Magazine Luiza S.a. · BMFBOVESPA:MGLU3
Magazine Luiza — Q2 2025 Earnings Presentation
24 slides from Magazine Luiza's earnings presentation, Aug 8, 2025
Slide 1: Conference Call 2Q25
Conference Call 2Q25 August 8, 2025
Slide 2: Simultaneous translation and download information
Esta teleconferência possui tradução simultânea. Para acessar, basta clicar no botão Interpretação através do ícone do globo na parte inferior da tela. O Release de Resultados e a Apresentação, versões português e inglês, estão disponíveis para download no site de RI: ri.magazineluiza.com.br A apres
Slide 3: 2Q25 reinforces Magalu's discipline and efficiency
2Q25 reinforces Magalu’s discipline and efficiency: EBITDA remains at high levels with strong operating cash generation EBITDA Margin Operational Cash Flow Generation 8.0% R$ 597Mi R$ 727 million in 2Q25 R$ 2.6 billion LTM 3.5% Same-Store-Sales R$150 million reduction in inventory 5% online growth in
Slide 4: Total Sales were R$15.3 billion on 2Q25
Total Sales were on R$15.3 billion on 2Q25 Evolution of total sales [Billion R$; %] R$4.7 billion Online Lojas Physical Store Sales on 2Q25 (SSS of 3.5% vs 2Q24) +1% +6% +4% -1% (+5.2% excluding Rio Grande do Sul) 15.4 15.3 R$6.5 billion 14.7 1P Sales on 2Q25 13.9 (+0.8% vs 2Q24) 13.7 70% 69% 72% 73
Slide 5: The essential role of Kabum, Netshoes, and Época
The essential role of Kabum, Netshoes, and Época in diversifying and increasing the profitability of our ecosystem R$ 12 Mi Net Profit R$ 24 Mi Net Profit R$ 7 Mi Net Profit (2Q25) (2Q25) (2Q25) +2% growth in GMV +4% growth in GMV +2% growth in GMV +134% growth in R$20 Mi reduction in 18% growth in Perf
Slide 6: Magalu Ecosystem: the engine for diversifying revenue
Magalu Ecosystem: the engine for diversifying our sources of revenue, building a more resilient and less cyclical business Ecosystem consolidation 6
Slide 7: Magalog: one of Brazil's largest logistics operators
Magalog: one of Brazil's largest logistics operators, reinforcing its importance to the Magalu ecosystem and to external clients Omnichannel Fulfillment Magalog reached the milestone of 90 Leadership and Velocity external clients and gained relevance in the in the fashion, sports, pets, and electron
Slide 8: MagaluPay: solid performance drives financial ecosystem
MagaluPay: solid performance drives Magalu's financial ecosystem We are making progress in building our new financial institution, MagaluPay SCFI, which will soon allow us to develop a broader and more efficient portfolio of products and services for customers and sellers, including the expansion of the
Slide 9: Magalu Ads moves forward with increased monetization
Magalu Ads moves forward with increased monetization of the Magalu Ecosystem's audience Revenue acceleration Magalu Ads revenue growth of 66% compared to 2Q24 Expansion of the average ticket The average ticket price increased among brands (+175%) and sellers (+35%) versus 2Q24 Platform innovations N
Slide 10: MagaluCloud: the first Brazilian cloud with global scale
MagaluCloud: the first brazilian cloud with global scale "Here at Kognita, we achieved a 40% reduction in storage costs and an 80% reduction in processing costs. We also now have predictable costs since we are no longer directly dependent on foreign exchange rates, and we have a very close and produc
Slide 11: Financial Highlights
Financial Highlights
Slide 12: Financial Highlights of 2Q25
Financial Highlights of 2Q25 R$15.3 Billion in Total Sales R$727 Million Adjusted EBITDA (8.0% of margin) 3.5% Growth in Same-Stores Sales (5.2% excluding the RS effect in 2Q24) R$597 Operational Cash Flow Generation (R$2.6 bi LTM) 30.5% Gross Margin (vs 30.9% of margin on 2Q24) R$8.0 Billion Total
Slide 13: In 2Q25, Adjusted EBITDA reached R$727 million, 8.0% margin
