Slide 1: In Review - 2022 Results
IN REVIEW IN REVIEW 22 March 2023 2022 RESULTS RELEASE HERE
Slide 2: 2022 was marked by
IN REVIEW 2022 WAS MARKED BY • WAR IN UKRAINE • SUPPLY CHAIN DISRUPTION • ENERGY CRISIS • GENERALISED PRICE INCREASES • SHARP DECLINE IN CONSUMER CONFIDENCE • FALLING HOUSEHOLD PURCHASING POWER • INCREASED COMPETITIVENESS OF OUR COMPANIES, IN THE THREE COUNTRIES WHERE WE OPERATE 2
Slide 3: What we did in 2022
IN REVIEW WHAT WE DID IN 2022 CONSOLIDATED CONSOLIDATED SALES EBITDA NET PROFIT € 25.4B € 1.9B up 21.5% VS 2021 (up 23.9% AT CONSTANT RATES) up 17% VS 2021 (up 19.7% AT CONSTANT RATES) 590 € C2.3% M OF SALES PRE-TAX ROIC 27% 3
Slide 4: What we did in 2022: major employer, taxpayer, investor
IN REVIEW WHAT WE DID IN 2022 MAJOR MAJOR MAJOR EMPLOYER TAXPAYER INVESTOR WE CREATED 7,636 € 845 M 1,013 € M JOBS PAID IN TAXES 47th largest retailer in the world 31st largest food retailer in the world 19th largest food retailer in Europe Source: Global Powers of Retailing 2023, Deloitte 4
Slide 5: Poland
IN REVIEW POLAND IN REVIEW
Slide 6: Socio-economic environment
IN REVIEW SOCIO-ECONOMIC SOME OBSERVATIONS ENVIRONMENT 10TH HIGHEST GDP GROWTH RATE IN EUROPE GDP PRIVATE CONSUMPTION 6TH HIGHEST INFLATION 4.9% 3% IN EUROPE 10TH HIGHEST FOOD INFLATION IN THE EU (EU AVERAGE 3.5%) (2021: 6.3%) GOVERNMENT REDUCED THE (2021: 6.8%) VAT OF ESSENTIAL FOOD PRODUCTS TO 0%
Slide 7: Biedronka
IN REVIEW BIEDRONKA IN REVIEW
Slide 8: Biedronka results
IN REVIEW RESULTS +24.1% €1,540M € 485M SALES IN LOCAL CURRENCY EBITDA €17.6 BILLION 8.8% MARGIN INVESTMENT (+ 20.9% IN EUROS) (- c.45 b.p. VS 2021) +20.6% 157 NEW STORES 367 LEADERSHIP STRENGTHENED REFURBISHMENTS INCREASED MARKET SHARE (3,395 STORES IN TOTAL) LIKE-FOR-LIKE (28%, up 80 b.p) SOURCE:
Slide 9: Recognition of the teams, consumer focus, supporting communities
IN REVIEW RECOGNITION FOCUS ON THE SUPPORTING OF THE TEAMS CONSUMER PROXIMITY COMMUNITIES 9
Slide 10: Recognition of the teams
IN REVIEW RECOGNITION OF THE TEAMS Pay increases in stores and distribution centres EXTRAORDINARY FINANCIAL AWARDS AND OTHER SUPPORT MEASURES: €36M RECOGNITION MEASURES: €187M 10
Slide 11: Focus on the consumer: promotional dynamic
IN REVIEW FOCUS ON THE CONSUMER / INTENSE PROMOTIONAL DYNAMIC 573 TELEVISION c.127 PROMOTIONAL ADS LEAFLETS c.15 million cards
Slide 12: Biedronka anti-inflation shield
IN REVIEW FOCUS ON THE CONSUMER / ANTI-INFLATION Campaign “BIEDRONKA ANTI-INFLATION SHIELD” Launched on 12 April Prices frozen until the end of the first half of the year. 12
Slide 13: Smart Cookie Gang loyalty programme
IN REVIEW FOCUS ON THE CONSUMER / LOYALTY PROGRAMME Campaign SMART COOKIE GANG (GANG BYSTRZAKÓW) Advertised on TV, radio, outdoor, digital channels and in-store. Campaign to help customers save amidst rising inflation. 12 weeks, 2 ways to save: weekly specials "virtual wallet" with the amount saved
Slide 14: Private brand
IN REVIEW FOCUS ON THE CONSUMER/INNOVATION PRIVATE 132 c.40% WEIGHT OF PRIVATE BRAND ON SALES LAUNCHES BRAND (EXCLUDING F&V, BAKERY AND NON-FOOD) 14
Slide 15: New app
