Company Presentation

2021 Results

Omni-channel Retailer

Contents

Sales

Expansion

Market Share Evolution

Financial Overview

Online Operations & Strategy Update

Summary & Guidance

Operations & Financials Details

Sales - 2021 (TL million)

Sales

4Q 2021

30.6%

10,351

7,927

4Q 2020

4Q 2021

3

Sales 2021

26.0%

36,272

Growth fueled by

omni-channel capability

28,790

Online growth is here to stay

20202021

Offline & Online Expansion

Number of Stores

(Total)

+246

2,565

2,319

2020*2021

Sales Area

(K sqm)

6.2%

1,679

1,580

2020*2021

Online Service Stores

(Total)

+338

867

529

20202021

4 * 2020 figures include 30 stores abroad. Migros discontinued its international retail operations in 1Q 2021.

CAPEX (TL million)

% of Sales

1.9%2.7%

~1,200

969

539

20202021 2022E

Accelerated store expansion

Focusing on IT infrastructure &

fulfillment center automation

5

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Disclaimer

Migros Ticaret AS published this content on 01 March 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 01 March 2022 20:08:02 UTC.