Dmci Holdings Inc. · PSE:DMC
Dmci — Q1 2026 Earnings Presentation
96 slides from Dmci's earnings presentation, May 8, 2026
Slide 1: Q1 2026 Analysts' Briefing
Q1 2026 Analysts’ Briefing 08 May 2026 Makati City via remote communication
Slide 2: Evolving earnings mix strengthens stability
CONTRIBUTION HIGHLIGHTS Evolving earnings mix strengthens stability KEY TAKEAWAYS In Php mn Q1 2026 Q1 2025 Change • Group earnings dipped slightly as stronger contributions SMPC (56.65%) 2,194 2,535 -13% across subsidiaries offset softer SMPC and Maynilad contributions DMCI Homes 1,277 1,242 3% • D
Slide 3: Operational discipline keeps margins steady
CONSOLIDATED HIGHLIGHTS Operational discipline keeps margins steady KEY TAKEAWAYS In Php mn Q1 2026 Q1 2025 Change • Revenues eased due to lower coal shipments and on-grid Revenues 31,100 31,975 -3% power generation and slower construction accomplishments Cost of sales 17,355 18,315 -5% • Cost of sa
Slide 4: Consolidated Balance Sheet Highlights
CONSOLIDATED BALANCE SHEET HIGHLIGHTS In Php mn Mar 2026 Dec 2025 Change Cash and cash equivalents 35,342 29,078 22% Receivables and contract asset 37,700 34,624 9% KEY TAKEAWAYS Inventories 80,521 79,331 2% • Total assets increased, driven by higher cash balances, Investments in associates 23,096 2
Slide 5: Project delays weigh, strong financial flexibility
CONSTRUCTION FINANCIAL HIGHLIGHTS Project delays weigh, strong financial flexibility KEY TAKEAWAYS In Php mn Q1 2026 Q1 2025 Change • Revenues declined due to lower project accomplishments Revenues 3,617 4,466 -19% across most segments amid project delays and timing of COS 3,301 4,124 -20% works OPE
Slide 6: Project mix shifts toward rail joint ventures
CONSTRUCTION ORDER BOOK Project mix shifts toward rail joint ventures KEY TAKEAWAYS Revenue Breakdown Q1 2026 Q1 2025 Change In Php mn • Revenues declined on lower accomplishments across Building, Infrastructure, and Joint Venture projects Building* 2,105 2,350 -10% Infrastructure 482 743 -35% • Bui
Slide 7: Further deleveraging supports residential business
REAL ESTATE FINANCIAL HIGHLIGHTS Further deleveraging supports residential business KEY TAKEAWAYS In Php mn Q1 2026 Q1 2025 Change • Revenues increased on lower cancellation reversals and Revenues 4,917 4,663 5% stronger accomplishments from ongoing projects Total cash costs 3,990 3,726 7% • Total c
Slide 8: RFO sales and rent-to-own demand gain traction
REAL ESTATE OPERATING HIGHLIGHTS RFO sales and rent-to-own demand gain traction KEY TAKEAWAYS Key Metrics Q1 2026 Q1 2025 Change • Sales and reservations declined amid softer market Total Sales Value (Php bn) 6.3 7.2 -12% conditions, though ready-for-occupancy (RFO) sales Ready-for-Occupancy (RFO) 5
Slide 9: Solid balance sheet with manageable leverage
INTEGRATED ENERGY FINANCIAL HIGHLIGHTS Solid balance sheet with manageable leverage KEY TAKEAWAYS In Php mn Q1 2026 Q1 2025 Change • Revenues declined 7% on lower coal shipments and Revenues 15,425 16,509 -7% reduced power sales COS 6,751 7,374 -8% • Cash costs decreased in line with revenues, drive
Slide 10: Higher output lifts inventories, expands markets
INTEGRATED ENERGY FINANCIAL HIGHLIGHTS Higher output lifts inventories, expands markets KEY TAKEAWAYS Coal Key Metrics Q1 2026 Q1 2025 Change • Production increased on improved access to Narra seams, Strip Ratio (S/R) supporting higher output and a lower strip ratio; mine expected Aggregate* 9.4 11.