IN REVIEW FOCUS ON THE CONSUMER / INNOVATION Launch NEW APP Personalised offers and campaigns Shopping history Price scanner Digital loyalty card Shakeomat - helped customers save over €360 million by the end of the year 15
Slide 16: Biedronka Home
IN REVIEW FOCUS ON THE CONSUMER / INNOVATION Launch BIEDRONKA HOME Online store specialising in non-food products (e.g. home, garden, sports, health and beauty) More than 1,200 items available Over 17 million visits between 22 August and the end of the year. 16
Slide 17: Stawiguda distribution centre
IN REVIEW FOCUS ON THE CONSUMER / PROXIMITY Opening of the STAWIGUDA DISTRIBUTION CENTRE The largest and most modern Biedronka DC 35,500 m2 (equivalent to 5 football fields) Supplies 250 stores 30% reduction in the distance travelled by trucks in this part of the country 17th Biedronka distribution
Slide 18: Support for Ukrainian refugees
IN REVIEW SUPPORTING COMMUNITIES Customer fund-raising SUPPORT FOR UKRAINIAN campaign REFUGEES €1.7+ million donated to organisations such as Polish Humanitarian Action, Polish Medical Mission and SOS Children's Villages. Cash and in-kind donations to 94 organisations, including Caritas Polska and t
Slide 19: Biedronka main sponsor of WOŚP
IN REVIEW SUPPORTING COMMUNITIES BIEDRONKA MAIN SPONSOR 31st final of Wielka Orkiestra Świątecznej Pomocy - WOŚP (The Great Orchestra of Christmas Charity) Between December 2022 and January 2023, more than €1.5 million were raised (7 million in zloty) through the sale of official merchandise and cus
Slide 20: Portugal
IN REVIEW PORTUGAL IN REVIEW
Slide 21: Socio-economic environment
IN REVIEW SOCIO-ECONOMIC SOME OBSERVATIONS ENVIRONMENT 3RD HIGHEST GDP GROWTH IN THE EU GDP PRIVATE CONSUMPTION STRONG INCREASE IN 6.7% 5.7% INFLATION (+ 8.1%), BUT STILL THE 4TH LOWEST IN THE EU (EU AVERAGE 3.5%) (2021: 4.7%) SHARP RISEIN FOOD (2021: 5.5%) AND ENERGY INFLATION UNEMPLOYMENT RATE UNE
Slide 22: Pingo Doce
IN REVIEW PINGO DOCE IN REVIEW
Slide 23: Pingo Doce results
RESULTS RESULTS IN REVIEW +11.2% € 265M €195M SALES EBITDA TO €4.5 BILLION MARGIN AT 5.9% INVESTMENT (-10 b.p. VS 2021) +9.4% 10 NEW STORES 37 LIKE-FOR-LIKE REFURBISHMENTS (472 STORES IN TOTAL) (excl. fuel) 23
Slide 24: Recognition of the teams, consumer focus, communities, environment
IN REVIEW RECOGNITION FOCUS ON THE SUPPORTING RESPECTING THE OF THE TEAMS CONSUMER COMMUNITIES ENVIRONMENT 24
Slide 25: Recognition of the teams
IN REVIEW RECOGNITION OF THE TEAMS Pay increases AWARDS AND OTHER in stores and RECOGNITION distribution centres MEASURES: €23.3M EXTRAORDINARY FINANCIAL SUPPORT MEASURES: €7.8M 25
Slide 26: There's no better way to eat
IN REVIEW FOCUS ON THE CONSUMER Multi-media campaign New communication positioning: “THERE'S NO BETTER WAY TO EAT :)” PATRÍCIA MAMONA, EUROPEAN TRIPLE JUMP CHAMPION, AS PINGO DOCE BRAND AMBASSADOR 26
Slide 27: Campaigns and leaflets
IN REVIEW FOCUS ON THE CONSUMER / INTENSE PROMOTIONAL DYNAMIC 88 156 CAMPAIGNS LEAFLETS 27
Slide 28: Locked price
