Earnings release
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© 2026 Grupo Comercial Chedraui. Todos los derechos reservados. GRUPO COMERCIAL CHEDRAUI, S.A.B. DE C.V. Third Quarter 2026 Financial Results
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1 Contact: Humberto Tafolla Núñez Jesús Arturo Velázquez Díaz Deputy General Manager Ticker symbol (BMV): IR and Financial Information Deputy Director Tel. + 52 (228) 8-42-11-10 CHDRAUI B Tel. + 52 (228) 8-42-11-17 htafolla@chedraui.com.mx avelazquez@chedraui.com.mx © 2026 Grupo Comercial Chedraui. Todos los derechos reservados. GRUPO COMERCIAL CHEDRAUI, S.A.B. DE C.V. THIRD QUARTER 2026 RESULTS Mexico City, October 27th, 2026. Grupo Comercial Chedraui, S.A.B. de C.V. reports its 2026 third- quarter results. All figures are shown in nominal terms and are presented in accordance with Financial Reporting Standards (IAS 34) for Interim Financial Reporting. 3Q'26 Highlights: ➢ Same Store Sales ( SSS) in Mexico in line with ANTAD, affected by a weak performance of the Southeast Region. ➢ Consolidated Gross Margin increased 53 basis points (bps), driven by efficiencies at the RCDC (Rancho Cucamonga Distribution Center) at Chedraui USA. ➢ Consolidated EBITDA margin increased 14 bps to 8.7%. o Chedraui Mexico's EBITDA margin stood at 9.8% compared to 9.9% in 3Q'25. o Chedraui USA EBITDA margin up 18 bps to 7.5%. ➢ Consolidated Net Income of $1,626 million pesos. ➢ Net cash multiple to EBITDA is -0.13x at the end of 3Q'26 vs. -0.03x in 3Q'25. ➢ Expansion in the consolidated sales floor in the last twelve months of 3.4%, while the sales floor in Chedraui Mexico grew 4.7%. ➢ Appreciation of the Mexican peso against the U.S. dollar with an impact on results of 6.2%.
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2 Contact: Humberto Tafolla Núñez Jesús Arturo Velázquez Díaz Deputy General Manager Ticker symbol (BMV): IR and Financial Information Deputy Director Tel. + 52 (228) 8-42-11-10 CHDRAUI B Tel. + 52 (228) 8-42-11-17 htafolla@chedraui.com.mx avelazquez@chedraui.com.mx © 2026 Grupo Comercial Chedraui. Todos los derechos reservados. Long-term trend: +360 bps bps Sustained Consolidated EBITDA Growth Net Debt (Cash) to EBITDA Ratio 3,923 Million 6,110 Million 0 1,000 2,000 3,000 4,000 5,000 6,000 7,000 3Q'21 3Q'22 3Q'23 3Q'24 3Q'25 3Q'26 9.3% 5-year CAGR 15,366 Million -3,197 Million 1.26x -0.13x -3,500 -1,500 500 2,500 4,500 6,500 8,500 10,500 12,500 14,500 -0.5 -0.3 -0.1 0.1 0.3 0.5 0.7 0.9 1.1 1.3 3Q'21 3Q'22 3Q'23 3Q'24 3Q'25 3Q'26 Net Debt (Cash) Net Debt (Cash) to EBITDA Double digit long-term growth rate for Net Income ROE increased 99 bps vs. 2021 ROE: Last Twelve Months Net Income/Average Stockholders’ Equity 896 Million 1,626 Million 0 200 400 600 800 1,000 1,200 1,400 1,600 1,800 2,000 3Q-21 3Q-22 3Q-23 3Q-24 3Q-25 3Q-26 12.7% 5-Years CAGR 11.0% 12.0% 5.5 6.5 7.5 8.5 9.5 10.5 11.5 12.5 3Q-21 3Q-26 +99 bps
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3 Contact: Humberto Tafolla Núñez Jesús Arturo Velázquez Díaz Deputy General Manager Ticker symbol (BMV): IR and Financial Information Deputy Director Tel. + 52 (228) 8-42-11-10 CHDRAUI B Tel. + 52 (228) 8-42-11-17 htafolla@chedraui.com.mx avelazquez@chedraui.com.mx © 2026 Grupo Comercial Chedraui. Todos los derechos reservados. Antonio Chedraui, Grupo Comercial Chedraui’s CEO, remarked: Our three strategic pillars: having the lowest price, the best assortment store by store, and the best shopping experience for our customers , continue to be the key factor s in navigating the challenging consumer environment we face in Mexico and the United States. In Mexico, the Southeast Region of the country continues to be affected by the slowdown in public and private investment, as well as by lower tourism activity, which was reflected in the result of our same-store sales (SSS) in the quarter. Although the performance in the Southeast Region was above ANTAD in the Self- Service sector, since it’s the most significant region for our operations, it impacted the total company SSS result. I want to recognize our employees for their dedication this quarter ; their effort in executing the cost containment strategy that we implemented in Mexico was effective in mitigating the loss of operating leverage. Thus, the EBITDA margin decreased by only 5 basis points (bps) compared to the same quarter of the previous year. In Chedraui USA, SSS remained soft, affected by a decrease in transactions, explained by a stricter immigration policy, the lower distribution of SNAP (Supplemental Nutrition Assistance Program) benefits, and consumer spending that is continuing to be impacted by high gasoline prices. Chedraui USA's EBITDA margin increased by 18 bps to 7.5%, benefiting from efficiencies in procurement, distribution costs in the RCDC, and operational efficiencies implemented in the organization. We reiterate our commitment to invest in Mexico and the United States in 2026. In this quarter, we opened a total of 22 Supercitos, three Chedraui stores, a Super Chedraui and an Arteli store in Mexico, while in the United States we opened an El Super store and a Fiesta store. We maintain the strength of our financial position, as a result of positive cash flow generation. Thus, in the first nine months of the year, the Net Debt (cash) to EBITDA ratio stood at -0.13x compared to -0.03x in the previous year.