Slide 11: Stronger contracted sales mix, weaker output
INTEGRATED ENERGY FINANCIAL HIGHLIGHTS Stronger contracted sales mix, weaker output KEY TAKEAWAYS Power Key Metrics Q1 2026 Q1 2025 Change • Overall plant availability declined to 67% (from 89%) due to Plant Availability (%) 67% 89% -25% higher outage days (117 vs. 41), mainly from continued SCPC 57
Slide 12: Best-ever quarterly earnings, driven by expansion
OFF-GRID ENERGY FINANCIAL HIGHLIGHTS Best-ever quarterly earnings, driven by expansion KEY TAKEAWAYS In Php mn Q1 2026 Q1 2025 Change • Revenues increased on higher energy sales, more than Revenues 1,872 1,760 6% offsetting lower selling prices Total cash costs 1,227 1,308 -6% • Total cash costs dec
Slide 13: Expanded capacity meets rising energy demand
OFF-GRID ENERGY FINANCIAL HIGHLIGHTS Expanded capacity meets rising energy demand KEY TAKEAWAYS Key Metrics Q1 2026 Q1 2025 Change Installed Capacity (in MW) 196.3 167.8 17% • Installed capacity expanded 17% following the commissioning of the 8 MW Masbate bunker expansion Masbate 69.9 61.9 13% plant
Slide 14: New mines' contributions lift performance
NICKEL MINING FINANCIAL HIGHLIGHTS New mines’ contributions lift performance KEY TAKEAWAYS In Php mn Q1 2026 Q1 2025 Change • Revenues rose double digits on higher shipment volumes, Revenues 1,652 1,390 19% partly offset by softer selling prices due to lower nickel COS 531 374 42% grades sold OPEX 4
Slide 15: Operational ramp-up aligns with stronger market
NICKEL MINING OPERATING HIGHLIGHTS Operational ramp-up aligns with stronger market KEY TAKEAWAYS Key Metrics Q1 2026 Q1 2025 Change Production (in WMT ‘000) 852 731 17% • Total production and shipments increased, mainly driven by the commercial operations of the Long Point mine in ZDMC 312 570 -45%
Slide 16: Recovery advances on higher volumes and efficiencies
CEMENT FINANCIAL HIGHLIGHTS Recovery advances on higher volumes and efficiencies KEY TAKEAWAYS In Php mn Q1 2026 Q1 2025 Change • Revenues jumped on increased sales volumes, partly Revenues 4,380 3,302 33% offset by softer ASP COS 3,253 2,588 26% • Total cash costs rose by 24% to Php 4.2 bn OPEX 907
Slide 17: Foundational work lifts output and sales
CEMENT OPERATING HIGHLIGHTS Foundational work lifts output and sales KEY TAKEAWAYS § Installed capacity expanded with the addition of new Solid Key Metrics Q1 2026 Q1 2025 Change Cement plant capacity Rated Capacity (in mn T*) 7.2 5.7 26% • Capacity utilization improved as APO operations APO 3.8 3.8
Slide 18: Evolving earnings mix strengthens stability
Evolving earnings mix strengthens stability Construction Real Estate Integrated Energy Project delays weigh, Further deleveraging Solid balance sheet with strong financial flexibility supports residential manageable leverage business Off-grid Power Nickel Mining Cement Best-ever quarterly New mines’
Slide 19: Navigating varied business cycles across segments
Navigating varied business cycles across segments Construction Real Estate Integrated Energy Balanced project mix, Prioritize inventory Preparing for upcoming selective bidding amid monetization; broadening Semirara COC bidding; evolving market conditions presence across key markets Narra ITH to end
Slide 20: Annex
Annex § Capex Update § Market Forecasts § Debt Profile § ESG Highlights § DMCI Holdings and Subsidiaries Income Statement § Parent Balance Sheet § Subsidiaries and Associate Financial and Operating Highlights CONSOLIDATED • DMCI • DMCI HOMES • SMPC • DMCI POWER • DMCI MINING • MAYNILAD • CONCREAT
Slide 21: Capex Update
Capex Update In Php bn Q1 2026 Q1 2025 Change DMCI - 0.1 -100% DMCI Homes 2.6 2.9 -10% SMPC 0.5 2.4 -79% DMCI Power 0.4 0.1 300% DMCI Mining 0.1 0.3 -67% DMCI Power’s 8.8 MW Concreat 0.4 0.4 0% bunker-fired plant in Masbate commissioned Total 4.0 6.2 -35% in February 2026 In Php bn 2026F 2025 Change
Slide 22: Market Forecasts
Market Forecasts NEWCASTLE PRICES WESM SPOT PRICES In USD/MT In Php/KWh 2020 2.27 2020 60.4 6.91 138 137 2021 4.83 134 2021 137.3 5.23 2022 7.39 126 4.61 5.37 2022 360.2 132 134 134 3.82 2023 5.86 4.35 4.19 2023 173.0 3.63 2024 5.14 4.04 3.75 119 3.45 3.51 2024 134.8 108 107 2025 3.73 105 99 2025 10
