Metro : Q2 2020/21 Media Results Presentation

Press

Conference

Call

H1/Q2 2020/21

DISCLAIMER AND NOTES

To the extent that statements in this presentation do not relate to historical or current facts, they constitute forward-looking statements. All forward-looking statements herein are based on certain estimates, expectations and assumptions at the time of publication of this presentation and there can be no assurance that these estimates, expectations and assumptions are or will prove to be accurate. Furthermore, the forward-looking statements are subject to risks and uncertainties that could cause actual results, performance or financial position to differ materially from any future results, performance or financial position expressed or implied in this presentation. Many of these risks and uncertainties relate to factors that are beyond METRO AG's ability to control or estimate precisely. The risks and uncertainties which these forward-looking statements may be subject to include (without limitation) future market and economic conditions, the behavior of other market participants, invest in innovative sales formats, expand in online and omnichannel sales activities, integrate acquired businesses and achieve anticipated cost savings and productivity gains, and the actions of government regulators. Readers are cautioned not to place reliance on these forward-looking statements. METRO AG does not undertake any obligation to publicly update any forward-looking statements or to conform them to events or circumstances after the date of this presentation.

This presentation is intended for information only and should not be treated as investment advice or recommendation. It is not, and nothing in it should be construed as an offer for sale, or as a solicitation of an offer to purchase or subscribe to, any securities in any jurisdiction. Neither this presentation nor anything contained therein shall form the basis of, or be relied upon in connection with, any commitment or contract whatsoever. This presentation may not, at any time, be reproduced, distributed or published (in whole or in part) without prior written consent of METRO AG.

Not all figures included in this presentation have been audited and certain figures may also deviate substantially from information in the consolidated financial statements of METRO AG, thus, may not be fully comparable to such financial statements. This presentation includes supplemental financial measures which are or may be non-GAAP financial or operative measures. These measures should not be viewed in isolation as alternatives to financial measures presented in accordance with IFRS. Other companies that disclose similarly titled measures may calculate them differently. All amounts are stated in million euros (€ million) unless otherwise indicated. Amounts below €0.5 million are rounded and reported as 0. Rounding differences may occur.

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05/05/2021.

© METRO AG.

01 UPDATE

PRIORITIES DURING COVID-19

"PROTECT"	"PRESERVE"	"GROW"
PROTECTING	BEING A	LONG-TERM
EMPLOYEES	PARTNER LIKE	VALUE
AND	NO OTHER	CREATION
CUSTOMERS

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05/05/2021.

© METRO AG.

EFFICIENT MANAGEMENT IN PANDEMIC AND PREPARATION FOR #RESTART

HoReCa restrictions			Performance above			Seizing
across country			HoReCa market			opportunities,
portfolio						ready for reopening
						and fine-tuning of
						pandemic
						management

Strong financial	H1 in line with
position with	expectations, guidance still
flexibility	updated due to COVID-19
	restrictions

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05/05/2021.

© METRO AG.