Promigas Sa Esp · BVC:PROMIGAS
Promigas Sa Esp — Q1 2026 Earnings Presentation
28 slides from Promigas Sa Esp's earnings presentation, 2026
Slide 1: Quarterly Results Presentation Q1 2026
QUARTERLY RESULTS PRESENTATION Q1 2026
Slide 2: Disclaimer
DISCLAIMER Promigas, S.A., E.S.P. (“Promigas”) is a securities issuer in Colombia listed in the National Therefore, these separate financial statements should be read in combination with the Registry of Securities and Issuers. As such, it is subject to compliance with the consolidated financial stat
Slide 3: Promigas: A Multi-Energy and Services Holding Company
ATTRIBUTES Customer-centric and service- oriented PROMIGAS An integrated value proposition, shifting from selling kWh/m³/loans (commodity margin) to Operations leveraged with AI/technology A MULTI-ENERGY AND delivering outcomes: reliability, affordability, Capability to orchestrate assets, energy, a
Slide 4: We Evolve to Drive Prosperity
Unidirectional flow of electrons and molecules Transportation Generation / Distribution W E E V O LV E PROMIGAS Production Energy flow TO DRIVE PROSPERITY Information flow Limited information flow Bidirectional flow of electrons and molecules Smart Smart Smart Smart Generation/ Consumption Distribut
Slide 5: Promigas Q1 2026: Operational Resilience and Strategic Growth
PROMIGAS Q1 2026: OPERATIONAL RESILIENCE AND STRATEGIC GROWTH Promigas reaffirms its financial strength and strategic execution Strategic and Energy Security and Brilla’s Commercial Financial and Budgetary capabilities in Q1 2026: Expansion Milestones Operations Strength Resilience Zelestra Acquisit
Slide 6: A Multi-Solution Portfolio for Society
A MULTI-SOLUTION PORTFOLIO FOR SOCIETY GAS BUSINESS LOW-EMISSIONS BUSINESS Natural gas Value-Added Services, Electric- Energy Non-Bank Sustainable value chain Construction and O&M power Solutions Financing Mobility Regasification Industrial & Transportation Distribution commercial customers Homes Tr
Slide 7: Financial Results: Key Figures Q1 2026
F I N A N C I A L R ES U LT S Resultados Financieros - Resumen Key Figures Q1 2026 CONSOLIDATED SEPARATE Cumulative as of March 2026 Cumulative as of March 2026 Real 85% Real REVENUE1 REVENUE1 GAS BUSINESS Budget Budget $1.88 Tn $1.72 Tn $0.32 Tn $0.29 Tn LOW-EMISSIONS 15% Execution: 91% Execution:
Slide 8: Financial Results: Key Figures Q1 2026
F I N A N C I A L R ES U LT S Resultados Financieros - Resumen Key Figures Q1 2026 CONSOLIDATED SEPARATE Cumulative as of March 2026 Cumulative as of March 2026 Real 85% Real REVENUE1 REVENUE1 GAS BUSINESS Budget Budget $1.88 Tn $1.72 Tn 22% $0.32 Tn $0.29 Tn LOW-EMISSIONS 15% Execution: 91% Δ -3% v
Slide 9: Key Figures Q1 2026: EBITDA by Business
F I N A N C I A L R ES U LT S Resultados Financieros - Resumen Key Figures Q1 2026 GAS BUSINESS LOW-EMISSIONS EBITDA: $ 421,645 M 77% EBITDA: $ 125,307 M 23% NG Transportation 52% Electric Power $ 51,487 M 9% 36% Natural Gas $ 197,449 M Transportation LNG regasification 16% $ 88,586 M Brilla1 Finan.