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4 Contact: Humberto Tafolla Núñez Jesús Arturo Velázquez Díaz Deputy General Manager Ticker symbol (BMV): IR and Financial Information Deputy Director Tel. + 52 (228) 8-42-11-10 CHDRAUI B Tel. + 52 (228) 8-42-11-17 htafolla@chedraui.com.mx avelazquez@chedraui.com.mx © 2026 Grupo Comercial Chedraui. Todos los derechos reservados. THIRD QUARTER FINANCIAL RESULTS The following tables compare the Income Statement and other relevant financial data for the prior comparative quarters. MXN Million 3Q'25 % Net Sales 3Q'26 % Net Sales % Variance Consolidated Sales 71,768 100.0% 70,356 100.0% -2.0% Gross Profit 17,646 24.6% 17,673 25.1% 0.2% Operating Income 3,745 5.2% 3,718 5.3% -0.7% EBITDA 6,129 8.5% 6,110 8.7% -0.3% Net Income 1,646 2.3% 1,626 2.3% -1.2% Majority Net Income 1,621 2.3% 1,602 2.3% -1.2% EPS (Earnings per share) 1.68 1.66 -1.2% Number of outstanding shares (thousands) 963,917,211 963,917,211 EPS: Quarterly Net Majority Income / outstanding shares Consolidated Net Sales Consolidated sales for the third quarter of 2026 totaled $70,356 million pesos, a decrease of 2.0% compared to the same quarter of 2025. This result is mainly explained by the lower sales of Chedraui USA and by the exchange rate effect when consolidating the figures. The average exchange rate in 3Q'26 was $17.44, reflecting a 6.2% appreciation of the Mexican peso against the U.S. dollar compared to 3Q'25.
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5 Contact: Humberto Tafolla Núñez Jesús Arturo Velázquez Díaz Deputy General Manager Ticker symbol (BMV): IR and Financial Information Deputy Director Tel. + 52 (228) 8-42-11-10 CHDRAUI B Tel. + 52 (228) 8-42-11-17 htafolla@chedraui.com.mx avelazquez@chedraui.com.mx © 2026 Grupo Comercial Chedraui. Todos los derechos reservados. Quarterly Consolidated Sales (Million Pesos) Chedraui Mexico: SSS for the quarter decreased 0.7% compared to 3Q'25, showing a performance similar to that of ANTAD. This result is a reflection of a consumption environment in Mexico that continues to be weaker than expected, particularly in the Southeast Region of the country, which continues to suffer the effects of the lack of investment in the region and a significant slowdown in tourism, which has the greatest weight on our sales. It’s important to note that SSS were higher than that of ANTAD in the Central, Metropolitan, Southwest, Southeast, and North regions. By format, SSS growth at Supercito stands out, growing above the mid-single-digit level. The SSS result for the third quarter reflects a 1.1% increase in average sales ticket and a 1.8% decline in the number of transactions compared to 3Q'25, mainly due to fewer transactions in the Southeast Region. 71,768 Million 70,356 Million 0 10,000 20,000 30,000 40,000 50,000 60,000 70,000 -2.0% 3Q-263Q-25
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6 Contact: Humberto Tafolla Núñez Jesús Arturo Velázquez Díaz Deputy General Manager Ticker symbol (BMV): IR and Financial Information Deputy Director Tel. + 52 (228) 8-42-11-10 CHDRAUI B Tel. + 52 (228) 8-42-11-17 htafolla@chedraui.com.mx avelazquez@chedraui.com.mx © 2026 Grupo Comercial Chedraui. Todos los derechos reservados. Same-Store Sales (Percentage) In the third quarter of 2026 , Chedraui Mexico's sales grew to $35,733 million pesos, a 4.6% increase compared to the third quarter of 2025. This result is explained by a 4.7% increase in the sales floor during the same period. Quarterly Sales – Chedraui Mexico (Million Pesos) 1.0 1.4 1.4 -0.1 -0.6 2.8 3.0 2.1 1.3 -0.7-1.0 -0.5 0.0 0.5 1.0 1.5 2.0 2.5 3.0 3.5 3Q-25 4Q-25 1Q-26 2Q-26 3Q-27 ANTAD CHEDRAUI 34,162 Million 35,733 Million 0 5,000 10,000 15,000 20,000 25,000 30,000 35,000 40,000 +4.6% 3Q-263Q-25
