Almacenes Exito Sa · BVC:EXITO
Almacenes Exito Sa — Grupo Éxito — Investor Presentation (2025)
36 slides from Almacenes Exito Sa's investor presentation, Oct 6, 2025
Slide 1: Corporate Presentation
Corporate Presentation “The Issuers Recognition -IR granted by the Colombian Stock Exchange is not a certification about the quality of the securities listed at the BVC nor the solvency of the issuer”.
Slide 2: Declaration
Declaration The following material is a General Background Presentation on Almacenes Éxito (the "Company"). The information contained herein is a summary and is not intended to be the complete information of the Company. This Presentation has been prepared for informational purposes only and should
Slide 3: Grupo Calleja: New controlling company of Grupo Éxito
Grupo Calleja: New controlling company of Grupo Éxito 3
Slide 4: Grupo Calleja takes control of Grupo Éxito
Grupo Calleja takes control of Grupo Éxito Floating Distribution: BVC 13.2% Aspectos clave de Grupo Calleja en El Salvador ✓ One of the largest companies in El Salvador (+11 thousand employees) ✓ More than 70 years of experience ✓ El Salvador's food retail leader (operating under the Super Selectos
Slide 5: Ownership Structure
Ownership Structure 5 Nota: Estructura de propiedad a Mayo 31 de 2025
Slide 6: Corporate Strategy Update
ee exto Corporate Strategy Update
Slide 7: Management Team
Management Team Juan Carlos Calleja President of Grupo Éxito Carlos Mario Giraldo Jean Christophe Tijeras Ramón Quagliata General Manager General Manager General Manager Colombia Uruguay Argentina 7
Slide 8: Long-term strategic pillars
Long-term strategic pillars Main objectives and drivers of value creation Customer-centric strategy Differentiated value Omnichannel Experience ◼ Increase the product assortment / portfolio ◼ Leading digital food sales of "unbeatable" ◼ Create competitive advantages to better ◼ Specific offers and d
Slide 9: Initiatives to meet challenges and drive results
Initiatives to meet challenges and drive results Reality Challenges • High interest rates affect consumer credit, TUYA and non-food results • Still-high inflation reduces household spending and affects the company's • The most relevant transaction in terms of spending structure contribution to resul
Slide 10: Grupo Éxito: Key facts
Grupo Éxito: Key facts 10 10
Slide 11: Grupo Éxito: solid retail platform in South America
Grupo Éxito: solid retail platform in South America Colombia 1Q25 +2.6% +4.7% SSS Sales 488 Revenue Growth Stores +3.9% +5.6% 5.7% SSS1 Sales +28.4% +114 bps Revenue Growth1 Recurring EBITDA EBITDA Margin +24.7% 6.9% +114 bps Recurring EBITDA1 EBITDA Margin Argentina Uruguay +18.9% +18.5% 92 +5.3% +
Slide 12: Consolidated highlights
Record Net Income during 1Q25 driven by operational performance mainly in Colombia and Uruguay Consolidated highlights1 Revenues breakdown by Country Key Highlights 3.9% • Net result in 1Q25 of COP $93,147 M from COP -$37,863 in the basis: Excl. FX o Operational performance improvement 5.4 Bn o Lowe
Slide 13: Colombia Sales
Gradual recovery in sales performance boosted by non-food Colombia Sales category performance Omnichannel 1Q25 Omni-channel sales and share on sales Net Sales SSS 13.6% 13.6% COP $3.8 B +4.7% (+2.9% vs 1Q24 ) +1.9% +5.5% Non-Food Food category category 524,916 512,168 Share on Net Sales Low-cost 70%
Slide 14: Country Brand Segmentation
Country Brand Segmentation Coverage of the population pyramid Premium Medio Bajo Segmentación por país 14
Slide 15: Grupo Éxito Ecosystem
Grupo Éxito Ecosystem Leading retail through innovation and business integration into a global ecosystem with great synergies #1 loyalty coalition in Colombia +200 #1 Shopping allied brands, +7.0 M customers Mall Operator in Colombia Multi-brand and multi-format #3 Real Estate Operator in Argentina
Slide 16: Retail, private label and complementary business segments
Retail, private label and complementary business segments Colombia 16 16
Slide 17: Complementary businesses: Creation and shared value
Complementary businesses Creation and shared value F i n an c i al R e tai l Lo ya l ty 8.0M Improved NPL30 Clients with habeas data (-591 pbs vs 1Q24) (+13% vs. 1Q24) +10,800M $1.9B Redeemed points Outstanding Loan Portfolio (+6% vs. 1Q24) 5,761 1.3 M AAA rating Granted for 15 straight years by All
Slide 18: Complementary Businesses: Real Estate Business, Viva Malls
Complementary Businesses Creation and shared value R e al E st ate Bu s i n e s s Vi va Mal l s 2 • 17 assets • +580,000 sqm of GLA (72% share) • 98.5% occupancy rate Guaranteed income from leases and stable cash flow In MCOP 1Q25 1Q24 %Var Net Revenue 116,249 99,882 16.4% +807,000 sqm of GLA Occupa
Slide 19: International Operations
International Operations 19
Slide 20: International Operations: Uruguay
International Operations: Uruguay 1Q25 Focused on the summer season and profitability Net Sales +11.3%1 COP $1.1 B Omnichannel growth ( +5.2%1 vs 1Q24) 2 Stores intervened over than 50% sales area extended +4.6%1 +9.3%1 Non-Food Food category category +36.5% sales evolution since implementation Shar
Slide 21: International Operations: Argentina
International Operations: Argentina Key actions 2 Strategic stores aiming to increase sales per sqm as optimization of retail premises area 3 underperforming stores closed of mini- wholesale formats SG&A initiatives o Operational excellence initiatives implemented o Payment methods renegotiations o
Slide 22: Sustainability strategy
Sustainability strategy 22
Slide 23: ESG Strategy
ESG Strategy Six pillars with clear purposes, strategic focus and contribution, aligned with the Sustainable Development Goals Zero Malnutrition Sustainable Trade Through the “Cultivando Oportunidades” program, we • 17,364 children benefited in nutrition and purchase locally: complementary programs.
