Slides
Page 1
INSTITUTIONAL PRESENTATION Second Quarter 2025 Lifestyle, Mallplaza Vespucio.
Page 2
1. OUR COMPANY 2. WHY INVEST IN MALLPLAZA? 3. MARKET OVERVIEW 4. APPENDIX Mallplaza Arica, Chile,
Page 3
I N S T I T U T I O N A L P R E S E N T A T I O N 2,430,526 4,734,651 3,361,570 2.6% 0.7% 2.0% 0,0% 0,5% 1,0% 1,5% 2,0% 2,5% 3,0% - 500.000 1.000.000 1.500.000 2.000.000 2.500.000 3.000.000 3.500.000 4.000.000 4.500.000 5.000.000 Andean Region Mexico Brazil CDS 5Y (basis points)2 Growth potential in the Andean Region Source: World Bank, Bloomberg, IMF. 1) GDP PPP as of 2024. 2 Real GDP Growth (avg. 25E- 26E) 2) Bloomberg, July 2025 > Market size and growth: The Andean Region has a population comparable to that of Mexico, presenting great growth potential and favorable economic prospects. > Open and attractive economies: The open economies of the Andean Region make this market an attractive destination for the best international brands. Mallplaza stands out for its dominant position in this region, offering unique value to these retailers. > M&A and Brownfield growth opportunities: Especially in markets with lower GLA per capita penetration, such as Peru and Colombia, where there are ample opportunities for expansion and development. > Lower risk compared to other Latam regions : This translates into lower interest rates and reduced cost of capital, improving the viability of investments. Overall, the Andean market still has room to continue growing, especially Peru and Colombia, and the growth of the middle class should continue to support the growth thesis. 3 GLA per 1,000 inhabitants (m2) GDP PPP1 (mm US$) & Real GDP Growth (%) 107 131 212 Andean Region Mexico Brazil Population (millions of people) Real GDP Growth2 129 195 81 0 100 200 300 400 500 600 Region Andina Mexico Brasil USA 2.149 Andean Region Andean Region 54 81 223 108 149 Chile Peru Colombia Mexico Brazil Real rates 10Y (%)2 2.6% 3.4% 6.5% 5.0% 7.2% Chile Peru Colombia Mexico Brazil
Page 4
I N S T I T U T I O N A L P R E S E N T A T I O N 4 > With a unique portfolio of Top Tier assets and top of mind brands and stores 37 Shopping Centers 17 Chile 15 Peru 5 Colombia 23 Cities 10 Tier A Assets Leaders in it´s respective markets 2.34 Million m² of GLA 4.9 bn US$ Market Cap +5,200 Stores 352 Million visitors per year 47% GLA focused on experiences & convenience The largest operator of shopping centers in the region As of June 2025
Page 5
I N S T I T U T I O N A L P R E S E N T A T I O N (1) AFFO corresponds to the cash flow from the earnings of the owners of the parent company, weighted by their ownership interest in the operation. Excludes items that do not represent cash flow or are not recurring (other income and expenses by function) from the Income Statement. Does not include minority interest USD/CLP: $933.42 as of June 30, 2025 2.0 p.p. Key financial highlights As of June 2025, Last Twelve months 5 Annual var. v/s June 2024 LTM 28% 31% 30% EBITDA Margin 78.8% EBITDA 486 MM USD REVENUES 617 MM USD AFFO 378 MM USD Mallplaza Norte, Chile
Page 6
I N S T I T U T I O N A L P R E S E N T A T I O N Ownership breakdown and stock liquidity 6 CLP 2Q 2025 2Q 2024 Var (%) Average Price 2,128 1,420 49.8% Closing Price 2,079 1,370 51.7% ADTV 180 (MMUSD)1 6,306 477 12x Number of Shares Traded 3,927,599 2,641,426 48.7% (1) ADTV 180 refers to the Average Daily Trading Volume over the past 180 days. - 500 1.000 1.500 2.000 2.500 - 2.000.000 4.000.000 6.000.000 8.000.000 10.000.000 12.000.000 14.000.000 16.000.000 feb-2022 may-2022 ago-2022 nov-2022 feb-2023 may-2023 ago-2023 nov-2023 feb-2024 may-2024 ago-2024 nov-2024 feb-2025 may-2025 ADTV30 PriceRebalancing Events 53.1% 46.9% Controlling Shareholder (Falabella S.A) Free Float % Pension Funds 22.0% Significant Minority 12.3% Investment Funds 4.8% Brokerage Firms 3.5% Insurance Companies and others 3.3% Mutual Funds 1.0% Shareholder Structure (Jun-25) Since the last capital increase, Mallplaza has increased its liquidity by more than 12 times 13.7 MMUSD 40.7%46.9% Jun-24Jun-25 Free Float Evolution 6.2%
Page 7
I N S T I T U T I O N A L P R E S E N T A T I O N Mallplaza owns a leading shopping centers platform in South America Source: Company filings Notes: Sum of % might not add to 100% due to rounding. 1 as of 2Q25 7 2,341 1,372 1,079 1,800 1,780 860 1,291 719 Peer A Peer B Peer C Peer D Peer E Peer F Peer G GLA geographical breakdown Owned GLA (000’s m2) 1 Market position #1 player (31% mkt. share) #2 player (19% mkt. share) #2 player (4% mkt. share) #3 player (4% mkt. share)#2 player (6% mkt. share) #1 player (11% mkt. share)#1 player (27% mkt. share) 100% #1 player (8% mkt. share) 100% 100%100% 100% 62% 26% 12% 91% 4% 5% 44% 34% 21% #2 player (27% mkt. share) #6 player (4% mkt. share) #5 player (1% mkt. share) #3 player (12% mkt. share) #3 player (13% mkt. share) #3 player (4% mkt. share)
Page 8
WHY INVEST IN MALLPLAZA? • Premium, dominant asset portfolio throughout the Andean Region that is unique in LATAM • High-value – experience-focused tenant mix strategically curated to drive high-impact traffic • Growth potential at regional level • Seasoned team with solid track record of execution • Leading innovation strategy to improve tenant and customer experience • ESG operational approach for a sustainable growth • Attractive valuation 8 Mallplaza Trébol, Chile. Mallplaza Antofagasta, Chile
Page 9
9 PREMIUM, DOMINANT ASSET PORTFOLIO WHY INVEST IN MALLPLAZA? Mallplaza Piura, Peru
Page 10
I N S T I T U T I O N A L P R E S E N T A T I O N (1) Andean Region considers Chile, Peru and Colombia. High quality portfolio: Leading portfolio across Andean Region 1 11 4 6 Mallplaza Compañía A Compañía B 10 4 3 Mallplaza Compañía A Compañía B • Sales Leader: 11 Mallplaza assets generate over USD 200 million in annual sales, compared to just 4 and 6 malls for our main peers. • Revenue Leader: 10 Mallplaza assets report annual revenues exceeding USD 20 million, significantly outperforming the rest of the market. • Gateway to the Andean Market: We are the leading partner in the Andean region1 for top international brands such as H&M, IKEA, Zara, Inditex, Decathlon, and Nike. # of Malls with Revenue > USD 20 MM # of Malls with Sales > USD 200 MM Mallplaza Peer A Peer B Stores 19 Stores 13 Stores 4 Stores 3 Stores 1 Stores 0 Stores 5 Stores 5 Stores 4 Stores 39 Stores 24 Stores 8 Stores 7 Stores 2 Stores 3 Stores 11 Stores 11 Stores 5 # Stores of Leading Brands by Operator 2024 2024 Peer A Peer B Peer A Peer B 10
Page 11
I N S T I T U T I O N A L P R E S E N T A T I O N 11 Total: 2,341,392 m2 11 Andean regional coverage COLOMBIA Mallplaza Buenavista 57,487 m² Mallplaza Cartagena 27,643 m² Mallplaza NQS 81,341 m² Mallplaza Manizales 39,355 m² Mallplaza Cali 66,640 m2 PERÚ Mallplaza Trujillo 83,641 m² Mallplaza Bellavista 91,370 m² Mallplaza Comas 80,152 m² Mallplaza Arequipa 42,570 m² Mallplaza Angamos 55,278 m² Mallplaza Piura 41,958 m² Open Atocongo 38,438 m² Mallplaza Huancayo 42,597 m² Power centers (7 shopping centers)1 143,329 m² Mallplaza’s Urban Centers GLA As of June 2025 1) Considers La Marina, Trujillo, Canta Callao, Huanuco, Chiclayo, Pucalpa and Cajamarca Note: GLA of shopping centers rounded to thousands of m 2 37 High quality shopping centers +10 Tier A Leaders in booming markets. CHILE Mallplaza Arica 35,241 m² Mallplaza Iquique 26,890 m² Mallplaza Calama 77,718 m² Mallplaza Antofagasta 80,439 m² Mallplaza Copiapo 46,191 m² Mallplaza La Serena 64,351 m² Mallplaza Vespucio 188,344 m² Mallplaza Oeste 182,597 m² Mallplaza Tobalaba 78,909 m² Mallplaza Norte 138,822 m² Mallplaza Alameda 59,603 m² Mallplaza Sur 77,286 m² Mallplaza Egaña 94,680 m² Mallplaza Los Dominicos 95,699 m² Mallplaza Trébol 119,012 m² Mallplaza Biobío 45,925 m² Mallplaza Los Ángeles 38,923 m² A A A A A A A A A A
Page 12
I N S T I T U T I O N A L P R E S E N T A T I O N Mallplaza Vespucio • Top Tier Asset, AAA-rated asset. • Largest Mall in our Portfolio Mall with 188,344 sqm of GLA. Mallplaza Trébol • Largest Mall in the South of Chile with 119,012 sqm of GLA. Mallplaza Oeste • Mall with 182,597 sqm GLA • Host of the largest IKEA store in Chile. Mallplaza Antofagasta • Mall with the highest footfall of the Big North of Chile. Mallplaza Trujillo • Our mall with biggest footfall and sales in Peru, with a dominant position in the city of Trujillo. Mallplaza Norte • Leading Mall in the north of Santiago with 138,822 sqm of GLA. • Host the Operations Center of Mallplaza. Mallplaza NQS • Mall acquired by Mallplaza in 2020. • Footfall of more than 1.3 million people per month. Mallplaza La Serena • Mall with the highest monthly revenue per sqm of our portfolio. Mallplaza Egaña • Chosen as the best sustainable mall in the world in 2016. Mallplaza Buenavista • Mall with 57,487 sqm of GLA, located in the city of Barranquilla, Colombia. High quality portfolio: Our top 10 Assets 12
Page 13
I N S T I T U T I O N A L P R E S E N T A T I O N Asset risk diversification > Regional Diversification: More than 5,200 stores distributed across 37 urban centers, in 23 cities and 3 countries. > Lower Asset Dependence: No asset represents more than 10% in terms of GLA, and the top 5 assets only account for 38% and 41% of total sales and revenue respectively. > Winner Asset Type: Focused on regional Mall/Urban Center format (GLA mall average 73,300 m2). Portfolio dependency risk distribution Weight % of the revenue of the Top 3 assets over the total income of each company 2Q25 Mallplaza 29% Peer A 40% Peer B 47% Mallplaza Peer A Peer B Portfolio dependency risk distribution Weight % of the sales of the Top 3 assets over the total sales of each company 2Q25 Mallplaza 27% Peer A 40% Peer B 34% Mallplaza Peer A Peer B 13As of 2Q25
Page 14
