Company: AKO-B
Filing Date: 2025-03-26
Form Type: 20-F
Source: 0001410578-25-000473
Chunk: 1

Company: ANDINA BOTTLING CO INC
Filing Date: 2025-03-26
Form: 20-F
Item: Item 3
Chunk 1
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ITEM 3.KEY INFORMATION
A.[Reserved]
B.CAPITALIZATION AND INDEBTEDNESS
Not applicable.
C.REASONS FOR THE OFFER AND USE OF PROCEEDS
Not applicable.
D.RISK FACTORS
Summary of Risk Factors
The following summarizes some, but not all, of the principal risks provided below. Please carefully consider all of the information discussed in this Item 3.D “Risk Factors” in this annual report on Form 20-F for a detailed description of these and other risks.

●   We rely heavily on our relationship with The Coca-Cola Company, which has substantial influence over our business and operations. Non-renewal of our authorization to produce and market its branded products, or other changes in our relationship, may adversely affect our business.
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●   The beverage business environment is changing rapidly, including as a result of increased health and environmental concerns, such as epidemic diseases, single use packaging, and plastic bottles pollution, and if we do not address evolving consumer product and shopping preferences, our business could suffer.
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●   Increased concern about the health effects of sugar and other sweeteners in beverages could result in changes to the beverage business that may adversely affect our financial results.
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●   Our business is highly competitive, including with respect to price competition, which may adversely affect our net profits and margins.
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●   If our raw material costs increase, including as a result of U.S. dollar/local currency exchange risk, price volatility and inflation, our profitability may be affected.
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●   Instability in the supply of utility services and oil prices may adversely impact our results of operations.
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●   Water scarcity, poor water quality and energy shortages could adversely impact our production costs and capacity.
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●   Climate change and legal or regulatory responses thereto may have an adverse impact on our business and results of operations.
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●   Our ability to achieve our environmental, social and governmental goals are subject to risks, many of which are outside of our control and our reputation and brands could be harmed if we fail to meet such goals.
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●   Significant additional labeling or warning requirements may inhibit sales of our products.
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●   Our business may be adversely affected if we are unable to maintain brand image and product quality.
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●   Trademark infringement could adversely impact our beverage business.
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●   We may not be able to successfully implement our