STRATEGY  CONSULTING  &  ADVISORY  SERVICES

August, 2016

CORPORATE  PRESENTATION

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ORESTRATEGY  PROVIDES  AN  INTEGRATED  MANAGEMENT  CONSULTING  OFFERING,  100%  FOCUSED  IN  THE  MINING  INDUSTRY…

ExecutiveAdvisory

CEO strategy & leadership team

effectiveness

Corporate Strategy

Organization architecture & portfolio mgmt

MiningOperations

Mining Projects

Sustaina-bility

Strategic design & value

reengineering

Transformation & value-unlocking

Operations & organizationalignment

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...BUILT  ON  A  BREADTH  OF  NATIONAL  AND  INTERNATIONAL  EXPERIENCE…

Education i MBA Kellogg School of Management,Northwestern University

Areas of Expertise

i Corporate strategy and mining business modelsi Organization & talent mgmti Sustainability strategyi Operations optimizationi Cost reduction

Roberto SchapiroDirector Ejecutivo

Experiencia Profesional

i 15 years in mgmt consulting, in Chile, Latin America and USA

i Executive Director OreStrategy

i Projects Director at MatrixConsulting Mining Practice

i Commercial strategy consultant to Microsoft Corp HQ

i Management Consultant at Booz & Co

i Gerhard Von Borries, Codelco Business Development VP

i Jorge Gomez, Collahuasi CEO, Christian Thiele, Gerente General Minera Los Bronces

i Juan Carlos Román, Gerente General AngloAmerican Sur

i Jorge Gomez, Gerente General Minera Collahuasi

i Hennie Faul, CEO AngloAmerican Copper

i Nelson Pizarro, Executive President Codelco

SelectedClient References

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…AND  A  SOLID  TRACK-­‐RECORD  HELPING CORPORATIONS UNLOCK THEVALUE  OF  THEIR OPERATIONS AND  PROJECTS (1/2)

0

5

10

15

20

25

30

Cummulative Client CAPEX

Mining projectsadvisory(US$b)

0

250

500

750

1,000

1,250

1,500

1,750

2,000

2,250

2,500

2,750

Total Clients

Production

Cumulative client Cu production(Cu KT/yr.)

Selected Client List

RADOMIO  TOMIC

DIVISIÓN  MINISTRO  HALES

DIVISION  ANDINA

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i Development of an integrated management system to support Los Bronces business improvement roadmap- High-impact levers mapping / improvement initiatives roadmap

- KPIs monitoring system and management dashboards

- 1st and 2nd line mgmt customized performance contracts; design aligned with high-impact opportunity levers & roadmap

- Exec. team coordination & communication system

Los Bronces (450KtCu) Mine Integrated Management System

i Identification of key challenges & gaps to prepare 250Ktpy Cu operation / 20BT district for quantum expansion:- High-impact operational drivers benchmarking; performance gaps

assessment, risks analysis & valuation (US$2b NPV opportunity)

- Management & organization capabilities / sustainability gap analysis

- Strategic guidelines to close gaps and prepare operation for expansion

Operational Gaps & EBITDA Improve-ment Opportunity Assessment

…AND  A  SOLID  TRACK-­‐RECORD  HELPING CORPORATIONS UNLOCK THEVALUE  OF  THEIR OPERATIONS AND  PROJECTS (2/2)…

CASES

i 30-yr. masterplan for Los Bronces, world’s Top-3 largest copper district (up to US$12b CAPEX/45 business-cases)- Financial, technical, sustainability, timeline & strategic analysis

- Multiple deposits, capacities, mining method & plan alternatives; expansion vs. ore replacement; tailings/waste-dumps/water supply/access options analyses & sequencing

- Options-based investment plan development

Los Bronces District Development Strategy & 30-yr. Masterplan

i Management model and organizational design for multiple US$3b+ mining projects (Esperanza, Caserones, M.Hales, Radomiro Tomic Expansion):- Organizational architecture design / Governance

- Performance management & incentives systems

- HR processes development / Talent management

- Stakeholders management strategy

New-Mine Business Models: Design through Implementation

i Operations portfolio management & optimization framework for a US$12b mining conglomerate, - Defining site-specific strategies based on each asset’s potential,

context and competitive position

- Corporate initiatives definition to support development of each asset’s full-potential

Operations Portfolio Management Framework for Mining Conglomerate

i Defining a business model to maximize the economic & strategic value of the port to project owner- Ownership/Financing/Capital structure strategy: Project CAPEX vs. Port

operator vs. Institutional investor/asset leaseback

- Core-business cost & risk optimization: Dedicated vs. multi-cargo/open port, mine-operated vs. specialized ports operator

- Port value upsides: Regional market opportunities/growth potential, competitive position, bargaining power analyses

Port Business Strategy Definitionfor a US$2b Cu-Fe Mining Project

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…  PROVIDING  STRATEGIC  ADVISORY  SERVICES  TO  MAJOR  MINING  COR-­‐PORATIONS CEOS  AND  HELPING  THEM  MAXIMIZE  SHAREHOLDER  VALUE

PLANNING

ANALYSIS

STRATEGY

STAKEHOLDERMANAGEMENT

DECISIONMAKINGSUPPORT

COMMUNICA-TIONS

TRANSACTIONSSUPPORT

NEGOTIATION

CEO

STRATEGICROADMAP

STRATEGY  CONSULTING  &  ADVISORY  SERVICES

August, 2016

CORPORATE  PRESENTATION