Sonae Sgps Sa · EURONEXT:SON
Sonae Sgps Sa — Sonae — H1 2022 Earnings Presentation
18 slides from Sonae Sgps Sa's earnings presentation, Jul 29, 2022
Slide 1: 2022 First Half Results
2022 First half Results Shaping tomorrow, today Sonde vue
Slide 2: Portfolio management
Portfolio management Sonae pra. eit
Slide 3: Active portfolio management
Active portfolio management YQ, In the 2Q22: wy IVE @ 2exits (to be closed soon) @ 2 new investments . @ Follow-on investments in the ® cel Iwize current portfolio companies 2 new investments (to be announced soon) 1H22 Results
Slide 4: Business by business view
Business by business view Sonae pra. eit
Slide 5: MC
McC Sonae Turnover ei LfL*6.0% 2,695 2,505 LfL+9.8% 1H21 1H22 Online Sales (% of turnover) 3.5% 3.0% Sonae em Hig Miz Underlying EBITDA FCF em €m, L12M, before dividends paid 279 156 1H21 1H22 Jun21 Jun22 1H22 Results
Slide 6: Worten
O Worten Sonae Turnover ei 518 LfL+0.3% 521 LfL+4.2% 1H21 1H22 Online Sales (% of turnover) 18.5% 15.6% Sonae em Hig Mi2q Services sales €m 1H21 1H22 1H22 Results Underlying EBITDA €m 31 6.0% 26 4.9% 1H21 1H22
Slide 7: Zeitreel
O Zeitree| = Sonae Turnover Underlying EBITDA Si em Hig Mi2a em LfL+32.8% 174 131 _- ED 53 7 ——e 78 1H20 1H21 1H22 1H21 1H22 Online Sales (% of turnover) 15.6% 16.8% 8.9% Sonae ae
Slide 8: Iberian Sports Retail Group
IBERIAN SPORTS RETAIL GROUP Turnover €m G12%> 621 L6M 21 L6M 22 Sonae HI Nov-Jan Ml Feb-Apr Online sales % of turnover 20.2 16.7 L6M 21 L6M 22 1H22 Results Note: Due to calendar reporting dates of JD Sports (the main shareholder of the JV), ISRG figures for the LM 22 ended last April 30". EBITDA 49
Slide 9: Sierra
Sierra Sonae Net result &m HE Direct Hl Indirect 32D 28 20 . -5 1H21 1H22 NAV INREV 925 O78 YE2t Jun22 1H22 Results LTV (gross) % ——G3)—4y 45.8 44.3 YE21 Jun22
Slide 10: Universo
Universo = Sonae Total production Universo clients Turnover ém Mig Miz 000 €m Mig Miz 1,006 914 1H21 1H22 1H21 1H22 Digital clients 56% 65% Sonae ae 7
Slide 11: Sonae IM
Sonae O BrightPixel Capex €m, L12M 51 a [ P| Jun21R Jun22 Sonae Cash invested 168 i71 YE21 Jun22 1H22 Results YE21 Jun22 1 R - Restated as Maxive from Bright Pixel was considered as asset held for sale and all periods since 1921 were restated to consider this asset as discontinued operation. *Cash i
Slide 12: Cascais
wy = Cas Turnover 1H21 Sonae 1H22 EBITDA 1H21 1H22 1H22 Results Net income 1H21 1H22 12
Slide 13: Consolidated view
Consolidated view Sonae pra. eit
Slide 14: Operational performance
Operational performance Turnover EBITDA Net result (group share) €m Hic Miz C555) 118 76 42 1H21R 1H22 1H21R 1H22 1H22 Sonae ae a R - Restated as Maxive from Bright Pixel was considered as asset held for sale and all periods since 1921 were restated to consider this asset as discontinued operation.
Slide 15: Free Cash Flow generation
Free Cash Flow generation _ €m, L12M 4104-0 632 oo 7 +42 +412 iz) eT sl -319 23 244 00 EBITDA Working cap. Operational Net financial M&A capex Sale of assets Dividends FCF before (inc. rents and others capex activity received dividends paid and taxes) Sonae oe ‘
Slide 16: Group Net Debt
Group Net Debt €m Jun21 var Jun22 1H22 Results
Slide 17: Sonae SGPS (SON-LIS) (PSI20-ENX)
17% Sonae SGPS (SON-LIS) (PSI20-ENX)
Slide 18: Sonae
Sonae 1H22 Results 18