Falabella S.a. · BCS:FALABELLA
Falabella — Investor Presentation (December 2024)
23 slides from Falabella's investor presentation, December 2024
Slide 1: Corporate Presentation 4Q-2024
Corporate Presentation 4Q-2024 1
Slide 2: Cautionary Statement
Cautionary Statement This document contains "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. These statements use words, and
Slide 3: Physical and Digital ecosystem with diversified presence across Latin America
Physical and Digital ecosystem with diversified presence across Latin America Key Financial Figures1 US$ 11.2 Bn2 (+11% YoY) Retailers Revenue US$ 662 MM1 (+13% YoY) Third-party sales (3P) US$ 12.2 Bn US$ 496 MM1 Total Revenue (+18% YoY) Mallplaza Revenue US$ 2.6 Bn US$ 6.4 Bn3 Online GMV (flat YoY)
Slide 4: Constantly evolving to meet our customers’ demands
Constantly evolving to meet our customers’ demands Born over 135 years ago as a tailor shop, built a powerful model with important synergies, based on the virtuous circle between retail, financial services and malls Organic Initiatives 1980 1993 1999 2006 2015 2018 2021 2023 Falabella entered Integr
Slide 5: Physical and Digital ecosystem with diversified presence
Home Improvement* 89 55 45 15 52 7 4 (# of stores) Physical and Digital Falabella Retail (# of stores) 44 35 26 ecosystem with Tottus diversified presence (# of stores) 73 90 across Latin America Financial Services (# of active credit 3.1 1.1 1.3 0.5 card, MM) Real Estate* (# of malls) 27 15 5 * Hom
Slide 6: Contribution breakdown
Contribution breakdown MIX BY COUNTRY MIX BY GROWTH ENGINE Sodimac 38% 26% US$ 5.3 billion Revenue EBITDA Mexico revenue 2% Revenue 1% EBITDA Colombia Falabella Retail 26% 12% 17% Revenue US$ 3.5 billion Revenue EBITDA 15% EBITDA revenue Peru Tottus 17% 11% 26% Revenue Brazil 2% Revenue US$ 2.4 bill
Slide 7: Our strategy
Our strategy
Slide 8: Our virtuous cycle results from our omnichannel retail and financial services
Our virtuous cycle results from our omnichannel retail, • Sodimac and financial services • Banco Falabella • Mallplaza leveraging each other to • Falabella • Sodimac • Falabella.com • CMR Falabella • IKEA grow 36 million • Sodimac Total Customers +20 thousand • Sodimac • Banco Falabella Sellers • Ma
Slide 9: Highlights 4Q24
Highlights 4Q24
Slide 10: Our retailers are maintaining their momentum in recovering topline growth
Our retailers are maintaining their momentum in recovering topline growth Revenue Var (%, vs 4Q23) (local currency) 1 167,5% 13,1% 12,4% 12,0% 12,4% 10,2% 8,4% 13,2% 10,3% 7,9% 7,8% 7,0% 0,3% Chile Peru Chile Peru Colombia Chile Peru Colombia Mexico Brazil Chile Peru Colombia GMV Online Var (%, vs 4
Slide 11: 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 0% 9% 6.412 6.392 6.433 6 6.098 5.894 4 2 0 4Q23 1Q24 2Q24 3Q24 4Q24 4Q23 1Q24 2Q24 3Q24 4Q24 Credit card & passive account openings (#) Credit & debit card
Slide 12: Summary Financials (US$ MM)
Summary Financials (US$ MM) 4Q23 % revenues 4Q24 % revenues Var (%) Total sales Total sales 3.214 3.507 9% GMV Online 743 798 7% GMV own products (1P) 549 584 6% GMV third-party products (3P) 194 214 10% Total sales of physical stores 2.471 2.709 10% Financial Results Non-Banking Revenue 2.663 85,0%
Slide 13: Our strategy has allowed to enhance profitability across our five growth engines during 2024
Our strategy has allowed to enhance profitability across our five growth engines during 2024 EBITDA margin (%) 76,7% 77,0% 16,4% 6,3% 5,7% 7,3% 5,4% 5,2% 3,3% 2023 2024 -2,1% 2023 2024 2023 2024 2023 2024 2023 2024 13
Slide 14: Our strategy has allowed us to continue improving
EBITDA (US$ MM) 14,1% 11,2% 11,6% 10,0% 8,0% 9,4% 10,4% 501 Our strategy has 6,0% 6,8% 5,2% 6,7% allowed us to continue improving 4,6% 326 331 293 293 298 245 our profitability 225 179 182 127 141 1Q22 2Q22 3Q22 4Q22 1Q23 2Q23 3Q23 4Q23 1Q24 2Q24 3Q24 4Q24 EBITDA Margin (%) 14
Slide 15: Our operation continues to contribute to cash improvement
Our operation continues to contribute to cash improvement Evolution Cash (US$ MM) Non-banking businesses 52% 5 123 195 15 1.644 186 54 948 268 313 1.082 Dec-23 EBITDA (ex. Working Taxes CAPEX & Cash Flow Net Debt Capital Others Dec-24 IFRS 16) Capital Sale of - Banco Interest Increase assets Falabel
Slide 16: 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 3,7 We continue to 2,9 2,6 1Q22 2Q22 3Q22 4Q22 1Q23 2Q23 3Q23 4Q23 1Q24 2Q24 3Q24 4Q24 strengthen our financial position Debt Maturity Profile (US$ Debt Maturity Profile (US$ MM) million) 2025 International Bond Non-banking businesses,
Slide 17: Key takeaways from our CEO
Key takeaways from our CEO 1. Sustained growth with improved profitability across our 5-growth engines In 2024, we achieved an EBITDA of US$1.5 billion and a net income of US$ 483 million. 2. Significant ecosystem expansion & innovation in 2024 3. 2025: Profitable growth & elevating the omnichannel
Slide 18: ESG
ESG
Slide 19: Falabella’s purpose is supported by five ESG pillars
Falabella’s purpose is supported by five ESG pillars with clear aspirations and goals aligned with the Sustainable Development Goals Making life simpler and more enjoyable Environmental Social Governance CLIMATE CIRCULARITY DIVERSITY, EQUITY SOCIAL CORPORATE ACTION AND WASTE AND INCLUSION IMPACT GOV
Slide 20: During 2023, we made significant efforts to achieve our environmental goals
Environmental Results Our Commitments 2023 PROGRESS During 2023, we Carbon Footprint made significant 0 net emissions -20% in Scopes 1 and 2 vs 2021 …of Scopes efforts to by 2035 1 and 2 emissions achieve our -65% of emissions by 2030 environmental goals Energy supply 65% from renewable 73% …of our
Slide 21: Generating impact in our value chain to build more equitable societies
Social Results Pillars 2023 PROGRESS Diversity, Equity Generating 39.4% +335 and Inclusion 51.2% women in Top impact in our women in women in total & Middle “Fuertes y workforce Management Fantásticas” value chain to positions build more equitable +100,000 +33,000 +1,700 Social Impact individuals so
Slide 22: Sustainability efforts recognized by S&P’s Dow Jones Sustainability Index
These sustainability efforts have been recognized by S&P’s Dow Jones Sustainability Index, as we are the only Chilean retailer recognized within the TOP 10% of CSA results. In addition, Falabella reached an A qualification in the MSCI assessment, for the first time. 2023 DJSI 2023 2016 2020 A MSCI B
Slide 23: E-mail Website
E-mail inversionistas@falabella.cl Website investors.grupofalabella.com 23