Recommendation Guidelines for the Election of Board Members

This Policy is consistent and therefore complements all the procedures and policies undertaken in the area of Corporate Governance of the Company, especially the Compendium of Policies and Procedures on Corporate Governance of Aguas Andinas S.A. (hereinafter the "Compendium").

This policy will be published on the Company's website as well as in the Annual Report and other relevant publications.

Aguas Andinas is a company committed, among other things, to best practices in the Corporate Governance area. In this context, the relevant governing bodies have prepared and approved the following Policy for the nomination of candidates for the Board of Directors, the purpose of which is to establish in general terms, the conditions and qualities that should be taken into consideration by the Company's shareholders in their nominations for the position of Director of Aguas Andinas when elections to the Board of Directors are scheduled.

This Policy seeks to reduce possible gender, social or cultural biases which may inhibit in some way the natural diversity of capabilities, visions, characteristics and conditions that should prevail in the company's board of directors, which allow it to strengthen and add value.

This Policy should be understood as a suggestion to shareholders, and it is expressly stated that it does not imply any type of restriction whatsoever for shareholders to nominate candidates to the Company's Board of Directors, who shall exercise their right with all the powers granted to them for this purpose by current legislation.

In view of the importance of the role of the Board of Directors for the Company, as well as the Company's commitment to respect and promote the principles against arbitrary discrimination in all areas, the Board of Directors of Aguas Andinas S.A. hereby declares its intention to recommend to its shareholders that the following principles be taken into consideration when nominating a candidate to the Board of Directors of the Company.

1.- The members of the Board of Directors must meet high standards in the exercise of their position and possess the appropriate skills and experience, always focused on adding value to the Company.

2.- A candidate for Director must be selected on the basis of his or her ability, experience and robustness, as well as his or her personal qualities; taking into consideration the exercising of a leadership role in their field of expertise, which can be translated into an efficient performance in the position.

3. A strategic vision should prevail, taking into account the context of our public utility business in a regulated environment.

4. The proposal of the person to be chosen should consider, among others, the following elements, with the purpose of including multiple visions that enrich the Company's viewpoint into the Board of Directors , by taking into consideration different perspectives that complement each other:

• presence of men and women;
• different ages, cultures, or nationalities, religious beliefs or political convictions;
• diversity and consequent complementarity in the education of its members, whether university or otherwise;
• different levels of expertise of its members;
• a variety of previous professional experiences in bodies that pursue different aims, which complement their future work.