Interconexion Electrica Sa Esp · BVC:ISA
Interconexion Electrica Sa Esp — Q1 2026 Earnings Presentation
21 slides from Interconexion Electrica Sa Esp's earnings presentation, May 2026
Slide 1: Important note
Presentation of quarterly results Important note ISA has prepared the following report for information purposes. The Company is not liable for any investment decision based on this report. Some statements contained herein reflect our current views with respect to future events and, therefore, are ba
Slide 2: ISA and its companies' earnings release 1Q26
ISA and its companies’ earnings release 1Q26
Slide 3: Agenda
Highlights Agenda Financial results Closing statements Q&A session
Slide 4: Important announcement
ISA reports that at Session No. 958, held on April 29 and resumed on May 4, 2026, the Board of Directors resolved as follows: 1. With the vote of the majority of its members, the Board of Directors decided that Gabriel Jaime Melguizo Posada will cease, as of this moment, to perform the duties of Int
Slide 5: Highlights
1 HIGHLIGHTS Patricia Castaño CEO (Interim) CONNECTIONS THAT INSPIRE
Slide 6: Projects energized for USD 92 M
Projects energized for USD 92 M Energization of the connection to the Atlántico Photovoltaic Solar Park, with an approved Capex of o 19 Reinforcements, USD 19 M (COP 71 B). improvements, and connections. Project to improve operational o Jacarandá Project, reliability of the Barrancabermeja refinery,
Slide 7: Consolidation of 100% of ISA Energía Brasil in IE Madeira
Consolidation of 100% of ISA Energía Brasil in IE Madeira With this transaction, ISA is adding one of ISA Energía Brasil signed a share purchase agreement with Axia Energía and Axia Energía Nordeste S.A. with the objective of the world's largest direct power divesting its stakes in IE Madeira and IE
Slide 8: Bids submitted and awarded
Bids submitted and awarded Submitted Bid ISA Energía Colombia expressed its interest in developing a package of urgent and essential works for the STN. Estimated Capex between Awarded bids USD 800 M and 1,000 M. 46 projects awarded for reinforcements, improvements and connections, with a reference C
Slide 9: Ruta del Maipo refinancing through sustainability-linked bonds
In line with its strategy to develop Sustainable Corridors, Ruta del Maipo arranged refinancing through the placement of sustainability-linked bonds. o In April, Ruta del Maipo executed a refinancing transaction by placing UF 15 million (~COP 2.4 trillion). o With an appetite of 1.7X, placement was
Slide 10: Investments of COP 1.5 T in 1Q26, up 10% vs 1Q25
Investments of COP 1.5 T in 1Q26 growing by 10% with respect to 1Q25 Capex Consolidated capex COP trillion by country and by business unit 1,9 Perú; 1,7 Colombia; 93% 1,6 5% 1,5 19% 1,4 1,3 1,1 1,1 1,0 4% COP 1.5 T 3% Chile; 17% 1Q24 2Q24 3Q24 4Q24 1Q25 2Q25 3Q25 4Q25 1Q26 Brasil; +10% 59% +50%
Slide 11: 2026-2030 investment plan for COP 29.7 T
2026-2030 investment plan for COP 29.7 T supporting the regional growth plan Investment plan1 Execution (COP trillion) Panamá 3% Chile 29.7 15% Colombia 7,5 6,8 35% 6,7 5,8 Perú COP 8% 29.7 T. 2,9 Brasil 39% 2026 2027 2028 2029 2030 80% 13% 5% 2% Projects under km of km of construction line2 roads 2
Slide 12: Infrastructure under construction
83,000 km 2030(p) • Networks of all companies (controlled + non controlled) 2026(p) 76,000 km • Networks of controlled companies 25 years ago, in February 2001, ISA was awarded its first project abroad ISA2040 57,000 km (393 km in Peru). TRANSMISSION investment [USD billions] 62,000 km Since then, I
Slide 13: Financial results
2 FINANCIAL RESULTS Jaime Falquez CFO CONNECTIONS THAT INSPIRE
Slide 14: Financial highlights
Solid operational performance. Impact of macroeconomic variables on financial results. Actual execution of investment commitments totaling COP 1.5 trillion in Q1 2026, a 10% increase compared to Q1 2025. Financial Active management of the debt portfolio, seeking to optimize highlights financing cond
Slide 15: Macroeconomic variables had a significant impact on the results
Macroeconomic variables had a significant impact on the results Average Exchange Rate Accumulated Inflation (%) Mar.26 vs. Mar.25 Var. (%) Mar. 25 Mar. 26 3,1 3.696 2,6 COP/USD -12% 2,0 1,9 2,0 4.190 1,4 1,0 1,0 1,0 0,9 0,8 0,6 703 0,1 0,2 COP/BRL -2% 716 IPP IPC PPI IGPM IPCA IPC PPI Var. 0,9 0,5 0
Slide 16: The financial results reflect solid operational performance
The financial results reflect solid operational performance - 9% (Amounts in COP billion) +2% 2.437 13% 2.176 19 47 4 2.220 261 26 EBITDA 3% EBITDA increases EBITDA decreases EBITDA 1T25 Conversión FX Rate y EBITDA 1T25 EBITDA 1T25 Nuevos New Rendimientos Profit y Co-controladas Co-controlled Otros
Slide 17: Strength in the financial situation of ISA and its companies
Strength in the financial situation of ISA and its companies (Amounts in COP trillion, as of March 30, 2026) Minority interest and Assets Liabilities ISA's equity equity (Does not include minority interest) + 2% Other 1% Peru; Colombia; 12% 21% $ 48,8 $ 47,8 COP 76.7 - 4% +1.0% + 3% $ 17,8 $ 17,1 Br
Slide 18: Efficient debt management to leverage investment projects
Efficient debt management to leverage investment projects Gross debt/EBITDA2 Decreases Increases 148 | -0.4% 3.6 x COP billion 1454 | - 0.4% 33.910 33.907 139 4 33.762 FFO/Net debt3 110 347 19.1% 3 51 ISA credit rating MOODY'S Baa2 Fitch Ratings BBB- Dic. 25 Efecto por Dic. 25 Brasil Colombia Perú C
Slide 19: The share performed positively, with a 14% increase this year
The share performed positively, with a 14% increase in value so far this year Daily Price and Volume | ISA Share Dec 30, 2024 – Apr 30, 2026 34. 000 80.0 00.00 0.000 70.0 00.00 0.000 32. 000 60.0 00.00 0.000 30. 000 50.0 00.00 0.000 28. 000 28.140 40.0 00.00 0.000 26. 000 30.0 00.00 0.000 24. 000 24
Slide 20: Closing statements
Solid performance, driven by the commissioning of new projects that generate additional revenues, as well as the incorporation of awarded projects.. Efficient execution of the investment plan, with projected investments to be carried out between 2026 and 2030 totaling USD 8 billion. Closing Financia
Slide 21: Q&A Thank you!
Q&A Thank you!
ISA (Interconexión Eléctrica S.A. E.S.P.) — Q1 2026 Earnings Presentation on 6ix