202620192017511

1

1

2 2026

3 20192026 1

1

3

1

2

3 SP

MBP

4

1.

1.

42 0 1 7 3

20173

40 20.9

20163

5,783

140

20173

5,879

187

142

150

202

129

96

47

60

20

101.7%

133.9%

142.5%

86.3%

1.

5

2 2026

7 2. 2 0 2 6

10

2026

1 10

2

3

8 2. 2 0 2 6

7352016

9 2. 2 0 2 6

10 2. 2 0 2 6

2. 2 0 2 6

E U

11

2. 2 0 2 6

12

3070%

2. 2 0 2 6

13

2. 2 0 2 6

10

14

2. 2 0 2 6

15

1 0 2. 2 0 2 6

16

1 0 2. 2 0 2 6

18

1 0 2. 2 0 2 6

1 2 3

+4 5 QOLquality of life

19

1 0 2. 2 0 2 6

20

2. 2 0 2 6

1 0

21

1 0 2. 2 0 2 6

22

2. 2 0 2 6

1 0 23

Transformation Renewal

2. 2 0 2 6

Transformation Renewal

Transformation

Renewal

Group Management

3,000

4,000

25

4 2. 2 0 2 6

RFRF

YBS

26

1 2. 2 0 2 6

27

2 2. 2 0 2 6

1

2

3 4

28

3 2. 2 0 2 6

1 2 3

20172019 20202022 20232026

Transformation

Transformation

Renewal

4

29

2. 2 0 2 6

202610

ROE 8

50% 30

300400

2016

5,879 2016

187

7,0008,000

30

2. 2 0 2 6

1 2 3

50

30

20

31

3 20192026 1

1

1.2.

1.2.

1.2.

1.2.

33

3. 2 0 1 9

23. 2 0 1 9

1

2

6P

3

34

33. 2 0 1 9

1

2

35

43. 2 0 1 9

1 80

3

2

36

53. 2 0 1 9

1

2

37

63. 2 0 1 9

1 MBP

2

3

38

1

Web

73. 2 0 1 9

2

3

39

83. 2 0 1 9

1

2

2017.6

1

40

93. 2 0 1 9

1

2

41

13. 2 0 1 9

1

2

3 4

42

23. 2 0 1 9

1

2

43

33. 2 0 1 9

3

4

44

13. 2 0 1 9

2019

6,300

2203.5%

400

( )

2 0 1 6

5,879

1873.2%

338

2016

107.2%

117.6%

118.3%

E B I T D A

45

23. 2 0 1 9

2 0 1 9

2,500 130

3,000 70

440 12

360 8

6,300 220

2 0 1 6

2,323 117

2,774 46

430 12

350 11

5,879 187

2016

107.6% 111.1%

108.1% 152.2%

102.3% 100.0%

102.8% 72.7%

107.2% 117.6%

46

33. 2 0 1 9

770 3

ROE 8

40

20

750 2 0 1 9

47

202620191

48

202620192

49

2017 5 11

29 3

1

1 29 3

2 30 3

2

1 29 3

2 30 3

3

29 3

40 20.9

28 3

5,783

140

29 3

5,879

187

142

150

202

129

96

+47

+60

20

101.7

133.9

142.5

86.3

4

2,323 102.4

117 123.9

+00

29 3

2,774 103.0

46 201.2

430 93.6

12 145.9

350 97.3

11 83.1

+88

5

24 13

20

20

9

10

10

80 33

7

140

28 3

187

29 3

47

29 3

88

46

6

283

293

1,419 1,386 32

2,022 2,028 5

283

293

1,319 1,210 108

798 749 48

1,324 1,454 +130

29 3

3,415 26

41.9

39

15 16

52

35

60

110

7

835

CF 299 178

151 93

CF 144 156

CF 143 112 20

11

29 3

CF 88

8

1 29 3

2 30 3

9

30 3

40 20.9

29 3

5,879

187

30 3

6,000

195

202

129

205

130

120

7

2

0

102.1

104.0

101.1

100.1

10

2,375 102.2

112 95.6

+00

2,842 102.4

61 131.9

421 97.9

10 79.7

362 103.2

12 108.9

216 113.7

30 3

11

187

29 3

195

30 3

7

30 3

38 23

5

24

3

16

8

5

70 63

4

49

7

12

30 3

100

0

500

1,000

2014 2015 2016 2017

13

6P100

2014 100

14

BOTTLATTE

SP

15

MBP

16

17

6,400

6,300

6,200

6,100

6,000

5,900

5,800

5,700

5,600

400

300

200

100

02016 2017 2019

EBITDA338

187

30 3

5,879

EBITDA350

195

EBITDA400

220

6,000

6,300

32 3

6,000 195EBITDA 350

6,300 220EBITDA 400

18