Gt Capital Holdings, Inc. · PSE:GTCAP
Gt Capital — Jefferies & Regis Partners Philippines Conference October 15, 2025
42 slides from Gt Capital's conference presentation, Oct 15, 2025
Slide 1: Investor Presentation: GT Capital First Half 2025 Financial and Operating Results
Investor Presentation GT Capital First Half 2025 Financial and Operating Results For more information, visit gtcapital.com.ph/investor-relations or contact IR@gtcapital.com.ph
Slide 2: Our Key Messages
Our Key Messages • Core businesses maintain strong growth momentum resulting in core net income Php18.1B +31% and reported net income Php18.4B +34%. • Metrobank strategic pivot towards consumer lending. • Federal Land/FNG shift to horizontal projects outside Metro Manila. • GTCAM expansion of dealer
Slide 3: Consolidated Financial Highlights
Consolidated Financial Highlights GT Capital First Half 2025 Financial and Operating Results
Slide 4: GT Capital Financial Highlights 1H 2025
GT Capital Financial Highlights 1H 2025 Core Net Php18.11 Billion 1H2025 +31% Income Php13.85 Billion 1H2024 Reported Php18.42 Billion1 1H2025 +34% Net Income Php13.78 Billion2 1H2025 1) Php398 M share in MPIC’s nonrecurring gains, offset by Php88 M effect of business combination 2) Php70 M effect o
Slide 5: Record High First Half Earnings in 2025
Record High First Half Earnings in 2025 Core Net 16.6 18.1 Income 1H 2025 13.9 7.1 8.1 +31% 3.2 5.8 vs. 1H 2024 1H 2019 1H 2020 1H 2021 1H 2022 1H 2023 1H 2024 1H 2025 Reported 16.6 18.4 Net Income 1H 2025 13.8 7.2 6.7 8.3 +34% 2.7 vs. 1H 2024 1H 2019 1H 2020 1H 2021 1H 2022 1H 2023 1H 2024 1H 2025
Slide 6: GT Capital Financial Highlights 1H 2025
GT Capital Financial Highlights 1H 2025 Revenues Revenues Gross Premium Share in Opr. Core Inc. Revenues Php77.6B +11% Php5.5B -20% Php16.7B +14% Php17.5B +18% Php135.6B +19% Net Income Net Income Net Income Core Net Income Net Income Php24.8B* +5% Php319M -59% Php1.5B -2% Php15.0B* +20% Php12.5B* +
Slide 7: GT Capital Net Income Contribution per Sector 1H 2025
GT Capital Net Income Contribution per Sector 1H 2025 Others Property Others Property 4% 5% 3% 2% Infra Infra 14% Auto 15% 24% Auto 33% Banking Banking 53% 47% 1H 2024 1H 2025 Banking + Auto = 77% Banking + Auto = 80% 7
Slide 8: Operating Company Highlights
Operating Company Highlights GT Capital First Half 2025 Financial and Operating Results
Slide 9: Metrobank Financial Highlights
<> Metrobank FEN GT CAPITAL a 1 * HOLDINGS INCORPORATED You're in good hands Thank youfor your trust Financial Highlights
Slide 10: Metrobank Financial Highlights 1H 2025
Metrobank Financial Highlights 1H 2025 MBT Loan Growth vs. GDP Growth MBT Gross Loans (%YoY) PH GDP (%YoY) Php 1.9T 14% 12% 15% 16% 17% 16% 13% 7% 9% 5% 6% 5% 6% 6% 6% 8% 4% -1% -8% -13% 2020 2021 2022 2023 3M24 6M24 9M24 FY24 3M25 6M25 Loan Growth Drivers Corp. & Mid-Mkt. %YoY +13% Credit Cards %Yo
Slide 11: Summary of Key Results
Summary of Key Results • Record Net Income of Php24.8B +5% and Pre-Provision Operating Profit of Php39.1B +16% in 1H 2025 • Loan growth of +13% to Php1.9T, in line with guidance of 1.5x to 2x of real GDP growth • Deliberate expansion of consumer segment +15%, driven by credit cards +18%, auto +18%,
Slide 12: Industry Highlights
eNGT CAPITAL |\EEDERAL LAND ae HOLOINGS NCORFORATED Industry Highlights
Slide 13: Metro Manila Residential Supply and Demand
Metro Manila Residential Supply and Demand 1H 2025 Residential Demand Mix Metro Manila Residential Condominium Supply and Demand High End Luxury (over Php12M) Launches (Supply) RFO (Supply) 1H Take-up (Demand) FY Take-up (Demand) Upscale (Php7-12M) 100,000 “Despite the improving financing conditions
Slide 14: Metro Manila Office Supply and Demand
