Inretail Peru Corp. · BVL:INRETC1
Inretail Peru — Q4 2025 Earnings Presentation
21 slides from Inretail Peru's earnings presentation, Mar 2, 2026
Slide 1: Earnings Presentation Q4'25 & FY 2025
EARNINGS PRESENTATION Q4’25 & FY 2025
Slide 2: Agenda
AGENDA Q4'25 01 2025 HIGHLIGHTS 02 CONSOLIDATED RESULTS FINANCIAL 03 RESULTS BY SEGMENT 04 OTHER FINANCIAL RESULTS 05 CAPEX GUIDANCE
Slide 3: 2025 Highlights
01 2025 HIGHLIGHTS InRetail
Slide 4: 2025 InRetail Highlights
2025 INRETAIL HIGHLIGHTS Executed our expansion plan Openings and expansions: • 314 Mass stores and 2 Plaza Vea stores1/ • 124 pharmacies1/ • 1 new power center (+14 k sqm) Strengthened our logistics Implemented our capital structure and 2 expansions in existing platform to support future growth str
Slide 5: 2025 InRetail Highlights – ESG
2025 INRETAIL HIGHLIGHTS – ESG AWARDS AND RECOGNITIONS AWARDS AND RECOGNITIONS 5th consecutive year as members of S&P Global Sustainability Yearbook “Bueno por Dentro” “Perú Pasión” Supplier Management Environment +18 mm +290 795 S/3.9 mm in energy savings with Rations of food Participating Supplier
Slide 6: Consolidated Financial Results
02 CONSOLIDATED FINANCIAL RESULTS
Slide 7: Q4'25 & FY'25 Results – Consolidated
Q4'25 & FY’25 RESULTS – CONSOLIDATED Million Soles (S/ mm) Highlights Revenues +5.2% Revenues increased +6.3%, with a positive growth in all of our segments, including a solid growth in our Food Retail segment, a 22,820 moderate growth in our Pharma segment and a slight growth in our 21,683 Shoppi
Slide 8: FY'25 – Consolidated Financial Results
FY'25 – CONSOLIDATED FINANCIAL RESULTS Food Shopping Pharma Retail Malls 1/ 2025 (S/ mm; %) + + = Revenues 12,998 9,049 785 22,820 % Revenues Contribution 57% 40% 3% Adj. EBITDA2/ 1,161 1,530 424 2,995 % Adj. EBITDA Contribution 37% 49% 14% Adj. EBITDA Margin3/ 8.9% 16.9% 72.8% 13.1% _ Market Positi
Slide 9: Results by Segment
03 RESULTS BY SEGMENT InRetail
Slide 10: Q4'25 Results – Food Retail
Q4'25 RESULTS – FOOD RETAIL1/ Million Soles (S/ mm) S/ mm Q4'25 Q4'24 Var % 2025 Var % Revenues 3,708 3,451 7.4% 12,998 7.1% Gross Profit 889 810 9.8% 3,041 6.7% 2/ Adj. EBITDA 376 348 7.9% 1,161 0.5% Gross Mg 24.0% 23.5% 52 bps 23.4% -9 bps 2/ Adj. EBITDA Mg 10.1% 10.1% 4 bps 8.9% -59 bps Revenues
Slide 11: Q4'25 Results – Pharma
Q4'25 RESULTS – PHARMA Million Soles (S/ mm) S/ mm Q4'25 Q4'24 Var % 2025 Var % Revenues 2,301 2,206 4.3% 9,049 2.7% Gross Profit 763 734 3.9% 2,943 2.4% 1/ Adj. EBITDA 391 385 1.5% 1,530 3.9% Gross Mg 33.2% 33.3% -12 bps 32.5% -10 bps 1/ Adj. EBITDA Mg 17.0% 17.5% -47 bps 16.9% 19 bps Revenues incr
Slide 12: Q4'25 Results – Shopping Malls
