Company: AKO-B
Filing Date: 2025-11-12
Form Type: 6-K
Source: 0001104659-25-109492
Chunk: 17

Company: ANDINA BOTTLING CO INC
Filing Date: 2025-11-12
Form: 6-K
Chunk 17
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ão Alimentos e Bebidas Ltda.; |
| - | AdeS Paraguay                                                               |

To check if goodwill has suffered a loss due to
impairment of value, the Company compares the book value thereof with its recoverable value, and recognizes an impairment loss, for the
excess of the asset's carrying amount over its recoverable amount. To determine the recoverable values of
the CGU, management considers the discounted cash flow method as the most appropriate.

The main assumptions used in the annual impairment
test are:

| a) | Discount rate |

The discount rate applied in the annual impairment
test carried out in 2024 was estimated using the CAPM (Capital Asset Pricing Model) methodology, which allows estimating a discount rate
according to the level of risk of the CGU in the country where it operates. A nominal discount rate in local currency before tax is used
according to the following table:

|           |     | 2024 Discount rates |
| Argentina |     | 21.2%               |
| Chile     |     | 9.3%                |
| Brazil    |     | 10.4%               |
| Paraguay  |     | 11.0%               |

| b) | Other assumptions |

The financial projections to determine the net
present value of future cash flows of the CGUs are modeled based on the main historical variables and the respective approved budgets
for each CGU. In this regard, a conservative growth rate is used, taking into account the differences that exist in categories with high
growth such as carbonated beverages, categories with medium growth such as waters and juices, and categories that have lower margins such
as alcohols. Additionally, the valuation model considers projections over 5 years based on perpetuity growth rates per operation, which
follow a real growth according to long-term population growth expectations. In this sense, the variables with greatest sensitivity in
these projections are the discount rates applied in the determination of the net present value of projected cash flows, growth perpetuities
and EBITDA margins considered in each CGU.

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In order to sensitize the impairment test, variations
were made to the main variables used in the model. Ranges used for each of the modified variables are:

| - | Discount Rate: Increase / Decrease of up to 200 bps as a value in the rate at which future cash  
 flows are discounted to bring them to present value                                              |
| -