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We would like to inform all workers that the Company has made its first offer in furtherance of the collective bargaining negotiations currently being held with Sintradrummond, Agretritrenes and Sintramineros. This offer can be summarized as follows:
As you can see, NONE of the benefits for workers will be reduced, much less eliminated, by the Company.
The Company has a principle of offering the same benefits to the workers that are covered by the scope of the collective bargaining agreements and/or arbitration award.
Regarding the union chapter, the Company will maintain the benefits granted, but they will be reallocated among the existing unions, depending on the particular circumstances of each one.
The Company reiterates its intention to reach collective bargaining agreements with all of the union organizations, bearing in mind the limitations that the current coal market imposes on the industry.
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FOR MORE INFORMATION
Pablo Urrutia – Mobile 57 (318) 735-7445, Tel. 57 (1) 587-1000 Ext. 5809
Margarita Saade – Mobile 57 (316) 312-4180, Tel. 57 (5) 571-9300 Ext. 8581
Wilma Calderón – Mobile 57 (310) 287-6085, Tel. 57 (1) 611-5014