Slide 1: Earnings Call First Quarter 2026
April 30, 2026 EARNINGS CALL FIRST QUARTER 2026 We feed a better tomorrow
Slide 2: Disclaimer
DISCLAIMER This presentation may contain financial or business projections regarding recent acquisitions, their financial or business impact, management expectations and objectives regarding such acquisitions and current management expectations on the operating and financial performance of The Compa
Slide 3: Topics
TOPICS HIGHLIGHTS 1 CONSOLIDATED OPERATING RESULTS 2 OPERATING RESULTS BY BUSINESS UNIT 3 LIQUIDITY AND BALANCE SHEET 4 GUIDANCE 5
Slide 4: Highlights
HIGHLIGHTS
Slide 5: M&A activity: Inka Crops closing and Flora spreads acquisition
HIGHLIGHTS M&A activity CLOSING OF INKA CROPS ACQUISITION – CONTROL ASSUMED EFFECTIVE MARCH 1, 2026; RESULTS FULLY CONSOLIDATED THEREAFTER POTENTIAL ACQUISITION OF FLORA FOOD GROUP’S SPREADS BUSINESS IN LATIN AMERICA – EXCLUDING OPERATIONS IN MEXICO AND BRAZIL 5
Slide 6: Potential acquisition of spreads businesses in Latin America
HIGHLIGHTS Potential acquisition of spreads businesses in Latin America WE HAVE SIGNED AN Total 2025E revenue: USD ~110 million AGREEMENT TO POTENTIALLY Main brands to be transferred: ACQUIRE 100% OF Robust portfolio of leading brands operating in tiers 1 and 2 of the category FLORA’S LATAM OPERATIO
Slide 7: Consolidated Operating Results
CONSOLIDATED OPERATING RESULTS
Slide 8: Adjusted gross profit Q1 '26
CONSOLIDATED OPERATING RESULTS Adjusted gross profit – Q1 ‘26 PERFORMANCE SUMMARY – ADJUSTED GROSS PROFIT1 PEN million ADJUSTED GROSS PROFIT INCREASED 594 +8.5% 645 MAINLY DRIVEN BY +5.4% HIGHER SALES 17 57 VOLUME ACROSS -2 791 -32 MOST OF OUR 750 BUSINESS UNITS 26.5% 27.0% PARTIALLY OFFSET BY CHALL
Slide 9: Adjusted EBITDA Q1 '26
CONSOLIDATED OPERATING RESULTS Adjusted EBITDA – Q1 ‘26 PERFORMANCE SUMMARY – ADJUSTED EBITDA1 PEN million ADJUSTED EBITDA 594 +8.5% 645 GREW DRIVEN BY HIGHER ADJUSTED +5.5% GROSS PROFIT 43 4 10 WHILE ADJUSTED -28 459 EBITDA MARGIN 435 -5 REMAINED BROADLY 15.4% 15.7% STABLE REFLECTING EFFICIENT EXPE
Slide 10: Operating Results by Business Unit
OPERATING RESULTS BY BUSINESS UNIT
Slide 11: Consumer Goods Peru and Alicorp Soluciones
OPERATING RESULTS BY BUSINESS UNIT1 Consumer Goods Peru and Alicorp Soluciones GROSS PROFIT & MARGIN ADJUSTED EBITDA & MARGIN +16.1% +21.5% 409 415 232 241 357 198 CONSUMER GOODS 37.9% 39.9% PERU2 37.8% 21.0% 21.6% 23.1% PEN million Q1 ’25 Q4 ’25 Q1 ’26 Q1 ’25 Q4 ’25 Q1 ’26 -1.2% +4.1% 167 174 165 9
Slide 12: International Business and Vitapro
OPERATING RESULTS BY BUSINESS UNIT1 International Business and Vitapro GROSS PROFIT & MARGIN ADJUSTED EBITDA & MARGIN +45.4% 4.2x 19 20 4.1 INTERNATIONAL 14 BUSINESS2 27.4% 25.4% 25.9% 1.0 1.9% -0.4% 5.4% USD million Q1 ’25 Q4 ’25 Q1 ’26 -0.3 Q1 ’25 Q4 ’25 Q1 ’26 -10.5% -12.8% 47 45 37 42 32 30 VITA
Slide 13: Liquidity and Balance Sheet
LIQUIDITY AND BALANCE SHEET
Slide 14: Leverage
LIQUIDITY AND BALANCE SHEET Leverage INDEBTEDNESS EVOLUTION1 2.1 2.0 1.9 1.9 DESPITE RECENT 1.8 M&A ACTIVITY, OUR 3,890 3,695 LEVERAGE 3,339 3,482 3,360 REMAINED WITHIN THE EXPECTED LEVELS, SUPPORTED BY STABLE EBITDA, Q1 ’25 Q2 ’25 Q3 ’25 Q4 ’252 Q1 ’26 CONSISTENT CASH Net debt / Adj. EBITDA (times)
Slide 15: Our View for 2026
OUR VIEW FOR 2026
Slide 16: Our Expectations for 2026: Guidance
OUR EXPECTATIONS FOR 2026 Guidance CONSOLIDATED ADJUSTED LEVERAGE CAPEX REVENUE EBITDA LOW-TO-MID LOW-TO-MID APPROXIMATELY 2.0x APPROXIMATELY SINGLE DIGIT SINGLE DIGIT NET DEBT-TO- USD 110 MILLION GROWTH GROWTH ADJUSTED EBITDA 16
Slide 17: Earnings Call First Quarter 2026
April 30, 2026 EARNINGS CALL FIRST QUARTER 2026 We feed a better tomorrow
Slide 18: Reported and adjusted results summary
APPENDIX Reported and adjusted results summary Q1 ’25 Q1 ‘26 Reported Adjusted Reported Adjusted CGP PEN 357.2 357.2 411.8 414.6 B2B GROSS PROFIT PEN 167.4 167.4 164.4 165.5 Int. Business USD 13.5 13.5 19.6 19.6 Aquafeed USD 47.4 47.4 42.5 42.5 Total PEN 750.2 750.2 787.0 791.0 Q1 ’25 Q1 ‘26 Reporte
Slide 19: Slide 19