Alicorp Saa · BVL:ALICORC1
Alicorp Saa — Investor Presentation (August 2021)
66 slides from Alicorp Saa's investor presentation, August 2021
Slide 1: Corporate Presentation August 2021
CORPORATE PRESENTATION August 2021
Slide 2: Disclaimer
DISCLAIMER This presentation may contain financial or business projections regarding recent acquisitions, their financial or business impact, management expectations and objectives regarding such acquisitions and current management expectations on the operating and financial performance of The Compa
Slide 3: Topics
TOPICS KEY INVESTMENT HIGHLIGHTS 1 ALICORP AT A GLANCE 2 CORPORATE STRATEGY 3 SOLID LIQUIDITY AND STRONG BALANCE SHEET 4 APPENDIX 5
Slide 4: Key Investment Highlights
KEY INVESTMENT HIGHLIGHTS
Slide 5: Key Investment Highlights
Key Investment Highlights 1 Leading regional player with a successful business model diversified across product categories and countries 2 Portfolio of top-of-mind and leading brands with a proven track record of successful new product offerings 3 Unique manufacturing and distribution platform to se
Slide 6: Leading regional player with diversified business model
KEY INVESTMENT HIGHLIGHTS 1. Leading regional player with a successful business model diversified across product categories and countries UNMATCHED PORTFOLIO OF HIGHLY SUCCESSFUL LEADING BRANDS ACROSS DIFFERENT SECTORS AND COUNTRIES Brands with leading position and market share in market and custome
Slide 7: Portfolio of leading brands with successful new product launches
KEY INVESTMENT HIGHLIGHTS 2. Portfolio of top-of-mind and leading brands with a proven track record of successful new product offerings SUCCESSFUL NEW PRODUCT LAUNCH STRATEGY WITH 508 LAUNCHES1 SINCE 2011 REACHING OVER 100 LEADING BRANDS ACROSS DIFFERENT TIERS AND CATEGORIES CONSUMER GOODS TIERS EDI
Slide 8: Unique manufacturing and distribution platform
KEY INVESTMENT HIGHLIGHTS 3. Unique manufacturing and distribution platform to serve Consumer Goods, B2B and Aquafeed clients OUR MANUFACTURING AND DISTRIBUTION NETWORK EFFICIENTLY INTEGRATES LOCAL AND REGIONAL OPERATIONS Distribution Capabilities Colombia Ecuador For Consumer Goods and B2B, Exclusi
Slide 9: Inorganic growth through successful M&A strategy
KEY INVESTMENT HIGHLIGHTS 4. Inorganic growth through successful M&A strategy driven by best-in-class framework of integration practices RECENT ACQUISITIONS IN PERU AND BOLIVIA • Intradevco, a leading Home & Personal Care player in Peru • SUCCESSFUL Fino & Sao, a leading CPG and B2B company in Boliv
Slide 10: Solid financial performance and efficiency program
KEY INVESTMENT HIGHLIGHTS 5. Solid financial performance driven by our comprehensive efficiency program and shareholder value creation mindset SALES EVOLUTION (US$ MM) ‘11-’21 LTM CAGR: 7.0% $2,956 $2,893 $3,044 $2,518 $2,152 $2,214 $2,066 $2,131 $1,964 $1,545 $1,696 1 1 2 2011 2012 2013 2014 2015 2
Slide 11: Highly experienced management and shareholder group
KEY INVESTMENT HIGHLIGHTS 6. Highly experienced management supported by a leading and innovative shareholder group in Peru OUTSTANDING MANAGEMENT TEAM COMBINES PROVEN TRACK RECORD OF ORGANIC AND INORGANIC GROWTH STRATEGIES AND VAST SECTOR EXPERIENCE • Support from a regional conglomerate champion su
Slide 12: Alicorp at a Glance
ALICORP AT A GLANCE
Slide 13: Leading consumer goods company in Peru and Latin America
