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Investor Presentaiton

Highly Resilient Adjusted EBITDA Margin and Adjusted EBITDA Margin Expansion Across Geographies ADJ. EBITDA MARGIN % Favorable price and product/mix Strong volume performance 2018 (1) 2019 2020 2021 2022 LTM 3Q23 New manufacturing capabilities Grupo Bimbo 10.9% 13.0% 13.7% 14.0% 13.4% 13.7% Increased scale North America 9.0% 11.3% 12.9% 12.2% 11.0% 10.8% Productivity investments driving SG&A efficiencies Mexico 18.2% 19.3% 18.3% 19.0% 17.9% 18.3% Strategic acquisitions LATAM Distribution network optimization 2.6% 2.2% 4.9% 6.2% 8.9% 10.0% Successful turnaround projects EAA 0.4% 6.3% 7.6% 7.9% 7.0% 7.6% Adj. EBITDA: Earnings before interests, taxes, depreciation, amortization and MEPPS. Ricolino's results have been removed since 2021. (1) 2018 Adj. EBITDA does not include the effect of IFRS16. 12
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