IN REVIEW FOCUS ON THE CONSUMER / ANTI-INFLATION Campaigns to minimise the impact of inflation "ZERO INFLATION" on Portuguese disposable income In December, Christmas essentials were marked Campaign at December 2021 prices. “LOCKED PRICE" The price of hundreds of essential food and non-food items wa
Slide 29: Christmas on your table
IN REVIEW FOCUS ON THE CONSUMER / INTENSE PROMOTIONAL DYNAMIC Campaign “CHRISTMAS ON YOUR TABLE” On television, radio, social media and in-store, this campaign showed consumers that they could count on fantastic Christmas promotions at Pingo Doce. 29
Slide 30: Frumania
IN REVIEW FOCUS ON THE CONSUMER / LOYALTY PROGRAMMES FRUMANIA 108 collectible cards Between 3 May and 12 July, the Minions in an album and invaded Pingo Doce. 6 soft toys Campaign with educational content about the benefits of fruit and vegetables for health. For each album sold 20 cents was donated
Slide 31: My Pingo Doce app
IN REVIEW FOCUS ON THE CONSUMER / INNOVATION New App “MY PINGO DOCE” With more benefits and savings opportunities, delivered in a practical, close and personalised manner. Opportunity to join themed clubs and enjoy exclusive promotions. 31
Slide 32: Private brand
FOCUS ON THE CONSUMER / INNOVATION IN REVIEW PRIVATE 176 390 26.5% LAUNCHES REFORMULATIONS WEIGHT OF PRIVATE BRAND BRAND ON SALES (+ 100 b.p. vs 2021) Go Active peanut butter named the most innovative product of the year in the "best of the best" category at the European Private Label Awards. 32
Slide 33: Happy Neighbourhood
IN REVIEW SUPPORTING COMMUNITIES HAPPY NEIGHBOURHOOD Second nationwide edition of the programme to support local communities. 3,000+ APPLICATIONS 446 CAUSES SUPPORTED IN THE TWO NATIONWIDE EDITIONS (2021 AND 2022), 880 CAUSES €425,000 WERE SUPPORTED WITH DONATED A TOTAL AMOUNT OF €840,000 33
Slide 34: Love the Sea programme and eco mesh bags
IN REVIEW RESPECTING THE ENVIRONMENT LOVE THE SEA PROGRAMME ONE ECO MESH BAGS 165 beach cleanups, which SUSTAINABLE Reusable bags made from 100% cotton, produced in mobilised around 65,000 people and 150 schools. OCEAN Portugal, to help reduce single-use plastic Main sponsor of the largest Partnersh
Slide 35: Recheio
IN REVIEW RECHEIO IN REVIEW
Slide 36: In Review
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Slide 37: Recheio results
IN REVIEW RESULTS +27.7% €59M €48M SALES EBITDA TO €1.2 BILLION MARGIN AT 5.1% INVESTMENT +27.3% 43 STORES STORE OPENING IN CASCAIS LIKE-FOR-LIKE (INCLUDES 4 PLATFORMS) FOR THE 9TH YEAR RUNNING, ELECTED THE #1 BRAND OF CHOICE BY PROFESSIONALS 37
Slide 38: Recognition of the teams, proximity, communities
IN REVIEW RECOGNITION FOCUS ON THE PROXIMITY SUPPORTING OF THE TEAMS CLIENT COMMUNITIES 38
Slide 39: Recognition of the teams
IN REVIEW RECOGNITION OF THE TEAMS Pay increases in stores EXTRAORDINARY FINANCIAL SUPPORT AWARDS AND OTHER MEASURES: €700,000 RECOGNITION MEASURES: €5.4M 39
Slide 40: Cascais store
IN REVIEW PROXIMITY Inauguration CASCAIS STORE New concept, image and layout Targeted assortment for HoReCa customers. MasterChef studio, in which recipes are worked on and workshops held. 40
Slide 41: Amanhecer stores
