Parque Arauco (PARAUCO) Corporate presentation summary

Business overview and strategy

• Operates 59 multi-format retail real estate assets across Chile, Peru, and Colombia, with over 1.3 million sqm of GLA and a 95.7% occupancy rate as of December 2025.

• Regional leader with a diversified portfolio including shopping centers, strip centers, outlets, and multifamily projects.

• Strategic growth plan targets a US$1 billion investment through 2030, adding ~350,000 sqm of GLA, with US$415 million yet to be deployed.

• Growth priorities: expansion/reconversion of existing assets, new shopping centers, and multifamily developments in key cities.

• Recent expansion includes acquisitions and new projects in all three countries, reinforcing market leadership.

Financial and operational performance

• 2025 revenues projected at US$402 million (+21.2% vs 2024), EBITDA at US$285 million (+19.5%), and FFO at US$229 million (+16.3%).

• Tenant sales for 2025 expected at US$3,756 million, up 16.4% year-over-year.

• Maintains strong financial discipline: net financial debt/EBITDA target of 5.0–6.0x, with a BBB international credit rating and AA local ratings.

• Consistent revenue and EBITDA growth since 2016, with EBITDA margin expanding by ~550 bps.

• Diversified revenue streams, with non-rental income nearly doubling since 2022.

Portfolio and tenant diversification

• Flagship assets like Parque Arauco Kennedy, Larcomar, and Parque La Colina drive NOI and sales per sqm.

• Well-diversified geographic exposure: 46% of GLA in Chile, 35% in Peru, 19% in Colombia.

• Tenant base includes over 3,500 stores, with no exposure to related retail entities and reduced reliance on anchor tenants.

• 100% of revenues from unrelated third parties; only 38% of GLA from anchor stores.