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7 Contact: Humberto Tafolla Núñez Jesús Arturo Velázquez Díaz Deputy General Manager Ticker symbol (BMV): IR and Financial Information Deputy Director Tel. + 52 (228) 8-42-11-10 CHDRAUI B Tel. + 52 (228) 8-42-11-17 htafolla@chedraui.com.mx avelazquez@chedraui.com.mx © 2026 Grupo Comercial Chedraui. Todos los derechos reservados. Chedraui USA: In 3Q’26, SSS declined by 2.0% in U.S. dollars compared to 3Q'25, mainly due to the El Super and Fiesta formats experiencing fewer transactions as a result of stricter immigration enforcement in the United States, softer consumer trends due to higher fuel prices, and a reduction in the amount of Supplemental Nutrition Assistance Program (SNAP) benefits distributed this quarter. Smart & Final SSS were positive for the quarter in U.S. dollars terms, increasing by 0.1%. The result was due to growth in the average sales ticket and stability in the transaction count, with especially strong performance from its small business customers in the quarter . The prior, partially offset soft SSS at El Super and Fiesta Mart. Chedraui USA's total sales in U .S. dollars decreased 1.8%, mainly due to a decline in the number of transactions in the Hispanic formats . In Mexican pesos, sales declined by 7.9% compared to the same quarter of 2025, totaling $34,624 million pesos, largely due to the adverse impact from the Mexican peso’s 6.2% appreciation against the U.S. dollar compared to the 3Q'25. Quarterly Sales – Chedraui USA (Million Pesos) 37,606 Million 34,624 Million 0 5,000 10,000 15,000 20,000 25,000 30,000 35,000 40,000 3Q-25 3Q-26 -7.9% Smart & Final El Super and Fiesta
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8 Contact: Humberto Tafolla Núñez Jesús Arturo Velázquez Díaz Deputy General Manager Ticker symbol (BMV): IR and Financial Information Deputy Director Tel. + 52 (228) 8-42-11-10 CHDRAUI B Tel. + 52 (228) 8-42-11-17 htafolla@chedraui.com.mx avelazquez@chedraui.com.mx © 2026 Grupo Comercial Chedraui. Todos los derechos reservados. Consolidated Sales Quarter MXN in Million 3Q’25 3Q’26 Variance % Chedraui Mexico 34,162 35,733 4.6% Chedraui USA 37,606 34,624 -7.9% CONSOLIDATED 71,768 70,356 -2.0% Gross Profit Consolidated gross profit increased 0.2% compared to the third quarter of 2025 and amounted to $17,673 million pesos. Gross margin increased 53 bps to 2 5.1%, this is explained by a slight improvement in the gross margin in Mexico due to efficient management in promotions and inventory, and in the United States, due to the efficiencies achieved in RCDC operations, and improved conditions with suppliers, which offset the higher costs in logistics due to the increase in fuel prices. Operating Expenses Operating expenses (excluding depreciation and amortization) increased 0.4% compared to 3Q'25, amounting to $1 1,563 million pesos, which represents 16.4% of consolidated sales. The result is mainly explained by the effect of the appreciation of the Mexican peso when consolidating the results of Chedraui USA's operations and by expense control programs in both countries to offset higher labor costs. EBITDA In 3Q’26, consolidated EBITDA amounted to $6,110 million pesos, a 0.3% decline compared to the third quarter of 2025, and consolidated EBITDA margin increased by 14 bps to 8.7% compared to the same quarter of the previous year.
