Compañía Cervecerías Unidas (CCL) Corporate presentation summary

Ownership and structure

• Jointly owned by Quiñenco S.A. and Heineken, each holding 50% through IRSA and direct stakes.

• Market capitalization reached USD 2.2 billion as of March 31, 2024.

• Shares are traded on the NYSE (ADR) and Santiago Stock Exchange.

Business overview and market position

• Operates as a regional multicategory beverage company with leading positions in beer, soft drinks, wine, and spirits across Chile and international markets.

• Total consolidated volume was 33.1 million hectoliters in 2023, with net sales of USD 3,058 million and EBITDA of USD 452 million.

• Holds strong market shares: 45% in beer and 67% in carbonated soft drinks in Chile, and significant shares in Argentina, Uruguay, Paraguay, and Bolivia.

• Extensive brand portfolio includes proprietary and licensed brands across all beverage categories.

Operations and growth strategy

• Operates 35 plants and 52 distribution centers, reaching over 400,000 points of sale.

• Business model leverages synergies across operating segments and joint ventures, focusing on efficiency and category leadership.

• Proven track record of diversification and inorganic growth through strategic acquisitions and alliances since the 1990s.