Mariana Taddeo

Mariana Taddeo inquired why Pacasmayo is assuming acquisition-related expenses and why these costs are notably high.

Answer

CEO Humberto Nadal clarified that most transaction expenses relate to long-standing change-of-control contractual obligations, approved by the board. He added that part of these expenses would be assumed by Holcim and were considered reasonable given the achieved share price.

Mariana Taddeo from Credicorp asked for an explanation regarding why Pacasmayo assumed the acquisition-related expenses and the reasons behind their high value.

Answer

CEO Humberto Nadal explained that the transaction expenses were primarily related to long-standing change of control clauses and contractual obligations. He noted that part of these expenses would be assumed by Hochschild, and the board deemed them reasonable given the favorable valuation achieved for the company's shares.