FY 2022 Results

Europe: Good commercial momentum- ROI pressured by costs SPAIN Europe 2022 LFL of +4.9% › Solid market share dynamics (+30bps) in a context of high inflation weighing on purchasing power CENTRAL EUROPE > Solid growth in Poland & Romania Europe ROI down (15.3)% at constant FX SPAIN › Profitability affected by sharp increase in energy costs and higher cost of risk in Financial Services BELGIUM › Adverse competitive landscape ITALY > Rapid earnings recovery LFL 2022 Europe +4.9% › Spain +5.4% > Italy +4.2% › Belgium (0.9)% › Poland +12.0% › Romania +9.0% FY 2022 RESULTS €698m +3.3% 2020 ROI at current FX, evolution at constant FX €718m 2021 (15.3)% February 14, 2023 €606m 2022 11

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