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Alimentation Couche-Tard Investor Presentation

INVESTMENT HIGHLIGHTS Merch. SSS - US¹ +3.3% SS Volume - US1 +0.8% Net Earnings Growth Y/Y3 +40.4% Q4 Merch. SSS - Europe and Other Regions² +3.0% SS Volume - Europe and Other Regions¹ (2.4%) Diluted EPS Growth Y/Y3 +47.8% Adj. EBITDA Growth Y/Y2,3 +16.7% Merch. SSS - Canada¹ +5.9% SS Volume - Canada¹ +6.0% 1 Adj. Diluted EPS Growth Y/Y2,3 +29.1% Leverage Ratio² 1.49 2 FY'23 Merch. & Service Sales $17.3 billion Fuel Gallons Sold 13.5 billion Adj. EBITDA² $5.8 billion Net Earnings $3.1 billion Diluted EPS Return on Equity² $3.06 24.7% Adj. Diluted EPS² $3.12 ROCE² 17.5% 1 For company-operated stores only. For Merch. SSS, this measure represents the growth of (decrease in) cumulated merchandise revenues between the current period and comparative period for those stores that were open for at least 23 days out of every 28-day period included in the reported periods. Merchandise revenues are defined as Merchandise and service revenues excluding service revenues. Presented on a comparable basis of 12 and 52 weeks. 2 Please refer to the "Non-IFRS Measures" section of this presentation for additional information on performance measures not defined by IFRS. 3 Year-over-year growth calculated from April 24, 2022, to April 30, 2023. Q4 FY2022 contains 12 weeks while Q4 FY2023 contains 13 weeks. FY2022 contains 52 weeks while FY2023 contains 53 weeks. Alimentation Couche-Tard | Investor Presentation 13 3 CIRCLE K ingo
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