ALICORP AT A GLANCE Alicorp is the leading company of consumer goods in Peru and one of the biggest in Latin America ALICORP IN THE REGION DIVISION BY BUSINESS1 BRANDED FOODS, HOME & PERSONAL CARE REVENUES CONSUMER 51% of total revenues Honduras 2021 LTM GOODS 68% 12% 7% 6% 3% OTROS 4% Nicaragua Cos
Slide 14: Main shareholder is a leading economic group in Peru
ALICORP AT A GLANCE Continuous interaction with key stakeholders OUR MAIN OWNERSHIP STRUCTURE1 SHAREHOLDER IS A CORPORATE LEADING ECONOMIC GOVERNANCE GOOD CORPORATE GROUP IN PERU. GOVERNANCE- 2019 7.6% 9.2% WE ARE COMMITTED TO CREATE VALUE FOR KEY AND CURRENT 48.3% OUR SHAREHOLDERS, SHAREHOLDERS MAI
Slide 15: Aligned with UN Sustainable Development Goals
ALICORP AT A GLANCE Corporate Purpose: We feed a better tomorrow Anemia Limited Resources Diabetes Promote circular Virgin materials economy Healthy nutrition Adaptation ALIGNED WITH THE UNITED Use of eco-friendly Veracity NATIONS SUSTAINABLE packaging Products and Nutritional information Global War
Slide 16: Wellness, Sustainable Value Chain, Environmental Care
ALICORP AT A GLANCE Corporate Purpose: We feed a better tomorrow Wellness Sustainable Value Chain Environmental Care Helping families build their Supporting our stakeholders to Generating efficiencies to protect wellbeing achive sustainability the enviroment ▪ Products and Nutrition ▪ Responsible So
Slide 17: Well-defined strategy for sustainable growth
ALICORP AT A GLANCE Well-defined strategy that provides sustainable growth rates LEVERAGED IN COMPETITIVE ADVANTAGES CONSUMER GOODS – PERU STRATEGIC PILLARS ENABLERS DELIVERING HEALTHY GROWTH GO-TO-MARKET STRATEGY RATES +110k POS 815 POS Traditional channel1 Modern channel2 +11% GROWTH PRODUCT BRAND
Slide 18: Undisputed leader in its core markets
ALICORP AT A GLANCE Alicorp is the undisputed leader in its core markets RANKED #1 FOR MAIN CATEGORIES Business Category Brands Rank % of sales1 Competitors Laundry Detergents #1 7.8% Edible Oils #1 6.4% Consumer Goods Peru2 Pasta #1 3.8% Cookies & Crackers #1 2.4% Industrial Baking Flour #1 5.5% B2
Slide 19: Consumer Goods Peru business unit
ALICORP AT A GLANCE Consumer Goods Perú OUR CGP BUSINESS MAIN CATEGORIES BREAKDOWN REVENUE AND GROSS MARGIN % of CGP Sales (PEN million) HIGHLIGHTS UNIT OFFERS FOODS, Forecast 2021 as of June 2021 CAGR 2017-2021: 5.65% Production facilities 5000 HOME AND PERSONAL 4000 2,892 3,188 3,895 3,549 3,807 8
Slide 20: Leveraging our distribution model
ALICORP AT A GLANCE Leveraging our distribution model CONSUMER GOODS PERU: GO-TO-MARKET MODEL1 STRONG PRESENCE OF ALICORP’S PRODUCTS IN PERUVIAN HOUSEHOLDS4,5,6 (As % of household presence YTD) 29% TRADITIONAL CHANNEL Exclusive 90 Pasta distributors 58 13% Wholesalers 94 Laundry Detergents 47 SHOPPE
Slide 21: Consumer Goods International business unit
ALICORP AT A GLANCE Consumer Goods International GEOGRAPHICAL PRESENCE REVENUE AND GROSS MARGIN (PEN million) HIGHLIGHTS CAGR 2017-2021: 9.81% Production facilities OUR CGI BUSINESS 1,706 1,858 1,830 2000 PRODUCES AND Main exports 1500 1,145 1,289 DISTRIBUTES FOODS, 1000 500 30.1% 26.9% 27.3% HOME A
Slide 22: B2B business unit
ALICORP AT A GLANCE B2B HOW B2B ADDS VALUE REVENUE AND GROSS MARGIN (PEN million) HIGHLIGHTS CAGR 2017-2021: 3.35% OUR B2B BUSINESS GO-TO-MARKET Production facilities HAS THREE MAIN ✓ Ample coverage 1,647 1,773 60.0% 1,586 1700 PLATFORMS: FOOD ✓ Efficient client segmentation 40.0% 1,504 1,518 1500 M
