Falabella S.a. · BCS:FALABELLA
Falabella — Q4 2024 Earnings Presentation
15 slides from Falabella's earnings presentation, February 2025
Slide 1: Earnings Presentation 4Q-2024
Earnings Presentation 4Q-2024 1
Slide 2: Cautionary Statement
Cautionary Statement These webcasts, presentations and transcripts contain "forward-looking statements," relating to, among other things, future operating and financial results, project performance, expenses, the impact of acquisitions and divestments, business strategy and any restructuring plans.
Slide 3: Highlights 4Q24
Highlights 4Q24
Slide 4: Our retailers are maintaining their momentum in recovering topline growth
Our retailers are maintaining their momentum in recovering topline growth Revenue Var (%, vs 4Q23) (local currency) 1 167,5% 13,1% 12,4% 12,0% 12,4% 10,2% 8,4% 13,2% 10,3% 7,9% 7,8% 7,0% 0,3% Chile Peru Chile Peru Colombia Chile Peru Colombia Mexico Brazil Chile Peru Colombia GMV Online Var (%, vs 4
Slide 5: Building the leading digital bank of the Andean region
Building the leading digital bank of the Andean region Loan portfolio (US$ MM) NPL (%) Chile Colombia Peru Mexico Chile Colombia Peru Mexico 8 0% 9% 6.412 6.392 6.433 6 6.098 5.894 4 2 0 4Q23 1Q24 2Q24 3Q24 4Q24 4Q23 1Q24 2Q24 3Q24 4Q24 Credit card & passive account openings (#) Credit & debit card
Slide 6: Summary Financials (US$ MM)
Summary Financials (US$ MM) 4Q23 % revenues 4Q24 % revenues Var (%) Total sales Total sales 3.214 3.507 9% GMV Online 743 798 7% GMV own products (1P) 549 584 6% GMV third-party products (3P) 194 214 10% Total sales of physical stores 2.471 2.709 10% Financial Results Non-Banking Revenue 2.663 85,0%
Slide 7: Our strategy has allowed to enhance profitability across our five growth engines during 2024
Our strategy has allowed to enhance profitability across our five growth engines during 2024 EBITDA margin (%) 76,7% 77,0% 16,4% 6,3% 5,7% 7,3% 5,4% 5,2% 3,3% 2023 2024 -2,1% 2023 2024 2023 2024 2023 2024 2023 2024 7
Slide 8: Our strategy has allowed us to continue improving
EBITDA (US$ MM) 14,1% 11,2% 11,6% 10,0% 8,0% 9,4% 10,4% 501 Our strategy has 6,0% 6,8% 5,2% 6,7% allowed us to continue improving 4,6% 326 331 293 293 298 245 our profitability 225 179 182 127 141 1Q22 2Q22 3Q22 4Q22 1Q23 2Q23 3Q23 4Q23 1Q24 2Q24 3Q24 4Q24 EBITDA Margin (%) 8
Slide 9: Our operation continues to contribute to cash improvement
Our operation continues to contribute to cash improvement Evolution Cash (US$ MM) Non-banking businesses 52% 5 123 195 15 1.644 186 54 948 268 313 1.082 Dec-23 EBITDA (ex. Working Taxes CAPEX & Cash Flow Net Debt Capital Others Dec-24 IFRS 16) Capital Sale of - Banco Interest Increase assets Falabel
Slide 10: We continue to strengthen our financial position
Net Financial Debt / EBITDA 8,6 8,2 7,3 6,3 6,5 5,7 5,0 4,7 3,6 3,7 We continue to 2,9 2,6 1Q22 2Q22 3Q22 4Q22 1Q23 2Q23 3Q23 4Q23 1Q24 2Q24 3Q24 4Q24 strengthen our financial position Debt Maturity Profile (US$ Debt Maturity Profile (US$ MM) million) 2025 International Bond Non-banking businesses,
Slide 11: Our growth engines: Digital Bank
Our 5 growth engines JUAN MANUEL MATHEU Paving the Way to Become the #1 Digital Bank in Our Markets 11
Slide 12: Our growth engines: Omnichannel Multi-Specialist
Our 5 growth engines FRANCISCO IRRARÁZAVAL Becoming an Omnichannel Multi- Specialist for our core categories, in partnership with top-quality brands 12
Slide 13: Key takeaways from our CEO
Key takeaways from our CEO 1. Sustained growth with improved profitability across our 5-growth engines In 2024, we achieved an EBITDA of US$1.5 billion and a net income of US$ 483 million. 2. Significant ecosystem expansion & innovation in 2024 3. 2025: Profitable growth & elevating the omnichannel
Slide 14: “FALABELLA | B falabellazon GASODIMAC #TOTTUS 0) mallplaza & excorasbeis
“FALABELLA | B falabellazon GASODIMAC #TOTTUS 0) mallplaza & excorasbeis AS 30 : ;
Slide 15: Investor contact
E-mail inversionistas@falabella.cl Website investors.grupofalabella.com