Sendas Distribuidora S.A. (NYSE:ASAI) Q2 2023 Earnings Conference Call July 27, 2023 10:00 AM ET Company Participants Gabrielle Helu - Investor Relations Director Belmiro Gomes - Chief Executive Officer Danny Sabbag - Chief Financial Officer Wlamir dos Anjos - Vice President, Logistics and Commercial Anderson Castilho - Vice President, Operational Conference Call Participants Joseph Giordano - JPMorgan Vinicius Strano - UBS Danniela Eiger - XP Ruben Couto - Santander Joao Soares - Citibank Luiz Guanais - BT ...

EARNINGS RELEASE 2nd QUARTER 2023 CUSTOMERS FLOW INCREASES 25% AND HIGHEST MARKET SHARE WITH GAINS OF +3.6 p.p. Fast maturation of conversions and well-succeed expansion led to an EBITDA Margin of 7.0% CONVERSIONS PROJECT: ~90% CONCLUDED SALES: Sales growth boosted by conversions performance • 60 stores in 12 months: +34% in sales area R$ 17.6 bn Record flow: • 57 conversions (out of 66) inaugurated until now: +21% +23.2 p.p 70 million • 8 converted stores in 1H23 +R$ 3.0 bn (Expansion) tickets 5 stores in ...

Sendas Distribuidora S.A. (NYSE:ASAI) Q1 2023 Earnings Conference Call May 5, 2023 10:00 AM ET Company Participants Gabrielle Helu - Investor Relations Director Belmiro de Gomes - Chief Executive Officer Daniela Sabbag - Chief Financial Officer Wlamir dos Anjos - Logistics and Commercial VP Anderson Castilho - Operational VP Conference Call Participants Andrew Ruben - Morgan Stanley Operator [starts abruptly] during the call regarding business perspectives, forecasts and operational targets at Asai represen ...

As filed with the Securities and Exchange Commission on March 14, 2023. UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 20-F ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR 12(g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☐ SHELL COMPANY REPORT PURSU ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION _____________________ _____________________ Washington, D.C. 20549 FORM 6-K Report of Foreign Private Issuer Pursuant to Rule 13a-16 or 15d-16 of the Securities Exchange Act of 1934 For the month of March 2023 Commission File Number: 001-39928 Sendas Distribuidora S.A. (Exact Name as Specified in its Charter) Sendas Distributor S.A. (Translation of registrant's name into English) Avenida Ayrton Senna, No. 6,000, Lote 2, Pal 48959, Anexo A Jacarepaguá 22775-00 ...

Financial Data and Key Metrics Changes - The company reported a revenue of BRL16 billion in Q4 2022, doubling sales compared to 2019, and a total revenue of BRL54.5 billion for the year, reflecting a growth of 31% [9][10] - Adjusted EBITDA for Q4 2022 was BRL1.3 billion, with an EBITDA margin of 7.7% when excluding pre-operational expenses, while the annual EBITDA reached BRL3.9 billion with a margin of 7.2% [23][24] - The net profit for Q4 was BRL406 million, with a margin of 2.5%, and for the year, it was BRL1.2 billion with a margin of 2.2% [30] Business Line Data and Key Metrics Changes - The company opened 60 new stores in 2022, including 13 organic stores and 46 converted hypermarkets, contributing to a significant increase in customer flow and sales [16][17] - Gross profit for Q4 was BRL2.7 billion, with a total of BRL9 billion for the year, indicating stability in gross margins despite the expansion efforts [13][24] Market Data and Key Metrics Changes - The company gained over 2% market share nationally in Q4, with a notable 5 percentage point increase in the State of Sao Paulo, reflecting strong performance in a competitive market [11][12] - The average sales per square meter increased from BRL4,500 to BRL4,700, demonstrating effective commercial strategies [11] Company Strategy and Development Direction - The company aims to continue its expansion with plans for 40 new store openings in 2023, focusing on converting Extra hypermarkets and maintaining a strong investment strategy [32][33] - The management emphasized the importance of maintaining low operational costs while enhancing customer experience and expanding product assortment [19][21] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the future, citing a potential decrease in inflation and its positive impact on consumer purchasing behavior, which could lead to increased sales [34][35] - The company is focused on improving governance and ensuring the security of minority shareholders, with plans for board renewal and enhanced policies [39] Other Important Information - The company has made significant investments in logistics, opening three new distribution centers and increasing storage capacity by 40% to support its expansion [14] - The company was recognized for its social responsibility efforts, including inclusion in the ISE Index for sustainability and the establishment of the Assai Institute for social projects [31] Q&A Session Summary Question: Concerns about the impact of food inflation on same-store sales - Management acknowledged concerns but highlighted that a trade-down effect could benefit sales as consumers adjust their purchasing behavior in response to inflation [41][42] Question: Governance and board renewal plans - Management confirmed that governance improvements are underway, with a focus on aligning with the controlling shareholder and renewing the board to enhance corporate governance [42][43] Question: Impact of supplier relationships on gross margins - Management indicated that ongoing negotiations with suppliers are expected to positively impact profitability and working capital levels [49][50] Question: Capitalized interest and its impact on profits - Management explained that capitalized interest is a standard accounting practice and will decrease as store openings progress, with expectations for reduced impact in the coming months [53][60] Question: Performance in B2B and B2C channels - Management noted a shift towards more end consumers in the customer mix, with expectations for increased B2C sales in converted stores [65][66] Question: Lessons learned from service and assortment initiatives - Management confirmed that lessons learned from previous initiatives have informed changes in new store conversions, enhancing customer experience and service offerings [71][72]

EARNINGS RELEASE 4 th QUARTER 2022 February 16th, 2023 SOLID OPERATIONAL PERFORMANCE WITH RESULTS ABOVE EXPECTATIONS Higher-than-expected profitability and significative market share gains RECORD EXPANSION: 60 new stores in 2022 (above initial guidance of 52 stores) 263 stores in operation +36% of sales areas R$ 4.5 bi Investments GROSS SALES: ~R$ 60 billion in 2022 Robust growth: +31% Strong performance of converted stores and solid SSS ADJUSTED EBITDA: ~R$ 4 bi in 2022 Successful commercial strategy Opera ...

Sendas Distribuidora S.A. (NYSE:ASAI) Q2 2022 Earnings Conference Call July 28, 2022 10:30 AM ET Company Participants Gabrielle Helú - Director, IR Belmiro de Gomes - CEO Daniela Sabbag - CFO Wlamir dos Anjos - VP, Commercial and Logistics Conference Call Participants Danniela Eiger - XP Luiz Guanais - BTG Ruben Couto - Santander Thiago Macruz - Itaú BBA Felipe Cassimiro - HSBC João Soares - Citi Vinicius Strano - UBS Joseph Giordano - JPMorgan Irma Sgarz - Goldman Sachs Vinicius Strano - Bank of America An ...

Sendas Distribuidora S.A. (NYSE:ASAI) Q1 2022 Results Conference Call May 10, 2022 10:00 AM ET Company Participants Gabrielle Helú - Director, IR Belmiro Gomes - CEO Daniela Sabbag - CFO Wlamir dos Anjos - VP, Commercial and Logistics Anderson Castilho - VP, Operations Conference Call Participants Danniela Eiger - XP Felipe Cassimiro - HSBC João Soares - Citi Felipe Rached - Goldman Sachs Joseph Giordano - JP Morgan Operator Good morning, everyone, and thank you for waiting. Welcome to the Earnings Call for ...