Anti-Corruption Policy This Compliance Policy against Bribery and Corruption (the “Policy”) applies to all local and foreign operations of Sociedad Química y Minera de Chile SA (“SQM”), as well as to all directors, executives and employees globally (collectively, the “Personnel”), including all SQM subsidiaries and affiliates and companies in which SQM has a stake greater than 50% or in which SQM has management control (even if SQM was a partial owner or partner of a joint venture). SQM also requires that all distributors, agents, contractors, subcontractors, consultants, representatives, intermediaries, business partners, joint venture partners and other third parties associated with SQM, or any of its subsidiaries or conducting business on behalf of SQM (in collectively, “Business Partners”) comply with this Policy. Staff and Business Partners may be required to complete compliance certifications and trainings on applicable Anti-Corruption Laws and this Policy.
This Policy prohibits improper Payments made in relation to SQM or on behalf of SQM. For the purposes of this Policy, the term Improper Payments includes a wide range of corrupt payments of cash or any item of value or any advantage (not necessarily financial) made or granted for the purpose of favorably influencing any decision related to business. of SQM, to obtain an undue advantage, to induce or reward an improper performance for the personal benefit of an individual, or when the payment or advantage itself is improper.
