Jerónimo Martins (JMT) Corporate presentation summary

Company overview and mission

• Operates in six countries as the 25th largest food retailer globally, aiming to provide safe, healthy, and affordable food solutions to as many people as possible.

• Over 230 years of experience in the food business, with origins in Lisbon, Portugal.

• Vision focuses on democratizing access to quality products through value creation and sustainable development.

• Core values emphasize collaboration, integrity, and continuous improvement across all operations.

Business segments and geographic presence

• Main business areas include food distribution (Biedronka, Pingo Doce, Recheio, Ara), specialized retail (Hebe, Jeronymo), and agribusiness.

• Biedronka leads in Poland and Slovakia with over 3,800 stores and 70% of group sales.

• Pingo Doce is a supermarket leader in Portugal with 497 stores and a strong focus on fresh products and private brands.

• Ara operates 1,653 stores in Colombia, focusing on proximity retail and private brands.

• Recheio is a cash & carry leader in Portugal, serving traditional retail and HoReCa with 43 stores.

Financial performance and investments

• 2025 sales projected at €35,991 million, with net profit of €646 million and 6,523 stores.

• Sales have grown from €20.9 billion in 2021 to €36 billion in 2025, with Biedronka contributing 70.4%.

• Major employer and taxpayer, with €1,197 million in CAPEX and €1,079 million in staff costs in 2025.