Earnings release
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2Q26 Results LOJAS RENNER S.A. RENNER CAMICADO YOUCOM realze ASHUA
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Classificação: Interno ¹ Return on Invested Capital (ROIC), calculated as NOPAT divided by Invested Capital, where (a) NOPAT represents operating prof it after taxes and (b) Invested Capital corresponds to the average total capital allocated, including equity and debt. ² ROIC adjusted excluding the effects of Resolution 4,966. Disciplined focus on operational efficiency and expense management, preserving profitability Retail revenue increased 1.1%, with SSS growth of 0.5% , while apparel sales advanced 2.5% , with SSS growth of 1.5% Gross profit increased 1.8%, with a record retail gross margin for a second quarter of 57.5% (+0.4 p.p.) and apparel gross margin of 58. 7% (+0.3 p.p.) Retail EBITDA reached R$ 791.2 million (+2.3%) , with a margin of 21.4% (+0.2 p.p.) Realize delivered earnings of R$ 53.5 million, with stable and adequate delinquency Digital GMV increased 13.1%, reaching 16.9% of total retail sales R$ 135 million generated in free cash flow, with a strong cash position of R$ 1.9 billion and net cash of R$ 1.2 billion Financial cycle of 105 days, a 3- day reduction versus 2Q25 LTM ROIC¹ improved for a further quarter, reaching 15.1% (+1. 9 p.p.), on a comparable basis ², above the cost of capital Net income of R$ 405 million and earnings per share of R$ 0.4165 (+3.5%) (or +11.7% on a comparable basis) LTM net revenue per square meter reached R$ 17.2 thousand, an increase of 1.7% Repurchase of 22.0 million shares , totaling R$ 313 million, and approved R$ 438 million in Interest on Capital (IoC), in 1H26 Disciplined expense management with expenses increasing by only 1.5% (1.9% ex-IFRS 16) Highlight in sustainability indexes B3 ISE and also Dow Jones Best -in- Class; Publication of the second edition of the 2025 IFRS S1 and S2 Report/CBPS 1 and 2 and Opening of 44 stores on an LTM basis, a 2.2% increase in selling area
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Classificação: Interno Message from CEO Revenue growth in the second quarter of 2026 was below our projections . This performance reflected not only the strong comparison base of 2Q25, but also a more pronounced impact of the World Cup on traffic in physical stores and consumer purchasing patterns, exceeding our expectations and the historical impact observed in previous events. Despite this context, we expanded gross margin to record levels, maintained disciplined inventory management, and exercised strict expense control preserving profitability, expanding ROIC¹ LTM and net income. Retail net revenue increased 1.1% in 2Q26 and 2.5% growth in apparel sales. On a two-year basis, growth was 19.8% and 23.1%, respectively. Throughout the quarter, we continued investing in important commercial and brand- strengthening initiatives. Our Mother’s Day campaign had record levels for the event, while the Brasilcore-themed collaborations increased customer engagement during the period of the World Cup. We also expanded our private- label portfolio into the beauty segment with the launch of Alchemia’s fragrance line, further reinforcing our abilit y to innovate and differentiate ourselves. Our digital channel maintained a consistent growth trajectory in 2Q26 with GMV increasing 13.1% and reaching 16.9% of total retail sales. During a quarter marked by lower store traffic during the period of the World Cup, the digital environment proved to be an important channel for the capture of demand, supported by targeted commercial initiatives, thematic activations, and gamification efforts. This performance reinforces the relevance of our omnichannel proposition and our ability to engage consumers across different stages throughout the shopping journey. We continued to strengthen the structural quality of our business delivering another quarter with record gross margins for retail and apparel segments of 57.5% and 58.7%, respectively, culminating in a 1.8% growth in gross profit. Expansion in margins was driven by improved inventory management, a higher share of full -price sales and a favorable exchange rate, demonstrating our ability to capture gains in efficiency from our operating model. A key highlight of the quarter was the discipline in managing operating expenses, which increased by only 1. 5% in spite of an environment pressured by inflation and higher investments related to store openings during the period. This performance reflects the consistency of our initiatives in efficiency, process reviews and productivity gains in support of our ongoing expense dilution agenda. These operational advances translated into Retail EBITDA reaching R$ 791 million, a 0.2 p.p. growth in margin and adjusted net income totaled R$ 397 million, representing an increase of 8% on a comparable basis, accompanied by 11.7% growth in earnings per share, also on a comparable basis. For another consecutive quarter, we delivered a sequential improvement in LTM ROIC¹, reaching 15. 1%, an increase of 1. 9 p.p, on a comparable basis . During the year , we repurchased 22 million shares, corresponding to R$ 313 million and in addition to approving R$ 438 million in interest on capital (IoC) , resulting in a distribution of 113% of net income for the 2026 first half , reflecting our focus on disciplined capital allocation and shareholder returns. Guided by our commitment to transparency with the market, we revised our 2026 net revenue growth guidance from 9% to 13% to 4% to 8%, reflecting the lower-than-expected sales performance in 2Q26 and a more challenging macroeconomic and competitive environment. Growth is expected to accelerate in the second half of 2026, supported by selling area expansion, the reopening of key stores, the advancement of commercial initiatives and a more favorable comparison base. For the period from 2027 to 2030, we maintain our net revenue growth guidance from 9% to 13%. All other metrics projected for the 2026–2030 cycle remain unchanged. We continue to advance the execution of our long- term strategy, supported by the structural initiatives that underpin our 2030 ambitions: store expansion, increased omni productivity and digital growth. The average performance of stores opened this year and in recent years has exceeded our expectations, reinforcing our confidence in the plan to open 50 to 60 stores in 2026, reaching 570 to 600 Renner stores and 260 to 290 Youcom stores by 2030. Progress in profitability, cash generation and return on invested capital reaffirms our commitment to creating value for stakeholders. Fabio Faccio – CEO ¹ Return on Invested Capital (ROIC), calculated as NOPAT divided by Invested Capital, where (a) NOPAT represents operating prof it after taxes and (b) Invested Capital corresponds to the average total capital allocated, including equity and debt. ² ROIC adjusted excluding the effects of Resolution 4,966.
