Corporate Presentation 2020 - sigdokoppers.cl€¦ · ‣ Presence in Chile, Perú, Colombia and Brasil ‣ Services provided • Construction & Erection • EPC projects • Transportation

[ Corporate Presentation 2020 ]

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[ ]2[ ]

[ At a Glance ]01

[ ]

At a Glance

[ Company Overview ]Ingeniería y

Construcción

Puerto

Ventanas

Enaex

Magotteaux

SK Comercial

SKBergé

SK Godelius

50,01%

60,72%

98,07%

62,35% 75,24%87,48%

40,00%

We are a 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 worldwide

comprehensive supplier of products and services

for the mining and industrial operations.

✓ Total sales US$ 3.671 million (include SKBergé)

✓ Consolidated Sales US$ 2.279 millon

✓ EBITDA US$ 330 million

✓ Net Profit US$ 89 million

▪ +20.000 employees (average)

▪ 29 specialized production units in 15 countries

▪ Commercial operation in more than 30 countries

At a glance (L12M as of Mar-20)

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[ ]

Controlling Group

73,51%

Others

26,49%

[ Corporate Governance ]

1. Juan Eduardo Errázuriz Ossa

Chairman

2. Naoshi Matsumoto Takahashi

Vice president

3. Silvio Rostagno Hayes

Independent Director

4. Norman Hansen Fernandez

Director

5. Jaime Vargas Serrano

Director

6. Horacio Pávez Aro

Director

7. Luis Felipe Cerón Cerón

Director

Boards of Directors

Ownership Structure

US$929millionsMarket Cap

(Mar 31, 2020)

At a Glance

Others

4,03%

Pension funds

& Insurance

companies

10,56%

Stock Brokers

6,95%

Mutual funds

and other

institutional

investors

4,95%Others

26,49%

4

[ ]Divestment

[ Successful Industrial History ]‣ Our solid 50+ years of track record have demonstrated our ability to managed and developed successful industrial greenfield investments.

‣ We have a long term investment industrial approach, managing and optimizing our companies operations.

ENAEX

Plant

expansion

Panna 4

was founded

Foundation

of SKC

Acquisition

of

FRIMETAL

and ENAEX

Joint Venture with

BERGÉ GROUP

in the automotive

commercialization

business

Acquisition of

CTI

SOMELA

Plastic films

production initiated

through SIGDOPACK

Foundation of

our Rental

business

SK RENTAL

Acquisition

Of PUERTO

VENTANAS

Acquisition

of FEPASA

Starts CHBB

operations

Foundation

of SKSI

Divestment of

CTI, SOMELA

and FRIMETAL

Acquisition of

MAGOTTEAUX

PROACER

ENAEX

Plant Expansion

Panna 3

Acquisition of

controlling stake at

SK GODELIUS

Acquisition of

SABO CHILE

ENAEX Acquired

33.3% of

BRITANITE

Divestment of

SIGDOPACK

ENAEX Acquired

100% of DAVEY

BICKFORD and

66.7% of BRITANITE

1960

1975

1987

1997

2006

2005

2015

2013

2012

2011

2011

1998

1997

2003

2010

2001

20011990

5Greenfield

Acquisition

At a Glance

ENAEX Acquired

70% of

CACHIMAYO

2018

2018

MAGOTTEAUX

Acquired control

and commercial

operation of

GRINDING MEDIA

SOUTH AFRICA

(Scaw Metals)

[ ]

Sigdo Koppers is part of DJSI Chile index and the UN Global

Compact, under which it commits to respect principles of

responsible behavior, in order to achieve the objectives of

building a sustainable and inclusive global economy

SK corporate governance seeks sustainable

development, with a business vision that

favors respect for safety, ethics, people,

communities and environment.

Sustainable

development

ENVIROMENTAL

SOCIAL ECONOMIC

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[ Sustainability]

Investment Approach

02

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[Investment Approach ]

[ ]8

STRATEGIC

PARTNER OF

CLIENTS IN

MINING AND

INDUSTRY

LEADERSHIP

AND

INNOVATION

GLOBAL

REACH

STRONG

FINANCIAL

PROFILE

[ ]

[ Strategy ]

Investment Approach

[ ]

[ Supplier of products and services for the mining ]

‣ Strategic Focus: Provide products and services for mining and industry

‣ Involved in the main stages of the mining value chain

‣ 75% of the SK’s Consolidated EBITDA comes from the exposure to the mining activities

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Investment Approach

DEVELOPMENT OPERATIONORE

PROCESSING LOGISTICS

[ ]

[ Sigdo Koppers Business Areas ]03

10[ ]

[ ]

Sigdo Koppers Business Areas

[ ICSK ] Industrial Construction Services

INDUSTRIAL SERVICES INDUSTRIAL COMMERCIAL & AUTOMOTIVE

Ingeniería y Construcción Sigdo Koppers (ICSK)

‣ Leading company in the execution of engineering,

construction and industrial erection projects with a solid

reputation both in Chile and abroad

o +60 years of experience in construction and

industrial erection

o 33% Market share of large scale projects in Chile

‣ Presence in Chile, Perú, Colombia and Brasil

‣ Services provided

• Construction & Erection

• EPC projects

• Transportation & Logistics

• Cranes Services Center

• Maintenance & Brownfields

• Maritime & Port Facilities Works

HV Transmission Lines & Substations

Power Generation

+6,000 kilometers of transmission lines built

in the region.

