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Investor Presentation T h i r d Q u a r t e r 2 0 2 6 NOURISHING A BETTER WORLD
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Delivering quality results YTD 2026 Our ESG journey 2 3 Strengthening our leadership in the baking and snacks industries 4 A strong growth trajectory built for the long-term 1 AGENDA 2
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______________ Figures as of September 30, 2026. 1) Expressed in US using end of period FX rate of $18.1 Ps./US. 2) LTM Net Sales and Adjusted EBITDA with IFRS16 effect were Ps. $420,168 million and Ps. $61,791 million, respectively. Converted to US dollars using an average FX rate for the LTM period of $17.6 Ps./US. 3) Adj. EBITDA: Earnings before interests, taxes, depreciation, amortization and Multiemployer Pension Plans (“MEPPs”). 4) Adj. EBITDA w/o IFRS16. and a Key Player in The Food Industry +200 brands +152k associates +10k products +54k routes +1.6k sales centers 250 bakeries and snackeries 3 Global Baking Leader Market Cap1 US$13.1 Bn US$23.8 Bn Net Sales (LTM)2 US$3.5 Bn Adj. EBITDA (LTM)2,3 2.4x Net Debt / Adj. EBITDA (LTM)4 Baa1/BBB+ Moody’s / Fitch and S&P Operates in 39 countries Present in 102 countries
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Highly Diversified Company with Leading Positions Across Categories Mexico 34.2% 56.7% Associates Market share leader within 9 categories Net Sales as a % of GB Adj. EBITDA as a % of GB +77K 37 EAA 2 12.7% Adj. EBITDA as a % of GB +21K Bakeries & Snackeries Net Sales as a % of GB 10.2% Associates 92 Market share leader within in most countries 4 categories Latin America 3 11.2% Adj. EBITDA as a % of GB +27K Market share leader within 5 categories Net Sales as a % of GB 5.6% Associates 43 North America 1 41.9% Market share leader within 5 categories Canada Associates 78 Adj. EBITDA as a % of GB U.S. Net Sales as a % of GB 27.5% +26K ______________ Figures as of September 30, 2026. Market share information from Nielsen, Circana, Kantar, Scanntech, RIME, Up The Trade & Scentia and Company Information for the countries and categories where Grupo Bimbo participates as of Aug 2026 . 1. Includes operations in the US and Canada. 2. Includes operations in Europe, Asia and Africa. 3. Includes operations in Central and South America. 4 in most countries Bakeries & Snackeries Bakeries & Snackeries Bakeries & Snackeries
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in Two Large, Attractive and Growing Industries 5 Leading Player #1 Global Player Market share3.7% TOP 5 Global Player 2022 2023 2024 2025 2026 #4 Player BAKING Leading supplier to the world's most recognized QSR brands SNACKS Market Size CAGR 25-30’ CAGR 20-25’ US$674 Bn 3.4%3.8% Market Size CAGR 20-25’ US$110 Bn 2.9%5.0% CAGR 25-30’ Artisanal 44.1% Private Label 9.8% Others 42.4% ______________ Source: GlobalData, information reported as of 2025. Value M USD-2025. Note: Baking Industry: Bread and Rolls, Cakes and Pastries, Cookies (Sweet Biscuits), Morning Goods, Energy Bars and Cereal Bars. Snacks Industry: Popcorn and Ready-to-Eat popcorn segments, Potato Chips Subcategory (Baked, Fried and Potato Chips segments) and Processed Snacks (Corn Chips, Extruded Snacks, Pork Rinds, Processed Snacks and Tortilla Chips segments). Ranking does not include Artisanal bakeries and Private Label.
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Supermarkets, convenience stores, among others Foodservice, wholesale, vending machines, etc. Retail Traditional QSR Others Bimbo is the most chosen food brand in Mexico and the top 5 brand among the FMCG 1 sector in Mexico and Latin American households 2 Leading brands across markets Channels Our distribution fleet travels every day the equivalent to +100 trips in aggregate around the world Quick Service Restaurants “Mom & Pops” Categories Sliced bread Bagels Artisan bread Buns & rolls Cakes Toast Salty snacks English muffins Pastries Cookies Tortillas & flatbread 6 Brands, Categories & Channels that Drive Loyalty Unmatched Reach: ______________ 1. Fast Moving Consumer Goods. 2. Source: Kantar World as of 2025.