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Classificação: Interno Main Financial Indicators August 6, 2026 – Lojas Renner S.A. (B3: LREN3) reports its 2Q26 and 1H26 resu lts. All amounts are expressed in millions of Brazilian Reais (R$), and comparisons are made against the same period of the previous year, unless otherwise stated. R$ million 2Q26 2Q25 ∆ 1H26 1H25 ∆ Retail net revenue 3,689.2 3,649.7 1.1% 6,565.2 6,406.5 2.5% Retail Same Store Sales 0.5% 17.3% n.a 1.8% 14.5% n.a Apparel net revenue 3,345.1 3,262.6 2.5% 5,909.9 5,703.4 3.6% Apparel Same Store Sales 1.5% 18.5% n.a 2.6% 15.7% n.a Digital GMV (1P + 3P) 837.6 740.5 13.1% 1,464.7 1,324.3 10.6% Digital GMV Penetration 16.9% 15.2% 1.7p.p. 16.8% 15.1% 1.7p.p. Retail gross margin 57.5% 57.1% 0.4p.p. 57.1% 56.2% 0.9p.p. Apparel gross margin 58.7% 58.4% 0.3p.p. 58.4% 57.4% 1.0p.p. Operating expenses (post IFRS 16) (1,341.2) (1,320.8) 1.5% (2,555.5) (2,464.5) 3.7% % Operating expenses/Retail net revenue -36.4% -36.2% 0.2p.p. -38.9% -38.5% 0.4p.p. Operating expenses (ex IFRS 16) (1,515.2) (1,487.4) 1.9% (2,903.1) (2,797.3) 3.8% % Operating expenses/Retail net revenue -41.1% -40.8% 0.3p.p. -44.2% -43.7% 0.5p.p. Retailing EBITDA 791.2 773.4 2.3% 1,278.7 1,168.1 9.5% Retailing EBITDA Margin 21.4% 21.2% 0.2p.p. 19.5% 18.2% 1.3p.p. Financial Services Result 53.5 118.5 -54.9% 176.4 308.9 -42.9% Total Adjusted EBITDA 844.6 891.9 -5.3% 1,455.1 1,477.0 -1.5% Total EBITDA Margin 22.9% 24.4% -1.5p.p. 22.2% 23.1% -0.9p.p. Free Cash Flow 135.1 333.1 -59.4% 393.2 404.0 -2.7% Net Income 404.6 404.5 0.0% 661.9 625.5 5.8% Net Margin 11.0% 11.1% -0.1p.p. 10.1% 9.8% 0.3p.p. Earnings per Share (R$) 0.4165 0.4024 3.5% 0.6785 0.6115 11.0% ROIC¹LTM 15.1% 14.1% 1.0p.p. 15.1% 14.1% 1.0p.p. ¹ Return on Invested Capital (ROIC), calculated as NOPAT divided by Invested Capital, where (a) NOPAT represents operating profit after taxes and (b) Invested Capital corresponds to the average total capital allocated, including equity and debt. Earnings Conference Call Aug 7, 2026 10 AM BRT / 9 AM US-EDT The webinar will be live broadcast with simultaneous English translation: https://us06web.zoom.us/webinar/register/WN_6 CDMveE8Q3mhgW-Ix3s9BA Data as of 07/31/2026 Price R$ 13.60/per share Market Cap R$ 13.1 billion Outstanding shares 961.3 M
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Classificação: Interno Retail Net Revenue R$ million 2Q26 2Q25 ∆ 1H26 1H25 ∆ Retail net revenue 3,689.2 3,649.7 1.1% 6,565.2 6,406.5 2.5% Renner 3,414.1 3,376.8 1.1% 6,037.7 5,899.3 2.3% Youcom 142.0 140.0 1.4% 263.6 246.5 6.9% Camicado 133.1 132.9 0.2% 263.9 260.7 1.2% Retail same store sales 0.5% 17.3% n.a 1.8% 14.5% n.a Apparel net revenue 3,345.1 3,262.6 2.5% 5,909.9 5,703.4 3.6% Apparel same store sales 1.5% 18.5% n.a 2.6% 15.7% n.a Operating data Digital GMV (1P + 3P) 837.6 740.5 13.1% 1,464.7 1,324.3 10.6% Digital GMV participation 16.9% 15.2% 1.7p.p. 16.8% 15.1% 1.7p.p. Retailing net revenue per sq meters (thousand R$) 4.49 4.54 -1.1% 7.99 7.97 0.3% Company average ticket size (R$) 228.8 226.9 0.8% 216.4 211.4 2.4% Proprietary cards average ticket size (R$) 315.4 318.8 -1.1% 300.1 294.8 1.8% Average sales area (thousand sq. meters) 822.0 804.5 2.2% 821.9 804.3 2.2% Note: Retail net revenue includes revenue from merchandise sales (apparel, footwear, beauty, home, and decoration categories), as well as revenue from services related to marketplace operations. For enhanced analysis, revenue from Ashua and Repassa operations is presented together with Renner's operation. Consolidated Retail net revenue reached R$3,689.2 million, representing 1.1% growth compared to the 18.5% increase recorded in 2Q25. On a two-year basis, the Company delivered a 19.8 % (compound growth rate of 9.4%) . On a same-store sales (SSS) basis, growth was 0.5%. In the apparel category, net revenue and same- store sales (SSS) increased 2.5% and 1.5%, respectively. On a two -year basis, the Company delivered a 23 .1% (compound growth rate of 10.9%). In 1H26, retail net revenue totaled R$ 6,565.2 million, up 2.5% compared to 1H25. In the apparel category, net revenue and same- store sales (SSS) increased 3.6% and 2.6%, respectively. 2Q26 performance came in below the Company's initial expectations, reflecting a more challenging consumer environment than anticipated. Since the preparation of the 2026 projections, the macroeconomic backdrop has deteriorated, with interest rates declining at a slower pace and household indebtedness increasing. 3.175,7 2.985,3 3.079,9 3.649,7 3.689,2 37,9% -6,8% 2,7% 17,3% 0,5% 2Q22 2Q23 2Q24 2Q25 2Q26 Retail Net Revenue 4-years CAGR 3.8% Retail Net Revenue (R$ MM) SSS - Same Store Sales (%) 6.406,5 6.565,2 14,5% 1,8% 1H25 1H26
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Classificação: Interno World Cup matches negatively impacted traffic in physical stores and consumer spending patterns more significantly than historical trends would suggest. The quarter was also marked by greater consumer engagement with sports betting platforms and a more competitive environment, with increased activity from international cross-border platforms following the exemption from federal taxation. In light of this context, the Company revised its 2026 net revenue growth guidance from 9%-13% to 4%-8%, reflecting the below-expected performance in 2Q26 and a more challenging macroeconomic and competitive environment. The Company expects growth to reaccelerate in the second half of the year, driven by a more favorable comparison base, the expansion of selling space, the reopening of relevant stores that underwent renovations throughout 2026, and the advancement of commercial, digital, and product innovation initiatives. The Company maintains its growth projections of 9% to 13% for the years 2027 through 2030. Renner Renner-brand net operating revenue reached R$ 3,414.1 million , increasing 1.1% compared to 2Q25, in a quarter marked by a tough comparison base. In 2Q25, retail net revenue grew 18. 