Chedraui (CHDRAUI) Corporate Presentation summary

Geographic presence and store formats

• Operates 484 stores in Mexico across 27 states, with a total leasable area of ~4.8 million sq. ft.

• U.S. presence includes 382 stores under El Super, Fiesta, and Smart & Final banners.

• 2024 store openings: 27 in Mexico and 4 in the U.S.

• Store formats range from large supermarkets to smaller neighborhood stores, targeting diverse customer segments.

• U.S. stores focus on Hispanic and diverse customer bases, with tailored product assortments and price leadership.

Financial performance and growth

• Consolidated sales reached MXN 71,886 million in 3Q'24, up 11.8% year-over-year.

• Consolidated EBITDA margin (excluding duplicate supply chain costs) improved to 8.8% in 3Q'24.

• Net Debt to EBITDA ratio improved to 0.02x, reflecting strong deleveraging.

• Five-year CAGR for sales was 17.0%, and for EBITDA (excluding RCDC) was 22.3%.

• ROE increased by 730 basis points since 2020.

Segment performance and operational highlights

• Retail Mexico sales grew 7.8% and U.S. retail sales grew 15.3% in 3Q'24.

• Retail Mexico SSS outperformed ANTAD for the 17th consecutive quarter.

• U.S. SSS increased 0.5% in dollar terms in 3Q'24.

• Smart & Final EBITDA declined, while El Super and Fiesta Mart EBITDA rose 19.5%.

• Real Estate division contributed 0.5% of consolidated sales and 4.1% of EBITDA.