IN REVIEW PROXIMITY Over 500 Amanhecer stores 41
Slide 42: Private brand
IN REVIEW FOCUS ON THE CONSUMER / INNOVATION PRIVATE 132 86 c.26% LAUNCHES REFORMULATIONS WEIGHT OF PRIVATE BRAND BRAND ON SALES 42
Slide 43: Leaflets
IN REVIEW FOCUS ON THE CUSTOMER / INTENSE PROMOTIONAL DYNAMIC 133 LEAFLETS (including Amanhecer) 43
Slide 44: From chef to chef
IN REVIEW FOCUS ON THE CLIENT "FROM CHEF TO CHEF" Specialised HoReCa catalogues Roadshows with HoReCa clients, at stores Ready meal suggestions 44
Slide 45: Festival in Braga
IN REVIEW FOCUS ON THE CLIENT / ENGAGEMENT AND PROXIMITY FESTIVAL IN BRAGA for clients, partners and employees. 45
Slide 46: Return of the Recheio trips
IN REVIEW FOCUS ON THE CLIENT / ENGAGEMENT AND PROXIMITY RETURN OF THE RECHEIO TRIPS In the year in which Recheio celebrated its 50th anniversary, the iconic trips returned. Over 200 trips for two to New York and Punta Cana were offered to clients. 46
Slide 47: Street Food Tour
IN REVIEW FOCUS ON THE CLIENT / PARTNERSHIPS STREET Travelling event that visited seven cities between June and November. Recheio joined the FOOD convoy with a food truck, on which local restaurants and cake shops sold their products. TOUR 47
Slide 48: Boa Cama Boa Mesa
IN REVIEW FOCUS ON THE CLIENT / PARTNERSHIPS BOA CAMA BOA MESA Recheio supported the launch of a chatbot, which suggests the best restaurants based on user preference. 48
Slide 49: United against food waste
IN REVIEW SUPPORTING COMMUNITIES Event “UNITED AGAINST FOOD WASTE” Recheio chefs cooked dishes that help fight food waste. Support to the Food Bank 49
Slide 50: Colombia
IN REVIEW COLOMBIA IN REVIEW
Slide 51: Socio-economic environment
IN REVIEW SOCIO-ECONOMIC SOME OBSERVATIONS ENVIRONMENT STRONG GDP GROWTH, ABOVE THE LATIN AMERICAN GDP PRIVATE CONSUMPTION AVERAGE 7.5% 9.5% INFLATION AT 10.2% HIGH FOOD INFLATION, (LATIN AMERICAN AVERAGE 3.9%) (2021: 14.5%) ON TOP OF SIGNIFICANT PRICE INCREASES IN 2021 (2021: 11%) IMPROVEMENT IN TH
Slide 52: Ara
IN REVIEW ARA IN REVIEW
Slide 53: Ara results
IN REVIEW RESULTS +62.1% €60M €156M SALES IN LOCAL CURRENCY EBITDA €1.8 BILLION MARGIN AT 3.4% INVESTMENT (+ 60.5% IN EURO) +35.7% 275 NEW STORES 1,093 LIKE-FOR-LIKE TOTAL STORES OPENING OF THE 1,000TH STORE 53
Slide 54: Recognition of the teams, proximity, communities
IN REVIEW RECOGNITION FOCUS ON THE PROXIMITY SUPPORTING OF THE TEAMS CONSUMER COMMUNITIES 64
Slide 55: Recognition of the teams
IN REVIEW RECOGNITION OF THE TEAMS Pay increases in stores and distribution centres ANNUAL AWARDS: €6.2M 55
Slide 56: Promotional dynamic: leaflets and campaigns
FOCUS ON THE CONSUMER / INTENSE PROMOTIONAL DYNAMIC IN REVIEW 85 PROMOTIONAL LEAFLETS 34 NATIONWIDE CAMPAIGNS 56
Slide 57: Loyalty programmes
FOCUS ON THE CONSUMER / LOYALTY PROGRAMMES IN REVIEW Biggest campaign of the year ran from 30 April to 3 July. Customers exchanged stamps for 6 soft toys in the shape of a fruit or vegetable. Multi-media campaign on TV, in-store, online, leaflets and outdoor advertising. 57
Slide 58: Merca todo en Ara
