PRESS RELEASE

Minera Escondida and union reach agreement

By
Thursday, August 16, 2018

Press Release by Minera Escondida

After an extensive period of conversations, the Union No. 1 of Workers and Minera Escondida reached an agreement during the mediation process before the Labor Inspectorate.

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This agreement is the fruit of the dialogue developed by both the Union and the company, seeking the benefit for the workers and their families, the company, the region and the country.

The Union will present this agreement to its bases, for which an extension of the mediation was agreed.

Patricio Vilaplana, Vice President of Corporate Affairs of Minera Escondida said that "the company made a huge effort to reach this agreement, we learned from the previous processes, we were flexible and dialoguing, and this agreement is the result of that attitude as well as the willingness of the Syndicate No. 1, we appreciate. "

Vilaplana added that "we know the concern that this process has meant for our workers and their families, for the Antofagasta community and also for the country, which is why we are happy to have taken this step, which allows us to project together the future of Escondida. "

This press release was published in English using an automated translation system