Cencosud (CENCOSUD) Corporate presentation summary

Scale and portfolio

• 60+ years of history, 115,000+ employees, operations in 6 countries and LTM March 2026 revenue of USD 17.948bn.

• Retail portfolio spans supermarkets, department stores, home improvement, shopping centers and financial services; supermarket operations contributed 80% of LTM revenue and 68% of adjusted EBITDA.

• Operated 1,396 retail stores across 6 countries, with 68 shopping centers, 2.4m sqm of GLA and a 5.4m sqm land bank.

Financial performance and position

• From 2020 to LTM March 2026, revenue rose 66.3% and adjusted EBITDA rose 51.5%; respective CAGRs were 10.7% and 8.7%.

• LTM March 2026 consolidated adjusted EBITDA was USD 1.570bn, with an 8.7% margin; supermarket operations represented 79.2% of adjusted EBITDA by business segment.

• Net leverage was 3.2x at 1Q26; cash and financial assets totaled USD 920m at March 31, 2026, and investment-grade ratings have been maintained since 2011.

• Growth priorities include organic expansion, supermarket leadership, omnichannel and e-commerce, operational efficiencies, complementary businesses, innovation and technology.

2026 guidance and investment

• 2026 revenue guidance is CLP 17,400bn, up 3.0% from 2025; adjusted EBITDA guidance is CLP 1,715bn, up 13.6%.

• Adjusted EBITDA margin guidance is 9.9% for 2026 versus 8.9% in 2025, an expansion of 92 bps.

• 2026 capex guidance is USD 600m; plans include 17 supermarket openings adding 42,000 sqm of selling space, 7 new The Fresh Market stores and 40,000 sqm of shopping-center GLA.