I N S T I T U T I O N A L P R E S E N T A T I O N Note: graphs prepared with information from industry operators published in their Results Reports at the end of 2Q2025. (1) Sales graph includes total sales by shopping center. MALLPLAZA 6 COMPANY B 3 COMPANY A 1 MALLPLAZA 6 COMPANY B 2 COMPANY A 2 MALLPLAZA 6 COMPANY B 3 COMPANY A 1 SHOPPING CENTERS WITH HIGHER REVENUE 2Q2025 SHOPPING CENTERS WITH HIGHER SALES(1) 2Q2025 TOP 10 CHILE SHOPPING CENTERS WITH HIGHER REVENUE PER M2 2Q2025 > Mallplaza has a portfolio of large, dominant malls with high productivity and a leading portfolio of tenant mix > Unique top-tier assets, including nine Tier A urban centers and one Tier AAA asset. > +60% of our Company’s EBITDA comes from TIER A assets Tier A • Dominant Mall with high productivity • Big, high density markets • Tenant & Consumer top of mind. High purchase power potential Dominant Top Tier Assets Tier B • Leadership position in medium markets • Portfolio of leading brands • Lower Productivity • High tenant demand Tier C • Competitive cities/markets • Lower Productivity • Cash - generation strategy TOP 10 CHILE TOP 10 CHILE 14
Page 15
15 EXPERIENCE FOCUSED TENANT MIX WHY INVEST IN MALLPLAZA? Mallplaza Huancayo, Peru
Page 16
I N S T I T U T I O N A L P R E S E N T A T I O N Diversified GLA of high value brands focused on experience and entertainment 16 GLA focused on non-traditional retail formats, customer experience and entertainment F&B and entertainment 14% Essential business with daily traffic 33% Others (medical facilities, educational centers, offices) 8% Specialty retail 21% Department stores 20% Automotive & other 4% ⚫ +50% of our GLA is focused on non-traditional retail formats, customer experience and entertainment Revenue distribution by ranking Business partners of Plaza S.A. Revenue contribution of related parties Related parties 15%⚫ Related companies (e.g. Falabella) represent only 15% of revenue Our platform provides a gateway to LatAm for high value global brands ⚫ 19 stores ⚫ 39 stores ⚫ 3 stores ⚫ 11 stores ⚫ 6 stores ⚫ 35 stores The average remaining lease term for Plaza’s tenants is 7 years ⚫ 14 stores ⚫ 7 stores Top 5 clients represent only 18% of revenue Source: Company filings Note: As of 2Q25 18% 26% 36% 5 10 20
Page 17
I N S T I T U T I O N A L P R E S E N T A T I O N Reconversion of Big Box stores High Value Brands (IKEA, H&M, Decathlon) New Specialty Retail proposals Essential Business with Daily Traffic Mixed Use Home Improvement and Automotive ~139,000 m2 Reconverted in Successful reconversion of our spaces 17 Since 2019 12% of Big Box Stores GLA New Gastronomic Space, Mallplaza Tobalaba. Mallplaza Tobalaba Santiago • Urban Center with 80,000 m2 of GLA • Inaugurated in 1998, it has a dominant position in its market (Puente Alto) In line with the company's Department Store square meter recycling plan, in 2023 we reconverted a Paris store with 7,400 m2 of GLA, space that was reconverted during 2024 with great success in terms of visitor flow and revenue per square meter Additions: • Incorporation of a 2,500 m2 H&M store on the second floor, an opening that is part of our alliance with this brand that aims to reach 19 stores at the regional level. • Opening of a Duandy store with 3,500 m2 on the second floor, a format with a diversified offer of household items. • Inauguration of a new Gastronomic Space on the second floor with 1,800 m2, with 7 new proposals that strengthen the offer of this urban center, including the opening of Dulce Luna, El Japonés, Cantina Tobalaba, Tanta, Muu Steak, Pizzería Argentina and Mamma Mía. Main performance metrics: • Mall sales have increased by 1.5x from 2020 to the last twelve months ending in 2025. • Visitor flow has grown by 1.7x over the same period, reflecting strong customer engagement and traffic recovery. • Increased occupation from 84% to 97% Successful reconversion of spaces 26.7% 26.0% 24.7% 23.2% 20.3% 20.0% 20,0% 2020 2022 2021 2022 2023 2024 LTM 2Q25 Exposure Department Stores as % of Total GLA Total GLA Derpartment Store: - 6,3% CAGR1 (1) The CAGR is calculated based on the evolution of the department store's contribution as a percentage of total GLA from 2020 to LTM 25
Page 18
I N S T I T U T I O N A L P R E S E N T A T I O N 5,728 4,661 2Q25 2Q24 38,433 34,578 2Q25 2Q24 2,874 2,563 2Q25 2Q24 61,624 59,606 2Q25 2Q24 Department Store reconversion Mallplaza Alameda Santiago • Urban center of 59,533 m² • Inaugurated in 2008, it is located next to Santiago’s Central Station, the main train and bus terminal in the country. As part of the ongoing transformation strategy aimed at improving the retail and services offering, the spaces previously occupied by the department stores La Polar, Johnson, and Falabella have been repurposed. In the reconverted space of La Polar on the first floor, an H&M store of 2,500 m² was opened at the end of 2023. This opening is part of a strategic partnership with the brand, which includes plans to reach 19 stores regionally. On the second floor, Holly Concept and Family Shop launched new stores, while Adidas opened its new location on the third floor during the second quarter of 2025. In the reconverted Johnson space, a Smart Fit gym and Civil Registry offices serving the Santiago and Estación Central municipalities were opened, strengthening the service offering and creating a hub for recurring visitor traffic to the urban center. In the former Falabella space, the first floor saw the opening of an innovative outlet retail space, complementing the existing retail mix. On the second floor, Marketches an Asian-format convenience concept opened a 2,300 m² store, responding to growing demand for this type of offering in the Chilean market. Finally, on the third floor, the sportswear offering was enhanced with the opening of a Puma store. Mallplaza Alameda. Outlet Zone, Mallplaza Alameda. Key Metrics Post-Conversion: GLA (m2) Revenue (MMCLP)Sales (MMCLP)Visitor Flow (M) 3.4% 11.1% 22.9%12.1% 18
Page 19
I N S T I T U T I O N A L P R E S E N T A T I O N Innovation on new categories and concepts El Mercado del 14 proposal in F&B Gamers specialized sector Exhibit Center > During 2022, Mallplaza Vespucio completed the opening of a new space dedicated 100% to video game fans, Movistar GameClub, an area of more than 1,000 m2, which includes entertainment, music and gastronomy, and in which visitors can access the best equipment and video games to live a unique gaming experience. > Due to the success that this new proposal has had in terms of attracting a new footfall to our urban centers, during 2023 and 2024 we opened Arena XP in Mallplaza Oeste a second Movistar GameClub in Mallplaza Trébol and a third one in Mallplaza Norte. > During this year, we reconverted the third floor of the Ripley Store of Mallplaza Los Domínicos into Centro X, a 1,500 m2 area dedicated to events, experiences and exhibitions. > This is a unique proposal in Chile, as our visitors can enjoy an event center at an excellent location with all the complementary services that Mallplaza Los Domínicos can provide, such as gastronomy and parking. > Centro X is an example of how we can give a large retail store a new purpose and provide our visitors with a great experience. > Inspired in the open culinary markets in large cities around the world, where different restaurants and local producers offer quality cuisine with a strong local identity, we inaugurated new F&B proposals called Mercados, with great success in our urban centers in Peru and Colombia. > Given this great success, during the second quarter of 2023 we decided to roll out this proposal in Chile, with the opening of “El Mercado del 14” in Mallplaza Vespucio, with 13 different gastronomic propositions such as Kunstmann, La Argentina Pizzeria, Doney Doner, CuracaRibs and Koychi, among others. 19
Page 20
20 GROWTH POTENTIAL WHY INVEST IN MALLPLAZA? Mallplaza Oeste, Chile.
Page 21
I N S T I T U T I O N A L P R E S E N T A T I O N Tangible growth avenues 21 Enhancing Existing Assets Better value proposition reconversions Remodelings and tenant mix changes from convenience to experience Maturing of Cali and NQS increase renewal spread Deliver 225,000 m² over the next 4 years Scale omnichannel, data, media, and parking to drive results Enhance visitor experience to grow commercial business partners and parking revenue Monetize new services and partnerships to diversify revenues Strategic Expansion Non-Rental Businesses Inorganic Organic Brownfield • Low execution risk • Cost attractive projects New Formats: • Premium Outlet 31% Market Share 19% Market Share 4% Market Share
Page 22
I N S T I T U T I O N A L P R E S E N T A T I O N Announced Projects 22 62% 38% Chile Perú 22Shopping Center Type Country Estimated Opening Expansion m2 Total Investment (US$MM) Remaining Investment (US$MM) Mallplaza Mirador de Bío Bío1 Transformation 2H 2025 6,600 10,5 2,9 Mallplaza Iquique Expansion 2H 2025 3,700 7,4 0,6 Mallplaza Antofagasta Expansion 2H 2025 1,600 3,8 0,9 Open Plaza Atocongo1 Transformation 2H 2025 - 7,1 7,1 Mallplaza Los Domínicos2 Transformation 2H 2025 - 3,8 1,3 Mallplaza Norte Transformation 1H 2026 - 4,1 0,5 Mallplaza Piura2 Expansion 2H 2026 7,200 25,8 25,4 Mallplaza Huancayo Transformation 2H 2026 - 0,7 0,7 Mallplaza Angamos3 Expansion 1H 2027 17,900 65,5 65,5 Mallplaza Oeste Expansion 1H 2027 16,100 43,8 43,8 Mallplaza Trujillo2 Expansion 1H 2027 7,500 40,0 40,0 Mallplaza Trébol2 Expansion 1H 2027 26,100 102,1 99,5 Total 86,700 314,6 288,2 86,700 Openings by country m2 56% 44% Chile Perú 314.6 Openings by country (MM USD) (1) The investment in these assets involves conversion to Outlet format. (2) The total investment amount includes conversion. (3) Remodeling is included.
