#1SEVEN&I HOLDINGS Q1 FY2022 Financial Results Presentation July 8, 2021 Seven & i Holdings Co., Ltd. Director, Senior Executive Officer Copyright (C) 2021 Seven & i Holdings Co., Ltd. All Rights Reserved. Junro Ito 1#2YOY Change in Existing Store Sales (Figures for July are preliminary estimates) SEVEN&I HOLDINGS 120 (%) Convenience store 110 100 140 (%) Superstore 120 100 90 80 Seven Eleven Japan -7-Eleven, Inc. -Ito-Yokado (incl. tenants) -Ito-Yokado (food) -York-Benimaru *Broken lines indicate comparison with two years earlier *Broken lines indicate comparison with two years earlier 80 60 Jan Mar May Jul Sep Nov 2020 Jan Mar 2021 May Jan 2020 Mar May Jul Sep Nov Jan Mar May 2021 200 (%) 200 150 Department store / Specialty store EC (%) 150 100 100 ECM 50 50 Sogo & Seibu Denny's 0 Jan 2020 *Broken lines indicate comparison with two years earlier Mar May Jul Sep Nov 0 Jan 2021 Mar -IY Net supermarket (online super market) -IY online - *Broken lines indicate comparison with two years earlier May Jan Mar May Jul 2020 Copyright (C) 2021 Seven & i Holdings Co., Ltd. All Rights Reserved. Sep Nov Jan Mar May 2021 2#3Q1 Consolidated Financial Results Highlights FY2021 FY2022 YOY (Billions of yen, %) Variance vs FY2020 Group's total salesk 2,660.7 2,871.4 107.9 +210.7 99.2 Revenues from operations 1,391.8 1,555.3 111.8 +163.5 97.4 Operating income 71.3 77.5 108.6 +6.1 85.8 Net income attributable to 13.9 43.0 308.7 +29.0 82.6 owners of parent EBITDA (Operating income + Depreciation and amortization + Amortization of goodwill) 136.1 145.6 107.0 +9.5 95.9 *Group's total sales include the sales of Seven-Eleven Japan, Seven-Eleven Okinawa and 7-Eleven, Inc. franchisees. Q1 exchange rate: 1USD = 106.09 JPY, 1CNY = 16.38 JPY Copyright (C) 2021 Seven & i Holdings Co., Ltd. All Rights Reserved. SEVEN&I HOLDINGS 3#4Q1 YOY Change by Business Segment Revenues from operations Operating income (Billions of yen) (Billions of yen) FY2021 1,391.8 FY2021 71.3 Domestic CVS +13.5 Domestic CVS +8.6 Overseas CVS Superstore Department store +75.2 Overseas CVS +0.86 +23.3 Superstore (4.5) Department +35.2 (0.94) store Financial services Financial (0.24) (1.0) services Specialty store Others Eliminations +14.4 Specialty store +4.3 +1.9 Others +1.7 Eliminations +0.0 (2.9) /corporate /corporate FY2022 1,555.3 FY2022 77.5 Note: Excluding financial results of Speedway Copyright (C) 2021 Seven & i Holdings Co., Ltd. All Rights Reserved. SEVEN&I HOLDINGS 4#5Domestic CVS Operations: Seven-Eleven Japan (1) YOY Change of operating income (Billions of yen) (0.8) GPM (1.5) +10.5 SG&A (%) +0.5 Existing store sales growth & GPM (Figures on June are preliminary estimates) Change in GPM (left) -O-Existing store sales growth (right) *Broken lines indicate comparison with two years earlier +3.3 SEVEN&I HOLDINGS (%) +5.0 52.2 Sales FY2021 2 +\8.1 B expenses 60.3 FY2022 +0.7 (0.1) (0.1) (0.1) (0.2) (0.2) ±0.0 ±0.0 (0.3) (1.4) (1.5) (1.5) (2.0) EBITDA* (YOY/variance) ¥79.4 B (4.6) 111.8% +\8.3 B (0.5) (5.0) 1Q FY2021 2Q 3Q 4Q 1Q FY2022 Jun *Operating income + Depreciation and amortization Copyright (C) 2021 Seven & i Holdings Co., Ltd. All Rights Reserved. 