METRO : Fact Sheet

FACT SHEET

Wholesale strategy

Our ambition: METRO is a leader in the food wholesale and distribution sector. We intend to further build on our success alongside our professional HoReCa and Trader customers.

• We firmly believe: our wholesale strategy will generate organic growth. The market in our segment is large enough - in all of the countries we operate in.
• The time is right: the competition is fragmented, the industry sector is growing and major social trends are in our favour.
• We are on track to achieving our goal: we have named our strategy sCore. We intend to score the goals we are aiming for. Everything it takes to achieve this is at our very core: METRO is wholesale. We deliver performance, we know

where we want to be and we're on our way.

Let's do this!

Company structure

METRO	METRO	METRO	METRO	Others:
Germany	West	Russia	East	- Hospitality
				Digital
				- METRO
				MARKETS
				- METRO
				PROPERTIES
				- Other service
				companies

Management Board

Dr	Christian	Christiane	Rafael	Claude
Steffen	Baier	Giesen	Gasset	Sarrailh
Greubel	CFO	CHRO	COO	CCMO
CEO

Supervisory Board

Jürgen Steinemann		Xaver Schiller
Chairman		Vice Chairman
Marco Arcelli		Stefanie Blaser
Gwyn Burr		Friedhelm Bongard
Prof. Dr. Edgar Ernst		Thomas Dommel
Dr. Fredy Raas		Michael Heider
Roman Šilha		Udo Höfer
Eva-Lotta Sjöstedt		Manuela Wetzko
Dr. Liliana Solomon		Angelika Will
Marek Spurný		Manfred Wirsch
Stefan Tieben		Silke Zimmer

Shareholder Structure

as of 12/01/2022

Meridian Stiftung /

Beisheim Holding

35,46 % 23,94 %

EP Global

Commerce

40,60 %

Free-floating shares

Guidance for FY 2021/22

Basic Data of Share

FY 2020/21

FY 2021/223

Ordinary

Preference

Shares

Shares

Ticker Symbol

B4B GR

B4B3

Sales

0.1%

17-22%

WKN

BFB001

BFB002

growth1

ISIN

DE000BFB0019

DE000BFB0027

Reuters

B4B.DE

B4B3_p.DE

Bloomberg

B4BGR

B4B3 GR

Adj.

Number of shares

360,121,736

2,975,517

€1,187 m

EBITDA1,2

+~€150-230 m

Trading segment

Prime Standard

Prime Standard

Exchange

Frankfurt

Frankfurt

1. At constant currency, without JP and MY, with Aviludo and Davigel Spain.
2. Adj. EBITDA (guidance view) - EBITDA pre transformation costs, real estate gains.
3. Updated on 6 July 2022

FACT SHEET

Store Network1	Employees
METRO
Development of employee numbers by segments
Germany	by headcount incl. apprentices - Ø financial year

	METRO
METRO	Russia
West
	METRO
	East

METRO	102 stores o/w 68 OOS	7 depots
Germany
METRO	240 stores o/w 207 OOS	31 depots
West
METRO	246 stores o/w 208 OOS	29 depots
East
METRO	93 stores o/w 80 OOS
Russia
681	67 dedicated FSD depots
563
stores	stores with out-of-store-delivery (OOS)

1 as of 26/01/2022

		2020		2021
METRO	89,721	88,254
METRO Germany		14,078	13,835
METRO West		27,384	27,480
METRO Russia		11,663	10,659
METRO East		36,596	36,280
Others (excl. METRO AG)		7,070	6,099
METRO AG		848	788
Total		97,639	95,141

Key Financial Figures Annual Report 2020/21

€ million

Key financial figures for operations

Sales development (like-for-like)

Sales development in local currency

Sales (net)

Adjusted EBITDA

Transformation costs

Earnings contributions from real estate transactions

EBITDA

EBIT

EBT (earnings before taxes)

Profit or loss for the period 1

Earnings per share (basic = diluted)

Dividend per ordinary/preference share 2

Cash flow from operating activities

Investments

Net debt

		2019/20		2020/21
%		-3,9		-0,4
%		-4,0		0,0
		25,632		24,765
		1,158		1,171
		47		65
		3		60
		1.113		1.166
		257		197
		-32		40
		-140		-45
		-0.40		-0.15
		0.70		0.00
		1,062		1,237
		627		764
		3,771		3,466

1. Attributable to METRO shareholders.
2. The dividend per share relates to both continuing and discontinued operations.

CONTACTS

METRO AG	Gerd Koslowski	Tel.: [phone]
Metro-Straße 1	Senior Vice President	Fax: [phone]
40235 Düsseldorf	Corporate Communications	E-Mail: [e-mail]
	Sabrina Ley	Tel.: [phone]
	Senior Vice President	Fax: [phone]
	Investor Relations & Strategy	E-Mail: [e-mail]