Page 23
I N S T I T U T I O N A L P R E S E N T A T I O N 62%11% 13% 10% 3% Essential Business with Daily Traffic Specialty Retail Department Stores F&B and Entertainment Mixed Use (Medical Facilities, Educational Centers, Offices) In 2024, Mallplaza took a key strategic step in its expansion in the Andean Region with the acquisition of Open Plaza's assets in Peru and 66.6% of Mallplaza Peru's assets. This transaction consolidated us as the second largest operator in this country in terms of GLA, with a solid platform of 15 shopping centers in nine cities, strengthening our presence and leadership in the sector. From day one, we carried out an efficient integration of these assets. The impact of this acquisition was reflected in our solid financial and operational results for the fourth quarter, allowing the company to consolidate incremental EBITDA of MMCLP 9,497 for the month of December. Our strategy in Peru seeks to improve the value proposition and market share of our assets in Peru. Currently, 62% of the GLA of the former Open Plaza Peru assets is allocated to convenience. We seek to transform these assets into an experience-oriented model, balancing the commercial mix and promoting categories such as fashion and entertainment. This represents a key opportunity to strengthen the value proposition of our assets for our visitors. In the coming months, we expect to incorporate important brands that already operate in our shopping centers in Chile and Colombia into our Peruvian assets, which will strengthen the value proposition of our assets, expanding the fashion offer with brands that are flow drivers. Looking ahead, we have an ambitious expansion plan in Peru consisting of brownfield projects that will add 100,000 m² over the next four years. This growth will be focused on strengthening strategic assets such as Mallplaza Trujillo, our current Tier A urban center in this country, Mallplaza Comas, Mallplaza Angamos, Mallplaza Piura and Mallplaza Huancayo. Falabella Peru acquisition Acquisition of 66.7% of Mallplaza Peru S.A. and 100% of Open Plaza Peru Consolidation: December 2024 Total Area: Open Plaza Peru 320,199 m2 Mallplaza Peru 299,517 m2 23 320,199 Breakdown GLA Open Plaza m2 Growth, Inorganic Mallplaza Angamos, Peru.
Page 24
I N S T I T U T I O N A L P R E S E N T A T I O N 24 Breakdown GLA Open Plaza m2 Transforming our new assets into Urban Centers Mallplaza Angamos, Peru. Breakdown GLA Mall Plaza Peru m2 Tangible Opportunity to change from Convenience to Experience Monthly Sale per sqm (Th PEN) Monthly Revenue per sqm (Th PEN) 10% 61% 4% 12% 13% F&B and Entertainment Convenience Others (Medical Facilities, Educational Centers, Offices) Specialty Retail Department Stores 20% 31% 12% 19% 13% 5% F&B and Entertainment Convenience Others (Medical Facilities, Educational Centers, Offices) Specialty Retail Department Stores 556 992 1,013 1,350 Mallplaza Huancayo Mallplaza Angamos Mallplaza Piura Mallplaza Trujillo 46 72 70 91 Mallplaza Huancayo Mallplaza Angamos Mallplaza Piura Mallplaza Trujillo 297,773321,600 Average: 854 +58% Average: 63 +44% As of June 2025
Page 25
I N S T I T U T I O N A L P R E S E N T A T I O N Brownfield Mallplaza Vespucio Remodeling and Expansion Lifestyle Project • The expansion of Mallplaza Vespucio, one of our Tier AAA urban centers, is progressing as a key component of the Master Plan to consolidate its position as Chile’s leading urban center and a benchmark in Santiago’s southeastern area. This new phase adds 21,600 m² of additional GLA, featuring an open-air retail design, high-standard façades, and an enhanced urban experience. • The Lifestyle area closed the first half of 2025 with strong progress, bringing together a robust commercial offering with top-tier brands. Notable openings this quarter include Adidas Originals (366 m²) and GAP (390 m²). • The project also emphasizes integrated services, with the addition of a new Santa Isabel supermarket, the second within the urban center, and a convenience zone designed to serve the high foot traffic generated by the two adjacent Metro stations. A new urban park of over 12,000 m² is also being developed, reinforcing the center’s connection with its surroundings and creating valuable public spaces for the community. • All of this has driven greater traction across the entire Urban Center, enhancing the experience, increasing dwell time, and boosting foot traffic. The project not only modernized the infrastructure, it also consolidated Mallplaza Vespucio as the leading urban reference in the area, with a 16.3% increase in sales, well above the 11.4% GLA growth, reflecting a clear leap in productivity and value proposition. Opening: 4Q 2024 Approximate Total Area: 188,344 m2 Expansion: 21,600 m2 Investment of USD 41 million, with an estimated annual NOI of USD 10 million 18,780 14,689 2Q25 2Q24 152,048 130,773 2Q25 2Q24 7,722 6,299 2Q25 2Q24 188,344 169,091 2Q25 2Q24 Main Indicators of Mallplaza Vespucio post-expansion GLA (m2) Revenue (MMCLP)Sales (MMCLP)Visitor Flow (M) 2525 11.4% 16.3% 27.9%22.6% Lifestyle zone, Mallplaza Vespucio. Lifestyle zone, Mallplaza Vespucio.
Page 26
I N S T I T U T I O N A L P R E S E N T A T I O N Municipality Shopping Center Status Area (m2) Huechuraba Mallplaza Norte Development 15,000 San Bernardo Mallplaza Sur Development 75,000 Concepción Mallplaza Mirador de Bío Bío Development 5,000 Concepción Mallplaza Trébol Development 29,000 Cerrillos Mallplaza Oeste Development 9,000 Trujillo Mallplaza Trujillo Development 15,000 Bellavista Mallplaza Bellavista Development 6,000 Arequipa Mallplaza Arequipa Development 3,000 Total 157,000 Currently, Mallplaza holds an undeveloped land bank totaling 627,844 m² across Chile and Peru. Of this amount, 470,844 m² is designated for sale, while the remaining 157,000 m² has been reserved for future development of our urban centers. These reserved lands offer significant growth potential, either through expansion of existing properties or by introducing new formats and categories1, with an estimated buildable capacity of 500,000 m². It is important to highlight that this figure does not include the already developed land where our current urban centers operate in Chile. These locations represent an additional construction potential of nearly 5,000,000 m², of which only 37% has been developed to date2. (1) Land bank consists primarily of plots adjacent to our existing urban centers and does not include the land currently occupied by our operating centers. (2) It is important to note that the feasibility of leveraging the remaining buildable area depends not only on the technical viability of executing such expansions but also on the commercial conditions that may enable and support their development. Growth Potential Landbank earmarked for future projects Mallplaza Norte. Huechuraba, Chile. 26 Landbank
Page 27
I N S T I T U T I O N A L P R E S E N T A T I O N 27 Project under DevelopmentProject under Development Growth, brownfield Mallplaza Trébol, Talcahuano, Chile. Mallplaza Trébol, Talcahuano, Chile. Mallplaza Trébol first opened in 1995 and today features a highly diversified retail mix, including three department stores, Sodimac, and internationally recognized brands. This is complemented by a strong specialty retail offering, making it one of our top-performing assets in terms of sales and revenue per square meter. The mall also offers a comprehensive entertainment program, including cinemas, Game Club, and a vibrant food scene, as well as an on-site automobile showroom. In addition, Mallplaza Trébol provides extensive service offerings, including two hypermarkets, a fitness center, and a medical center, reinforcing its role as the region’s leading hub for commerce, services, and community life. The new expansion of this urban center aligns with our strategy to elevate our strongest assets and maintain the most attractive portfolio in the Andean region. Building on the success of Mallplaza Vespucio’s transformation, this project will further strengthen Mallplaza Trébol’s positioning by adding 26,100 m² and a complete redesign of its exterior area. Key objectives for this expansion include: • Mallplaza Trébol stands as a Tier A asset and reinforces its leadership as Mallplaza’s second most important urban center, as well as the leading commercial destination in Chile outside Santiago. • Introducing the region’s first dedicated “Gastronomic Street” for Concepción–Talcahuano. • Enhancing our fashion proposition by attracting top-tier retail formats. • Strengthening family entertainment offerings to appeal to all age groups. • Optimizing the visitor experience through improved customer circulation and wayfinding. Estimated Opening: 1H 2027 Total Area: 119,012 m2 Expansion: 26,100 m2 Mallplaza Trébol Concepción Remaining Investment: MMUSD 99.5 Post Project Area: 145,112 m2 Consolidating leadership by enhancing the experience for the whole family
Page 28
