3Q25 Results

Tiendas 3B Third Quarter 2025 Financial Results

Anthony Hatoum

Chairman and CEO

Eduardo Pizzuto

CFO

• 3Q25 Key Highlights

• Operational Performance

• Financial Results

• Closing Remarks

• Q&A

  
  
  

  Opened 131 net new stores in 3Q25

  3,162 stores and 18 DC's as of 3Q25

  LTM store openings of 528 & 2 new DC's in 3Q25

  9M25 Cash Flow from Operations Ps. 3,095 million

  Net cash(3) of Ps. 1,113 million; additionally, cash of ~$151 million in USD bank deposits

  Same Store Sales(1) growth of 17.9% versus 3Q24

  Revenue of Ps. 20,279 million, YoY growth of 36.7%

  EBITDA ex. SBP(2) of Ps. 1,170 million, up 43.6% YoY EBITDA post-SBP of Ps. -404 million

  
  
  
  
  
  
  
  
  

  1. We measure "Same Store Sales" using revenue from sales of merchandise from stores that were operational for at least the full preceding 12 months for the periods under consideration. 5

  2. SBP: Share-based payment expense.

  3. Net Cash refers to Cash and Cash Equivalents.

• 3Q25 Key Highlights

  • Operational Performance

• Financial Results

• Closing Remarks

• Q&A

Number of Stores

'20-'YTD25 CAGR:

21.6%

3,162 2,772

+390

2,288

+484

1,892

+396

1,500

+392

1,249

+251

Units

2020 2021 2022 2023 2024 9M25

Total Revenue

Ps. MM

YoY Growth: 36.7% 20,279 14,834

Same Store

Sales Growth

3Q24 3Q25 11.6% 17.9%

Same Store Sales Growth

Percentage (%)

17.7% 17.9% 13.5% 11.8% 10.7% 11.6%

2.1% 2.5% 3.5% 3.1% 0.6% 1.1%

2Q24 3Q24 4Q24 1Q25 2Q25 3Q25

(1) (2)

ANTAD Self-Service TBBB

Source: ANTAD Self-Service 3-month average. 9

1. ANTAD uses the sales of stores that have been in operation for more than one year, making them comparable against prior periods.

2. Same Store Sales refers to revenue from stores that have been operational for at least the full 12 months prior to the period under analysis.

Agenda

• 3Q25 Key Highlights

• Operational Performance

  • Financial Results

• Closing Remarks

• Q&A

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