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RESULTS Q2'26 GRUPO CASASBAHIA In Q2 2026 , Grupo Casas Bahia generated R $ 800 million in free cash flow and maintained leverage at 0.5x . Net revenue reached R $ 7.0 billion ( + 1.6 % y / y ) , with adjusted EBITDA of R $ 518 million ( 7.4 % margin ) . Against a more challenging macro and credit backdrop , the Company is advancing Phase 2 of its Transformation Plan . The restructuring resulted in R $ 9.1 billion of non - recurring accounting impacts to net income , with no cash outflow in the quarter Cash & Liquidity : 2Q'26 Results • • • Liquidity balance , including receivables , totaled R $ 2.9 billion in 2Q'26 Free Cash Flow to the Firm of R $ +800 million in 2Q'26 , compared to R $ 173 million in 2Q'25 , totaling R $ 4.0 billion over the LTM . Interest payments of BRL 14 million lower vs. 1Q'26 , reflecting the maturation of initiatives under the new capital structure . Leverage : net debt improved by BRL 293 million sequentially , reaching 0.5x , compared with 0.5x in 1Q'26 . Sales ( GMV ) : Consolidated GMV reached R $ 10.5 billion , up 0.5 % compared to 2Q'25 , with a portfolio fully focused on core categories . Physical stores GMV and same - store sales ( SSS ) declined ( 3.2 % ) , vs 6.7 % in 2Q'25 . E - commerce GMV grew 6.2 % versus 2Q'25 , marking the seventh consecutive quarter of growth , driven by core categories . • Online 1P GMV increased 15.3 % , achieving growth for the fifth consecutive quarter . • 3P GMV declined by ( 6.7 % ) vs. 2Q'25 , while revenue remained stable and profitability improved , with take rate reaching 13.1 % compared to 12.5 % in 20'25 Revenue & Profitability : ⋅ Net Revenue growth of + 1,6 % vs. 2Q'25 , reaching R $ 7.0 billion ⋅ Gross margin of 32,9 % vs. 30.1 % in 2Q'25 , an increase of 280 Bps • Adjusted EBITDA margin of 7.4 % in 2Q'26 , down 90 bps compared to 2Q'25 , totaling R $ 518 million • Recurring interest expenses of R $ 988 million , stable sequentially and 24 % lower than in 4Q'25 . • Adjusted Net Loss of R $ 978 million in 2Q'26 vs. R $ 555 million in 2Q'25 • Non - recurring impacts from asset write - offs , restructuring , non - performing contracts , and Deferred Income Tax , due to Phase 2 of the Plan , impacted on net income R $ 9.1 billion , but had no cash impact in the quarter . Financial Solutions : • Credit portfolio of R $ 6.3 billion , up 5 % YoY , with over - 90 - day delinquency and net loss ratios of 8.9 % and 4.3 % , respectively Income Statement 2Q'26 vs. 2Q'25 Leverage and Adjusted Net Loss Bridge ( R $ Million ) 2.2x 1,9x Q2'26 Q2'25 Var . 6M26 6M25 Var . 4.95 4,48 0,4x 0,5x 0,5x Gross Revenue 8.320 8.186 1,6 % 17.150 16.485 4,0 % Net Revenue 6.977 6.867 1,6 % 14.393 13.858 3,9 % Gross Profit 2.293 2.067 10,9 % 4.540 4.176 8,7 % 1,13 1,25 1,20 Gross Margin 32,9 % 30,1 % 60 bps 31,5 % 30,1 % 30 bps SG & A ( 1.833 ) ( 1.566 ) 17,0 % ( 3.537 ) ( 3.182 ) 11,2 % Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 Adjusted EBITDA 518 572 -9,4 % 1.115 1.142 -2,4 % Net Debt Net Debt / Adjusted EBITDA Adjusted EBITDA Margin 7,4 % 8,3 % 130 bps 7,7 % 8,2 % 170 bps Other Expenses ( 3.529 ) ( 49 ) 7102,0 % ( 3.617 ) ( 67 ) 5298,5 % EBIT ( 3.276 ) 283 -1257,6 % ( 3.026 ) 570 n / a Financial Results ( 1.278 ) ( 1.147 ) 11,4 % ( 2.449 ) EBT ( 4.554 ) ( 864 ) n / a ( 5.475 ) ( 2.069 ) 18,4 % ( 1.499 ) n / a Reported Net Loss Deferred Tax Impact Contractual Contingency Liability Goodwill Impairment ( Investment ) Restructuring Expenses Gain ( loss ) on disposal of property , plant and equipment and intangible assets --0,5 -0.2 -1,0 Income Tax & Social Contribution ( 5.563 ) 309 n / a Net Income ( Loss ) ( 10.117 ) Resultado Líquido Ajustado ( 978 ) ( 555 ) n / a ( 555 ) 76,2 % ( 5.706 ) ( 11.181 ) 536 n / a -1,8 ( 2.042 ) ( 963 ) n / a ( 963 ) n / a -10,1 -5,7 1 Adjusted Net Loss -1,0