Slide 1: Q3 2022 Sales
Q3 2022 Sales October 26th, 2022
Slide 2: Carrefour outperforms in the current environment
Carrefour outperforms in the current environment In the current inflationary and uncertain environment, Carrefour has set the objective to protect customer purchasing power while consolidating its economic model In Q3: • Inflation accelerated in all European markets • Shopping patterns evolved but c
Slide 3: Q3 2022 sales up +11.3% LFL
Q3 2022 sales up +11.3% LFL +19.0% +2.9% €23,504m +4.9% +11.3% (0.1)% (0.1)% €19,751m Q3 2021 LFL Expansion & Petrol Calendar Forex Q3 2022 Gross sales M&A Gross sales Q3 2022 SALES October 26, 2022 3
Slide 4: France: Further market share gains
France: FRANCE Further market share gains Q3 Sales inc. VAT €10,547m €5,114m €3,470m €1,964m France Hypermarkets Supermarkets Other formats Variation vs. Q3 21 +6.7% +5.1% +5.3% +14.2% LFL ex. petrol +6.6% +5.0% +6.3% +10.8% ex. calendar France outperforming the market with solid market share gains
Slide 5: Europe: Continued strong momentum
Europe: Continued strong momentum Q3 Sales inc. VAT €6,374m €3,008m €1,086m €1,053m €555m €672m Europe Spain Italy Belgium Poland Romania Variation vs. Q3 21 +8.7% +12.2% +1.2% +4.3% +11.4% +11.8% LFL ex. petrol +8.6% +8.7% +7.1% +5.2% +18.5% +8.8% ex. calendar Spain: Solid performance and continued
Slide 6: Latin America: Double-digit LFL growth
Latin LATIN America: AMERICADouble-digit LFL growth Q3 Sales inc. VAT €6,583m €5,551m €1,031m Latin America Brazil Argentina (1) Variation vs. Q3 21 +49.6% +41.4% +93.1% LFL ex. petrol +24.6% +11.5% +91.3% ex. calendar €129m Brazil: Strong momentum both in food and non-food • Atacadão: +10.5% LFL in
Slide 7: Grupo BIG integration ahead of plan and accelerating
Grupo LATINBIG AMERICA integration ahead of plan and accelerating New governance and management structure implemented on Day 1 (June 7) Integration processes progressing smoothly Acceleration of store conversions: • 15 stores converted and reopened to date (7 in Q3: 4 to Atacadão and 3 to Carrefour)
Slide 8: Appendix
a © APPENDIX
Slide 9: CSR – Q3 2022 initiatives
CSR – Q3 2022 initiatives › Climate and energy: First major retailer to partner with EcoWatt and EcoGaz • Participation in the energy consumption reduction in France, notably in case of high demand › Disability: Agreement signed with French Handisport Federation to support inclusion and increase rec
Slide 10: Q3 2022 Gross Sales
Q3 2022 GROSS SALES Change at Change at current LFL Organic growth Gross sales constant exch. rates inc. ex. petrol ex. petrol (in €m) exch. rates inc. petrol ex. calendar ex. calendar petrol France 10,547 6.7% 6.7% 6.6% 5.1% Hypermarkets 5,114 5.1% 5.1% 5.0% 2.6% Supermarkets 3,470 5.3% 5.3% 6.3% 4
Slide 11: Q3 LFL over 3 years
Q3 LFL OVER 3 YEARS LFL ex. petrol ex. calendar Q3 2020 Q3 2021 Q3 2022 France 3.8% -0.3% 6.6% Hypermarkets 2.5% -2.8% 5.0% Supermarkets 4.9% 2.2% 6.3% Others, inc. convenience 5.4% 2.5% 10.8% Other European countries 1.9% -1.2% 8.6% Spain 6.3% -2.3% 8.7% Italy -8.0% 0.8% 7.1% Belgium 5.4% -5.4% 5.2
Slide 12: Q3 2022 Technical Effects
Q3 2022 TECHNICAL EFFECTS Calendar Petrol Forex France 0.0% 1.5% - Hypermarkets 0.1% 2.3% - Supermarkets -0.1% 0.8% - Others, inc. convenience -0.2% 1.0% - Other European countries -0.2% 0.7% -0.3% Spain -0.1% 1.8% - Italy -0.2% 0.7% - Belgium -0.8% - - Poland 0.1% -3.7% -4.3% Romania 0.2% 0.0% 0.4%
Slide 13: Stores under banners at end Q3 2022
STORES UNDER BANNERS AT END Q3 2022 Cash & Soft (#) Hypermarkets Supermarkets Convenience Total Carry discount France 253 1,039 4,406 148 33 5,879 Other European countries 459 2,006 3,492 12 86 6,055 Spain 205 160 1,076 - 51 1,492 Italy 43 440 1,025 12 - 1,520 Belgium 40 439 310 - - 789 Poland 94 15
Slide 14: Disclaimer
DISCLAIMER This presentation contains both historical and forward-looking statements. These forward- looking statements are based on Carrefour management's current views and assumptions. Such statements are not guarantees of future performance of the Group. Actual results or performances may differ