FOCUS ON THE CONSUMER / CAMPAIGNS IN REVIEW MERCA TODO EN ARA Campaign ran in stores and on digital channels. 58
Slide 59: Inauguration of the 1,000th store
PROXIMITY IN REVIEW INAUGURATION OF THE 1,000 TH STORE 59
Slide 60: Ara in Medellin
PROXIMITY IN REVIEW ARA IN MEDELLIN 60
Slide 61: Private brand
FOCUS ON THE CONSUMER / INNOVATION IN REVIEW PRIVATE 158 105 c.42.5% LAUNCHES RELAUNCHES WEIGHT OF PRIVATE BRAND BRAND ON SALES 61
Slide 62: Supporting communities: social support projects
SUPPORTING COMMUNITIES IN REVIEW €802,000 for social support projects (+62% year-on-year) Support for 23 organisations and more than 38,000 people. 62
Slide 63: Hebe
IN REVIEW HEBE IN REVIEW
Slide 64: Hebe results
IN REVIEW RESULTS +32.2% €32M 30 SALES IN LOCAL CURRENCY EBITDA STORE OPENINGS €358 MILLION MARGIN AT 9% (315 STORES IN TOTAL) (+28.7% IN EUROS) 5.9 MILLION INAUGURATION OF THE 300TH STORE ONLINE ACCOUNTS FOR 14% LOYALTY CARDS OF TOTAL SALES INTERNATIONALISATION OF ONLINE SALES TO CZECHIA AND SLOVAK
Slide 65: Proximity, online sales, communities
IN REVIEW PROXIMITY FOCUS ON THE FOCUS ON SUPPORTING CONSUMER ONLINE SALES COMMUNITIES 65
Slide 66: Inauguration of the 300th store
IN REVIEW PROXIMITY INAUGURATION OF THE 300TH STORE FREE MAKE-UP AND BEAUTY SESSIONS Gift baskets for OUTSIDE THE STORE the first 300 customers WITH PARTNER BRANDS 66
Slide 67: Magazine
FOCUS ON THE CONSUMER / CAMPAIGNS IN REVIEW MAGAZINE Print run: 100,000 copies per month 67
Slide 68: Private brand
FOCUS ON THE CONSUMER / INNOVATION IN REVIEW PRIVATE 6,015 67 EXCLUSIVE PRIVATE BRAND BRAND BRAND PRODUCTS LAUNCHES (TOTAL: 471) HEBE COSMETICS PRIVATE BRAND AWARDED – “BEST PRODUCT 2022 – CONSUMERS' CHOICE” 68
Slide 69: Marketplace
FOCUS ON ONLINE SALES IN REVIEW MARKETPLACE Launch of the Hebe Partner programme on the hebe.pl website 69
Slide 70: Internationalisation of online operations
FOCUS ON ONLINE SALES IN REVIEW INTERNATIONALISATION OF ONLINE OPERATIONS Czechia (November) Slovakia (December) Campaign on TV Outdoor advertising in major Czech and Slovak cities 70
Slide 71: Online audience and social media
FOCUS ON ONLINE SALES IN REVIEW 190,000 3.5 MILLION INSTAGRAM USERS PER MONTH (SITE AND APP) FOLLOWERS 82,000 YOUTUBE FANS 581,000 FACEBOOK FANS 71
Slide 72: Mother's Day and community support
SUPPORTING COMMUNITIES IN REVIEW Partnership with the One Day Foundation MOTHER’S DAY Collaboration with the Mama "FIND YOURSELF WITH HEBE" Superbohaterka programme of the Veritas Foundation, with the donation of c.4,600 cosmetics products to 230 single mothers in 15 shelters. Launch of an innovativ
Slide 73: Agribusiness
IN REVIEW AGRIBUSINESS IN REVIEW
Slide 74: 10,000 Angus cattle sold
AGRIBUSINESS IN REVIEW CATTLE 10,000 ANGUS CATTLE SOLD FARMS: Monte Trigo Cartaxo LAUNCH OF Manhente “BEST FARMER” BRAND ANGUS BEEF IN THE HORECA CHANNEL 74
Slide 75: Cattle and milk production
AGRIBUSINESS IN REVIEW CATTLE All our farms are certified 14,500 65% TONNES OF FEED animal welfare approved and for our livestock is produced of by-products of for responsible use of antibiotics. agricultural production by us or included in animal feed. by local partners 10.5 MILLION LITRES of milk
