Company: AKO-B
Filing Date: 2025-11-12
Form Type: 6-K
Source: 0001104659-25-109492
Chunk: 75

Company: ANDINA BOTTLING CO INC
Filing Date: 2025-11-12
Form: 6-K
Chunk 75
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 facing labor, tax, civil,                                                                             
 and commercial legal proceedings. Accounting provisions to cover contingencies for a possible loss in these proceedings amount to ThCh$ 
 55,916,099 (ThCh$ 53,001,124 as of December 31, 2024). Based on the opinion of our legal advisors, management considers it unlikely     
 that non-provisioned contingencies will materially affect the Company's results and equity. As is customary in Brazil, Rio de Janeiro   
 Refrescos Ltda. maintains judicial deposits and assets pledged as collateral to ensure compliance with certain proceedings, regardless  
 of whether they have been classified as remote or probable losses. The amounts deposited or pledged as legal collateral amount to ThCh$ 
 28,581,283 (ThCh$ 24,406,565 as of December 31, 2024).                                                                                  |

Part of the assets pledged as
collateral 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 2,727,389,955 with various financial institutions and insurance companies in Brazil, through
which, for an annual commission of 0.13%, said institutions are responsible for complying with the obligations to the Brazilian tax authorities
in the event of a dispute against Rio de Janeiro Refrescos Ltda. and in the event that the latter is unable to comply with the aforementioned
obligation. Additionally, in the event of the aforementioned situation, there is a counter-guarantee agreement with the same financial
institutions and insurance companies, in which Rio de Janeiro Refrescos Ltda. undertakes to pay them the amounts disbursed to the Brazilian
tax authorities.

The main contingencies faced by Rio
de Janeiro Refrescos are as follows:

| a) | Tax contingencies for Industrialized Products Tax (IPI) credits. |

Rio de Janeiro Refrescos is party to
a series of ongoing proceedings in which the Brazilian federal tax authorities are demanding payment of value added tax on industrialized
products (Imposto sobre Produtos Industrializados, or IPI) totaling BRL 3,520,597,004 as of the date of these financial statements.

The Company does not agree with the
Brazilian tax authority's position in these proceedings and believes that it was entitled to claim the IPI tax credits in relation to
its purchases of certain exempt inputs from suppliers located in the Manaus Free