Quiñenco (QUINENCO) Investor presentation summary

Ownership and portfolio structure

• Holds a diversified portfolio with controlling or significant stakes in six main operating companies across banking, beverages, cables, shipping, energy, and port services.

• Net asset value stands at US $9.2 billion as of September 2024, with a market cap of US $6.2 billion and assets under management totaling US $113 billion.

• Employs over 75,800 people in 141 countries, reflecting a strong international presence.

• Maintains AA+/AA+ credit ratings and a conservative financial structure, with 85% equity and low net debt.

Financial performance and growth

• Achieved a 9% average annual compound growth rate in net asset value over the past 20 years.

• NAV reached US $9.2 billion as of September 2024, with a market cap of US $5.8 billion.

• Dividend payouts have been robust, with a 2024 interim dividend of US $200 million and a healthy dividend yield.

• Maintains low corporate debt, with net debt turning negative in 2024 due to strong cash flow and asset disposals.

Investment strategy and market position

• Focuses on controlling stakes or significant influence, strategic alliances, and leading market positions in all business areas.

• Partners with global leaders such as Heineken, Citigroup, and Hapag-Lloyd to leverage expertise and synergies.

• Investments are diversified across financial services, transport, energy, manufacturing, beverages, and port services.