Slide 23: Aquafeed business unit
ALICORP AT A GLANCE Aquafeed OUR AQUAFEED GEOGRAPHICAL PRESENCE REVENUE AND GROSS MARGIN (PEN million) BUSINESS PRODUCES CAGR 2017-2021: 0.67% SHRIMP FEED IN 3000 2,338 2,437 1,992 1,926 1,913 CHILE, ECUADOR, 2000 HIGHLIGHTS PERU AND HONDURAS; 1000 21.4% 18.9% 19.1% Production facilities AND SALMON
Slide 24: Crushing business unit
ALICORP AT A GLANCE Crushing REVENUE* (USD million) VOLUME SOLD HIGHLIGHTS CAGR 2018-2021: 29.27% (Thousands of MT) OUR CRUSHING 600 472 Production facilities -5.8% 368 BUSINESS PRODUCES 277 261 400 169 306 Main exports 200 SUNFLOWER SEED 97 59 -39% 0 OILS AND SOYBEAN 2018 2019 2020 2021 1 Main cate
Slide 25: Corporate Strategy
si alicorp CORPORATE STRATEGY
Slide 26: Strategic pillars and enablers
CORPORATE STRATEGY In order to secure our leadership, we incorporated enablers to our strategy that lead us to i) achieve our long-term objectives and ii) face the changing business dynamics STRATEGIC PILLARS OBJECTIVES STRATEGIES ENABLERS ▪ Maximize the value of our core categories Focus on opportu
Slide 27: Growth Pillar: Update on Fino and Sao integration
CORPORATE STRATEGY Growth Pillar: Update on Fino and Sao’s integration • Consumer Goods: Results have outperformed our business case. Accelerated commercial and distribution initiatives, portfolio diversification and effective execution contributed to market share increases in key categories, such a
Slide 28: Growth Pillar: Update on Intradevco integration
CORPORATE STRATEGY Growth Pillar: Update on Intradevco’s1 integration Results have outperformed our business case • Consumer Goods Peru: Horizontal growth strategy in order to consolidate our Household Care and Personal Care platforms through commercial and distribution initiatives to gain market sh
Slide 29: Efficiency Pillar: highest efficiency standards
CORPORATE STRATEGY Efficiency Pillar: We promote the highest efficiency standards 20.3 16.1 15.5 14.7 15.3 14.0 SG&A / Revenue ▪ Highly experienced corporate ALICORP (%) 0 2016 2017 2018 2019 2020 2021 1 team entirely dedicated to the monitoring and management CONTINUOUSLY SEEKS of both day-to-day a
Slide 30: Efficiency Pillar: transformational programs in Consumer Goods International
CORPORATE STRATEGY Efficiency Pillar: Transformational programs in our Consumer Goods International unit TRANSFORMATION AND EFFICENCY IN BRAZIL, ARGENTINA AND BOLIVIA SG&A / Revenue excl. non-recurring expenses1 BRAZIL ARGENTINA BOLIVIA 24.9% 29.3% 35.4% 35.6% 32.2% 22.8% 19.5% 19.1% 26.5% 21.0% 19.
Slide 31: Digital transformation journey
CORPORATE STRATEGY Digital & Analytics: Our digital transformation journey OUR DIGITAL Accelerate the efficiency of our TRANSFORMATION business AGENDA SEEKS TO • Migration to SAP S4HANA CREATE VALUE to improve processes and functionalities THROUGH THE USE OF • Upgrade IT infrastructure to improve pe
Slide 32: The Fenix Program: migration to SAP S4Hana
CORPORATE STRATEGY Digital & Analytics: The Fenix Program, our migration to SAP S4Hanna IN 2018, WE S4H GO LIVE ROADMAP (Capex+Opex) / Sales (%) HIGHLIGHTS EMBARKED ON A • Mostly-remote migration in Peru from SAP R3 to S4H MULTIANNUAL ERP 2017 Business 2018 Warehouse 2019 Transportation 2020 Demand
Slide 33: The purpose of our digital transformation
