Asesores Financieros

Corporate Presentation| March 2016

Virginia Tech EMBA

1Entrepreneurial

History

3

The Company – Origins…

Corporate Presentation |Sigdo Koppers

Ingeniería y Construcción Sigdo Koppers S.A.

started after the companies Ingenieros Asociados

Sigma Donoso S.A. y Koppers Internacional

joined.

Between 1960 and 1974, the company developed

exclusively as a construction and engineering

company in Chile.

The process of diversifying into other ventures

started in 1975 with the start up of SK Comercial.

Successfu

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Company Overview

Source: Company

Note: The percents correspond to the ownership of Sigdo Koppers over its subsidiaries, as of December 2015,

(1) Net Profit of 2011 have an extraordinary effect of US$157 millions mainly due to the sale of CTI

(2) Net Profit of 2013 have an extraordinary loss of US$29.2 millions mainly due to the sale of Sigdopack

Corporate Presentation |Sigdo Koppers .

Sales(US$ millions)

Consolidated EBITDA(US$ millions)

Net Profit (US$ millions)

Sigdo Koppers, Chilean conglomerate founded in

1960. One of the most dynamic and important

industrial groups in Chile. Our commitment is a

long term investment industrial approach, aiming to

be a comprehensive supplier of products and

services for the mining and industrial operations

worldwide.

286(1)

Su

ccessfu

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121(2)

SK ComercialIngeniería y

ConstrucciónEnaex Magotteaux

60,43% 60,72% 97,75% 85,77%

Enaex Magotteaux SK Comercial

SKBergéPuerto

VentanasCHBBSK Godelius

50,01% 58,19% 74,59% 40,00%

1

5

Enlargement

plant

was founded

1960

Foundation of Acquisition of

Joint Venture with Bergé

Group in the automotive

commercialization

business

1975 1987 1990 1997 1998 2001 2003 2005 2006 2009

Acquisition ofPlastic films

production initiated

through

Foundation of our

Rental business

Acquisition of

Acquisition of

Starts its

operations

Foundation of

2010 2011

Divestment of

Acquisition of

Enlargement

plant

Presentacion Corporativa |

Our Industrial development history

Source: Company

Consideraciones de Inversión .Corporate Presentation

Sigdo Koppers .

1

and

and

2012

Acquired

33.3% of

1999 2013

Divestment of

2015

Acquired

66.7% of

Acquired

91,8% of

Su

ccessfu

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Sigdo Koppers has been very active developing its Entrepreneurial History

Green and Brown Field Project, Acquisitions and Divestment .

SK has demonstrated in over 50+ years the ability to successfully managing and developing both organic and

inorganic projects.

SK has a long term investment industrial approach, managing and optimizing our companies operations in order

to strength their growth potential.

6

Corporate PresentationSigdo Koppers .

Su

ccessfu

l E

ntr

epre

neuri

al H

isto

ryCorporate Governance

Ownership StructureBoard of Directors

Source: Santiago Stock Exchange. (1) Last 12 month

The Corporate Governance of SK has defined clear strategic statements on responsible behavior, and also best ethic and business practices.

Market Cap: US$1.2 billions (As of Feb 29th 2016)

1. Juan Eduardo

Errázuriz Ossa

Chairman

2. Naoshi Matsumoto

Takahashi

Vicepresident

3. Juan Andrés Fontaine

Talavera

Director

4. Horacio Pavez García

Director

5. Norman Hansen Rosés

Director

6. Canio Corbo Lioi

Independent Director

7. Jaime Vargas Serrano

Director

5,41% Stock Brokers

6,26% Mutual Funds and

other institutional

investors

9,33% Pension Funds

and Insurance companies

2,58% Others

Ownership structure as of Dec-15

1

Corporate Strategy2

8

ORE

PROCESSING

Supplier of products and services for the mining

Strategic Focus: Provide products and

services for the mining and industry

Involved in the main stages of the mining

value chain

aprox. 75% of the SK’s Consolidated EBITDA

comes from the exposure to the mining activities

Corporate Presentation |Corporate Strategy

Corp

ora

te S

trate

gy

Anglo American - Minera Los Bronces:

…

MINING OPERATION SALES & LOGISTICSMINING

DEVELPOMENT

2

1 3 42

1 2 3 4+ + +

BHP Billiton - Minera Escondida:

1 2 3 4+ + +Codelco – Andina:

1 2 3+ +

9

Leadership of our subsidiaries

Market Share Leadership by area

Biggest producer of Amonia Nitrate

and explosives for the mining in Latin

America

Regional leader in rock blasting

services

#1 worldwide provider of high-crome

grinding media balls

One of the main players in the

cement industry

Leader in the production of high

value-added wear resistant

consumable for the cement, mining,

fluid, dredging and utilities industries

Leader in the execution of

engineering, construction and

industrial erection in Chile

High prestige and long term

partnership with Bechtel

Main Ammonium

Nitrate producer in the

region

#1Worldwide High-crome

grinding media balls

producer

44%Market share in high-

crome grinding media balls

for the cement industry

33%Market share in construction

and industrial erection of large

scale projects

Rock blasting services - Chile

Source: ENAEX, Magotteaux, ICSK.

Corporate Presentation |Investment approach .

