3Q18 Results

November 1st, 2018

2

Net Revenue growth of 10.0%

Opening of 11 Local stores in the 3Q18

SSS growth of 6.8%

EBITDA growth of 9.1%

Opening of 62 stores until the end of the 3Q18

3Q18 HIGHLIGHTS – PARENT COMPANY

IF: AME Digital begin the pilot at 6 Lojas Americanas

2

O2O: evolution of the three initiatives

B2W: cash generation of R$ 58 MM

3

GMVR$ 6.4 billion (+17.5%)-----------------------------

Net RevenueR$ 3.9 billion (+6.2%)

Parent Company

Consolidated

Net RevenueR$ 2.4 billion (+10.0%)

-----------------------------

SSS+6.8% 3Q18+8.5% 9M18

Gross ProfitR$ 980.5 million (+9.2%)

-----------------------------

Gross Margin40.4% (-0.3 p.p.)

Adj. EBITDAR$ 514.1 million (+9.1%)

-----------------------------

Adj. EBITDA Margin21.2% (-0.2 p.p.)

Gross ProfitR$ 1.4 billion (+12.4%)

-----------------------------

Gross Margin35.1% (+1.9 p.p.)

Adj. EBITDAR$ 630.5 million (+9.4%)

-----------------------------

Adj. EBITDA Margin16.0% (+0.4 p.p.)

3Q18 RESULTS

3

4

PRESENT IN

550 CITIES

• 837 TRADITIONAL

• 503 EXPRESS

• 20 CONVENIENCE

TOTAL OF STORES

9M1862

OPENINGS34 NEW CITIES

+800 NEW STORES

2015 2019

1,360

EXPANSÃO – “85 ANOS EM 5 – SOMOS + BRASIL”

5

IF – INOVATION AND FUTUREAME DIGITAL

Until the end of 2019 AME Digital will be accepted in all Lojas Americanas

OctoberPhysical

Expansion(6 stores)

SeptemberOnline

Expansion

AugustIntegration

JulyOnline

Expansion

JuneOfficialLaunch

Promo

Seller

6

“Very Close to You”

CONVENIENCE STORES - LOCAL

6

+ 11 new stores6 in SP5 in RJ

arrived in

São Paulo

Pricing+sales

+margin+profit

7

PLATAFORMA DE SERVIÇOS: +AQUI

+34%# transactions

(vs. 3TQ7)

1.8 MM# issued cards

SERVICES PLATFORM: +AQUI

7

80%of reduction in card issuance

time

NEW PARTNER

Theft or RobberyInsurance

EXCLUSIVITY

NintendoSwitch Games

DIGITALISATION

IntegratedPlatform

LOJAS AMERICANAS CARD

8

MARCAS PRÓPRIAS

Our Brands

PRIVATE LABEL

8

Brink Mais TV Youtube channel launch

+ 6 K different itemssold in 15 private label

3Q18 - B2W RESULTS

TOTAL GMV(R$)

3,623 MM +23.7%

MARKETPLACE GMV(R$)

1,890 MM +64.5%

MARKETPLACE(% Total GMV)

52.2%+13.0 p.p.

MARKET SHARE (%)

29.1% +3.7 p.p.

SELLER BASE (# Sellers)

18.8 K+3.4 K (vs. 2Q18)

B2W ENTREGA(# Sellers)

15.0 K+3.7 K (vs. 2Q18)

9

CASH GENERATION (CONSUMPTION) – 3Q18

Evolution of 31% in cash generation in the 3Q18, totaling a generation of R$ 58 MM in the 3Q18

Cash Generation (Consumption) (R$ MM)

10

+44

-362

-1,146

-477

1Q17 1Q18 2Q17 2Q18 3Q17 3Q18

-34

+R$ 14 MM

+58

509

11

Lojas in B2W’s Marketplace

All Brazil untilthe end of the

year

Click & Collect

Unique modelwith presenceall over Brazil

Click & CollectNow

All stores until the end ofthe year

020 – ONLINE TO OFFLINE

Presence in all states ofthe South and

Southeast regions

Currently in +1,000 stores

vs. 580 in 2Q18

11

Currently+1,000 stores

vs. 10 in 2Q18

@

12

As Melhores da Dinheiro– IstoÉ Dinheiro

ReputationPulse – Reputation Institute

Empresas Mais – Estadão

AWARDS AND RECOGNITIONS

13

120 Maiores Empresas do Varejo Brasileiro - IBEVAR

Prêmio Socioambiental Chico Mendes – Instituto

Chico Mendes

Reclame Aqui - Época

Investor Relations Team

http://ri.lasa.com.br/eninvestidores@lasa.com.br

Tel.: + 55 (21) 2206-6001

14

3Q18 RESULTS CONFERENCE CALL AND WEBCAST