Philippine Seven Corporation · PSE:SEVN

Philippine Seven — Q1 2024 Earnings Presentation

10 slides from Philippine Seven's earnings presentation, May 2024

  1. Slide 1: Q1 2024 Investor Briefing

    Q1 2024 Investor Briefing investor-relations@7-eleven.com.ph

  2. Slide 2: A Global Brand

    A Global Brand Norway: 129 Sweden: 79 South Korea: 13,137 Canada: 596 United States: 13,189 China: 3,206 Denmark: 174 Japan: 21,488 Taiwan: 6,859 Mexico: 1,925 Vietnam: 99 83,000+ India: 47 Philippines: 3,768 STORES Thailand: 14,545 Cambodia: 82 WORLDWIDE Singapore: 500 Malaysia: 2,566 Australia: 76

  3. Slide 3: Global Recognition

    Global Recognition Asian Convenience Industry oie e Year Award Pictured left to right: Jackie Lai, Marketing Director 7-Eleven Philippines; Kazuki Furuya, Chairman of SEJ; Richard Lee, Vice President Marketing & Operations 7-Eleven spines; Armi Cagasan, Division Head of Strategic Merchandising, 7-El

  4. Slide 4: Store Network as of Mar. 31, 2024

    Store Network as of Mar. 31, 2024 7-Eleven By Location Store Count % Jan. 1 Opening Closure Mar. 31 Metro Manila 1,094 11 4 1,101 29% Luzon-ex MM 1,730 39 3 1,766 46% Visayas 541 12 1 552 14% Mindanao 403 9 2 410 11% Total 3,768 71 10 3,829 100% + 450 new 2019 2020 2021 2022 2023 2024 Target stores

  5. Slide 5: Q1 2024 Financial Performance

    Q1 2024 Financial Performance SYSTEM-WIDE SALES OPERATING NET INCOME P22.0 billion CASH FLOW +19.7% P639.3 P4.3 billion OPERATING REVENUE million +143% P20.6 billion +21.2% +19.1% Quarterly Net Income Trend * Amount in million Pesos 1,400 1,200 1,000 800 600 400 200 112.2 - (200) (400) (600) 2013 20

  6. Slide 6: Share of high GP food service and cup drinks decreased to 23.7%

    Share of high GP food service and cup drinks decreased to 23.7% Affected by Hotdog price increase Operating Revenue Breakdown Store Ownership +20.5% +14% FC 3 FC 2 Franchise 4% 2% revenue Service income 7% 2% FC 1 42% Revenue from merchandise sales Corporate 91% 52% 112.2

  7. Slide 7: Profitability Ratios (based on revenue from contracts with customers)

    Profitability Ratios (based on revenue from contracts with customers) Only net margin improved as operating income went down owing to lower GP from cigarettes and hotdog categories, while reduction in ROU asset affected EBITDA Operating Income EBITDA 6.5% 12.8% 12.0% 11.6% 5.6% 5.6% 10.8% 10.0% 10.6

  8. Slide 8: Balance Sheet as of March 31, 2024

    “fn Balance Sheet as of March 31, 2024 A seh | eae [ea ee Balance Sheet Items 2020 2021 2022 2023 2024 Balance Sheet Items 2020 2021 © 2022-2023 2024 Cash and cash equivalents 76,069,355011 P4.543.257,000 7,020593,848 10557,166.963 914,680967,386 Debt Ratio (Total Liabilities / Total... 073 O75 072

  9. Slide 9: Cash Flow as of March 31, 2024

    Year 2020 «20212022 202882024 “fe Cash Flow as of March 31,2024 Cash Fiow Items Income (loss) before tax Depreciation and amortization Interest expense, net Retirement obligations Rent concession Receivables Inventory Prepayments and other current assets | 2020 | 159,110.00 | 9976779914 234,628,183

  10. Slide 10: Slide 10

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