#3Worldwide grinding

media balls producer

14%market share in high-

crome balls for the mining

industry

Corp

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trate

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2

Others5%

Orica30%

65%

10

Leadership of our subsidiaries

Market Share Leadership by area

Puerto Ventanas leads the load and

unload of commodities in the central

region of Chile, specially copper and

coal

Fepasa is the main railroad freight

company in the central zone of Chile

SKC Rental

# 1 in Chile

# 2 in Perú (15% Msh)

# 3 in South America

Leader in distribution of industrial

machinery and equipment in Chile

SKBergé is the biggest distributor of

automobiles in terms of revenues

Important player in the Peruvian and

Colombian market

61%of the total load

transferred through the

Chilean central zone

(excl. containers)

13%Of all the new cars

sold in Chile – units (3)

(As of Dec 2015)

Solid commodities loaded by port

Chilean central zone (1) (As of Dec 2015)

Source: (1) Puerto Ventanas (2) SKC internal research (3) Based on units sold published by ANAC Chile;

19%Of all new cars sold

in Perú – units

(As of Dec 2015)

Corporate Presentation |Investment apporach

Fork Lift 17%

Telescopic handler 49%

Articulated Trucks 82%

Motor Graders 28%

20% Machinery Rental in Chile

(Dec 2015)

Corp

ora

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2

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Corporate Presentation |

Since 2011, SK became a company with Global Exposure

As of today, 43% of SK’s sales are outside Chile (57%)

Corp

ora

te S

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2Investment approach

Internalization – A world of oportunities…

12

Corporate Presentation |Investment approach .

Our Clients - Mining and Industrial Multinational CompaniesC

orp

ora

te S

trate

gy

2

13

Investment approach

ICSK

Reinforcement of the Peruvian operations (SSK)

Entered the transmission lines construction business in

Brazil in alliance with Alumini

Enaex

Acquisition of Britanite in Brazil

Acquisition of Davey Bickford in France

Magotteaux

M&A opportunities: Bradken in Australia

New Grinding Media Plant in Tailand

SK Comercial

SK Rental started operations in Bolivia

SKBergé

SKBergé started operations with Peugeot in Colombia

Recent Internationalization Progress C

orp

ora

te S

trate

gy

2

14

Corporate Presentation

Corporate Social Responsibility (CSR)

Key Success Factors

SK embraces Sustainable Development, with a business vision that encourages respect and ethical behavior, and it

puts as a first priority our people, our communities and our environment.

Sigdo Koppers is part of the Global Compact of

United Nations. SK commits to aligning its

operations and strategies with ten universally

accepted principles in the areas of human

rights, labour, environment and anti-corruption

Environmental:

Carbon Reduction Project

(Enaex)

ISO 14001certification

Comunity:

CFT Talcahuano.

Community enhancement

(Plazas SKBergé,

Programa “Un contrato, un

árbol” SKC)

Programas de diálogo

(PVSA)

Labour:

Priority in Labor Helth and

Safety prevention

Training and Labor

Certification (ICSK)

Integración laboral de

personas con discapacidad

(SKBergé)

Corporate Governance:

Ethic Code

Investor Relations

Clients & Suppliers:

ISO 9001

Survey

SK measure and manage the develpmente of its

CSR through the metodology of ISO 26.000

Key S

uccess F

acto

rs2

Ethic &

Corporate

Governance

Labor Practices and Human Rights

Environment

Suppliers

Clients

Community

15

Corporate Presentation |

Track record

Consistent and steady growth

Consolidated Sales Sigdo Koppers S.A.(1)

(US$ millions)

Investment approach

Consolidated EBITDA Sigdo Koppers S.A(1).(US$ millions)

Net Profit Sigdo Koppers S.A.(1)

(US$ millions)

Ste

ady G

row

th &

Consis

tent

Pro

fita

bili

ty2 Source: Company

(1) Figures of 2011 considers 4Q of Magotteaux and CTI accumulated until August

CAGR: Compound annual growth rate.

• Sigdo Koppers has maintained a consistent

growth in all the businesses it manages, with an

special focus on the innovation and search of

new opportunities

• Our growth is accompanied by a consistent

investment policy, which is focused on return

over our investments

16

2011 2012 2013 2014 2015

Current Assets 1.042 1.262 1.251 1.162 1.132

Non-current Assets 2.058 2.388 2.348 2.238 2.343

Total Assets 3.100 3.650 3.599 3.401 3.475

Current Liabilities 972 1.103 845 734 252

Non-current Liabilites 832 964 1149 1064 869

Equity (Atributable to the controler) 963 1.176 1.190 1.199 1.189

Equity (Non attributable to the controler) 332 407 415 404 385

Total Equity 1.295 1.583 1.605 1.602 1.574

Total Equity and Liabilities 3.100 3.650 3.599 3.401 3.475

2,31x

Corporate Presentation |

Consolidated Balance Sheet(US$ millions)

Net Financial Leverage (Bonds Covenants)(Times)

Net Financial Debt / EBITDA(Times)

Credit rating - Local

Institution Rating Date

A+(1) July 2015

A+(2) July 2015

Source: Company. (1) Stable Outlook (2) Outlook Stable

Investment approach

Conservative Financial position

Covenant: 0,5X

Covenant: 1,2X

Con

serv

ative

Fin

ancia

lpositio

n2

Asesores Financieros

Corporate Presentation