PRESS RELEASE

Workers union at Minera Escondida approves deal

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Thursday, August 16, 2018

Press Release by Workers Union at Minera Escondida

August 13, 2018

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Dear partners:

We communicate that the last proposal of the company dated August 13, 2018, has been approved - by secret ballot - by 96.7% of the Members present at extraordinary assemblies held yesterday and today August 15.

This approval, according to the mandate given to us by the assemblies, is subject to the condition that there is agreement in the wording and values ​​of the collective contract and respective annexes which must be signed on Thursday, August 16 at 5:00 p.m. Regional Directorate of metropolitan East work, date and time when mandatory mediation ends.

If there is no agreement in the drafting of the respective documents and values, the strike will be effective on Friday, August 17, for the shift that began work at 8:00 am.

Consequently, on Thursday at 5:00 pm, we will officially inform if the collective bargaining process has ended or the stoppage is activated as of Friday, August 17.

We appreciate the overwhelming support that we have received so far. A fraternal greeting

Directive

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