Slide 76: Sheep: lambs sold
AGRIBUSINESS IN REVIEW SHEEP Production in the Fundão region 35,000 LAMBS SOLD ANIMAL WELFARE APPROVED
Slide 77: Fruit & vegetables
IN REVIEW FRUIT & ORGANIC VEGETABLES SEEDLESS GRAPES COMPLETION OF PHASE 2: 80 PLANTING OF ORGANIC ORANGES PROJECT FOR PLANTING ha 125 IN THE ALENTEJO REGION First harvest ha expected in 2024 (Joint production) IN THE ALENTEJO REGION First harvest expected in 2025 (Joint production) 77
Slide 78: Milk production and Terra Alegre
AGRIBUSINESS IN REVIEW 83 MILLION LITRES OF MILK PRODUCED IN OUR FACTORY FOR PINGO DOCE AND RECHEIO TERRA ALEGRE OBTAINED CERTIFICATION IN WORKPLACE HEALTH AND SAFETY ISO 45001:2018 78
Slide 79: Start of operations in Vila Real de Santo António
AGRIBUSINESS IN REVIEW 1,300 START OF OPERATIONS TONNES of sea bream and sea bass sold IN VILA REAL SITES: MADEIRA, SINES AND MOROCCO DE SANTO ANTÓNIO Estimated production: 1,500 tonnes in 2025 Acquisition of 10.1% of Andfjord Salmon. Innovative and sustainable salmon production in Norway. 79
Slide 80: Investment
IN REVIEW INVESTMENT IN REVIEW
Slide 81: Beneficiaries of the investment
INVESTMENT IN REVIEW BENEFICIARIES 13% OF THE INVESTMENT 1,013 15% 48% € M INVESTED IN THE YEAR BIEDRONKA PINGO DOCE ARA 5% OTHER RECHEIO 19%
Slide 82: Allocation of the investment
INVESTMENT IN REVIEW ALLOCATION OF THE INVESTMENT 1,013 21.3% 36.3% € M REFURBISHMENTS EXPANSION MAINTENANCE & OTHERS 42.5%
Slide 83: Analysis of results
IN REVIEW ANALYSIS OF RESULTS IN REVIEW
Slide 84: Consolidated results
ANALYSIS OF RESULTS IN REVIEW (MILLION €) 2022 2021 CONSOLIDATED Consolidated Net Sales +21.5% 25,385 20,889 RESULTS excl. f/x +23.9% (IFRS 16) EBITDA +17% excl. f/x 1,854 +19.7% 1,585 EBITDA margin 7.3% 7.6% JM net income 590 +27.5% 463 Net income / Share 0.94 0.74 (euro) Net Debt* 1,360 1,320 *Exc
Slide 85: Contribution to sales
ANALYSIS OF RESULTS IN REVIEW CONTRIBUTION 69.3% TO SALES BIEDRONKA CONSOLIDATED PINGO DOCE SALES €25.4B ARA 17.7% RECHEIO HEBE OTHERS AND ADJUSTMENTS 7.0% 4.6% 1.4% 0.1% 85
Slide 86: Contribution to EBITDA
ANALYSIS OF RESULTS IN REVIEW 83.1% CONTRIBUTION TO EBITDA (IFRS 16) BIEDRONKA CONSOLIDATED PINGO DOCE EBITDA ARA RECHEIO HEBE €1.9B OTHERS AND ADJUSTMENTS 14.3% 3.2% 3.2% 1.7% -5.5% 86
Slide 87: Proposed dividend
IN REVIEW IN ALIGNMENT WITH OUR DIVIDEND POLICY, THE BOARD OF DIRECTORS WILL PROPOSE TO THE SHAREHOLDERS’ GENERAL MEETING THE PAYMENT OF 345.6 MILLION EUROS AS DIVIDENDS, CORRESPONDING TO 0.55 EUROS PER SHARE (GROSS AMOUNT). IN REVIEW 87
Slide 88: We drive responsible and sustainable growth
IN REVIEW WE DRIVE RESPONSIBLE AND SUSTAINABLE GROWTH IN REVIEW 88
Slide 89: Pillars of corporate responsibility
5 IN REVIEW PILLARS OF CORPORATE PROMOTING GOOD HEALTH THROUGH FOOD RESPECTING THE ENVIRONMEN T RESPONSIBILITY SUPPORTING SOURCING SURROUNDING RESPONSIBLY COMMUNITIES BEING A BENCHMARK EMPLOYER 89
Slide 90: The three enemies of individual and public health