5%, driven by unusually colder temperatures that accelerated demand for winter apparel. In 2026, although the normalization of temperatures in May benefited winter categories, the impact of the World Cup on traffic in physical stores and a more aggressive competitive environment resulted in sales performance below expectations. It is worth noting that net revenue was negatively impacted by approximately 0.4 p.p. during the quarter due to the removal of the Beauty segment as of April 1, 2026, from the ICMS Tax Substitution (ICMS-ST) regime in the state of São Paulo, resulting in an accounting effect with no impact on Gross Profit. This change is expected to be the most significant one of all the states in the Federation. Highlights of commercial initiatives during the quarter included the Mother’s Day campaign, which delivered a record performance in revenues. The collections developed for the World Cup, including collaborations with Guaraná Antarctica and Ronaldinho Gaúcho, also helped strengthened consumer engagement during the event. The São João collection stood out for its use of personalized customer journeys and contributed to enhancing the brand’s cultural relevance. During the period, Renner also launched Alchemia’s first fragrance line, expanding its private- label portfolio and strengthening its presence in new categories. Digital Digital GMV increased 13.1% in the quarter, reaching a 16.9% penetration rate, while delivering higher profitability when compared to 2Q25. Conversion reported a 19.7% improvement, reflecting enhancements to the shopping experience and continued progress in the digital journey. Highlights included the expansion of the image search and similar products introducing additional functionality to the Renner app following the launch of the feature on the website in 1Q26. Amid lower traffic through the physical stores during June due to the World Cup, consumers showed a greater propensity to shop online. In this context, game-day activations, CRM initiatives, and the growth of Favoritos Renner (brand influencers) contributed to greater customer engagement and increased sales. The Renner app maintained its leadership among domestic fashion retailers, ending the period with 7.2 million monthly active users (MAUs). The Company also reinforced its leadership as the most visited fashion website and app in Brazil, reflecting the strength of the brand and the effectiveness of its digital marketing strategies. Specialized business Camicado reported net revenue of R$ 133.1 million, stable with a 0.2% increase, reflecting a more challenging consumer environment, particularly in June. Despite this backdrop, the brand continued to expand its omnichannel customer base, supported by higher frequency purchasing. CRM initiatives also started to gain traction, enabling more targeted campaigns, such as gift bundles and personalized offers, generating positive initial results and presenting opportunities for further acceleration throughout the second half of the year. Youcom reported net revenue of R$ 142.0 million, growing 1.4% compared to the 21.7% increase recorded in 2Q25, reflecting a stronger comparative base and a more challenging consumer environment, particularly in June. Performance was also impacted more than expected by temporary factors related to a migration of systems that affected store replenishment during part of the quarter . The migration of systems has since been completed and operations have normalized. 4,0 3,8 3,9 4,5 4,5 2Q22 2Q23 2Q24 2Q25 2Q26 Retail Net Revenue/m² (R$ thousand) 4-years CAGR 2.8% 8,0 8,0 1H25 1H26 556,5 596,3 608,4 740,5 837,6 13,3% 14,9% 14,8% 15,2% 16,9% 2Q22 2Q23 2Q24 2Q25 2Q26 Digital GMV 4-years CAGR 10.8% Digital GMV (R$ MM) Penetration (%) 1.324,3 1.464,7 15,1% 16,8% 1H25 1H26
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Classificação: Interno Retail Gross Profit and Margin R$ million 2Q26 2Q25 ∆ 1H26 1H25 ∆ Retail gross profit 2,121.3 2,084.3 1.8% 3,751.3 3,602.2 4.1% Retail gross margin 57.5% 57.1% 0.4p.p. 57.1% 56.2% 0.9p.p. Renner 57.2% 56.9% 0.3p.p. 56.9% 56.0% 0.9p.p. Youcom 63.7% 63.7% 0.0p.p. 62.5% 62.0% 0.5p.p. Camicado 57.9% 55.9% 2.0p.p. 56.8% 55.6% 1.2p.p. Apparel gross profit 1,963.7 1,906.3 3.0% 3,450.6 3,274.8 5.4% Apparel gross margin 58.7% 58.4% 0.3p.p. 58.4% 57.4% 1.0p.p. Note: Retail gross profit includes the cost of goods sold for merchandise sales (apparel, footwear, beauty, home, and décor categories). For improved comparability and analysis, the cost related to Ashua and Repassa operations is presented together with Renner’s operations. Consolidated Consolidated gross profit from retail operations totaled R$ 2,121.3 million, increasing 1.8% year-over-year. Consolidated retail gross margin expanded by 0.4 p.p., reaching a record 57.5%, while apparel gross margin increased by 0.3 p.p. to a record 58.7% in spite of the record-high base for comparison in 2Q25. Margin expansion was primarily driven by commercial performance, with key contributors including a higher share of full -price sales, gains from increased supply chain responsiveness, and a more favorable foreign exchange environment. The Company ended the period with inventory balances up 6.5% compared to 2Q25, while the average inventory period (LTM) increased by 1 day, reaching 123 days. Inventory management remained efficient, supported by more precise inventory allocation at store level. Promotional actions were deployed selectively to preserve inventory quality, resulting in a 11.9% decrease of items older than 16 weeks compared to the same period last year . Inventory remains aligned with future demand, both in terms of volume and age reduction, even amid the more challenging sales environment observed in June. In 1H26, consolidated retail gross profit totaled R$ 3,751.3 million , representing 4.1% growth compared to the previous year . Consolidated gross margin reached 57.1%, a record level for a first half and a growth of 0.9 p.p.. Apparel gross margin also increased by 1.0 p.p., reaching 58.4%. Renner Renner reported a gross margin of 57.2%, an increase of 0.3 p.p. compared to 2Q25. This improvement was primarily driven by a higher share of full-price sales and fine-tuning of the replenishment model allowing more accurate product allocation across stores. Despite gross margin gains, the Company remained attentive to a more price-sensitive consumer environment, preserving its competitiveness through price adjustments below inflation. Specialized Businesses Camicado reported a gross margin of 57.9%, up 2.0 p.p., driven by consistent commercial execution, highlighted by a 4 p.p. increase in the share of the Home & Style private-label brand and efficient inventory management. Youcom, in turn, reported a gross margin of 63.7%, stable compared to the preceding year. 3.602,2 3.751,3 56,2% 57,1% 1H25 1H26 1.781,7 1.609,4 1.731,5 2.084,3 2.121,3 56,1% 53,9% 56,2% 57,1% 57,5% 2Q22 2Q23 2Q24 2Q25 2Q26 Retail gross profit and margin 4-years CAGR: 4.5% Gross Profit (R$ MM) Gross Margin (%)
