Santiago, August 9, 2024.-

Pampa Camarones SpA informs that on August 6, 2024, it received a non-binding purchase offer for its Ciclón-Exploradora project from an institutional investor not related to Pampa Camarones (the “Interested Party”), specialized in mining, for an amount of US$50 million.

The non-binding purchase offer is subject, among other conditions, to the completion of technical, environmental, financial-legal, and tax due diligence to the satisfaction of the Interested Party.

In the Offer, the Interested Party requests an exclusivity period to conduct the analysis of the mentioned asset.

The Interested Party is an international investor, a leader in the field of mining investment.

The Board of Directors of Pampa Camarones accepted the offer under the proposed terms.

The management of Pampa Camarones will keep the market informed regarding the progress of the purchase offer.