Metro Manila Office Supply and Demand 1H 2025 Metro Manila Office Supply, Demand, Vacancy Rate Office Demand Mix BPO POGO Office Supply (Incremental) Office Take-up (Incremental) Vacancy Rate (Cumulative) Traditional Government 15.7% 18.8% 19.3% 19.8% 18.0% 3% 1.20 1.07 1.12 740K 1.00 0.98 48% sqm 4
Slide 15: Residential Supply and Demand South of Metro Manila
Residential Supply and Demand South of Metro Manila 1H 2025 - Leechiu Property Consultants 7,400 Total Open Lots Riverpark 972 Total Remaining Open Lots Equivalent to Meadowcrest Php27B Source: Leechiu Property Consultants 15
Slide 16: Financial Highlights
eNGT CAPITAL |\EEDERAL LAND ae HOLOINGS NCORFORATED Financial Highlights
Slide 17: Federal Land Financial Highlights 1H 2025
Federal Land Financial Highlights 1H 2025 Monthly Reservation Sales (Php M) Reservation Sales Mix High End Luxury (over Php12M) Riverpark commercial 2025 2024 Upscale (Php7-12M) Haru and Aki (1Q 2025) 2,453 lots Affordable (<7M) (1Q 2025) 2,081 10% 1,929 1,638 1,600 22% Php8.9B 1,451 1,372 1,417 1,3
Slide 18: Summary of Key Messages
Summary of Key Messages • Metro Manila vertical residential market remains soft • Strategic shift to horizontal projects resulted in strong reservation sales of Php8.9 billion +15% driven by the following projects: • Hartwood Phases 1 and 2 (Biñan) • Yume, Riverpark (Cavite) • The Seasons Residences
Slide 19: Financial Highlights
GT CAPITAL HOLDINGS INCORPORATED Financial Highlights a
Slide 20: AXA Financial Highlights 1H 2025
AXA Financial Highlights 1H 2025 Life APE Product Mix (In %) Key Messages 2% UL 75% UL 73% Life 8% RP-UL 22% • APE +18% to Php2.5B driven by the growth of SP unit- 24% P&H linked +28% 53% 49% SP-UL • Asset Master (SP-UL) 23% 19% Others • Asset Protect (SP-UL) 1H 2025: Php2.5B • AXA Secure Future (RP
Slide 21: MPI Financial Highlights 1H 2025
MPI Financial Highlights 1H 2025 Key Messages • MPIC: Reported Net Income increased by +36% to Php17.0 billion due to gain on the sale of Coastal Meralco Metro Pacific Tollways (Php2.9B). Energy Sales Average Daily Traffic • Meralco: +10% increase to Core Income driven 27,091 GWh +1% 722k +4% from h
Slide 22: Automotive Sector Highlights
Automotive Sector Highlights
Slide 23: Philippine Automotive Sector
Philippine Automotive Sector All-time sales record high in 2024 PH Automotive Industry Retail Vehicle Sales (in 000 units) +8% +8% 512 473 474* 439 402 400 410 361 322 269 280 242 208 183 241 142 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025E Excise Tax Pandemic 24 Sourc
Slide 24: Philippine Automotive Sector: In line with economic growth
Philippine Automotive Sector In line with economic growth Car Sales GDP Per Capita Motorization 4,500 600 3,911 4,000 3,741 3,572 500 3,431 3,414 3,131 3,280 Retail Vehicle Sales (in 000 units) 3,500 3,108 3,198 Per Capita GDP (in USD) 3,000 400 3,050 2,500 2,844 2,974 Motorization: 2,718 3,000 2,46
Slide 25: Financial Highlights
CP) “GT CAPITAL TOYOTA | Financial Highlights
Slide 26: Key Highlights 1H 2025
Key Highlights 1H 2025 Revenues Industry* Monthly Retail Vehicle Sales (In 000 Units) P135.6B +19.1% Retail Vehicle Sales 2023 2024 2025 241,341 Units 40.1 40.4 42.2 41.9 42.8 Net Income 35.3 in 1H 2025 P12.5B +65.7% +5.8% YoY vs. 228,098 Wholesale Volume in 1H 2024 Jan Feb Mar Apr May Jun Jul Aug S
Slide 27: Toyota Retail Sales Highlights 1H 2025
Toyota Retail Sales Highlights 1H 2025 TMP Top Selling Passenger Cars (Ranked by units) Triple Crown Award Segment 44% 64% 45% 2021 2022 2023 2024 1H 2025 Share No.1 46% 48% 46% 46% 48.0% 1H 2025 Vios Wigo Camry Overall Sales* (46.1% w/ BYD) Unit Sales 12,431 8,707 223 % to Total Sales 11% 8% 0.2% N
Slide 28: Electrified Vehicle Market
Electrified Vehicle Market Growing at a fast pace HEV PHEV BEV Share of EV Market to Total Industry Sales 2022 2023 2024 1H25 24,298 +159% 1.01% 2.64% 5.13% 9.90% 818 3% 23,883 3,512 14% 4,929 20% 8,481 36% 11,584 5% 537 9,238 136 429 1% 18,551 5% 11,890 50% 3,636 10,911 94% 76% 358 1,165 8,809 95%
