Results Presentation
V I Ñ A C O N C H A Y T O R O 2
01
Summary
Osvaldo Solar - CFO02
1Q26 Sales Analysis
Daniela Lama - Head of IR03
1Q26 Results
Osvaldo Solar - CFO1Q26 Results Presentation
Index
1Q26 Results Presentation V I Ñ A C O N C H A Y T O R O 3
01
Summary
Osvaldo Solar - CFO
1Q26 Results Presentation V I Ñ A C O N C H A Y T O R O 4
Viña Concha y Toro delivered a quarter of disciplined execution, focused on profitability and value.
The Company made decisive progress in premiumization and portfolio rationalization,
reaching a 53.7% mix of Premium and
Superior wines, alongside improvements in pricing in local currency and greater efficiencies in costs and expenses.
53.7%
1Q26 Results Presentation V I Ñ A C O N C H A Y T O R O 5
1Q2C vs 1Q25 Sunnary
W I N E S A L E S
(7.9%)
up to CLP$ 178,000 M
(-7.8% consolidated sales)
P R E M I U M I Z A T I O N
58.1%
Wine Mix Portfolio P+I
(
+160 bp53.7%
)
Total Mix Portfolio P+I
+140 bp
G R O S S M A R G I N
E B I T D A M A R G I N
N E T M A R G I N
38.8%
(+20 bp)
Gross Profit reached
CLP$ 74,730 M (-7.3%)12.3%
(-240 bp)
EBITDA reached
CLP$ 23,758 M (-22.9%)4.6%
(-200 bp)
Net Income reached
CLP$ 8,77G M (-36.3%)M = Million
1Q26 Results Presentation V I Ñ A C O N C H A Y T O R O 6
02
1Q26 Sales Analysis
Daniela Lama - Head of IR
1Q26 Results Presentation V I Ñ A C O N C H A Y T O R O 7
7.8% drop in Consolidated Sales vs 1Q25EXPLAINED BY VOLUME/MIX AND EXCHANGE RATE (FX) EFFECT
(MILLIONS OF CLP$)
208,978
(13,396)
(2,619)
(351)
,613
1G2
CONSOLIDATED SALES 1Q25
VOLUME/MIX EFFECT
FX SALES EFFECT
OTHERS
CONSOLIDATED SALES 1Q26
1Q26 Results Presentation V I Ñ A C O N C H A Y T O R O 8
Sales per Volune - Only WineQUARTERLY DEVELOPMENT
(THOUSANDS OF 9LC)
5,851
1Q25
1Q26
9
6,27
7,915
7,758
7,705
7,581
5,851
6,279
6,476
8,386
8,611
(6.8%)
VAR vs 1Q25
2026
2025
1Q 2Q 3Q 4Q
1Q26 CONCLUSIONS:• +0.2% in Premium and Superior segments
-11.1% in Varietal and Inferior segments
2024
2025
2026
1Q26 Results Presentation V I Ñ A C O N C H A Y T O R O G
Sales per Volune - Preniun and Superior segnentsQUARTERLY DEVELOPMENT
(THOUSANDS OF 9LC)
2,358
2,364
1Q25
1Q26
2,358
2,228
2,364
4
2,77
2,806
2,910
73
2,8
3,353
3,430
+0.2%
VAR vs 1Q25
2026
2025
1Q 2Q 3Q 4Q
2024
2025
2026
1Q26 Results Presentation V I Ñ A C O N C H A Y T O R O 10
Sales per Value - Only Wine193, | 341 | |||||
178,0 | 00 | |||||
QUARTERLY DEVELOPMENT
(MILLIONS OF CLP$)
193,341
191,553
178,000
964
214,
,512
224
254,661
644
236,
624
233,
262,284
1Q 2Q 3Q 4Q
(7.9%)
2026
2025
1Q26
1Q25
VAR vs 1Q25
1Q26 CONCLUSIONS:-5.1% in Premium and Superior segments
-11.6% in Varietal and Inferior segments
2024
2025
2026
1Q26 Results Presentation V I Ñ A C O N C H A Y T O R O 11
Sales per Value - Preniun and Superior segnentsQUARTERLY DEVELOPMENT
(MILLIONS OF CLP$)
151,505
144,243
130,
830 132,
576
107,954
122
,795
118,
694
102,4G2
101,284
1Q 2Q 3Q 4Q
(5.1%)
VAR vs 1Q25
2026
2025
1Q25
1Q26
,4G2
102
954
107,
2024
2025
2026
1Q26 Results Presentation V I Ñ A C O N C H A Y T O R O 12
Quarterly perfornance by RegionONLY WINE
VAR % VALUE | 1Q25 | 2Q25 | 3Q25 | 4Q25 | 1Q26 |
EUROPE | (0.3%) | 8.1% | 10.9% | (1.1%) | (2.1%) |
AMERICA (EX-EE.UU.) | (4.1%) | 5.9% | 20.4% | 5.5% | 4.8% |
US | 8.7% | (8.8%) | 14.3% | (14.2%) | (32.2%) |
CHILE | 3.8% | 4.5% | 2.5% | 0.3% | (1.5%) |
ASIA, AFRICA, OTHERS | (0.7%) | 3.3% | (13.4%) | (13.5%) | (24.0%) |
75.1%
OF WINE VALUE AS OF 1 Q 26
1Q26 COMMENTS:Brazil and Mexico with growth in sales in both value and volume.