5 LO#6Domestic CVS Operations: Seven-Eleven Japan (2) 17380 (%) Average spending per customer -Sales -No. of customers -Average spending per customer 150 (%) Sales by merchandise category Seven Premium delicatessen Frozen foods Wine & liquor Counter products 115 100 85 125 100 75 SEVEN&I HOLDINGS *Broken lines indicate comparison with two years earlier *Broken lines indicate comparison with two years earlier 70 50 Jan Mar May Jul Sep Nov 2020 Jan Mar May 2021 Jan Mar May Jul Sep Nov 2020 Jan Mar May 2021 Decrease in stores Growing need for home- visited per shopping trip Accelerating shift to smaller commercial areas cooking products Growth in food Diversifying usage Increase in bulk buying ingredients (vegetables, fruits, etc.) Copyright (C) 2021 Seven & i Holdings Co., Ltd. All Rights Reserved. 6#7Domestic CVS Operations: Seven-Eleven Japan (3) Changes in purchasing behavior Location-specific Layout tailored to product assortment DAISO products sales test verification merchandise assortment Changes in 7-Eleven patronage Previous Food-centered purchasing YOY change in household goods at 20 pilot stores 145 -20 pilot stores (%) 130 -Average in West Kanagawa zone Health-/safety-conscious 115 Foods Demand for home-cooking Post- COVID 100 Demand for fresh food 85 Nov Jan 2021 Feb Mar Apr May Assortment of household goods Expand merchandise assortment DAISO products sales test (From Dec 2020) Shonan area* with At 64 stores in 3 or 5 gondola shelves Sales growth for household, recreational, and cleaning products Address demand for one-stop shopping *As of May 2021 Copyright (C) 2021 Seven & i Holdings Co., Ltd. All Rights Reserved. SEVEN&I HOLDINGS 7#8Domestic CVS Operations: Seven-Eleven Japan (4) 120 (%) 110 100 Sales by store location East Tokyo -West Tokyo *Broken lines indicate comparison with two years earlier A Deepen optimization of sales floor to the commercial areas Stores in residential areas and suburbs SEVEN&I HOLDINGS Stores located at business sites New layout 2020 changes in Verification of commercial areas As of the end of FY2021 Approx. 5,000 Approx. 680 Q1 FY2022 Approx. 6,000 Approx. 960 90 As of the end of FY2022 (planned) Approx. 12,000 Approx. 1,500 80 Jan Mar May Jul Sep Nov Jan Mar May 2020 2021 Address the fact that stores at business sites are used like those in residential areas Copyright (C) 2021 Seven & i Holdings Co., Ltd. All Rights Reserved. 8#9Domestic CVS Operations: Seven-Eleven Japan (5) 1333 55 (%) 108.6 Q1 YOY SG&A expenses -Advertising expenses -Salaries & wages -Land & building rent -Depreciation & amortization -O-SG&A expenses total Cost restructuring at head office (from 2nd half of FY2020) Accounting restructuring - Systematize operations (go paperless) - Internalization of outsourced operations - Consolidate district Store development personnel optimization - Optimize personnel through reassignments SEVEN&I HOLDINGS Property rental fee optimization - Close unprofitable stores - Continue rent negotiations (consider balance between sales and rent) 100 101.2 district offices Benefits of accounting reforms (main improvements) Improved productivity of accounting operations Reduced delivery of administrative records Internalization of outsourced operations 2021 2022 Reduced floor space of district offices *Broken lines indicate comparison with two years earlier 65 (FY) 2017 2018 2019 2020 FY2021 Approx. ¥(1.0)B (vs. FY2019) Total SG&A expenses lower than FY2020 Steady progress in cost restructuring Copyright (C) 2021 Seven & i Holdings Co., Ltd. All Rights Reserved. 