Exhibit (a)(1)(E)
CASH OFFER
(the “Offer”)
for
up to 16,390,172 Outstanding Shares of Common Stock (including those represented by American Depositary Shares (each representing 2 Shares of Common Stock))
of
COMPAÑÍA CERVECERÍAS UNIDAS S.A.
(UNITED BREWERIES COMPANY, INC.)
at a Tender Offer Price of
Ch$6,800 Per Share of Common Stock
(equivalent to Ch$13,600 per American Depositary Share (each representing 2 Shares of Common Stock)),
without any interest, and less applicable withholding taxes and certain fees, as further described below and in the Offer to Purchase (as defined below)
by
INVERSIONES Y RENTAS S.A.
THE PERIOD FOR TENDERING ADSs HELD THROUGH
THE DEPOSITORY TRUST COMPANY (“DTC”) IN THE OFFER
WILL BEGIN ON MAY 19, 2021 AND
WILL EXPIRE AT
3:30 P.M. (NEW YORK TIME) ON JUNE 17, 2021,
UNLESS THE OFFER IS EXTENDED OR EARLIER TERMINATED (THE “EXPIRATION DATE”).
THE TENDER WITHDRAWAL RIGHTS IN RESPECT OF ADSs TENDERED WITH THE ADS
TENDER AGENT WILL EXPIRE AT 3:30 P.M., NEW YORK CITY TIME, ON JUNE 17, 2021,
UNLESS THE EXPIRATION DATE IS EXTENDED OR EARLIER TERMINATED.
ADSs TENDERED ON OR PRIOR TO THE EXPIRATION OF THE EXPIRATION DATE MAY NOT
BE WITHDRAWN EXCEPT AS DESCRIBED IN THE OFFER TO PURCHASE
To Brokers, Dealers, Commercial Banks, Trust Companies and Other Nominees for whose accounts you hold ADSs (as defined below):
Inversiones y Rentas S.A. (“IRSA”), is making an offer (the “Offer”) for up to 16,390,172 issued and outstanding shares of common stock, no par value, of Compañía Cervecerías Unidas S.A., an open stock corporation (sociedad anónima abierta) organized under the laws of the Republic of Chile (“CCU”) with tax identification number (rol único tributario) 90,413,000-1 (the “Shares” and each a “Share”), from all holders, wherever located, and whether they currently hold such Shares in the form of Shares or American Depositary Shares (the “ADSs,” and each an “ADS”) of CCU (each representing two (2) Shares), at a purchase price of Ch$6,800 per Share (equivalent to Ch$13,600 per ADS), in cash, without interest (the “Tender Offer Price”), upon the terms and subject to the conditions set forth in the enclosed Offer to Purchase, dated May 19, 2021 (the “Offer to Purchase”). The Offer is conducted in accordance with applicable United States securities laws and the 5th paragraph of Article 198 of Chilean Law No. 18,045. The Offer will be settled in the Bolsa de Comercio de Santiago, Bolsa de Valores by delivery of the Shares to the Chilean Share Tender Agent (as defined in the Offer to Purchase) against payment of the Tender Offer Price. The Tender Offer Price for the Shares represented by ADSs tendered to the ADS Tender Agent that are accepted for payment pursuant to the Offer will be paid by IRSA in Chilean pesos. However, IRSA has directed the U.S. Settlement Agent (as defined in the Offer to Purchase) to coordinate with the FX Agent (as defined in the Offer to Purchase) for the U.S. dollar conversion of the Tender Offer Price payable to holders of ADSs that are tendered to the ADS Tender Agent, upon instruction of the ADS Tender Agent and for the account of holders who tender their ADSs to the ADS Tender Agent. As a result, holders of Shares represented by ADSs tendered to the ADS Tender Agent that are accepted for payment pursuant to the Offer will receive payment in United States dollars converted at the ADS Tender Offer Price