Cencosud Shopping (CENCOMALLS) investor relations material

Company overview and operational scale

• Leading multi-format retailer in the Americas with over 60 years of history and operations in six countries, supported by a commercial office in China and a digital hub in Uruguay.

• FY25 consolidated revenues reached USD 17,777 million, with a workforce exceeding 117,000 employees.

• Market capitalization stood at USD 9.1 billion as of December 2025.

• Operates 1,397 retail stores and 68 shopping centers, with a total sales area of 3.5 million sqm and a land bank of 5.4 million sqm for future growth.

Business segments and financial performance

• Supermarkets are the core business, contributing 80% of consolidated revenue and 67% of EBITDA in FY25.

• Other segments include department stores, home improvement, shopping centers, and financial services, each with distinct revenue and EBITDA contributions.

• Strong presence in Argentina, Brazil, Chile, Colombia, Peru, and the USA, with Argentina and Chile as major revenue contributors.

• Consistent revenue and adjusted EBITDA growth since 2019, with a CAGR of 10.1% and 9.6% respectively.

Financial strength and guidance

• Maintains investment-grade ratings (Moody’s Baa3, Fitch BBB, Humphreys AA, Feller Rate AA) and a controlled net leverage profile.

• Net leverage reduced to 2.8x by end of 2025, with a cash position of USD 959 million.

• Strong operational cash flow supports self-financed growth, dividends, and debt reduction.

• 2026 guidance projects 3% revenue growth and 13.6% adjusted EBITDA growth, with margin expansion to 9.9%.

• Disciplined capex plan of USD 600 million for 2026, focused on new stores, shopping centers, and ecosystem investments.