9#10Domestic CVS Operations: Seven-Eleven Japan (6) 115 (%) Income YOY in franchised stores Income (Monthly amount) -O-Income YOY 1,400 112.3 (Thousand yen) 105 102.6 102.3 102.4 101.8 100.6 95 95 100.2 1,200 Targeting sustainable growth Strengthening ties between franchisees and head office Royalties revision FY2021 COVID support measures Strengthened communication with franchisees SEVEN&I HOLDINGS Food loss reduction (Ethical PJ, extend long-lasting freshness) Improve efficiency of store operations (introduction of self-checkout, etc.) Expansion strategy to increase franchisees' profits Increase sales (promote location-specific measures) Deepen store counseling 1,000 1% reduction in royalties New layouts FY2022 Royalties revision Address last-mile needs (expand online convenience store offerings) Improve efficiency of store operations (using IT) 85 800 (FY) 2016 2017 2018 2019 2020 2021 2022 1Q Implement effective sales promotions ESG (environmentally friendly stores) Shift focus to aggressive support to increase sales and gross profit and thus achieve bottom-line growth * FY2020 figures include COVID-related support for franchisees Copyright (C) 2021 Seven & i Holdings Co., Ltd. All Rights Reserved. 10#11Overseas CVS Operations: 7-Eleven, Inc. (1) YOY change of operating income (billions of yen) Existing store sales & GPM (Figures on June are preliminary estimates) Change in GPM (left) -O-Existing Store Sales Growth (right) *Broken lines indicate comparison with two years earlier +6.9 +17.1 SEVEN&I HOLDINGS Gasoline (12.4) +7.0 (0.46) +1.5 (%) +1.0 +15.0 (%) +10.0 SG&A MDSE Foreign expenses, currency etc. exchange +0.5 +4.7 +6.9 +6.7 +5.0 impact 17.7 +0.7 +2.00 +1.0 +0.1 16.5 ±0.0 ±0.0 (1.6) (0.2) +\1.1 B (0.5) (5.0) (0.5) FY2020 2 FY2021 (0.7) (1.0) (10.0) ¥39.5 B EBITDA* (YOY/variance) *Operating income + Depreciation and amortization (1.5) (1.3) (15.0) 107.7% +\2.8 B Q1 Q2 Q3 Q4 Q1 Apr May Jun FY2020 FY2021 Copyright (C) 2021 Seven & i Holdings Co., Ltd. All Rights Reserved. 11#12Overseas CVS Operations: 7-Eleven, Inc. (2) 70 (USD) 60 Crude Oil Price (WTI) Fuel Sales Volume & GP (CPG) YOY change in CPG (Left) (¢) 0-Fuel Sales Volume Growth per store (right) +20.0 +18.0 SEVEN&I HOLDINGS (%) +59.8 +60.0 50 40 30 20 10 +10.0 +8.6 +39.0 +30.0 +4.9 +4.7 +3.5 +1.2+1.1 (0.2) (0.3) ±0.0 ±0.0 (1.3) (1.2) (1.7) (2.8) (9.2) (9.9) (15.6) (14.9) (10.0) (30.0) (31.7) (20.0) 0 Jan Apr Jul 2019 Oct Jan Apr Jul Oct 2020 Jan Apr 2021 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Apr May FY2019 FY2020 FY2021 (60.0) 2021 Q1 Fuel Margins: +$64M (+15.8%) Copyright (C) 2021 Seven & i Holdings Co., Ltd. All Rights Reserved. 