Company: AKO-B
Filing Date: 2025-05-07
Form Type: 6-K
Source: 0001104659-25-045391
Chunk: 69

Company: ANDINA BOTTLING CO INC
Filing Date: 2025-05-07
Form: 6-K
Chunk 69
---
cos 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 3,398,967,942 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 these matters.

<div align='center'>65</div>

Notwithstanding the above, the IFRS
related to business combination in terms of distribution of the purchase price establishes that contingencies must be measured one by
one according to their probability of occurrence and discounted at fair value from the date on which it is deemed the loss can be generated.
As a result of the acquisition of Companhia de Bebidas Ipiranga in 2013 and pursuant to this criterion and although there are contingencies
listed only as possible for BRL 647,205,564 (amount includes adjustments for current lawsuits) a start provision has been generated in
the accounting of the business combination for BRL 124,862,349.

| b) | Other tax contingencies. |

They refer
to ICMS-SP tax administrative processes that challenge the credits derived from the acquisition of tax-exempt products acquired by the
Company from a supplier located in the Manaus Free Zone. The total amount is BRL 582,098,481 being assessed by external attorneys as a
remote loss, so it has no accounting provision.

The company
was challenged by the federal tax authority for tax deductibility of a portion of goodwill in the 2014-2016 period arising from the acquisition
of Companhia de Bebidas Ipiranga. The tax authority understands that the entity that acquired Companhia de Bebidas Ipiranga is Embotelladora