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Investor Presentaiton

4Q22 HIGHLIGHTS TOP LINE GROWTH AND IMPROVEMENTS IN IMPORTANT INDICATORS 01 06 ESG & CULTURE TOP LINE 02 04 EXPANSION In 4Q22: ■ 29 new stores Minuto Pão de Açúcar; ■ 4 new stores Pão de Açúcar; 6 new stores Mini Extra; Totaling 72 new stores in 2022, in line with expansion plan of 300 new stores up to2024; ▪ 24 retrofit to the G7 model (reaching 60% of total of stores), forecast for all stores in 2023 65 05 PROFITABILITY Adjusted EBITDA reaches 6.1% in 4Q22 (7.0% in 2022). Adjusted EBITDA margin recovery plan to 8%/9% in 2024, focusing in three frontages: ■ Commercial margin, ongoing projects ■ Reduction of Breakage: projects and ongoing process. Reduction of 100bps on breakage 4Q22 vs. IQ22 ■ SG&A: headquarters resizing 100% concluded further other ongoing projects. In 4Q22, dilution of 220bps GPA PROFITABILITY alimentando sonhos e vidas NPS 05 EXPANSION 04 DIGITAL 03 No Pão de Açúcar CSA URATU mine Pão de A CIDADE TER ESSE TIME VENCEDOR NA DE UMA NOVA HISTÓRIA COM O PÃO OS(AS GPA 5
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