Slide 23: Debt Profile
Debt Profile As of March 31, 2026 LOAN MATURITY SCHEDULE FLOATING AND FIXED Floating Fixed Php 68.0 bn Consolidated 57% 43% Consolidated 13% 21% 27% 39% DMCI n.a. DMCI Homes 5% 95% Php 0 DMCI SMPC 87% 13% Php 29.0 bn DMCI Power 100% DMCI Homes 22% 41% 37% DMCI Mining 100% Php 5.8 bn Concreat 100% SM
Slide 24: 2025 Annual and Sustainability Reports
2025 ANNUAL AND SUSTAINABILITY REPORTS To download a copy: www.dmciholdings.com CONSOLIDATED • DMCI • DMCI HOMES • SMPC • DMCI POWER • DMCI MINING • MAYNILAD • CONCREAT
Slide 25: Environmental Stewardship
Environmental Stewardship Q1 2026 1.8k ha 1.4k ha 2.57m* 637k* Habitats Protected Reforested Areas Trees Planted Mangroves Planted and Restored 1,767 28.9k MT 72% Animals Protected or Waste Generated Recycling Rate Reproduced * as of March 2026 CONSOLIDATED • DMCI • DMCI HOMES • SMPC • DMCI POWER •
Slide 26: Social Responsibility
Social Responsibility Q1 2026 25,894 9.1% 12,197 8 7.4 Direct Employees Female Direct Indirect Employees Average Training Average Training Employees Hours (per employee) Hours (male) 0.004 0 11 LTIFR Employees LTIFR Contractors Average Training Hours (female) LTIFR = Lost-time Injury Frequency Rate
Slide 27: ESG Highlights
ESG Highlights DMCI Supports Local Recycling Programs Through Recyclable Donations DMCI and its project teams strengthened community recycling initiatives in the first quarter of 2026 through a series of recyclable donation activities in Caloocan, Taguig, and Muntinlupa. On January 9, the CAMANA Pro
Slide 28: ESG Highlights
ESG Highlights DMCI Projects Support Waterway Clean-Up and Flood Mitigation Efforts DMCI project teams conducted environmental clean-up activities in the first quarter of 2026 to help protect waterways and support surrounding communities. On January 15, the NSCR Viaduct Project carried out dredging
Slide 29: ESG Highlights
ESG Highlights DMCI Projects Strengthen Community Health Through Blood Donation Drives DMCI project teams conducted a series of blood donation activities in the first quarter of 2026 to help address blood shortages and support patients in need of transfusions. The ASG Blood Letting Activity, held in
Slide 30: ESG Highlights
ESG Highlights DMCI Homes Employees Extend Support to Children’s Shelter of Cebu DMCI Homes representatives turn over essential goods and hygiene products to the Children’s Shelter of Cebu. Organized by the Human Resources Department, the initiative channels staff enthusiasm into tangible support fo
Slide 31: ESG Highlights
ESG Highlights DMCI Homes, Concreat Support Northern Cebu Earthquake Rehab Quadruple A developer DMCI Homes and cement manufacturer Concreat Holdings Philippines, Inc. have joined forces to help Northern Cebu rebuild faster following the 6.9- magnitude earthquake that struck on September 30, 2025. L
Slide 32: ESG Highlights
ESG Highlights DMPC Coastal and River Clean-Up Activities DMCI Masbate Power Corporation (DMPC) reinforced its commitment to environmental protection through a series of clean-up activities in Q1 2026. On March 6, employees and volunteers led by the company’s Environment, Safety and Health (ESH) and
Slide 33: ESG Highlights
ESG Highlights DMPC Strengthens Education and Community Support Through Donation Initiatives DMPC continued its community support initiatives in the first quarter of 2026 through donations benefiting schools and local government units in Masbate. The company provided secondary filters and sponsored
Slide 34: ESG Highlights
ESG Highlights DMCI Power-Calapan Joins World Water Day River Clean-Up Drive In celebration of World Water Day 2026, DMCI Power joined the Calapan River Clean-Up Drive organized by EMB MIMAROPA on March 25 in Barangays Sto. Niño and Sta. Isabel. Government agencies, private organizations, and civic
Slide 35: ESG Highlights
ESG Highlights DMCI Power-Calapan Tree Planting Activity DPC successfully conducted its Q1 2026 Tree Planting Activity on March 27 in Barangay Bondoc, Calapan City, in coordination with the City Environment and Natural Resources Department (CENRD). A total of 176 seedlings were planted, consisting o