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Classificação: Interno Retail Operating Expenses R$ million 2Q26 2Q25 ∆ Operating expenses (post IFRS 16) (1,341.2) -36.4% (1,320.8) -36.2% 1.5% 0.2p.p. Sales (892.4) -24.2% (861.2) -23.6% 3.6% 0.6p.p. General and Administrative (398.7) -10.8% (393.8) -10.8% 1.2% 0.0p.p. Profit Sharing Program and LTI (50.1) -1.4% (65.8) -1.8% -23.9% -0.4p.p. Operating expenses (ex IFRS 16) (1,515.2) -41.1% (1,487.4) -40.8% 1.9% 0.3p.p. Sales (1,040.5) -28.2% (1,002.2) -27.5% 3.8% 0.7p.p. General and Administrative (424.6) -11.5% (419.4) -11.5% 1.2% 0.0p.p. Profit Sharing Program and LTI (50.1) -1.4% (65.8) -1.8% -23.9% -0.4p.p. R$ million 1H26 1H25 ∆ Operating expenses (post IFRS 16) (2,555.5) -38.9% (2,464.5) -38.5% 3.7% 0.4p.p. Sales (1,702.9) -25.9% (1,618.5) -25.3% 5.2% 0.6p.p. General and Administrative (765.1) -11.7% (747.2) -11.7% 2.4% 0.0p.p. Profit Sharing Program and LTI (87.5) -1.3% (98.8) -1.5% -11.4% -0.2p.p. Operating expenses (ex IFRS 16) (2,903.1) -44.2% (2,797.3) -43.7% 3.8% 0.5p.p. Sales (1,998.4) -30.4% (1,900.2) -29.7% 5.2% 0.7p.p. General and Administrative (817.2) -12.4% (798.3) -12.5% 2.4% -0.1p.p. Profit Sharing Program and LTI (87.5) -1.3% (98.8) -1.5% -11.4% -0.2p.p. Note 1: Retail Operating Expenses comprise Selling and General & Administrative (G&A) expenses, plus the Profit Sharing Program and Long-Term Incentives, less Depreciation and Amortization. Note 2: As disclosed in 4Q25, as from 1Q26, the Company began to present, on a supplementary basis, retail operating expenses under the accounting framework prior to the adoption of IFRS 16. Under this view, lease payments are included in operating expenses, within Selling and G&A expense lines. Note 3: As disclosed in 4Q25, beginning in 1Q26, the Company will present, together with expenses related to the Profit Sharing Program (PPR), expenses related to the restricted and performance share grant plan. Note 4: Lease payments amounted to R$ (174.0) MM in 2Q26, R$ (166.6) in 2Q25, R$ (347.6) MM in 1H26 and R$ (332.8) in 1H25. Operating expenses totaled R$ 1,341.2 million, increasing 1. 5% year-over-year. On an ex -IFRS 16 basis, which includes lease payments, operating expenses reached R$ 1,515.2 million, up 1.9%. Operating expenses grew slightly above revenue, primarily reflecting lower sales volumes, particularly in June. Despite this backdrop, and even with inflationary pressures and 2.2% growth in selling area, the Company maintained disciplined expense management throughout the quarter, supported by efficiency initiatives, process optimization, and productivity gains. Selling expenses increased 3.6%, mainly driven by the expansion in selling area resulting from the ongoing store expansion plan. Meanwhile, G&A expenses grew in line with revenue, reflecting the implementation of efficiency initiatives as previously discussed. Finally, expenses related to the Profit-Sharing Program (PPR) and Long-Term Incentive Plans (LTI) totaled R$ 50.1 million (compared to R$ 65.8 million in 2Q25), representing a 24% reduction year-over-year. Additional information can be found in Explanatory Note 34.4. In 1H26, operating expenses totaled R$ 2,555.5 million, representing 3. 7% growth compared to 1H25. On an ex -IFRS 16 basis, operating expenses amounted to R$ 2,903.1 million, up 3.8% year-over-year. G&A expenses, which are predominantly fixed in nature, increased by 2.4%, reflecting the implementation of efficiency initiatives. ‘The Company reaffirms the guidance announced on the occasion of the 2025 Investor Day to reduce the ratio of operating expenses (ex -IFRS 16) to retail net revenue by 2.5 p.p. to 3.5 p.p. by 2030, using 2025 operating expenses as the baseline. 2.464,5 2.555,4 38,5% 38,9% 1H25 1H26 1.097,7 1.092,5 1.140,8 1.320,8 1.341,2 34,6% 36,6% 37,0% 36,2% 36,4% 2Q22 2Q23 2Q24 2Q25 2Q26 Operating Expenses 4-years CAGR 5.1% Operating Expenses (R$ MM) % of retailing net revenue
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Classificação: Interno Retail EBITDA R$ million 2Q26 2Q25 ∆ 1H26 1H25 ∆ Gross profit 2,121.3 2,084.3 1.8% 3,751.3 3,602.2 4.1% Operating expenses (1,341.2) (1,320.8) 1.5% (2,555.5) (2,464.5) 3.7% Other revenues/expenses 11.1 9.9 12.1% 82.9 30.4 172.7% Retail EBITDA 791.2 773.4 2.3% 1,278.7 1,168.1 9.5% Retail EBITDA Margin 21.4% 21.2% 0.2p.p. 19.5% 18.2% 1.3p.p. Retail EBITDA (ex IFRS 16) 617.2 606.8 1.7% 931.3 835.5 11.5% Retail EBITDA Margin (ex IFRS 16) 16.7% 16.6% 0.1p.p. 14.2% 13.0% 1.2p.p. Note 1: Retail EBITDA Margin is calculated based on Retail Net Revenue. Note 2: As disclosed in the 4Q25 materials, beginning in 1Q26, the Company additionally presents Retail EBITDA and Adjusted Total EBITDA under the methodology applied prior to the adoption of IFRS 16 – Leases. Under this approach, lease payments are included in operating expenses and, consequently, impact EBITDA. Retail EBITDA reached R$ 791.2 million, an increase of 2.3% compared to 2Q25, with an EBITDA margin of 21.4%, up 0.2 p.p. year-over-year. On an ex-IFRS 16 basis, Retail EBITDA totaled R$ 617.2 million, with a 16.7% margin, representing an expansion of 0.1 p.p. versus 2Q25. This performance was driven by the 0.4 p.p. improvement in retail gross margin and the controlled growth of operating expenses. On a comparable basis, excluding the impact of other operating income and expenses, Retail EBITDA would have reached R$ 780.1 million, compared to R$ 763.5 million in 2Q25, representing 2.2% growth, with a 0.2 p.p. margin expansion. In 1H26, Adjusted Retail EBITDA totaled R$ 1,278.7 million, increasing 9.5% compared to 1H25, with an EBITDA margin of 19.5%, up 1.3 p.p. year-over-year. On an ex-IFRS 16 basis, Adjusted Retail EBITDA reached R$ 931.3 million, with a 14.2% margin, representing an expansion of 1.2 p.p. compared to 1H25. On a comparable basis, excluding the impact of other operating income and expenses, Retail EBITDA would have totaled R$ 1,195.8 million, compared to R$ 1,137.7 million in 1H25, an increase of 5.1%, with a 0.4 p.p. growth in margin. Within the context of the guidance announced at the 2025 Investor Day meeting, the Company reaffirms its ambition to achieve an annual Retail EBITDA margin (ex-IFRS 16) between 18% and 20% by 2030. 689,7 535,3 635,7 773,4 791,2 21,7% 17,9% 20,6% 21,2% 21,4% 2Q22 2Q23 2Q24 2Q25 2Q26 Retail EBITDA 4-years CAGR 3.5% Retail Adjusted EBITDA (R$ MM) EBITDA Margin (%) 1.168,1 1.278,7 18,2% 19,5% 1H25 1H26
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Classificação: Interno Financial Services Payment Methods and Active Customer Base Private-label card penetration reached 28.0% of sales, a decline of 0.6 p.p. compared to the same quarter of the preceding year, a direct reflection of the Company’s selective credit policy. This strategy reduced new account originations and, consequently, limited the growt h of the active customer base, which closed the quarter at 4.7 million customers, stable compared to the same period last year. The average ticket for sales using private-label cards decreased 1.0% to R$ 315.4 although remaining approximately 40% higher than the Company’s overall average ticket. This result underscores Realize’s role in enhancing customer loyalty and supporting retail sales performance. 28,6% 45,6% 25,8%28,0% 45,1% 26,9% Proprietary Cards Third Party Cards Cash Payment Method 2Q25 2Q26 215,6 221,4 213,4 226,9 228,8 294,4 293,9 299,7 318,8 315,4 2Q22 2Q23 2Q24 2Q25 2Q26 Average Ticket 197,4 203,0 201,3 211,4 216,4 273,2 278,1 288,1 294,8 300,1 1H22 1H23 1H24 1H25 1H26 Average Ticket 28,2% 44,9% 26,9%27,5% 45,1% 27,4% Proprietary CardsThird Party Cards Cash Payment Method 1H25 1H26
