In the second quarter of 2025, the Eurocash Group recorded a decrease in revenues by 1.2% y/y, reaching PLN 7.9 billion, which is a result better than the wholesale market (WRM) [1]), a.

· Per la prima volta, la segment progetti di progetti di crescimento (Frisco, Big Ben) ha ottenuto una risultato di EBITDA positività nel quartiere (PLN 2m vs — PLN 5m y/y), che rilevano le metri efficace per migliorare la profitabilità di tutti i società.

· Gross margin in the Group at a stable y/y level of 12.8%.

· Adjusted EBITDA for one-off events (PLN 9 m - closures of 19 Delicatesy Centrum stores) increased 9% y/y to PLN 239m.

· Despite the weaker contribution of the Cash & Carry segment, EBITDA profit on wholesale activities increased to 198m (+6% y/y). In the retail segment, EBITDA profit decreased to PLN 57m (-23% y/y), which was influenced by the costs of closing unprofitable outlets.

· The company's net debt decreased to PLN 368 m (ND/LTM EBITDA remained stable at 0.89 in Q2 2025 compared to 0.87 in Q2 2024).

— Tevî kêmbûna dahatê, meya EBITDA ya me bi domdarî zêde kir, ku bi zelalî bandora siyaseta lêçûnê û çalakiyên xweşbînkirina meya lêçûnê nîşan dide. For our franchisees, we build tools that support their competitiveness, which translates into increasing their loyalty purchasing. La risultati per Q2 2025 visualizza che la Groupe Eurocash possono gestire efficiente i capitale lavoro anche in un ambiente di mercati mercati richieste — kommentarer Paweł Surówka, President of the Eurocash Group.

The FMCG market in Poland grew by 6% y/y in Q2 2025, mainly due to growth in discount stores (+11% y/y). A WRM segment recorded a decrease of 3.5% y/y, due to a decrease in key categories such as beer (-16% y/y) or high percentage of alcohol (-6% y/y), resulting from changes in consumer behavior, an increase in excise taxes, as well as adverse weather conditions.

In Q2 2025, the project segment, which includes Frisco and the Big Ben network, achieved positive EBITDA profitability for the first time in history. This is a clear signal that the adopted strategy to scale the business and improve efficiency brings tangible results.

— Frisco ne tenê li ser pêşkeftina din, lê di heman demê de berdewam dike ku bi têketina sûka Łódź û karanîna potansiyela lojîstîkî ya depoya duyemîn a li nêzî Warszawa jî baştir bike. In turn, in Duży Ben, we constantly optimize stores in terms of shopping missions. We are on track to build profitability in both companies and further strengthen their position in the market — sums up Paweł Surówka, President of the Eurocash Group.

Cost optimization and working on working capital

En el primer medio de 2025, a la Groupe continuó a réduction de los custos, que en un réduction de los custos en PLN 52 m y/y.

— Om kostnader under tight-kontroll, som kan se i EBIT-profitet, med mindre priser og flatt grosmarknader, og arbetsning på arbeidskapscapitalen kan du gratis kontanter — dibêje Piotr Nowjalis, CFO of the Eurocash Group

Soft franchise and partner networks of the Eurocash Group

The soft franchise segment recorded positive LFL sales dynamics of 1.1% in Q2 2025. At the same time, the share of our franchise chains in the wholesale market increased to 31.6% in Q2 2025 against 28.8% in Q2 2024. In the first half of 2025, Eurocash saw an increase in the number of stores operated under the franchise model by 428 compared to the end of 2024.

[1] WRM The target market for Eurocash's wholesale business mainly includes: the Independent and Soft Franchise Stores segment and selected Organised Retail Chain Stores.

‍