Q4'25 RESULTS – SHOPPING MALLS Million Soles (S/ mm) S/ mm Q4'25 Q4'24 Var % 2025 Var % Revenues 224 223 0.4% 785 -3.4% Gross Profit 150 148 0.7% 518 -4.3% 1/ Adj. EBITDA 135 137 -1.5% 424 -15.4% Gross Mg 66.8% 66.6% 19 bps 66.0% -65 bps 2/ Net Rental Mg 80.7% 82.4% -175 bps 72.8% -981 bps Positive
Slide 13: Quarterly Openings and SSS by Segment
QUARTERLY OPENINGS AND SSS BY SEGMENT Openings Same Store Sales (SSS) Food Retail1/ Food Retail1/ 2024: 2.5% Sales Area (‘000 sqm) 20253/: 3.4% 676 689 699 722 659 5.3% 221 239 251 262 278 4.4% 4.2% 120 120 120 120 120 3.3%3/ 1.5% 319 318 318 318 325 Q4’24 Q1’25 Q2’25 Q3’25 Q4’25 Q4’24 Q1’25 Q2’25 Q
Slide 14: Other Financial Results
04 N° OTHER FINANCIAL [TÍTULO] RESULTS
Slide 15: Consolidated Net Income
CONSOLIDATED NET INCOME Million Soles (S/ mm) Net Income1/ Net Income excluding FX, Mark-to-Market and One-time effects2/ +1.9% -16.1% 971 990 970 814 +14.1% -5.2% 293 335 285 270 Q4’24 Q4’25 2024 2025 Q4’24 Q4’25 2024 2025 Net Net Margin 5.0% 5.4% 4.5% 4.3% Margin 4.9% 4.3% 4.5% 3.6% Net Income Bre
Slide 16: Capex and Cash-Flow Breakdown
CAPEX AND CASH-FLOW BREAKDOWN Million Soles (S/ mm) Consolidated CAPEX 2024: S/1,041 mm 2025: S/1,146 mm 1,041 847 775 679 369 384 401 231 228 283 232 230 197 2019 2020 2021 20221/ 2023 Q1’24 Q2’24 Q3’24 Q4’24 Q1’25 Q2’25 Q3’25 Q4’25 Cash-Flow Breakdown -1,146 -40 +3,058 -591 1,903 1,461 -451 -234 4
Slide 17: Consolidated Financial Debt
CONSOLIDATED FINANCIAL DEBT Million Soles (S/ mm) Consolidated Financial Debt1/ USD Exposure on Financial Debt Net Debt/Adj.EBITDA Debt/Adj.EBITDA Hedge USD PEN 2.6x 2.5x 2.4x 2.5x 2.4x 2.1x 2.1x 51% 48% 50% 49% 49% 1.9x 2.0x 1.7x 2% 1% 0% 0% 0% 48% 51% 50% 51% 51% 2024 LTM Q1’25 LTM Q2’25 LTM Q3’25
Slide 18: Financial Debt by Segment
FINANCIAL DEBT BY SEGMENT1/ Million Soles (S/ mm) Net Debt/Adj. EBITDA Debt/Adj. EBITDA Total Consolidated Debt: S/7,013 mm Debt / Adj. EBITDA: 2.4x Net Debt / Adj. EBITDA: 1.7x Debt / Adj. EBITDA: 1.9x Net Debt / Adj. EBITDA: 1.3x 5.2x 4.6x 3.1x 1.6x 4.1x 4.3x 2.8x 1.6x 1.5x 1.5x 3.9x 2.6x 2.8x 1.5
Slide 19: Capex Guidance
05 CAPEX GUIDANCE InRetail
Slide 20: 3 Year Capex Guidance 2026 – 2028
3 YEAR CAPEX GUIDANCE 2026 – 2028 2026 CAPEX Guideline Projected CAPEX for 2026 – 2028: S/2.7 bn FOOD RETAIL By Segment 1 new big box store expected in Q4’26 Shopping ~200 new Mass stores in 2026 Malls 30% Re-opening of 2 big box stores Food 50% Retail Store maintenance and renovations PHARMA 20% Ph
Slide 21: Contact Information
CONTACT INFORMATION Andrea Fabbri Investor Relations Officer IR email: ir@inretail.pe This material was prepared solely for informational purposes and is not to be construed as a solicitation or an offer to buy or sell any securities. This presentation may include forward-looking statements or state