Vina Concha Y Toro S.a.BCS: CONCHATORO

Investors Presentation 1Q26

· Issued by Vina Concha Y Toro S.a.

Results Presentation



V I Ñ A C O N C H A Y T O R O 2

01

Summary

Osvaldo Solar - CFO

02

1Q26 Sales Analysis

Daniela Lama - Head of IR

03

1Q26 Results

Osvaldo Solar - CFO

1Q26 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 bp

53.7%

)

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 1Q25

EXPLAINED 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 Wine

QUARTERLY 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 segnents

    QUARTERLY 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 Wine

193,

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 segnents

    QUARTERLY 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 Region

ONLY 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%)

THE TOP 5 COUNTRIES REPRESENT

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 Groups

    ONLY WINE

    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%

    1Q26 COMMENTS:
  • 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 REPRESENT

72.6%

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: Preniun

ONLY 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 Margin

QUARTERLY 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

EBITDA

QUARTERLY 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 Margin

QUARTERLY 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 diversification

1Q26

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)

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