I N S T I T U T I O N A L P R E S E N T A T I O N 28 Growth, brownfield Project under Development Mallplaza Oeste, Santiago, Chile. Mallplaza Oeste, Santiago, Chile. Mallplaza Oeste is positioned as one of the most relevant urban centers in the country, with a strategic location in Santiago’s western area. Opened in 1994 and with a total surface area of 182,707 m², this urban center has established a diversified commercial offering, integrating specialty retail, anchor stores, entertainment, and a robust gastronomic selection. With an occupancy rate close to 98% and 3.8 million visits during the last quarter, Mallplaza Oeste remains one of the company’s flagship assets within Mallplaza’s organic growth strategy in Chile. It is aligned with the development of Tier A assets and focused on delivering a differentiated experience to our visitors. This new expansion aims to strengthen Mallplaza Oeste’s positioning as the main urban center serving the Cerrillos and Maipú districts, increasing visit frequency through the development of a new, unique, and highly distinctive services zone. This area will naturally and organically connect the mall’s interior commercial offering with high value brands. The expansion adds 16,100 m², reaching a total of 198,697 m² of GLA, and is designed to enhance the customer experience through upgraded Look & Feel and a more comprehensive entertainment offer. Key focus areas of this expansion include: • Advancing our growth strategy centered on strengthening our Tier A assets. • Enhancing the visitor experience through a comprehensive design and ambiance upgrade. • Consolidating a holistic entertainment offering for all audiences. • Optimizing the customer arrival experience from the parking area through a clear, intuitive, and efficient path that connects directly to the main anchor stores. Mallplaza Oeste Santiago Estimated Opening: 1Q27 Total Area: 182,597 m2 Expansion: 16,100 m2 Remaining Investment: MMUSD 43.8 Post Project Area: 198,697 m2 The iconic meeting point of Santiago’s western sector
Page 29
I N S T I T U T I O N A L P R E S E N T A T I O N 29 Growth, brownfield Project under Development Mallplaza Angamos Mallplaza Angamos Located in the heart of Surquillo, one of Lima’s most densely populated and well-connected districts, Mallplaza Angamos is emerging as one of the most compelling opportunities in modern retail in Peru. With a current GLA of 55,278 m² and nearly 1 million monthly visits, the asset combines scale, strategic location, and a dynamic market undergoing rapid growth. This urban center is set to undergo an ambitious transformation. Its expansion plan will add approximately 17,900 m², bringing the total GLA to over 73,000 m², completely renewing its value proposition and visitor experience through a new architectural design. The objective is to position Mallplaza Angamos as a Tier A urban center in Lima and the flagship of the brand in the country. Key development pillars include: • An exceptional gastronomic experience, unique in the city, featuring a rooftop with restaurants that will redefine Lima’s culinary scene, becoming a new hub for social and cultural gathering. • A high-standard commercial offering driven by prestigious global brands that will elevate the mall’s perception and differentiate it as a trend-setting destination for fashion, beauty, and lifestyle. • A concentration of services and technology that efficiently addresses everyday needs with convenience and ease. Mallplaza Angamos already operates with an occupancy rate close to 98%, in an area with unmet demand from both national and international retailers. This transformation not only captures that market opportunity but also positions the asset as a true catalyst of urban life, connecting commerce, services, experiences, and the city. The next major urban center in Lima Estimated Opening: phased through 2Q28 Total Area: 55,278 m2 Expansion: 17,900 m2 Mallplaza Angamos Lima Post Project Area: 73,178 m2 Remaining Investment: MMUSD 65.5
Page 30
I N S T I T U T I O N A L P R E S E N T A T I O N 30 Growth, brownfield Project under Development Mallplaza Trujillo With 83,641 m² of GLA and over 1.8 million monthly visits, Mallplaza Trujillo is the most significant Tier A asset in our portfolio in Peru. Located in the country’s third most populous city, it is now entering a new phase with a 7,500 m² expansion that will bring its total GLA to 91,141 m², positioning it as the first lifestyle center in northern Peru. This lifestyle concept is much more than a commercial space; it is an integrated urban environment where retail, dining, services, culture, and open areas come together to create memorable experiences and encourage longer visits. It is a place where people not only shop, but live and connect. The transformation includes: • A new lifestyle district featuring leading brands in fashion, sports, and technology, aligned with the expectations of a modern and discerning consumer. • A fully renovated dining experience with terraces, open-air settings, and a flexible, social atmosphere. • A modern and welcoming urban setting, with improved circulation, rest areas, and gathering points that promote well-being. Additional upgrades include a family-oriented Sweetzone, expanded cinema space, and a redesigned customer journey to activate new areas and maximize asset performance. Mallplaza Trujillo leads the urban center offering in northern Peru, integrating city, experience, and value in a single destination. Mallplaza Trujillo Trujillo Estimated Opening: Phased through 2Q27 Total Area: 83,641 m2 Expansion: 7,500 m2 Post Project Area: 91,141 m2 Remaining Investment: MMUSD 40.0 A lifestyle zone to strengthen our leadership in northern Peru Mallplaza Trujillo
Page 31
I N S T I T U T I O N A L P R E S E N T A T I O N 31 Growth, brownfield Project under Development Mallplaza Piura Mallplaza Piura Mallplaza Piura, with 41,958 m² of GLA, is part of the portfolio acquired in 2024. With nearly one million visits per month, it is located in Piura, one of the main cities in northern Peru, home to over 600,000 inhabitants and a high Human Development Index. This asset aims to position itself as the leading commercial and service hub in the city, with strong potential to become a Tier A urban center within our portfolio. The project envisions a comprehensive transformation of its value proposition, strengthening its position as the city’s leading urban center. With an expansion of approximately 7,200 m², reaching a total of 49,158 m² of GLA, we seek to modernize its architectural design, enhance the visitor experience, and significantly update the commercial mix. The main focus areas of this transformation include: • Enhancing the retail offering, incorporating international new-to-market brands and leading names in fashion, technology, sports, and home goods. • Develop a new gastronomic zone featuring well-known and highly valued brands among the people of Piura, in a comfortable, modern environment designed to foster social interaction. • Improving the customer experience, through the renewal of common areas, optimized internal flow, and a strengthened customer journey. • Updating the interior and exterior design, with new gathering areas, family-friendly recreational spaces, and modern architecture that enriches the urban experience. Mallplaza Piura is already built on strong fundamentals: a strategic location, an occupancy rate close to 96%, and high unmet demand from operators looking to enter the market. With this transformation, we aim to unlock that potential, elevate the visitor experience, and establish Mallplaza Piura as the leading urban center in northern Peru. 31 Strategic transformation to lead and set standard in the region Mallplaza Piura Piura Estimated Opening: Phased 4Q5 - 1Q27 Total Area: 41,958 m2 Expansion: 7,200 m2 Post Project Area: 49,158 m2 Remaining Investment: MMUSD 25.4
Page 32
I N S T I T U T I O N A L P R E S E N T A T I O N 32 Growth, new formats Estimated Opening: 4Q25 Total Area: 45,925 m2 Expansion: 6,600 m2 Expansion and transformation of its value proposition into a premium outlet format, the first outlet in our portfolio. It will feature a strong retail offering with well-known brands that will enhance its competitive positioning and differentiation, leveraging its convenience offer, entertainment mix, and excellent location. The addition of 6,600 m² of leasable area brings the total GLA to 52,525 m². The project will include more than 50 smaller outlet stores with strong drawing power, a leading entertainment offer in the city with Cinemark, Chuck E. Cheese, Happyland, Trampoline Park, and an ice-skating rink, along with essential services, Tottus supermarket, and Homecenter. This high-value format will efficiently capture the dynamism of Greater Concepción and will significantly contribute to improving the mall’s key performance indicators: operational efficiency, foot traffic, and productivity. Mallplaza Bío Bío, Chile. Open Atocongo, Peru. Open Atocongo is transforming its value proposition into a premium outlet format. Originally conceived as a reference power center in Lima’s southern area, it benefits from a privileged location along the Panamericana, offering quick access from high-income districts such as Surco, La Molina, and San Borja, as well as the rest of the city. Its presence in this urban development corridor positions the asset as an ideal platform to capture the momentum of Lima’s consumer market and diversify Mallplaza’s retail offering in Peru. This transformation phase aims to reposition the urban center’s value proposition by strengthening its brand mix with names such as Adidas, Reebok, Skechers, Tommy, and Marathon, among others. The evolution from a convenience-based model to a premium outlet format will expand the commercial mix and optimize productivity per square meter, enhancing both the experience and appeal for visitors. Project Under Development Mallplaza Mirador de Bío Bío Bío Bío Post Project Area: 52,525 m2 Remaining Investment: MMUSD 2.9 Open Plaza Atocongo Lima Estimated Opening: 4Q25 Total Area: 38,438 m2 Post Project Area: 36,438 m2 Remaining Investment: MMUSD 7.1 The Outlet format marks a new milestone in Mallplaza's growth strategy
Page 33
