ESSENTIAL FACT
COMPANY NAME: EMBOTELLADORA ANDINA S.A.
UK: 91.144.000-8
By virtue of the provisions of art. 9 and paragraph 2 of Art. 10 of Law No. 18,045, and the provisions of Section II of General Standard No. 30 of the Commission for the Financial Market, being duly empowered for this purpose by the Board of Directors, I have communicated the following with respect to the company Embotelladora Andina S.A. (the “Company” or the “Company”), its business, of their publicly offered securities or the offer thereof, as a material fact:
At the Ordinary Shareholders’ Meeting of Embotelladora Andina S.A., held today, April 20, 2023, it was agreed, among other matters, the following:
1. Approve the Annual Report, the Statement of Financial Position and the Financial Statements corresponding to the Fiscal Year 2022; as well as the Report of the External Audit Firm with respect to the Financial Statements indicated;
2. Approve the distribution of profits and the distribution of dividends;
3. Approve the statement regarding the Company’s dividend policy and information on the procedures used in the distribution and payment thereof;
4. Approve the remuneration of the Directors, the members of the Culture, Ethics and Sustainability Committee, the members of the Executive Committee, the members of the Directors’ Committee established by Article 50 bis of Law No. 18,046, and the members of the Audit Committee required by the Sarbanes & Oxley Act of the United States; as well as the annual management report and the expenses incurred by the Directors’ Committee, and the expenses of the Board of Directors, during the 2022 financial year;
5. Appoint PricewaterhouseCoopers Consultores, Auditores y Compañía Limitada as an External Audit Firm for the Fiscal Year 2023;
6. To appoint the following companies as the Company’s Risk Rating Agencies for 2023: Fitch Chile Clasificadora de Riesgo Limitada and International Credit Rating Clasificadora de Riesgo Limitada, as local classifiers; and Fitch Ratings, Inc. and SE-P Global Ratings, as international ratings.
7. To approve the account on resolutions of the Board of Directors relating to operations referred to in Articles 146 et seq. of Law No. 18,046, subsequent to the last shareholders’ meeting; and
8. Designate the Financial Journal as the newspaper where notices and calls for ordinary and extraordinary shareholders’ meetings must be published.
Within number 2 above, the Board agreed to ratify the provisional dividends paid against the profits of the Fiscal Year 2022, and to approve the distribution of profits and the distribution of new dividends as described below:
1. A first dividend, additional definitive N°225, charged to the profits of the Fiscal Year 2022 for the amounts indicated below:
a) $29 (twenty-nine pesos) for each Series A share; and
b) $31.9 (thirty-one point nine pesos) for each Series B share.
The new dividend indicated above will be paid as of May 9, 2023.
2. A second dividend, eventual final N°226, charged to the Accumulated Profits account, for the amounts indicated below:
a) $50 (fifty pesos) for each Series A share; and
b) $55 (fifty-five pesos) for each Series B share.
The new dividend indicated above will be paid as of May 26, 2023.
The closing of the Shareholders’ Register for the payment of the aforementioned dividends will be the fifth business day prior to the respective payment start date.
Santiago, April 20, 2023.
Jaime Cohen Arancibia
Corporate Legal Manager
Embotelladora Andina S.A.
Link to the file in CMFChile: https://www.cmfchile.cl/sitio/aplic/serdoc/ver_sgd.php?s567=0e0e1764228d655f4a3e3f6325687bc8VFdwQmVVMTZRVEJOUkVVelRWUlJkMDFuUFQwPQ==&secuencia=-1&t=1682401141
