Nitratos de Chile S.A. – Information and Payment Instructions for the Substitutive Tax for Final Taxes (ISFUT)

Dear Participants,

We would like to inform you that Nitratos de Chile S.A. (NITRATOS) will pay an interim dividend on January 19 of this year, for which we have made available, for those shareholders that wish to make use of it, a procedure to pay the Substitutive Tax for Final Taxes (this is, a global, supplementary or additional global tax for the accumulated profits in the Taxable Profits Funds (“ISFUT”) considered in provisional article 25 of Law 21 210 and the instructions provided by the Internal Revenue Service (SII).

PConsidering the above, we wish to inform the following:

1. According to the instructions from SII (IRS), shareholders can choose to pay the ISFUT with a 30% rate on a part of or the entire balance of the accrued taxable income generated until December 31, 2016; that the Corporation keeps at the end of the business year of 2021, with a deduction as credit of the corresponding first category tax.
2. The payment of the ISFUT allows to consider the payment of the supplementary or additional global tax as completed, as appropriate, and may be distributed by the Corporation, giving preference to other revenue and without being subject to the general orders of allocations considered in the Tax Income Law.
3. Considering the above, shareholders may instruct the Corporation to pay the ISFUT for the entire or part of the eventual dividend that corresponds to them, according to the number of shares registered under their name on January 13, 2022.
4. Those shareholders who decide not to instruct the Corporation to pay the ISFUT will receive the interim dividend. These dividends will be subject to the general tax rules applicable to this type of income. The same will apply to those shareholders that have not communicated on time their decision to pay or not to pay the ISFUT to the Corporation.
5. The Shareholders that instruct the Corporation to pay the ISFUT for all or part of the shares under their name by January 13, 2022, will authorize that 23.29% of the amount of the interim dividend that belongs to them in account for those shares is used by the Corporation to pay for the ISFUT. In this way, these shareholders will be in charge of the payment of the corresponding amount of that tax.
6. The shareholders that are entitled to receive the interim dividend and that wish to choose this option must send the “Payment Instructions for the Substitutive For Final Taxes (ISFUT)” form to the Corporation (available at www.dcv.cl) by January 14, 2022, this is, three business days before the payment. After that date, we will assume that the shareholders that have not sent the instructions have chosen to keep their dividends under the general tax regimen applicable to that income.
7. Due to the above, these instructions must be completed according to the attached instructions and sent to the following email address: [email protected] with a copy to [email protected].

Those persons who keep their shares in custody at a brokerage firm (or a custodian bank) must request that they send the ISFUT Payment Instruction Form to the Corporation.