Investor Presentaiton

PULP BUSINESS - FORESTRY OPERATIONS Bioforest research and development Bioforest was formed in 1990 by Arauco and one of the achievements has been the increase in the plantation yields by 40% 48 Highly trained researchers work in order to develop and apply the best technologies, maximizing the forestry and industrial resources. Bioforest has a wide participation in local and international organizations that are leaders in the forestry-industrial scientific knowledge • In addition, Bioforest aims to fulfill the environmental objectives for the protection and conservation of biodiversity present in our native forests arauco carbon neutral 11

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