INVESTMENTS IN ASSOCIATES ACCOUNTED FOR USING THE EQUITY METHOD (Tables)

12 Months Ended

Dec. 31, 2025

INVESTMENTS IN ASSOCIATES ACCOUNTED FOR USING THE EQUITY METHOD

Schedule of investments in associates using equity method of accounting

			Currency	Investment value		Ownership interest
Tax ID	Name	Country	Function	12.31.2025	12.31.2024	12.31.2025		12.31.2024
86.881.400-4	Envases CMF S.A. (1)	Chile	CLP	21,528,332	21,243,928	50.00	%	50.00	%
Foreign	Leão Alimentos e Bebidas Ltda. (2)	Brazil	BRL	12,300,684	10,874,632	10.26	%	10.26	%
Foreign	Kaik Participações Ltda. (2)	Brazil	BRL	477,422	448,687	11.32	%	11.32	%
Foreign	SRSA Participações Ltda.	Brazil	BRL	52,747	52,333	40.00	%	40.00	%
Foreign	Sorocaba Refrescos S.A.	Brazil	BRL	28,615,001	27,132,918	40.00	%	40.00	%
76.572.588.7	Coca-Cola del Valle New Ventures S.A.	Chile	CLP	24,113,685	25,440,212	35.00	%	35.00	%
Total				87,087,871	85,192,710

(1) In Envases CMF S.A., regardless of the ownership interest, it was determined that no controlling interest was held, only a significant influence, given that there was not a majority vote of the Board of Directors to make strategic business decisions.

(2) In these companies, regardless of the ownership interest, it has been defined that the Company has significant influence, given that it has the right to appoint directors.

Schedule of movement of investments in associates accounted for using the equity method

Description	12.31.2025	12.31.2024
	ThCh$	ThCh$
Opening balance	85,192,710	91,799,267
Dividends declared	(2,494,325)	(2,363,400)
Share in operating income	3,558,989	4,549,733
Impairment of Coca-Cola del Valle New Ventures S.A.	—	(2,921,010)
Disposal of Trop Frutas do Brasil Ltda.	—	(840,815)
Other Increase (decrease) in investments in associates*	830,497	(5,031,065)
Final balance	87,087,871	85,192,710

*Mainly due to foreign currency exchange

Schedule of reconciliation of share of profit in investments in associates

Description	12.31.2025	12.31.2024	12.31.2023
	ThCh$	ThCh$	ThCh$
Equity income from associates	3,558,989	1,628,723	3,145,106
Unrealized earnings from product inventory acquired from associates and not sold at the end of the period, which is presented as a discount in the respective asset account (containers and / or inventory)	(645,093)	(631,079)	(428,937)
Balance on income statement	2,913,896	997,644	2,716,169

Summary of financial information by associates

	Envases CMF	Sorocaba Refrescos	Kaik Participaçōes	SRSA Participaçōes	Leão Alimentos e	Coca-Cola del Valle New
	S.A.	S.A.	Ltda.	Ltda.	Bebidas Ltda.	Ventures, S.A.
	ThCh$	ThCh$	ThCh$	ThCh$	ThCh$	ThCh$
Short-term assets	60,901,350	70,383,020	582,815	21,952	85,684,185	13,483,450
Long-term assets	54,211,400	96,984,310	3,963,771	306,906	41,030,182	73,608,982
Total assets	115,112,750	167,367,330	4,546,586	328,858	126,714,367	87,092,432
Short-term liabilities	44,173,639	21,500,843	582,815	198,025	20,083,787	6,033,729
Long-term liabilities	28,451,254	83,198,656	—	—	16,628,702	—
Total liabilities	72,624,893	104,699,499	582,815	198,025	36,712,489	6,033,729
Total equity	42,487,857	62,667,831	3,963,771	130,833	90,001,878	81,058,703
Total income from ordinary activities	90,421,340	86,359,384	281,868	—	74,385,141	31,221,732
Net income before tax	4,035,917	36,745,257	281,868	(1,942)	572,537	(2,026,410)
Net income after tax	3,315,123	9,742,049	281,868	(1,942)	(1,875,672)	739,916
Other comprehensive income	—	(3,129,495)	—	129,557	(92,311,743)	—
Total comprehensive income	3,315,123	6,612,554	281,868	127,615	(94,187,415)	739,916
Reporting date (See Note 2.3)	12.31.2024	11.30.2024	11.30.2024	11.30.2024	11.30.2024	11.30.2024