Slide 29: Toyota and Lexus Electrified Sales
Toyota and Lexus Electrified Sales Toyota HEV Sales as % of Total Sales Combined Lexus HEV Sales as % of Total Sales 5.55% 7.40% Toyota + Lexus 71% 92% 91% 0.05% 0.29% 0.54% 1.05% 2.97% 1H 2025: 14% 8% 17% 35% 8.2% (1H 2024: 6.2%) Toyota HEV Unit Sales +42% 1H 2025 vs. 1H 2024 Lexus HEV Unit Sales E
Slide 30: Sales Growth Supplemented by TFSPH
Sales Growth Supplemented by TFSPH TFS Quarterly Applications and Penetration Bookings Penetration Rate 68,344 66,148 64,758 59,372 60,683 60,218 56,382 56,732 57,385 57,382 56,825 55,041 58,037 52,958 51,790 54,771 53,068 49,298 49,251 45,786 38,144 32,164 48% 50% 48% 41% 43% 44% 38% 34% 33% 30% 29
Slide 31: Toyota CKD Model Performance
Toyota CKD Model Performance Toyota CKD Models PC/CV Mix 1H 2025 Higher production PC CV in Toyota Sta. Rosa 44.1% Assembly Plant 75% 81% Subcompact PC Segment Share 1H 2025 63,351 30% 19% units to be 1H24 1H25 assembled 37.9% FY 2025 plan CKD/CBU Mix 1H 2025 MPV CKD CBU 60,098 Segment Share 1H 2025
Slide 32: Lexus maintains strong growth in the Auto Luxury segment
Lexus maintains strong growth in the Auto Luxury segment Retail Sales 2,263 1,843 1,018 626 861 474 568 2019 2020 2021 2022 2023 2024 1H 2025 33 Source: Lexus
Slide 33: Summary of Key Messages
Summary of Key Messages • The Philippine automotive industry recorded unit sales of 241,341 units reflecting a +5.8% increase, while TMP posted sales of 111,276 units, marking an +6.6% growth. • 46.1% TMP market share • Share of provincial network at 66.0% of total sales • Through continued expansio
Slide 34: Moving Forward
Moving Forward For more information, visit gtcapital.com.ph/investor-relations or contact IR@gtcapital.com.ph
Slide 35: The Observatory (Mandaluyong City)
The Observatory (Mandaluyong City) • 4.5 hectare site strategically located in Mandaluyong City, the center of three major central business districts: Makati, BGC and Ortigas • Mixed-use community in an area surrounded by stand-alone residential and office buildings • Provides an unobstructed view o
Slide 36: The Observatory Sales Pavilion
The Observatory Sales Pavilion Mandaluyong City • First stand-alone showroom located in Mandaluyong City • Offers guests an immersive and elevated preview of The Observatory 37
Slide 37: Empowering Filipino Business Owners
Empowering Filipino Business Owners Scale faster, operate smarter, built with confidence Tamaraw 2.4 Long-Wheel Base (LWB) M/T WING VAN MOBILE STORE FOOD TRUCK Php 1,450,000 Php 1,490,000 Php 1,540,000 (Approx. 24K USD) (Approx. 25K USD) (Approx. 26K USD) 38
Slide 38: Strategies Align with Regional Growth
Strategies Align with Regional Growth Largest Provincial Economies (2023) Laguna Php1.03 T 4.9% Cavite Php780.05 B 3.7% Horizontal developments outside of Metro Manila Batangas Php645.78 B 3.1% • Hartwood in Biñan, Laguna Bulacan Php631.64 B 3.0% • Yume at Riverpark, Gen. Trias, Cavite Pampanga Php5
Slide 39: Hartwood Village at Meadowcrest
Hartwood Village at Meadowcrest Biñan, Laguna Meadowcrest Township • 48-hectare masterplanned neighborhood township • Residential blocks, retail shops, parklets and biking networks that would offer customers with a distinct lifestyle and business environment Hartwood Village Phase 1 Launched July 20
Slide 40: Riverpark
Toyota Manila Bay Dealership Riverpark 41 ©2023 GT Capital Investor Relations
Slide 41: Dividend Declaration
Dividend Declaration April 2025 August 2025 PHP 3.00 PHP 3.00 Regular Cash Regular Cash Dividends Dividends PHP 2.00 Record Date: August 27, 2025 Special Cash Payout Date: Dividends September 5, 2025 42 ©2024 GT Capital Investor Relations
Slide 42: Thank You!
Thank You! For more information, visit gtcapital.com.ph/investor-relations or contact IR@gtcapital.com.ph
GT Capital Holdings — Jefferies & Regis Partners Philippines Conference October 15, 2025 on 6ix