12#13Overseas CVS Operations: 7-Eleven, Inc. (3) Change in customer behavior (Jan - May) Growing categories since COVID-19 Sales growth continues SEVEN&I HOLDINGS Sales vs PY (%) 2020 2021 Increase in new customers + Recovery of mobility Frozen Food 114.3 113.4 Alcoholic beverages 116.4 106.7 Change in consumption behavior stabled Non-Foods 107.4 115.1 (daily necessities) 140 Sales No. of customers Average spending per customer (%) Categories exceeded 2019 results 120 Sales vs 2019 (%) 2020 2021 100 101.2 Hot Food 98.9 116.2 80 Non-alcoholic 97.8 112.2 beverages 60 Processed Food 95.0 103.9 (Snacks etc.) *Broken lines indicate comparison with two years earlier Jan Mar May Jul Sep Nov Jan 2020 2021 Mar May Copyright (C) 2021 Seven & i Holdings Co., Ltd. All Rights Reserved. 13#14Overseas CVS Operations: 7-Eleven, Inc. (4) 7NOW(Delivery Service) NOW 7NOW Monthly sales 10x SEVEN&I HOLDINGS Approach to the Restaurant Business Providing high quality products using fresh ingredients prepared in the store. Offer Delivery + Drive-through Jan Mar May Jul Sep Nov Jan Mar May 2020 2021 Performance of 960 in advanced implementation stores which providing delivery service on May 2021 (Approx. 3.9 times vs. Jan 2020) Expansion of demand for deliveries Competitiveness with QSR Lift APSD Sales (Store w/ LAREDO TACO) *FY2019 Actual (Pre-COVID) No. of transactions / day / store 15.6 Avg. Basket Size $14.27 (Approx. 1.7 times vs in- store basket) Order-to-delivery $5,102 ~33min (Industry Leading) Time Increase in sales and profits Restaurant Store Counts (Plan) $6,395 Approx. FY2021 600 Stores Approx. 3,890 stores (as of May 2021) Stores w/o Restaurant Stores w/ Restaurant Copyright (C) 2021 Seven & i Holdings Co., Ltd. All Rights Reserved. LAREDO TACO COMPANY RAISE THE Roost CHICKEN & BISCUITS 14#15Superstore Operations: Ito-Yokado (1) SEVEN&I HOLDINGS YOY change of operating income (billions of yen) Factors in YOY change by store format GPM Sales (2.8) +3.7 SG&A expenses (1.3) Stores that implemented structural reforms +\1.2 B Transfer Shokuhinkan and THE PRICE to York* \(0.37) B 1.1 FY2021 \(0.5) B 0.65 FY2022 New stores / Closed stores +\0.17 B ¥3.7 B EBITDA* Other stores \(1.5) B (YOY/variance) 100.3% +\0.01 B *Operating income + Depreciation and amortization *20 stores were transferred from Ito-Yokado on Jun 1, 2020 Copyright (C) 2021 Seven & i Holdings Co., Ltd. All Rights Reserved. 15#16Superstore Operations: Ito-Yokado (2) Main efforts to improve productivity Revenue growth Al-based production planning All stores (lunch boxes, Sushi, and delicatessen) Al-based ordering, electric price label All stores Enhance operational efficiency (processed foods, daily foods) (Renovated and reopened Pilot store (HIKIFUNE) verification food section on Dec 2020) Sales and gross margin YOY (Al-based production planning on Jun 2020) Sales 130 (%) with two years earlier 115 Gross margin *Broken lines indicate comparison 130 (%) 115 Personnel cost YOY in processed food and daily food division (Al-based ordering on Sep 2020, Electric price label on Mar 2021) Renovated and reopened Shopping-cart checkout