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Leading the artisanal bread trend Protein-rich and gluten-free offerings Attending new health & wellness trends Expanding into new geographies #1 mini muffin brand in the U.S. 1 #1 in-store bakery brioche brand in the US 1 Portfolio premiumization by grains and seeds #1 in Breakfast Bread category COVERING EMERGING NEEDS GROWING THE CORE OCCASIONALDAILY 7 Consumer– Led Growth: Innovating Across Core & Emerging Categories Whole wheat bread from Mexico, made without artificial colors or preservatives ______________ 1. Source: Information Resources, Inc. as of 2025. i.e Differentiated snacks anytime i.e Smart bites i.e Empowering premium categories i.e Simple recipes i.e Elevating ingredient quality i.e Focus on breakfast opportunities
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Innovation as a Strategic Growth Engine 2 3 4 5 8 1 Investment in startups Alliances to improve and create disruptive products Expand across brands, formats, channels, and experiences Adapt to local consumer needs Smart Portions/ “Snackification” Health & Wellness Clean Label & Positive Nutrition Premiumization End-to-end value chain evolution Global scale & strong brand penetration Innovation Centers Methodologies to experiment & learn fast Deep consumer understanding Advanced consumer analytics and AI-driven insight We co-create: From insights to action We deliver: The right solution for every need We collaborate: Open Innovation for acceleration We are competitive: Success drivers We listen first: Everything starts with the Consumer
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Delivering quality results YTD 2026 Our ESG journey 1 3 Strengthening our leadership in the baking and snacks industries 4 A strong growth trajectory built for the long-term 2 9 AGENDA
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Net sales +4.3% Adj. EBITDA +10.0% Adj. EBITDA margin +100 bps →14.7% North America Mexico EAA F r e e C a s h F low Ps. $17Bn Returned Ps. $6.0 Bn to shareholders Net Debt / Adj. EBITDA 2.4x 0.3x lower vs. Dec. 2025 EBITDA Margin +90 bps → 9.8% Back to Growth Outpacing Trends Strong Momentum +130 bps → 21.2% 10 +130 bps → 11.0% EBITDA Margin EBITDA Margin ______________ 1. Year to date as of 3Q26. Net Sales and Adj. EBITDA growth excluding FX rate effect. Mixed Results -110bps → 8.0% EBITDA Margin Latin America Financial Results Year-to-Date: Quality Growth, Strong Cash Flow and Continued Deleveraging ¹
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(4.5%) (3.4%) (4.5%) (5.7%) (4.9%) (4.6%) (3.5%) (2.9%) 0.7% 1.3% 1.0% 1Q24 2Q24 3Q24 4Q24 1Q25 2Q25 3Q25 4Q25 1Q26 2Q26 3Q26 (160) (130) (140) (390) (130) (70) Stronger in-market execution Significant productivity benefits Δ Net Sales ¹ Δ EBITDA Margin (bps) +120+330 11 Transformation unlocking value ______________ 1. Year over year sales growth excluding FX rate effect. +100+90 +40 • Pricing and promotion discipline • Enhanced frontline execution and service levels • Relevant and differentiated innovation • Manufacturing & Supply Chain efficiency • Product and packaging optimization • Procurement efficiencies • Streamlined G&A structure North America: Clear Signs of Progress Back to growth with continued margin expansion
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Innovation and Execution Strengthening Competitive Position Across Most Categories 12 Industry Private label Salty Snacks Mainstream Bread Sweet Baked Goods 1.3% (0.8%) 1.1% 0.9% (3.0%) (1.3%) 0.0% (5.6%) (0.1%) 7.2% (3.2%) 1.2% Premium Bread Buns & Rolls Breakfast 9.6% 0.4%2.9% (4.0%)1.2% (0.9%) ______________ 1. Source: Circana, U.S. dollar sales YTD ending September 27, 2026. Considers Multi-Outlet retailers and Convenience stores data in the US. 3rd consecutive quarter with positive growth Growing while both Industry and Private Label decline 5th consecutive quarter outperforming the industry 2nd consecutive quarter of $ share gains Challenging category dynamics 4th consecutive quarter growing ahead of the industry YTD Sales Growth¹ Bimbo U.S.A.
