Cencosud Shopping Sa · BCS:CENCOMALLS
Cencosud Shopping Sa — Investor Presentation (August 2025)
23 slides from Cencosud Shopping Sa's investor presentation, August 2025
Slide 1: Corporate Presentation
Corporate Presentation Corporate Presentation August 2025
Slide 2: About Cenco Malls
Corporate Presentation 01 About Cenco Malls
Slide 3: Cenco Malls at a Glance
Corporate Presentation 1.1 Cenco Malls at a Glance Who We Are? Cenco Malls is a leading shopping center operator and developer with a presence in Chile, Peru, and Colombia. Listed on the stock exchange since 2019, the Company manages 40 shopping centers, an office complex, and a land bank in Chile a
Slide 4: Geographic diversification with a value focus in Chile
Geographic diversification with a value Corporate Presentation 1.2 focus in Chile Best-in-class portfolio with presence in: CHILE: PERU: COLOMBIA: • 11 Shopping Centers, 22 Power • 2 Shopping Centers and 1 • 2 Shopping Centers Centers and the Great tower Power Center • 2 Power Centers Costanera Offi
Slide 5: Double-digit growth LTM
Corporate Presentation 1.3 Double-digit growth LTM Key Figures (1) LTM 2Q25 LTM 2Q24 Var. YoY +2,100 Stores Revenues (USD MM) 386 346 11.6% EBITDA (USD MM) Net Income 351 276 313 238 12.0% 15.7% 40 FFO (USD MM) 267 251 6.4% Shopping Centers GLA (sqm) 1,399,653 1,369,951 2.2% Occupancy Rate 98.5% 98.
Slide 6: Diversified GLA by Category, with a focus on Chile
Corporate Presentation 1.4 Diversified GLA by Category, with a focus on Chile ✓ The participation of essential GLA by Category (1) (June 2025) services predominates in shopping Vacant Entertainment centers (+27 bps YoY) Services, Offices and Hotel 1.5% 8.3% 8.5% ✓ The entertainment category has incr
Slide 7: Organizational Structure & Board of Directors
Corporate Presentation 1.5 Organizational Structure & Board of Directors (1) Organizational Structure Board of Directors Manfred Internal Audit Paulmann Manager CEO Claudio Rojas Sebastián Bellocchio* CFO Commercial Manager Peter Jaime Agustín Letelier* Felipe Castro* Paulmann Soler Operations Manag
Slide 8: Corporate Strategy
Corporate Presentation 02 Corporate Strategy
Slide 9: Efficient model built on a premium portfolio and stable cash flow generation
Efficient model built on a premium Corporate Presentation 2.1 portfolio and stable cash flow generation Strategy Based on 4 Pillars 1 • Customer Knowledge • Innovation • Entrepreneurship and Sustainability • Growth and Profitability Value Proposition 2 Standing out for its premium quality, strategic
Slide 10: Efficiency, anchors, and scale → leading profitability
Efficiency, anchors, and scale → leading Corporate Presentation 2.2 profitability 1 • Lean structure and shared services within Cencosud. • Common technology platform enabling standardization and innovation. Centralized and efficient • Operating synergies through framework agreements, single supplie
Slide 11: ESG execution with operational impact
ESG execution with operational impact Corporate Presentation 2.3 Corporate governance People • Effective board governance and risk management • Employees: safety, development, and a people- with strong oversight and controls. centered culture. • Ethics and compliance: code of conduct, training • Ten
Slide 12: Business Structure
Corporate Presentation 03 Business Structure
Slide 13: Efficient structure that translates into profitability
Efficient structure that Corporate Presentation 3.1 translates into profitability Income Statement (1) Gross Net Margin Margin 96.7% 73.1% • In the last 12 months, the Company recorded a 96.7% Gross Margin and a 110.1% Operating Margin (including asset revaluation), reinforcing Cenco Malls’ cost eff
Slide 14: Resilient Revenues Structure
Corporate Presentation 3.2 Resilient Revenues Structure Revenues Breakdown(1) Contract Duration 71.0% Fixed Rent 13.5% Variable Rent Other 10.3% 15.7% 4.1% 6.4% 2.9% 76.2% Under 2 Between Between Between Over 5 2 and 3 3 and 4 4 and 5 Occupancy 98.5% 71.0% ~10 years rate v+ 4 6 b p s v s Signed for
Slide 15: Key Metrics of the Asset Portfolio
Corporate Presentation 3.3 Key Metrics of the Asset Portfolio Participation By Third and Related Parties in Revenues and GLA Related Third Occupancy Rate (2) Visits (3) ('000) Chile 99.3% 127,941 80.0% Peru 89.0% 6,185 73.4% 67.5% Colombia 92.6% 1,281 63.8% 64.9% 58.5% Consolidated 98.5% 135,407 41.
Slide 16: Solid Financial Position
Corporate Presentation 3.4 Solid Financial Position June 2025 CLP MM USD MM (1) Total Assets 4,381,919 4,694 • The Company holds the healthiest Net Financial Debt/Adjusted EBITDA ratio in the industry (2). Equity 2,876,317 3,081 • 100% of the debt is contracted at a fixed interest Gross Financial De
Slide 17: Solid operating cash flow funding dividends and expansion
Corporate Presentation 3.5 Solid operating cash flow funding dividends and expansion Cash Position Evolution (1) (2) As of June 2025, the cash position closed at CLP 79,943 million, down 30.5% compared to December, mainly due to dividend payments of CLP 52,881 million and Capex of CLP 93,666 million
Slide 18: Expansion Plan
Corporate Presentation 04 Expansion Plan
Slide 19: Latest progress in the investment plan
Corporate Presentation 4.1 Latest progress in the investment plan Cenco Temuco Start of expansion works In June, construction began on the expansion project, which will add 16,700 sqm of GLA, marking a new stage in the development of the shopping center. Cenco Costanera New retail gallery and connec
Slide 20: Latest progress in the investment plan
Corporate Presentation 4.2 Latest progress in the investment plan Cenco Alto Las Condes Progress in gastronomic areas The structural works for the new food court has been completed, and tenant fit-outs have begun. Construction also started on the new Rincón Jumbo in the Mirador del Alto sector, whic
Slide 21: Latest progress in the investment plan
Corporate Presentation 4.3 Latest progress in the investment plan Cenco Rancagua Progress in permits and bidding process During the quarter, the expantion project obtained its Environmental Qualification Resolution. The project is currently in the bid review phase. The expansion will add 34,000 sqm
Slide 22: Disclaimer
Disclaimer The information contained in this presentation has Cenco Malls and its subsidiaries, directors, and been prepared by Cencosud Shopping S.A. employees accept no responsibility for any loss or (“Cenco Malls”) for informational purposes only. It damage that may arise from the use of this sho
Slide 23: Corporate Presentation
Corporate Presentation
Cencosud Shopping S.A. (Cenco Malls) — Investor Presentation (August 2025) on 6ix