January 2019 QUIENCO AT A GLANCE OWNERSHIP STRUCTURE 17% Luksic - PowerPoint PPT Presentation

Investor Presentation January 2019

QUIÑENCO AT A GLANCE OWNERSHIP STRUCTURE 17% Luksic Minority Shareholders Group 83% (Chilean Stock Exchanges) 65% Industrial / Financial Services Market Mining Listed on London Capitalization Stock Exchange US$4.3 (1) billion (1) Market Capitalization as of December 31, 2018. 3

QUIÑENCO AT A GLANCE QUIÑENCO : KEY FIGURES Diversified business conglomerate with increasing presence worldwide AGGREGATE ANNUAL US$84 US$28 ASSETS UNDER REVENUES OF MAIN MANAGEMENT bln bln OPERATING COMPANIES 125 69 k 110 380 70 COUNTRIES JOBS PLANTS VESSELS PORTS The operating companies A fleet of more than 380 Quiñenco, through its main Quiñenco group companies An extensive network of manage more than 110 ships and tug boats. operating companies, has a employ more than 69 ports in America. beverage and cable plants. global presence across five thousand people in Chile continents. and abroad. 461 399 at 124,000 Chile BANK BEVERAGE SERVICE STATIONS BRANCHES SALES POINTS 4 Information as of December 31, 2017.

QUIÑENCO AT A GLANCE QUIÑENCO: MAIN OPERATING COMPANIES % Control as of September 2018 29.1% 2 25.9% 3 60.0% 51.3% 52.2% 100% Mkt.Cap 1 : Mkt.Cap 1 : Mkt.Cap 1 : Mkt.Cap 1 : Mkt.Cap 1 : US$ 880 mln 4 US$ 14.4 bln US$ 4.7 bln US$ 1.2 bln US$4.5 bln US$ 840 mln • • • • Leading full services No.1 Chilean beer Global leading Leading port, cargo • • Leading global liner No.2 retail bank in Chile producer French cable & shipping services shipping company, distributor of fuels manufacturer, company: port with a network of in Chile with 461 • • Jointly controlled One of the main with presence in concessions, tug 120 liner services service stations with Citigroup beverage 34 countries and boats, and logistics worldwide and 148 producers in Chile business activities convenience • throughout the One of the main stores • 2nd largest beer world port operators in producer in South America • Shell licensee in Argentina Chile • 4th largest tug • Jointly controlled boat company • Presence in with Heineken worldwide industrial segment Chile-Argentina-Bolivia 34 countries 125 countries 11 countries Colombia-Paraguay Chile Chile worldwide worldwide across America Uruguay-Peru (1) Market Capitalization as of December 31, 2018. (2) Corresponds to Invexans ’ and to Techpack ‘ s stake in Nexans as of September 30, (3) Ownership held by CSAV. As of September 30, 2018, 2018. Quiñenco ’ s stake in Invexans and Techpack was 98.7% and 99.97% Quiñenco controls 56.2% of CSAV and CSAV’s market cap respectively, as of September 30, 2018. Invexans ’ mar ket cap as of December 31, was US$1.0 bln . (4) Book value as of September 30, 2018. 5 2018, was US$182 million.

QUIÑENCO OVERVIEW QUIÑENCO: ONE OF CHILE ’S LARGEST BUSINESS CONGLOMERATES WITH STRONG FUNDAMENTALS Strong Commitment to Prestigious Controlling Sustainable Progress Shareholders Sound Financial Proven Track Record in Position Value Creation Diversified Chile risk with Dominant Market increasing International Positions Presence Controlling interest in its investments alongside world class partners 7

QUIÑENCO OVERVIEW Prestigious Controlling Shareholders LOCALLY AND INTERNATIONALLY WELL-KNOWN AND PRESTIGIOUS SHAREHOLDERS First Class Board and Management BOARD OF DIRECTORS SENIOR MANAGEMENT Francisco Pérez Mackenna Chief Executive Officer Rodrigo Hinzpeter Kirberg Chief Counsel Carolina García de la Huerta Aguirre Corporate Affairs and Communications Manager Diego Bacigalupo Aracena Business Development Manager Andrónico Luksic C. Jean-Paul Luksic F. Nicolás Luksic P. Andrónico Luksic L. Chairman Vice Chairman Director Director Luis Fernando Antúnez Bories Chief Financial Officer Andrea Tokman Ramos Chief Economist Alvaro Sapag Rajevic Sustainability Manager Pedro Marín Loyola Performance Control Manager and Internal Auditor Pilar Rodríguez Alday Investor Relations Manager Fernando Cañas B. Gonzalo Menéndez D. Hernán Büchi B. Matko Koljatic M. Davor Domitrovic Grubisic Director Director Director Director Head of Legal Oscar Henríquez Vignes General Accountant 8

