Investor Presentaiton

Investing in core capabilities and increasing profitability in South Americal ARCACONTINENTAL MUCS Cooler Coverage (1) EBITDA / Sales MUCS Cooler Coverage (1) EBITDA / Sales MUCS Cooler Coverage (1) EBITDA / Sales 118 128 61% 18% 10% 21% 137 48% 18% 119 17% 24% 297 278 29% 21% 33% 18% 2008* 2017 2008* 2017 2008* 2017 2010* 2017 2010* 2017 2010* 2017 2015* 2017 2015* 2017 2015* 2017 *End of the year acquisition of each territory MUCS Million Unit Cases (!)Cooler Coverage - Percentage of points of sales with at least one cooler 21

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