Company: AKO-B
Filing Date: 2025-07-30
Form Type: 6-K
Source: 0001104659-25-071843
Chunk: 25

Company: ANDINA BOTTLING CO INC
Filing Date: 2025-07-30
Form: 6-K
Chunk 25
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 | 1,205.0 |     |      | 32.1 | % |     |                |    1.0 |     |      |    0.8 |     |      | -25.2 | % |
| Brazil     |     |                |  5.09 |     |      |    5.76 |     |      | 13.2 | % |     |                | 185.08 |     |      | 165.87 |     |      | -10.4 | % |
| Chile      |     |                |   941 |     |      |     955 |     |      |  1.4 | % |     |                |    N/A |     |      |    N/A |     |      |   N/A |   |
| Paraguay   |     |                | 7,392 |     |      |   7,954 |     |      |  7.6 | % |     |                |   0.13 |     |      |   0.12 |     |      |  -5.7 | % |

*Except Argentina, where the closing exchange rate is used, in accordance with IAS 29.

MARKET RISK ANALYSIS

The Company’s risk
management is the responsibility of the office of the Chief Executive Officer, (through the areas of Corporate Management Control, Sustainability
and Risks, which report to the office of the Chief Financial Officer), as well as each of the management areas of Coca-Cola Andina. The
main risks that the Company has identified and that could possibly affect the business are as follows:

Relationship with The Coca-Cola Company

A large part of the Company’s
sales derives from the sale of products whose trademarks are owned by The Coca-Cola Company, which has the ability to exert an important
influence on the business through its rights under the Licensing or Bottling Agreements. In addition, we depend on The Coca-Cola Company
to renew these Bottling Agreements.

Non-alcoholic beverage business environment

Consumers, public health
officials, and government officials in our markets are increasingly concerned about the public health consequences associated with obesity,
which can affect demand for our products, especially those containing sugar.

The Company has developed
a large portfolio of sugar-free products and has also made reformulations to some of its sugary products, significantly reducing sugar
contents of its products.

| COCA-COLA ANDINA