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9 Contact: Humberto Tafolla Núñez Jesús Arturo Velázquez Díaz Deputy General Manager Ticker symbol (BMV): IR and Financial Information Deputy Director Tel. + 52 (228) 8-42-11-10 CHDRAUI B Tel. + 52 (228) 8-42-11-17 htafolla@chedraui.com.mx avelazquez@chedraui.com.mx © 2026 Grupo Comercial Chedraui. Todos los derechos reservados. Consolidated Quarterly EBITDA (Million Pesos) Chedraui Mexico: In the 3Q’26 EBITDA totaled $3,519 million pesos and grew 4.1% compared to 3Q'25. The EBITDA margin of 9. 8% declines by 5 bps compared to the 9.9% in the same quarter of the previous year. This result is explained by improved management in promotions and inventories, and expense control initiatives, which have offset higher labor costs in Mexico. Quarterly EBITDA – Chedraui Mexico (Million Pesos) 6,129 Million 6,110 Million 8.5% 8.7% 0 1,000 2,000 3,000 4,000 5,000 6,000 3Q-25 3Q-26 7.0 7.2 7.4 7.6 7.8 8.0 8.2 8.4 8.6 8.8 9.0 Consolidated EBITDA EBITDA Margin 3,381 Million 3,519 Million 9.9% 9.8% 0 500 1,000 1,500 2,000 2,500 3,000 3,500 3Q-25 3Q-26 6.0 6.5 7.0 7.5 8.0 8.5 9.0 9.5 10.0 EBITDA EBITDA Margin +4.1% -0.3%
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10 Contact: Humberto Tafolla Núñez Jesús Arturo Velázquez Díaz Deputy General Manager Ticker symbol (BMV): IR and Financial Information Deputy Director Tel. + 52 (228) 8-42-11-10 CHDRAUI B Tel. + 52 (228) 8-42-11-17 htafolla@chedraui.com.mx avelazquez@chedraui.com.mx © 2026 Grupo Comercial Chedraui. Todos los derechos reservados. Chedraui USA: Chedraui USA's EBITDA in the quarter in USD came in slightly lower compared to the same quarter of 2025, while in Mexican pesos it declined by 5.7% and stood at $2,591 million pesos, affected by the exchange rate appreciation mentioned above. The EBITDA margin of 7.5% increased 18 bps compared to 3Q'25. This result is explained by cost efficiencies gained at RCDC and by the cost control measures implemented to compensate for the loss of operating leverage. El Super and Fiesta Mart posted a decline in EBITDA compared to 3Q'25, explained by the loss of operating leverage due to the slowdown in sales experienced in the quarter. EBITDA margin stood at 7.9% in the third quarter of 2026. Smart & Final grew EBITDA by 1.4% in Mexican pesos compared to 3Q'25, with an EBITDA margin of 7.1%, 55 bps higher than the same quarter of 2025. The result is explained by RCDC providing a more cost-efficient distribution network for Smart & Final and a more efficient expense structure. Quarterly EBITDA – Chedraui USA (Million Pesos) 1,438 1,263 1,310 1,328 7.3% 7.5% 5.0 5.5 6.0 6.5 7.0 7.5 8.0 0 500 1,000 1,500 2,000 2,500 3,000 3Q-25 3Q-26EBITDA Margin Smart & Final El Super and Fiesta -5.7% 2,591 Million2,748 Million
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11 Contact: Humberto Tafolla Núñez Jesús Arturo Velázquez Díaz Deputy General Manager Ticker symbol (BMV): IR and Financial Information Deputy Director Tel. + 52 (228) 8-42-11-10 CHDRAUI B Tel. + 52 (228) 8-42-11-17 htafolla@chedraui.com.mx avelazquez@chedraui.com.mx © 2026 Grupo Comercial Chedraui. Todos los derechos reservados. EBITDA Quarter MXN in million 3Q’25 % Net Sales 3Q’26 % Net Sales Variance % Chedraui México 3,381 9.9% 3,519 9.8% 4.1% Chedraui USA 2,748 7.3% 2,591 7.5% -5.7% Smart & Final 1,310 6.6% 1,328 7.1% 1.4% El Super & Fiesta Mart 1,438 8.1% 1,263 7.9% -12.2% CONSOLIDADO 6,129 8.5% 6,110 8.7% -0.3% Financial Expenses In the third quarter of 2026, financial costs of $1,375 million pesos increased 1.7% compared to 3Q’25. This is explained by a decline in financial income from Mexico's cash position due to lower interest rates, higher financial costs derived from the increase in the number of leased stores and distribution centers, offset by the lower interest paid on the lower debt levels in the United States. Net Income Consolidated Net Income for the quarter amounted to $1,626 million pesos, a 1.2% decline compared to the same quarter of 2025 , and represents 2. 3% of consolidated sales , similar to 3Q'25. Financing As of September 30th, 2026, the Company reported net cash of $3,197 million pesos, comprised of $6,364 million pesos in short - and long -term debt, and $9,561 million pesos in cash and temporary investments. It is relevant to note that bank debt of US$356.7 million at the end of the third quarter of 2026 comes from Chedraui USA's operations , and decreased by US$127.2 million, or 26.3%, in USD compared to the US$483.9 million reported as of 3Q’25, due to debt repayments.
