Maynilad Water Services, Inc. · PSE:MYNLD
Maynilad Water Services — Q3 2025 Earnings Presentation
19 slides from Maynilad Water Services's earnings presentation, November 2025
Slide 1: Maynilad Water Services, Inc. Q3 2025 Earnings Conference
Maynilad Water Services, Inc. Q3 2025 Earnings Conference November 2025
Slide 2: Management Team Present Today
Management Team Present Today Ramoncito (Mon) S. Ricardo (Dickie) F. Christopher Jaime T. Fernandez de los Reyes Lichauco Chief Executive Officer Chief Finance Officer Chief Operating Officer Roel S. Lourdes Marivic (Bebette) Marie Angelique (Angel) L. Espiritu K. Punzalan-Espíritu Estrella Chief Su
Slide 3: Agenda
Agenda 1 Financial Overview Page 4 2 Operations Overview Page 9 3 Sustainability Highlights Page 15 2
Slide 4: Financial Overview
Section 1: Financial Overview
Slide 5: Financial Overview: Continuing Growth and Increasing Efficiency
Financial Overview Continuing Growth and Increasing Efficiency 9M 2024 9M 2025 % Increase/ • Revenue increased by 9.5% In PHP Mn In PHP Mn (Decrease) o Basic rate (R) adjustment of 8.0% effective Operating Revenue 25,245 27,653 9.5% January 1, 2025 Costs (8,581) (8,511) (0.8%) o Environmental charge
Slide 6: Financial Overview: Positive Trajectories
Financial Overview Positive Trajectories Revenue EBITDA and EBITDA Margin2 58% 64% 66% 66% 69% 33.5 +9.5% YoY 22.0 +14.9% YoY 27.3 27.7 25.2 19.1 22.9 17.5 16.7 13.2 2022 2023 2024 9M24 9M25 2022 2023 2024 9M24 9M25 Total Revenue (PHP Bn) EBITDA (PHP Bn) EBITDA margin (%) Net Income CAPEX Disburseme
Slide 7: Rapidly increasing Opening Cash Position drives growth of absolute return
Rapidly increasing Opening Cash Position (Regulated Return Base) drives growth of absolute return Interim Cash Position (negative in sign) since 2022 In PHPbn 162 Under its concession 144 agreement, Maynilad 125 earns a regulated 12% pre- tax return on its Opening 100 Cash Position (OCP) which has b
Slide 8: Debt Profile
Debt Profile Headroom to fund Peak CAPEX Spending and improving Dividend Payout Ratio Debt Profile Stringent Leverage Policy to Ensure Financial Sustainability … In PHPbn 93.6 Covenants by regulators and under existing debt1: 93.6 83.6 84.9 7% 83.6 84.9 6% 6% 2.33x Max debt (excl. Concession Fees) t
Slide 9: Operations Overview
Section 2: Operations Overview
Slide 10: Operations Overview: Focused NRW Reduction
Operations Overview Focused NRW Reduction Water Service Coverage Minimum 7-PSI Water Availability Non-Revenue Water (% of West Zone Population) (% of West Zone Population) (as of Period-end,%) 94.9% 90.1% 90.2% 94.8% 94.8% 86.7% 44.2% 80.4% 42.3% 94.6% 39.4% 32.8% 1 1 1 2022 2023 2024 3Q25 2022 2023
Slide 11: Overview of Capital Expenditures
Overview of Capital Expenditures Cumulative CAPEX Disbursements Upcoming Facilities In PHP Mn 70,353 51,777 CAMANA WRF 26,031 2023 2024 YTD 2025 TUNASAN WRF Planned Investments (2023 – 20271) Customer Water Sources Service and 25% Information 3% Wastewater MANILA NORTH WRF Treatment 34% NRW Operatio
Slide 12: Updates on Key Projects
Updates on Key Projects P3.43Bn P6.17Bn P3.53Bn P4.40Bn Wastewater Treatment NRW Management Operations Support Water Sources Program Program Program Program 32.8% NRW (as of end-Sep 2025) Modular Treatment Plants in Cavite 20MLD Tunasan WRF Anabu, Molino, and Julian La Mesa Lagoon Conversion Inaugur
Slide 13: Approved Business Plan Highlights
Approved Business Plan Highlights Operational & Financial Transition 2023 2028 2033 2047 Accelerated Investment Sustained Growth Grow water supply & ensure resiliency Complete Teresa Water Treatment Plant + 46km Increase water treatment & distribution capacity conveyance network (Kaliwa Dam-re
Slide 14: Dividend Policy
Dividend Policy Commitment to Shareholders The dividend policy is consistent with historical annual avg. dividend payout ratio in the last 4 years Total Dividends (In PHP bn) 62.7% 50.1% The Company maintains 61.3% an annual dividend payout policy equivalent to the higher of 50% 6.4 of its prior yea
Slide 15: Sustainability Highlights
Section 3: Sustainability Highlights
Slide 16: Clearly Defined ESG Aspirations from Both an Environmental and Social Perspective
Clearly Defined ESG Aspirations from Both an Environmental and Social Perspective CO2 Climate Neutrality Expanded Coverage Water Conservation Diversity and Inclusion Carbon Neutrality target by 95.1% Water coverage, 20% Total NRW by 2030 30% gender diversity by 2030 2037: 33% Sewerage coverage, and
Slide 17: First Company to be Granted the Philippine Green Equity Label
First Company to be Granted the Philippine Green Equity Label(1) S&P Climate Transition Assessment Summary Assigned Medium Green on Current Shade(2) S&P has assessed that Maynilad is aligned with the requirements for the Philippine “Green Equity” label set out in the Guidelines of Philippine Green E
Slide 18: Q&A
Q&A
Slide 19: Maynilad Water Services, Inc.
Maynilad Water Services, Inc. Maynilad Building, MWSS Compound, Katipunan Ave., Balara 1105 Quezon City, Philippines (+632) 8981-3310 investor.relations@mayniladwater.com.ph https://www.mayniladwater.com.ph/
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