Koninklijke Ahold Delhaize N.v. · EURONEXT:AD

Koninklijke Ahold Delhaize — Q1 2016 Earnings Presentation

12 slides from Koninklijke Ahold Delhaize's earnings presentation, Jun 1, 2016

1. Slide 1: First quarter 2016 results

   First quarter 2016 results June 1, 2016

2. Slide 2: Group highlights Q1 2016

   Group highlights Q1 2016  4.3% increase in Q1 Group sales to €11.8 billion (up 3.5% at constant exchange rates)  Continued strong online sales growth, net consumer sales up 27.4% at constant exchange rates  Underlying operating margin of 3.8% (Q1 2015: 3.5%)  15.1% increase in Group underlying o

3. Slide 3: Group performance

   Group performance (in millions of euros) Quarter 1 2016 2015 Change Change*  Strong start to the year following Net sales 11,769 11,289 4.3% 3.5% solid store operations and continued Net sales excl gas 4.3% strong growth in online  Net sales excluding gas at constant Underlying operating income 44

4. Slide 4: Performance by segment

   Performance by segment (in millions of euros) Quarter 1 Ahold USA The Netherlands Czech Republic 2016 Change* 2016 Change 2016 Change*  Strong net sales excluding gas as a Net sales 7,308 3.0% 3,933 4.9% 528 0.4% result of the addition of 25 stores in the NYM market and strong online Net sales excl

5. Slide 5: Operating cash flow generation

   Operating cash flow generation (in millions of euros) Quarter 1 2016 2015 Change  Strong free cash flow delivered in Operating cash flow* 740 669 71 the quarter  Positive change in working capital Change in working capital (90) (216) 126 as last year’s change in payables were impacted by the timin

6. Slide 6: Business highlights: Ahold USA

   Business highlights: Ahold USA Ongoing journey of investments Peapod making progress to in quality, service and price Focus on sustainability deliver good growth  New produce departments  100% sustainably sourced fresh  New Jersey facility operations introduced in over 550 stores seafood availabl

7. Slide 7: Business highlights: the Netherlands

   Business highlights: the Netherlands Focus on quality and assortment Customer loyalty programs Continued strong sales growth to meet customer needs driving increased traffic over 30% at bol.com and ah.nl  Quality of >400 own-brand products  Successful campaigns: cutlery  Kids’ apparel and materni

8. Slide 8: Business highlights: Czech Republic

   Business highlights: Czech Republic Continued focus on being the Best Store in Town Focus on loyalty  Supermarkets continued to perform strongly  Positive performance over Easter resulted in continued strong customer perception scores in Q1  Sales recovery at larger former SPAR stores after imple

9. Slide 9: Good progress getting ready for Day 1

   Good progress getting ready for Day 1 Merger on track  Nearly 100% shareholder approval at both EGM’s  Belgian competition authority approval received  US regulatory review underway  Head office organization ready for Day 1  Key integration work streams well on track  Completed first joint mee

10. Slide 10: Cautionary notice

    Cautionary notice This communication contains forward-looking statements, which do not refer to historical facts but refer to expectations based on management’s current views and assumptions and involve known and unknown risks and uncertainties that could cause actual results, performance, or events

11. Slide 11: Q&A

    Q&A

12. Slide 12: Thank you

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