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3.6% 2.3% 2.0% 4.5% 4.7% 5.2% Mexico Continues to Outpace the Market Continued Outperformance vs. ANTAD GB Mexico Net Sales Growth ANT AD¹ Total Sales Growth RESILIENCE Broad -based growth across categories and channels, supported by innovation, execution, and brand strength 21.2% EBITDA Margin +4.8% Sales Growth +130 bps Margin Expansion 13 ______________ 1. ANTAD is the Spanish acronym for the Asociación Nacional de Tiendas de Autoservicio y Departamentales (National Association of Self-Service and Department Stores), calculation considers Food Retailers total sales. YTD RESULTS 1Q26 1Q262Q26 2Q26 Driven by Strong Execution, Positive Volumes and Price Mix 3Q263Q26
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-8.5% 0.4% 6.3% 7.6% 7.9% 7.0% 7.2% 9.4% 10.8% 11.7% EAA: Built to Last Strategic Acquisitions, Sustained Margin Expansion EBITDA Margin % Sales (MXN mm) +7.5% Sales Growth (exc. FX) +130 bps EBITDA Margin Expansion 11.0% Adj. EBITDA Margin Y T D R E S U L T S 14 $18.7 $53.6 2017 2018 2019 2020 2021 2022 2023 2024 2025 LTM 3Q26 ★ CAPTURING ★ LONG TERM GROWTH OPPORTUNITIES
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Free Cash Flow¹ Ps. $17Bn Strong Free Cash Flow Generation Supports Capital Returns and Deleveraging ★ Adj. EBITDA (ex IFRS16) Ps. $40.9 Bn CAPEX Ps. ($12.1) Bn Ps. $2.7 Bn Ps. ($5.9) Bn Working Capital Taxes 15 ______________ 1. Free Cash Flow Formula= Adjusted EBITDA w/o IFRS16 minus CAPEX (which does not include M&A), Taxes and Net Interest, plus the Working Capital for the period. Ps. ($8.7) Bn ★ ★ ★ ★ Net Interest
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2.7 2.0 1.9 2.9 2.7 2.2 3.1 2.7 2.6 3.0 2.6 2.4 1.9 1.9 1.5 2.1 2.9 2.7 2.4 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 LTM 1Q26 2008 2010 2012 2014 2016 2018 2020 2022 LTM 3Q26 2 3 4 5 2024 Sustainable Growth With Proven Ability To Deleverage Sustainable Growth with Proven Ability to Deleverage Net Debt / Adj. EBITDA¹ Evolution 16 ______________ 1. Adj. EBITDA w/o IFRS16: Earnings before interests, taxes, depreciation, amortization, rents and MEPPs. 2. The acquisition of Weston Foods was consummated in January 2009. Leverage ratio giving pro-forma effect to the Weston Foods acquisition as if such acquisition (and the incurrence of the indebtedness thereof) was consummated on December 31st, 2008. 3. The acquisition of Canada Bread was consummated in May 2014. Leverage ratio giving pro-forma effect to the Canada Bread acquisition as if such acquisition was consummated on May 31, 2014, and Adjusted EBITDA includes 5 months of the EBITDA reported by Canada Bread for such year. 4. The acquisition of East Balt was consummated in October 2017. Leverage ratio giving pro-forma effect to the East Balt acquisition includes 9.5 months of the EBITDA reported by East Balt for such year (Ps.1,060 million or $56 million converted at the exchange rate of Ps.18.92 per $1 dollar which is the average of the daily exchange rates published by Banco de Mexico for the year ended December 31st, 2017). Our Adjusted EBITDA for the year ended December 31st, 2017, was Ps.27,289 mm. 5. IncludesRicolino’s divestiture toMondelēz International, Inc. for an Enterprise value of Ps. $25.8Bn. US$ 2.4 Bn +US$ 1.4 Bn CAD$ 1.8 Bn US$ 650 mm US$ 709 mm Divestiture
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83% 17% Fixed Floating Conservative Debt Profile and Ample Liquidity US $2.35 Bn Undrawn Committed Revolving Credit Facility Total Debt: Avg Tenor: Avg. Cost2: US $8.6 Bn¹ 9.4 years 6.5% C u r r e n c y a n d R a t e M i x 17 ______________ Figures in US$ mm as of September 30, 2026 converted with end of period FX of $17.84 Ps./US. Debt profile does not include US $78 mm of long-term debt at subsidiary level (maturity range 2027-2034). 1. Net of issuance costs. 2. Considers derivatives, withholding tax, and additional costs. 2 900 550 800 498 650 560 585 87 540 125 232 715 673 441 137 699 181 160 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 2036 … 2044 … 2047 2048 2049 2050 2051 USD Bonds MXN Bonds Bank Loans 43% 40% 12% 3% 2% USD MXN EUR CAD GBP
