Operator

Ladies and gentlemen, good day, everyone, and welcome to CCU's First Quarter 2026 Earnings Conference Call on the 7th of May 2026. Please note that today's conference call is being recorded.

I would now like to turn the line over to Mr. Claudio Las Heras, Head of Investor Relations. Please go ahead, sir.

Claudio Heras
Head of Investor Relations

Welcome, and thank you for attending CCU's first quarter 2026 conference call.

Today with me are Mr. Felipe Dubernet, Chief Financial Officer; Mr. [ Diego Mier y Terán ], Financial Planning and Investor Relations Manager; and Mrs. Carolina Burgos, Senior Investor Relations Analyst.

You have received a copy of the company's consolidated first quarter 2026 earnings release. The call, as usual, will start by reviewing our overall results, and then we will move on to a Q&A session.

Before we begin, please take note of the following statements. The statements that we will make in this call that relate to CCU's future financial results are forward-looking statements, which, of course, involve known and unknown risks and uncertainties that could cause actual performance or results to materially differ. These statements should be taken in conjunction with the additional information about risks and uncertainties set forth in CCU's annual report and in Form 20-F recently filed with the U.S. Securities and Exchange Commission and quarterly report that's also available on the CMF and our website.

It's now my pleasure to introduce our CFO, Mr. Felipe Dubernet.