Company: AKO-B
Filing Date: 2025-01-28
Form Type: 6-K
Source: 0001104659-25-006714
Chunk: 3

Company: ANDINA BOTTLING CO INC
Filing Date: 2025-01-28
Form: 6-K
Chunk 3
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| 4Q24 EARNINGS RELEASE |     |
| www.koandina.com      |     |
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We also continued to optimize processes to reduce our water consumption, finishing the year with a ratio of 1.64 liters of water withdrawn for every liter of beverage produced, with the implementation of effluent water treatment and recovery projects in Chile and Brazil standing out.

Our work also focuses on clean and renewable energy. In June, we signed a seven-year agreement with Pampa Energía, an energy supplier, in Argentina to integrate wind energy into the operations of the Coca-Cola Andina plants in Córdoba, Trelew, Bahía Blanca and Andina Empaques. Consequently, at a consolidated level, over 44% of our total energy consumption in 2024 came from renewable sources.

We anticipate a capital expenditure of approximately USD 240 million by 2025. A significant portion of this amount will be used to support our customers by investing in returnable containers and cases and installing cold equipment at points of sale that need it. Also, in Brazil, we will invest in a new mineral water production line and complete the investment in a multi-category line in Duque de Caxias, which will enable us to produce beer among other products. In Paraguay, we will invest in a line for returnable glass bottles. It is important to mention that the Capex 2025 estimate is under constant evaluation and monitoring, and may vary depending on the macroeconomic conditions of the countries in which we operate, among other considerations."

The sustainability information
includes Embotelladora Andina S.A. and its main subsidiaries (Coca-Cola Andina Argentina, Coca-Cola Andina Brazil, Coca-Cola Andina Chile
and Paresa).

BASIS OF PRESENTATION

Figures in the following analysis are expressed
in accordance with IFRS, in nominal Chilean pesos, both for consolidated results and for the results of each of our operations. All variations
with respect to 2023 are nominal.

Since Argentina has been classified as a Hyperinflationary
economy, pursuant to IAS 29, translation of figures from local to reporting currency was performed using the closing exchange rate for
the translation to Chilean pesos. Local currency figures for both 2024 and 2023 referred to in the Argentina sections are expressed in
December 2024 currency.

Finally, a devaluation of local currencies regarding
the U.S. dollar has a negative