Slide 1: Earnings Presentation 2Q-2024
Earnings Presentation 2Q-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 2Q24
Highlights 2Q24
Slide 4: Our retailers are beginning to recover topline growth
Our retailers are beginning to recover topline growth Revenue Var (%, vs 2Q23) (local currency) 6,8% 18,8% 13,0% 4,1% 1,1% 2,3% 2,0% 0,7% 0,4% 1,3% 2,0% 0,0% Chile Peru Colombia -3,6% Chile Peru Colombia Chile Peru Chile Peru Colombia Mexico Brazil GMV Var (%, vs 2Q23) Online 16% 42% 5% 23% Penetrat
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 -4% 6.702 6.636 6.766 6.745 6 6.434 4 2 0 2Q23 3Q23 4Q23 1Q24 2Q24 2Q23 3Q23 4Q23 1Q24 2Q24 Credit card & passive account openings (#) Credit & debit card pu
Slide 6: Summary Financials (US$ MM)
Summary Financials (US$ MM) 2Q23 % revenues 2Q24 % revenues Var (%) Total sales Total sales 2.866 2.943 3% GMV Online 636 682 7% GMV own products (1P) 485 513 6% GMV third-party products (3P) 151 169 12% Total sales of physical stores 2.230 2.261 1% Financial Results Non-Banking Revenue 2.351 82,6%
Slide 7: We continue to advance in our plan to improve our financial position
We continue to advance in our plan to improve our financial position Deepen the savings Monetization Plan of achieved in 2023 and Focus noncore assets continue to strengthen CAPEX 2024 (vs 2023) our margins ✓ Sale of Open Plaza Kennedy (in ✓ Corporate efficiencies ✓ 2024 Investment Plan considers a
Slide 8: Our strategy has allowed us to continue improving
EBITDA (US$ MM) 11,2% 10,0% 10,4% 9,4% 344 Our strategy has 8,0% 309 6,8% 6,7% 309 314 6,0% 5,2% allowed us to 259 4,6% 238 continue improving 189 192 149 134 1Q22 2Q22 3Q22 4Q22 1Q23 2Q23 3Q23 4Q23 1Q24 2Q24 our profitability 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 144% 98 244 338 220 215 1.041 36 82 755 427 Cash - 2Q23 EBITDA (ex Working Taxes CAPEX Cash Flow Net Interest Debt Others Cash - 2Q24 IFRS 16) Capital - Banco Falabella Chile 9 Note: Working Capi
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 We continue to 2,9 1Q22 2Q22 3Q22 4Q22 1Q23 2Q23 3Q23 4Q23 1Q24 2Q24 strengthen our financial position Debt Maturity Profile (US$ Debt Maturity Profile (US$ MM) million) Non-banking businesses, after hedging derivatives 2.833 535 498 40
Slide 11: Falabella agrees to sell Open Plaza Kennedy to Parque Arauco for US$200 million
Falabella agrees to sell Open Plaza Kennedy to Parque Arauco for US$200 million Overview of the Transaction Assets ▪ Open Plaza Kennedy shopping Involved center (Las Condes, Chile) ▪ Company that operates the Courtyard by Marriott Hotel within the same complex Valuation ▪ ~US$200 MM (UF4.8 MM) ▪ EV
Slide 12: Key takeaways
Key takeaways 1. Our strategy, focused on our customer and in operational efficiencies, continues to deliver results We increased our net profit and EBITDA by more than 2 times, reaching an EBITDA margin of 11.2% 2. Our financial strengthening plan is progressing steadily Non-banking business levera
Slide 13: Investor contact
E-mail inversionistas@falabella.cl Website investors.falabella.com