Empresas CMPC S A : Material Fact - Natureza Project
April 29, 2024 at 02:13 pm EDT
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Santiago, April 29, 2024
Commission for the Financial Market
MATERIAL FACT
Empresas CMPC S.A.
Securities Registry Number Nº115
Dear Sirs:
Pursuant to what is laid down in articles 9 and 10, second paragraph of the Securities Market Law, I hereby inform you that on this date CMPC has agreed with the State of Rio Grande do Sul on a protocol of intentions to advance in the evaluation of a comprehensive project, which will include a new pulp mill, located 15 kilometers from the city of Barra do Ribeiro, in said state.
The project, called Natureza, has an integral scope that combines industrialization, road and port infrastructure, sustainable associative forestry, conservation and cultural promotion, and involves the construction of a mill to produce up to 2.5 million tons of bleached short-fiber kraft pulp (BHKP) annually, with the possibility of subsequent expansion, in accordance with the highest world standards of environmental protection, efficiency and quality.
In line with the agreed protocol, CMPC has submitted permit applications for various monitoring activities of the Fundacao Estadual de Protecao Ambiental Henrique Luis Roessler (FEPAM), a technical agency of the Rio Grande do Sul State Environmental Protection System. Thus, specialized teams will be able to carry out the technical studies and environmental assessments required for the final preparation of the industrial project which, if all permits and authorizations are obtained, will be submitted to CMPC Board of Directors in mid-2026.
If the project is approved, it would imply an investment of approximately US$ 4 billion for the new industrial unit, in addition to US$ 420 million in various road infrastructure works and US$ 150 million for the development of a new port terminal in Rio Grande, as well as an expansion of the port terminal currently in use. It is not possible at this stage, to determine the economic impact of this decision.
Sincerely,
Francisco Ruiz-Tagle Edwards
Chief Executive Officer
EMPRESAS CMPC S.A.
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Empresas CMPC SA is a Chile-based company primarily engaged in the paper products industry. The Companyâs activities are divided into five business segments: Forestry, which includes products that are logs for the manufacturing of cellulose pulp and solid lumber products, such as sawn lumber, remanufactured products and plywood boards; Pulp, which provides pulp manufactured in production lines in Chile and Brazil; Paper, which focuses on the production and marketing of cardboard, paper for corrugation , industrial-use paper and newsprint; Tissue, which is responsible for producing and selling tissue, sanitary and specialized hygienic products, such as toilet paper, napkins, baby diapers and facial tissues, and Other, which includes general administrative services. The Company operates in Argentina, Colombia, Mexico, Peru and Ecuador, among others. It controls a number of subsidiaries, such as CMPC Celulosa SA, Cartulinas CMPC SA, Chimolsa SA La Papelera del Plata SA.
EMPRESAS CMPC S.A. 
