Sendas Distribuidora (ASAI3) Institutional presentation summary

Market position and brand strength

• Handles approximately 40 million customer visits monthly and reaches 60% of households in Greater São Paulo.

• Recognized as the most valuable retail brand in Brazil, valued at R$12 billion.

• Largest and most present food retail company in the country, with a diverse customer base spanning all social classes and regions.

• Maintains high brand recognition in both physical and digital retail, with strong social media presence.

Financial performance and growth

• Gross revenue reached R$21.4 billion in 2Q26, with same-store sales up 0.9% and customer traffic up 3.4%.

• EBITDA margin pre-IFRS16 at 5.6%, with recurring net income up 94% to R$344 million.

• Leverage reduced to 2.37x, the lowest since 3Q21, and net debt reduced by R$1.4 billion over 12 months.

• Cash availability reached R$7.0 billion in 2Q26, supporting ongoing investments and deleveraging.

Expansion and operational excellence

• Expanded to 313 stores across 24 states, with over 90,000 employees and 8 distribution centers.

• All expansion financed by cash generation, with R$85 billion in revenue by Dec 2025 and R$12.8 billion in operating cash generation.

• Maintains a low-cost, efficient operating model, with SG&A expenses kept in check and investments aligned with cash flow.

• Store formats and assortment tailored to regional and customer needs, supported by advanced technology and data-driven strategies.