I N S T I T U T I O N A L P R E S E N T A T I O N 880 430 5.0x 4.0x 192,461 93,388 211,383 106,389 202,323 718,185 590,231 < 1 year > 1 year < 2 years > 2 years < 3 years > 3 years < 4 years > 4 years < 5 years > 5 years < 10 years > 10 years Strong balance sheet as an enabler of future growth opportunities 33 Financial Debt Service Profile Debt Service (MM CLP) Rating Plaza S.A AA+ (CL) Feller Rate AA+ (CL) Humphreys Baa2 (stable) (Moodys) • Payment profile of financial debt is predominantly long-term, with 76% of its maturity in 3 or more years. • 28% of financial debt maturities exceed 10 years. • The financial debt is fixed rate and in the same currency in which the flows associated with its payment are generated, with an average duration of 7 years. • The Loan to Value Ratio (LTV) is 25%. • Net financial debt to EBITDA of 3.1x, with projected year-end within structural levels. If we consider EBITDA from the last 12 months, it is closer to 2.8x, in line with historically low levels shown by the company. • During the quarter, financial management in Peru progressed with the refinancing of PEN 806 million in loans, increasing the average debt duration from 0.7 to 1.7 years and lowering the average financing rate from 6.8% to 5.7%. EBITDA UDM 2Q25 453,991 MMCLP 4.4x 3.4x 3.4x 3.8x 3,1x 5.4x 5.5x 5.9x 6.8x 7.1x 2021 2022 2023 2024 2Q25 Net Debt / EBITDA EBITDA / Financial expensesNet Debt / EBITDA Proforma 2.8x Incremental leverage capacity to fund future growth opportunities Net Debt / EBITDA 1 y 2) Leverage ratio does not consider EBITDA generated from potential investments Potential Investment (MM USD) 1 2
Page 34
34 SOLID TRACK RECORD WHY INVEST IN MALLPLAZA? Mallplaza Egaña, Chile
Page 35
I N S T I T U T I O N A L P R E S E N T A T I O N Managers Title Years in the Company Oscar Munizaga Business and Development 33 Cristián Somarriva Peru Division 33 Derek Schwietzer Tang Finance, Administration & IT 3 Hernán Silva Legal and Compliance 26 Christopher Banfield B2B Omnichannel & Strategy 6 Pablo Pulido Chile and Colombia Division, Marketing & Customer Experience 10 Vicente Nuñez People 11 Ana Karina Navarrete Controller 4 FERNANDO DE PEÑA IVER CEO +35 years in the industry Only Latin American in the ICSC Board of Trustees CEO since 1990 Years in the company: 35 SERGIO CARDONE SOLARI CHAIRMAN Cofounder of Mallplaza 37 years in the Board Chairman since 2009 Years in the company: 37 EXECUTIVE TEAM Highly Experienced Executive Team Managers Title Years in the Company Paul Fürst Gwinner Director 16 Carlo Solari Donaggio Director 16 Ian Fürst Garmendia Director 1 Enrique Ostalé Cambiaso Director 1 Pablo Eyzaguirre Court Director 8 Alejandro Puentes Bruno Director 6 Dafne González Lizama Director 3 Manuel Ovalle Edwards Independent Director 1 BOARD OF DIRECTORS 35
Page 36
I N S T I T U T I O N A L P R E S E N T A T I O N Continue to deliver Growth and Value for the last 10 years 36 227 248 260 280 309 310 187 277 384 420 494 617 81% 82% 80% 79% 80% 77% 62% 75% 74% 77% 77% 79% 0 100 200 300 400 500 600 700 0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 LTM 2Q25 Net Revenues (CLP$ MMM)1: 9.1% CAGR or 2.7x EBITDA2: 9.9% CAGR or 2.7x Total GLA growth3: 4.3% CAGR or 1.7x Total GLA (‘000) 1,358 1,487 1,526 1,438 1,567 1,652 1,702 1,814 1,858 1,888 1,927 2,342 # Administred Assets 19 21 21 19 21 23 23 25 25 25 25 37 Greenfield 1 1 2 2 1 Acquisition 1 1 1 11 Divestment 2 Covid-19 1990 – 2Q2025 Mallplaza 37 Malls 3 countries EBITDA Mg. Net Revenues 80%4 (1,2,3) The CAGR is calculated from 2014 to LTM 25 (4) Represents the EBITDA margin for 2Q25
Page 37
I N S T I T U T I O N A L P R E S E N T A T I O N 255 124 224 303 345 408 486 2019 2020 2021 2022 2023 2024 LTM 2Q25 285 149 211 270 285 310 352 2019 2020 2021 2022 2023 2024 LTM 2Q25 Efficient operation with a quick post-pandemic recovery 37 77% 62% 75% 74% 77% 24% +66% +86% +91% Visitor flow (MM) Revenue (MM USD) Tenants Sales (MM USD) EBITDA (MM USD) EBITDA Mg (%) 77% 79% 3,846 2,537 4,132 4,968 5,078 5,755 6,374 2019 2020 2021 2022 2023 2024 LTM 2Q25 332 201 296 411 450 530 617 2019 2020 2021 2022 2023 2024 LTM 2Q25
Page 38
I N S T I T U T I O N A L P R E S E N T A T I O N Returning capital to shareholders 38 Dividends and % Payout 35,825 33,320 36,652 36,260 42,434 47,040 30,282 4,900 21,364 27,440 79,016 95,331 40.0% 40.0% 40.2% 40.1% 40.0% 40.1% 30.3% 40.0% 45.9% 41.3% 40.0% 40.0% 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Dividends (MM CLP) Payout (%)
Page 39
39 39 NON RENTAL BUSINESS LINES WHY INVEST IN MALLPLAZA? Click&Collect Mallplaza Vespucio, Chile.
Page 40
I N S T I T U T I O N A L P R E S E N T A T I O N Innovation strategy focused on generating digital flow, simplifying the experience and generating additional revenue streams to our urban centers Click & Collect in Mallplaza Egaña (Santiago, Chile) Free Flow Parking We add value to our clients and business partners through the continuous design, development and implementation of new omnichannel services. Integrated Innovation Strategy Driving Footfall and Tenant Sales 40 Ship-from-store: Supporting our tenants with Ship- From-Store in their e-commerce, enabling higher sales by enhancing their assortment and delivery speed Click & Collect: Offering our urban centers as pickup-points for online purchases OMNICHANEL DATA PARKING Thanks to this expansion, more than 840 thousand customers a month enjoy 100% freeflow parking at Mallplaza, without friction or delays. 30+ percent penetration in Chile Generate data and better understanding our customers habits. More than 10MM contactable clients. +450 stores using heatmap tools to measure conversion, heat maps and footfall. INDUSTRY INNOVATOR Become an omnichannel differentiator in the Shopping Center industry. 1st place Most Innovative Companies Chile 2024 and Omnichannel Index 2023 in Shopping center categories.
Page 41
I N S T I T U T I O N A L P R E S E N T A T I O N Non-Rental Business Growth: Parking 41 16,909 9,248 13,650 24,110 35,110 46,143 57,147 5.5% 4.9% 5.2% 6.7% 8.4% 9.5% 9.9% 0,0% 2,0% 4,0% 6,0% 8,0% 10,0% 12,0% - 10.000 20.000 30.000 40.000 50.000 60.000 70.000 2019 2020 2021 2022 2023 2024 UDM25 7.0% 8.7% 10.1% 10.9% 3.0% 3.4% 4.1% 5.0% 2.8% 4.3% 5.4% 7.1% -1,0% 1,0% 3,0% 5,0% 7,0% 9,0% 11,0% 13,0% 15,0% 2022 2023 2024 UDM25 We continue to strengthen our digital parking service through integration with leading applications in the digital ecosystem. Over 7 million visitors are using our free flow system. In Chile, adoption continues to grow, reaching over 27.5 % penetration among users. Digital Parking Annual CAGR19-25 : 24.8% MMCLP Parking Consolidated Revenue (MMCLP)1 Parking Contribution / Revenue2 Active commercial management, innovation, and improved traffic flow have driven sustained growth in parking, consistently contributing to revenue increases % of total income from Plaza LTM 2Q25 LTM 2Q25 (1) The chart excludes operations in Peru until December 2024. (2) The data presented includes Open from December 2024 onwards. 27.5% 16.8% 2Q25 2Q24
Page 42
42 ESG APPROACH WHY INVEST IN MALLPLAZA? community greenhouse, Escuela Especial de Desarrollo, La Reina, Chile
Page 43
I N S T I T U T I O N A L P R E S E N T A T I O N Our ESG strategy 43 Listed in Chile and MILA indices Top 2% of “Real Estate Management & Development” C Score 27% Carbon neutrality by 2030 and Net-zero 2035 under scope 1 and 2 Electricity supply of 100% renewable energy in 2026 Reduce the energy intensity of common expenses by 22% by 2035 with a 2019 baseline (kWh/GLA) Eliminate the use of Hydrochlorofluorocarbons (HCFCs) in climate systems by 2030 Valorize 60% of the waste generated by its urban centers by 2025 Positively impact 1,000,000 people in social programs and projects by 2028 Have 60% of its urban centers certified as inclusive spaces by 2028 Reduce the intensity of direct water consumption by 30% by 2025 with a 2019 baseline (m3/GLA) 88% 31% 13% 51% 67% 16% 31%
Page 44
Corporate Responsibility Awards and Recognitions Milestones 44 Inauguration of photovoltaic plant at Mallplaza Vespucio, La Florida. • With the installation of more than 1,760 bifacial panels on the parking structure at Mallplaza Vespucio, we are moving toward urban sustainability through the implementation of a new photovoltaic plant. This infrastructure will generate 1,234 MWh per day, allowing us to cover 50% of the energy consumption of the new Lifestyle area. This project, developed in collaboration with Solcor Chile, reinforces our commitment to innovation and environmental responsibility. • At Mallplaza Egaña, Mallplaza Vespucio, Mallplaza Trébol, and Mallplaza Antofagasta, we launched the “Hand in Hand” campaign in partnership with The Ropantic Show. This initiative enabled the exchange of more than 32,000 clothing items, promoting circular fashion and encouraging sustainable practices in our commercial spaces—raising awareness about the positive environmental impact of textile recirculation. • We inaugurated the “First Peoples” project module at Mallplaza Trébol, an initiative driven by CMPC. This space aims to highlight and support entrepreneurs from the Biobío and La Araucanía regions in Chile, giving them the opportunity to market their handcrafted products. Visitors can explore a diverse selection of creations in jewelry- making, woodwork, natural fibers, and ceramics each one rich in history and deeply connected to its territory of origin. • We received the Energy Excellence Seal from the Energy Sustainability Agency, earning the Silver category at Mallplaza Vespucio and the Bronze category across our 16 urban centers in Chile. This recognition reflects the effective management we’ve implemented and underscores our commitment to more efficient and responsible operations. • In the latest edition of Cadem’s “Citizen Brands” study, we climbed 44 positions to reach 19th place, making us one of the most improved brands. We have also maintained our first place in the “shopping centers” category since 2017. This achievement is primarily due to our performance in the “Contribution” (ESG and Culture) and “Positive Presence” dimensions. Inauguration of the “Primeros Pueblos” module at Mallplaza Trébol.
