Recent news highlights commodity price movements relevant to the beverage industry, including declines in sugar prices linked to crude oil weakness, cocoa prices supported by dry conditions in West Africa, and pressures on coffee prices due to crop expectations in Brazil.

• Sugar prices have fallen due to weakness in crude oil prices, impacting input costs for beverage producers [N1].
• Crude oil prices declined amid hopes for de-escalation of hostilities in the Middle East, influencing commodity markets [N2].
• Weakness in crude oil has exerted downward pressure on sugar prices [N3].
• Cocoa prices have been supported by dry weather conditions in West Africa, a key producing region [N4].
• Arabica coffee prices are under pressure due to expectations of a bumper coffee crop in Brazil [N6].
• Stock markets have rallied on optimism regarding a near conclusion to the war in Iran, affecting market sentiment [N7].

The company’s extensive operations across multiple South American countries and partnership with The Coca-Cola Company provide a solid platform for sustained beverage market presence. Its commitment to sustainability and resource efficiency aligns with evolving consumer and regulatory expectations. The robust cybersecurity framework reduces operational risks related to data breaches and cyber threats. The company’s liquidity position and dividend policy demonstrate financial discipline and shareholder return focus. Favorable commodity price trends and improving economic conditions in its markets could support operational performance. The company’s transparent and comprehensive SEC disclosures enhance investor confidence and visibility.

The company faces risks from commodity price volatility, including sugar, cocoa, and coffee, which can impact input costs and margins. Currency fluctuations in its operating countries may affect financial results and reporting. Regulatory changes in foreign investment, taxation, and exchange controls in Chile and other jurisdictions could increase compliance costs or restrict capital flows. Cybersecurity threats remain a risk despite mitigation efforts, with potential for operational disruption or reputational damage. Economic or political instability in South American markets could adversely affect demand and operations. The company’s dividend payments are subject to shareholder approval and may be influenced by financial performance and market conditions.

ANDINA BOTTLING CO INC benefits from its strategic partnership with The Coca-Cola Company, providing strong brand recognition and access to a broad beverage portfolio. Its multi-country presence in South America offers geographic diversification and scale advantages. The company’s focus on efficient resource use, sustainability, and strong stakeholder relationships supports operational resilience. Its adherence to international cybersecurity standards and continuous risk management enhances operational security. The company’s established distribution networks and regulatory compliance in multiple jurisdictions contribute to barriers to entry for competitors. These factors collectively support a competitive moat in the beverage bottling and distribution industry in its operating regions.

• Commodity Price Volatility: Fluctuations in prices of key inputs such as sugar, cocoa, and coffee can affect cost structures and profitability.
• Currency and Exchange Rate Risks: Operations across multiple countries expose the company to currency translation and transaction risks impacting financial results.
• Regulatory and Taxation Changes: Changes in Chilean and regional foreign investment, exchange control, and tax laws may affect capital flows and tax liabilities.
• Cybersecurity Threats: Despite robust cybersecurity measures, potential breaches could disrupt operations, cause data loss, or damage reputation.
• Economic and Political Instability: Macroeconomic or political challenges in South America could reduce consumer demand and operational stability.

• ANDINA BOTTLING CO INC is a Chilean company operating as a beverage bottler and distributor, with operations in Chile, Brazil, Argentina, and Paraguay.
• The company aims to be a Total Beverage Company, focusing on efficient and sustainable use of resources, strong consumer and stakeholder relationships, and partnership with The Coca-Cola Company.
• The company files annual reports on Form 20-F and periodic reports on Form 6-K with the SEC, indicating compliance with U.S. reporting standards for foreign private issuers.
• As of December 31, 2025, the company reported revenue of approximately 3.34 trillion Chilean pesos and net income of approximately 270.5 billion Chilean pesos.
• Basic and diluted earnings per share for 2025 were 283.86 Chilean pesos per share.
• The company had cash and cash equivalents of approximately 296.5 billion Chilean pesos and current assets of about 1.03 trillion Chilean pesos as of December 31, 2025.
• Current liabilities were approximately 730.4 billion Chilean pesos, resulting in a current ratio of 1.41 and a cash ratio of 0.41 as of December 31, 2025.
• The company has a comprehensive cybersecurity program aligned with international standards such as ISO and NIST, including a Zero Trust model and regular vulnerability assessments.
• The company’s dividend policy includes proposed dividends for 2025 fiscal year: 102 Chilean pesos per Series A share and 112.2 Chilean pesos per Series B share, with payment planned for May 14, 2026, subject to shareholder approval.
• The company’s financial statements reflect operations in multiple South American countries with currency exposure to CLP, BRL, ARS, PGY, and USD.
• Recent news relevant to the company’s industry includes commodity price movements such as sugar prices falling due to crude oil weakness, cocoa prices supported by dry conditions in West Africa, and coffee prices pressured by crop expectations in Brazil [N1][N3][N4][N6].
• The company’s governance includes regular shareholder meetings, board compensation determinations, and appointment of independent auditors and rating agencies.
• The company’s financial disclosures include detailed income statements, balance sheets, and cash flow statements with IFRS accounting standards.
• The company’s liquidity position and debt profile are disclosed, including bonds and bank debt, with ratings from local and international agencies.
• The company’s operations are subject to Chilean foreign investment and exchange control regulations, including reporting and channeling requirements under the CNCI framework.
• Tax considerations for foreign investors include withholding taxes on dividends and capital gains treatment under Chilean law and the Chile-US tax treaty.
• The company’s cybersecurity risk management includes training for all employees and continuous improvement processes to mitigate cyber threats.