Grupo Comercial Chedraui Sab De Cv Class B · BMV:CHDRAUI/B
Grupo Comercial Chedraui Sab De Cv Class B — Q2 2022 Earnings Presentation
16 slides from Grupo Comercial Chedraui Sab De Cv Class B's earnings presentation, Aug 1, 2022
Slide 1: Grupo Comercial Chedraui Q2 2022 Results
GRUPO COMERCIAL Q2 °22 RESULTS 2022
Slide 2: Legal Disclaimer
LEGAL DISCLAIMER This material has been prepared solely for informational purposes and is not to be construed as a solicitation or an offer to buy or sell any securities and should not be treated as giving investment advice. No representation or warranty, either express or implied, is provided in re
Slide 3: José Antonio Chedraui, Carlos Smith
José Antonio Chedraui Carlos Smith
Slide 4: Quarter Highlights: Mexico SSS Growth and EBITDA
SSS Growth EBITDA Q U A RT E R autbertenng: “head —_ open HIGHLIGHTS 1,999 MEXICO MXN in million Q2°21 Q2°22 Q2°21 Q2°22
Slide 5: Quarter Highlights: US Accelerated SSS and EBITDA Margin
Accelerated SSS EBITDA margin growth for Hispanic expanding through QU ARTE R division integration EEE EERE HIGHLIGHTS 3,158 US MXN in million Q2°21 Q2°22 Q2°21 Q2°22
Slide 6: Quarter Highlights: Consolidated Sales and EBITDA
Sales growing organically and through Consolidated EBITDA QU ARTER consolidation margin expansion tT | a mp go HIGHLIGHTS csr oss CONSOLIDATED MXN in million Q2°21 Q2°22 Q2°21 Q2°22
Slide 7: Quarter Highlights: Consolidated Net Income
QUARTER eet HIGHLIGHTS oceenn8 CONSOLIDATED 1,510 As reported 1.26 0.72 0.61 0.54 0.41 | MXN in million Q2°21 Q2°22 Q2°21 Q3°21 Q4°21 QI22 Q2°22 S&F and organic growth fueling Net Income 844
Slide 8: Internal platform: Chedraui Super veloz and website relaunched
4% Internal platform: “Chedraui Super veloz” and website relaunched
Slide 9: Strong fundamentals fueling EBITDA
Strong fundamentals fueling EBITDA +28.1% EBITDA growth YoY to $1,999 million pesos +70 bps margin expansion, significantly higher than the 10-1Sbps objective for the year Topline growth achieved allows operating leverage and offsets increases in operating expenses Real Estate above pre-pandemic lev
Slide 10: Unprecedent levels of growth
Unprecedent levels of growth +12% SSS growth YoY on Hispanic division +172.3% total sales growth for the operation in the quarter to $ 38,531 million pesos due to Smart & Final integration Price competitiveness maintained despite inflationary environment On track to open 1 new Smart & Final store be
Slide 11: Resilient business model
Resilient business model +190.3% EBITDA growth YoY to $3,158 million pesos +51 bps margin expansion to 8.2%, above objective of +40 bps for the year Solid performance across banners: ® El Super continues to achieve strong margins Fiesta margin +20 bps; maintains track to achieve 7% margin in 2023 8.
Slide 12: Financial Performance
FINANCIAL PERFORMANCE La Gi Ve aa ES] 35,749 Net Sales 63,817 Operating Income Cost of Goods Sold 27,686 49,162 77.6% Financing Expenses 680 1,257 84.9% Gross Profit 8,063 14,655 81.7% Results oh acscelated 0 16 companies % NS 22.6% 23.0% Net Income Before Taxes 1,242 2,204 77.5% Operating Expenses
Slide 13: Financing and Capex
Smart & Final FINANCING reason AND CAPEX + 1.26 0.61 0.41 Company l leverage net debt to EBITDA ratio Q2°21 Q3°21 Q4°21 8.4% 32% 1.7% Capex 4002 eer 2019 2020 2021 “includes the investment for the acquisition of Smart & Final. MXN in million Proforma As reported 0-72 0.54 Q1°22 Q2°22 2.8% 1,805 Tota
Slide 14: Debt Breakdown
DEBT BREAKDOWN Cash Total debt Net debt Q2°22 MXN in million
Slide 15: Sustainability
SUSTAINABILITY Chedraui included in Bloomberg's Gender-Equality Index e Part of 418 companies around the world e One of 10 Mexican companies included Chedraui’s sustainability annual report published ° Report available in both English and Spanish in our corporate website includes relevant informatio
Slide 16: Thanks
THANKS For more information please contact IR team: ARTURO VELAZQUEZ ELIAS RANGEL avelazquez@chedraui.com.mx erangel@chedraui.com.mx
Grupo Comercial Chedraui — Q2 2022 Earnings Presentation on 6ix