Page 45
45 ATTRACTIVE VALUATION WHY INVEST IN MALLPLAZA?
Page 46
I N S T I T U T I O N A L P R E S E N T A T I O N Attractive Valuation 46 8.0% FFO Yield1 Real Rates2 (x) Real Rates Mallplaza trades at a discount vs Brazilian and Mexican peers 560 pbs FFO Yield Spread 11.2% 2.4% 7.4% 3.3x 1.5x 370 pbs Information as of Jul 2025 1) FFO Yield 2025 Source: Bloomberg Consensus 2) Real Rate Chile: BCU10Y, Brazil: BZAA10Y Index US: 10Y US Real Rate. Source: Bloomberg Mexican companies: Fibra Uno and Fibra Dahnos, Brazilian companies: Allos, Multiplan and Iguatemi. 8.9% 4.9% 1.8x 400 pbs
Page 47
1. OUR COMPANY 2. WHY INVEST IN MALLPLAZA? 3. MARKET OVERVIEW 4. APPENDIX Mallplaza Antofagasta, Chile
Page 48
I N S T I T U T I O N A L P R E S E N T A T I O N 12-2017 06-2018 12-2018 06-2019 12-2019 06-2020 12-2020 06-2021 12-2021 06-2022 12-2022 06-2023 12-2023 06-2024 12-2024 06-2025 12-2025 Chile Colombia Peru Andean Region – Economic Outlook Source: IMF, Central Banks, Bloomberg 48 Business Confidence Inflation - Annual After a period of high inflation, inflation expectations for the end of 2024 show a normalization, converging to the target ranges of the central banks Interest Rate Chile was the first country in the region that cut it´s interest rate after a wave of hikes to contain post-pandemic inflation Estimate Dec-25 Chile 4.3% Colombia 5.0% Peru 1.8% Estimate Dec-25 Colombia 8.5% Chile 4.5% Peru 4.3% 06-2018 09-2018 12-2018 03-2019 06-2019 09-2019 12-2019 03-2020 06-2020 09-2020 12-2020 03-2021 06-2021 09-2021 12-2021 03-2022 06-2022 09-2022 12-2022 03-2023 06-2023 09-2023 12-2023 03-2024 06-2024 09-2024 12-2024 03-2025 06-2025 Chile Colombia Peru 12-2017 06-2018 12-2018 06-2019 12-2019 06-2020 12-2020 06-2021 12-2021 06-2022 12-2022 06-2023 12-2023 06-2024 12-2024 06-2025 12-2025 Chile Colombia Perú Expectative Jun-25 Chile 52,9 Colombia 44,0 Peru 24,0
Page 49
1. OUR COMPANY 2. WHY INVEST IN MALLPLAZA? 3. MARKET OVERVIEW 4. APPENDIX Mallpaza Los Dominicos. Chile
Page 50
I N S T I T U T I O N A L P R E S E N T A T I O N 50 Evolution of Financial Results YEARS EVOLUTION BY YEAR 2019 2020 2021 2022 2023 2024 2Q25 LTM CAGR Operational figures Aggregate GLA (Reduced) (m2) 50,108 111,638 43,806 30,458 38,618 413,628 1,024 Total Managed GLA (m2) 1,702,219 1,813,858 1,857,664 1,888,122 1,926,740 2,340,368 2,341,392 5.5% Tenant sales (billions of pesos) 3,590 2,368 3,857 4,637 4,740 5,372 5,997 8.0% Visitor flows (millions of people) 285 149 210 270 285 311 352 3.3% STATEMENT OF RESULTS (Millions of CLP) Net Revenue 309,598 187,329 276,695 383,864 419,904 494,605 576,184 10.0% Sales cost (81,086) (84,314) (92,089) (100,304) (57,427) (60,790) (53,747) -4.7% Administrative expenses (40,291) (40,720) (31,830) (57,385) (42,445) (55,291) (71,527) 11.5% EBITDA 238,308 116,114 208,621 282,699 322,185 380,637 453,991 9.8% Profit (loss) attributable to controller's owners 100,075 12,248 46,556 66,445 349,759 335,934 652,861 30.2% Adjusted FFO 165,844 79,265 164,931 218,931 257,220 303,195 342,865 11.2% EBITDA Margin (% over revenue) 77% 62% 75% 74% 77% 77% 79% FFO Margin (% over revenue) 54% 42% 60% 61% 60% 61% 60% Earnings per Share (CLP) 51.1 6.2 23.8 33.9 178.4 162.5 298.1 28.0% FFO per Share (CLP) 84.6 40.4 84.1 111.7 131.2 146.7 156.6 9.3%
Page 51
2Q25 2Q24 % - p.p. 2Q25 YTD 2Q24 YTD % - p.p. Net Revenue (MM CLP) 160,062 120,423 32.9% 316,108 234,529 34.8% Cost of sales (MM CLP) -11,603 -11,625 -0.2% -24,943 -24,358 2.4% Administrative Expenses (MM CLP) -21,268 -17,567 21.1% -41,134 -32,524 26.5% EBITDA (MM CLP) 128,020 91,661 39.7% 251,867 178,513 41.1% EBITDA Margin (%) 80.0% 76.1% 3.9 p.p. 79.7% 76.1% 3.6 p.p. Net Income (MM CLP)1 422,587 121,069 249.0% 494,069 175,941 180.8% Net margin 263.4% 100.5% 162.9 p.p. 155.7% 74.7% 81.0 p.p. Adjusted FFO (MM CLP) 99,692 70,978 40.5% 191,660 141,648 35.3% Adjusted FFO Margin 62.8% 57.4% 5.5 p.p. 61.2% 58.8% 2.4 p.p. Adjusted FFO / Share (CLP) 45.5 36.2 25.7% 87.5 72.3 21.1% Monthly EBITDA per m2(CLP) 18,226 17,942 1.6% 17,929 17,471 2.6% Monthly FFO per m2(CLP) 14,193 13,893 2.2% 13,643 13,863 -1.6% 51 1) Net income include the gain attributable to non-controlling interests. • Per-square-meter metrics are calculated using the average square meters for each period. • Includes consolidated revenue from Chile, Peru, and Colombia. Mallplaza NQS, Bogotá.Mallplaza NQS. Bogotá, Colombia. Main Operational Indicators
Page 52
52 Main Operational Indicators 2Q25 2Q24 % - p.p. 2Q25 YTD 2Q24 YTD % - p.p. Managed GLA (m2) 2,341,392 1,702,940 37.5% 2,341,392 1,702,940 37.5% Visitor Flow (millions) 92.8 73.1 26.9% 185.8 145.0 28.1% Occupancy 95.7% 95.5% 0.2 p.p. 95.7% 95.5% 0.2 p.p. Tenant Sales (MM CLP) 1,540,294 1,240,260 24.2% 3,065,151 2,419,505 26.7% Var. Same Store Sales 249,086 241,337 3.2% 247,263 238,726 3.6% Monthly Sales per m2 (CLP) 22,776 23,576 (3.4%) 22,500 23,289 (3.4%) Monthly Revenues per m2 (CLP) 7.5% 3.8% 3.4 pp 8.6% 2.6% 5.9 pp Same Store Rent 5.4% 6.9% -1.5 pp 5.7% 5.6% 0.1 pp Occupancy Cost 9.6% 10.2% (0.6 pp) 9.6% 10,2% (0.6 pp) (+) Lease 6.6% 7.0% (0.4 pp) 6.6% 7.0% (0.4 pp) (+) Common Expenses and Promotion Fund 3.0% 3.2% (0.2 pp) 3.0% 3.2% (0.2 pp) Mallplaza NQS, Bogotá. Mallplaza Piura, Peru. 1) The decrease in monthly revenue per square meter is due to the consolidation of assets in Peru. Per-square-meter metrics are calculated using the average square meters for each period. Includes consolidated revenue from Chile, Peru, and Colombia.
Page 53
Chile Colombia Peru Main indicators by country • We recorded strong operational and strategic progress. Foot traffic increased 5.9%, reaching 50.5 million visits, driving a 7.4% rise in tenant sales. • Comparable indicators showed solid performance, with Same Store Sales (SSS) up 5.3% and Same Store Rent (SSR) up 5.9%. • El EBITDA increased by 11.7%, reaching a margin of 79.0%, which is 1.4 percentage points higher than the previous year. Occupancy was 95.2%, while the occupancy cost remained in line with the previous quarter • In Peru, we consolidated a quarter of strong operational performance, driven by progress in the integration of the acquired portfolio and an increasingly relevant commercial offering. Foot traffic grew by 4.0%, reaching 30.4 million visits, fueled by strong increases at Mallplaza Trujillo and Comas, where sales rose by 25.8% and 18.6%, respectively. • Occupancy reached a solid 96.5%, while EBITDA grew by 18.2%, with a strong margin of 85.4%. These results reflect the tangible impact of our transformation roadmap in Peru and the untapped potential that still exists in this key market for Mallplaza. Chile (Millions of CLP) Peru (Thousands of Soles) Colombia (Millions of COP) Consolidated Plaza S.A (Millions of CLP) 2Q25 2Q24 Var. % 2Q25(1) 2Q24(2) Var. % (3) 2Q25 2Q24 Var. % 2Q25 2Q24 Var. % GLA (m²) 1,450,629 1,430,939 1.4% 618,297 618,505 0,0% 272,466 272,001 0.2% 2,341,392 1,702,940 37.5% Visitor Flow (millions) 50.5 47.7 5.9% 30.4 29.2 4.0% 11.9 12.2 (2.5%) 92.8 73.1 26.9% Tenants Sales 1,044,915 972,731 7.4% 1,328,277 1,190,237 11.6% 516,451 469,332 10.0% 1,540,294 1,240,260 24.2% Var. Same Store Sales4 5.3% 4.7% 0.6 p.p. 10.7% -0.3% 11.0 p.p. 8.6% -0.7% 9.2 p.p. 7.2% 3.8% 3.4 p.p. Revenue 117,602 107,089 9.8% 108,780 101,142 7.6% 63,022 55,401 13.8% 160,062 120,423 32.9% Var. Same Store Rent 5.9% 6.6% (0.7 p.p.) 2.0% 2.8% (0.8 p.p.) 7.4% 12.2% (4.8 p.p.) 5.5% 6.4% (0.9 p.p) EBITDA 92,907 83,143 11.7% 92,926 78,637 18.2% 48,709 35,926 35.6% 128,020 91,661 39.7% EBITDA Margin 79.0% 77.6% 1.4 p.p. 85.4% 77.7% 7.7 p.p. 77.3% 64.8% 12.4 p.p. 80.0% 76.1% 3.9 p.p. Monthly sales per m2 (CLP/PEN/COP) 273,055 259,531 5.2% 849 752 12.8% 752,532 723,817 4,0% 249,086 241,337 3.2% Monthly revenues per m2 (CLP/PEN/COP) 26,836 24,887 7.8% 60 57 5.8% 78,545 77,199 1.7% 22,776 23,576 (3.4%) Occupancy Cost (%) 10.2% 10.2% (0.0 p.p.) 7.5% 7.8% (0.2 p.p.) 11.0% 11.1% (0.1 p.p.) 9.6% 10.2% (0.6 p.p) Occupancy 95.2% 95.7% (0.5 p.p.) 96.5% 96.5% (0.0 p.p.) 96.7% 95.4% 1.3 p.p. 95.7% 95.5% 0.2 p.p. (1 and 2) Includes information for the second quarter of 2024 from Mallplaza Peru and Open Plaza Peru(3) Variation 2Q25(1) vs. 2Q24(2).(4) Mallplaza Cali is not included. Operational performance is presented on a pro forma basis for the second quarter of 2025 (2Q25), compared to the same period in 2024. Note: In 2024, revenue was reported as the sum of all malls, while in 2025 it is reported by country (with 2024 figures also restated using this standardized approach). 53 • In Colombia, we delivered strong growth in the second quarter, reflecting a more consolidated and efficient operation. Revenue increased 13.8%, driven by solid performance at Mallplaza Manizales and Buenavista, while EBITDA rose 35.6%, reaching a margin of 77.3%, up 12.4 percentage points, supported by greater operational efficiency and improved parking monetization. • Sales grew 10.0%, reinforcing the portfolio's maturity. Same Store Rent reached 7.4%, confirming the strength of our core rental income in line with local inflation.
