Grupo Comercial Chedraui Sab De Cv Class B · BMV:CHDRAUI/B
Grupo Comercial Chedraui Sab De Cv Class B — Grupo Comercial Ched Ord — Q4 2025 Earnings Presentation
13 slides from Grupo Comercial Chedraui Sab De Cv Class B's earnings presentation, Feb 25, 2026
Slide 1: Financial Results 2025
Chedraui ANCIAL RESULTS 20 25 Febrero 2026
Slide 2: Disclaimer
[ae Wi 2 O 2 a a <{ O ul a - This material has been prepared solely for informational purposes and is not to be construed as a solicitation or an offer to buy or sell any securities and should not be treated as giving investment advice. No representation or warranty, either express or implied, is pr
Slide 3: Presenters: José Antonio Chedraui and Carlos Smith
José Antonio Chedraui CEO of Grupo Comercial Chedraui Carlos Smith CEO of Chedraui USA 4 Chedraui
Slide 4: Key Highlights for Fourth Quarter Results
KEY HIGHLIGHTS FOR FOURTH QUARTER RESULTS Chedraui Mexico's Same Store Sales grew 3.0% in the fourth quarter of 2025 and surpassed ANTAD's 1.4% growth for Consolidated EBITDA margin increased 101 basis points (bps) to 8.6% and 7 bps to 7.7% including extraordinary Chedraui USA's EBITDA margin increa
Slide 5: Consolidated Results for the Fourth Quarter
CONSOLIDATED RESULTS FOR THE FOURTH QUARTER Consolidated Sales declined 3% mainly as a result of a 10% appreciation of the MX Peso -3.0% 77,582 75,221 million million 80,000 70,000 60,000 50,000 40,000 30,000 20,000 10,000 ° 4Q-24 4Q-25 Figures in Million of Mexican Pesos Consolidated EBITDA excludi
Slide 6: Consistency of Our Long-Term Financial Results
CONSISTENCY OF OUR LONG-TERM FINANCIAL RESULTS Long-term growth strategy Long-term profitability has is consistent with an benefitted from M&A increase in Net Income CAGR activity and organic growth for the last 4-years & 6,620 160% million 13.0% 4-years CAGR 17.4% 12.0% 167 bps 11.3% 10.0% 8.0% 6.0
Slide 7: Chedraui Mexico Fourth Quarter Highlights
CHEDRAUI MEXICO FOURTH QUARTER HIGHLIGHTS SSS for 22" consecutive E-commerce penetration quarters surpassed increased 70 bps to 3.9% of ANTAD Chedraui Mexico Sales % % 5.0% , 3.9% “ 3.2% +70 bps 3.0% 2.0% 1.0% —-ANTAD ——CHEDRAUI 0.0% SHARTANAANARRK AAA HRA YEU A AN AAA KANAKAA AAA AAAS 4Q-24 4Q-25 G
Slide 8: Chedraui Mexico Fourth Quarter Highlights
CHEDRAUI MEXICO FOURTH QUARTER HIGHLIGHTS Total Sales grew 6.9% - higher SSS and a 4.4% floor expansion +6.9% % 36,058 38,534 40,000 ‘Million million 4Q-24 4Q-25 Figures in Million of Mexican Pesos EBITDA margin stood at 8.7% excluding extraordinary items 3,271 million 4Q-24 4Q-25 = EBITDA EBITDA ma
Slide 9: Chedraui USA Fourth Quarter Highlights
CHEDRAUI USA FOURTH QUARTER HIGHLIGHTS SSS growth impacted by softer consumption trends in California and Texas due to stricter immigration enforcement shutdown Total Sales in Mexican pesos declined due to FX conversion and soft consumption trends 41,524 36,687 million [ -11.6% | mnillion 4Q-25 -2.8
Slide 10: Chedraui USA Fourth Quarter Highlights
CHEDRAUI USA FOURTH QUARTER HIGHLIGHTS EBITDA margin increased 178 bps EBITDA margin expansion excluding accruals for liability claims 3,500 1S 85% nr s = 3,000 , 8 2 Ox 9.0% Bo 5 ‘ 2,500 k 8.0% g TT Fa 2 8 75% eS 8 @ S 2,000 2,523 7.0% ry oe Smart & Final million 1,500 7.0% 6.0% 1,000 3.8% 5.0% 764
Slide 11: Consolidated Financial Results for the Fourth Quarter
CONSOLIDATED FINANCIAL RESULTS FOR THE FOURTH QUARTER © . /q 02 /¢ = Consolidated Sales 75,221 77,582 -3.0 Operating Income 3,403 3,453 “14 19.0 cogs 57,802 60,645 -4.7 Financing Expenses 1,608 + 1,607 «0.0 Gross Profit 17,420 16,937 2.9 a ao 19 6 236 Sales 23.2% 21.8% Income Before Taxes 1,814 1,85
Slide 12: Financing & Capex 2025
FINANCING & CAPEX 2025 8,466 os million sd 04 -6,923 oon 02 million 1.000 0.0 -1,000 0.2 -3,000 “0.4 -5,000 -0.6 -7,000 Dec-21 Dec-22 Dec-23, Dec-24 Dec-25 BB Total — Net Debt (cash) Net Debt to EBITDA (cash) 15,828 9.0% million 7.0% 11,454, million 5.0% 3.0% 1.0% 2021 2022 2023 2024 i ECAPEX — AS%s
Slide 13: Please contact our IR team
ition, please contact our IR team: ARTURO VELAZQUEZ avelazqueéz@chedraui.com.mx FABIOLA B. MOLINA fbmaofima@chedraui.com.mx
Grupo Comercial Ched Ord — Q4 2025 Earnings Presentation on 6ix