Cencosud Shopping Sa · BCS:CENCOMALLS
Cencosud Shopping Sa — Investor Presentation (June 2023)
20 slides from Cencosud Shopping Sa's investor presentation, June 2023
Slide 1: Corporate Presentation June 2023
CORPORATE PRESENTATION June 2023 Presentación Corporativa 1T21 - CENCOSUD SHOPPING | 11
Slide 2: About Cencosud Shopping
1. ABOUT CENCOSUD SHOPPING Presentación Corporativa 1T21 - CENCOSUD SHOPPING |2
Slide 3: Key Figures
1.1 Key Figures LTM as of June 2023 +2,000 Stores in 113 Million Visits(1) 89.9% 40 Shopping Centers NOI Margin 33 4 3 98.4% 1,341,770 sqm Occupancy Leasable Area (GLA) 20 CLP 4,359,183 US$ 3,762 Cities Tenant Sales (millions) Annual Tenant Sales / +1.4 Mn Sqm Followers on social media(2) (1) The vi
Slide 4: CencoShopp at a Glance
Corporate Presentation 2Q23 1.2 CencoShopp at a Glance Key Figures(1) Ownership Structure(2) LTM Jun 23 Year 2022 GLA (Sqm) 1,341,770 1,346,312 3.6% Tenant sales (US$ Mn) 5,047 5,009 2.8% Controlling Group 19.0% 2.3% Pension Funds Revenues (US$ Mn) 353 329 Foreigners Visits (Mn) 113 111 Stockbrokers
Slide 5: Diversified Business by Country and Format
Corporate Presentation 2Q23 1.3 1.3 Diversified Business by Country and Format GLA by Country (3) 3.8% COLOMBIA 4.8% Chile • 2 Shopping Centers Peru • 2 Power Centers Colombia • Land Bank (70,792 sqm) PERU 91.4% • Total GLA: 64,893 sqm • 1 Shopping Center • 2 Power Centers • Land Bank (16,254 GLA by
Slide 6: Organizational Structure & Board of Directors
Corporate Presentation 2Q23 1.4 1.4 Organizational Structure & Board of Directors Board of Directors Organizational Structure Directorio Name Position Manfred Paulmann Koepfer Chairman Peter Paulmann Koepfer Director Matías Videla Solá Director Stefan Krause Niclas Director José Raúl Fernandez Direc
Slide 7: Corporate Strategy
2. CORPORATE STRATEGY Presentación Corporativa 1T21 - CENCOSUD SHOPPING |7
Slide 8: Strategic Differentiation: Key Factors
Corporate Presentation 2Q23 2.1 2.1 Strategic Differentiation: 5 Key Factors Strategy based on 4 pillars 1 Customer Knowledge, Innovation, Entrepreneurship and Sustainability, and Growth and Profitability. Value proposition 2 A value proposition distinguished by its premium quality, strategically lo
Slide 9: Strategic Pillars
Corporate Presentation 2Q23 2.2 3.1 Strategic Pillars ENTREPRENEUR CUSTOMER SHIP AND KNOWLEDGE SUSTAINABILITY GROWTH AND Develop competitive PROFITABILITY B2B Lead the industry advantages to by generating a maximize sales and Maximize GLA INNOVATION positive impact on placement. Assess revenue throu
Slide 10: Customer-Centric Culture
Corporate Presentation 2Q23 3. 2.3 4 Customer-Centric Culture Understanding the needs of the target audience GLA Breakdown by Category (June 2023) with a focus on enhancing the customer experience Entertainment Vacancy Services, Offices, 6.9% Continuous monitoring of visitor needs and and Hotel 1 de
Slide 11: Cost Efficiency and Economies of Scale
Corporate Presentation 2Q23 2.4 Cost Efficiency and Economies of Scale 1 2 3 Efficient management Benefits of the of Shopping Center Design, Capex, and relationship with expenses maintenance costs Cencosud • Transfer of common area costs • Single charge for the initial • Optimization in contracting
Slide 12: Sustainability Pillars
Corporate Presentation 2Q23 3. 2.5 2 Sustainability Pillars CORPORATE PEOPLE PROPERTY PLANET GOVERNANCE 1. Corporate Governance 1. Employees 1. Quality and Safety 1. Environmental Impacts of 2. Compliance 2. Tenants and Customers 2. Innovation and Experience Operations 3. Ethical Management 3. Commu
Slide 13: Expansion Plan: Brownfield Development
Corporate Presentation 2Q23 3. 2.6 6 Expansion Plan: Brownfield Development Strategy 1 Limonar Remodeling and expansion of the Limonar shopping center (Cali, Colombia), allowing for an additional 12,500 sqm of GLA • New outdoor gastronomic and entertainment terrace • 3,300 sqm of common areas • Cons
Slide 14: Expansion Plan: Greenfield Initiatives
Corporate Presentation 2Q23 3. 2.7 6 Expansion Plan: Greenfield Initiatives 1 La Molina A project of approximately 41,000 sqm has already completed its first phase, with commercial spaces ready and awaiting their upcoming public opening. 2 Vitacura The project, focused on community, family, sports,
Slide 15: Business Structure
3. BUSINESS STRUCTURE Presentación Corporativa 1T21 - CENCOSUD SHOPPING | 15
Slide 16: Resilient Revenue Structure
Corporate Presentation 2Q23 3.1 4.1 Resilient Revenue Structure as of 2Q23 Revenue Composition Contract Durations Variable Rent 73.3% 9.9% Others 11.0% 11.9% 5.8% 4.8% 4.1% Less than 2 Between Between Between Greater 79.1% 2 and 3 3 and 4 4 and 5 than 5 Fix Rent Occupancy 98.4% 73.3% ~ 12 years expi
Slide 17: Key Portfolio Asset Metrics
Corporate Presentation 2Q23 4. 3.2 2 Key Portfolio Asset Metrics Third-Party and Related Party Participation in Revenues and GLA(1) Related Third Visits(3) Occupancy(2) ('000) 77.8% Chile 99.0% 110,373 72.9% Peru 94.9% 2,896 65.7% 65.7% 58.4% Colombia 91.0% N.A. 50.8% Total 98.4% 113,296 49.2% 41.6%
Slide 18: Solid Financial Position
Corporate Presentation 2Q23 4. 3.3 4 Solid Financial Position • The Company has the lowest Net Financial Debt/Adjusted EBITDA ratio in JUN 23 CLP Mn US$ Mn(1) the sector Total Assets 4,108,332 5,125 • 100% of the debt is contracted at a fixed Equity 2,709,563 3,380 interest rate, in UF, correspondin
Slide 19: Disclaimer
Corporate Presentation 2Q23 Disclaimer The information contained in this presentation Cencosud Shopping and its respective has been prepared by Cencosud Shopping S.A. subsidiaries, directors, and employees do not ("Cencosud Shopping") solely for informational accept any responsibility for any loss o
Slide 20: Presentación Corporativa 1T21 - CENCOSUD SHOPPING
Presentación Corporativa 1T21 - CENCOSUD SHOPPING | 20
Cencosud Shopping — Investor Presentation (June 2023) on 6ix