Slide 1: Investor presentation August 2025
Investom August 2025
Slide 2: Disclaimer
Disclaimer Additional information about Central Puerto can be found in the Investor Support section on the website at www.centralpuerto.com. This presentation does not contain all the Company's financial information. As a result, investors should read this presentation in conjunction with Central Pu
Slide 3: Company overview - Central Puerto
Company overview - Central Puerto Established in 1992 as a privately-owned company, our shares are listed on the Buenos Aires Stock Exchange (BYMA) under the regulatory framework of the CNV (Argentina’s Securities Commission), and on the New York Stock Exchange (NYSE) under U.S. SEC regulations (sin
Slide 4: Central Puerto at a glance
Central Puerto at a glance Company’s highlights DD Assets tult Installed capacity” projected for 2027 +7,300 MW in17 plants 71% 21% Thermal/To Hydro/Total +600 MW New thermal & renew. assets 4,346 MW 1.440 MW +205 MW Spot Thermal Spot Hydro Contracted Wind awarded in L ase mw L105 mw Battery Energy
Slide 5: 500.0 120% 450.0 110% 400.0 100% 350.0 90% 300.0 250.0 80% 00.0 70% 150.0
500.0 120% 450.0 110% 400.0 100% 350.0 90% 300.0 250.0 80% 200.0 70% 150.0 60% 100.0 50% 50.0 0.0 40% 350 1.2x 300 1.0x 250 0.8x 200 0.6x 150 0.4x 100 50 0.2x 0 0.0x
Slide 6: Leading and reliable operational performance
Leading and reliable operational performance Annual generation volumes Annual generation volumes Installed capacity <in GWh) Market share (in %) Market share (in %) 2Q25 LTM As of 2Q25 Central Puerto both in annual the leading electricity generator in the countt 1n volume and installed capacity. 21,
Slide 7: Disciplined and agile growth of installed capacity
Disciplined and agile growth of installed capacity (1992-2000) Central Puerto & Puerto Nuevo” (1994) Piedra del Aguila (2017) Lujan de Cuyo thermal facility + mini hydro. 3,667 Installed capacity owt Central Puerto Installed capacity (2018) Lujan de Cuyo CC (95 Mw) (2019) Brigadier Lopez (291 MW) Wi
Slide 8: Asset overview
Ma NEY, SS 2025 LTM generation was 21,205 GWh in our 14 power plants, which represented 17% of market share (total SAD!) and 20% (private Gencos). In 2025 we added 2 solar plants San Carlos and Cayafate. With these additions and the closing of the CC of Brigadier Lopez, our assets add up to 6,938 MW
Slide 9: Projects overview - delivering growth
. . oo, q Projects overview - delivering growth y Ongoing US$ 520 MM capex plan | 7) ) Energy generation projects in progress Project Brigadier Lopez San Carlos Alamitos Cafayate (M&A) A For the closing of CC, will add 140 MW Installed capacity to reach 421 MW. 15 MW 130-150 MW 80 MW Technology Ther
Slide 10: Central Puerto strategy expected to drive continued growth
Central Puerto strategy expected to drive continued growth SA Backed by strategic and discipline use of capital 1 Ongoing projects fully funded by operating cash flow 2025-2026: + 140 MW thermal Brigadier + 15 MW solar plant San + 130-150 MW Alamitos Lopez combined cycle Carlos plant (+90% wind proj
Slide 11: Central Puerto strategy to value growth
Central Puerto strategy to value growth EBITDA-focused growth from top-earning MW. Ongoing projects and announced regulatory updates: + Renewable projects: San + Carlos (4Q2025 to add EBITDA since 2026), Cafayate MM since 425, and Alamitos (2H 2027) for total US$ -40 MM, . + Brigadier Lopez (42025)
Slide 12: Regulatory updates (August 2025)
Regulatory updates (August 2025) Ss Regulatory outlook defined by the National Guidelines for the system normalization (August 2025): The new market outlooks stablished by the guidelines released by the National Administration in January 2025 (24-month timeframe): 1. Gradual changes to re-introducin