In 2Q25, Adjusted EBITDA reached R$727 million, with a 8.0% margin Adjusted EBITDA [% of Net Revenue; Billion R%] +2.3% Key Levers +0.1 p.p. Market share and profitability gain in physical stores 727 711 Profitability increase at Luizacred 7.9% 8.0% 7.8% 8.1% 8.0% Fulfillment expansion Operational effici
Slide 14: Adjusted EBITDA Margin
Adjusted EBITDA Margin This improvement is a result of the growth of physical stores, strict expense control, and the strong performance of Luizacred 0.1% 0.0% 0.2% 0.2% 0.4% 7.9% 8.0% Adjusted Gross SG&A Equity in PDD Other Adjusted 2Q24 Margin Subsidiaries 2Q25 14
Slide 15: Working capital and financial expenses
In working capital, the highlights were a decrease in inventory and the monetization of taxes. Financial expenses were impacted by the rise in interest rates Adjusted Working Capital (Billion R$) Adjusted Net Financial Expense (Million R$) Average R$ 0.2 Bi 10.5% 10.4% 11.1% 13.0% 14.7% CDI 3.2 5.4%
Slide 16: Total cash position of R$8.0 billion in Jun/25
Total cash position of R$8.0 billion in Jun/25 Operational cash flow reached R$597 million in the quarter Cash Flow 2Q25 (Billion R$) Receivables Cash 2.0 0.6 0.2 0.4 8.0 6.7 0.2 0.2 0.2 0.2 Free Cash Flow 5.9 4.9 1.7 2.1 Adjusted Final Operational Capex Leasing Loan Debt Interest Dividend Adjusted F
Slide 17: Total cash position of R$8.0 billion in Jun/25 (LTM)
Total cash position of R$8.0 billion in Jun/25 Operational cash flow generation of R$2.6 billion on the last 12 months Cash Flow LTM (Billion R$) Receivables Cash 2.3 2.6 1.0 8.0 0.4 0.7 0.2 0.8 0.8 6.5 Free 0.5 Cash Flow 5.9 4.5 1.9 2.1 Adjusted Final Operational Capex Leasing Interest Loan Luizacre
Slide 18: US$180 million loan agreement with IFC and IDB Invest
US$180 million loan agreement with IFC and IDB Invest US$50 million loan agreement with IDB Invest c Complementary to the US$130 million loan from IFC, totaling US$180 million U$180 million Funds will be used for investments in technology Clean operation Increased liquidity and capital Total term of
Slide 19: Net cash position of R$1.8 billion and fundraising completed
We ended 2Q25 with a net cash position of R$1.8 billion and completed significant fundraising efforts that further strengthen our capital structure Cash and Debt Debt (Billion R$) (Billion R$) 6.2 4.5 8.0 R$ 1.7 Bi 1.8 jun/24 jun/25 Net Cash 5.9 ➔ Apr/25: 13th Issue of Debentures in the amount of R$1
Slide 20: Luizacred
Luizacred Low delinquency rates and significant improvement in profitability, with annualized ROE reaching 19.5% in 2Q25 R$ 19.9 Bi 6.0 Mi Net Profit Credit Portfolio Credit Cards [Million R$] [2Q25] [2Q25] R$ 31 Mi Percent of the Portfolio Overdue (%) 9.2% 145 8.4% 84 102 71 66 3.0% 2.7% Jun-24 Jun-25
Slide 21: Galeria Magalu 2025
GALERIA MAGALU 2025 G A L E R I A NOVO PONTO DE ENCONTRO DA CULTURA, DA TECNOLOGIA E DA EXPERIÊNCIA.
Slide 22: More than a store. A shareable experience.
GALERIA MAGALU 2025 MORE THAN A STORE. The gallery will enhance the multi-channel nature of A SHAREABLE the Magalu Ecosystem: EXPERIENCE. With technology, we integrate all channels to strengthen our brands, increase sales, and An immersive journey through the Magalu ensure the customer has the best
Slide 23: Magalu ecosystem
mMagaLu _ ecosystem Ci nw CONSORCIO VIP m oe magatu ae 205 2 hub maga.ucLouD = eG ences GaSe stoa Ht eereal LuizacreD smartHint) @Huas/Les mage onk Soar *vitss ° magavu ' a Entregas ry & @ Canaltech % S. KaBuM!.. STEAL aiqrome rss estante virtual GFLA ZATTINI §Sinclog
Slide 24: Investor Relations
INVESTOR RELATIONS RI@MAGAZINELUIZA.COM.BR MAGAZINELUIZA.COM.BR/RI As afirmações contidas neste documento relacionadas a perspectivas sobre os negócios, projeções sobre resultados operacionais e financeiros e aquelas relacionadas a perspectivas de crescimento do Magazine Luiza são meramente projeções