During the 2026 Annual Shareholders’ Meeting, the Chairman of the Board of Empresas Copec addressed the complex international scenario and the economic challenges facing Chile. In his remarks, he stated that the global context “has been shaped by great geopolitical tension and increasing polarization,” in an environment where armed conflicts have persisted and growing trade barriers have triggered a profound restructuring of global supply chains.

Analyzing the local situation, Angelini stated that the country faces the challenge of building broad agreements to restore economic growth. “Growth is not an end in itself, but it is an indispensable enabling force for delivering well-being to people,” he said, warning that Chile cannot become accustomed to low levels of activity or high unemployment rates. In that sense, he called for progress toward a more agile State and an institutional structure that provides greater certainty and predictability to drive investment.

Empresas Copec’s Chairman also highlighted the role of companies in the country’s economic and social development, emphasizing their contribution to employment, investment, and tax revenue. “When companies do well, the country does well, everyone does well,” he affirmed, stressing the importance of strengthening public-private collaboration and creating conditions that improve Chile’s competitiveness regarding other markets.

Finally, Angelini said that Chile holds real advantages to benefit from the new global scenario, thanks to its natural resources, human capital, and institutional framework, and called for seizing this opportunity with a long-term vision. “Let us once again be the Chile that earned a privileged place in the global economic arena. Let us together transform our natural wealth, our knowledge, and the enormous entrepreneurial talent we have into well-being and quality of life for all,” he concluded.