Company: AKO-B
Filing Date: 2025-05-07
Form Type: 6-K
Source: 0001104659-25-045391
Chunk: 15

Company: ANDINA BOTTLING CO INC
Filing Date: 2025-05-07
Form: 6-K
Chunk 15
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 of value, the Company compares the book value thereof with its recoverable value, and recognizes an impairment loss, for the
excess of the asset's carrying amount over its recoverable amount. To determine the recoverable values ​​of
the CGU, management considers the discounted cash flow method as the most appropriate.

The main assumptions used in the annual impairment
test are:

| a) | Discount rate |

The discount rate applied in the annual
impairment test carried out in 2024 was estimated using the CAPM (Capital Asset Pricing Model) methodology, which allows estimating a
discount rate according to the level of risk of the CGU in the country where it operates. A nominal discount rate in local currency before
tax is used according to the following table:

|           |     | 2024     
 Discount 
 rates    |      |   |
| Argentina |     |          | 21.2 | % |
| Chile     |     |          |  9.3 | % |
| Brazil    |     |          | 10.4 | % |
| Paraguay  |     |          | 11.0 | % |

| b) | Other assumptions |

The financial projections to determine
the net present value of future cash flows of the CGUs are modeled based on the main historical variables and the respective approved
budgets for each CGU. In this regard, a conservative growth rate is used, taking into account the differences that exist in categories
with high growth such as carbonated beverages, categories with medium growth such as waters and juices, and categories that have lower
margins such as alcohols. Additionally, the valuation model considers projections over 5 years based on perpetuity growth rates per operation,
which follow a real growth according to long-term population growth expectations. In this sense, the variables with greatest sensitivity
in these projections are the discount rates applied in the determination of the net present value of projected cash flows, growth perpetuities
and EBITDA margins considered in each CGU.

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In order to sensitize the impairment
test, variations were made to the main variables used in the model. Ranges used for each of the modified variables are:

| - | Discount Rate: Increase / Decrease of up to 200 bps as a value in the rate at which future cash  
 flows are discounted to bring them to present value                                              |
| - | Perpetuity: Increase / Decrease of up to 25