Page 54
Main indicators by country 54 Last twelve months Chile (Millions of CLP) Peru (Thousands of Soles) Colombia (Millions of COP) Consolidated Plaza S.A (Millions of CLP) LTM 2025 LTM 2024 Var. % LTM 2025(1) LTM 2024(2) Var. %(3) LTM 2025 LTM 2024 Var. % LTM 2025 LTM 2024 Var. % GLA (m²) 1,450,629 1,430,939 1.4% 618,297 618,505 0,0% 272,466 272,001 0.2% 2,341,392 1,702,940 37.5% Visitor Flow (millions) 206.8 195.1 6.0% 124.3 116.6 6.6% 48.6 44.3 9.7% 351.5 292.5 20.2% Tenants Sales 4,307,155 3,917,160 10.0% 5,316,132 4,889,943 8.7% 2,175,062 1,695,429 28.3% 5,996,694 4,951,601 21.1% Var. Same Store Sales4 7.1% 0.1% 7.0 p.p. 8.9% -5.1% 14.1 p.p. 6.3% 1.3% 5.0 p.p. 7.7% -0.4% 8.1 p.p. Revenue 442,139 397,516 11.2% 425,865 398,865 6.8% 249,131 191,335 30.2% 576,184 451,528 27.6% Var. Same Store Rent 6.0% 5.6% 0.4 p.p. 3.3% 5.1% (1.8 p.p.) 13.3% 12.7% 0.7 p.p. 7.1% 5.9% 1.1 p.p. EBITDA 356,612 315,782 12.9% 346,579 315,629 9.8% 182,912 138,216 32.3% 453,991 346,924 30.9% EBITDA Margin 80.7% 79.4% 1.2 p.p. 81.4% 79.1% 2.3 p.p. 73.4% 72.2% 1.2 p.p. 78.8% 76.8% 2.0 p.p. Monthly sales per m2 (CLP/PEN/COP) 282,384 264,642 6.7% 844 781 8.0% 796,934 812,474 (1.9%) 259,285 250,021 3.7% Monthly revenues per m2 (CLP/PEN/COP) 25,993 24,123 7.8% 60 57 5.6% 81,066 77,991 3.9% 23,138 22,753 1.7% Occupancy Cost (%) 9.7% 9.9% (0.2 p.p.) 7.3% 7.6% (0.3 p.p.) 10.7% 10.1% 0.6 p.p. 9.4% 9.9% (0.5 p.p.) Occupancy 95.2% 95.7% (0.5 p.p.) 96.5% 96.5% (0.0 p.p.) 96.7% 95.4% 1.3 p.p. 95.4% 95.5% 0.2 p.p. • To facilitate understanding of the Peru transaction, operational information is presented on a pro forma basis, allowing for a clear view of the data corresponding to Open Plaza and Mallplaza Peru for both 2024 and 2025. • Note: Revenue figures reflect the net effect of marketing expenses, which results in a reduction in reported revenue per mall. (1 and 2) Includes information for 2025 and 2024 from Mallplaza Peru and Open Plaza Peru (1) Variation 2025(1) vs. 2024(2) (2) Mallplaza Cali is not included
Page 55
Quarterly results by asset As of june 2025 | Chile in millions of CLP, Peru in thousands of PEN, and Colombia in millions of COP 55 (1) Includes information for the second quarter of 2025 for Mallplaza Peru and Open Plaza Peru. (2) Includes information for the second quarter of 2024 for Mallplaza Peru and Open Plaza Peru. (3) Covers 7 shopping centers (Trujillo, La Marina, Canta Callao, Huánuco, Chiclayo, Pucallpa, Cajamarca) Sales Revenue Shopping Centers GLA % Owned GLA Occupancy 2Q25(1) 2Q24(2) Var (%) 2Q25(1) 2Q24(2) Var (%) Mallplaza Vespucio 188,344 100% 97.6% 152,048 130,773 16.3% 18,780 14,689 27.9% Mallplaza Trébol 119,012 100% 98.4% 125,502 118,556 5.9% 13,075 12,014 8.8% Mallplaza Oeste 182,597 100% 97.5% 128,559 122,491 5.0% 12,978 12,546 3.4% Mallplaza Norte 138,822 100% 95.1% 91,694 88,414 3.7% 10,134 9,812 3.3% Mallplaza Egaña 94,680 100% 98.8% 82,768 79,539 4.1% 9,279 8,168 13.6% Mallplaza Antofagasta 80,439 100% 94.0% 71,522 68,183 4.9% 6,951 6,213 11.9% Mallplaza La Serena 64,351 100% 98.6% 50,931 44,926 13.4% 6,565 6,027 8.9% Mallplaza Tobalaba 78,909 100% 97.1% 60,849 56,561 7.6% 6,351 7,219 -12.0% Mallplaza Sur 77,286 100% 91.6% 58,203 54,543 6.7% 4,535 3,786 19.8% Mallplaza Calama 77,718 100% 97.0% 53,300 48,425 10.1% 4,683 4,322 8.4% Mallplaza Los Dominicos 95,699 100% 95.1% 34,940 35,529 -1.7% 4,996 5,138 -2.8% Mallplaza Los Ángeles 38,923 100% 99.1% 31,720 29,767 6.6% 3,478 3,075 13.1% Mallplaza Copiapó 46,191 100% 97.8% 24,136 22,002 9.7% 2,805 2,640 6.3% Mallplaza Arica 35,241 100% 97.6% 20,478 19,008 7.7% 2,220 2,034 9.1% Mallplaza Bío Bío 45,925 100% 97.2% 19,990 19,734 1.3% 2,299 1,984 15.8% Mallplaza Alameda 59,603 100% 78.2% 19,414 17,547 10.6% 2,896 2,244 29.0% Mallplaza Iquique 26,890 98% 96.0% 18,860 16,736 12.7% 2,321 1,808 28.4% Total CHILE 1,450,629 95.2% 1,044,915 972,731 7.4% 114,348 103,721 10.2% Mallplaza Trujillo 83,641 100% 98.3% 316,105 251,179 25.8% 23,372 20,572 13.6% Mallplaza Comas 80,152 100% 95.2% 145,374 122,571 18.6% 14,019 14,422 -2.8% Mallplaza Angamos 55,278 100% 97.7% 118,171 114,592 3.1% 11,309 10,883 3.9% Mallplaza Piura 41,958 100% 95.3% 114,464 103,342 10.8% 8,513 8,167 4.2% Mallplaza Arequipa 42,570 100% 95.8% 111,589 106,460 4.8% 9,168 8,517 7.6% Mallplaza Bellavista 91,370 100% 89.0% 87,314 84,917 2.8% 12,584 11,770 6.9% Open Atocongo 38,438 100% 99.3% 85,987 78,601 9.4% 5,145 5,023 2.4% Mallplaza Huancayo 42,597 100% 98.9% 61,791 56,917 8.6% 5,941 5,550 7.1% Power Centers3 142,293 100% 98.8% 287,482 271,659 5.8% 17,007 16,186 5.1% Total PERU 618,297 96.5% 1,328,277 1,190,237 11.6% 107,058 101,089 5.9% Mallplaza NQS 81,341 100% 96.2% 140,950 123,484 14.1% 17,424 16,617 4.9% Mallplaza Buenavista 57,487 65% 99.0% 147,581 130,879 12.8% 13,130 11,603 13.2% Mallplaza Cali 66,640 100% 96.4% 91,834 92,811 -1.1% 12,428 12,170 2.1% Mallplaza Cartagena 27,643 100% 93.7% 73,872 65,943 12.0% 9,142 8,663 5.5% Mallplaza Manizales 39,355 80% 96.6% 62,215 56,215 10.7% 8,350 7,480 11.6% Total COLOMBIA 272,466 96.7% 516,451 469,332 10.0% 60,474 56,533 7.0%
Page 56
Quarterly results by asset As of june 2025 | Chile in millions of CLP, Peru in thousands of PEN, and Colombia in millions of COP 56 Monthly sales per m2(CLP/PEN/COP) Monthly revenues per m2 (CLP/PEN/COP) Shopping Centers 2Q25(1) 2Q24(2) Var (%) 2Q25(1) 2Q24(2) Var (%) Mallplaza Vespucio 316,597 300,034 5.5% 35,087 29,772 17.9% Mallplaza Trébol 322,523 308,165 4.7% 32,297 30,057 7.5% Mallplaza Oeste 305,922 289,890 5.5% 23,406 22,742 2.9% Mallplaza Norte 270,700 252,001 7.4% 24,445 23,017 6.2% Mallplaza Egaña 332,043 325,734 1.9% 33,230 29,919 11.1% Mallplaza Antofagasta 320,734 306,007 4.8% 30,132 27,144 11.0% Mallplaza La Serena 318,876 284,362 12.1% 34,718 32,287 7.5% Mallplaza Tobalaba 271,852 267,965 1.5% 27,380 32,931 -16.9% Mallplaza Sur 267,155 252,130 6.0% 19,971 16,927 18.0% Mallplaza Calama 249,557 229,183 8.9% 20,740 19,303 7.4% Mallplaza Los Dominicos 139,257 144,834 -3.9% 18,773 19,741 -4.9% Mallplaza Los Ángeles 302,414 285,933 5.8% 30,318 27,070 12.0% Mallplaza Copiapó 181,187 167,001 8.5% 20,120 19,185 4.9% Mallplaza Arica 208,256 189,722 9.8% 21,390 19,706 8.5% Mallplaza Bío Bío 156,365 157,023 -0.4% 17,076 15,258 11.9% Mallplaza Alameda 153,191 154,479 -0.8% 21,332 18,120 17.7% Mallplaza Iquique 272,353 239,853 13.6% 31,572 24,925 26.7% Total CHILE 273,055 259,531 5.2% 26,836 24,887 7.8% Mallplaza Trujillo 1,491 1,158 28.8% 96 83 15.6% Mallplaza Comas 736 627 17.5% 62 67 -6.7% Mallplaza Angamos 953 920 3.5% 71 68 4.8% Mallplaza Piura 985 900 9.4% 68 66 4.0% Mallplaza Arequipa 1,016 972 4.5% 75 72 4.8% Mallplaza Bellavista 493 480 2.8% 52 49 6.9% Open Atocongo 808 748 8.0% 45 44 2.1% Mallplaza Huancayo 522 448 16.4% 48 44 7.4% Power Centers3 712 660 7.9% 40 38 6.2% Total PERU 849 752 12.8% 60 57 5.8% Mallplaza NQS 729,852 701,133 4.1% 77,828 80,287 -3,1% Mallplaza Buenavista 973,104 872,402 11.5% 78,003 68,908 13.2% Mallplaza Cali 533,520 602,912 -11.5% 66,469 74,140 -10.3% Mallplaza Cartagena 1,119,286 1,002,732 11.6% 118,999 110,195 8.0% Mallplaza Manizales 601,825 548,069 9.8% 73,295 65,512 11.9% Total COLOMBIA 752,532 723,817 4,0% 78,545 77,199 1.7% (1) Includes information for the second quarter of 2025 for Mallplaza Peru and Open Plaza Peru. (2) Includes information for the second quarter of 2024 for Mallplaza Peru and Open Plaza Peru. (3) Covers 7 shopping centers (Trujillo, La Marina, Canta Callao, Huánuco, Chiclayo, Pucallpa, Cajamarca)