HIKIFUNE store Working hours spent at food checkout (hrs) 1,024 948 100 100 85 Remodeled 85 Mar May Jul Sep Nov Jan Mar May 2020 2021 Mar May Jul Sep Nov Jan Mar May 2020 2021 (6-week average before and after introduction) Future initiatives Introduce smartphone register Streamline back-office operations Verify effectiveness of measures and promote initiatives Copyright (C) 2021 Seven & i Holdings Co., Ltd. All Rights Reserved. SEVEN&I HOLDINGS 16#17Department Store Operations: Sogo & Seibu YOY change of operating income (Billions of yen) SG&A GPM expenses Sales +0.65 Factors in YOY Change of operating income by business segment Store-operating business \(0.27) B (1.2) +7.0 FY2021 \(1.0) B 2 EBITDA* (YOY/variance) *Operating income + Depreciation and amortization (8.6) Flagship stores in the Tokyo metropolitan area (5 stores) \(0.04) B Regional/suburban stores (5 stores) \(0.3) B (2.2) Closed stores FY2022 +\0.07 B (5 stores) 5 \(0.35) B \(0.14) B Corporate sales SEVEN&I HOLDINGS \(0.72) B * Based on operating income after calculating special losses related to COVID-19 Copyright (C) 2021 Seven & i Holdings Co., Ltd. All Rights Reserved. 17#18Financing and Cash & Deposit Balance Financing for Speedway acquisition Interest-bearing debt and cash & deposit balance (As of May 2021) Timing Amount (Billion yen) Feb 28, 2021 May 31, 2021 Variance 7&iHD Short-term loans 619.9 622.6 +2.6 Dec 2020 ¥350.0B bond issue Current portion 7&iHD of Long-term 509.3 524.6 +15.3 Jan 2021 ¥482.0B loans borrowing SEI Feb 2021 bond issue $10.95B (¥1,212.2B) Current portion of bonds 631.9 1,833.8 +1,201.9 SEI May 2021 borrowing $2.25B (¥249.0B) Interest-bearing debt total 1,761.2 2,981.1 +1,219.9 (Billion yen) Feb 28, 2021 May 31, 2021 Variance Total ¥2,293.2B Cash & deposit Exchange rate: 1USD = 110.71JPY 2,189.1 3,567.0 +1,377.9 Significant increase in cash and deposits in Q1 ahead of stock acquisition in Q2 Copyright (C) 2021 Seven & i Holdings Co., Ltd. All Rights Reserved. SEVEN&I HOLDINGS 18#19Appendix Copyright (C) 2021 Seven & i Holdings Co., Ltd. All Rights Reserved. 19#20Q1 Revenues from Operations and Operating Income by Business Segment (Billions of yen, %) Revenues from operations Operating income YOY Variance YOY Variance Consolidated 1,555.3 111.8 +163.5 77.5 108.6 +6.1 Domestic CVS operations 232.4 106.2 +13.5 60.3 116.8 +8.6 Overseas CVS operations 664.3 112.8 +75.2 12.3 107.5 +0.86 Superstore operations 451.6 105.5 +23.3 5.8 56.3 (4.5) Department store operations 100.3 154.1 +35.2 (2.1) (0.94) Financial services 49.1 99.5 (0.24) 10.4 90.8 (1.0) Specialty store operations 67.2 127.4 +14.4 (1.6) +4.3 Others 6.1 146.9 +1.9 1.0 I +1.7 Eliminations / corporate (16.0) +0.0 (8.6) Exchange rate: 1USD = 106.09 JPY, 1CNY = 16.38 JPY Copyright (C) 2021 Seven & i Holdings Co., Ltd. All Rights Reserved. SEVEN&I HOLDINGS (2.9) 20#21Q1 Operating Income of Major Operating Companies Operating income YOY Variance Existing store sales growth (Billions of yen, %) Merchandise GPM variance * Seven-Eleven Japan 60.3 115.6 +8.1 +3.3 (0.2) 7-Eleven, Inc. 17.7 106.8 +1.1 +4.7 +0.1 [Millions of dollar] [167] [109.6] [+14] Ito - Yokado 0.65 56.2 (0.5) +13.7 (0.4) [incl. tenants] York - Benimaru 4.7 65.8 (2.4) (1.0) (1.0) (Incl. Life foods)* Sogo & Seibu (2.2) (1.0) +73.4 +1.0 Life foods is a wholly owned subsidiary which produces and sells delicatessen in York-Benimaru stores. The combined operating income for York-Benimaru and Life Foods represents internal management reporting figures. Copyright (C) 2021 Seven & i Holdings Co., Ltd. All Rights Reserved. SEVEN&I HOLDINGS 21#22Q1 Special Losses FY2021 FY2022 SEVEN&I HOLDINGS (Billions of yen) Variance Major factors for the variance Special losses 40.6 12.4 (28.1) Mainly decrease in loss related to COVID-19 Loss on disposals of 2.4 3.4 +0.96 Increase mainly in remodeling property and equipment Impairment loss 3.6 2.0 (1.6) FOC[(1.4)]: Business reorganization in previous year in line with the Tokyo metropolitan area food strategy Restructuring expenses 1.5 0.49 (1.0) Loss related to novel coronavirus (COVID-19) 29.5 5.4 (24.0) IY [(1.0)]: Mainly in store closures and personnel measure in previous year Franchisee support money [(3.0)], SEJ [(4.2)] Cost of infection prevention and control [(0.61)], etc. Cost of infection prevention and control [(0.28)], SEI [(0.54)] Payment of employee allowances [(0.25)], etc. IY [(5.6)] Transfer of fixed costs [(5.2)] SS [(8.2)] Transfer of fixed costs [(8.1)] Others Loft [(1.0)], 7FS[(0.85)], YB[(0.54)], AH[(0.33)] *FOC Forecast Co., Ltd. 22 Copyright (C) 2021 Seven & i Holdings Co., Ltd. All Rights Reserved.#23Consolidated B/S Summary (As of May 31, 2021) (Billions of yen) SEVEN&I HOLDINGS Assets (Main items only) Feb 28 2021 May 31 2021 Variance Liabilities and net assets (Main items only) Feb 28 May 31 Variance 2021 2021 Current assets 3,350.2 4,684.4 +1,334.1 Total liabilities 4,115.4 5,452.4 +1,336.9 Cash and bank deposits 2,189.1 3,567.0 +1,377.9 Current liabilities 2,782.4 2,889.3 +106.8 Cash and due from 925.4 949.4 +23.9 Notes and accounts banks at Seven Bank 385.2 419.3 +34.0 payable-trade Notes and accounts 318.1 345.0 +26.9 receivable-trade Short-term loans 619.9 622.6 +2.6 ATM-related temporary 216.4 89.6 (126.8) Current portion of bonds 213.6 232.2 +18.6 payments Current portion of long-term loans Non-current assets 3,594.0 3,710.2 +116.2 Deposits received 236.4 315.1 +78.7 ATM-related temporary Property and equipment 2,206.0 2,286.9 +80.9 130.1 48.8 (81.3) advances Buildings and structures, 994.0 1,038.9 +44.8 Deposits received in Net 741.4 723.4 banking business (18.0) Land 746.2 756.5 +10.2 Non-current liabilities 1,333.0 2,563.1 +1,230.0 Intangible assets 645.8 684.1 +38.2 Bonds 565.0 1,766.9 +1,201.9 Investments and other 742.1 739.1 (3.0) assets Long-term loans 362.5 359.2 (3.3) Deferred assets 2.5 2.4 (0.18) Total net assets 2,831.3 2,944.5 +113.2 Total assets 6,946.8 8,397.0 +1,450.2 Total liabilities and net assets 6,946.8 8,397.0 +1,450.2 23 Copyright (C) 2021 Seven & i Holdings Co., Ltd. All Rights Reserved.