quarter , supported by stronger- than - expected market demand . We now expect global lithium demand to be over 2.1 million metric tons in 2026 , further strengthening our confidence in the long - term fundamentals of the market . ' Includes accrued corporate income taxes and mining taxes ( part of which has already been paid ) , and payments related to the Corfo contracts such as the lease payment ( paid quarterly ) , and other accrued payments to local governments ( paid annually ) in connection with said contracts . This amount also includes the dividend accrued to be paid to Codelco . ii Nova Andino Litio ( or Novandino ) is the joint company between SQM and Codelco . iii Covalent Lithium is a joint venture between SQM and Wesfarmers Limited . SQM S.A. 2Q2026 Earnings release 1