Quiñenco (QUINENCO) Investor presentation summary

Ownership structure and portfolio

• Holds 65% of Antofagasta PLC and 83% of Luksic Group, with a diversified portfolio across mining, industrial, and financial services, operating in 140 countries and managing $112 billion in assets as of December 2025.

• Net asset value stands at $10.7 billion and market capitalization at $7.3 billion as of March and May 2026, respectively.

• Portfolio includes Banco de Chile, CCU, Hapag-Lloyd, SM SAAM, and Enex, with significant market positions in banking, beverages, shipping, port services, and energy.

Financial performance and structure

• Achieved a 9.5% average annual compound growth in NAV over 22 years, reaching $10.7 billion in March 2026.

• Maintains a conservative financial structure with 84% equity and low net corporate debt, reporting net debt of -$914 million as of March 2026.

• Paid out 100% of 2025 net income as dividends, totaling approximately Ch$680 billion.

• Dividend yield for the 12 months ending March 2026 was 7.0%.

Recent events and strategic moves

• Leadership changes include the appointment of Macario Valdés as CEO and Andrónico Luksic Lederer as Vice Chairman in early 2026.

• Sold a 5% stake in Nexans for $310 million in February 2026, reducing its holding to 4.1%.

• Increased stake in SM SAAM to 66% and completed the acquisition of the remaining 30% of Intertug for $30.5 million.

• Hapag-Lloyd agreed to acquire ZIM for over $4 billion, consolidating its position as the fifth largest container shipping liner globally.

• CCU acquired the remaining 49.9% of Aguas CCU-Nestlé, reaching full ownership.