Chedraui (CHDRAUI) Corporate Presentation summary

Geographic presence and store portfolio

• Operates over 541 stores in Mexico and 384 stores in the U.S. as of 2024, with significant expansion in both markets.

• 2024 openings include 84 new stores in Mexico and 6 in the U.S.

• Diverse formats in Mexico: Chedraui, Súper Chedraui, Súper Che, Supercito, Arteli, and Selecto Chedraui.

• U.S. banners include El Super, Fiesta, and Smart & Final, targeting Hispanic and diverse customer bases.

Financial performance and growth

• Consolidated sales reached MXN 71,886 million in 3Q'24, up 11.8% year-over-year.

• EBITDA margin (excluding duplicate supply chain costs) improved to 8.8% in 3Q'24.

• Net Debt to EBITDA ratio improved to 0.02x, reflecting strong deleveraging.

• Five-year CAGR for sales at 17.0% and for EBITDA at 22.9%.

• ROE increased by 730 basis points since 2020.

Segment and business unit results

• Retail Mexico sales grew 7.8% and U.S. retail sales grew 15.3% in 3Q'24.

• Retail Mexico EBITDA margin rose to 9.1%, while U.S. retail EBITDA margin (excluding DC duplicity) was 8.1%.

• Smart & Final EBITDA margin decreased, while El Super and Fiesta Mart saw a 26.9% EBITDA increase.

• Real Estate division contributed 0.5% of consolidated sales and 3.8% of consolidated EBITDA.