Falabella (FALABELLA) investor relations material

Executive summary

• Retailers achieved solid topline growth in 1Q26, with total online GMV up 21% year-over-year.

• Consolidated revenues grew 7% year-over-year to US$3,601 million, with EBITDA up 15% to US$584 million (16.2% margin) and net income up 22% to US$253 million (7.0% margin).

• Omnichannel and digital ecosystem performance was strong, with over 770,000 new accounts/cards opened (+8% YoY).

• All major business segments reported revenue and profitability growth.

• S&P and Fitch upgraded credit ratings to BBB- (investment grade, stable outlook).

Financial highlights

• Online GMV grew 21% year-over-year, with strong revenue growth across Chile, Peru, and Colombia.

• EBITDA margin improved to 16.2% in 1Q26 from 15.1% in 1Q25.

• EBITDA increased to $633 million in 1Q26, up from $584 million in 4Q25.

• Cash (non-banking) reached US$1,972 million (+70% YoY); net financial debt reduced by 42% YoY to US$1,636 million.

• Loan portfolio reached US$8.3 billion (+18% YoY); NPL ratio at 2.6% (-24 bps YoY).

Outlook and guidance

• Strategy aims to continue improving profitability and cash generation.

• Focus remains on enhancing the physical-digital ecosystem, operational flexibility, and accelerating innovation.

• Ongoing investment in digitalization, customer experience, and expansion of Tier A assets in Mallplaza.