Investor Presentaiton

Proven Growth Track Record Foundations for Growth Accelerated Growth Revenue CAGR: 18,0% IPO (Drogasil) Revenue CAGR: 26.6% + Merger IPO 788* (Raia) 688 582 3,949 515 3,382 409 1,860 2,474 1,595 331 304 291 1,837 267 1,538 1,148 243 228 1,304 831 1,081 894 721 745 645 2,089 673 558 1,788 467 327 370 1,327 1,006 818 346 375 427 523 659 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 Gross Revenues Drogasil Gross Revenues Droga Raia * Assumes our gross store opening guidance, disregarding eventual store closings that may happen until the end of the year. Stores LO 5

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