Slide 36: ESG Highlights
ESG Highlights DMCI Power-Palawan Doktor ng Barangay Program The Doktor ng Barangay Program continued to provide free weekly medical consultations to residents of Barangays Sagpangan in Aborlan and Bato-Bato in Narra from January to March 2026. The initiative helped address healthcare gaps in remote
Slide 37: ESG Highlights
ESG Highlights DPC Brings Free Driving and Licensing Services to Narra Communities As part of its commitment to community development, DPC partnered with the Land Transportation Office (LTO) MIMAROPA to conduct a free Community-based Theoretical Driving Course and Licensing Services Program in Baran
Slide 38: ESG Highlights
ESG Highlights ZDMC Education and Educational Support Program ZDMC strengthened its commitment to education and community development in the first quarter of 2026 through educational support initiatives amounting to Php 935k. The programs benefited schools and daycare centers through the constructio
Slide 39: ESG Highlights
ESG Highlights ZDMC Health Program ZDMC allocated Php 360k for health and community service programs in the first quarter of 2026, supporting healthcare access and public wellness initiatives in its host communities. The company provided medical supplies and devices to three health centers and relea
Slide 40: ESG Highlights
ESG Highlights ZDMC Enterprise Development and Networking Program ZDMC invested Php 376k in enterprise development and livelihood initiatives during the first quarter of 2026 to support local associations and community-based economic activities. The company extended assistance to 14 associations and
Slide 41: ESG Highlights
ESG Highlights ZDMC Infrastructure and Support Services Program ZDMC allocated Php 91.3k for infrastructure development and support service initiatives in the first quarter of 2026 to help improve basic community facilities in its host areas. During the quarter, the company completed one water syste
Slide 42: ESG Highlights
ESG Highlights ZCMCI Education and Educational Support Program Zambales Chromite Mining Company, Inc. (ZCMCI) invested Php 243k in education and educational support programs during the first quarter of 2026, benefiting schools, daycare centers, and alternative learning learners in host communities.
Slide 43: ESG Highlights
ESG Highlights ZCMCI Health Program ZCMCI invested Php 99k in health services and community wellness initiatives during the first quarter of 2026. The company completed the renovation of the comfort room at Barangay Guinabon Health Center, benefiting around 1,773 constituents. ZCMCI also provided me
Slide 44: ESG Highlights
ESG Highlights ZCMCI Enterprise Development and Networking Program ZCMCI allocated Php 207k for enterprise development and networking initiatives during the first quarter of 2026, supporting local associations and cooperatives in its host communities. The company extended assistance to five organiza
Slide 45: ESG Highlights
ESG Highlights ZCMCI Infrastructure and Support Services Program ZCMCI invested Php 327k in infrastructure development and support service initiatives during the first quarter of 2026 to improve essential community facilities in its host barangays. The company completed three water system projects b
Slide 46: Berong Mine Rehabilitation Program
Berong Mine Rehabilitation Program as of March 2026 35 479k Geotextile Installed Seedlings Produced (2.5x100 m) 177.8 ha Rehabilitated Area 298.4k 1,946 Coco-coir Nets Seedlings Planted Installed (2x50 m) CONSOLIDATED • DMCI • DMCI HOMES • SMPC • DMCI POWER • DMCI MINING • MAYNILAD • CONCREAT 46
Slide 47: Concreat ESG Highlights
Concreat ESG Highlights Q1 2026 35% 100% 645 23% 1,406 0 Waste Plastic Waste Direct Employees Female Direct Indirect LTIFR Recycling Rate Recovery Rate Employees Employees Employees 0.1 ha 7.1 7.4 6.3 0 Average Training Average Training Average Training LTIFR Reforested Areas Hours (per employee) Co
Slide 48: ESG Highlights
