Robinsons Retail Holdings, Inc.

Thank you for joining us to review Robinson's videos and other reports for the first quarter of 2026. I'm Angela Torres, the company's corporate planning and investor relations officer. So the speakers for this call are in the following. It's a family call, our president and CEO, Mr. Christine Juarez, our managing director for the big bar maps of the food segment. Ms. Maria Casostomo, group general manager of the drugstore segment. Ms. Carmina Pizan, Group General Manager of the Provincial Department for Boiseras Solar Academy and Station. Ms. Beth Subono, Group General Manager of the DIY Pigment and Pets. Ms. Tim Sanchez, Deputy General Manager of Boiseras. Ms. Mylene Casiban, our CFO, and our Chairman, Ms. Robina Gokunwepe, and Advisor for Corporate Planning and Machine and Defending are also here with us for the call. Flash is the agenda for this afternoon's meeting. We will provide an overview of our financial performance and share key updates across the organization. As a reminder, for the Q&A session, please use the Q&A function on your Zoom dashboard to type in your questions. Please limit initially to a maximum of three questions, including your follow-ups. You may queue back into the Q&A box for additional questions. You may also use the raise hand function if you would like to ask your questions live. With that, I will turn you over to Mr. Stanley Paul, our President and CEO, to discuss our financial highlights. Good afternoon, everyone. For our first quarter financial highlights, net sales increased by 10.3% to $52.8 billion, driven by a 4.1% same-store sales growth, new-store contributions, and the full-quarter consolidation of premium rates. The same-store sales growth was driven by higher market prices in the food and our drugstore segments. This resulted in EBIT increasing by 3.7% to $2.4 billion, for net earnings grown by 6.2% to $1.3 billion. Net income for parent declined to $489 million, driven by higher interest expenses and losses from associates. This section shows Facing the breakdown of our T&L for the first quarter, we'd like to highlight that net sales with poor earnings were up by 10.3% and 6.8% respectively. And effective this year, we have reclassified close rally from the food segment to a new segment for B2B to better reflect the underlying performance of our food segment's four banners. All operating segments achieved positive net sales growth in the first quarter, The double-digit growth in specialty scores, B2B and drug scores. The notable decrease in specialty scores was due to the consolidation of premium rights. Food and drug stores continue to be our largest segments, accounting for 73% in the first quarter. The other segments may be the department stores, DIY is also here to be contributed to the remaining 47% of net sales and 10% of the bid gap. We opened nine new stores in the first quarter, mostly under the food and press store banners, meaning our total store count was 2,782. Our store count is now comprised of 305 food sales and stores, 2187 drug stores, 51 department stores, 234 DIY stores, and 505 specialty stores. And in addition, we have 2,167 franchise stores of PGP. Passing you over to Tim for the food segment.

Good afternoon. For a life-for-life comparison, prior year food segment figures were sophisticated to exclude the impact of Alzheimer's. Food segment net sales rose 7.4% to $28.3 billion, underpinned by 3.9% sales store sales. Which was supported by novel digits increasing basket size. The bid does move faster than revenues up 11.8%, to $2.7 billion, reflecting higher gross profit from vendor support and increased penetration of important products out of its cost controls. Handing over to Mariana for her assessment. The cost per segment started the year with net sales growing double digits in the first quarter, reaching $10.4 billion. FSSG rose to 8.5% driven by sustained demand for prescription and OTC drugs and implants. EBITDA climbed by 5.1% to $847 million, a growth in the top-line push on the impact of higher operating expenses for store expansion. As far as the stores, FSSG peaked at 1.5% in the first quarter after recidivist performance in the design. was offset by the intense competition from new players in other regions. Meanwhile, incremental sales from the new store in Cagadian, Mindanao, which opened in April last year, lifted those of net sales from 3.5 billion up to 4.1% year-on-year. This has declined to 31 million in the first quarter given subdued SSG amid higher fixed costs. Turning over to David.

Year-wide, the coordinate 4.6% net sales moved in the first quarter. reaching 2.8 billion Teslas, given by the introduction of new items and successful marketing events. SSSG came in at 3%, a turnaround versus minus 1.9% last year. Adidas came in at $245 million, higher by 2%, as the recovery insurance was offset by lower distribution center income and an increase in rent and month-to-month costs, trading over $2 billion.