As of December 31, 2015, Sociedad de Inversiones Pampa Calichera S.A., Inversiones Global Mining (Chile) Ltda., and Potasios de Chile S.A. – collectively, the Pampa Group – controlled 29.97% of the total shares of SQM. As of December 31, 2015, Kowa Company Ltd., Inversiones La Esperanza (Chile) Limitada, Kochi S.A. and La Esperanza Delaware Corporation – collectively, the Kowa Group – owned 2.11% of the total shares of SQM. On December 31, 2006, the Pampa Group and the Kowa Group entered into a Joint Operation Agreement which, together, allows them to control 32% of all shares in SQM. Thereofre, the Pampa Group indirectly controls 32% of all shares in SQM, giving them the status of “controlling group” of the Company.
Potash Corporation of Saskatchewan, Inc. (“PCS”) owns 100% of Inversiones El Boldo Limitada, 100% of Inversiones RAC Chile Limitada, and 100% of Inversiones PCS Chile Limitada, and, accordingly, controlled 32% of the total shares of SQM S.A. as of December 31, 2015.
Additionally, during the year 2015 some of the Company’s main shareholders have decreased or fully disposed of their shareholdings, and others have acquired or increased their shareholdings in SQM S.A.
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