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Classificação: Interno Credit Portfolio 06/30/2026 06/30/2026 Adjusted 06/30/2025 (R$ million) Up to 540 days Up to 540 days Up to 540 days ∆ Total portfolio 6,650.4 100.0% 6,443.7 100.0% 6,511.5 100.0% -1.0% - On due 4,572.4 68.8% 4,572.4 71.0% 4,662.5 71.6% -1.9% -0.6p.p. Past due 2,078.0 31.2% 1,871.3 29.0% 1,849.0 28.4% 1.2% 0.6p.p. Total portfolio 6,650.4 100.0% 6,443.7 100.0% 6,511.5 100.0% -1.0% - Stage 1 3,325.5 50.0% 3,325.5 51.6% 3,599.7 55.3% -7.6% -3.7p.p. Stage 2 1,562.4 23.5% 1,562.4 24.2% 1,361.0 20.9% 14.8% 3.3p.p. Stage 3 1,762.5 26.5% 1,555.8 24.1% 1,550.8 23.8% 0.3% 0.3p.p. Stage 1 – Performing exposures and up to 30 days past due: expected credit loss measured over the next 6 months. Stage 2 – Past due between 31 and 89 days, or performing renegotiated exposures, or use of overlimit for the Meu Cartão product: expected credit loss measured over 12 months. Stage 3 – Past due from 90 days onwards, or non-performing renegotiated exposures: loss measurement considers only the effective loss, given default. As of January 1, 2025, the Company extended the right-off period for delinquent assets from 360 days to 540 days and began recognizing late- payment interest income for up to 90 days, compared to 60 days under the previous model. As of June 30, 2026, the right-off criterion reached its comparison base and, as a result, the Company now presents active portfolios up to 540 days. With respect to the booking of additional interest income, the portfolio has not yet reached its comparison base, therefore, comparable portfolio data is presented separately for reference. The total portfolio decreased marginally by 1.0%, reflecting the Company’s strategy of selection for granting credit. During the period, a higher volume of collections from the current portfolio was observed, contributing to the reduction in outstanding balances compared to 2025. The increase of 0.6 p.p . in the overdue portfolio ratio and 0.3 p.p . in total Stage 3 exposure (due and overdue) was partly driven by lower origination of performing loans, reflecting the Company’s approach for granting credit on a selective basis, as well as set against a credit environment characterized by higher household indebtedness. In this context, as of June 30, 2026, there were 83.7 million delinquent consumers in Brazil compared to 77.8 million as of June 30, 2025, representing approximately half of the country’s economically active population, according to Serasa’s Consumer Delinquency Report. Finally, the coverage ratio for the total portfolio reached 21.6%, remaining stable compared to the prior year. Coverage of the total Stage 3 portfolio (current and delinquent exposures) ended the quarter at 89.3%, a level considered adequate for the portfolio’s current risk profile. 06/30/2026 06/30/2026 Adjusted 06/30/2025 (R$ million) Up to 540 days up to 360 days up to 360 days ∆ Estimated credit losses (1,550.9) (1,389.7) (1,381.9) 0.6% Total coverage 23.3% 21.6% 21.2% 0.4p.p. Past due coverage 74.6% 74.3% 74.7% -0.4p.p. State 3 coverage 88.0% 89.3% 89.1% 0.2p.p. 6.511,5 6.443,7 28,4% 29,0% 23,8% 24,1% 06/30/2025 06/30/2026 Portfolio Total portfolio Past due Total Stage 3
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Classificação: Interno Financial Results (R$ milhões) 2Q26 Adjusted 2Q25 ∆ Reported 2Q25 Net revenues, net of funding costs 509.2 519.5 -2.0% 519.5 Credit losses, net of recoveries (298.6) (305.7) -2.3% (255.7) Operating expenses (157.1) (145.3) 8.1% (145.3) Financial services result 53.5 68.5 -21.0% 118.5 % of Total EBITDA (post IFRS 16) 6.3% 7.7% -1.4p.p. 13.3% % of Total EBITDA (ex IFRS 16) 8.0% 9.4% -1.4p.p. 16.3% (R$ milhões) 1H26 Adjusted 1H25 ∆ Reported 1H25 Net revenues, net of funding costs 1,006.7 1,023.1 -1.6% 1,023.1 Credit losses, net of recoveries (531.4) (547.9) -3.0% (432.9) Operating expenses (298.9) (281.3) 6.3% (281.3) Financial services result 176.4 193.9 -9.0% 308.9 % of Total EBITDA (post IFRS 16) 20.9% 21.7% -0.8p.p. 34.6% % of Total EBITDA (ex IFRS 16) 23.0% 23.6% -0.6p.p. 37.6% The extension of the right-off period for delinquent assets from 360 days to 540 days, as previously mentioned, benefited 2Q25 and 1H25 results by R$ 50 million and R$ 115 million, respectively in the composition of Credit Losses. For comparability purposes with 2026, this effect has been reversed and presented in the adjusted 2Q25 and adjusted 1H25 columns. Quarterly revenues declined 2.0% compared to the same period of the previous year and represented 7.7% of the average portfolio, a decline of 0.5 p.p..This was primarily driven by lower late- payment interest income. The movement is associated with the reduced share of shorter -term delinquency (1 to 90 days), reflecting the continued application of a selective credit policy. It is worth noting that, as of January 1, 2025, the Company began booking late-payment interest income on the portion of the delinquent portfolio between 61 and 90 days past due. As a result, comparability between periods has been fully established since 1Q26. Credit losses were 2.3% lower than in the previous year. However, as a proportion of the average portfolio, credit losses increased by 0.4 p.p., reaching 4.5%, and reflecting the level of provisioning required for the current risk profile of the delinquent portfolio. The Company wishes to emphasize that provisions remain at adequate levels to cover potential future losses and reiterates its commitment to a selec tive credit policy, considering the current credit environment in Brazil. Lastly, operating expenses increased 8.1% in the quarter. Part of this increase is attributable to the timing of expenses related to ongoing projects and does not represent a new expense run rate. In this context, Financial Services earnings totaled R$ 53.5 million in the quarter, 21.9% lower than adjusted 2Q25 on a comparable basis. For the six-month period, while 9.0% below the same period of the previous year, earnings remained strong at R$ 176.4 million, despite a more selective credit underwriting approach. The Company reiterates the guidance disclosed in December 2025, under which Realize’s annual operating income is expected to represent between 8% and 12% of total EBITDA excluding IFRS 16. The operation continues to contribute to strengthening the ecosystem through sustainable business growth, in line with the Company’s strategy and its role as a customer loyalty driver, positively impacting both the shopping experience and retail sales. 11,9 -53,7 34,8 68,5 53,5 50,00 118,5 1,7% -11,1% 5,2% 7,7% 6,3% 2Q22 2Q23 2Q24 2Q25 2Q26 Financial Services Results 4-year CAGR 45.9% Financial Services Result (R$ MM) Financial Services/Total EBITDA (%) 193,9 176,4 115,0 308,9 13,1% 12,1% 1H25 1H26