PROMOTING GOOD HEALTH THROUGH FOOD IN REVIEW THE THREE “ENEMIES” Nutritional reformulations of private brand products in the 3 countries OF INDIVIDUAL AND PUBLIC HEALTH -271 -753 -121 TONNES TONNES TONNES OF FAT* OF SUGAR OF SALT *includes saturated fat GLUTEN-FREE REFERENCES INCREASED BY 26% AND LA
Slide 91: Extension of the brand to food
PROMOTING GOOD HEALTH THROUGH FOOD IN REVIEW EXTENSION OF THE Launch BRAND TO FOOD GO ACTIVE PRODUCTS Seven new products developed together Launch of pre-cooked meals and desserts with the Pingo Doce nutrition and fitness under the Dada brand, a Biedronka private teams for consumers who lead an acti
Slide 92: Efficient resource and materials management
RESPECTING THE ENVIRONMENT IN REVIEW EFFICIENT 413 NEW ECODESIGN RESOURCE PACKAGING PROJECTS AND MATERIALS IMPLEMENTED MANAGEMENT 4,716 tonnes of plastic avoided in 2022 (36,247 tonnes since 2011) 92
Slide 93: Packaging examples
RESPECTING THE ENVIRONMENT IN REVIEW EXAMPLES The bottles of two Wyborny cooking oil Ara replaced plastic references are now wrapping with paper The packaging film of five made from 51% straps in 3 rubbish Amanhecer toilet paper recycled PET bag references. products are now produced avoiding the use
Slide 94: Ranked leading global food retailer by CDP
RESPECTING THE ENVIRONMENT IN REVIEW JERÓNIMO MARTINS RANKED LEADING GLOBAL FOOD RETAILER BY CDP CDP again evaluated the Group with an ‘A’, the highest score, under ‘climate change’ and ‘water security’. Also, as regards fighting deforestation, the Group is the only food retailer in the world to sco
Slide 95: Investment in renewable energy, decarbonising logistics
RESPECTING THE ENVIRONMENT IN REVIEW INVESTMENT DECARBONISING IN RENEWABLE ENERGY LOGISTICS Biedronka increased the First Lean & Green star for number of stores with Biedronka for its 20% photovoltaic solar energy reduction of carbon emissions production units from 8 to 118. in logistics activities
Slide 96: Respecting the environment
RESPECTING THE ENVIRONMENT IN REVIEW 100% of distribution centres in mainland Portugal now have ISO 14001 environmental certification. Biedronka has ISO 14001 environmental certification at 100% of its distribution centres and at the soup factory. 96
Slide 97: Local suppliers
SOURCING RESPONSIBLY IN REVIEW LOCAL SUPPLIERS >90% POLAND >80% PORTUGAL >95% COLOMBIA 97
Slide 98: Sourcing from local farmers
SOURCING RESPONSIBLY IN REVIEW SOURCING FROM LOCAL Biedronka 160 regional suppliers (+97 vs 2021) FARMERS delivered around 87,000 tonnes of fruit and vegetables (+77,000 vs 2021). Pingo Doce An additional +1,000 tonnes of cherries, apples and kiwis sourced from domestic production ( +8% vs 2021). 98
Slide 99: Measures to support small and medium-sized producers
SOURCING RESPONSIBLY IN REVIEW MEASURES TO SUPPORT SMALL AND MEDIUM-SIZED PORTUGAL We continued to make early payment PRODUCERS to small and medium-sized perishables farmers who are members of the Confederation of Portuguese COLOMBIA Farmers. We continued the initiative that enables suppliers to rec
Slide 100: Sustainability certification
