Cencosud Shopping Sa · BCS:CENCOMALLS
Cencosud Shopping Sa — Investor Presentation (November 2024)
25 slides from Cencosud Shopping Sa's investor presentation, November 2024
Slide 1: Corporate Presentation Third Quarter 2023
Corporate Presentation Third Quarter 2023 Presentación Corporativa 1T21 - CENCOSUD SHOPPING | 11
Slide 2: Schedule
Corporate Presentation 3Q23 Schedule 01 About 02 Corporate 03 Business Cencosud Strategy Structure Shopping 04 Expansion Plan |2
Slide 3: About Cencosud Shopping
01 About Cencosud Shopping Presentación Corporativa 1T21 - CENCOSUD SHOPPING |3
Slide 4: Key Figures
1.1 Key Figures LTM as of September 2023 +2.000 Stores in 115 Million Visits(1) 90.8% 40 Shopping Centers NOI Margin 33 4 3 98.4% 1,344,894 m2 Occupancy Rate Leasable Area (GLA) 20 US$ 5.148 Mn US$ 3.828 Cities Tenant Sales Annual Tenant Sales / +1.4 MM sqm Followers on social media(2) (1) The visit
Slide 5: CencoShopp at a Glance
Corporate Presentation 3Q23 1.2 CencoShopp at a Glance Key Figures(1) Ownership Structure(2) LTM Sept 23 Year 2022 GLA (Sqm) 1,344,894 1,346,312 3.2% 2.8% Tenant sales (US$ Mn) 5,148 5,004 Controlling Group 19.5% 2.1% Pension Fund Revenues (US$ Mn) 370 329 Foreigners Visits (Mn) 115 111 Stockbrokers
Slide 6: Diversified Business by Format, focused in Chile
Corporate Presentation 3Q23 1.3 1.3 Diversified Business by Format, focused in Chile GLA por País (3) 3.8% COLOMBIA 4.8% Chile • 2 Shopping Centers Peru • 2 Power Centers Colombia • Land Bank (70,792 sqm) PERU 91.4% • Total GLA: 64,893 sqm • 1 Shopping Center • 2 Power Centers • Land Bank (16,254 GL
Slide 7: Organizational Structure & Board of Directors
Corporate Presentation 3Q23 1.4 1.4 Organizational Structure & Board of Directors Directorio Organizational Structure Directorio Nombre Cargo Manfred Paulmann Koepfer Chairman Peter Paulmann Koepfer Director Stefan Krause Niclas Director José Raúl Fernandez Director Independent Rafael Fernandez Mora
Slide 8: Corporate Strategy
02 Corporate Strategy Presentación Corporativa 1T21 - CENCOSUD SHOPPING |8
Slide 9: Strategic Differentiation: Key Factors
Corporate Presentation 3Q23 2.1 2.1 Strategic Differentiation: 5 Key Factors Strategy based on 4 pillars 1 • Customer Knowledge • Innovation • Entrepreneurship and Sustainability • Growth and Profitability. Value proposition 2 A value proposition distinguished by its premium quality, strategically l
Slide 10: Strategic Pillars
Corporate Presentation 3Q23 2.2 3.1 Strategic Pillars ENTREPRENEUR CUSTOMER SHIP AND KNOWLEDGE SUSTAINABILITY GROWTH AND Develop competitive PROFITABILITY B2B Lead the industry advantages to by generating a maximize sales and Maximize GLA INNOVATION positive impact on placement. Assess revenue throu
Slide 11: Customer-Centric Culture
Corporate Presentation 3Q23 3. 2.3 4 Customer-Centric Culture Understanding the needs of the target audience GLA Breakdown by Category (Sept 2023) with a focus on enhancing the customer experience Entertainment Vacancy Services, Offices, 7.2% Continuous monitoring of visitor needs and and Hotel 1 de
Slide 12: Cost Efficiency and Economies of Scale
Corporate Presentation 3Q23 2.4 Cost Efficiency and Economies of Scale 1 2 3 Efficient management Benefits of the of Shopping Center Design, Capex, and relationship with expenses maintenance costs Cencosud • Transfer of common area costs • Single charge for the initial • Optimization in contracting
Slide 13: Sustainability Pillars
Corporate Presentation 3Q23 3. 2.5 2 Sustainability Pillars CORPORATE PEOPLE PROPERTY PLANET GOVERNANCE 1. Corporate Governance 1. Employees 1. Quality and Safety 1. Environmental Impacts of 2. Compliance 2. Tenants and Customers 2. Innovation and Experience Operations 3. Ethical Management 3. Commu