ESG Highlights Cebu Learners Complete ARAL Program with Concreat Support Concreat joined the Thanksgiving Day celebration of the Academic Remediation Acceleration and Livelihood (ARAL) Program in Naga City, Cebu, reaffirming its commitment to education. In partnership with the LGU of Naga and Chalkb
Slide 49: ESG Highlights
ESG Highlights Concreat Foundation and DMCI Homes Donate Cement and Construction Equipment to Cebu Town Concreat Foundation and DMCI Homes donated cement and equipment to the LGU of San Remigio – one of our communities in Cebu. The joint donation aims to support the Municipality’s ongoing constructi
Slide 50: ESG Highlights
ESG Highlights Concreat Foundation Launches Feeding Program in Antipolo Concreat Foundation partnered with the Diocese of Antipolo to launch a feeding program for undernourished children in Brgy. San Jose. The “Salo-Salo sa Hapag ng Pag-asa” Program aims to improve the children’s overall well-being,
Slide 51: ESG Highlights
ESG Highlights IQAC Launches Clean-Up Drive with Partner Communities IQAC launched a clean-up drive as part of our Social Development and Management Program. Around 60 volunteers from nearby sitios participated in the initiative, demonstrating a strong sense of community and a shared commitment to e
Slide 52: ESG Highlights
ESG Highlights Concreat Foundation delivers healthcare to Antipolo Community Concreat Foundation has once again joined San Jose LGU’s Barangay Express Program to bring medical services to Sitio Quarry, Antipolo. 486 beneficiaries of the Barangay Express Program received free medicine and services, i
Slide 53: ESG Highlights
ESG Highlights IQAC Conducts Clean-Up at Tagbac River To conclude the first quarter, IQAC conducted a clean-up drive along Tagbac River in Antipolo City under the theme, “Responsableng Pagmimina, May Disiplina!” Employees and volunteers collected waste along the riverbanks to help maintain waterway
Slide 54: ESG Highlights
ESG Highlights Plastik-can Tayo: TSEK sa Binangonan Through a six-month waste management and rewards-based initiative with the Binangonan LGU and CDO Odyssey Foundation, Inc., industry, government, and community stakeholders worked together to promote practical and sustainable waste solutions. The p
Slide 55: DMCI Holdings and Subsidiaries Income Statement
DMCI Holdings and Subsidiaries Income Statement in Php millions Q1 2026 Q1 2025 % Revenues 31,100 31,975 -3% Cost of Sales (17,355) (18,315) -5% Operating Expenses (3,840) (3,576) 7% Government share (Coal) (1,027) (1,126) -9% Core EBITDA 8,877 8,957 -1% Equity in net earnings 728 929 -22% Other inc
Slide 56: Parent Balance Sheet
Parent Balance Sheet In Php millions Mar 2026 Dec 2025 % Cash and cash equivalents 8,274 5,969 39% Receivables 1,423 525 171% Investments in subsidiaries and assoc. 25,464 25,464 0% Other assets 383 383 0% Total Assets 35,543 32,340 10% Accounts payable 110 141 -22% Other liabilities 17 12 42% Total
Slide 57: Q1 2026 Financial Results
Q1 2026 Financial Results STANDALONE INCOME STATEMENT in Php millions Q1 2026 Q1 2025 % Revenues 3,617 4,466 -19% Cost of Sales (3,301) (4,124) -20% Operating Expenses (154) (134) 15% Total Cash Cost (3,455) (4,258) -19% Core EBITDA 162 208 -22% Noncash items (120) (115) 4% Other income (expense) 42
Slide 58: Q1 2026 Financial Results
Q1 2026 Financial Results CONDENSED BALANCE SHEET Total, Total, In Php millions DMCI JV DMCI JV % Mar 2026* Dec 2025* Cash and cash equivalents 815 4,680 5,495 2,856 2,529 5,385 2% Receivables 6,048 2,241 7,186 6,521 4,119 9,673 -26% CIE 1,925 1,137 3,062 1,444 297 1,741 76% Inventories 487 46 533 5
Slide 59: Project Completion Status and Order Book
Project Completion Status and Order Book As of March 31, 2026 Order Book (in Php bn) Building Total Php 14.5 bn Php 42.9 bn 42.9 14% 3%7% 41.9 40.6 9% 38.5 10% 51% 35.2 25% 19.9 17.1 81% 14.8 21.3 27.4 Infrastructure Joint Ventures 4.6 2.3 Php 0.9 bn Php 27.4 bn 3.4 0.9 0.9 1% 19.7 19.0 17.0 16.3 14
Slide 60: Ongoing and Prospect Bids and Estimates
Ongoing and Prospect Bids and Estimates Railways, Train Station, Roads, Bridges, Buildings, Malls, Warehouse, Hospitals, Data Center,, Causeway, Jetty, Ports, Piers, LPG Terminals, Fuel Depot, Industrial Mining Plant, Water Treatment Type of Projects Plant, Sewage Treatment Plant, Pumping Stations &
