Chedraui (CHDRAUI) Investor Presentation summary

Company history and expansion

• Founded in 1970 in Xalapa, Veracruz, with steady expansion across Mexico and the U.S. over decades.

• Major acquisitions include Fiesta Mart (2018) and Smart & Final (2021), boosting U.S. presence.

• Became publicly traded in 2010 and included in key indices like S&P/BMV IPC (2023) and MSCI Mexico (2024).

• Operates 970 stores across Mexico and the U.S. as of 2Q'25.

Business strategy and operations

• Focuses on lowest prices, tailored assortments, and strong customer experience.

• Emphasizes honesty, commitment, respect, and delivering results for sustainable growth.

• Adapts store offerings to regional and socioeconomic preferences.

Geographic and segment overview

• In Mexico: 586 stores across 27 states, with significant real estate holdings and multiple store formats.

• In the U.S.: 384 stores under El Super, Fiesta, and Smart & Final brands, targeting primarily Hispanic and diverse customers.

• 2025 store openings: 140 in Mexico, 4 in the U.S.