2Q 2025 Investor Presentation

June 23, 2025

Company Overview

Migros

Türkiye's leading food retailer, offering a wide range of FMCG products and high quality fresh

produce

Omni-channel, multi-format retailer

Targeting to reach all households within 15 minutes

Core grocery business leveraged by meal delivery, financial services and retail media

Included in BIST indices: BIST 30 (Bluechip Index), Sustainability 25, Corporate Governance

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Migros

as of December 2024

With IAS 29

Total Revenue

TL 294 bn

USD 8.3 bn

EBITDA

TL 15.8 bn

USD 0.4 bn

5.4% margin

Total FMCG Market Share

9.8%

Store Network

3,621

Total retail space: 2 mn sqm

Online Leadership

18.5%

of total sales*

Number of Employees

~ 75,000

Number of Distribution Centers

73

Market Cap

USD 2.8 bn

* excl. alcohol & tobacco

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Migros is investing in the future of retail to enhance long-term growth & profitability

2024

Online grocery & meal delivery platform

Leader in online grocery, active in 81 cities

Scheduled / Ultra-fast delivery

orders

Last-mile delivery solution

7,500+ riders

700+ vehicle fleet

deliveries

Fintech financial solutions

E-wallet, BNPL, B2C, B2B

BNPL boosts Shopping frequency by 1.7x

Basket size by 1.6x

transactions

Migros' offline & online

retail media assets

Digital, Insight, Online, Instore, Content

25 bps

uplift in gross margin

Packed ready-to-eat meal production

Ready meals offering in

~700 stores

packed meals

Charging services for electric vehicles

EV charging stations

67,478 MWh

Generation*

* Capacity today

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