FOSSAL S.A.A

FOSSAL S.A.A. is a public company, which is listed on the Lima Stock Exchange (BVL) dedicated to investments. Its main investment is in Fosfatos del Pacífico S.A., which currently has a project for the exploitation of phosphate rock.

FOSSAL has been constituted to be the investment vehicle, as a result of a spin-off, through which it assumes ownership of 70% of the ownership held by Cementos Pacasmayo S.A.A. in Fosfatos del Pacífico S.A.

This new structure creates greater flexibility and independence for shareholders and greater clarity in the operations of each division in the long term.

Corporate Structure

FOSSAL is created with the separation of the phosphate assets of Cementos Pacasmayo S.A.A. to create independence in each line of business (cement / fertilizer)

This separation will allow shareholders to participate individually in each business

Location

Phosphoric Rock Project in the nortwest of Perú

Diatomite concession in the Bayovar 9 area, located in the North coast of Peru, with significant deposits of phosphate rock. Phosphate mine will be developed as a multi-layer, open pit mine, using continuous and conventional mining methods
Expected production of 2.5 mm concentrate MT/year of phosphate rock at 30.4% P2O5

Project Timeline

Complete engineering studies and feasibility studies

Major Contractors Involved in the Basic Engineering
of the Fosfatos del Pacifico Project

Studies executed with state-of-the-art technology:

Fosfatos del pacífico contrated worleyparsons as “PROJECT MANAGEMENT CONSULTANT” to supervise and integrate the development of basic engineering packages

Studies executed with state-of-the-art technology:

Fosfatos del pacífico contrated worleyparsons as “PROJECT MANAGEMENT CONSULTANT” to supervise and integrate the development of basic engineering packages

General Project Design:

The access to the bayovar mine 9 form Piura is through the panamerican highway by aprox. 110km and the 30km west on a paved road that connects the panamerican highway with Bayovar

DIRECTORS

Humberto Reynaldo Nadal Del Carpio - Chairman of the board of directors

Mr. Nadal joined the Company as Corporate Development Manager in June 2007, and has been a director since March 2008 and Chief Executive Officer since April 2011. He holds a bachleor’s degree in economics from Universidad del Pacífico and has an MBA from Georgetown University. He is also CEO and Board Member of ASPI, Fosfatos del Pacífico and Fossal S.A.A. Additionally, he is Deputy Chairman of the Board at Ferreycorp and has been Chairman of the Board of Trustees of the Universidad del Pacifico, and Chairman of the Board of Directors of Fondo Mi Vivienda. In April 2006, he joined Compañía Minera Ares S.A.C. (subsidiary of Hochschild Mining plc) as Corporate Development Manager. Mr. Nadal was also Business, Administration and Finance Manager of Instituto Libertad y Democracia and CEO of Socosani S.A. He has been distinguished among the top three CEOs in the construction industry in Latin America by Institutional Investor magazine every year from 2014 to 2022.

Manuel Ferreyros Peña - Vice president of the board

Mr. Ferreyros has been Chief Financial Officer since January 2008. He is a member of the Board of Directors of Fosfatos del Pacífico S.A. and Fossal S.A.A. Mr. Ferreyros has a bachelor’s degree in business administration from the Universidad de Lima, a multinational MBA from the Adolfo Ibáñez School of Management, Miami and an MBA from the New York College of Insurance. Mr. Ferreyros has participated in the Senior Management Program of the Central American Institute of Business Administration (INCAE) and in the CEO’s Management Program at the Kellogg School of Management, among others. Before joining the Company, Mr. Ferreyros was CEO at La Positiva Seguros y Reaseguros. Distinguished among the three best CFOs in the construction industry in Latin America by Institutional Investor magazine between 2014 and 2021.

Javier Durand Planas - Director

Mr. Durand joined the Hochschild Group in 1994 and has been the General Counsel and Legal Vice President of the Company since 2008. Previously, he was Legal Vice President of Hochschild Mining plc. He is a lawyer graduated from the Universidad de Lima (Peru) and a Master of Business Administration from the Universidad del Pacífico (Peru). Among other studies, he participated in the Management Program for Lawyers and in the Corporate Governance and Performance Program of the Yale School of Management (United States), in the Strategic Negotiations Program of Harvard Business School (United States) and in the Prince of Wales,Business & Sustainability Program of the University of Cambridge Institute for Sustainability Leadership (United Kingdom). Currently, Mr. Durand is a member of the Board of Directors of Inversiones ASPI S.A. and is a member of the Board of Directors of Fosfatos del Pacifico S.A, Fossal S.A.A., UTEC and Tecsup.

CONTACT

The English Translation for the Relevant Information Communications reported to SMV can be found link

The list of shareholders that to date have not claimed their shares representing is detailed link

For any complaint you can use the ethical line located in the following here

General Shareholders’ Meeting link

ARCO Rights Procedure link

ARCO Rights Form link

Fossal Statute link