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Classificação: Interno Consolidated Indicators
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Classificação: Interno T otal Adjusted EBITDA (R$ million) 2Q26 2Q25 ∆ 1H26 1H25 ∆ Net Income for the Period 404.6 404.5 0.0% 661.9 625.5 5.8% Income Tax and Social Contribution 88.6 107.6 -17.7% 98.6 141.0 -30.1% Financial Result, Net 33.4 45.9 -27.2% 55.5 64.3 -13.7% Depreciation and amortization 317.0 324.0 -2.2% 633.2 628.9 0.7% Total EBITDA 843.6 882.0 -4.4% 1,449.2 1,459.7 -0.7% Stock Option Plan 3.2 8.6 -62.8% 7.8 12.3 -36.6% Result of Disposals or Asset Write-Offs (2.2) 1.3 NA (1.9) 5.0 n.a Total Adjusted EBITDA 844.6 891.9 -5.3% 1,455.1 1,477.0 -1.5% Total Adjusted EBITDA margin 22.9% 24.4% -1.5p.p. 22.2% 23.1% -0.9p.p. Total Adjusted EBITDA (ex IFRS 16) 670.6 725.3 -7.5% 1,107.5 1,144.2 -3.2% Total Adjusted EBITDA margin (ex IFRS 16) 18.2% 19.9% -1.7p.p. 16.9% 17.9% -1.0p.p. Note 1: Adjusted Total EBITDA Margin is calculated based on Retail Net Revenue. Note 2: As disclosed in the 4Q25 materials, beginning in 1Q26, the Company additionally presents Adjusted Total EBITDA under the methodology applied prior to the adoption of IFRS 16 – Leases. Under this approach, lease payments are included in operating expenses and, consequently, impact EBITDA. Adjusted Total EBITDA reached R$ 844.6 million, decreasing 5.3% year-over-year, with a 1.5 p.p . reduction in margin. This performance was primarily driven by the results of the Retail segment. On an ex-IFRS 16 basis, Adjusted Total EBITDA amounted to R$ 670.6 million, with a margin contraction of 1.7 p.p. compared to 2Q25. Excluding extraordinary effects in both the Retail and Financial Services segments, Adjusted Total EBITDA would have reached R$ 833.5 million, 0.2% higher than in 2Q25, with a 22.6% margin, representing a decrease of 0.2 p.p. In 1H26, Adjusted Total EBITDA totaled R$ 1,455.1 million, a 1.5% decline versus 1H25, with a 0.9 p.p. reduction in margin. On an ex-IFRS 16 basis, Adjusted Total EBITDA amounted to R$ 1,107.5 million, with a margin contraction of 1. 0 p.p. compared to 2Q25. Excluding extraordinary effects in the Retail and Financial Services segments, Adjusted Total EBITDA would have reached R$ 1,372.2 million, 3.0% higher than in 1H25, with an 20.9% margin, representing a 0.1 p.p. increase compared to the prior year. 701,6 481,6 670,5 891,9 844,6 22,1% 16,1% 21,8% 24,4% 22,9% 2Q22 2Q23 2Q24 2Q25 2Q26 Total Adjusted EBITDA 4-year CAGR 4.7% Total Adjusted EBITDA (R$ MM) EBITDA Margin (%) 1.477,0 1.455,1 23,1% 22,2% 1H25 1H26
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Classificação: Interno Investments and expansion Investments (R$ million) 2Q26 2Q25 1H26 1H25 New stores 50.4 14.3 71.6 18.0 Remodeling of installations and others 57.1 70.1 90.4 99.8 IT equipment and systems 54.3 77.5 102.7 101.9 Logistics and others 5.2 4.0 8.3 7.7 Total investments 167.0 165.9 273.1 227.5 Investments totaled R$ 167.0 million during the quarter. In 2Q26, the Company opened 14 new stores, 2 Renner, 3 Camicado, and 9 Youcom units. In 1H26, a total of 16 stores were opened, including 3 Renner, 3 Camicado, and 10 Youcom stores. Capital expenditures in the first half totaled R$ 273.1 million. The Company allocated capital to store remodeling and maintenance initiatives, aimed at enhancing customer experience, increasing operational efficiency, and consequently, supporting business performance. To date, the renovation program of seven key Renner stores has progressed as planned, with five stores already reopened and two additional reopenings scheduled for 3Q26 (Eldorado mall, São Paulo, and Tijuca Mall, Rio de Janeiro). At Youcom, the renovation of the Iguatemi mall Porto Alegre store was completed and delivered in 2Q26. At Camicado, the renovation of the store in the Morumbi mall in São Paulo was completed and delivered in 1Q26. For 2026, the proposed capital expenditure budget of R$ 1, 050 million includes the opening of 50 to 60 stores, comprising 22 to 30 Renner stores, 23 to 25 Youcom, and approximately 5 Camicado units. The store opening guidance for the Renner brand estimates reaching between 570 and 600 units by 2030, focused on new cities with up to 100 thousand inhabitants, in the essential model and with attractive profitability. For Youcom, the guidance is to reach between 260 and 290 units by 2030. The Company maintains its annual Capex-to-Net Revenue guidance unchanged, in the range of 6.0% to 7.5%. Stores in Operation by Business Unit Number of Stores 2Q25 3Q25 4Q25 1Q26 2Q26 Renner 431 432 443 444 446 Openings 2 1 11 1 2 Closures - - - - - Camicado 102 102 104 102 100 Openings - 1 2 - 3 Closures (1) (1) - (2) (5) Youcom 139 142 152 152 161 Openings 4 3 10 1 9 Closures - - - (1) - Ashua 19 18 18 17 16 Openings - - - - - Closures - (1) - (1) (1) Total 691 694 717 715 723 Openings 6 5 23 2 14 Closures (1) (2) - (4) (6) 208,1 235,9 137,1 165,9 167,0 6,6% 7,9% 4,5% 4,5% 4,5% 2Q22 2Q23 2Q24 2Q25 2Q26 Investments Investments (R$ MM) Investments/Net Revenue (%) 227,5 273,1 3,6% 4,2% 1H25 1H26
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Classificação: Interno Depreciation and amortization Depreciation and amortization related to property, plant and equipment and intangible assets totaled R$ 188.3 million during the quarter, stable compared to 2Q25. Meanwhile, right-of-use asset depreciation under IFRS-16 totaled R$ 128.7 million, representing an 8.8% decrease compared to the same period of the previous year. Repassa On June 30, 2026, Lojas Renner S.A. completed the sale of its 100% stake in Repassa, a digital resale platform for apparel, footwear, and accessories, to Vestuá Limited, a UK-based holding company with operations in Chile and Mexico, specializing in circular fashion and the resale of pre-owned items. As consideration for the transaction, the Company received a minority equity interest in the acquirer through the issuance of shares corresponding to approximately 5.56% of Vestuá Limited’s share capital. Upon completion of the transaction, Repassa ceased to be consolidated in the Company’s financial statements. Beginning in 3Q26, the investment will become part of RX Ventures, Renner’s venture capital portfolio. The transaction reflected the identification of strong synergies between the two companies and is aligned with Lojas Renner S.A.’s sustainability commitments. For further details, please refer to the Notes to the Financial Statements: 3.7 – Disposal of Equity Interest – Repassa and 12.2 – Investments. Cash Management Free Cash Flow (R$ million) 2Q26 2Q25 ∆ R$ 1H26 1H25 ∆ R$ Total Adjusted EBITDA (ex IFRS 16) 670.6 725.3 (54.7) 1,107.5 1,144.2 (36.7) (+/-) Income Tax, Social Contribution/Financial Revenue 7.9 (33.3) 41.2 (15.5) (75.6) 60.1 Operating Cash Flow 678.5 692.0 (13.5) 1,092.0 1,068.6 23.4 (+/-) Change in Working Capital (376.4) (175.3) (201.1) (402.8) (409.7) 6.9 Accounts Receivable (348.8) (516.4) 167.6 671.5 407.0 264.5 Card Administrator Obligations (44.5) 10.4 (54.9) (177.5) (136.1) (41.4) Inventory 110.9 267.6 (156.7) (224.2) (27.7) (196.5) Suppliers (40.8) (87.8) 47.0 (211.9) (479.6) 267.7 Taxes 48.0 51.0 (3.0) (267.7) (199.6) (68.1) Other Accounts Receivable/Payable (101.3) 99.9 (201.2) (193.0) 26.3 (219.3) (-) Capex (167.0) (183.5) 16.5 (296.1) (254.9) (41.2) (=) Free Cash Flow 135.1 333.1 (198.0) 393.2 404.0 (10.8) 444 478 517 551 573 185 145 122 117 106 22 32 32 23 44 651 655 671 691 723 2022-06-30 2023-06-30 2024-06-30 2025-06-30 2026-06-30 Store by age More than 5 years Between 1 and 5 years Up to 1 year Total
