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Investor Presentaiton

30 MARKET CONTEXT OVERVIEW OF MARKETS OF OPERATION GRI 102-6 COOKIES AND CRACKERS According to market results received through Nielsen's Retail panel, in 2021, the Brazilian cookies and crackers market shrank 1% in sales volume when compared to the previous year, representing a drop from 1,177,444 to 1,166.038 tons. Considering amounts, market grew 11.8%, increasing from R$ 15.5 billion to R$ 17.4 billion. During the year, the economic background and the increase in prices caused impacts on consumption. In September, the consumption of cookies and crackers was 4.7% lower than the monthly average for the same year. Changes in consumption based on sales volume segmented by channels, showed a 1.1% drop in Retail, with a more significant reduction in the Hypermarket channel. Similarly, cash&carry, recorded a 0.7% decline. Cookies and crackers consumption by channel (volume in tons) 338,813 336,469 I. 111,744 145,555 150,696 102,500 122,391 129,510 59,484 57,147 2020 2021 399,457 389,715 Market (Cash) Hypermarket Large Supermarket Traditional Small Supermarket Independent Market (Retail) Source: Nielsen Retail Index - T. Brasil 2021 Sales volume by category in the cookies and crackers market (in tons) Career level 2020 2021 CHANGE 20/21 Total cookies and crackers 1,177,444 1,166,038 -1% Cracker 252,041 244,459 -3% Sweet filled 285,111 284,836 -0.10% Maria and 160,153 154,422 -4% Maizena Dried and Sweet 159,505 155,267 -3% Waffer 93,251 94,275 1% Salted 82,221 84,840 3% Donut 105,578 107,007 1% Cookie 22,371 23,488 5% Iced 5,709 7,101 24% Mixed 3,580 2,738 -24% Total Brazil: Retail + cash. Source: Nielsen Retail Index - T. Brasil 2021 2021 INTEGRATED ANNUAL REPORT PASTA Pasta market recorded a 2.7% decrease in volume in Brazil during 2021, dropping from 776,536 to 755,904 tons. The financial amount transactioned grew 9.7%, jumping from R$ 4.2 billion to R$ 4.6 billion as compared the previous year. The hike in commodities prices, such as wheat, caused an increase in the prices of products in this category, impacting the volume consumed and the accrued amounts. When looking at consumption- related data by sales channels, both Retail (-2.3%) and Cash&Carry (-3.3%) showed a decrease when comparing versus 2020. Diving deeper into the analysis of the Retail segment, we can see drops in sales in Traditional and Independent channels, which were offset by the growth in Large Supermarket channel. Pasta consumption by channel (volume in tons) 288,037 278,625 95,131 91,497 70,385 67,195 53,601 52,224 34,213 33,392 2020 2021 238,803 229,337 Market (Cash) Hypermarket Large Supermarket Traditional Small Supermarket Independent Market (Retail) Source: Nielsen Retail Index - T. Brasil 2021 Sales volume by pasta category (in tons) Career level 2020 2021 CHANGE 20/21 Pasta 776,536 755,904 -2.7% Regular 213,957 195,190 -8.8% Semolina 263,889 269,151 2.0% Semolina with eggs 254,213 250,436 -1.5% Grano Duro 20,780 18,729 -9.9% Total Brazil: Retail + cash. Source: Nielsen Retail Index - T. Brasil 2021 Collaboration for business growth Is a value for M. Dias Branco
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