SOURCING RESPONSIBLY IN REVIEW SUSTAINABILITY CERTIFICATION Launch of 137 certified sustainable private brand and perishable products and/or packaging Total of 906 references 100
Slide 101: 22,000 tonnes of food products donated
SUPPORTING SURROUNDING COMMUNITIES IN REVIEW 22,000 TONNES MORE THAN €82 MILLION (+32% VS OF FOOD PRODUCTS 2021) IN DIRECT SUPPORT TO OVER DONATED 2,000 ORGANISATIONS 101
Slide 102: Support for Ukrainian refugees
SUPPORTING SURROUNDING COMMUNITIES IN REVIEW SUPPORT FOR THE HOLDING COMPANY donated €5 million to 5 organisations: The Red Cross, Caritas, Humanitarian UKRAINIAN Action, Medical Mission and SOS Children's Villages in Poland. REFUGEES BIEDRONKA donated €1.2 million in food and cash to 94 organisatio
Slide 103: Being a benchmark employer
BEING A BENCHMARK EMPLOYER IN REVIEW 131,094 €289M total number of in awards and employees other recognition 7,636+ vs 2021 measures +33% vs 2021 21,286 € 18M employees invested promoted in training (+47.4% vs 2021) Hybrid training model The Group was listed in the Bloomberg Gender-Equality Index fo
Slide 104: Social responsibility programmes for employees
BEING A BENCHMARK EMPLOYER IN REVIEW 35M € invested in social responsibility programmes to support employees and their families (+38% vs 2021) PORTUGAL AND POLAND EDUCATION HEALTH FAMILY WELL-BEING More than 1,200 HEALTHCARE PROGRAMMES FOR More than 8,500 COMPUTERS OFFERED TO THE EMPLOYEES AND THEIR
Slide 105: Inauguration of the Porto Incluir Centre
BEING A BENCHMARK EMPLOYER IN REVIEW INAUGURATION OF THE PORTO INCLUIR CENTRE The Group’s second centre in Portugal dedicated to social innovation to boost the employability of people with disabilities. OVER €815,000 INVESTED 105
Slide 106: Immediate aid for Ukrainian employees
BEING A BENCHMARK EMPLOYER IN REVIEW IMMEDIATE AID FOR UKRAINIAN EMPLOYEES Under the programme Możesz Liczyć (You can count on Biedronka), more than 1,300 Ukrainian employees received an extraordinary payment of 1,000 złoty (c.€213), in an investment of c.€300,000. A mental health helpline was also
Slide 107: Recruitment and integration of Ukrainian employees
BEING A BENCHMARK EMPLOYER IN REVIEW RECRUITMENT AND INTEGRATION OF UKRAINIAN EMPLOYEES Biedronka developed: • content and recruitment channels for the Ukrainian population; • onboarding materials, communication and operation processes, such as store checkout, in Ukrainian; • internal channels with
Slide 108: Profitability + responsibility
IN REVIEW PROFITABILITY + RESPONSIBILITY 50 ESG analysts and investors continuously monitor performance Listed on more than 120 international sustainability indices 108
Slide 109: Outlook for 2023
IN REVIEW OUTLOOK FOR 2023 IN REVIEW
Slide 110: Estimated investment and planned openings for 2023
IN REVIEW TOTAL ESTIMATED INVESTMENT: ABOUT ONE BILLION EURO (45% IN BIEDRONKA) MAIN ALLOCATIONS: Planned openings: 130 - 150 Biedronka stores (net) c.10 Pingo Doce stores c.200 Ara stores c.30 Hebe stores Planned refurbishments: c.350 Biedronka stores c.60 Pingo Doce Stores 110
Slide 111: In Review - 2022 Results
IN REVIEW IN REVIEW 22 March 2023 2022 RESULTS RELEASE HERE