Sendas Distribuidora Sa · BMFBOVESPA:ASAI3
Sendas Distribuidora Sa — Q3 2025 Earnings Presentation
11 slides from Sendas Distribuidora Sa's earnings presentation, Nov 7, 2025
Slide 1: Earnings Results 3rd Quarter 2025
EARNINGS RESULTS 3 rd QUARTER 2025 November 7 TH , 2025 1
Slide 2: Profitability Evolution: Margin Improvement and Expense Control
PROFITABILITY EVOLUTION: MARGIN IMPROVEMENT AND EXPENSE CONTROL Strong cash generation results in the lowest leverage level since 2021 Sales 3Q25 • Same -store sales in the four -month • Pre-IFRS16: 5.7% (+0.2 p.p.) period (July 2025 to October 2025) were • Gross Margin: Store maturation and efficie
Slide 3: Operational Efficiency Supports Profitability Expansion
OPERATIONAL EFFICIENCY SUPPORTS PROFITABILITY EXPANSION Efficient commercial strategy and focus on expense control GROSS PROFIT SG&A EBITDA Million; Pre-IFRS 16 Million; Pre-IFRS 16 Million; Pre-IFRS 16 +4.2% +3.6% +6.0% 3,045 3,174 2,050 2,123 1,021 1,082 3Q24 3Q25 3Q24 3Q25 3Q24 3Q25 16.4% 16.7% 1
Slide 4: Strong Cash Generation Drives Reduction in Net Debt
STRONG Título CASH GENERATION DRIVES REDUCTION IN NET DEBT Subtítulo Leverage falls to 3.03x, the lowest level in four years Cash Generation Leverage (R$ Billion) (R$ Billion) Net Debt (1) Sep/24 13.9 96% Operational Cash Generation 4.2 EBITDA -1.64x Contractual covenant : 3.0x conversion Contractua
Slide 5: Resilient Profit Even in a High Interest Rate Environment
RESILIENT PROFIT EVEN IN A HIGH INTEREST RATE ENVIRONMENT Store maturation and strict expense control reduce the impact of high interest rates FINANCIAL RESULT NET INCOME Million; Pre-IFRS 16 Million; Pre-IFRS 16 +23.3% -1.5% 604 198 195 490 3Q24 3Q25 3Q24 3Q25 - 2.6% - 3.2% 1.1% 1.0% Financial Resu
Slide 6: Continued Optimization of the Debt Profile
CONTINUED Título OPTIMIZATION OF THE DEBT PROFILE Subtítulo Extension of maturity and reduction of average cost PAYMENT FLOW OPERATIONS (R$ Billion) Average term: 38 months R$ 6,6 billion in new fundraising Average cost: CDI + 1.28% p.y. 2024 R$ 3,6 billion prepayment of debts 6.2 due in 2025 and 20
Slide 7: Sustainable Progress with a Focus on Efficiency and Inclusion
SUSTAINABLE PROGRESS WITH A FOCUS ON EFFICIENCY AND INCLUSION Efficient operations • Definition of a target to achieve zero landfill in all operations by 2035 , as part of our climate change strategy: • Reuse of 45.5% of the waste produced by the Company (+2.7 p.p. vs. 3Q24), as a result of: o Incre
Slide 8: Awards and Recognition
AWARDS AND RECOGNITION InfoMoney : The most valuable food retail brand in Brazil, valued at R$ 12.2 billion, occupying 1st place in the ranking. Ibevar - FIA: Ranked 1st among the most admired by consumers and highlighted among the most efficient retailers in its operation. Folha Top of Mind: 4th co
Slide 9: Pillars of Expansion and Value Creation
PILLARS OF EXPANSION AND VALUE CREATION Leadership in the Sector Avenues of Growth Largest and most present Brazilian company in the food World Health retail sector Most valuable brand in the sector in the country: Private Label R$ 12 billion ~40M customers per Financial Services month +60% penetrat
Slide 10: Q&A
Q&A Para fazer perguntas, clique no ícone Q&A na parte inferior da tela. Escreva seu NOME, EMPRESA e IDIOMA da pergunta a ser feita . Ao ser anunciado, uma solicitação para ativar seu microfone aparecerá na tela e, então, você deve ativar o seu microfone para fazer perguntas . Orientamos que as perg
Slide 11: Thank You
THANK YOU Investor Relations Team ri.assai@assai.com.br / ri.assai.com.br