| Capital Market Presentation | Third Quarter 2025 P. 2 Disclaimer and
Forward-Looking Information This presentation is for informational purposes only and does not constitute an offer or an invitation to allot or to purchase the Company's securities or to accept such offers, nor does it constitute advice,
recommendations or express an opinion on the feasibility of investing in the Company's securities The information provided herein does not supersede any independent review of an investor in accordance with her/his circumstances and
discretion. The data and information presented in this presentation are for summary purposes only and do not replace the need to review the company’s full public reports, including its periodic and quarterly financial statements. This
presentation may contain data or information presented differently from the way it appears in the reports published by the company to the public. In the event of any inconsistency between the summarized and general information in this
presentation and the detailed information in the company’s reports, the information in the company’s reports shall prevail. This presentation includes forward looking information (as defined in the Securities Law, 1968 and within the meaning
of the U.S. Private Securities Litigation Reform Act of 1995) that involve substantial risks and uncertainties and which includes, among other things, forecasts, assessments, estimates and other information relating to future events and or
matters, the realization of which is uncertain (as well as how they materialize) and is not under the control of the Company. All statements contained in this presentation other than statements of historical facts are forward looking
information and includes, inter alia, forecasts, targets, estimates, estimates and other information, based (inter alia and as appropriate) on the Company's management estimates (as of the date of publication of this presentation) and
statistical and public data and publications by external bodies and whose contents have not been checked by the Company and for which the Company is not responsible for their correctness. Further, certain forward-looking statements are based
on assumptions as to future events that may not prove to be accurate. The future events and trends may not occur and actual results, in whole or in part, may be realized differently than expected (and even substantially different) as a result
of, among other things, the realization of the risk factors that characterize the company and its activities and as a result of other external developments beyond the Company's control, including delays in the construction of the Company’s new
logistics center and the risk that its expected benefits will not materialize and inability to sustain improvements and growth in the future. The Company has no certainty that its expectations and assessments will indeed be realized, and the
results of the Company's operations may differ materially from the results estimated or implied by the foregoing, among others due to a change in any of the above-mentioned factors. More information about the risks and uncertainties affecting
the Company is contained under the heading "Risk Factors" in the Annual Report on Form 20-F filed with the Securities and Exchange Commission on March 17, 2025. The Company does not undertake to update the information set forth in this
presentation to reflect events and or developments that will occur after its publication.