Slide 61: BBM Prospects
BBM Prospects Allied Services for North- ODA Funded Projects Allied Services for North- South Commuter Railway & South Commuter Railway & Metro Manila Subway BATAAN CAVITE INTERLINK BRIDGE Metro Manila Subway Project Project 1 2 3 4 Source: DOTR Projects • 137-km (Priority Section) 1. Bataan-Cavite
Slide 62: Completed Project
Completed Project C5 LINK SEGMENT 3B Parañaque City CLIENT: CAVITEX Infrastructure Corporation DESCRIPTION: Construction of a six (6) lane, 2.0 km expressway connecting CAVITEX at Paranaque and C5 road Taguig, which includes of access roads, mainline viaduct, ramp, at-grade mainline, and toll plaza
Slide 63: Completed Project
Completed Project PIONEER HOUSE BGC Bonifacio Global City CLIENT: Pioneer Insurance & Surety Corp. DESCRIPTION: Construction of a 27-Storey with 6 basements Office Building Bulk Excavation, Site Works, Structural, Architectural, Mechanical, Electrical Sanitary/Plumbing Works, and Testing and Along 2
Slide 64: Featured Ongoing Project
Featured Ongoing Project ST. LUKE'S MEDICAL CENTER QUEZON Topping off Ceremony : April 20,2026 CITY - New Hospital Building Quezon City CLIENT: St. Luke's Medical Center DESCRIPTION: Construction of a 12-storey new hospital building with three basements and a roof deck, including demolition, site wo
Slide 65: Featured Ongoing Project
Featured Ongoing Project AMANI TOWER Bonifacio Global City CLIENT: Amani Corporation DESCRIPTION: Construction of a 36-floor building with seven basement levels, covering an estimated site area of approximately 3,400 square meters and totaling around 84,000 square meters of covered floor area. PROJE
Slide 66: Featured Ongoing Project
Featured Ongoing Project LA SALLE GREEN HILLS Mandaluyong City CLIENT: La Salle Green Hills DESCRIPTION: Construction of Senior High School and Innovation Building PROJECT: School Building COMPLETION: 2026 Photo of Project Site as of April 22, 2026 CONSOLIDATED • DMCI • DMCI HOMES • SMPC • DMCI POWE
Slide 67: Featured Ongoing Project
Featured Ongoing Project LAYA PROJECT Brgy. Oranbo, Pasig City CLIENT: Shang Properties, Inc. Civil, Structural & Partial Architectural DESCRIPTION: Works with five basement, 66 floors and roof deck PROJECT: Mixed-Used Building COMPLETION: 2028 CONSOLIDATED • DMCI • DMCI HOMES • SMPC • DMCI POWER •
Slide 68: Featured Ongoing Project
Featured Ongoing Project PIONEER COLD STORAGE Navotas City CLIENT: Pioneer Insurance & Surety Corp DESCRIPTION: General Construction Works Demolition and Pile Driving Works, Survey and Lay-out Works, Architectural works, Civil/Structural works, Mechanical Works, Electrical & Auxiliary Works, Fire Pr
Slide 69: Featured Ongoing Project
Featured Ongoing Project CEBU TANK STORAGE FACILITY Naga City, Cebu CLIENT: Therma Cebu Energy, Inc. DESCRIPTION: Construction of 61.40ML Capacity of Fuel Storage Tanks, 1.70ML Firewater Tank, Non-Tech Bldgs. and Berthing Facility PROJECT: Fuel Depot and Berthing Facility COMPLETION: 2026 CONSOLIDAT
Slide 70: Featured Ongoing Project
Featured Ongoing Project APO PORT DEVELOPMENT PROJECT Naga City, Cebu CLIENT: Concreat holdings philippines DESCRIPTION: Design and construct of cement packing house and port facility PROJECT: Cement Terminal COMPLETION: 2026 CONSOLIDATED • DMCI • DMCI HOMES • SMPC • DMCI POWER • DMCI MINING • MAYNI
Slide 71: Featured Ongoing Project
Featured Ongoing Project METRO MANILA SUBWAY PROJECT – PHASE 1 CP-102 (PARTNER WITH NISHIMATSU) Pasay CLIENT: Department of Transportation (DOTr) DESCRIPTION: Building and Civil Engineering Works for approximately 3km Tunnel, with Two (2) Underground Stations at Quezon Avenue and East Ave. PROJECT:
Slide 72: Featured Ongoing Project
Featured Ongoing Project SOUTH COMMUTER RAILWAY PACKAGE CPS-02 (PARTNER WITH ACCIONA) Manila CLIENT: Department of Transportation (DOTr) DESCRIPTION: Building and Civil Engineering Works for approximately 7.9 km of Railway Viaduct Structure including elevated Stations at España, Santa Mesa and Paco.