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Delivering quality results YTD 2026 Our ESG journey 1 2 Strengthening our leadership in the baking and snacks industries 4 A strong growth trajectory built for the long-term 3 18 AGENDA
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42% NA 34% Mex 11% Latam EAA 13% Driving Consistent Growth and Profitability Evolution & Growth in the last 18 years 19 (1)(1) LTM 3Q2620182008 2 3.2x 4.0x 3.0x 3.1x 1.6pp 2.2x 2.7x (0.3x) 50% NA 31% Mex 10% Latam EAA 9%22% NA 64% Mex 14% Latam 19 1 2 ______________ 1. Results prepared in accordance with Mexican GAAP. 2. Results prepared in accordance with IFRS. 3. Figures with IFRS 16. Adj. EBITDA: Earnings before interests, taxes, depreciation, amortization and MEPPs. 4. GlobalData. Includes: Bread, Rolls, Cakes, Pastries, Cookies (Sweet Biscuits, Savory Biscuits) and Morning Goods. 5. Calculated with 2009 revenues of GB and the bakedgoods’ market value by GlobalData. 6. Information as of 2025. 7. Adj. EBITDA w/o IFRS16. 8. Leverage ratio pro-forma for Weston Foods acquisition. 9. Leverage ratio pro-forma for Canada Bread acquisition. 2.8pp Net Sales (US$) $7.4 Bn $15.0 Bn $23.8 Bn Adj. EBITDA (US$) $881 MM $1.6 Bn $3.5 Bn3 Adj. EBITDA Margin 11.9% 11.0% 14.7% Geographic Diversification (by Sales) Countries 18 32 39 Bakeries & Snackeries 83 199 250 Baking Market Share4 2.1%5 3.2% 3.7%6 Market Cap (US$) $4.9 Bn $9.3 Bn $13.1 Bn CAPEX (US$) $357 MM $733 MM $1.1 Bn Net Debt / Adj. EBITDA7 2.7x8 2.6x9 2.4x Relevant Acquisitions
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7.7% 7.7% 5.9% 4.8% 4.1% 3.7% 2.5% 1.8% 0.5% -1.0% Grupo Bimbo Has Delivered Best In Class Revenue Growth with Continued EBITDA Expansion CLEARLY OUTPERFORMING THE GLOBAL CPG 1 INDUSTRY Avg. 3.3% ² 2020-2025 Revenue CAGR (%) 3 5 64 5 5 EBITDA Margin Variation (‘20-’25) 7 30bps 8 (370)bps 70bps 20bps (170)bps(200)bps (140)bps (90)bps (100)bps (240)bps 20 ______________ Source:Companies’ public fillings, CapIQ and Nasdaq IR 1.Consumer Packaged Goods. 2. Avg. excluding Grupo Bimbo. 3. Revenue CAGR converted to USD using the average exchange rates for each period: Ps. 21.47/USD in 2020 and Ps. 19.22/USD in 2025. 4. Revenue CAGR converted to USD using the average exchange rates for each period: CHF $0.94/USD in 2020 and CHF $0.79/USD in 2025. 5. 2020–2025 Revenue and EBITDA CAGR calculated using LTM results, reflecting the Company's fiscal year ending in November. 6. 2020–2025 Revenue and EBITDA CAGR calculated using LTM results, reflecting the Company's fiscal year ending in January. 7. EBITDA as calculated by Nasdaq IR. 8. Adj. EBITDA with IFRS16: Earnings before interests, taxes, depreciation, amortization and MEPPs.
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Adj. EBITDA¹ Margin % Key Drivers Mix & Volume Favorable price mix and volume growth Manufacturing New capabilities improving cost structure and driving growth Scale Increased operating leverage across regions M&A Combination of accretive, strategic and synergy-driven acquisitions Operational Excellence Disciplined execution and productivity gains driving SG&A savings Distribution Network optimization reducing logistics cost 2015 2020 2025 YTD 3Q25 YTD 3Q26 Grupo Bimbo 10.7% 13.7% 13.9% 13.7% 14.7% North America 8.3% 12.9% 9.0% 8.9% 9.8% Mexico 17.6% 18.3% 20.4% 19.9% 21.2% EAA (4.4%) 7.6% 10.8% 9.7% 11.0% Latin America 2.1% 4.9% 8.1% 9.1% 8.0% 21 ______________ 1. Adj. EBITDA: Earnings before interests, taxes, depreciation, amortization and MEPPs. Profitability Continues To Strengthen with Additional Upside Potential
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Sustainable Growth With Proven Ability To Deleverage 22 20 Years Of Gross Profit Growth with Industry-leading Margin Resilience Through Every Cycle $30 MXN Bn $223 2005 2025 7x 20-year CAGR 10.5% more margin stability than peers 4x Gross Profit Growth G R O S S M A R G I N Peer Avg. 54.0% 41.7% 52.3% 35.2% Grupo Bimbo 2005 2025 ______________ Source: Bloomberg. The peer average includes Mondelez, Nestlé, The Campbell's Company, Conagra Brands, Flowers Foods, General Mills and M. Dias Branco.
