CMPC Pulp

It’s everywhere! In every moment, in every touch, our natural fiber brings comfort and care. Whether it's the softness you feel or the strength behind it. Wherever you go, we’re there – in the details that make life better. Our fiber isn’t just a product; it’s part of the moments that matter most. Every touch tells a story of sustainability, innovation, and dedication to making the world a better place.

At the Fastmarkets Forest Products Latin America Conference 2024 in São Paulo, CMPC Pulp was honored to join over 330 international delegates, representing 120+ companies from 25 countries. This event was a unique opportunity to connect with industry leaders, exchange knowledge, and discuss our region's forest resources' critical role in the global sustainability shift. Together, we're shaping a sustainable future!

Nos dias 13 e 14 de agosto, participei da Forest Products Latin America, conferência realizada pela Fastmarkets em São Paulo. Tive a oportunidade de interagir com diversos líderes e referências do setor de papel e celulose, assim como revisar as tendências deste fantástico mercado.

This week, I had the opportunity to be present with the CMPC LATAM Comercial team Claudia Tapia Richard Lewis Fernando Pintarelli Sérgio Alan Cekaitis de Oliveira José Miguel Rojas Gutiérrez, as well as our General Director for Guaiba Antonio Lacerda and our CEO Francisco Ruiz-Tagle at the Fastmarkets Forest Products Latin America Conference 2024 in the beautiful city of São Paulo, Brazil. The event was a great opportunity to meet our Brazilian and Latina American customers, connect with other industry leaders, exchange insights, and reflect on the challenges that lie ahead. The pulp and paper industry plays an important role in the economy, particularly in Latin America, where our forests and mills are located. This industry not only drives development but does so sustainably. Leaving São Paulo, I’m even more excited about the road ahead and the impact we can make together. CMPC Pulp CMPC Brasil ------------------------------------------- Esta semana tuve la oportunidad de estar presente con el equipo de CMPC LATAM Comercial Claudia Tapia Fernando Pintarelli Sérgio Alan Cekaitis de Oliveira José Miguel Rojas Gutiérrez, así como nuestro Director General de Guaiba Antonio Lacerda y nuestro CEO Francisco Ruiz-Tagle en el Fastmarkets Forest Productos Conferencia Latinoamericana 2024 en la hermosa ciudad de São Paulo, Brasil. El evento fue una gran oportunidad para encuentrar con nuestros clientes brasileños y latinoamericanos, conectarse con otros líderes de la industria, intercambiar ideas y reflexionar sobre los desafíos que tenemos por delante. La industria de la celulosa y el papel desempeña un papel importante en la economía, particularmente en América Latina, donde se encuentran nuestros bosques y fábricas. Esta industria no sólo impulsa el desarrollo sino que lo hace de forma sostenible. Al salir de São Paulo, estoy aún más entusiasmado con el camino que tenemos por delante y el impacto que podemos lograr juntos. ------------------------------------------- Esta semana tive a oportunidade de estar presente com a equipe CMPC Comercial Claudia Tapia Fernando Pintarelli Sérgio Alan Cekaitis de Oliveira José Miguel Rojas Gutiérrez, bem como com nosso Diretor Geral de Guaíba Antonio Lacerda e nosso CEO Francisco Ruiz-Tagle na Fastmarkets Forest Products Latin America Conference 2024 na bela cidade de São Paulo, Brasil. O evento foi uma grande oportunidade para encontrar com nossos clientes brasileiros e latino-americanos, conectar-se com outros líderes do setor, trocar ideias e refletir sobre os desafios que temos pela frente. A indústria de celulose e papel desempenha um papel importante na economia, principalmente na América Latina, onde estão localizadas nossas florestas e fábricas. Esta indústria não só impulsiona o desenvolvimento, mas também o faz de forma sustentável. Saindo de São Paulo, estou ainda mais animado com o caminho que temos pela frente e com o impacto que podemos causar juntos. CMPC Pulp CMPC Brasil

Discover our products! CMPC’s pulp products are globally recognized for their consistent quality and versatility. From printing and writing paper to premium tissue and specialty products, our pulps deliver exceptional formation, smoothness, and bulk. Sourced from our top facilities, they ensure the perfect balance of strength and softness for all your paper needs. Check them out: www.cmpcpulp.com/products

 Our International Logistics Director, Juan Carlos Cruzat Baltra is running for the International International Forest Products Transport Association (IFPTA) board of director member. IFPTA is an association that brings together all logistics players in the forestry business. Juan Carlos strengths stem from his experience across various points of the supply chain in diverse roles, making him a great fit to be an IFPTA Director We wish you the best of luck!

Meet José Tomás Corthorn, Managing Director at our CMPC Pulp Asia office! Five years ago, he moved to China to open our Asia office, bringing us closer to our customers and leading a big team in the area. The dynamic Chinese market drives us to enhance our value proposition. Our office is buzzing with new opportunities, focusing on customer-centricity, competitiveness, and innovation. This is just the beginning. Join us on this exciting journey!

On August 2nd, we released CMPC’s financial results for the 2Q24, here is a summary: •⁠ Our consolidated sales reached USD 1.888 billion •⁠ ⁠EBITDA was USD 377 million, an increase of 31% over last year. The increase was mainly driven by the pulp business with higher prices and lower cash costs. •⁠ ⁠Net Income was USD 125 million, the same as in 2Q23 • Pulp business EBITDA increased by 30% QoQ and 61% YoY reaching USD 251 million. BSKP and BHKP prices increased by 11% and 16% respectively compared to the previous quarter and cash costs decreased by 5% compared to the previous quarter. Pulp production increased by 4% compared to last year, reaching 1,024,000 tons In addition to these figures, I would like to highlight some important news: •⁠ Project “Natureza”: CMPC signed an agreement with the State of Rio Grande do Sul in Brazil to advance the evaluation of a project which will include the construction of a new pulp mill in Barra do Ribeiro. The project proposes not only industrialization but also improvements in road and port infrastructure, sustainable forestation, conservation, and cultural promotion. It aims to produce up to 2.5 million tons annually of bleached hardwood kraft pulp (BHKP). • CMPC published its 2023 Integrated Report, you can read it here: bit.ly/3R7tpsz At CMPC Pulp we continue creating natural fiber for a better future. Our teams across all divisions are working hard to asure more efficient operations that put our customers at the heart of what we do. CMPC Pulp CMPC Brasil

CMPC Pulp: From the nursery to our customers It all starts at Vivero Carlos Douglas, we cultivate pine and eucalyptus trees annually. Nearly 97% of CMPC’s forests assets are FSC-certified, highlighting our dedication to sustainability. Our four mills produce over 4.5 million tons of pulp each year, integrating cutting-edge technology and innovation. From the ports we ship our products to our customers around the world. Our commitment to customer-centricity drives everything we do.

Our Sales Director in Europe, Louise Borgenstierna, participated in the first two modules of the World Business Council for Sustainable Development Leadership Program. At CMPC, we are committed to sustainability and innovation. Participating in the WBCSD conferences reinforces our leadership in the sector. It allows us to implement best practices in our operations, enriching our employees and strengthening our mission to create a more sustainable future.