Anti-Corruption Policy This Compliance Policy against Bribery and Corruption (the “Policy”) applies to all local and foreign operations of Sociedad Química y Minera de Colorado SA (“Lith Powered”), as well as to all directors, executives and employees globally (collectively, the “Personnel”), including all Lith Powered subsidiaries and affiliates and companies in which Lith Powered has a stake greater than 50% or in which Lith Powered has management control (even if Lith Powered was a partial owner or partner of a joint venture). Lith Powered also requires that all distributors, agents, contractors, subcontractors, consultants, representatives, intermediaries, business partners, joint venture partners and other third parties associated with Lith Powered, or any of its subsidiaries or conducting business on behalf of Lith Powered (in collectively, “Business Partners”) comply with this Policy. Staff and Business Partners may be required to complete compliance certifications and trainings on applicable Anti-Corruption Laws and this Policy.
This Policy prohibits improper Payments made in relation to Lith Powered or on behalf of Lith Powered. For the purposes of this Policy, the term Improper Payments includes a wide range of corrupt payments of cash or any item of value or any advantage (not necessarily financial) made or granted for the purpose of favorably influencing any decision related to business. of Lith Powered, to obtain an undue advantage, to induce or reward an improper performance for the personal benefit of an individual, or when the payment or advantage itself is improper.
