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Investor Presentaiton

PERFORMANCE OVERVIEW CCU Balance sheet: Strong figures and healthy financial ratios Assets (mln CLP) Cash and cash equivalents Other current assets As of Dec 31st, 2020 As of Dec 31st, 2019 Liabilities and Equity (mln CLP) As of Dec 31st, 2020 As of Dec 31st, 2019 396,389 196,369 Financial debt 514,141 330,155 563,617 592,913 Other liabilities 602,377 580,608 Total current assets 960,006 789,282 Total liabilities 1,116,518 910,763 Property, plant and equipment 1,082,516 1,071,730 Net equity (shareholders) 1,296,574 1,328,054 Other non current assets 482,815 492,679 Minority interest 112,244 114,873 Total non current assets 1,565,330 1,564,409 Total equity 1,408,819 1,442,927 Total assets 2,525,337 2,353,691 Total liabilities and equity 2,525,337 2,353,691 M Financial ratios Interest coverage (>3.0)(1) Debt to equity ratio (<1.5)(²) As of Dec 31st, 2020 As of Dec 31st, 2019 Credit ratings 9.92 0.79 12.11 Shares 0.63 Bonds Solvency Net financial debt / EBITDA (3) 0.40 0.40 Financial debt / capitalization (4) 0.27 0.19 Outlook 22 22 Fitch ICR Level 1 Level 1 AA+ AA+ AA+ AA+ Stable Stable (1) Financial covenant as EBITDA / Financial Cost (trailing 12 months); (2) Financial covenant as Total liabilities/ Total Equity; (3) EBITDA is equivalent to ORBDA (Adjusted Operating Result Before Depreciation and Amortization) used in the 20-F form; (4) Capitalization refers to financial debt plus total equity including minority interest.
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