Slide 14: Business Structure
03 Business Structure Presentación Corporativa 1T21 - CENCOSUD SHOPPING | 14
Slide 15: Resilient Revenues Structure
Corporate Presentation 3Q23 3.1 4.1 Resilient Revenues Structure as of 3Q23 Revenues Composition Contract Durations Variable Rent 71.5% 10.0% Others 12.2% 11.5% 5.8% 7.8% 3.3% Less than 2 Between Between Between More 77.8% 2 and 3 3 and 4 4 and 5 than 5 Fixed Rent Occupancy 98.4% 71.5% 11.3 years Ex
Slide 16: Key Portfolio Asset Metrics
Corporate Presentation 3Q23 4. 3.2 2 Key Portfolio Asset Metrics Participation By Third and Related Parties in Revenues and GLA Occupancy(2) Visits(3) Related Third ('000) Chile 99.0% 111,496 77,8% Peru 94.9% 3,071 72,9% 65,7% 65,7% Colombia 90.9% N.A. 58,4% Total 98.4% 114,568 49,2%50,8% 41,6% Sale
Slide 17: Sólida Posición Financiera
Corporate Presentation 3Q23 4. 3.3 4 Sólida Posición Financiera • The Company has the lowest Net Financial Debt/Adjusted EBITDA ratio in the sector as of SEPT 23 CLP Mn US$ Mn(1) September 2023 Total Assets 4,197,684 4,687 • 100% of the debt is contracted at a fixed Equity 2,773,977 3,097 interest r
Slide 18: Cash Flow Generation
Corporate Presentation 3Q23 3.4 Cash Flow Generation september 2023 vs december 2022 Cash increased 64.6% since December 2022, enabling the Company to continue with its Investment Plan for 2023- 2027 The cash flow from operating activities for the 9M23 period has been 9.8% v higher than the 9M22 per
Slide 19: Expansion Plan
04 Expansion Plan Presentación Corporativa 1T21 - CENCOSUD SHOPPING | 19
Slide 20: Plan de Crecimiento: Brownfield Development Strategy
Corporate Presentation 3Q23 3. 4.1 6 Plan de Crecimiento: Brownfield Development Strategy 1 Limonar Remodeling and expansion of the Limonar shopping center (Cali, Colombia), allowing for an additional 12,500 sqm of GLA • New outdoor gastronomic and entertainment terrace • 3,300 sqm of common areas •
Slide 21: Plan de Crecimiento: Brownfield Development Strategy
Corporate Presentation 3Q23 3. 4.2 6 Plan de Crecimiento: Brownfield Development Strategy 4 Rancagua 6 Alto Las Condes • The project for Portal Rancagua aims to consolidate • The gastronomic proposal at Alto Las Condes will be this space by expanding the GLA from 43,700 sqm to revitalized with a new
Slide 22: Plan de Crecimiento: Brownfield Development Strategy
Corporate Presentation 3Q23 3. 4.3 6 Plan de Crecimiento: Brownfield development Strategy Costanera Center: Ground Floor (Ring) Gastronomic Expansion The circuit on the ground floor of Costanera Center was • The expansion includes 6 new restaurants and a Food completed, optimizing the Easy store spa
Slide 23: Expansion Plan: Greenfield Initiatives
Corporate Presentation 3Q23 3. 4.4 6 Expansion Plan: Greenfield Initiatives 1 La Molina The project in Peru has obtained its operating license and opened its doors to the public: • The new shopping center will be the largest and most modern in the district, with over 36,000 sqm of leasable area and
Slide 24: Disclaimer
Corporate Presentation 3Q23 Disclaimer The information contained in this presentation has Cencosud Shopping and its respective subsidiaries, been prepared by Cencosud Shopping S.A. directors, and employees do not take accountability (“Cencosud Shopping”) for informational purposes for any loss or ha
Slide 25: Presentación Corporativa 1T21 - CENCOSUD SHOPPING
Presentación Corporativa 1T21 - CENCOSUD SHOPPING | 25
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