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12 Contact: Humberto Tafolla Núñez Jesús Arturo Velázquez Díaz Deputy General Manager Ticker symbol (BMV): IR and Financial Information Deputy Director Tel. + 52 (228) 8-42-11-10 CHDRAUI B Tel. + 52 (228) 8-42-11-17 htafolla@chedraui.com.mx avelazquez@chedraui.com.mx © 2026 Grupo Comercial Chedraui. Todos los derechos reservados. With these figures, the net debt (cash) to EBITDA ratio in the last twelve months closed at -0.13x compared to -0.03x in the third quarter of 2025. Quarterly Net (cash) Debt to EBITDA During the first nine months of 2026, accumulated CAPEX amounted to $7,285 million pesos and is 24.3% higher than the $5,860 million pesos in the same period of 2025, representing 3. 4% of consolidated sales. -743 Million -3,197 Million -0.03x -0.13x -8,000 -7,000 -6,000 -5,000 -4,000 -3,000 -2,000 -1,000 - 1,000 -0.3 -0.2 -0.1 0.0 0.1 0.2 3Q-25 4Q-25 1Q-26 2Q-26 3Q-26 Net (Cash) Debt Net (Cash) Debt to EBITDA
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13 Contact: Humberto Tafolla Núñez Jesús Arturo Velázquez Díaz Deputy General Manager Ticker symbol (BMV): IR and Financial Information Deputy Director Tel. + 52 (228) 8-42-11-10 CHDRAUI B Tel. + 52 (228) 8-42-11-17 htafolla@chedraui.com.mx avelazquez@chedraui.com.mx © 2026 Grupo Comercial Chedraui. Todos los derechos reservados. Infrastructure information by Business Unit Infrastructure (M2 sales floor) 3Q’25 Net variance last 12 months 3Q’26 Variance % Chedraui Mexico 1,680,176 79,129 1,759,305 4.7% Chedraui USA 853,293 7,582 860,875 0.9% CONSOLIDATED 2,533,469 86,711 2,620,180 3.4% Additional Information: Other Relevant Information • In Mexico, we continue to increase e-commerce sales penetration among our customers. In 3Q'26 we improved our share by 57 bps from 3.8% in 3Q'25 to 4.4% in this quarter . This is explained by positive management of sales of our own channels, as well as those of third parties, in particular, the positive performance of Rappi Turbo, thus covering the different consumption needs of our customers. • At Chedraui USA, e-commerce sales accounted for 3.7% of sales in 3Q'26, up 54 bps compared to 3.2% in 3Q'25. ESG Information 1. Fundación Chedraui and Nestlé Mexico strengthen ecological restoration in the state of Veracruz through aerial reforestation with drones in the municipality of Las Vigas de Ramírez. This initiative will allow the recovery of about 150 hectares of degraded forests in 2026. The objective of this program is to accelerate the regeneration of affected areas, especially in lands where human access is complex . Since traditional brigades face greater operational limitations, the technology used allows native seeds to be dispersed through devices coupled to drones. The project also integrates the participation of the Ejido Las Vigas and local authorities, a key condition to ensure monitoring, care of the territory, and permanence of these conservation efforts.
