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Alimentation Couche-Tard Investor Presentation

LONG-STANDING COST DISCIPLINE Lean corporate structure Decentralized business units Normalized Growth of Expenses¹ Procurement efficiency Continuous benchmarking 0.2% 0.8% Cost efficient systems Automation and robotics Alimentation Couche-Tard | Investor Presentation 1 Please refer to the "Non-IFRS Measures" section of this presentation for additional information on performance measures not defined by IFRS. 2014 2015 2016 2.1% 1.5% 2.0% 2017 2.9% average 2018 2019 3.7% 2.5% Though inflation and wage pressures are having an impact, cost containment is part of Couche-Tard's DNA. 30 2020 -1.2% 3 2021 CIRCLE K ingo 9.4% 8.3%

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