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$0.6 $1.0 $1.4 $2.0 $1.6 $1.2 2020 2021 2022 2023 2024 2025 2026 $1.0-1.2 Outlook USD Bn Our Capex Strategy Business Continuity Maintaining operational excellence across all facilities Growth Expansion New capacity, markets and production capabilities Productivity Automation, technology and efficiency improvements 1 2 3 23 Capex: our Top Priority, Consistent with our Long-term Strategy
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24 Strategic M&A: Focused on Bolt-On Acquisitions New Geographies 2026 2025 2024 2023 2022 2021 Complementary/Synergistic Differentiated Know-how & Capabilities Romania Tunisia Turkey Romania Romania Balkans Tunisia India UK & US US Canada Costa Rica Brazil Spain Uruguay US Avg. 5-year annual investment: US ~$480 mm(’21-’25)
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Artificial Intelligence as a Business Transformation Engine Demand Forecasting Advanced demand sensing and forecasting Improved inventory planning Reduced waste Commercial Excellence AI-powered purchase recommendations Optimized assortment by customer Personalized commercial execution Smart Routing & Logistics Route optimization algorithms Dynamic delivery planning Improved fleet utilization Intelligent Manufacturing Predictive maintenance Production line optimization Quality monitoring through AI Administrative Automation Automated repetitive work Intelligent document processing Digital assistants and workflow automation AI is embedded across our value chain, driving growth, productivity, innovation and service excellence Driving Growth, Productivity and Service Excellence Propuesta Jonathan: Embedded in how GB´s people decide, operate, innovate, and grow, creating measurable value at global scale AI is embedded across our value chain, helping improve service, productivity and profitability.
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Looking Forward Raising our Margin Guidance on Strong Year-to-date Results 2026 Guidance Excluding FX Effect Including FX Effect Net Sales Mid single-digit growth Flat to low single-digit decline Adj. EBITDA1 Margin expansion between 85 bps to 120 bps CAPEX US $1.0-1.2 Bn 26 ______________ 1. Adjusted EBITDA with IFRS16 effect.
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Delivering quality results YTD 2026 Our ESG journey 1 2 Strengthening our leadership In the baking and snacks industries 3 A strong growth trajectory built for the long-term 4 27 AGENDA
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Clear and Ambitious Sustainability Strategy NOURISHING A BETTER WORLD Human rights and labor standards Sustainable raw material sourcing Environmental standards Product quality and safety 28
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Strong Commitment Towards our Sustainability Goals 29 ______________ 1) 48% of sales accomplish≥3.5 stars according to the Health Star Rating System (HSR). 2) Total Recordable Incident Rate Baked for you Baked for life Baked for nature 100% simple and natural recipes in baking and snacks 100% products will be part of a healthy plant-based diet 100% products with nutritional transparency 1 social impact project at least per work center To create safe, healthy, diverse, equitable and inclusive workplaces 40% female talent in leadership positions Reduction of Co² emissions vs. 2019: 50% Scope 1 and 28% Scope 3 100% packaging supports a circular economy 200k hectares of wheat farmed through regenerative agriculture 50% reduction in food waste 20% reduction in water consumption vs. 2019 2030 Goals Progress as of 2025 98% 100% of daily products are now free from artificial flavors and colorants of daily bread, buns & breakfast portfolio with positive nutrition 48% of sales meet the highest nutrition standards under HSR¹ 1.59 leadership positions occupied by women Good Neighbor projects with +1.7 M beneficiaries +30% 270 of packaging made from recyclable materials of treated water is reused vs 2020 hectares farmed under regenerative agriculture practices food waste reduction vs. 2020 renewable electricity across operations vs 2020100% 100% +500k 99% 7% TRIR2
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of the portfolio already meets the highest nutrition standards Best Nutritional Profiles 48% Key nutrition focus areas Clean Label •Simple recipes •Recognizable ingredients Positive Nutrition • Less sodium, added sugars & saturated fats • More fiber & protein Fortified Options • Enriched with micronutrients like iron, zinc, vitamins A/D Smart Portions • Convenient formats • Enhanced nutritional value per serving Our ambition By 2026, 100% daily and occasional products free from artificial colors and flavors 2030 100% • Simple & natural recipes • Products supporting healthy plant-based diets • Nutritional transparency • 100% Daily portfolio free from artificial colors and flavors • 98% Positive nutrition compliance across daily consumption categories • +90% Breads, buns, bagels and English muffins now provide more fiber • 21% Daily portfolio with simplified recipes (<10–15 recognizable ingredients) 2025 Progress 30