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14 Contact: Humberto Tafolla Núñez Jesús Arturo Velázquez Díaz Deputy General Manager Ticker symbol (BMV): IR and Financial Information Deputy Director Tel. + 52 (228) 8-42-11-10 CHDRAUI B Tel. + 52 (228) 8-42-11-17 htafolla@chedraui.com.mx avelazquez@chedraui.com.mx © 2026 Grupo Comercial Chedraui. Todos los derechos reservados. About Grupo Comercial Chedraui Grupo Comercial Chedraui S.A.B. de C.V. trades on the Mexican Stock Exchange under the ticker symbol “CHDRAUIB”; the Company as of September 30th, 2026, operated the following stores: México Stores 224 Store Formats Tiendas Chedraui (37 Selecto) 84 Super Chedraui (13 Selecto) 7 Súper Che 401 Supercito (12 Selecto) 39 Tiendas Arteli Total Mexico 755 United States 72 El Súper 61 Fiesta 253 Smart & Final Total United States 386 Total 1,141 Stores through JV 17 Smart & Final de México
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15 Contact: Humberto Tafolla Núñez Jesús Arturo Velázquez Díaz Deputy General Manager Ticker symbol (BMV): IR and Financial Information Deputy Director Tel. + 52 (228) 8-42-11-10 CHDRAUI B Tel. + 52 (228) 8-42-11-17 htafolla@chedraui.com.mx avelazquez@chedraui.com.mx © 2026 Grupo Comercial Chedraui. Todos los derechos reservados. Conference Call Information Date Wednesday, October 28th, 2026 11:00 am (EST) 9:00 am (Mexico City CT) Conference Call Operator-assisted US toll-free dial-in number: +1 877 407 3982 Operator-assisted Mexico toll-free dial-in number: 01 800 522 0034 Operator-assisted international toll free: +1 201 493 6780 https://callme.viavid.com/viavid/?callme=true&passcode=13731734&h=true&info=company&r= true&B=6 Webcast https://viavid.webcasts.com/starthere.jsp?ei=1769414&tp_key=17e5fdab19
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16 Contact: Humberto Tafolla Núñez Jesús Arturo Velázquez Díaz Deputy General Manager Ticker symbol (BMV): IR and Financial Information Deputy Director Tel. + 52 (228) 8-42-11-10 CHDRAUI B Tel. + 52 (228) 8-42-11-17 htafolla@chedraui.com.mx avelazquez@chedraui.com.mx © 2026 Grupo Comercial Chedraui. Todos los derechos reservados. Grupo Comercial Chedraui, S.A.B. de C.V. Consolidated Quarter Income Statements (Figures in millions of mexican pesos) Q3-2025 % Sales Q3-2026 % Sales Growth % Sales 71,768 100.0% 70,356 100.0% -2.0% Cost of Sales 54,122 75.4% 52,683 74.9% -2.7% Gross Profit 17,646 24.6% 17,673 25.1% 0.2% Operating expenses 11,517 16.0% 11,563 16.4% 0.4% Depreciation and Amortization 2,383 3.3% 2,392 3.4% 0.4% Operating Income 3,745 5.2% 3,718 5.3% -0.7% Ebitda 6,129 8.5% 6,110 8.7% -0.3% Financial cost 1,352 1.9% 1,375 2.0% 1.7% Income from associates and JV 24 0.0% 34 0.0% 39.3% Income Before Taxes 2,418 3.4% 2,377 3.4% -1.7% Income Taxes 771 1.1% 751 1.1% -2.6% Consolidated Net Income 1,646 2.3% 1,626 2.3% -1.2%
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17 Contact: Humberto Tafolla Núñez Jesús Arturo Velázquez Díaz Deputy General Manager Ticker symbol (BMV): IR and Financial Information Deputy Director Tel. + 52 (228) 8-42-11-10 CHDRAUI B Tel. + 52 (228) 8-42-11-17 htafolla@chedraui.com.mx avelazquez@chedraui.com.mx © 2026 Grupo Comercial Chedraui. Todos los derechos reservados. Grupo Comercial Chedraui, S.A.B. de C.V. Consolidated Income Statements (Figures in millions of mexican pesos) 9M-2025 % Sales 9M-2026 % Sales Growth % Sales 220,093 100.0% 211,187 100.0% -4.0% Cost of Sales 167,177 76.0% 158,921 75.3% -4.9% Gross Profit 52,916 24.0% 52,267 24.7% -1.2% Operating expenses 33,980 15.4% 33,730 16.0% -0.7% Depreciation and Amortization 7,241 3.3% 7,121 3.4% -1.7% Operating Income 11,695 5.3% 11,415 5.4% -2.4% Ebitda 18,936 8.6% 18,536 8.8% -2.1% Financial cost 4,081 1.9% 4,160 2.0% 1.9% Income from associates and JV 81 0.0% 82 0.0% 1.8% Income Before Taxes 7,695 3.5% 7,337 3.5% -4.6% Income Taxes 2,419 1.1% 2,303 1.1% -4.8% Consolidated Net Income 5,276 2.4% 5,034 2.4% -4.6%