Page 57
Last twelve months results by asset As of june 2025 | Chile in millions of CLP, Peru in thousands of PEN, and Colombia in millions of COP 57(1) Includes information for the second quarter of 2025 from Mallplaza Peru and Open Plaza Peru. (2) IIncludes information for the second quarter of 2024 from Mallplaza Peru and Open Plaza Peru (3) Covers 7 shopping centers (Trujillo, La Marina, Canta Callao, Huánuco, Chiclayo, Pucallpa, Cajamarca) Sales Revenue Monthly sales per m2 (CLP/PEN/COP) Monthly revenues per m2(CLP/PEN/COP) Shopping Centers LTM 2025 LTM 2024 Var (%) LTM 2025 LTM 2024 Var (%) LTM 2025 LTM 2024 Var (%) LTM 2025 UDM 2024 Var (%) Mallplaza Vespucio 616,116 524,397 17.5% 67,797 57,989 16.9% 333,890 306,681 8.9% 32,439 30,056 7.9% Mallplaza Trébol 521,171 488,625 6.7% 50,893 46,354 9.8% 335,505 319,385 5.0% 31,440 29,138 7.9% Mallplaza Oeste 535,927 495,590 8.1% 52,240 47,782 9.3% 318,251 295,656 7.6% 23,524 21,819 7.8% Mallplaza Norte 373,970 340,626 9.8% 39,896 36,993 7.8% 269,258 244,557 10.1% 23,493 21,960 7.0% Mallplaza Egaña 332,960 302,389 10.1% 36,291 32,223 12.6% 334,822 315,003 6.3% 32,607 29,939 8.9% Mallplaza Antofagasta 297,188 274,276 8.4% 27,014 24,523 10.2% 338,470 315,690 7.2% 29,641 27,326 8.5% Mallplaza La Serena 225,169 183,967 22.4% 26,060 23,013 13.2% 354,316 297,141 19.2% 34,655 31,281 10.8% Mallplaza Tobalaba 247,246 229,853 7.6% 23,810 22,145 7.5% 279,142 283,368 -1.5% 25,857 26,201 -1.3% Mallplaza Sur 237,796 232,565 2.2% 17,988 15,478 16.2% 266,787 263,007 1.4% 19,339 16,880 14.6% Mallplaza Calama 213,079 191,329 11.4% 18,359 16,708 9.9% 249,940 230,724 8.3% 20,353 18,904 7.7% Mallplaza Los Dominicos 147,801 147,588 0.1% 19,941 19,843 0.5% 147,413 146,054 0.9% 18,912 18,748 0.9% Mallplaza Los Ángeles 128,929 121,671 6.0% 13,528 12,324 9.8% 308,172 291,282 5.8% 29,632 27,069 9.5% Mallplaza Copiapó 100,280 87,474 14.6% 11,311 10,278 10.0% 190,517 176,246 8.1% 20,528 19,808 3.6% Mallplaza Arica 85,517 78,822 8.5% 8,979 8,114 10.7% 212,126 201,609 5.2% 21,475 20,098 6.9% Mallplaza Bío Bío 80,922 77,633 4.2% 8,708 7,660 13.7% 159,155 156,438 1.7% 16,321 14,845 9.9% Mallplaza Alameda 79,915 71,176 12.3% 10,645 9,163 16.2% 163,796 164,988 -0.7% 20,143 18,773 7.3% Mallplaza Iquique 83,169 69,181 20.2% 8,679 6,925 25.3% 280,140 249,609 12.2% 27,923 23,999 16.3% Total CHILE 4,307,155 3,917,160 10.0% 442,139 397,516 11.2% 282,384 264,642 6.7% 25,993 24,123 7.8% Mallplaza Trujillo 1,163,717 1,006,813 15.6% 90,045 77,741 15.8% 1,350 1,205 12.0% 91 81 11.6% Mallplaza Comas 561,889 487,236 15.3% 57,281 50,599 13.2% 711 633 12.3% 64 60 5.9% Mallplaza Angamos 494,417 465,795 6.1% 45,479 43,726 4.0% 992 932 6.4% 72 68 6.0% Mallplaza Piura 469,177 441,954 6.2% 35,072 33,832 3.7% 1,013 963 5.2% 70 68 3.0% Mallplaza Arequipa 453,701 437,021 3.8% 37,391 33,620 11.2% 1,032 1,006 2.6% 77 71 8.9% Mallplaza Bellavista 353,806 354,614 -0.2% 47,602 51,400 -7.4% 494 499 -1.1% 49 53 -7.6% Open Atocongo 348,160 323,740 7.5% 20,833 20,465 1.8% 821 779 5.4% 46 45 1.8% Mallplaza Huancayo 267,643 241,126 11.0% 23,173 22,494 3.0% 556 484 14.8% 46 44 4.6% Power Centers3 1,203,621 1,131,644 6.4% 68,989 64,987 6.2% 741 692 7.2% 41 38 6.9% Total PERU 5,316,132 4,889,943 8.7% 425,865 398,865 6.8% 844 781 8.0% 60 57 5.6% Mallplaza NQS 583,563 511,895 14.0% 72,764 66,225 9.9% 772,170 805,840 -4.2% 81,423 81,441 0.0% Mallplaza Buenavista 616,008 550,045 12.0% 53,899 45,654 18.1% 1,012,138 918,925 10.1% 80,014 68,125 17.5% Mallplaza Cali 392,365 104,526 275.4% 49,592 13,243 274.5% 569,315 561,206 1.4% 67,104 66,308 1.2% Mallplaza Cartagena 319,285 282,194 13.1% 38,102 35,543 7.2% 1,213,094 1,089,997 11.3% 122,874 113,804 8.0% Mallplaza Manizales 263,842 246,769 6.9% 34,775 30,669 13.4% 639,559 605,130 5.7% 76,127 66,974 13.7% Total COLOMBIA 2,175,062 1,695,429 28.3% 249,131 191,335 30.2% 796,934 812,474 -1.9% 81,066 77,991 3.9%
Page 58
Recuerda etiquetar tus correos para proteger nuestra información. tanto para correos como archivos de office. Las etiquetas d e información son Publica, Interna, Confidencial y Altamente Confidencial. The information contained in this document is not disclosed in order to comply with any information disclosure obligation that applies to Plaza S.A. or any of its subsidiaries to comply with the law or any other binding regulation. Therefore, by making this disclosure Plaza S.A. is under no obligation to update the information contained in it, nor to repeat such information disclosure in the future. The information contained in this document is correct on the date it was issued. It is your responsibility to: (i) check whether this document contains the most recent information disclosure by Plaza S.A. regarding the issues reported here; and (ii) be aware that from the date this document was issued, changes may have taken place in the economic conditions or market conditions that affect Plaza S.A., or its subsidiaries, and its business performance. The information contained in this document and the manner in which it is presented, taken by itself or together with other information formally disclosed by Plaza S.A., describes its past and present business performance. However, it does not constitute a basis for assuming that such performance can be maintained in the future. It could improve or worsen. Any performance projections are subject to risks and uncertainties that could result in substantial deviations from expectations. Moreover, many of these risks and uncertainties are outside the control of Plaza S.A. and its subsidiaries, such as changes in consumer habits; development of new technologies relevant to the business and inaccessible by Plaza S.A. and its subsidiaries; fluctuations in the cost of consumables; new regulations or amendments to current regulations; decisions by regulatory authorities; competitor behavior; political changes that affect market conditions; interest rates; exchange rates; natural disasters; and climatic conditions. The aforementioned list is not exhaustive, but merely exemplary. This document is not a transaction request regarding securities issued by Plaza S.A. or any of its subsidiaries. Our sole purpose has been to truthfully and promptly inform you, according to our understanding of best practice and market standards, and compliments our information disclosures required by the law. 58 Disclaimer
Page 59
Recuerda etiquetar tus correos para proteger nuestra información. tanto para correos como archivos de office. Las etiquetas d e información son Publica, Interna, Confidencial y Altamente Confidencial. INSTITUTIONAL PRESENTATION Second Quarter 2025 Lifestyle, Mallplaza Vespucio.