Why invest in Ripley?

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2 Why invest in Ripley?

3 Why invest in Ripley?

4 Financial information as of Sept CLP/USD: 504.2

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8 Ripley Corp Ripley Corp Ripley Chile Ripley Financier o Ripley Perú Ripley Colombia Ripley Chile Ripley Perú Ripley Colombia Retail CH CAR (Ripley Card) Banco Ripley CH Retail PE Banco Ripley PE Retail CO Cia. Fin. CO Retail CH Banco Ripley CH Retail PE Banco Ripley PE Retail CO Cia. Fin. CO CAR (Ripley Card)

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10 Credit Card Ranking Consumer Loan Ranking Institutions Total Consumer Consumer Loans MM $ Credit Cards Others % Consumer Net Income Ranking Institutions Jan2014 Net Income bruto MM$ 1 1 Banco Santander-Chile ,8% 1 Banco de Chile Banco de Chile ,3% 2 Banco Santander-Chile Banco Ripley ,8% 3 Banco de Crédito e Inversiones Banco de Crédito e Inversiones ,2% 4 Corpbanca Corpbanca ,6% 5 Banco del Estado de Chile BBVA ,0% 6 Scotiabank Chile Banco Itaú Chile ,9% 7 BBVA Banco del Estado de Chile ,0% 8 Banco Bice Scotiabank Chile ,4% 9 Banco Security Banco Security ,6% 10 Banco Itaú Chile Banco Bice ,6% 11 Banco Ripley Banco Falabella ,8% 12 Banco Consorcio Banco Paris ,5% 13 Banco Falabella Banco Consorcio ,4% 14 JP Morgan Chase Bank, N.A Banco Internacional ,1% 15 Deutsche Bank (Chile) HSBC Bank (Chile) ,0% 16 Banco Paris Banco de la Nación Argentina ,0% 17 HSBC Bank (Chile) Banco do Brasil S.A ,0% 18 Banco Internacional Banco Penta ,0% 19 The Bank of Tokyo-Mitsubishi Deutsche Bank (Chile) ,0% 20 Banco Penta JP Morgan Chase Bank, N.A ,0% 21 Banco de la Nación Argentina Rabobank Chile ,0% 22 Banco do Brasil S.A The Bank of Tokyo-Mitsubishi ,0% 23 Rabobank Chile Chilean Banking Industry ,0% Chilean Banking Industry

11 Institutions ROE% Institutions ROA % 1 Banco de Chile 29,71 1 Banco Ripley 6,04 2 Banco Santander-Chile 25,45 2 JP Morgan Chase Bank, N.A. 4,29 3 Banco Ripley 23,97 3 Banco Paris 3,16 4 Banco de Crédito e Inversiones 23,57 4 Banco Consorcio 2,67 5 Banco Consorcio 20,82 5 Banco de Chile 2,64 6 Banco Paris 19,99 6 Banco Santander-Chile 2,16 7 Banco Bice 18,45 7 Banco de Crédito e Inversiones 1,79 8 Scotiabank Chile 17,01 8 Scotiabank Chile 1,54 9 Banco Security 16,94 9 Deutsche Bank (Chile) 1,43 10 Banco Falabella 16,74 10 Banco Bice 1,35 11 Deutsche Bank (Chile) 13,17 11 Banco Falabella 1,30 12 Corpbanca 12,28 12 The Bank of Tokyo-Mitsubishi 1,18 13 BBVA 11,90 13 Corpbanca 1,16 14 JP Morgan Chase Bank, N.A. 11,35 14 Banco Security 1,15 15 Banco del Estado de Chile (2) 11,25 15 Banco de la Nación Argentina 0,97 16 HSBC Bank (Chile) 8,76 16 BBVA 0,74 17 Banco Itaú Chile 7,50 17 Banco Itaú Chile 0,67 18 Banco Internacional 6,21 18 HSBC Bank (Chile) 0,53 19 The Bank of Tokyo-Mitsubishi 4,97 19 Banco del Estado de Chile (2) 0,48 20 Banco Penta 1,68 20 Banco Internacional 0,39 21 Banco de la Nación Argentina 1,42 21 Banco Penta 0,25 22 Rabobank Chile -27,29 22 Rabobank Chile -1,88 23 Banco do Brasil S.A. -40,47 23 Banco do Brasil S.A. -10,81 Chilean Banking Industry 19,14 Chilean Banking Industry 1,52

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17 Note: numbers reflects company best estimates by the time of this presentation, but are not a guarantee of future performance and involve a number of risks and uncertainties including, but not limited to, the risks detailed in the company s financial statements, and the fact that actual results could differ materially from those indicated here.

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19 Partnership with Mall Plaza, the leader player in shopping malls in Latin America Equity book value in Ripley of these investments is US$ 426 million. Investment is concentrated in young shopping malls combined with projects under development and lands which are not generating results yet. Shopping malls already in operation have an ROE between 13% y 17 %.

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21 negative figures related to the opening of Colombia CLP/USD: 573,2

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23 5,412 4,485 m2

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25 Ripley Falabella Chile Cencosud Presto Hites La Polar Item sep-13 Anual Var sep-13 Anual Var sep-13 Anual Var sep-13 Anual Var sep-13 Anual Var sep-13 Anual Var Loan Portfolio MM$ ,5% ,8% ,6% ,1% ,1% ,5% Rewritten debt 10,1% -16,9% 6,4% 45,6% 9,5% 16,9% 7,3% -24,5% 22,2% -8,9% 20,3% -38,3% Provision / Loans 12,5% -5,1% 4,1% -19,4% 7,8% -2,5% 6,3% -21,4% 13,7% -2,3% 8,3% -60,7% Net Write-Offs (NWO) MM$ ,4% ,8% ,6% ,5% ,4% ,5% NWO / Loans (Anual) 8,3% -9,3% 5,0% -43,0% 10,2% -24,9% 11,3% -28,0% 23,1% -10,6% 10,0% -53,5% Net Coverage (provisión /NWO) 18,1 26,5% 8,2-4,4% 8,7 19,5% 5,8 13,9% 7,0-5,7% 7,9 39,9% 30 days delinquency 10,5% -7,5% 6,9% -24,5% 11,2% -10,5% 9,4% -23,9% 22,8% 0,6% 11,1% -26,6% 90 days delinquency (NPL) 4,4% -9,5% 2,6% -24,6% 4,9% -13,6% 4,5% -27,6% 10,9% -6,9% 4,6% -40,3% Number of clients ,8% ,3% ,7% ,4% ,2% ,3% Average debt per client $ ,7% ,5% ,1% ,7% ,2% ,5% Ripley is the only player that makes a significant provision on performing loans

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30 This presentation contains forward-looking statements, including statements regarding the intent, belief or current expectations of the Company and its management. Investors are cautioned that any such forward-looking statements are not guarantee of future performance and involve a number of risks and uncertainties including, but not limited to, the risks detailed in the company s financial statements, and the fact that actual results could differ materially from those indicated by such forward-looking statements.

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