Philippine Seven Corporation · PSE:SEVN

Philippine Seven — Q1 2021 Earnings Presentation

23 slides from Philippine Seven's earnings presentation, Jun 21, 2021

  1. Slide 1: Q1 2021 Investor Briefing

    PHILIPPINE SEVEN CORPORATION (SEVN) Q1 2021 Investor Briefing www.7-eleven.com.ph [email protected]

  2. Slide 2: Contents

    Contents Company Update Financial Performance Review COVID Response

  3. Slide 3: Company Update

    Company Update 2 PHILIPPINE SEVEN CORPORATION

  4. Slide 4: A Global Brand

    A Global Brand Norway: 151 Sweden: 84 South Korea: 10,650 Canada: 628 United States: 9,585 China: 3,476 Denmark: 173 Japan: 21,143 Taiwan: 6,132 Mexico: 1,814 Vietnam: 53 UAE: 11 73,000+ Philippines: 2,981 STORES Thailand: 12,587 WORLDWIDE Singapore: 429 Malaysia: 2,410 Australia: 711 *Store Counts

  5. Slide 5: Global Recognition

    Global Recognition sev fes rugen op — ° ff WO: “f Vi y re (P 4 WE Pictured left to right: Jackie Lai, Marketing Director 7-Eleven Philippines; Kazuki Furuya, Chairman of SEJ; Richard Lee, Vice President Marketing & Operations 7-Eleven Philippines; Armi Cagasan, Division Head of Strategic Merchandisi

  6. Slide 6: GDP contraction softens while inflation rises beyond target

    GDP contraction softens while inflation rises beyond target a. GDP contraction worse compared with other ASEAN countries. b. Attributed to longest lockdown with fewest stimulus. c. Delay in vaccine roll-out also contributed to slower than expected recovery.

  7. Slide 7: Market Performance

    Market Performance * Nielsen General Performance Update YTD Feb. 2021 a. All formats registered sales decline. b. Customers prefer buying in traditional channels since it is closer to home and people tend to prepare their own food at home for safety reasons. c. Cut down on OH spending continues both

  8. Slide 8: Store Network – Q1 2021

    Store Network – Q1 2021 7-Eleven By Location Store Count % Jan. 1 Net movement Mar. 31 Metro Manila 1,010 -11 999 34% Luzon-ex MM 1,251 10 1,261 42% Visayas 432 2 434 14% Mindanao 285 2 287 10% Total 2,978 3 2,981 100% As of Mar. 31, 2021 Q1 2021 Store Count 2,981 463 74 1,070* 62 100 SSSG -20% -33%

  9. Slide 9: Lockdown Measures

    Lockdown Measures All Stores % Change PSD Sales -19% Ave CC -41% Ave Trans +38% Basket Size +21%

  10. Slide 10: New Store Concepts

    New Store Concepts

  11. Slide 11: Financial Performance

    Financial Performance 2 PHILIPPINE SEVEN CORPORATION

  12. Slide 12: SEVN Share Information

    SEVN Share Information Price (Feb. 26, 2021) Php 98.00 Hi/Low (1Y) Php 98.00 – Php 155.00 Free Float 33.1% or 250.5 million shares Outstanding Shares 756.4 million Market Capitalization USD 1.52 billion Listing Date Feb. 4, 1998 Dividend 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 20

  13. Slide 13: FY 2020 Financial Performance

    FY 2020 Financial Performance System-wide IFRS IFRS sales - P419.7 million P4.7 billion P46.4 billion - 129% - 30% - 18% Non-IFRS Non-IFRS Same-store sales P108.8 million P2.8 billion - 18.4% - 94% - 45% SALES NET INCOME (LOSS) EBITDA FY Net Income 5 Year Trend 2,000.0 1,500.0 1,000.0 500.0 - 112.2

  14. Slide 14: Q1 2021 Financial Performance

    Q1 2021 Financial Performance System-wide IFRS IFRS sales -P300.0 million P872.2 million P11.1 billion - 389% - 36% - 21% Non-IFRS Non-IFRS Same-store sales -P122.0 million P363.0 million - 20.1% - 142% - 59% SALES NET INCOME EBITDA Q1 Net Income 5 Year Trend 300.0 200.0 100.0 - (100.0) (200.0) 112.

  15. Slide 15: Balance Sheet and Cash Flow Highlights

    Balance Sheet and Cash Flow Highlights FY 2020 FY 2019 % Change Cash 5,137 4,625 11.1% Current Assets 13,897 12,703 9.4% Total Assets 29,749 29,674 0.3% Loans 2,163 559 287.1% Total Liabilities 22,395 21,636 3.5% Equity 7,354 8,038 -8.5% BV per Share 9.71 10.62 -8.5% Operating Cashflow 2,660 8,190 -

  16. Slide 16: 7B ATM Opportunities

    • Innovative solution to 7E cash management requirements 7B ATM • Reduces cash handling risks and allows immediate usage of funds OPPORTUNITIES • Enhances our value proposition and generates incremental revenue

  17. Slide 17: COVID Response

    COVID Response 2 PHILIPPINE SEVEN CORPORATION

  18. Slide 18: Wider product assortment

    Wider product assortment ALSO AVAILABLE: FRY-YOUR-OWN PACKS

  19. Slide 19: Partnership with aggregators

    Partnership with aggregators

  20. Slide 20: Launch of franchise support and rental concession efforts

    Launch of franchise support and rental concession efforts

  21. Slide 21: Implementation of health and safety standards

    Implementation of health and safety standards

  22. Slide 22: Collaboration with government on CSR

    Collaboration with government on CSR

  23. Slide 23: Slide 23

Philippine Seven — Q1 2021 Earnings Presentation on 6ix