Mission Statement, Vision, & Core Values (2026) of Jerónimo Martins, SGPS, S.A.

From a footprint spanning Portugal, Poland, Slovakia and Colombia to a network of over 6,100 stores, Jerónimo Martins, SGPS, S.A. (ticker JMT.LS) blends scale and purpose as it delivers everyday food solutions through banners like Pingo Doce and Biedronka; in 2024 the group reported revenues of €33.464 billion with a net income of €599 million, supporting a workforce of approximately 139,907 people who drive a strategy rooted in affordable, healthy and safe food, respect for stakeholders, and measurable commitments to sustainability-combatting climate change, deforestation and pollution while boosting recycling, biodiversity preservation and responsible sourcing; guided by a vision to democratize access to quality products, reinforce market leadership, and provide consistent returns to investors, the company's core values-"We raise the bar," "We count on each other," and "We believe in doing the right thing"-underscore an uncompromising stance on ethics, anti‑corruption, diversity and inclusion as it pursues innovation, community engagement and long‑term value creation

Jerónimo Martins, SGPS, S.A. (JMT.LS) - Intro

• Presence: Portugal, Poland, Slovakia, Colombia
• Stores: Over 6,100 outlets across all operations
• Employees: Approximately 139,907 people
• Stock listing: Euronext Lisbon - ticker JMT.LS
• 2024 financials: Revenue €33.464 billion; Net income €599 million

Mission

• Deliver consistent product quality and competitive pricing
• Ensure availability and convenience across formats
• Create value for stakeholders through operational excellence

Vision

• Expand responsibly in high-potential markets
• Lead in customer experience and retail innovation
• Be a reference for sustainable retail practices

Core Values

• Customer focus - prioritizing fresh quality, price fairness and convenience
• Integrity and transparency - ethical sourcing, compliance and governance
• People development - investing in employee training, safety and well‑being
• Sustainability - reducing environmental footprint and promoting responsible sourcing
• Entrepreneurship and efficiency - lean operations, strong cost control and fast decision-making

Strategic Focus Areas

• Sustainable growth: balancing market expansion with environmental and social responsibility
• Innovation: digital transformation, loyalty programs, fresh and private-label development
• Community engagement: local sourcing initiatives, charity partnerships and nutrition education
• Operational resilience: supply-chain optimization and cost discipline to protect margins

Jerónimo Martins, SGPS, S.A. (JMT.LS) - Overview

• Primary sectors: food retail (fresh and grocery), wholesale cash & carry, and related private label manufacturing.
• Geographic focus: Portugal, Poland and Colombia - with the largest footprint in Poland via the Biedronka chain.
• Stakeholder approach: respect for employees, suppliers, customers and communities; structured commitments to human rights, diversity and inclusion.

• Food safety & nutrition: continual investment in quality control, fresh supply chains and product reformulation to reduce salt, sugar and saturated fats in house brands.
• Access & affordability: pricing and assortment strategies aimed at keeping everyday food affordable for broad populations in operating markets.
• Environmental action: targets to reduce greenhouse gas emissions across operations, logistics and supply chains; increased recycling and reduced single‑use plastics in stores and packaging.
• Natural resources & biodiversity: supplier standards to curb deforestation and promote sustainable sourcing of key commodities (e.g., palm oil, soy, fish).
• Human rights & inclusion: supplier code of conduct, training programs, and internal policies to uphold labor standards, non‑discrimination and diversity in recruitment and career progression.

• Sourcing policies and supplier audits to ensure compliance with environmental and social requirements.
• Private label development to control nutrition profiles, cost and sustainability features of high‑volume SKUs.
• Logistics and store efficiency programs to cut food waste, energy use and transport emissions.
• Community engagement and nutrition education initiatives to encourage healthier diets.

• Reduction targets: progressive CO2 reduction commitments for operations and distribution fleets, with increases in renewable energy use at store and DC level.
• Packaging & waste: roll‑out of recyclable and reduced‑plastic packaging in private labels; in‑store recycling points and food‑waste prevention measures.
• Biodiversity & sourcing: traceability programs for key commodities and supplier engagement to eliminate deforestation risks.
• Social impact: thousands of supplier audits annually and continued investments in employee training and safety programs.

Jerónimo Martins, SGPS, S.A. (JMT.LS) - Mission Statement

• Democratize access to quality products and food solutions through affordable, accessible formats and private-label innovation.
• Reinforce and expand leadership positions in Portugal, Poland and Colombia, adapting formats to local needs.
• Continuously assess and reduce the business' environmental and social impact across supply chains.
• Invest in people: become a benchmark employer that improves the lives of employees and their families.
• Deliver consistent investor returns via disciplined cost management, scale advantages and strong market positions.

• Consumer-centric value proposition: low prices, quality private labels, fresh food leadership.
• Operational excellence and scale: logistics, category management, store productivity.
• Sustainable value creation: circular practices, supplier partnerships and social programmes.
• People development: training, career paths and workplace safety.

• Private label expansion to offer affordable quality alternatives while protecting margins and consumer choice.
• Investment in cold‑chain, distribution centres and store refurbishments to secure fresh food leadership and reduce waste.
• Social programmes and employee benefits targeted at improving livelihoods in local communities and across the workforce.
• Regular measurement and reporting of environmental and social KPIs to align operations with long‑term sustainability goals.

Jerónimo Martins, SGPS, S.A. (JMT.LS) - Vision Statement

• We raise the bar - continuous improvement in assortment, price/value proposition, store experience and supply chain efficiency to exceed customer expectations.
• We count on each other - cross-functional collaboration, talent development and knowledge sharing across markets to scale best practices rapidly.
• We believe in doing the right thing - ethical decision-making, respect for human rights, and community engagement embedded in daily operations.

• Zero tolerance for corruption or fraud: strict enforcement of the Code of Conduct and Anti‑Corruption Policy across all subsidiaries.
• Respect for law and human rights: commitments to honesty, integrity, diversity and inclusion in recruitment, workplace treatment and supplier relationships.
• Culture of recognition: celebrating operational and commercial successes to sustain motivation and retention.