Compania Cervecerias Unidas, S.A.

Good day, everyone, and welcome to CCU's second quarter of 2026, the earnings conference call on August 5, 2026. Please note that today's call is being recorded. After this time, at this time, I would like to turn the conference call to Claudio Alaceras, the head of event relations. Please go ahead, sir.

Welcome. And thank you for attending CCU's second quarter 2026 conference call. Today with me are Mr. Eduardo French-David, chief executive officer, Mr. Felipe Duvernet, chief financial officer, and Mr. Diego Munizar, financial planning and investor relations manager. You have received a copy of the company's consolidated second quarter 2026 earnings reading. As usual, the call will start by reviewing our overall results and then we will move on to a question and answer session. Before we begin, please take note of the following statements. The statements made in this call that relate to CCU's future financial results and forward-looking statements, which involve known and unknown risks and uncertainties that could costs our actual performance or results to materially differ. This statement should be taken in conjunction with the additional information about risks and uncertainties set forth in CCU's annual report submitted to the CMF and in our Form 20F filed with the U.S. Security and Exchange Commission, both documents available on our website. It is now my pleasure to introduce Our CEO, Mr. Eduardo French States.

Thank you very much, Claudio, and thank you all for joining us today. It is my pleasure to share with you our second-party 26 financial results. For the first time, a CEO of CCU, a company in which I have worked for more than 20 years, and I am proud to live at a time that we need to look to the future with the strength and Conviction that has always characterized us as we face a particularly challenging context. Nonetheless, we have always shown a longstanding track record of adaptability and for sure execution. Therefore, to continue successfully shaping our future, I would like to mention some relevant changes that we have defined. We have designed the strategy Vamos For Más, which is built on our four main pillars. First, the first pillar, increase our focus on businesses. The second one, boost operational synergies. The third one, act with greater agility. And fourth one, accelerate our transformation. These pillars are oriented to generate growth and to respond to the new demands and challenges of the market. To support this strategy, we will execute changes in our organizational structure as well as strengthening our internal processes and capabilities to remain at the cutting edge of new trends while enhancing our technological transformation.