Mitsubishi Corporation (MC) holds 30% of Fosfatos del Pacífico total shares through an affiliate (MCA Phosphates LTD), being a strategic partner in developing the project. Furthermore, MC and FOSPAC posses an Off Take Agreement by which MC will acquire the entire production of phosphate rock concentrate, after supplying the local market, for a minimum term of 20 years.
Mr. Morales has been a Director since March 2008 and currently serves as Vice Chairman of the Board of Cementos Pacasmayo. He is Vice Chairman of the Board of Directors of Credicorp LTD., Banco de Crédito del Perú S.A. and Pacífico Cía. Seguros y Reaseguros. He is also a member of the Board of Directors of Atlantic Security Holding Corporation, Grupo Crédito S.A., Solución Empresa Administradora Hipotecaria S.A., Fosfatos del Pacífico S.A. and Grupo Romero. He served as General Manager of BCP from 1990 to 2008 and previously held various positions at Bank of America and Wells Fargo Bank between 1970 and 1980. Mr. Morales holds a degree in Economics and Business Administration from Universidad del Pacífico in Lima, Peru, and a Master’s in Business Administration from the Wharton Graduate School of Finance at the University of Pennsylvania, United States.
Ms. Hayashi was Finance Managing Director from January 2022 until March 31, 2025. She is currently the Company’s CFO. She is a member of the Board of Directors of Fosfatos del Pacífico S.A. and FOSSAL S.A.A. since April 2025. She holds a Bachelor’s degree in Business Administration from Universidad del Pacífico and a Master’s degree in Business Administration (MBA) from IE Business School in Madrid, Spain. Ms. Hayashi joined Cementos Pacasmayo in 2006 and has held various positions in operational and financial areas throughout her more than 18 years with the company.