Pet Retail Market and Valuation Outlook

24 24 Digital Competition Delivery Time & Shipping Price: Last Mile Matters The extensive influence area summed to the great position in digital landscape generates to the company the best positioning... As commented before, megastores have a well-developed omnichannel, but how is it compared to other peers? Locations with Petz and Cobasi physically present... Average Shipping Price; [BRL] BRL 45 Average Delivery Time; [Business Days] 9 What did considered in this analysis? Same Products We chose the same products for each one of the 21 analyzed locations... BRL 40 BRL 35 BRL 30 BRL 25 BRL 20 BRL 15 8 7 6 4 Different Locations For our analysis we considered 21 different CEPS from the most diverse regions... Stores and Scenarios We considered 5 types of stores in the most diverse scenarios... What was the takeaway? 312 Megastore - The Winner In locations with Megastores, we see the best competitive position.... Are there Rivals? Some players can be a threat for Petz and Cobasi, such as Petlove and MELI... BRL 10 BRL 5 BRL ☐☐ Petz Cobasi Petlove Magalu MELI 2 ☐ Petz Cobasi Petlove Magalu MELI Overview | Promissing Industry | Assertive Hub-and-Spoke Strategy | Expansion to Outpace | Healthy and Solid Ecosystem | ESG | Valuation & Risks Source: Team 7

View entire presentation