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Investor Presentaiton

MAIN FIGURES Adjusted EBITDA US$ million 2,000 1,800 1,600 26% 25% 22% 1,400 1,200 1,000 31% 1,851 1,290 1,353 1,067 23% 22% 1,147 1,072 35% 29% 30% 25% 20% Net Debt US$ million 3.64x 2.95x 2.72x 1.86x 4.79x 3.91x 2.97x 5,129 15% 4,490 4,760 1,602 3,805 3,889 3,684 3,434 10% 400 0% 200 2015 2016 2017 2018 2019 2020 Jun 2021 LTM CAPEX US$ million Adjusted EBITDA -Adjusted EBITDA Mg 1,740 1,605 1,348 921 665 654 469 2015 2016 2017 2018 2019 2020 Jun 2021 LTM As of June 2021 (*) UF or "Unidad de Fomento" is a Chilean inflation-indexed currency 2015 2016 2017 2018 2019 2020 Jun 2021 LTM Net Debt -Net Debt/ EBITDA Debt Breakdown by Instrument Leasing 3% Banks 17% Bonds UF (*) swapped to US$ 20% 80% by Currency Other Currencies 11% US$ 69% arauco E carbon neutral 22
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