IBERSOL | Annual Report 2020

Consolidated Financial Performance Losses in sales in restaurants located in Angola are expressed in local currency. This market was the least affected by the pandemic outbreak. In this context, the monthly evolution of sales by segment illustrates the impact of the two waves of the pandemic which occurred during 2020, in March and towards the end of October: % Operating own stores Mês Portugal Spain Angola April 36% 6% 60% May 78% 24% 100% June 94% 53% 100% July 95% 62% 100% August 98% 71% 100% September 98% 70% 100% October 98% 67% 100% November 98% 73% 100% December 98% 76% 100% jan feb mar apr may jun jul aug sept oct nov dec Monthly sales evolution by segment vs 2019 40,0% 20,0% 0,0% -20,0% -40,0% -60,0% -80,0% -100,0% -28,6% -75,8% -75,6% -10,7% -39,9% -26,5% -2,9% 8,4% -16,8% -13,2% -29,9% -5,6% -26,3% -62,6% -51,6% -40,36% -33,2% -80,3% -43,5% Restaurants Concessions & Catering Counters -71,8% -45,5% -73,5% -43,7% -55,3% -98,7% -97,7% -50,3% -77,5% -73,3% -80,3% -94,6% 24