Company: AKO-B
Filing Date: 2025-01-28
Form Type: 6-K
Source: 0001104659-25-006714
Chunk: 27

Company: ANDINA BOTTLING CO INC
Filing Date: 2025-01-28
Form: 6-K
Chunk 27
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 affect the business are as follows:

Relationship with The Coca-Cola Company

A large part of the Company’s sales derives
from the sale of products whose trademarks are owned by The Coca-Cola Company, which has the ability to exert an important influence
on the business through its rights under the Licensing or Bottling Agreements. In addition, we depend on The Coca-Cola Company to renew
these Bottling Agreements.

Non-alcoholic beverage business environment

Consumers, public health officials, and government
officials in our markets are increasingly concerned about the public health consequences associated with obesity, which can affect demand
for our products, especially those containing sugar.

The Company has developed a large portfolio of
sugar-free products and has also made reformulations to some of its sugary products, significantly reducing sugar contents of its products.

| COCA-COLA ANDINA      |      |
| 4Q24 EARNINGS RELEASE |      |
| www.koandina.com      |      |
|                       | -14- |

Raw material prices and exchange rate

Many raw materials are used in the production
of beverages and packaging, including sugar and PET resin, the prices of which may present great volatility. In the case of sugar, the
Company sets the price of a part of the volume that it consumes with some anticipation, in order to avoid having large fluctuations of
cost that cannot be anticipated.

In addition, these raw materials are traded in
dollars; the Company has a policy of hedging in the futures market a portion of the dollars it uses to buy raw materials.

Instability in the supply of utilities and raw materials

In the countries in which we operate, our operations
depend on a stable supply of utilities, fuel and raw materials. Power outages or water shut offs as well as the lack of raw materials
may result in interruptions of our production. The Company has mitigation plans to reduce the effects of eventual interruptions in the
supply of utilities and raw materials.

Economic conditions of the countries where we operate

The Company maintains operations in Argentina,
Brazil, Chile and Paraguay. The demand for our products largely depends on the economic situation of these countries. Moreover, economic
instability can cause depreciation of the currencies of these countries, as well as inflation, which may eventually affect the Company’s
financial situation.

New tax laws or modifications to tax incentives

We cannot ensure that any government authority
in any of the countries in which we operate will not impose new taxes or increase existing taxes on our raw materials,