Chile: CCU announced a change in its board of directors

Compañía Cervecerías Unidas S.A. (CCU) informed on June 8 the resignation of Mr. Alejandro Strauch, Member of CCU’s Board of Directors.

The Board of Directors, in its meeting held on June 7, acknowledged the resignation of Mr. Alejandro Strauch as Member of the Board of Directors, and therefore as member of the Audit Committee and Directors Committee. The Board appointed Mr. Chris Barrow as Board Member in his place, until the next General Shareholder’s Meeting.

Additionally, the Board renewed the Directors Committee, appointing Messrs. Jorge Carey, Philippe Pasquet and Francisco Pérez as members. The Board also resolved that the Audit Committee be composed of three members, Messrs. Jorge Carey, Giorgio Maschietto and Carlos Olivos, all of them independent according to Sarbanes- Oxley Act.

CCU is a diversified beverage company operating principally in Chile and Argentina. CCU is the largest Chilean brewer, the second-largest Argentine brewer, the thirdlargest Chilean soft drink producer, the second-largest Chilean wine producer, the largest Chilean mineral water producer, one of the largest pisco producer and also participates in the confectionary industry in Chile. The Company has licensing and/or joint venture arrangements with Heineken Brouwerijen B.V., Anheuser-Busch Incorporated, PepsiCo Inc., Paulaner Brauerei AG, Schweppes Holdings Limited, Guinness Brewing Worldwide Limited and Watt’s Alimentos S.A.

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