Sociedad Química y Minera de Chile S.A. (SQM) informed that the Company and the National Copper Corporation of Chile (Codelco) agreed to amend the non-binding Memorandum of Understanding (MoU) signed between the Company and Codelco and communicated as an essential fact on December 27, 2023, to reflect the extension of the deadline to agree and sign the definitive partnership documents from March 31, 2024 to May 31, 2024. In the meantime, both the Company and Codelco will continue working to try to reach a full agreement as soon as possible.