#24Q1 Consolidated Statements of Cash Flows CF from operating activities (left axis) 500.0 (Billions of yen) CF from financing activities (left axis) 250.0 0.0 (250.0) CF from investing activities (left axis) Free cash flow (right axis) o spevá 300.0 (Billions of yen) 150.0 0.0 (150.0) SEVEN&I HOLDINGS (500.0) (300.0) (Billions of yen) FY2018 FY2019 FY2020 FY2021 FY2022 vs. FY2021 CF from operating 155.8 226.9 182.2 195.5 249.9 +54.3 actives CF from investing actives (44.4) (407.6) (82.5) (134.4) (84.8) +49.5 Free cash flow 111.4 (180.7) 99.6 61.1 165.0 +103.8 CF from financing (47.1) 180.1 (46.4) 199.7 1,099.4 +899.6 actives Cash and cash equivalents at end of period 1,271.1 1,290.6 1,364.2 1,614.1 3,562.4 +1,948.2 24 Copyright (C) 2021 Seven & i Holdings Co., Ltd. All Rights Reserved.#25FY2022 Consolidated Financial Results Forecast (Announced on July 1, 2021) 1H 2H YOY/Variance YOY/Variance (Billions of yen, %) Full Year YOY/Variance 115.7 * Group's total sales 6,275.0 7,274.0 +853.8 126.1 Revenues from operations 3,516.0 4,522.0 +727.5 129.3 +1,650.2 151.8 +1,543.6 122.7 13,549.0 +2,504.1 139.4 8,038.0 +2,271.2 102.4 105.0 103.7 Operating income 184.0 196.0 380.0 +4.2 +9.4 +13.6 95.3 96.9 96.1 Ordinary income 167.0 176.5 343.5 (8.2) (5.6) (13.8) Net income attributable to 124.1 93.7 106.0 90.0 100.0 190.0 owners of parent +17.4 (6.7) +10.7 Net income per share (yen) 101.93 +19.79 113.25 (7.64) 215.18 +12.15 EBITDA 109.3 126.0 117.8 (Operating income + Depreciation and 337.4 400.9 738.3 +28.7 +82.6 +111.4 amortization + Amortization of goodwill) * Group's total sales include the sales of Seven-Eleven Japan, Seven-Eleven Okinawa and 7-Eleven, Inc. franchisees. Exchange rate: 1USD = 107.00JPY, 1CNY= 16.00JPY Copyright (C) 2021 Seven & i Holdings Co., Ltd. All Rights Reserved. SEVEN&I HOLDINGS 25#26FY2022 Financial Results Forecast by Business Segment (New Business Segment) SEVEN&I HOLDINGS (Billions of yen, %) Revenues from operations Operating income YOY Variance YOY Variance Consolidated 8,038.0 139.4 +2,271.2 380.0 103.7 +13.6 Domestic CVS operations 898.0 104.6 +39.2 245.6 105.1 +11.8 Overseas CVS operations 4,371.0 194.0 +2,117.6 116.3 117.9 +17.6 Superstore operations. 1,844.0 101.8 +33.1 23.8 80.2 (5.8) Department store and specialty store operations 768.0 112.2 +83.3 3.3 +20.7 Financial services 204.0 102.5 +5.0 33.1 68.8 (14.9) Others 20.0 115.5 +2.6 (0.5) +0.07 Eliminations corporate (67.0) (9.7) (41.6) (15.8) Exchange rate: 1USD = 107.00 JPY, 1CNY = 16.00 JPY Copyright (C) 2021 Seven & i Holdings Co., Ltd. All Rights Reserved. 26#27With Livings - Seven & i Group 3 SEVEN&I HOLDINGS 星のの目 The information disclosed by the Company may contain forward-looking statements. These statements are based on management's judgment in accordance with materials available to the Company at the time of disclosure, with future projections based on certain assumptions. The forward-looking statements therefore incorporate various risks, estimates, and uncertainties, and as such, actual results and performance may differ from the future outlook included in disclosed information due to various factors, such as changes in business operations and the financial situation going forward. Copyright (C) 2021 Seven & i Holdings Co., Ltd. All Rights Reserved. 27