Ripley Corp (RIPLEY) investor relations material

Executive summary

• Achieved record net income in 4Q25, up 115.3% YoY, and record full-year net income of CLP 119,176 million (+CLP 65,124 million YoY), the highest in company history.

• Revenue grew 8.2% YoY in 4Q25, led by Retail Peru (+19.5% YoY in CLP), banking (+11.1% YoY), and Mall Aventura (+55.0% YoY in CLP).

• Retail Peru delivered its best result in 27 years, and Real Estate segment reached record profitability.

• Banco Ripley Chile recognized among top 10 banks in Latin America for financial strength and efficiency.

• Non-bank Adjusted Net Debt/EBITDA improved from 5.6x to 2.6x YoY, reflecting stronger cash generation and debt amortizations.

Financial highlights

• 4Q25 revenues: CLP 696,898 million (+8.2% YoY); 2025 revenues: CLP 2,219,805 million (+6.3% YoY), driven by Retail Peru, banking, and Mall Aventura.

• Gross profit up 10.2% YoY in 4Q25 to CLP 259,835 million; gross margin expanded by 69 bps to 37.3%.

• EBITDA rose 10.5% YoY in 4Q25 and 22.9% YoY for 2025; margin expanded 130 bps to 9.6%.

• Operating income increased 16.5% YoY in 4Q25; net income up 115.3% YoY in 4Q25 and 120.5% YoY for 2025.

• SG&A expenses rose 8.1% YoY in 4Q25, but operating leverage maintained at 27.3% of revenues.

Outlook and guidance

• 2026 investment plan of CLP 49.3 billion (+28% YoY), focusing on omnichannel, technology, logistics, and mall expansions.

• Capex allocation: 39% Banco Ripley, 35% Retail, 26% Mall Aventura; gradual mall expansion planned through 2028.

• Real estate segment to expand with new projects in Arequipa and Santa Anita, adding 3,500 sqm in 2025.

• Mall Aventura has ~35,000 sqm of expansion potential, with further growth planned through 2028.

• Focus on customer growth, digital platforms, and expense efficiency for profitable, sustainable growth.