Sendas Distribuidora (ASAI3) investor relations material

Market position and brand strength

• Handles approximately 40 million customer visits monthly, with 60% household penetration in Greater São Paulo.

• Recognized as the most valuable retail brand in Brazil, valued at R$12 billion.

• Largest and most present food retail company in the country.

• Maintains high brand recall in both physical and digital retail, with strong social media presence.

Customer base and segmentation

• Diverse customer base, serving both B2C and B2B segments, including small businesses and large families.

• Homogeneous penetration across social classes and age groups in regions of operation.

• B2C accounts for 84% of customer flow and 58% of sales; B2B represents 16% of flow and 42% of sales.

Operational and financial performance

• Gross revenue grew from R$46 billion in 2021 to R$85 billion in 2025, with a 19% CAGR (2019–2025).

• Store count increased from 166 in 2019 to 313 in 2026, with significant hypermarket conversions.

• Maintains stable profitability and EBITDA margins, with gross margin improvements and disciplined SG&A control.

• Leverage reduced to 2.52x in 1Q26, down from 3.15x in 1Q25.