Sendas Distribuidora Sa · BMFBOVESPA:ASAI3

Sendas Distribuidora Sa — Q1 2025 Earnings Presentation

8 slides from Sendas Distribuidora Sa's earnings presentation, May 9, 2025

  1. Slide 1: Earnings Release 1st Quarter 2025

    EARNINGS RELEASE 1st QUARTER 2025 MAY 9TH, 2025

  2. Slide 2: Acceleration of Same-Store Sales Growth and Historic Record EBITDA Margin Since 1Q21

    ACCELERATION OF SAME-STORE SALES GROWTH AND HISTORIC RECORD EBITDA MARGIN SINCE 1Q21 SALES EBITDA MARGIN • Gross Revenue: R$ 20.3 bn (+7.8%) • ‘Same-Store’ Sales: +5.5% • Pre: R$ 1.0 bn | Margin: 5.5% (+0.3 p.p.) • Expansion: +4.4% (11 new stores LTM) • Highest margin level since 1Q21 • +3.6% in the

  3. Slide 3: Conversions: Sales Growth with EBITDA Margin Expansion

    CONVERSIONS: SALES GROWTH WITH EBITDA MARGIN EXPANSION Conversions productivity reaches 91% of the level of organic stores opened until 2022 Average Monthly Revenue (64 converted stores) (RS million) 1st wave of conversions in 2022 (47 stores) +6.1% Average EBITDA Margin R$24.1 R$25.6 sales/store Pr

  4. Slide 4: EBITDA Growth, Slower Expansion Pace and Completion of Hypermarket Acquisition Payments Contribute to Cash Generation

    EBITDA GROWTH, SLOWER EXPANSION PACE AND COMPLETION OF HYPERMARKET ACQUISITION PAYMENTS CONTRIBUTE TO CASH GENERATION AND NET DEBT REDUCTION Cash Generation Net Debt Reduction (12 months) Net Debt (1) (Mar/24) R$ 13.8 bn 1Q24 1Q25 Variation Operating Cash Generation R$ 3.1 bn Gross Debt R$ 15.7 bi R

  5. Slide 5: EBITDA Growth and Net Debt Reduction Lead to a Leverage of 3.15x

    EBITDA GROWTH AND NET DEBT REDUCTION LEAD TO A LEVERAGE OF 3.15X (-0.6X vs 1Q24) Leverage (R$ Billion) -0.60x Contractual Covenants: 3.0x Contractual Covenant Ratio in 1Q25 (1) : 1.74x 3.75x 3.75x 3.65x 3.52x 3.04x 3.15x 3.15x 13.8 14.0 13.9 12.5 13.4 ~2.60x Unscaled chart 1Q24 2Q24 3Q24 4Q24 1Q25 4

  6. Slide 6: We Keep Promoting Prosperity for All and Are Recognized for Our Actions

    WE KEEP PROMOTING PROSPERITY FOR ALL AND ARE RECOGNIZED FOR OUR ACTIONS Efficient Operations AWARDS AND • 121% increase in composting of store-generated waste vs. 1Q24 RECOGNITIONS • O Melhor de São Paulo Ethical and Transparent Management The best wholesaler in the capital, • B3 Corporate Sustainab

  7. Slide 7: Chat Q & A Interpretation

    To ask questions, please click on the Q&A icon on the bottom of the screen Write your NAME, COMPANY and LANGUAGE of the question. If announced, a request to activate your microphone will show up on your screen, then, you should enable your audio to ask your question. We kindly ask you to make all qu

  8. Slide 8: ri.assai@assai.com.br / ri.assai.com.br

    ri.assai@assai.com.br / ri.assai.com.br

Sendas Distribuidora — Q1 2025 Earnings Presentation on 6ix