Shareholders

Inversiones y Rentas S.A. (“IRSA”), the controlling shareholder of Compañía Cervecerías Unidas S.A. (“CCU S.A.”), is a corporation whose shareholders are Quiñenco S.A. and Heineken Chile SpA, each of which owns 50% of IRSA’s share capital. IRSA, directly and indirectly through its subsidiary Inversiones IRSA Limitada, owns 65.87% of the share capital of CCU S.A. 

The issued and paid shares of Quiñenco S.A. are owned 82.9% by Andsberg Inversiones SpA, Ruana Copper A.G., Agencia Chile, Inversiones Consolidadas Ltda. Inversiones Salta SpA, Inversiones Alaska Ltda., Inmobiliaria e Inversiones Río Claro S.A. and Inversiones Río Claro Ltda. The Luksburg Foundation indirectly holds 100% of the shares of Andsberg Inversiones SpA and 100% of the shares of Ruana Copper A.G. Chile Agency. 

Andrónico Luksic Craig (RUT 6.062.786-K) controls 100% of the shares of Inversiones Consolidadas Ltda. and Inversiones Alaska Ltda. Andrónico Luksic Craig’s family owns 100% of Inversiones Salta SpA. Inmobiliaria e Inversiones Río Claro S.A. and Inversiones Río Claro Ltda. are indirectly controlled by the Emian Foundation, in which the descendants of Guillermo Luksic Craig† (RUT 6.578.597-8) have an interest. There is no joint action agreement between Quiñenco S.A.’s controlling shareholders. Heineken Chile SpA is a Chilean joint stock company whose current controller is Heineken International B.V., a Dutch limited liability company, a subsidiary of Heineken N.V. The majority shareholder of Heineken N.V. is the Dutch company Heineken Holding N.V., a Dutch subsidiary of L’Arche Green N.V., which is a subsidiary of L’Arche Holdings B.V., the latter ultimately controlled by C.L. de Carvalho-Heineken. 

The members of the controller IRSA and its sole shareholders, Quiñenco S.A. and Heineken Chile SpA, entered into a Shareholders’ Agreement, filed with the Shareholders’ Registry of CCU S.A., which includes restrictions on their ability to acquire shares of CCU S.A. independently, which must, except for exceptions, be acquired by IRSA. This Shareholders’ Agreement also contemplates restrictions on the free disposal of IRSA shares by the afore-mentioned shareholders, considering preferential rights, among other matters.