Quiñenco (QUINENCO) Investor presentation summary

Ownership and portfolio structure

• Holds controlling or influential stakes in six main companies across banking, beverages, cables, shipping, port services, and energy sectors, with significant international presence and partnerships with global leaders like Citigroup, Heineken, and Nexans.

• Net asset value reached US$9.3 billion as of June 2025, with assets under management totaling US$102 billion and a market capitalization of US$6.9 billion.

• Employs over 76,500 people in 140 countries, reflecting broad geographic and sector diversification.

• Maintains a strong credit rating (AA+/AAA) and a conservative financial structure, with 85% of liabilities and equity in shareholders’ equity.

• Investment criteria focus on controlling stakes, strategic alliances, competitive advantages, and growth platforms.

Financial performance and value creation

• Achieved an average annual compound growth rate of 8% in NAV over the past 21 years, with NAV rising from US$3.3 billion in 2003 to US$9.3 billion in June 2025.

• Consolidated revenues reached US$8.6 billion in 2024, with transport (48%) and manufacturing (25%) as the largest contributors.

• Net income for 2024 was US$712 million, with diversified contributions from financial, energy, transport, and port services segments.

• Maintains low corporate net debt, reporting a net cash position of US$309 million as of March 2025.

• Distributed Ch$600 billion in dividends in 2025, equivalent to 90% of 2024 net income.

Recent strategic transactions and developments

• Sold a 5% stake in Nexans in September 2025 for US$310 million, reducing its holding to 9.2% and generating a net gain of US$89.5 million.

• Nexans completed acquisitions of La Triveneta Cavi (Italy) and Cables RCT (Spain), and divested AmerCable (USA) and Lynxeo (France) in 2024–2025, advancing its electrification strategy.

• CSAV recovered €406 million in tax retentions from Germany and proposed a US$200 million dividend from retained earnings.

• CCU formed a joint venture with Vierci Group in Paraguay, expanding its PepsiCo license portfolio.

• SM SAAM launched fully electric tug boats in Canada and Chile, marking a milestone in sustainable port operations.

• Enex expanded its US travel center network to 54 locations and received US$105 million in capital increases to support growth.