Grupo Energia Bogota S.a. E.s.p · BVC:GEB
Grupo Energia Bogota S.a. E.s.p — TGI (Transportadora de Gas Internacional) — Q2 2026 Earnings Presentation
21 slides from Grupo Energia Bogota S.a. E.s.p's earnings presentation, Aug 13, 2026
Slide 1: Presentation of TGI 2Q2026 Results
Presentation of TGI 2Q2026 Results August 13, 2026
Slide 2: Index
01 Key Highlights 02 Context Analysis Operational and 03 Commercial Performance 04 Financial Performance INDEX
Slide 3: Jorge Andrés Henao, TGI General Manager
Jorge Andrés Henao TGI General Manager
Slide 4: Key Highlights: Financial Performance as of 2Q2026
Figures in COP billions 01 Key Highlights Reduction in 2Q26 vs 2Q25 revenue due to the application of the 10.94% WACC and adjustments to transportation service contracting in line with gas supply, mainly affecting industrial demand. Financial Performance as of 2Q2026 Revenue Ebitda @COP 446.8 billio
Slide 5: Key Highlights: Net Income and Financial Expenses
Figures in COP billions 01 Key Highlights Net Income decreased due to lower operating income and a lower non-operating net result, mainly driven by higher financial expenses resulting from the increase in IBR. Financial Performance as of 2Q2026 Net Financial Expenses Net Income COP 112.6 billion @CO
Slide 6: Regulatory Pillar
01 Regulatory Pillar 5 years without tariffs following the issuance of the new Methodology in Nov/2021 ✓ Hearing for ✓ CREG and MME Issuance of CREG Resolution COP 19 billion Substantiation Meetings with Tariffs Impact to Date • Satisfactory Expert • Proposals on • CREG issued an Order for Evidence
Slide 7: Efficiency Pillar
01 Efficiency Pillar We maintain an efficiency program aimed at improving results and offsetting the loss of revenue. • Opex • Capex For 2026, we made an additional effort to offset contingencies and improve results: Capex optimization by prioritizing the most relevant projects to ensure reliability
Slide 8: Expansion Pillar: Commercial Action Plan
6.01Avance Plan de Acción Comercial Expansion Pillar The commercial plan seeks to recover industrial demand, serve thermal generation requirements, and secure new gas sources for the SNT. Engagement with market participants and contractual flexibility are being maintained. If these opportunities mat
Slide 9: Expansion Pillar
01 Expansion Pillar We are moving forward with the management of IPAT projects nearing completion of UPME's evaluation process, as well as VUN projects, which are relevant to ensuring supply and operational continuity in response to the country's needs. Regulatory Process Stage Guajira LNG Storage a
Slide 10: TGI is moving forward in 2026 amid challenges
TGI is moving forward in 2026 amid challenges arising from the loss of firm capacity and medium- and long-term availability of natural gas, which is affecting contracted transportation capacity.
Slide 11: Impact on TGI from Changes in the Natural Gas Market Context
02 Impact on TGI from Changes in the Natural Gas Market Context
Slide 12: Gas reserves declined 31% over the past 5 years
Reserves have declined by 31% over the past 5 years, leaving less than 6 years of proven reserves. Import, regasification, and field development projects are essential to supplying the gas required to meet demand. Natural Gas Reserves – Useful Life 2025 Natural Gas Balance in Colombia: Production vs
Slide 13: Industrial demand in the interior most affected
Industrial demand in the interior of the country has been the most affected, given the deficit, the lack of firm supply, and the competitiveness of imported gas. Firm Contracting – National Industrial Sector 2025–2026 Precios de gas natural de producción nacional vs importado -40.5% LPG 406 403 403
Slide 14: Significant gas imports will be necessary
The uncertainty surrounding domestic production projects confirms that significant gas imports will be necessary in the coming years. Announced Import Projects with the Highest Probability 2 Guajira Regasification Facility – 250–400 MPCD: Guajira TGI • COD 1Q-2028. SPEC • Chuchupa Entry – Connection
Slide 15: Guajira Regasification Facility Advancing Toward Commercial Closing
The Guajira Regasification Facility Is Advancing Toward Commercial Closing Gas Supply for All Colombians 15 Months After FID 250 - 400 MPCD FSRU for Regasification. Chuchupa • Connection to both SNTs. 260 MPCD from COD: Ballena–Barranca capacity to the interior. Field • Use of existing Hocol and TGI
Slide 16: Beatriz Arbeláez, Chief Financial Officer
Beatriz Arbeláez Chief Financial Officer 16
Slide 17: Operational and Commercial Performance
Operational and Commercial Performance 03 Lower revenue in 2Q26 vs 2Q25 due to the application of the 10.94% WACC and the reduction in transported volume resulting from lower industrial demand, partially offset by higher revenue associated with IPAT projects, increased contracting with a variable an
Slide 18: Financial Performance
Financial Performance 04 Lower net income in 2Q26 vs 2Q25 due to a reduction in operating income and non-operating net results, driven by higher financial expenses and lower financial income, equity in associates, and net foreign exchange results, partially offset by lower income tax expense. Operat
Slide 19: Financial Performance: Debt Profile
Financial Performance 04 Reductions in the interest rate spread on the “Club Deal” credit facility, together with prepayments and the extension of the maturity to 2032, have improved the debt profile and its financial indicators. The weighted average cost of debt increased slightly due to the increa
Slide 20: IR Financial Team
IR Financial Team ir@geb.com.co www.tgi.com.co www.grupoenergiabogota.com/inversionistas Beatriz Arbeláez Diana Ferro Juan Pacheco TGI CFO TGI Financial Planning and Control TGI Markets Advisor Manager +57 (1) 3138400 +57 (1) 3138400 +57 (1) 3138400 @ beatriz.arbelaez@tgi.com.co @ Diana.ferro@tgi.co
Slide 21: Legal Notice
Legal Notice This presentation may contain statements related to Section 27A of the Securities Act of 1933, as amended (the “Securities Act”), and Section 21E of the Securities Exchange Act of 1934, as amended. Such forward-looking statements are only predictions and are not guarantees of future per
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