+10,000 MW of installed power built in Chile

Present in mining projects that represent 83%

of the chilean copper production

Mining Operation

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Pulp & Paper and Industrial Projects

CONSORCIUM

Presence in 100% of the pulp mill cellulose

projects in Chile & developed over 200 major

industrial projects

[ ]

[ Puerto Ventanas ] Logistic and Transport

‣ Leading private port in the central region of Chile, it has

ample stockpiling yards and modern facilities that offer

significant comparative advantages

‣ Puerto Ventanas owns 51,82% of Ferrocaril del Pacífico S.A.

(Fepasa), leading multimodal freight transport solutions

‣ Puerto Ventanas engages in three lines of business:

o Loading and unloading solid and liquid bulk

o Cargo Storage

o Train cargo transport solutions for large mining, forestry,

agricultural and industrial companies

‣ Main cargo associated to mining and energy clients: mineral

concentrates, coal, fuel

‣ First Green Port of South America - Ecoports Certification


The port has four docking sites available to receive

ships of up to 70,000 tons and 14.3 meters draft

Cargo transfer

Two bulk cargo warehouse to receive up to 90,000

tons and has +170 hectares of land surface available

Cargo warehouse

Fepasa has 73 locomotives and over 1,900 wagons,

mobilizing more than 7 million tons per year

Cargo transport

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[ ]

IT in process solution[ SK Godelius ]

‣ SK Godelius is an engineering company that conceives,

develops, installs and operates solutions that enable the

teleoperation of large machinery, robots, vehicles and

processes. in the mining and the natural resources industries.

‣ Sigdo Koppers S.A. owns 100% of the shares in SK

Inversiones Tecnológicas (SKIT), which holds 75% of the

shares in SK Godelius.

Business Areas

‣ Godelius Interaction System (SIG)

‣ Robotics

‣ Automation

‣ Networks and Telecommunications

‣ Digital Transformation

‣ Turnkey teleoperation projects and services

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Sigdo Koppers Business AreasINDUSTRIAL SERVICES INDUSTRIAL COMMERCIAL & AUTOMOTIVE

[ ]

[ Enaex ] Rock Fragmentation Services

‣ Founded in 1920, Enaex is the most important producer of

ammonium nitrate and mining explosives, and provides

comprehensive rock fragmentation services in Chile and Latin

America

‣ The company is vertically integrated in its most important raw

materials and virtually conducts all activities in the value chain of

rock-blasting

‣ Enaex Britanite (Brazil): Leader in Brazil with +40% market

share in explosives manufacturing and rock blasting services

‣ Enaex Davey Bickford (France): +20 years of experience as

manufacturer and distributor of electronic initiation systems for

the explosives industry


Business Units

AMONIUM NITRATE ProductionPrillex® is the world largest LDAN complex (+800ktons/year)

Logistic hub for +40 countries and production

EXPLOSIVES ProductionMain production plants in France, Brazil and Chile

High explosive production (Dynamites, Boosters,

Catridge emulsions, non-electric detonators

EIS ProductionElectronic Initiation Systems (EIS) Production:

Daveytronics® +5 million units/year

BLASTING ServicesOperations in 8 countries, wide range of products

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[ ]

Brazil

ArgentinaAustralia

Chile

France

Peru

Colombia

Mexico

USA

15[ ]


EIS Production

AN Production

High Explosives Production

Bulk Emulsion

Blasting Services

[ ]

[ Magotteaux ]

‣ Magotteaux, based in Belgium, is the world-leading

supplier of process optimization products &

services for high-abrasion extracting industries

‣ Magotteaux combines expert advice, services,

products and equipment to help customers optimize

their operations at the best total cost of ownership

High performance wear resistant consumables


Business Units: over 700,000 tons of market footprint

GRINDING MEDIA Production

High-chromium, low chromium and forged grinding media

through own production units and 3 ventures:

o Grinding Media South Africa in RSA for high chromium

and forged balls

o Jiangyin Xingcheng Magotteaux Steel Balls in China for

steel forged balls

o Grintec Magotteaux Ceramic Technology in China for

ceramic beads and balls

CASTING ProductionHigh quality castings for mining, cement, aggregates,

power stations, dredging and other industrial

applications.

