SQM is committed to continuously improve its corporate governance practices in order
to remain an ethically driven organization, focused on the equal treatment of all
shareholders. SQM is dedicated to act in its shareholders' best interest, maximizing
investment returns and optimizing shareholder value. SQM's Corporate Governance
Framework has four main purposes:
I) To commit the efforts of the Board of Directors and Senior Management to focus
in maximizing the value of the Company for all of its shareholders, as well as for
its customers and employees;
II) To reaffirm the Board of Directors' duty to provide guidelines that will lead
Senior Management to achieve best practices at every level of the organization;
III) To underscore one of the Board of Directors' most important objectives, which
is to provide the Vision of the Company, its Goals and the Strategy to attain such
goals;
IV) To stress the Board of Directors' responsibility to continuously monitor and
evaluate Senior Management's performance in accordance with the Company's Vision
and Strategy;
The efforts are mainly focused in three key areas: Shareholders and Company Relationships,
Board of Directors and Senior Management, and Disclosure Policies. A simple Q&A
format, addressing some of the most important elements in these three key areas,
is hereafter included.