Investor Presentaiton

Via Varejo Main Competitive Advantages TO FRIO BAHIA Powerful Business Model Combining Leadership and Scale Most Valuable Brands in the Brazilian Retail Market Covering Full Spectrum of Income Levels viavarejo ofrio) Bonito, Secadores d Exceto Raff Broadest Distribution Network and Storage Capacity Source: Via Varejo | High-level Execution at the store (movve project) and online (lower cost and better service level) BAHIA Best Positioned for Omni - Channel Business combination maximizes operating leverage 22 22

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