Slide 13: Strong balance sheet and financial flexibility
Strong balance sheet and financial flexibility 06/30/2025 Net debt snapshot Financial multiples (US$ MM) oO Current financial debt - Outstanding Corporate Bonds 50.0 2Q 2025 net debt / annualized adj. EBITDA 04x Current financial debt - Other 103.2 Non-current financial debt - Outstanding Corporate
Slide 14: Additional information
Slide 15: Electricity market overview (2Q2025) - Argentina
Electricity market overview (2Q2025) - Argentina Total installed capacity (MW) 43,661 43,554 43,602 Renewable m™Nuclear mHydro mThermal 2025 1025 2024 Addition and eliminations of total installed capacity: Thermal: (224) MW Hydro: (1,195) MW* Wind: +637MW Solar; + 423MW Biomass: + 37 MW Biogas: +3MW
Slide 16: Financial data as of June 30th 2025
Financial data as of June 30th 2025 Income statement (quarterly) Adjusted EBITDA reconciliation (quarterly) tees tes 202025 102025 202024 a/a MK v/y Gin USS MM) 20251025, 2024 Income Statement Net income for the period 72 804 7 Revenues W796 1962 168.5 8% ™ Gain (loss) on net monetary position 34 10
Slide 17: Consistent positive EPS
Consistent positive EPS Dividends distributed 2022-2024 (US$/ADR) 0.21 oe 008 — Last 3 years Summarized Income & financial 2022 2023««2024-—S 2a25 statement (in US$ MM) u™ Income Statement Revenues 566.1 536.9 6713 7288 Cost of Sales -298.4 -359.4 -407.2 -459.5 Gross Income 267.7 W775 264.2 269.3 Op
Slide 18: Largest private forestry asset owner across +160,000 hectares
Largest private forestry asset owner across +160,000 hectares About Forestal Argentina: Geographic footprint of forestry asset We own and operate +160,000 hectares across 8 fields through our fully-owned subsidiary Forestal Argentina. Our fields are y located in the Mesopotamia, Argentina, across Mi
Slide 19: Flexible corporate venture capital opportunities in mining and lithium
Flexible corporate venture capital opportunities in mining and lithium Lithium investment thesis: Flexible, low-exposition, potential high-return corporate venture capital. Catamarca has a world unique geology and favorable business environment. The province is part of the Lithium Triangle, home lit
Slide 20: Non-controlling interest in three thermal plants
Non-controlling interest in three thermal plants Total capacity installed in combined cycle plants of 2,554 MW and total annual generation of 823.5 GWh in 2024 (at working interest). San Martin Manuel Belgrano Vuelta de Obligado Installed capacity: 865 MW Installed capacity: 873 MW Installed capacit
Slide 21: ~70 km from 500 kv transmission line
~70 km from 500 kv transmission line
Slide 22: Strong corporate governance foundations
Strong corporate governance foundations Corporate governance framework Our corporate governance frameworkis built on internationally recognized best practices and guided by strict standards of transparency, efficiency, ethics, investor protection, and equal treatment of shareholders. Our Corporate G
Slide 23: Glossary of terms
Glossary of terms BCRA Argentine Central Bank BYMA Bolsas y Mercados Argentinos - Argentine stock exchange. CAPEX Capital Expenditures conv Comisién Nacional de Valores - Argentina's securities regulator. cocs Cost of goods sola, EPs Earnings per share - Net income divided by the number of shares. I
Slide 24: Contact details
Website *, E-mail Phone Headquarters location Follow us on Linkedin. www.centralpuerto.com ~~ inversores@centralpuerto.com = £5411 4317 5000 Av. Tomas Alva Edison 2701, Dock E, City of Buenos Aires Port, Central Puerto Lujan de Cuyo plant