Of the twenty main wine sales markets, 6 grew at rates above 10%, 5 at rates between 0% and 10%, and 9 declined, the most significant being the U.S., UK, Japan, and the Netherlands.
1Q26 Results Presentation V I Ñ A C O N C H A Y T O R O
Quarterly perfornance by Main Brand GroupsONLY WINE
1Q26 COMMENTS:VAR % VOLUME
1Q25
2Q25
3Q25
4Q25
1Q26
CASILLERO DEL DIABLO UNIVERSE*
7.8%
2.2%
6.7%
(0.9%)
0.2%
TRIVENTO**
3.1%
(5.2%)
2.1%
(2.3%)
(1.G%)
BONTERRA**
21.4%
10.0%
3.0%
(19.5%)
(G.8%)
CONO SUR***
(19.6%)
5.4%
0.1%
0.5%
(2.7%)
FRONTERA
(13.2%)
(3.8%)
(4.2%)
(2.9%)
(25.5%)
RESERVADO
19.9%
8.8%
16.9%
11.0%
1.4%
Frontera's decline is mostly due to lower sales in the US.
(*): Includes Casillero del Diablo brands + line extensions + Diablo. (**): For Trivento and Bonterra, line extensions are also included. (***): For Cono Sur, the entire Cono Sur origin is included.
13
MAJOR BRANDS REPRESENT72.6%
OF WINE VOLUME
AS OF 1 Q 26
1Q26 Results Presentation V I Ñ A C O N C H A Y T O R O 14
1Q2C Mi: PreniunONLY WINE
+160 bp in mix principal + invest
(only wine)
56.6%
58.1%
+1C0 bp
1Q25 1Q26
PRINCIPAL + INVEST OTHERS
1Q26 Results Presentation V I Ñ A C O N C H A Y T O R O 15
03
1Q26 Results
Osvaldo Solar - CFO
1Q26 Results Presentation V I Ñ A C O N C H A Y T O R O 16
Operational Result (EBIT)QUARTERLY DEVELOPMENT
(MILLIONS OF CLP$)
39,311 | ||||
33, | 241 | |||
30, | 121 | 31,948 | ||
28 | ,161 | |||
21,511 21,479 | 25,65 | 4 | 23,760 | |
15,225 | ||||
1Q 2Q 3Q 4Q
(29.1%)
VAR vs 1Q25
2026
2025
21,479
15,225
1Q25
1Q26
2024
2025
2026
1Q26 Results Presentation V I Ñ A C O N C H A Y T O R O 17
EBIT MarginQUARTERLY DEVELOPMENT
10.4%
10.3%
7.G%
8.8%
11.8%
0%
11.
.5%
11
13.9%
0%
12.
0%
14.
10.3%
7.G%
1Q25
1Q26
(240 bp)
VAR vs 1Q25
2026
2025
1Q 2Q 3Q 4Q
2024
2025
2026
1Q26 Results Presentation V I Ñ A C O N C H A Y T O R O
EBITDAQUARTERLY DEVELOPMENT
23,758
1Q25
1Q26
818
30,
(MILLIONS OF CLP$)
50,996 | ||||
42, | 925 | |||
41, | 843 | 42,891 | ||
37, | 209 | |||
30,818 | 34, | 353 | ||
29,381 | ||||
23,758 | ||||
2025
1Q 2Q 3Q 4Q
18
(22.9%)
VAR vs 1Q25
2026
2024
2025
2026
EBITDA: Profit (loss) from operating activities + Depreciation & Amortization expenses
+ Write-offs.
1Q26 Results Presentation V I Ñ A C O N C H A Y T O R O 1G
EBITDA MarginQUARTERLY DEVELOPMENT
14.7%
14.3%
12.3%
15.9%
8%
14.
2%
15.
7%
16.
18.0%
1%
18.
12.3%
1Q25
1Q26
7%
14.
(240 bp)
VAR vs 1Q25
2026
2025
1Q 2Q 3Q 4Q
2024
2025
2026
1Q26 Results Presentation V I Ñ A C O N C H A Y T O R O
Currency diversification1Q26
1.8%
N O K
2.3%
S E K
2.8%
CAD
0.5%
A R G
7.6%
B R L
7.0%
MXN
1.9%
CNY
16.3%
CLP
21.5%
USD
31.6%
GBP 6.7%
EUR
20
EXCHANGE RATE VARIATION
1Q26 vs 1Q25
(1.7%)
CYT INDEX BASKET
USD: (7.3%)
EUR: 2.9%
LIBRA: (1.4%)
BRL: 3.1%
MXN: 7.2%
Currency diversification mitigates the
fluctuations of the dollar as a single currency.
Thanks to currency diversification, revenue
decreased only 1.7% compared to a single currency (USD) (-7.9%):
Effect of CLP$G,701 million on net income.
(Current basket CLP$-2,751 million vs single currency USD$-12,452 million)
