The “Board” of Sociedad Química y Minera de Chile S.A. (the “Company” or “SQM”) must exercise its best judgment in order to act in line with what it reasonably believes to be in the interests of the Company and its shareholders. In order to fulfill this obligation, the Company’s directors (the “Directors”) are authorized to rely on the honesty and integrity of the Company’s senior executives, advisors and independent auditors. The Directors may also request that the Company contract civil liability insurance under reasonable market conditions in the name of its Directors and executives to cover the cost of compensation claims to the greatest extent possible. The following corporate governance guidelines (the “Guidelines”) are designed to guide the Board in exercising its duties with the Company and its shareholders. These Guidelines are intended to serve as a flexible framework that the Board can use to manage its doings rather than a set of legal obligations. They can be modified at the Board’s discretion when it deems appropriate or when necessary in light of laws and regulations. For a complete view of the content, click on the links below.