Company: AKO-B
Filing Date: 2025-02-10
Form Type: 6-K
Source: 0001104659-25-010792
Chunk: 52

Company: ANDINA BOTTLING CO INC
Filing Date: 2025-02-10
Form: 6-K
Chunk 52
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a. faces labor, tax, civil and trade lawsuits. Accounting provisions have                                       
 been made for the contingency of a probable loss because of these lawsuits, totaling CLP 53,001,124 thousand (CLP 52,997,682 thousand       
 as of December 31, 2023). Management considers it unlikely that non-provisioned contingencies will affect the Company's income and          
 equity, based on the opinion of its legal counsel. As it is customary in Brazil, Rio de Janeiro Refrescos Ltda. maintains Deposit in courts 
 and assets given in pledge to secure the compliance of certain processes, irrespective of whether these have been classified as a possible, 
 probable or remote. The amounts deposited or pledged as legal guarantees amounted to CLP 24,406,656 thousand (CLP 25,845,561 thousand       
 as of December 31, 2023).                                                                                                                   |

Part of the assets held under warranty by Rio de Janeiro Refrescos Ltda. are in the process of being released and others have already been released in exchange for guarantee insurance and bond letters for BRL 2,442,962,831 with different Financial Institutions and Insurance Companies in Brazil, these entities receive an annual commission fee of 0.13%. and become responsible of fulfilling obligations with the
Brazilian tax authorities should any trial result against Rio de Janeiro Refrescos Ltda. Additionally, if the warranty and bond letters
are executed, Rio de Janeiro Refrescos Ltda. promises to reimburse to the financial institutions and Insurance Companies any amounts disbursed
by them to the Brazilian government.

Main contingencies faced by Rio de Janeiro
Refrescos are as follows:

| a) | Tax contingencies resulting from credits on tax on industrialized products (IPI). |

Rio de Janeiro Refrescos is a party to a series of proceedings under way, in which the Brazilian federal tax authorities demand payment of value-added tax on industrialized products (Imposto sobre Produtos Industrializados, or IPI) totaling BRL 3,516,866,679 at the date
of these financial statements.

The Company does not share the position
of the Brazilian tax authority in these procedures and considers that it was entitled to claim IPI tax credits in connection with purchases
of certain exempt raw materials from suppliers located in the Manaus free trade zone.

Based on the opinion of its advisers,
and legal outcomes to date, Management estimates that these procedures do not represent probable losses and has not recorded a provision
on