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Investor Presentaiton

20 PERFORMANCE OVERVIEW ૐ CCU Short-term performance: Consolidated quarterly results Consolidated (mIn CLP) 4Q20 4Q19 A% YTD 2020 YTD 2019 A% Volume (Th HL) Net Sales EBIT(1) EBITDA (2) 10,148 9,178 10.6% 30,693 30,032 2.2% 599,629 578,072 3.7% 1,857,594 1,822,541 1.9% 99,356 92,289 7.7% 186,591 230,808 (19.2)% 126,535 119,765 5.7% 296,405 335,829 (11.7)% EBITDA margin (2) 21.1% 20.7% 38 bps 16.0% 18.4% (247) bps M Net Income 55,043 54,959 0.2% 96,152 130,142 (26.1)% (1) EBIT, also referred to as Adjusted Operating Result, is defined as Net Income before other gains (losses), net financial expense, equity and income of joint ventures, foreign currency exchange differences, result as per adjustment units and income taxes; (2) EBITDA is equivalent to ORBDA (Adjusted Operating Result Before Depreciation & Amortization) used in the Form 20-F.
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