FACT SHEET

INCOME STATEMENT

for the financial year from 1 October 2020 to 30 September 2021

€ million	FY 19/20	FY 20/21
Sales Revenues	25,632	24,765
Cost of sales	-21,271	-20,539
Gross profit on sales	4,361	4,226
Other operating income	948	1,107
Selling expenses	-3,849	-3,814
General administrative expenses	-831	-875
Other operating expenses	-321	-440
Earnings from impairment of financial assets	-64	-26
Earnings share of operating companies recognised at equity	14	19
Earnings before interest and taxes (EBIT)	257	197
Earnings share of non-operating companies recognised at equity	0	0
Other investment result	3	12
Interest income	31	30
Interest expenses	-252	-224
Other financial result	-72	25
Net financial result	-289	-157
Earnings before taxes EBT	-32	40
Income taxes	-108	-85
Profit or loss for the period from continuing operations	-140	-45
Profit or loss for the period from discontinued operations after taxes	612	0
Profit or loss for the period	471	-45
Profit or loss for the period attributable to non-controlling interests	11	11
from continuing operations	(5)	(11)
from discontinued operations	(6)	(0)
Profit or loss for the period attributable to the shareholders of METRO AG	460	-56
from continuing operations	(-146)	(-56)
from discontinued operations	(606)	(0)
Earnings per share in € (basic = diluted)	(1.27)	(-0.15)
from continuing operations	(-0.40)	(-0.15)
from discontinued operations	(1.67)	(0.00)

FACT SHEET

BALANCE SHEET

as of 30 September 2021

Assets

€ million	1/10/2019 1	30/9/2020 1	30/9/2021
Noncurrent assets	8,845	8,284	8,004
Goodwill	785	731	644
Other intangible assets	562	576	568
Property, plant and equipment	6,635	5,811	5,663
Investment properties	127	188	170
Financial assets	97	98	92
Investments accounted for using the equity method	179	421	361
Other financial assets	150	185	142
Other non-financial assets	20	16	20
Deferred tax assets	291	258	345
Current assets	8,963	4,886	4,815
Inventories	1,917	1,860	1,964
Trade receivables	482	429	496
Financial assets	4	3	3
Other financial assets	622	525	505
Other non-financial assets	279	377	281
Entitlements to income tax refunds	190	145	93
Cash and cash equivalents	500	1,525	1,474
Assets held for sale	4,970	22	0
	17,808	13,170	12,819

1 Previous year's comparative values were adjusted due to a change in the accounting method (inventories); see the notes section "Change in accounting method (inventories)".

Equity and liabilities

€ million	1/10/2019 1	30/9/2020 1	30/9/2021
Equity	2,323	2,039	1,847
Share capital	363	363	363
Capital reserve	6,118	5,048	5,048
Reserves retained from earnings	-4,189	-3,380	-3,585
Equity before non-controlling interests	2,292	2,031	1,826
Non-controlling interests	31	8	21
Non-current liabilities	5,652	5,506	4,646
Provisions for post-employment benefits plans and similar
obligations	543	550	531
Other provisions	108	139	155
Financial liabilities	4,766	4,541	3,798
Other financial liabilities	55	17	20
Other non-financial liabilities	25	193	58
Deferred tax liabilities	155	66	83
Current liabilities	9,832	5,625	6,327
Trade liabilities	3,572	3,199	3,476
Provisions	158	287	290
Financial liabilities	1,164	773	1,155
Other financial liabilities	728	724	781
Other non-financial liabilities	228	451	347
Income tax liabilities	169	184	277
Liabilities related to assets held for sale	3,813	7	0
	17,808	13,170	12,819

1 Previous year's comparative values were adjusted due to a change in the accounting method (inventories); see the notes section "Change in accounting method (inventories)".

FACT SHEET

CASH FLOW STATEMENT 1

for the financial year from 1 October 2020 to 30 September 2021

€ million	FY 19/20	FY 20/21
EBIT	257	197
Depreciation/amortisation/impairment losses/reversal of impairment losses of fixed assets excl.
financial investments	856	969
Change in provisions for pensions and other provisions	-10	3
Change in net working capital	-172	130
Income taxes paid (-)/received	-140	-12
Reclassification of gains (-) / losses (+) from the disposal of fixed assets	-4	-37
Lease payments	40 1	59
Other	-180	-72
Cash flow from operating activities of continuing operations	646	1,237
Cash flow from operating activities of discontinued operations	416	0
Cash flow from operating activities	1,062	1,237
Acquisition of subsidiaries	0	-20
Investments in property, plant and equipment and in investment property (excluding right-of-
use assets)	-211	-184
Other investments	-160	-146
Investments in monetary assets	-8	-1
Disposals of subsidiaries	0	28
Divestments	114	179
Disposal of financial investments	0	7
Cash flow from investing activities of continuing operations	-265	-137
Cash flow from investing activities of discontinued operations	1,271	0
Cash flow from investing activities	1,006	-137
Dividends paid	-261	-254
Proceeds from new borrowings	6,066	474
Redemption of borrowings	-6,487	-779
Lease disbursements	-547	-541
Interest paid	-82	-92
Interest received	16	14
Other financing activities	16	27
Cash flow from financing activities of continuing operations	-1,280	-1,152
Cash flow from financing activities of discontinued operations	-278	0
Cash flow from financing activities	-1,557	-1,152
Total cash flows	510	-52
Currency effects on cash and cash equivalents	-29	1
Total change in cash and cash equivalents	482	-51
Total cash and cash equivalents as of 1 October	1,044	1,525
less cash and cash equivalents reported in assets in accordance with IFRS 5	-544	0
Cash and cash equivalents as of 1 October	500	1,525
Total cash and cash equivalents as of 30 September	1,525	1,474
less cash and cash equivalents reported in assets in accordance with IFRS 5	0	0
Cash and cash equivalents as of 30 September	1,525	1,474

1 Reported under "other" in the previous year's annual report.