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Classificação: Interno Operating cash flow generation, although remaining positive, reflected lower EBITDA in the quarter and higher working capital requirements, driven by the slight increase in inventory levels as well as changes in other operating assets and liabilities compared to 2Q25. In 1H26, lower operating cash flow generation was primarily attributable to reduced EBITDA and the higher level of capital expenditures during the period. Net Cash (Debt) (R$ million) 06/30/2026 12/31/2025 03/31/2025 Financing of Customer Credit Operations 757.8 379.9 424.5 Current 709.4 21.1 413.4 Non-current 48.4 358.8 11.0 Gross Debt 757.8 379.9 424.5 Cash and Cash Equivalents and Financial Investments (1,917.0) (1,902.8) (1,630.8) Net (Cash) Debt (1,159.2) (1,522.9) (1,206.3) The Company’s net cash position decreased by R$ 363.8 million compared to December 2025, primarily due to the utilization of R$ 313.1 million for share repurchases and the payment of R$ 384.2 million in interest on capital (IoC), both events occurring in 1H26. These cash outflows were partially offset by the generation of R$ 393.2 million in free cash flow during the period. Financial Result (R$ MM) 2Q26 2Q25 ∆ 1H26 1H25 ∆ Financial Revenues 44.4 27.5 61.3% 90.4 75.3 19.9% Income from cash equivalents and financial investments 36.4 26.1 39.6% 66.9 68.8 -2.8% Selic interest on tax credits 8.0 1.4 454.3% 23.5 6.6 258.5% Financial Expenses (66.0) (62.0) 6.4% (129.5) (134.7) -3.9% Interest on loans, financing and debentures (0.0) (0.0) 0.0% (0.0) (9.7) -99.9% Interest on leasing (66.0) (62.0) 6.4% (129.5) (125.1) 3.5% Variations in foreign exchange and monetary restatement, net (14.3) (14.0) 1.8% (12.1) (13.2) -8.0% Other revenues and (expenses) 2.5 2.7 -6.7% (4.3) 8.2 NA Financial Result (33.4) (45.9) 27.1% (55.5) (64.3) -13.7% The Company reported a net financial loss of R$ 33.4 million, compared to a net financial loss of R$ 45.9 million in 2Q25. The improvement was primarily driven by higher income from cash and financial investments, reflecting a higher average balance of resources invested during the period. In 1H26, the net financial loss totaled R$ 55.5 million, compared to a loss of R$ 64.3 million in 1H25. Net Income and ROIC Net income totaled R$ 404.6 million, stable year- on-year, reflecting operating performance despite a lower effective income tax and social contribution rate of 18.0% (see Explanatory Note 11.4). Earnings per share (EPS) reached R$ 0.4165 in the quarter, an increase of 3.5% versus 2Q25. Excluding the extraordinary effects previously mentioned, net of taxes, net income would have totaled R$ 397.3 million, representing an 8.0% increase compared to the same quarter of the prior year. Comparable earnings per share reached R$ 0.4090, up 11.7% versus 2Q25. During the quarter, the Company distributed R$ 220.4 million in interest on capital (IoC) to shareholders (compared to R$ 203.1 million in 2Q25), equivalent to R$ 0.229299 per share (R$ 0.203027 per share in 2Q25), with payment made beginning on July 14, 2026. In 1H26, including both IoC distributions and share repurchases, the Company returned R$ 750.9 million to shareholders , resulting in a distribution of 1 13% of net
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Classificação: Interno income for the 2026 first half. The Company maintains its payout guidance, targeting the distribution of 50% to 80% of annual net income over the 2026-2030 period. LTM ROIC¹ increased by 1.9 p.p., on a comparable basis², reaching 15.1%, above the Company’s cost of capital. The continued expansion of ROIC has been supported by margin gains, higher asset turnover driven by inventory productivity, disciplined working capital management, and store expansion with attractive incremental returns in new markets. These drivers reinforce the Company’s confidence in its trajectory toward the guidance of approximately 20% ROIC target by 2030. ¹ Return on Invested Capital (ROIC), calculated as NOPAT divided by Invested Capital, where (a) NOPAT represents operating prof it after taxes and (b) Invested Capital corresponds to the average total capital allocated, including equity and third-party capital. ² ROIC adjusted excluding the effects of Resolution 4,966. 360,4 229,7 315,0 404,5 404,6 11,3% 7,7% 10,2% 11,1% 11,0% 2Q22 2Q23 2Q24 2Q25 2Q26 Net Income 4-years CAGR 2.9% Net Income (R$ MM) Net Margin (%) 625,5 661,9 9,8% 10,1% 1H25 1H26 10,6% 10,7% 12,1% 14,1% 15,1% 2Q22 2Q23 2Q24 2Q25 2Q26 ROIC LTM
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Classificação: Interno Appendices
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Classificação: Interno Appendix 1: Consolidated Income Statement (R$ MM) 2Q26 2Q25 1H26 1H25 Net Operating Revenue 4,201.5 4,167.6 7,567.2 7,425.1 Net Revenue from merchandise sales 3,683.5 3,642.7 6,553.5 6,391.0 Net Revenue from Services 518.0 524.9 1,013.7 1,034.1 Cost of Sales (1,570.9) (1,563.8) (2,809.1) (2,799.9) Cost of merchandise sales (1,563.0) (1,561.6) (2,805.4) (2,796.3) Cost of services (7.9) (2.2) (3.7) (3.6) Gross Profit 2,630.6 2,603.8 4,758.1 4,625.3 Operating Expenses (2,103.9) (2,045.9) (3,942.0) (3,794.4) Sales (892.4) (861.2) (1,702.9) (1,618.5) General and Administrative (398.7) (393.8) (765.1) (747.2) Depreciation and Amortization Credit Losses, Net (298.6) (255.7) (531.4) (432.9) Other Operating Results (197.4) (211.1) (309.6) (366.8) Operating Profit (loss) before Financial Result 526.6 558.0 816.1 830.9 Financial Result, Net (33.4) (45.9) (55.5) (64.3) Income Tax and Social Contribution (88.6) (107.6) (98.6) (141.0) Net Income for the Period 404.6 404.5 661.9 625.5
