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Investor Presentaiton

12 1 CCU OVERVIEW CCU Proven track record for inorganic growth and alliances Over the last 25 years successfully executing strategic M&A transactions (1) Diversification from a Beer based company into a multi-category branded beverage company 1994 SAN PEDRO Entered in the wine business 2006 WINE OF CHILE Watts JV with Watt's S.A pepsi Started producing PepsiCo brands under license Nestle 2007 Pure Life Agreement with Nestlé Waters S.A. 2013 2014 1995 Salta Entered the Argentine beer market 2008 ...das gute Bier brewery 2000 CERVEZA AUSTRAL PATAGONIA CERVEZA CCU acquired 50% of Cervecería Austral 2002 kunstmann. Acquisition of 50% of Kunstmann Imperial Expansion of the beer business in Argentina by the acquisition of ICSA vspt.wine.group Merger of Viña San Pedro & Viña Tarapacá 2016 2010 LA VICTORIA Entered the Cider category in Argentina 1888 Real 2018 2003 Heineken Heineken became part of CCU's property 2011 Pernod Ricard Pernod Ricard distribution 2019 PISQUERA 2005 DE CHILE SA CCU-CONTROL CCU created Compañía Pisquera de Chile S.A. MANANTIAL. 2012 es vida Acquisition of brands in Uruguay and 51% of Manantial S.A. (HOD) BEBIDAS DEL PARAGUAY SA CENTRAL CERVECERA OF COLOMBIA BBO SEAS BES Acquisition of brands in Paraguay and executed a capital increase of CLP 332 billions Acquisition of brands in Bolivia and started JV in Colombia Watts VIVO SPRIM Vivo Budweiser Agreement to expand the brand Watt's in the region Entered to Ready to mix category with powder juice Deal between CCU Argentina & ABI ....G GRAFFIGNA Andina and Natumalta were launched in Colombia. Acquisition of Bodega ANDINA San Juan in Argentina Investment criteria for inorganic growth Projects with high potential profitability in the medium run, with a possible limited dilutive short term effect; Projects that enable us to buy or potentially build relevant and large scale operations; Projects that enable us to keep developing multi-category; Projects with proprietary brands and/or long term license agreements with strategic partners; Projects that provide us competitive balance. (1) Some transactions occurred during more than one year, but they are presented as if they were executed in the first year.
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