Slide 1: 3Q24 Earnings Report
3Q24 EARNINGS REPORT November 2024
Slide 2: Agenda
AGENDA 1 HIGHLIGHTS OF THE QUARTER 2 LIQUIDITY AND DEBT POSITION 3 3Q24 CONSOLIDATED RESULTS
Slide 3: Agenda
AGENDA 1 HIGHLIGHTS OF THE QUARTER 2 LIQUIDITY AND DEBT POSITION 3 3Q24 CONSOLIDATED RESULTS
Slide 4: Highlights of the Quarter: Power Plants Operation
1| HIGHLIGHTS OF THE QUARTER 1. POWER PLANTS OPERATION Nehuenco CCGT Chacabuquito HP Major maintenance Out of service 4
Slide 5: Pipeline of Projects in Chile
1| HIGHLIGHTS OF THE QUARTER JARDÍN SOLAR 802 MW PV CELDA SOLAR 422 MW PV + 200 MW + 240 MW STORAGE STORAGE 2. PIPELINE OF PROJECTS IN CHILE INTI PACHA 1, 2 & 3 925 MW PV + 400 MW STORAGE PAPOSO HORIZONTE 800 MW 816 MW + 180 MW DIEGO DE ALMAGRO ✓ The Company decided to suspend Paposo Pump 200 MW STO
Slide 6: Subsequent Events: M&A
1| HIGHLIGHTS OF THE QUARTER SUBSEQUENT EVENTS M&A - ILAP PEC III US$99 mm will be sold US$70 mm US$403 mm First sale Transaction price San Juan Totoral 193 MW 46 MW US$21 mm will be sold US$11 mm First sale 6
Slide 7: Agenda
AGENDA 1 HIGHLIGHTS OF THE QUARTER 2 LIQUIDITY AND DEBT POSITION 3 3Q24 CONSOLIDATED RESULTS
Slide 8: Liquidity and Debt Position
2| LIQUIDITY AND DEBT POSITION BALANCE SHEET RATIOS DEBT PROFILE Gross US$2.1 bn Gross Debt/ 3.3x Average 3.8% Debt EBITDA interest rate Financial US$0.9 bn Net Debt/ 1.8x Average 5.3 Investments EBITDA life years AMORTIZATION STRUCTURE (US$ million) 700 600 600 Fenix 500 500 500 Colbun 400 300 200
Slide 9: Agenda
AGENDA 1 HIGHLIGHTS OF THE QUARTER 2 LIQUIDITY AND DEBT POSITION 3 3Q24 CONSOLIDATED RESULTS
Slide 10: Markets Update
3| 3Q24 CONSOLIDATED RESULTS MARKETS UPDATE MARGINAL COST DEMAND GROWTH HYDRO CONDITIONS US$43/MWh 1.5% 63% Alto Jahuel 3Q24/3Q23 Exceedance probability MARGINAL COST DEMAND GROWTH HYDRO CONDITIONS US$32/MWh 2.9% 19% Santa Rosa 3Q24/3Q23 Exceedance probability 10
Slide 11: Physical Sales and Operating Income
3| 3Q24 CONSOLIDATED RESULTS PHYSICAL SALES AND OPERATING INCOME CONSOLIDATED OPERATING US$384 million INCOME -22% Q/Q Sales Volume (GWh) 3Q24 3Q23 QoQ Sales Volume (GWh) 3Q24 3Q23 QoQ Regulated Clients 264 695 (62%) Regulated Clients 275 476 (42%) Unregulated Clients 2.253 2.279 (1%) Unregulated Cl
Slide 12: Total Generation and Raw Materials and Consumables Used Costs
3| 3Q24 CONSOLIDATED RESULTS TOTAL GENERATION & RAW MATERIALS AND CONSUMABLES USED COSTS CONSOLIDATED RAW MATERIALS US$173 million AND CONSUMABLES USED COSTS -24% Q/Q Generation (GWh) 3Q24 3Q23 QoQ Generation (GWh) 3Q24 3Q23 QoQ Hydraulic 1.915 2.428 (21%) Thermal - Gas 1.181 1.197 (1%) Thermal 677
Slide 13: EBITDA Comparison
3| 3Q24 CONSOLIDATED RESULTS EBITDA COMPARISON CONSOLIDATED US$170 million EBITDA -25% Q/Q US$ million 250 200 177 (67) 150 19 147 (18) 41 (5) 100 50 0 3Q23 Regulated Tolls Others Spot Balance Gas Consumption 3Q24 Customers Sales US$ million 49 (17) 40 (16) 30 7 23 20 (1) 10 0 3Q23 Regulated Custome
Slide 14: Net Income Comparison
3| 3Q24 CONSOLIDATED RESULTS EBITDA COMPARISON CONSOLIDATED US$83 million NET INCOME -34% Q/Q Non-Operating Income (Loss) 3Q24 3Q23 QoQ Net Income (US$ million) 3Q24 3Q23 QoQ (US$ million) Profit (Loss) Before Taxes 108 176 (39%) Financial Income 13 18 (29%) Income Tax Expense (25) (51) (52%) Financ
Slide 15: Consolidated Cash Flow
3| 3Q24 CONSOLIDATED RESULTS CONSOLIDATED CASH FLOW US$906 US$23 US$18 US$947 million million million million Beg. of Period 3Q24 Cash Flow Exchange End of 3Q24 Rate Changes OPERATING ACTIVITIES FINANCING ACTIVITIES INVESTMENT ACTIVITIES US$151 million -US$47 million -US$81 million -60% Q/Q +4% Q/Q
Slide 16: Disclaimer & Contact Information
DISCLAIMER & CONTACT INFORMATION ✓ This document provides information about Colbun S.A. In no case this document constitutes a comprehensive INVESTOR RELATIONS analysis of the financial, production and sales situation of TEAM CONTACT the company ✓ To evaluate whether to purchase or sell securities o
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