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Executive Team Leading Management Team with Top – Notch Corporate Governance 1 Audit and Corporate 2 Finance and Planning 3 Evaluation, Results and Nominations Fernando Lerdo de Tejada Executive VP, GB Greg Koehrsen President, Bimbo Bakeries USA José Manuel Guzmán President, Bimbo Mexico Alejandro Pintado President, Barcel México Board of Directors · 18 members Daniel Servitje Executive Chair 39% 28% Independent Members Women Recognitions For the 10th consecutive year Alejandro Rodríguez Bas CEO Juan Muldoon Chief People Officer Diego Gaxiola CFO Jorge G. Zárate Chief Supply Chain Officer Raúl Obregón Executive VP, GB Committees 31
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Thankyou! ir@grupobimbo.com www.grupobimbo.com NOURISHING A BETTER WORLD
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Theinformationcontainedhere in hasbeenpreparedby GrupoBimbo,S.A.B. de C.V. (the“Company")solelyfor useat this presentation. Thispresentationdoes not purport to contain all the information that maybe requiredto evaluateanyinvestmentin the Companyor anyof its securitiesand shouldnot be relied upon to form the basis of, or be relied on in connection with, any contract or commitment or investment decision whatsoever. No representationor warranty,either expressor implied, is made as to the accuracy,reliability or completenessof the information presentedherein. Thispresentationhas been preparedsolelyfor informationalpurposesand shouldnot be construedascontaininganyoffer,invitation or recommendationto purchase,sellor subscribefor any securitiesin any jurisdiction and neither the issue of the information nor anything contained herein shall form the basis of or be relied upon in connectionwith, or act as an inducementto enter, any investmentactivity. Thispresentationshould not be regardedby recipientsas a substitute for the exerciseof their own judgmentin connectionwith anyinvestmentactivity. Themerit andsuitabilityof an investmentin the Companyshouldbeindependently evaluatedand any personconsidering such an investment in the Companyis advisedto obtain independent advice as to the legal, tax, accounting, financial,credit and other related adviceprior to makinganinvestment. Anyopinionexpressedhereinis subjectto changewithout notice,and the Companyis under no obligationto updateor keepcurrent the information herein. TheCompanyacceptsno liability whatsoeverfor anylossor damageof anykind arisingout of the useof all or anypart of this presentation. Thispresentation includesforward-lookingstatements. Suchforward-lookingstatementsare basedon certainassumptionsand currentexpectationsand projectionsabout future eventsand trends that may affect theCompany’sbusinessand are not guaranteesof future performance. Investorsare cautionedthat any suchforward- lookingstatementsareandwill be,asthe casemaybe subjectto manyrisks,uncertaintiesandother unknownfactors,includingthoserelatingto the operations and businessof the Company. Theseand variousother factorsmayadverselyaffect the estimatesand assumptionson which theseforward-lookingstatements are based,many of which are beyondour control. Forward-lookingstatementsspeakonly as of the date on which they are made. TheCompanyexpressly disclaimsanyobligationor undertakingto updateor reviseanyforward-lookingstatement,whether asa result of new information,future eventsor otherwise. TheCompany’sindependentpublic auditors have neither examinednor compiled this presentationand, accordingly,do not provide any assurancewith respect to any information included herein. In light of the risks and uncertaintiesdescribedabove,the future events and circumstancesdiscussedin this presentationmight not occurand are not guaranteesof future performance. Neither this presentationnor anythingcontainedhereinshallform the basisof any contract or commitmentwhatsoever. Theinformation includedin this presentationmay not be reproducedor redistributed,passedon, or the contents otherwisedivulged,directlyor indirectly,to anyother personor publishedin wholeor in part for anypurposeor underanycircumstanceswithout theCompany’s prior written consent. Disclaimer 33