CORPORATE STRATEGY Digital & Analytics: The purpose of our digital transformation We ask ourselves three questions about We are developing capabilities in order to Alicorp’s core answer these questions DIGITAL TRANSFORMATION IS AN ENABLER THAT How do we increase Alicorp’s sales today? SEEKS TO ANSWE
Slide 34: Progress on digital capabilities
CORPORATE STRATEGY Digital & Analytics: It’s time to leverage our new digital capabilities Some of our most emblematic digital initiatives include… SO FAR, WE HAVE ACCOMPLISHED GREAT ~50 initiatives PROGRESS AND launched MICROSEGMENTATION DIGITAL TOOLS FOR B2B MARKETPLACE GENERATED OF OUR CLIENTS AN
Slide 35: Building digital ecosystems for clients in Peru
Q2 ’21 STRATEGIC HIGHLIGHTS Digital Initiatives BUILDING DIGITAL ECOSYSTEMS FOR OUR CLIENTS IN PERU TO STRENGTHEN OUR GO TO MARKET Digital ecosystem to better serve our B2B FIRST RESULTS clients ➢ 90%+ higher average ✓ Comprehensive product portfolio (including fresh tickets compared to DEX RESTAURA
Slide 36: Digital tools to reach clients using Big Data
CORPORATE STRATEGY Digital & Analytics: Digital tools to reach our clients using Big Data SOLUTIONS FOR RETAIL CLIENTS SOLUTIONS FOR WHOLESALE CLIENTS Sales force Self-service Self-service STORES THAT USED Nitro 2 AliMarket Web Clientes (deployed) (pilot) (deployed) “PEDIDO SUGERIDO” HAD A 10% HIGHE
Slide 37: Alisoluciones ecosystem for B2B clients
CORPORATE STRATEGY Digital & Analytics: Alisoluciones is an ecosystem of comprehensive solutions that transforms us into strategic partners for our B2B clients ADOPTION KPIS IN 2020 OUR ALISOLUCIONES ECOSYSTEM INCLUDES ~7k ~26% A COMPLETE SET OF Visitors to the Penetration of digital sales AliSoluci
Slide 38: IoT and analytics ecosystem for Vitapro clients
Q2 ’21 STRATEGIC HIGHLIGHTS Digital Initiatives INTERNET OF THINGS AND ANALYTICS ECOSYSTEM TO IMPROVE PRODUCTIVITY IN VITAPRO’S CLIENTS Our solution introduces Internet of Things, data and analytics infrastructure to shrimp pool OUR PURPOSE IS TO management to improve efficiency FIRST RESULTS TRANSF
Slide 39: Analytics solution for salmon farmers
CORPORATE STRATEGY Digital & Analytics: In our Aquafeed unit, we developed an innovative and distinctive analytics solution to help salmon farmers improve productivity by 5-10% ENVIRONMENT PRODUCTION FACTORS ANALYTICS SOLUTIONS Growth + + = Daily feeding • Raw variables: Temperature, oxygen, • Feedi
Slide 40: Machine learning model projects salmon weight
CORPORATE STRATEGY Digital & Analytics: Once all exogenous variables were included, the projection was very close to the real performance Inputs Average weight projection per cycle New Model Weight SEVERAL VARIABLES Average weight 7 Static AND PREDICTIONS Equation From 2-3 variables FEED OUR MACHINE
Slide 41: Daily feeding recommendations for salmon
CORPORATE STRATEGY Digital & Analytics: The model also provided daily recommendation on the feeding processes that optimize feeding costs and farmer productivity Inputs Daily recommendation curve Benefits IN ADDITION TO Average weight Daily feeding PREDICTING SALMON recommendation tailored for each
Slide 42: Innovating how we innovate
CORPORATE STRATEGY Innovation: Creating an innovation culture across the organization INNOVATING HOW WE INNOVATE We are seeking to innovate not only in our products, but also in our services and business models, in the way in which we interact with our clients and customers Continue to innovate in 1