Slide 73: Newly Awarded
Newly Awarded METRO MANILA SUBWAY PROJECT – PHASE 1 CP-109 (PARTNER WITH TAISEI CORPORATION) Pasay CLIENT: Department of Transportation (DOTr) DESCRIPTION: Supply, Installation, Construction, Testing, Commissioning and Training (including Integrated Testing and Commissioning) for the Underground Tun
Slide 74: Q1 2026 Financial Results
Q1 2026 Financial Results STANDALONE INCOME STATEMENT CONDENSED BALANCE SHEET in Php millions Q1 2026 Q1 2025 % in Php millions Mar 2026 Dec 2025 % Revenues 4,917 4,663 5% Cash and cash equivalents 8,602 11,356 -24% Cost of Sales (2,954) (2,754) 7% Receivables 14,579 14,087 3% Operating Expenses (1,
Slide 75: Q1 2026 Operating Highlights
Q1 2026 Operating Highlights Completed No. of Projects No. of Units Sales Value 78 76,372 Php 293 bn Ongoing No. of Projects No. of Units Sales Value 12 21,440 Php 181 bn *Launched units only In the Pipeline** No. of Residential No. of Projects Sales Value Units 4 2,192 Php 16.4 bn *Launch timeline
Slide 76: Project Feature
Project Feature Artist's illustration of the sky deck pool Exquisite from every angle The first joint-venture project of DMCI Homes, the Philippine’s first Quadruple A developer, and Marubeni Corporation, a Japanese global conglomerate. The Valeron Tower is a residential masterpiece rising soon alon
Slide 77: Project Feature
Project Feature A new landmark for resort- inspired living Highlights: STRATEGIC LOCATION • Located in Quezon Avenue which allows residents easy access to different parts of Metro Manila. (Skyway, MRT, upcoming subway) Artist's illustration: Lap pool DISTINCT ARCHITECTURE • Distinctive building faça
Slide 78: Project Feature
Project Feature A mountain resort condotel Located along Marcos Highway in Tuba, Benguet, Moncello Crest is the second development under DMCI Homes Leisure Residences. Part of its commitment is to collaborate with surrounding communities and farms sustaining their livelihood by partnering with them
Slide 79: Project Feature
Project Feature Resort-inspired living on a grander scale Situated just a few minutes away from Cebu City's main business districts, Kalea Heights is DMCI Homes' first project in the city which features impressive big open parks and amenities. Designed seamlessly, Kalea Heights connects indoor and o
Slide 80: Updates
Updates Life at Acacia Estates: Where Relaxation Is Part of the Everyday At Acacia Estates, relaxation is not reserved for weekends or special occasions. It is woven into everyday life, across every lifestyle. From peaceful solo mornings to shared rooftop evenings and family-filled nights, each mome
Slide 81: Updates
Updates RideShare to Start Serving Satori Residences and Mirea Residences This May 4 Starting May 4, 2026, residents of Satori Residences and Mirea Residences can enjoy a more convenient and sustainable commuting option as DMCI Homes’ award- winning RideShare Carpool Program expands its service to t
Slide 82: Updates
Updates From Renter to Owner: Why Choose DMCI Homes’ Rent-to-Own Pathway For many Filipino families, owning a home has long been tied to a sense of stability, security, and long-term progress. More than a financial milestone, it is often seen as a foundation for building a future and creating a spac
Slide 83: Updates
Updates A Step-by-Step Guide to Leasing Your Condo Unit with DMCI Homes Leasing Services DMCI Homes Leasing Services (DHLS) is designed to address this need by providing integrated leasing and property management support. With structured assistance from listing to ongoing management, the service off
Slide 84: Q1 2026 Financial Results
Q1 2026 Financial Results STANDALONE INCOME STATEMENT Q1 2026 Q1 2025 In Php millions COAL SCPC SLPGC CHP Others Combined COAL SCPC SLPGC CHP Others Combined % Revenues 11,176 3,389 1,689 - 276 16,530 11,777 4,314 1,992 - 201 18,284 -10% COS (5,510) (1,286) (619) - (262) (7,677) (6,227) (1,753) (718
Slide 85: Q1 2026 Financial Results
