Philippine Seven Corporation · PSE:SEVN

Philippine Seven — Q1 2022 Earnings Presentation

19 slides from Philippine Seven's earnings presentation, June 2022

  1. Slide 1: Q1 2022 Investor Briefing

    PHILIPPINE SEVEN CORPORATION (SEVN) Q1 2022 Investor Briefing [email protected]

  2. Slide 2: A Global Brand

    A Global Brand Norway: 150 Sweden: 81 South Korea: 11,359 Canada: 615 United States: 13,232 China: 2,940 Denmark: 172 Japan: 21,301 Taiwan: 6,441 Mexico: 1,837 Vietnam: 66 78,000+ Philippines: 3,136 STORES Thailand: 13,253 WORLDWIDE Singapore: 455 Malaysia: 2,437 Australia: 720 *Store Counts as of M

  3. Slide 3: Global Recognition

    Global Recognition euiven Philippines; Kazuki Furuya, Chairman of SEJ; Richard Lee, Vice President Marketing & Operations 7-Eleven Philippines; Armi Cagasan, Division Head of Strategic Merchandising, 7-Eleven Philippines Global licensor 7-Eleven, Inc. (SEI) honors PSC with the award for Highest Same

  4. Slide 4: 3,000 Store Milestone

    3,000 Store Milestone th • On 7-11 day, July 11, we opened our 3,000th store in the Philippines located in Meycauayan, Bulacan • This is the pilot of our modular store concept made of prefabricated materials • We also relaunched our freshly brewed coffee brand City Cafe

  5. Slide 5: Shareholding Structure

    Shareholding Structure Present Agus Development Corp. 3% Ownership Structure Others-Foreign 13% Others-Filipino 3% As of March 31, 2022 % ownership Progressive Development Corp. 2% President Chain Store (Labuan) Holdings, Ltd 54.88% Asian Holdings Corp. Others-Foreign 12.62% 6% President Chain Store

  6. Slide 6: SEVN Share Information

    SEVN Share Information Price (May 31, 2022) Php 54.00 Hi/Low (YTD) Php 50.00 – Php 104.00 Free Float 30.4% Outstanding Shares 756.42 million Market Capitalization USD 780.0 million Listing Date Feb. 4, 1998 Dividend 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 Payment S

  7. Slide 7: Macro Environment

    Macro Environment Country FY FY 2021 Ql Q2 GDP 2020 2022 | 2022* GDP and SSSG = GDP = HHCE = SSSG Philippines -95% 5.6% 8.3% 7.0% 20.0% Si 5.4% 712% 34% 25% ingapore % 10.0% Vietnam 29% 23% 5.0% 3.0% 0.0% Indonesia -21% 32% 5.0% 3.6% 10.0% China 23% 8.1% 4.8% 4.0% Taiwan 31% 63% 31% 45% 20.0% Japan

  8. Slide 8: Store Network as of Mar. 31, 2022

    Store Network as of Mar. 31, 2022 7-Eleven By Location Store Count % Jan. 1 Opening Closure Mar. 31 Metro Manila 1,014 16 1 1,029 33% Luzon-ex MM 1,324 31 - 1,355 43% Visayas 436 12 1 447 14% Mindanao 299 9 3 305 10% Total 3,073 68 5 3,136 100% 2019 2020 2021 2022 Target + 300 new stores 7-Eleven 2,

  9. Slide 9: FY 2021 Financial Performance

    FY 2021 Financial Performance System-wide IFRS IFRS sales - P461.0 million P4.5 billion P47.2 billion + 9.8% - 4.2% + 1.8% Non-IFRS Non-IFRS Same-store sales - P52.7 million P2.4 billion - 4.6% - 148% - 11.3% SALES NET LOSS EBITDA 2,000.0 FY Net Income 5 Year Trend 1,500.0 1,000.0 500.0 - 112.2 (500

  10. Slide 10: Q1 2022 Financial Performance

    Q1 2022 Financial Performance System-wide IFRS IFRS sales P199.1 million P1.4 billion P13.6 billion - 166% + 60% + 22% Non-IFRS Non-IFRS Same-store sales P216.6 million P855 million + 16.1% - 237% + 112% SALES NET INCOME EBITDA Q1 Net Income 5 Year Trend 300.0 200.0 100.0 - (100.0) (200.0) 112.2 (30

  11. Slide 11: Earnings exceeded pre-COVID level

    Earnings exceeded pre-COVID level Q1 2022 Q1 2019 % Change Systemwide Sales 13,565.8 12,535.1 8.2% Pre-tax Income 265.7 160.9 65.1% Net Income 199.1 112.2 77.5% • In million PHP - 40% in customer count, + 60% in AT, 2022 vs 2019 112.2

  12. Slide 12: Sales rose 22% in Q1 driven by 16.1 growth in SSSG

    Sales rose 22% in Q1 driven by 16.1 growth in SSSG Improved mobility increased CC by 15% while AT was flat Systemwide Sales (in billion PhP) Same Store Sales Growth 56.3 16.1% 46.4 47.2 10.3% 6.8% +14% 2.5% +22% 2019 2020 2021 1Q 2019 1Q 2020 1Q 2021 1Q 2022 12.5 14.1 13.6 -4.6% 11.1 -18.4% -20.1% 2

  13. Slide 13: Balance Sheet as of March

    Balance Sheet as of March 31 Year 2018 2019 2020 ©2021 «2022 Balance Sheet Items 2019 2020 2021 2022 Balance Sheet Items 2019 2020 2021 2022 Cash and cash equivalents 2,570,158,648 6,069,355,011 —4,543,251,000 P5,516,006,974 Debt Ratio (Total Liabilities /... | 074 0.73 075 0.74 Accounts receivable

  14. Slide 14: 7B Cash Recycler ATM Rollout

    7B CASH RECYCLER • Innovative solution to 7E cash management requirements ATM ROLLOUT • Reduces cash handling risks and allows immediate usage of funds (1,550 ATMs as of • Enhances our value proposition and generates incremental revenue April) • To add at least 1,500 ATMs in 2022 and partner with ot

  15. Slide 15: New Store Concepts

    New Store Concepts • Store with co-branding alliance with Heineken • Convan store called Project Smol • First 7-Eleven store with drive-thru

  16. Slide 16: Wider product assortment

    HoTDoss 15 PCS. (1.25Kg) omy edo EB Wider product assortment ALSO AVAILABLE: FRY-YOUR-OWN PACKS

  17. Slide 17: Partnership with aggregators

    Partnership with aggregators

  18. Slide 18: Continuing franchise support and rental concession

    Continuing franchise support and rental concession

  19. Slide 19: Slide 19

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