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Classificação: Interno Appendix 2: Consolidated Cash Flow Statements (R$ MM) 2Q26 2Q25 1H26 1H25 Cash flows from operating activities Adjusted net income 1,036.1 1,280.0 1,729.8 2,127.6 (Increase) Reduction in the Assets Accounts receivable from customers (429.9) (816.6) 586.6 (71.7) Inventories 106.6 269.4 (214.4) (15.1) Taxes recoverable 18.5 (52.1) (14.7) (65.8) Other assets 7.7 39.1 (55.7) (13.3) Increase (Reduction) in Labilities Suppliers (49.7) (68.5) (200.4) (454.7) Obligations - forfait (5.7) - (40.6) - Fiscal obligations (13.6) 141.9 (342.0) (145.9) Obligations with card administrators (44.5) 10.4 (177.5) (136.1) Other obligations (104.8) (65.7) (101.4) (66.7) Payment of income tax and social contribution (16.6) (34.9) (87.1) (131.3) Interest paid on loans, financing and debentures (0.5) (5.3) (1.7) (39.3) Net cash generated by operating activities, before investments. Financial 503.6 697.7 1,080.9 987.7 Financial investments 139.3 (242.1) 223.7 (112.1) Net cash generated by operating activities 642.9 455.6 1,304.6 875.6 Cash flows from investment activities Acquisitions of fixed and intangible assets (167.0) (183.5) (296.1) (254.9) Net cash consumed by investment activities (167.0) (183.5) (296.1) (254.9) Cash flows from financing activities Share buy-back (213.0) (147.7) (313.1) (648.0) Borrowing and amortization of loans and debentures 335.2 153.2 341.8 (357.8) Lease installment payable (197.9) (193.2) (404.8) (378.1) Interest on equity and dividends payable (187.6) (164.5) (384.2) (320.1) Cash flows from financing activities (263.3) (352.2) (760.3) (1,704.0) Effect of exchange rate variation on balance of cash and cash equivalents (9.9) (1.8) (10.4) (9.3) Variation in cash and cash equivalents 202.7 (81.9) 237.8 (1,092.6) Cash and cash equivalents at the start of the period 1,013.2 915.4 978.1 1,926.1 Cash and cash equivalents at the end of the period 1,215.9 833.5 1,215.9 833.5
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Classificação: Interno Appendix 3: Consolidated Balance Sheets (R$ MM) 06/30/2026 12/31/2025 TOTAL ASSETS 19,107.1 19,625.9 Current Assets 11,276.3 11,633.6 Cash and Cash Equivalents 1,215.9 978.1 Financial Investments 701.0 924.7 Accounts Receivable 6,503.7 7,175.2 Inventories 2,084.6 1,860.4 Recoverable Taxes 514.2 470.0 Income tax and social security contributions recoverable 135.7 122.7 Financial Derivatives 6.0 7.9 Other Assets 115.2 94.6 Non-Current Assets 7,830.8 7,992.3 Recoverable Taxes 342.9 368.7 Income tax and social security contributions recoverable 15.3 32.3 Deferred Income Tax and Social Contribution 681.9 741.9 Other Assets 186.1 177.5 Investments 61.0 55.1 Fixed Assets 2,858.2 2,929.2 Right of Use of Assets 2,108.4 2,076.6 Intangible 1,577.0 1,611.0 TOTAL LIABILITIES AND SHAREHOLDERS EQUITY 19,107.1 19,625.9 Current Liabilities 6,659.0 6,866.6 Financing – Financial Services Operations 709.4 21.1 Financial Leases payable 682.7 740.2 Suppliers 1,563.0 1,774.4 Obligations - Forfait 1.3 41.2 Obligations with Card Administrators 2,424.7 2,602.2 Fiscal Obligations 257.4 503.3 Income tax and social contribution payable 6.4 86.8 Social and Labor Obligations 473.3 543.9 Statutory Obligations 193.1 212.0 Provision for Risks 109.8 92.1 Financial Derivatives 23.5 13.8 Other Obligations 214.4 235.6 Non-Current Liabilities 2,080.4 2,303.1 Financing – Financial Services Operations 48.4 358.8 Financial Services Payable 1,847.5 1,765.3 Deferred Income Tax and Social Contribution 2.4 1.6 Suppliers 71.2 71.6 Provision for Risks 64.9 64.2 Other Obligations 46.0 41.6 Shareholders’ Equity 10,367.7 10,456.2 Capital Stock 9,544.8 9,544.8 Treasury Stock (646.7) (344.4) Capital Reserves 19.2 10.2 Profit Reserves 1,148.8 1,148.8 Other Comprehensive Income 77.6 96.8 Retained Earnings (Accumulated Deficit) 224.0 -
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Classificação: Interno About Lojas Renner S.A. Lojas Renner S.A. was founded in 1965 and completed its initial public offering in 1967. Since 2005, the company has maintained a fully dispersed shareholding structure, with 100% free float, establishing itself as the first Brazilian corporation of its kind. Renner shares are traded on B3 under the ticker LREN3 in the Novo Mercado segment, which represents the highest standard of Corporate Governance. Lojas Renner S.A. operates as a fashion and lifestyle ecosystem, engaging customers through digital channels and physical stores in Brazil, Argentina, and Uruguay. The company is recognized as the leading omnichannel retail fashion ecosystem in Brazil, encompassing the businesses Renner, Camicado, Youcom, Realize CFI, and Repassa. Renner’s purpose is to deliver the best omnichannel experience in fashion, offering diverse styles for the mid-to-high segment. The brand aims to Enchant customers with high- quality products and services at competitive prices, consistently innovating with a focus on sustainability. Renner designs and sells apparel, footwear, and intimate fashion under proprietary lifestyle brands. Camicado, acquired in 2011, has over 35 years of expertise in the Home & Decor segment. The brand provides a comprehensive assortment of products for décor, household items, small appliances, organization, bedding, tableware, and bath ware. Youcom, established in 2013, is a brand inspired by the urban youth lifestyle, offering an omnichannel customer experience. The brand continues to expand, fulfilling its purpose of connecting and engaging young lifestyle consumers with contemporary fashion. Ashua, a plus-size fashion brand launched in 2016, fosters female empowerment and celebrates diversity by offering modern collections with an emphasis on comfortable cuts and individual style, accessible through omnichannel experiences. Realize is a financial institution that supports customer loyalty and convenience within the ecosystem, providing a suite of financial services including the Renner Card and Meu Cartão. The company also operates Repassa, an online platform for the resale of apparel, footwear, and accessories. Legal Disclaimer Statements contained in this document regarding business outlook, operational and financial results, as well as expectations for the growth of Lojas Renner S.A., are merely forward-looking statements and, as such, are based solely on management’s current expectations regarding the future of the business. These expectations are substantially dependent on market conditions, the performance of the Brazilian economy, the sector, and international markets, and are therefore subject to change without prior notice. All variations presented herein are calculated based on figures expressed in thousands of Brazilian reais, as are any rounding adjustments. CFO and IRO Daniel Martins dos Santos Investor Relations ri@lojasrenner.com.br Fabiana Oliver Maurício Töller Caroline Luccarini Luciana Moura Corporate Governance gc@lojasrenner.com.br Eloisa Sassen Bruna Miranda Ana Cristina Borelli Investor Relations
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Classificação: Interno