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18 Contact: Humberto Tafolla Núñez Jesús Arturo Velázquez Díaz Deputy General Manager Ticker symbol (BMV): IR and Financial Information Deputy Director Tel. + 52 (228) 8-42-11-10 CHDRAUI B Tel. + 52 (228) 8-42-11-17 htafolla@chedraui.com.mx avelazquez@chedraui.com.mx © 2026 Grupo Comercial Chedraui. Todos los derechos reservados. GRUPO COMERCIAL CHEDRAUI, S. A. B. DE C. V. Y SUBSIDIARIAS CONSOLIDATED BALANCE SHEETS AS OF SEPTEMBER 30, 2026, 2025 (Figures in thousands of mexican pesos) September 2025 % September 2026 % Assets Current assets Cash and cash equivalents 9,638,014 9,560,983 -77,031 -0.8 Trade accounts receivables 135,240 238,327 103,086 76.2 Other currents receivable 1,804,296 1,558,859 -245,437 -13.6 Current tax assets, current 5,023,542 4,997,962 -25,580 -0.5 Current inventories 23,527,624 23,197,608 -330,016 -1.4 Other current non-financial assets 1,513,837 1,967,496 453,659 30.0 Total current assets 41,642,554 26.8% 41,521,235 26.4% -121,319 -0.3 Non-current assets Other non-current financial assets 481,674 402,228 -79,446 -16.5 Investments in subsidiaries, joint ventures and associates 1,029,861 968,247 -61,614 -6.0 Property, plant and equipment 51,965,377 55,206,344 3,240,967 6.2 Investment property 7,557,190 7,791,368 234,178 3.1 Right-of-use assets that do not meet definition of investment property 41,164,066 39,947,150 -1,216,916 -3.0 Goodwill 5,583,055 5,445,651 -137,404 -2.5 Intangible assets other than goodwill 3,923,279 3,825,736 -97,543 -2.5 Deferred tax assets 462,190 676,787 214,597 46.4 Other non-current non-financial assets 1,794,498 1,535,487 -259,011 -14.4 Financial derivative instrument 16,958 40,244 23,286 137.3 Total non-current assets 113,978,149 73.2% 115,839,243 73.6% 1,861,094 1.6 Total assets 155,620,703 100.0% 157,360,478 100.0% 1,739,775 1.1 Equity and liabilities Liabilities Current liabilities Trade accounts payable 27,239,522 27,699,768 460,247 1.7 Other short-term accounts payable 8,581,395 8,585,100 3,705 0.0 Current tax liabilities, current 620,222 415,524 -204,697 -33.0 Short-term bank debt 1,541,908 1,011,287 -530,621 -34.4 Other current financial liabilities 30,820 28,082 -2,738 -8.9 Current lease liabilities 2,626,869 3,162,828 535,959 20.4 Other current non-financial liabilities 57,960 85,018 27,058 46.7 Current provisions Current provisions for employee benefits 2,044,406 2,143,711 99,305 4.9 Other current provisions 764,201 1,049,758 285,557 37.4 Total current provisions 2,808,607 3,193,469 384,862 13.7 Total current liabilities 43,507,302 28.0% 44,181,076 28.1% 673,774 1.5 Non-current liabilities Long Term Bank debt 7,353,000 5,352,390 -2,000,610 -27.2 Other non-current financial liabilities 2,827,195 3,077,543 250,348 8.9 Non-current lease liabilities 47,033,289 46,059,115 -974,174 -2.1 Other non-current non-financial liabilities 69,686 61,862 -7,823 -11.2 Non-current provisions Non-current provisions for employee benefits 1,610,650 2,208,809 598,159 37.1 Total non-current provisions 1,610,650 2,208,809 598,159 37.1 Deferred tax liabilities 1,521,768 1,304,857 -216,911 -14.3 Total non-current liabilities 60,415,587 38.8% 58,064,576 36.9% -2,351,011 -3.9 Total liabilities 103,922,889 66.8% 102,245,652 65.0% -1,677,236 -1.6 Equity Issued capital 252,119 252,119 0 0.0 Share premium 4,023,741 4,022,510 -1,231 -0.0 Treasury shares 434,018 595,323 161,305 37.2 Retained earnings 45,426,996 50,595,733 5,168,737 11.4 Other reserves 1,672,205 52,601 -1,619,604 -96.9 Total equity attributable to owners of parent 50,941,043 32.7% 54,327,640 34.5% 3,386,597 6.6 Non-controlling interests 756,771 0.5% 787,186 0.5% 30,415 4.0 Total equity 51,697,814 33.2% 55,114,826 35.0% 3,417,012 6.6 Total equity and liabilities 155,620,703 100.0% 157,360,478 100.0% 1,739,775 1.1 Differences $ %
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19 Contact: Humberto Tafolla Núñez Jesús Arturo Velázquez Díaz Deputy General Manager Ticker symbol (BMV): IR and Financial Information Deputy Director Tel. + 52 (228) 8-42-11-10 CHDRAUI B Tel. + 52 (228) 8-42-11-17 htafolla@chedraui.com.mx avelazquez@chedraui.com.mx © 2026 Grupo Comercial Chedraui. Todos los derechos reservados. GRUPO COMERCIAL CHEDRAUI, S. A. B. DE C. V. Y SUBSIDIARIAS CONSOLIDATED STATEMENTS OF CASH FLOWS FOR THE PERIODS ENDED SEPTEMBER 30, 2026 AND 2025 FIGURES IN THOUSANDS OF PESOS September 2025 September 2026 Cash flows from (used in) operating activities Profit (loss) 5,275,882 5,034,030 Adjustments to reconcile profit (loss) + Adjustments for income tax expense 