Slide 24: Annexes
Annexes ext)
Slide 25: Glosario y Notas
Glosario y Notas Notes: • The numbers are expressed on a long scale, one billion pesos represent 1,000,000,000,000. • Growth and variations are expressed with respect to the same period of the previous year, unless otherwise indicated. • Sums and percentages may reflect discrepancies due to rounding
Slide 26: 2Q25 Financial Information
2Q25 Financial Information 26
Slide 27: Consolidated Income Statement
Consolidated Income Statement in COP M 1Q25 1Q24 %Var Retail Sales 5,164,589 5,036,104 2.6% Other Revenue 240,053 239,035 0.4% Net Revenue 5,404,642 5,275,139 2.5% Cos t of Sales (3,993,835) (3,927,350) 1.7% Cos t D&A (28,034) (25,836) 8.5% Gross Profit 1,382,773 1,321,953 4.6% GrossMargin 25.6% 25
Slide 28: Income Statement and CapEx by Country
Income Statement and CapEx by Country Income Statement Colombia Uruguay Argentina Consol in COP M 1Q25 1Q25 1Q25 1Q25 Retail Sales 3,810,579 1,054,369 299,641 5,164,589 Other Revenue 213,728 9,144 17,181 240,053 Net Revenue 4,024,307 1,063,513 316,822 5,404,642 Cost of Sales (3,122,064) (655,564) (2
Slide 29: Consolidated Balance Sheet
Consolidated Balance Sheet in COP M Mar 2025 Dec 2024 Var % in COP M Mar 2025 Dec 2024 Var % Assets 16,924,670 17,554,555 (3.6%) Liabilities 8,874,174 9,539,043 (7.0%) Current assets 4,944,078 5,456,605 (9.4%) Current liabilities 6,598,295 7,197,560 (8.3%) Cash & Cash Equivalents 985,557 1,345,710 (
Slide 30: Consolidated Cash Flow
Consolidated Cash Flow in COP M Mar 2025 Mar 2024 Var % Profit 127,724 (7,980) N/A Operating income before changes in working capital 356,438 296,563 20.2% Cash Net (used in) Operating Activities (67,291) (737,962) (90.9%) Cash Net (used in) Investment Activities (38,760) (146,892) (73.6%) Cash net
Slide 31: Holding Income Statement
Holding Income Statement1 in COP M 1Q25 1Q24 %Var Retail Sales 3,815,007 3,708,489 2.9% Other Revenue 101,371 126,101 (19.6%) Net Revenue 3,916,378 3,834,590 2.1% Cost of Sales (3,119,101) (3,049,288) 2.3% Cost D&A (24,799) (23,648) 4.9% Gross profit 772,478 761,654 1.4% GrossMarg in .7% 9 1 .% 9 1
Slide 32: Holding Balance Sheet
Holding Balance Sheet1 in COP M Mar 2025 Dec 2024 Var % in COP M Mar 2025 Dec 2024 Var % Assets 13,590,149 13,904,222 (2.3%) Liabilities 6,858,973 7,215,710 (4.9%) Current assets 3,643,564 3,971,573 (8.3%) Current liabilities 5,265,925 5,591,365 (5.8%) Cash & Cash Equivalents 513,925 856,675 (40.0%)
Slide 33: Debt by country and maturity
Debt by country and maturity Net debt breakdown by country 31 Mar 2025, (mi l lions of COP) Hol ding (2) Col ombia Uruguay Argentina Consolidated Short-term debt 1,619,173 1,524,446 345,553 109,140 1,979,139 Long -term debt 117,682 117,683 138,018 - 255,701 Total gross de bt (1) (2) 1,736,855 1,642,
Slide 34: Store number and Retail Sales area
Store number and Retail Sales area Banner by country Store number Sales area (sqm) Colombia Exito 201 625,781 Carulla 134 97,890 Surtimax 55 20,356 Super Inter 42 39,827 Surtimayorista 56 50,143 Total Colombia 488 833,997 Uruguay Devoto 58 39,197 Disco 31 36,067 Geant 2 15,986 Six or Less 1 352 Tota
Slide 35: Laura Botero Morales
Laura Botero Morales Investor Relations Director [email protected] www.grupoexito.com.co [email protected]
Slide 36: Slide 36