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Worldwide High-chromium grinding media producer

Market share in High-chromium grinding media balls for the cement

industry

Worldwide grinding media producer

Market share in High-chromium balls for the mining industry 13%

21%

2nd

1st

[ ](1) GM: Grinding Media

Castings

High chromium GM (1)

Low chromium GM

Forged steel GM

Productive Plant

17[ ]


Brazil

Chile

France

Mexico

USA

Canada

Spain

Belgium

South

Africa

IndiaThailand

China

Ceramic beads

R&D Center

Australia

[ ]

[ SK Comercial ]Sale, Rental and Service of Machinery

‣ Founded in 1975, SK Comercial S.A. (SKC), through its

Business Areas, conducts the business of the sale, rental of

machinery, distribution of inputs and technical services

‣ SKC and SK Rental carry out their commercial activities in

sectors such as mining, construction, agriculture, forestry and

land transportation

‣ SK Rental is leader in machinery rental, with presence in

Chile, Peru, Colombia and Brazil


SK Rental is the leading company in the Rental industry in Chile. It has a machinery fleet of US$140 millions

SK Rental

Workshop and Spare Parts

SKC has highly trained technicians and the latest technology in tools and instruments to perform accurate assessments and diagnoses

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SKC Machinery Sales

SKC is Leader in distribution of industrial machinery and equipment in Chile, representing over 18 brands in machinery rental in Chile (20% Msh)1st

in South America3rd

market share in Peru (#5)9%

https://www.google.com/url?sa=i&source=images&cd=&ved=2ahUKEwiGiY2u1P7aAhVIgJAKHeG5ATIQjRx6BAgBEAU&url=https://thenounproject.com/term/backhoe/6907/&psig=AOvVaw3c3C_mQakY8bUlroazIahl&ust=1526162457823930

[ ]

Services and Parts Machinery RentalMachinery Distribution


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[ ]

[ SKBergé ]Automotive Sale

‣ SKBergé S.A. was formed by SK and the Bergé Group (Spain)

to develop the business of the representation, sale and

distribution of light vehicles in Chile, Peru, Colombia and

Argentina.

‣ SKBergé has the representation of 19 brands

‣ SKBergé is a leading automotive retail group in Chile and Peru


Dealership network

Large stock of original spare parts and

accessories

SKBergé has a dealership network comprised of 106

dealers, 227 points of sale and 218 service branches

SKBergé provide comprehensive solutions regarding the supply and transfer of a wide range of spare parts and consumables of the represented brands

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Msh of all new cars sold in Perú (units) 17%

Msh of all new cars sold in Chile (units) 13%

https://www.google.com/url?sa=i&source=images&cd=&ved=2ahUKEwiPv8bm2P7aAhWGh5AKHY7rDuYQjRx6BAgBEAU&url=http://chittagongit.com/icon/jeep-icon-22.html&psig=AOvVaw0Ny6ZOsYbgVa8ayoh4ouBR&ust=1526162546206872

[ ]

[ SKBergé – Represented Brand]

Chile

Perú

Argentina

Colombia

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[ ]

[ Investment Attractiveness ]04

22[ ]

[ ]

Investment Attractiveness

‣ Since 2011, SK became a company with Global Exposure

‣ As of today, 44% of SK’s sales are outside Chile (56%)

[ Active International Presence ]

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‣ Specialized service and production units in 16 countries

‣ Sales office and commercial operation in over 30 countries

[ ]

‣ Special focus on Robotics & Teleoperation

‣ + 85 people dedicated to innovation programs

‣ + US$ 120 million in sale of new products during 2019

‣ Improvement and modernization of processes and production plants

‣ Over 50 patents worldwide

Mine iTruck

Teleoperated driving

Teleoperated

manufacturing

Teleoperated

operation

Laser mapping

survey

Evaluation of air

quality

Mobile mixing unit

Largest Heavy

ANFO truck

+ productivity and

efficiency

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[ Innovation ]


Metal/ceramic

composite material

in the nature of an

alloy intended for

the manufacture of

reinforced foundry

parts

Mobile devices for

continuous

measurement and

monitoring of the

pulp chemistry in a

mineral plant

Use to design

control strategies

for improving the

plant performance

It consists of fusing

different expertise:

pulp & surface

chemistry +

grinding efficiency

+ wear

mechanisms.

Robominer Milodon Truck

[ ]


[ Our clients – Mining and Industrial Blue Chip companies ]

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[ ]

SK growth is accompanied by a conservative

approach and a consistent dividend policy,

which is focused on return over investments,

with an special focus on the innovation and

search of new opportunities

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[ Conservative financial profile ]

Credit Rating 2019:

Net Leverage*(Net Liabilities / Equity)

(*) Covenant: 1,2X✓ Consolidated Leverage 1,25x

✓ Financial Net Leverage* 0,53x

✓ Net Financial Debt/EBITDA 2,71x

✓ Financial Debt/EBITDA 3,68x

✓Coverage Financial Expenses 4,72x

Financial Ratios(Consolidated)

[ ]

ConservativeFinancial position

SuccessfulIndustrial History

Consistent

ProfitabilityLeadershipin all business

areas

Strategic FocusOn the mining and industry

GlobalNetwork


27[ ]

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Corporate Presentation 2020 - sigdokoppers.cl€¦ · ‣ Presence in Chile, Perú, Colombia and Brasil ‣ Services provided • Construction & Erection • EPC projects • Transportation

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