Santiago, September 9, 2022
ESSENTIAL FACT
SOCIEDAD DE INVERSIONES PAMPA CALICHERA S.A.
Registration Registry of Securities N* 303
Mrs.
Solange Berstein Jáuregui
Chairman
Financial Market Commission (CMF)
Present
Madam President:
As ordered by the Commission for the Financial Market through
Ordinary Letter N* 69.659 dated September 9 of the current year, and in accordance with the
provided for in Article 9? and second paragraph of article 10? of Market Law No. 18.045
of Securities and in the General Rule N” 30 of the Commission for the Market
Financial, and duly authorized, I inform you of the following, as a complement to the
essential fact of Sociedad de Inversiones Pampa Calichera S.A. (the “Company”), of
Date 8 September:
In relation to the summons to the Extraordinary Shareholders’ Meeting held at the meeting
of the Board of Directors held on September 8, 2022, which agreed to convene and summon
Extraordinary Meeting of Shareholders of the Company, for October 5, 2022, at
10:00 a.m. (the “Meeting”), to be held exclusively remotely, in order to
Deal with the following matters:
1. Approve the granting of security rights to secure obligations of third parties.
2. The adoption of all necessary or desirable agreements for the granting of
the guarantees, if agreed by the Board.
In relation to point 1 above, we specify that the granting of security rights
in favor of third parties to be submitted for approval by the shareholders of the Company, says
relationship with the Derivatives Contract in the Local Market that Company maintains in force
of Inversiones Pampa Calichera S.A. with Euroamérica S.A. (“Euroamérica”) concluded with
date April 19, 2018 and its modifications (“Derivative Agreement”), which grants
coverage, with respect to the bond issued by the Company in Development Units.
The Derivative Contract is guaranteed to date, according to its
terms, with cash (time deposits). As part of a liberation process
of the guarantees delivered in cash, the Company agreed with Euroamérica
make adjustments to the commercial terms of the Derivative Agreement, including delivery
as a pledge of shares of SOM A or B owned by the Company, to guarantee
directly to Euroamerica and possibly to the banks that finance the latter in
such operations.
Taking into consideration that part of the Derivative Contract will be financed by
Euroamérica with Banco Santander, Euroamérica informed the Company that it will make use of the
power to pledge SQM A shares owned by the Company.
Although the underlying transaction corresponds to an obligation of the Company, the
The transaction with Banco Santander corresponds nominally to a direct obligation of
Euroamérica, which would be guaranteed with SOM A shares owned by the Company, by
which requires the authorization of the shareholders’ meeting of the Company in order to
authorise the creation of the security guarantee for the benefit of a third party, without prejudice to
the ultimate purpose of the operation is to guarantee the Company an obligation of its own. In this
sense will be proposed to the shareholders of the Company to guarantee Euroamerica’s obligation
with Banco Santander through the pledge of SQM A shares for up to an amount of
$40,000,000,000 (forty billion pesos). Shareholders will be informed at the Meeting
of the Company of the convenience of the operation and the scope of the same in order to
submit it for approval.
Yours sincerely yours,
Catalina Silva Vial
General Manager
Sociedad de Inversiones Pampa Calichera S.A.
c.c: Santiago Stock Exchange
Electronic Stock Exchange of Chile
Link to file in CMFChile: https://www.cmfchile.cl/sitio/aplic/serdoc/ver_sgd.php?s567=48e5638e745efdac53453292b92f3ceeVFdwQmVVMXFRVFZOUkUweFRYcHJlazlCUFQwPQ==&secuencia=-1&t=1682376108