Slide 43: Design thinking to explore consumer needs
Q2 ’21 STRATEGIC HIGHLIGHTS Innovation INNOVATING HOW WE INNOVATE – DESIGN THINKING TO EXPLORE CONSUMER NEEDS ✓ Agility in decision making ▪ #BUENOYBUENAZO BETTER FOR YOU, SNACKS THAT ✓ Iterative strategy ▪ Help millennials snack better, encouraging COMBINE 44% CACAO WITH ✓ 1.5-year consumer focused
Slide 44: Strategic initiatives since 2016
CORPORATE STRATEGY Since Alicorp’s strategy relaunched in 2016, we have implemented multiple strategic initiatives to grow and create value STRATEGIC INITIATIVES 2016 2017 2018 2019 2020 CORPORATE STRATEGY SMART GROWTH ANDEAN PLAYER ACQUISITION OF INTRADEVCO CONTROL OF THE IMPACTS OF ▪ Launch of the
Slide 45: Solid Liquidity and Strong Balance Sheet
SOLID LIQUIDITY AND STRONG BALANCE SHEET
Slide 46: Liquidity and working capital performance
SOLID LIQUIDITY AND STRONG BALANCE SHEET Liquidity and working capital performance LIQUIDITY WORKING CAPITAL3 TOTAL CASH (Days) S/ 1,418 million Accounts Receivable Inventories Accounts Payable DEBT COVERAGE 1 113.0 116.0 121.0 120.0 1.10x2 over next 12 months 108.0 0.81x2 over next 24 months Access
Slide 47: Debt Maturity Profile
SOLID LIQUIDITY AND STRONG BALANCE SHEET Debt Maturity Profile June 2021: Total Debt: S/ 5,683 million (PEN Million) 2,083 1,902 884 775 745 659 542 241 542 542 181 122 142 257 114 114 180 179 147 - - 108 100 100 15 16 14 1 year 2 years 3 years 4 years 5 years 6 years 7 years 8 years 9 years 10 year
Slide 48: Debt Breakdown
APPENDIX Debt Breakdown TOTAL Dec 19 Dic 20 Jun 21 DEBT1 S/ 4,191mm S/ 3,961mm S/ 5,683mm 8.5% 10.2% 6.2% 6.8% 11.7% 5.1% International Bonds 8.1% By Source1 Local Bonds 12.4% Working Capital Debt LT Bank Debt 33.5% 32.9% Leases (IFRS 16) 29.9% 23.8% 43.6% 46.7% 20.6% 16.1% 15.8% 21.1% 0.7% 0.9% 0.4
Slide 49: Dividend Payment Evolution
SOLID LIQUIDITY AND STRONG BALANCE SHEET Dividend Payment Evolution 213 205 205 205 162 145 120 0.24 0.24 0.24 0.25 110 103 103 95 0.19 0.17 0.13 0.14 50 0.12 0.12 46 42 0.11 0.06 0.05 0.05 2005 2007 2008 2009 2010 2011 2012 2013 2015 2016 2017 2018 2019 2020 Dividend Paid (PEN million) Dividend per
Slide 50: Appendix
APPENDIX
Slide 51: Aquafeed Deep Dive
APPENDIX AQUAFEED DEEP DIVE
Slide 52: Aquaculture: industry with strong fundamentals
APPENDIX Aquaculture: Industry with strong fundamentals Vitapro’s presence in Latin America ECUADOR IS BEST POSITIONED TO CAPTURE MARKET SHARE IN THE GROWING SHRIMP MARKET SOLID MARKET GROWTH PERSPECTIVE Honduras Competitive Guatemala Favorable Efficient Nicaragua IN LINE WITH climate access to raw
Slide 53: Vitapro's strategy: bridge to digital transformation
APPENDIX Vitapro’s strategy: To become the bridge between our clients and the digital transformation ▪ Developing a set of digital solutions that transforms the industry CREATING VALUE ➢ IoT platform ➢ Predictive models based on machine learning ✓ Continuous product SHRIMP FEED • First model based o
Slide 54: Aquafeed: update on market dynamics
APPENDIX % % YoY % growth Aquafeed: Update on Market Dynamics SHRIMP SALMON SHRIMP: GROWTH IN Shrimp Exports in Ecuador (MT K and US$ MM) +22% Salmon Exports in Chile (MT K and US$ MM) EXPORTS VALUE -17% -2% -6% 1,226 1,316 1,351 -22% -14% -10% 1,217 EXPLAINED BY HIGHER 935 944 1,001 1,128 1,128 908
Slide 55: Aquafeed recovery plan