Q1 2026 Financial Results CONSOLIDATED INCOME STATEMENT Q1 2026 Q1 2025 In Php millions COAL SCPC SLPGC CHP Others Conso COAL SCPC SLPGC CHP Others Conso % Revenues 10,071 3,389 1,689 - 276 15,425 10,022 4,314 1,992 - 181 16,509 -7% COS (4,927) (1,041) (521) - (262) (6,751) (5,119) (1,435) (643) - (
Slide 86: Q1 2026 Financial Results
Q1 2026 Financial Results CONSOLIDATED BALANCE SHEET In Php millions SMPC SCPC SLPGC CHP Others MAR 2026 SMPC SCPC SLPGC CHP Others Dec 2025 % Cash and cash equivalents 8,930 672 840 - 143 10,585 872 1,572 1,763 - 157 4,364 143% Receivables 6,051 2,825 913 - 289 10,078 3,419 2,167 1,080 - 15 6,681 5
Slide 87: 2026 Coal Segment Guidance
2026 Coal Segment Guidance Pricing Target Mix Coal Operating Contract Bid Round Shipments Timeline Domestic 27 February 2026 54% Spot Indexed and Fixed Update: DOE launch of PCECP* for 14 to 15 43% 57% Coal Bid Round The DOE has rescheduled MMT 19 March 2026 bid submission to allow time for clarific
Slide 88: 2026 Power Segment Guidance
2026 Power Segment Guidance Market Developments Upcoming Planned Outages (Next 12 Months) • March 26, 2026 25 August 26 January WESM suspended by Energy Regulatory Commission (ERC) and a SLPGC Unit 1 SLPGC Unit 2 25 days 2026 modified administered pricing mechanism is applied 30 days 2027 • May 1, 2
Slide 89: Q1 2026 Financial Results
Q1 2026 Financial Results STANDALONE INCOME STATEMENT CONDENSED BALANCE SHEET in Php millions Q1 2026 Q1 2025 % in Php millions Mar 2026 Dec 2025 % Cash and cash equivalents 148 270 -45% Revenues 1,872 1,760 6% Receivables 3,197 3,015 6% Cost of Sales (1,215) (1,300) -7% Inventories 790 685 15% Oper
Slide 90: Q1 2026 Operating Highlights
Q1 2026 Operating Highlights INSTALLED CAPACITY 196.3 MW By Location By Fuel Type Antique Wind 6% 6% Oriental Coal Mindoro 15% 10% Masbat e 36% Diesel 45% Bunker 34% Palawan PHOTO: Palawan 15MW Narra Plant 48% CONSOLIDATED • DMCI • DMCI HOMES • SMPC • DMCI POWER • DMCI MINING • CONCREAT • UPDATES •
Slide 91: Q1 2026 Financial Results
Q1 2026 Financial Results STANDALONE INCOME STATEMENT CONDENSED BALANCE SHEET in Php millions Q1 2026 Q1 2025 % in Php millions Mar 2026 Dec 2025 % Revenues 1,652 1,390 19% Cash and cash equivalents 1,067 901 18% Cost of Sales (531) (374) 42% Receivables 654 480 36% Operating Expenses (407) (303) 34
Slide 92: Q1 2026 Operating Highlights
Q1 2026 Operating Highlights PHOTO: Nickel ore shipments at the Long Point port 1.38% Grade and Forex Selling Prices, Nickel 70 1.40% 60 1.33% 1.35% 1.35% 1.34% 50 48 40 35 1.30% 36 36 30 29 1.25% 1.25% 20 1.20% 10 54 55 57 58 59 0 1.15% 2022 2023 2024 2025 Q1 2026 Forex (USD/Php) Ave. Selling Price
Slide 93: Q1 2026 Financial Results
Q1 2026 Financial Results STANDALONE INCOME STATEMENT CONDENSED BALANCE SHEET in Php millions Q1 2026 Q1 2025 % in Php millions Mar 2026 Dec 2025 % Revenues 9,093 8,565 6% Cash and cash equivalents 21,856 26,793 -18% Cost of Sales (1,432) (1,259) 14% Trade and other receivables 4,639 4,668 -1% Opera
Slide 94: Q1 2026 Operating Highlights
Q1 2026 Operating Highlights POPULATION SERVED & AVAILABILITY Key Metrics Q1 2026 Q1 2025 Change 10.6 97.5 100.0 Production* (in MCM) 180.0 189.0 -5% 10.4 98.1 98.3 97.8 98.0 Billed Volume (in MCM) 139.2 139.9 -1% 10.2 96.0 Customer Mix 94.0 10.0 92.7 92.0 Domestic 82.1% 81.5% 9.8 90.0 10.0 10.3 10.
Slide 95: Q1 2026 Financial Results
Q1 2026 Financial Results STANDALONE INCOME STATEMENT CONDENSED BALANCE SHEET in Php millions Q1 2026 Q1 2025 % in Php millions Mar 2026 Dec 2025 % Revenues 4,380 3,302 33% Cash and cash equivalents 1,059 993 7% Cost of Sales (3,253) (2,588) 26% Receivables 1,091 965 13% Operating Expenses (907) (76
Slide 96: Disclaimer / Contact Information
DISCLAIMER CONTACT INFORMATION Neither DMCI Holdings, Inc. (DMCI), nor its advisors make any representation regarding, and assumes no Investor Relations Office responsibility or liability for, the accuracy or completeness of, or any errors or omissions in any information contained herein. Such infor