Embotelladora Andina S.A. together with Coca Cola Embonor S.A., have subscribed a Distribution Agreement with Cervecería Chile S. A by virtue of which both companies will assume the sale, commercialization and distribution of Cervecería Chile S.A.'s main brands in certain regions of the country. The subscription of the Agreement is part of the Company´s growth and product portfolio diversification strategy that started in 2018, by joining the commercialization and distribution of alcoholic beverages. Among the brands of products of Cervecería Chile S.A. that will be distributed by Andina in Metropolitan, Coquimbo, Aysén and Magallanes Regions, as well as the Province of Cachapoal and the Province of San Antonio, are included, among others, Corona, Stella Artois, Budweiser, Becker, Báltica, Cusqueña, Kilometro 24.7 and Quilmes.

The commercialization and distribution of these new products will generate for Andina an EBITDA margin of approximately 5% over revenues from this operation. Although at the moment it is not possible to anticipate the incremental volume that this transaction will generate, it is reported herein that in the last 12 months the sales volumes of the products included in the Agreement, in the territory where they will be commercialized by Andina, reached approximately 28.3 million unit cases. The Agreement will have a validity of 5 years starting from November 1st, 2020 and to this date the services must have initialized.