APPENDIX The path to recovery: We expect the Aquafeed business to return to pre-pandemic levels in 2022 Adapting shrimp feed to our clients’ needs OUR AQUAFEED developing more BUSINESS SHOULD economic formulas RECOVER NEW PRODUCT LAUNCHES THROUGHOUT 2021 CAPTURE OF KEY ACCOUNTS AND SALMOFOOD RELAUNC
Slide 56: Q2 '21 Milestones
APPENDIX Q2 ‘21 MILESTONES
Slide 57: 2Q 2021 Milestones
APPENDIX 2Q 2021 Milestones RESEARCH & DEVELOPMENT AWARDS & RECOGNITION 23 products were launched as part of our innovation strategy, being the most remarkable: “Puro”, new line of healthy snacks “Ají Power” and “Rocoto y Pimiento (Peru) Power” by Alacena (PERU) Alicorp was awarded with two bronze E
Slide 58: Performance by Business Unit & Region
APPENDIX PERFORMANCE BY BUSINESS UNIT & REGION
Slide 59: Consolidated & Consumer Goods Peru
APPENDIX Performance by Business Unit & Region – Consolidated & Consumer Goods Peru CONSOLIDATED 2020 2021 Variation PEN MM Q1 Q2 Q3 Q4 FY Q1 Q2 YoY Revenue 2,448 2,274 2,622 2,788 10,132 2,653 3,072 35.1% Gross Profit 626 551 628 615 2,420 647 574 4.3% SG&A 435 358 346 412 1,551 393 408 14.2% EBITD
Slide 60: B2B Consolidated & Food Service platform
APPENDIX Performance by Business Unit & Region – B2B Consolidated & Food Service platform B2B 2020 2021 Variation PEN MM Q1 Q2 Q3 Q4 FY Q1 Q2 YoY Revenue 389 308 416 405 1,518 420 531 72.5% Gross Profit 81 45 67 61 254 71 80 79.1% SG&A 72 42 43 47 204 52 47 12.2% EBITDA 16 10 32 19 78 29 40 294.8% G
Slide 61: B2B Bakery & Industrial Clients platforms
APPENDIX Performance by Business Unit & Region – B2B Bakery & Industrial Clients platforms Bakery 2020 2021 Variation PEN MM Q1 Q2 Q3 Q4 FY Q1 Q2 YoY Revenue 179 177 196 180 732 180 229 29.2% Gross Profit 37 27 31 20 114 23 28 2.9% SG&A 29 17 17 18 81 23 21 22.6% EBITDA 11 13 16 4 44 6 10 -26.6% Gro
Slide 62: CGI Consolidated & Bolivia
APPENDIX Performance by Business Unit & Region – Consumer Goods International Consolidated & Bolivia CGI 2020 2021 Variation PEN MM Q1 Q2 Q3 Q4 FY Q1 Q2 YoY Revenue 424 477 472 485 1,858 407 465 -2.4% Gross Profit 120 140 125 123 508 90 86 -38.0% SG&A 101 102 94 119 416 99 107 4.9% EBITDA -21 57 47
Slide 63: CGI Ecuador & Brazil
APPENDIX Performance by Business Unit & Region – Consumer Goods International Ecuador & Brazil CGI Ecuador 2020 2021 Variation PEN MM Q1 Q2 Q3 Q4 FY Q1 Q2 YoY Revenue 39 35 46 46 166 38 44 26.4% Gross Profit 14 12 17 17 60 15 14 15.2% SG&A 11 10 11 14 46 14 14 40.5% EBITDA 5 4 6 6 21 3 -1 -S/ 4.9M G
Slide 64: CGI Argentina & Other Geographies
APPENDIX Performance by Business Unit & Region – Consumer Goods International Argentina & Other Geographies CGI Argentina 2020 2021 Variation PEN MM Q1 Q2 Q3 Q4 FY Q1 Q2 YoY Revenue 108 126 106 99 439 104 113 -9.9% Gross Profit 30 38 24 18 110 14 13 -65.3% SG&A 20 22 21 22 85 21 22 -0.3% EBITDA 14 1
Slide 65: Aquafeed & Crushing
APPENDIX Performance by Business Unit & Region – Aquafeed & Crushing Aquafeed 2020 2021 Variation PEN MM Q1 Q2 Q3 Q4 FY Q1 Q2 YoY Revenue 530 478 430 475 1,913 474 613 28.3% Gross Profit 112 101 76 77 366 81 100 -1.5% SG&A 75 53 43 52 223 56 57 7.5% EBITDA 51 60 48 44 203 44 63 S/ 3.0M Gross Margin
Slide 66: Investor Relations contact
Gisele Remy Ferrero Investor Relations Officer (+51) 997515700 InvestorRelations@alicorp.com.pe www.alicorp.com.pe This presentation and further detailed information can be found in the following link in our section “Investor Services”: https://inversionistas.alicorp.com.pe/alicorp-ir/public/investo