2,418,934 2,303,291 + (-) Adjustments for finance costs 2,261,144 2,306,560 + Adjustments for depreciation and amortisation expense 7,241,435 7,120,703 + (-) Adjustments for unrealised foreign exchange losses (gains) -118,846 12,951 + (-) Adjustments for losses (gains) on disposal of non-current assets -58,361 526,822 + (-) Participation in associates and joint ventures -80,933 -82,419 + (-) Adjustments for decrease (increase) in inventories -124,858 173,842 + (-) Adjustments for decrease (increase) in trade accounts receivable 158,536 182,538 + (-) Adjustments for decrease (increase) in other operating receivables -2,500,686 -2,095,118 + (-) Adjustments for increase (decrease) in trade accounts payable -6,120,737 -6,013,780 + (-) Adjustments for increase (decrease) in other operating payables -564,917 -124,920 + Other adjustments for non-cash items 136,064 895,991 Total adjustments to reconcile profit (loss) 2,646,775 5,206,461 Net cash flows from (used in) operations 7,922,657 10,240,491 Dividends received, classified as operating activities 1,950 157,494 Net cash flows from (used in) operating activities 7,924,607 10,397,985 Cash flows from (used in) investing activities + Proceeds from sales of property, plant and equipment 35,869 -361,445 - Purchase of property, plant and equipment -5,672,325 -7,058,784 - Purchase of intangible assets -187,625 -225,847 + Interest received 532,305 375,140 Net cash flows from (used in) investing activities -5,291,776 -7,270,936 Cash flows from (used in) financing activities - Payments to acquire or redeem entity's shares -95,235 -46,468 - Payments of other equity instruments -63,122 1,526 + Proceeds from borrowings 631,974 484,969 - Repayments of borrowings -196,656 -1,784,130 - Payments of lease liabilities -1,896,757 -1,936,869 - Dividends paid -2,143,396 -2,228,598 - Interest paid -2,793,449 -2,681,700 Net cash flows from (used in) financing activities -6,556,641 -8,191,270 Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes -3,923,810 -5,064,221 Effect of exchange rate changes on cash and cash equivalents Effect of exchange rate changes on cash and cash equivalents -95,659 -14,959 Net increase (decrease) in cash and cash equivalents -4,019,469 -5,079,180 Cash and cash equivalents at beginning of period 13,657,483 14,640,162 Cash and cash equivalents at end of period 9,638,014 9,560,982
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20 Contact: Humberto Tafolla Núñez Deputy General Manager Tel. +52 (228) 8 42 11 00 htafolla@chedraui.com.mx Clave de Cotización: CHDRAUI B Jesús Arturo Velázquez Díaz IR and Financial Information Deputy Director Tel. +52 (228) 8 42 11 17 avelazquez@chedraui.com.mx © 2026 Grupo Comercial Chedraui. Todos los derechos reservados. GRUPO COMERCIAL CHEDRAUI, S.A.B. DE C.V. Statement of changes in Stockholders' Equity In Thousands of Pesos Social Capital Premium on share issuance Shares held in treasury Accumulated net income Conversion effect Changes in the value of future contracts New measurments defined for benefit plans Other accumulated results Majority stockholders' equity Minority participation Stockholders' Equity Stockholders' Equity (December 31, 2025) 252,120 4,022,509 548,855 47,878,727 317,126 4,915 275,115- 46,926 51,651,427 697,231 52,348,658 Change in Stockholders' Equity Integrated Results Net Income (Loss) 0 0 0 4,943,246 0 - 0 0 4,943,246 90,784 5,034,030 Other Results 0 0 0 0 -30,197 21,715 14,157 5,675 5,675 903 6,578 Total Integrated Results 0 0 0 4,943,246 -30,197 21,715 14,157 5,675 4,948,921 91,687 5,040,608 Increase in Social Capital 0 0 0 0 0 0 0 0 0 0 0 Dividends Paid 0 0 0 2,228,598 0 0 0 0 2,228,598 0 2,228,598 Incrementos (disminuciones) por otros cambios 0 0 0 0 0 0 0 0 0 0 0 Increase (reduction) of transactions with company shares 0 0 46,468 0 0 0 0 0 -46,468 0 -46,468 Increase (decrease) in changes in the participation of subsidiaries without company control 0 0 0 2,356 0 0 0 0 2,356 -1,733 623 Total Increase (Loss) in Stockholders' Equity 0 0 46,468 2,717,004 -30,197 21,715 14,157 5,675 2,676,211 89,954 2,766,165 Stockholders' Equity as of September 30, 2026 252,120 4,022,509 595,323 50,595,731 286,929 26,630 -260,958 52,601 54,327,638 787,185 55,114,823 Stockholders' Equity Main Components