Alsea, S.a.b. De C.v. · BMV:ALSEA
Alsea, S.a.b. De C.v — Q3 2026 Earnings Presentation
20 slides from Alsea, S.a.b. De C.v's earnings presentation, Oct 21, 2026
Slide 1: 3Q26 Earnings Videoconference
3Q26 EARNINGS VIDEOCONFERENCE
Slide 2: Today's Speakers
Today's Speakers 3Q26 EARNINGS VIDEOCONFERENCE OCTOBER 21, 2026 Christian Gurría Federico Rodríguez Chief Executive Officer Chief Financial Officer
Slide 3: Forward-Looking Statements
Forward-Looking Statements Disclaimer Certain information contained in this presentation, particularly information regarding future economic performance, finances, and expectations and objectives of management constitutes forward-looking statements. Forward-looking statements can be identified by th
Slide 4: Christian Gurría
3Q26 EARNINGS VIDEOCONFERENCE Christian Gurría CHIEF EXECUTIVE OFFICER
Slide 5: 3Q26 Highlights: SSS Recovery and Modest Pre-IFRS 16 Margin Expansion
3Q26 Highlights | SSS Recovery and Modest Pre-IFRS 16 Margin ALSEA Expansion Highlight Portfolio Resilience SAME-STORE SALES SALES DI GI TAL SALES 40.7% PRE IFRS-16 AMOUNT $21.2 BN PESOS $8.1 B ILLION 1.8% vs 3Q25 EBITDA POST IFRS-16 PRE IFRS-16 POST IFRS-16 +4.2% $21.4 BN PESOS 2.0% vs 3Q25 $2.9 BN
Slide 6: Starbucks Mexico and France Return to Growth, While Spain Maintains Strong Momentum
Starbucks Mexico and France Return to Growth, While Spain Maintains Strong Momentum TOTAL +4.4% +3.9% VS in 3Q25 BY MARKET • These results were mainly driven by the 3.1% Mexico recovery in traffic following the World Cup 3.3% and a strong marketing calendar across the 6.1% different geographies. Eur
Slide 7: Starbucks Mexico: Strong Q3 Recovery Reinforces Brand Power and Resilience
Starbucks Mexico | Strong Q3 Recovery Reinforces Brand Power and Resilience After recovering from the 2Q26 low, same-store sales grew faster than they had at the beginning of the year Starbucks Mexico SSS Strong Commercial Execution Drove Traffic Recovery and a Return to Positive Growth • Progressiv
Slide 8: Strong Performance in Mexico Drives Domino's Growth Acceleration in 3Q26
Strong Performance in Mexico Drives Domino’s Growth Acceleration in 3Q26 TOTAL +3.6% +2.6% VS in 3Q25 BY MARKET 4.8% • Positive same-store sales growth was Mexico 1.6% supported by strong delivery demand, solid commercial execution, and a boost from 1.8% the World Cup in Mexico. Colombia 9.1% • Domi
Slide 9: FSR Maintains Positive Growth Across Mexico and Spain
FSR Maintains Positive Growth Across Mexico and Spain, Supported by Strong Brand Performance TOTAL +2.8% +4.1% BY MARKET VS in 3Q25 3.2% Mexico • Growth was supported by positive 5.3% performance across Mexico and Spain, with Chili’s, Vips and Foster’s Hollywood contributing to the segment’s results
Slide 10: Alsea's Diversified Platform Provides Scale Across Brands, Segments and Markets
Alsea’s Diversified Platform Provides Scale Across Brands, Segments and Markets UNITS 4,835 1,983 1,571 368 233 200 175 77% corporate · 23% franchises SEGMENTS 115 76 75 27 11 1 3 Quick-Service Restaurants Coffee Shops Full-Service Restaurants TEAM MEMBERS +73,000 ALSEA* · BMV
Slide 11: Loyalty Sales Grow 9% as 9.1 Million Digital Customers Deepen Engagement
Loyalty Sales Grow 9% as 9.1 Million Digital Customers Deepen Engagement TENDER DIGITAL CUSTOM ERS 28.1% 9.1 M LOY ALTY ORDERS LOYALTY SALES 22.7 M $5.6 BN -9% vs LY +9% vs LY BY RE GI ON SALES TENDER CUSTOMERS Mexico $2.7 BN 24% 4.3 M Europe $2.2 BN 39% 3.4 M South America $0.6 BN 22% 1.4 M
Slide 12: Advancing Climate Resilience and Social Impact
Advancing Climate Resilience and Social Impact CLIMATE RESILIENCE RESPONSIBLE SOURCING COMMUNITY IMPACT Stronger ESG 3THROUGH Scenarios $62M pesos 2050 due diligence RECORD RAISED IN MEXICO IN 2025 Expanded our global climate-risk Updated the supplier approval 14th “Va por mi Cuenta” campaign assess
Slide 13: Federico Rodríguez
3Q26 EARNINGS VIDEOCONFERENCE Federico Rodríguez CHIE F FINANCIAL OFFICE R
Slide 14: Positive Revenue Performance Despite FX Headwinds
Positive Revenue Performance Despite FX Headwinds BY REGION · MILLION PESOS Supported by Starbucks’ recovery, 12,150 Domino’s acceleration and solid FSR Mexico 5.9% performance, together with stronger 11,476 commercial execution. In euro terms, sales increased by 2.8%, 6,079 mainly driven by solid p
Slide 15: Resilient EBITDA Performance Supported by Mexico and Europe
Resilient EBITDA Performance Supported by Mexico and Europe BY REGION · MILLION PESOS 2,761 Growth driven by disciplined Mexico 6.3% SG&A management 2,597 877 Gross margin improvement Europe -1.8% drove 7.3% EBITDA growth in 893 euro terms 358 Lower traffic in Argentina and South America -8.6% Chile
Slide 16: Capex Prioritizes Growth and Portfolio Modernization
Capex Prioritizes Growth and Portfolio Modernization While Preserving Maintenance Discipline BY REGION BY TYPE Openings & remodeling 53% 3,006 Maintenance 28% Other strategic projects 19% Mexico Europe South America 63% 29% 8%
Slide 17: Free Cash Flow Generation Improved by Nearly $4B Pesos vs. 2025
Free Cash Flow Generation Improved by Nearly $4B Pesos vs. 2025, Supporting Investment and Positive Free Cash Flow $8,134,905 -$3,005,823 -$2,503,570 -$972,978 $954,970 -$697,564 EBITDA Pre IFRS16 CAPEX Interest paid Taxes Working capital Free Cash Flow
Slide 18: Solid Capital Structure and a Comfortable Maturity Profile
Solid Capital Structure and a Comfortable Maturity Profile Provide Financial Flexibility TOTAL DEBT EX IFRS16 TOTAL DEBT/EBITDA NET DEBT / EBITDA CURRENCY MIX 35.3 BN pesos 3.0x 2.5x Mexican pesos 69% · Euros 31% MATURITY PROFILE 41% 14% 8% 11% 6% 7% 4% 3% 3% 3% 2027 2028 2029 2030 2031 2032 2033 20
Slide 19: 3Q26 Earnings Videoconference Investor Relations
3Q26 EARNINGS VIDEOCONFERENCE INVESTOR RELATIONS
Slide 20: Contact
Contact INVESTOR RELATIONS EMAIL Gerardo Lozoya Julia Torres ri@alsea.net