Company: AKO-B
Filing Date: 2025-11-12
Form Type: 6-K
Source: 0001104659-25-109492
Chunk: 30

Company: ANDINA BOTTLING CO INC
Filing Date: 2025-11-12
Form: 6-K
Chunk 30
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 recorded under
current non-financial liabilities.

2.23 New Standards, Interpretations and Amendments to IFRS

2.23.1 Mandatory standards, interpretations and amendments for the first time for financial years beginning on January 1, 2025.

Amendments to IAS 21 - Non-convertibility. Issued
in August 2023, this amendment affects an entity that has a transaction or operation in a foreign currency that is not convertible
into another currency for a specific purpose at the measurement date. A currency is convertible into another currency when it is possible
to obtain the other currency (with a normal administrative delay), and the transaction is carried out through a market or convertibility
mechanism that creates enforceable rights and obligations. This amendment establishes the guidelines to be followed to determine the exchange
rate to be used in situations of absence of convertibility as mentioned above.

The consolidated interim financial statements
of Embotelladora Andina S.A. as of September 30, 2025, incorporate changes resulting from the initial adoption of International Accounting
Standard IAS 21 – Lack of Exchangeability.

On April 14, 2025, in the context of the
new economic plan, the Central Bank of the Argentine Republic (BCRA) announced the lifting of exchange controls.

The elimination of these restrictions on the acquisition
of foreign currency allowed for greater transparency in the determination of exchange rates and facilitated convergence toward a unified
dollar. This led to a devaluation of the official dollar and a reduction in the exchange rate known as the "dólar contado con liquidación” (CCL), bringing both values closer together.

In compliance with IAS 21 – Lack of Exchangeability,
from January 1, 2025, until the date of the lifting of the currency controls, the results and financial statements of subsidiaries
in Argentina, whose functional currency is the Argentine peso, have been translated into the presentation currency using the exchange
rate corresponding to the CCL dollar.

The effects of the exchange rates used to convert
the functional currency (ARS) to the presentation currency (CLP) are as follows:

| 1. | As of September 30, 2025, the conversion of balance sheet accounts in Argentina was performed using                                      
 a parity of $0.70, calculated between the value of the dollar observed in Chile of $962.38 and the Mercado Libre de Cambios (MLC) dollar 
 exchange rate of $1,380.