At a Glance

• Founded by Sol and Robert Price (founders of The Price Company, which later merged with Costco). PriceSmart became a separate publicly traded company in 1997 with assets that were contributed from Costco to Price Enterprises in 1994 and later from Price Enterprises to PriceSmart.
• The only operator of membership warehouse clubs in Central America, the Caribbean, and Colombia serving over 3 million cardholders.
• 56 warehouse clubs in 12 countries and one U.S. territory (ten in Colombia; nine in Costa Rica; seven each in Panama and Guatemala; five in Dominican Republic; four each in Trinidad and El Salvador; three in Honduras; two each in Nicaragua and Jamaica; and one each in Aruba, Barbados and the United States Virgin Islands). In addition, the Company plans to open one new warehouse club in La Romana, Dominican Republic in the spring of 2026, and one warehouse club in each of Montego Bay and South Camp Road, Jamaica in the summer and fall of 2026, respectively. Once these three new clubs are open, the Company will operate 59 warehouse clubs.
• The Company is continuing to advance its planned expansion into Chile, which has been identified as a potential market for multiple PriceSmart warehouse clubs. As part of this initiative, the Company has appointed a country general manager and entered into an executory agreement for a potential site for a new warehouse club in Chile. The Company has also hired local consultants to help in this process. However, opening PriceSmart warehouse clubs in Chile remains subject to finding appropriate sites for warehouse clubs and distribution facilities, the results of continuing market analyses and the receipt of required governmental permits, among other uncertainties.
• Differentiated warehouse retail model focused on driving Membership value through a carefully curated merchandise selection that is sourced both globally and locally and leverages our purchasing power and efficient supply chain.
• PriceSmart is focused on driving growth through new real estate, both clubs and distribution centers; enhancing Membership Value with wellness services that include optical, pharmacy, audiology and private label; driving incremental sales through digital channels that include pricesmart.com and by offering an exciting treasure hunt experience for exceptional merchandise.

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