QUIÑENCO OVERVIEW Proven Track Record in Value Creation OVER 50 YEARS OF HISTORY AND EXPERIENCE 1957 2011 2015 • Sociedad Forestal Quiñenco S.A. is created. • Quiñenco acquires a 20.6% stake in shipping • Quiñenco launches Tender Offer for 19.55% of company CSAV . Invexans , increasing its stake to 98.3%. • Empresas Lucchetti S.A. and Forestal Colcura • 1960 s Madeco signs agreement with Nexans and • Quiñenco increases its stake in CSAV to 55.2% S.A . are added to its scope of activities. increases its stake up to 19.86%. after subscribing capital increase. • Hoteles Carrera S.A. is added to Quiñenco. • Quiñenco acquires Shell’s assets in Chile. • CCU sells Natur and Calaf to Carozzi , and 1970 s • Acquisition of shares of Banco O ’ Higgins and establishes joint operation in powdered juices. of Banco de Santiago. • • SM SAAM adds TISUR port in Peru to its Quiñenco carries out capital increase of US$500 2012 portfolio. • million. Quiñenco increases stake in CSAV to Controlling shares of Madeco and of 1980 s 37.44%. • Compañía Cervecerías Unidas are acquired. HL carries out IPO raising US$300 million. • SAAM spin-off from CSAV in February. • The OHCH group is established, to later Quiñenco’s stake in SM SAAM is also 37.44% 1990 s • control Banco de Santiago in 1995. CCU increases stake to 100% in Manantial and 2016 Nutrabien, and acquires 51% of Sajonia Brewing • Quiñenco established as the financial and • Quiñenco reaches 65.9% stake in Madeco . Company SRL, craft beer producer in Paraguay. 2013 industrial parent company of the Group. • Madeco divided in Invexans and Techpack . • Quiñenco increases stake in SM SAAM to 52.2% • Quiñenco ’ s subsidiary VTR sells 100% of • Techpack sells flexible packaging business to Enex acquires Terpel for US$240 million. mobile phone company, Startel , to CTC , and Australian Amcor in net amount of MUS$216 for • sells VTR Hipercable. Quiñenco increases stake in CSAV to 46% and in Techpack . SM SAAM to 42.4%. • Quiñenco sells stake in OHCH , later acquiring • Quiñenco carries out Tender Offer for Techpack, • 51.2% of Banco de A. Edwards and 8% of Quiñenco capital increase of US$700 mln. withdrawal and purchase rights are exercised, Banco de Chile. and reaches 100% ownership. • Quiñenco buys a 14.3% stake in Entel S.A. • LQIF carries out a secondary offering selling 6.7 • Techpack acquires 0.53% stake in Nexans . 2014 • Quiñenco becomes the controller of bln shares, reducing stake in Bco Chile to 51%. Banco de Chile. • • CSAV and Hapag-Lloyd merge container ship SM SAAM acquires 51% of two concessions in 2017 businesses. CSAV’s initial 30% stake in HL Puerto Caldera, Costa Rica. • Banco Chile and Banco Edwards merge. 2000 s increases to 34% after capital increase at HL. • SM SAAM sells its 35% stake in Tramarsa (Peru) • Quiñenco divests Lucchetti Chile, then buys • SAAM starts joint operations with SMIT Boskalis for US$124 million. Calaf through joint-venture with CCU . in tugboats. • Hapag-Lloyd and UASC merge, becoming the 5th • Quiñenco buys 11.4% of Almacenes París , • Invexans and Nexans end agreement. largest container ship company worldwide. later sold off with profits. • • Techpack (ex-Madeco) acquires HYC Packaging Hapag-Lloyd and CSAV raise US$414 mln and • Banco de Chile and Citibank Chile merge. and sells Madeco brand to Nexans in US$1 mln. US$294 mln in capital increases. • Historical transaction between Madeco and • CCU and AB Inbev reach agreement to anticipate French cable producer Nexans . termination of Budweiser license in Argentina, in • Sale of Entel shares. transaction of up to US$400 million for CCU Argentina in three years. • Quiñenco divests Telsur . 2010 • CCU launches tender offer for VSPT and reaches • Citigroup exercises its options for 17.04% of 83% ownership. 9 LQIF , controlling entity of Banco de Chile , reaching 50% share.

QUIÑENCO OVERVIEW Proven Track Record in Value Creation VALUE CREATION SYSTEM Quiñenco has developed a value creation system through the professional management of its investments . . . Acquisition Restructuring Max. Profitability Divest/Retain Acquisitions of companies Restructuring and Develop and maximize • Enersis • Telefónica • Endesa del Sur administrative & profitability of business • Luchetti • O ’ Higgins operational improvements portfolio • Entel Central • Paris Hispano • Alusa • VTR • Startel 10