Slide 10: Gas Business: Regasification
GAS BUSINESS Resultados Financieros - Resumen Natural Gas Value Chain REGASIFICATION Suministro desupply Natural gas gas natural a to Colombia Colombia por agente by agent (2T 2025) (Q1 2026) Benchmark i n N a t u r a l G a s R e l i a b i l i t y 6% 8% and Availability in Colombia Ecopetrol + Hocol
Slide 11: Gas Business: Natural Gas Transportation
GAS BUSINESS Resultados Financieros - Resumen Natural Gas Value Chain NATURAL GAS TRANSPORTATION Proactive Solutions for Natural Gas Supply 3,284 km 452 MMcfd* 99.99 % Promigas and Average transported Service continuity transportation companies volume during the period network length 120 MMcfd 54 %
Slide 12: Canacol Energy Update
C O L O M B I A’ S N AT U R A L G A S S EC TO R O V E R V I E W Resultados Financieros - Resumen Canacol Energy Update Production and Reserves E v o l u t i o n Peak June-22: 200 Peak Jan-20: 200 MMcfd Total Production - Real 212 MMcfd 180 In MMcfd 160 181 182 177 637 1P Reserves (K MMcf)1 169 607 6
Slide 13: Gas Business: Natural Gas Distribution
GAS BUSINESS Resultados Financieros - Resumen Natural Gas Value Chain NATURAL GAS DISTRIBUTION Reliable service supported by innovative processes 7.1 Million 1,083 3,058 Mm3 79,381 Users in Colombia Communities Gas Sales km of Network and Peru Served +25 MILLION 38% 96% Personas beneficiadas of the
Slide 14: Low-Emissions Business: Electric-Power Distribution
LOW–EMISSIONS BUSINESS Resultados Financieros - ResumenElectric-Power Distribution W e A r e Resilient We overcame environmental challenges and drove innovation to transform communities, generating profitability, sustainable growth, and positive impact for more than 477,000 customers in Cauca. 477,2
Slide 15: Low-Emissions Business: Energy Solutions
LOW–EMISSIONS BUSINESS Resultados Financieros - Resumen Energy Solutions Promigas continues building toward the future through the consolidation of an energy solutions portfolio that drives energy integration and innovation. 372 Projects TOTAL PORTFOLIO 169.7 MW 130.5 MW 39.2 MW Solar Self-Generatio
Slide 16: Zelestra Acquisition Guidance
U N P O R TA F O L I O M U LT I S O L U C I Ó NL OPARA W–EMLAI SOCIEDAD SSIONS BUSINESS Distribución Soluciones Guidance de energía eléctrica energéticas Zelestra Acquisition Promigas before Z e l e s t r a Promigas + Z e l e s t r a Planned Strategic Growth Year EBITDA Total Capacity (MW) EBITDA To
Slide 17: Non-Bank Financing: Brilla
LOW–EMISSIONS BUSINESS Distribución Soluciones Non-Bank de energía eléctrica energéticas Financing As of Q1, Brilla continues to strengthen its position as a high- impact financial inclusion ecosystem. Driver of f i n a n c i a l i n c l u s i o n +26% $2.57 Tn 6.7 M $ 376,832 M 153,000 of loans gra
Slide 18: Sustainable Mobility
LOW–EMISSIONS BUSINESS Distribución Solucionesde Sustainable energía eléctrica energéticas Mobility 2026 STRATEGIC FOCUS Putting Our Resources at the Service of People In response to competitiveness challenges, the 2026 focus is centered on ensuring the sustainability of the NGV asset base and pursu
Slide 19: Corporate Capex Q1 2026
C O R P O R AT E C A P E X Q1 2026Distribución CAPEX: 86%de Soluciones energía eléctrica energéticas Execution Rate Gas Business Consolidated Capex Low-Emissions Business (71% Capex) (29% Capex) COP $118,289 M 1.018 86% 23.439 29.365 89% 11.931 22.661 86% 29.875 83% 81% Electric-Power Distribution G
Slide 20: Innovation Ecosystem: Q1 2026 Results
Innovation Ecosystem: Q1 2026 Results Connecting new business opportunities and technological capabilities. NEW ENERGY CULTURE OF BUSINESSES R&D - TECHNOLOGY INNOVATION Opportunities in the +25% Generation Potential $7,000 M COP +15 pipeline for biomethane production. (Framework PV-BESS en B2C). In
Slide 21: Profit and Loss Statement | Consolidated
F I N A N C I A L R ES U LT S PROMIGAS PROFIT AND LOSS STATEMENT | Consolidated CUMULATIVE 2026 – CUMULATIVE 2025 1 REVENUE COSTS & EXPENSES EBITDA 2 FINANCIAL EXPENSES NET INCOME (91% Budget) (89% Budget) (89% Budget) (110% Budget) (98% Budget) -3% vs. 2025 -2% vs. 2025 -9% vs. 2025 2% vs. 2025 -19
Slide 22: Profit and Loss Statement | Separate
F I N A N C I A L R ES U LT S PROMIGAS PROFIT AND LOSS STATEMENT | Separate CUMULATIVE 2026 – CUMULATIVE 2025 REVENUE 1 COSTS & EXPENSES EQUITY METHOD EBITDA 2 FINANCIAL EXPENSES NET INCOME (92% Budget) (91% Budget) (89% Budget) (107% Budget) (99% Budget) 1% vs. 2025 -21% vs. 2025 (90% Budget) -10%
Slide 23: Balance Sheet | Separate
F I N A N C I A L R ES U LT S PROMIGAS BALANCE SHEET | Separate MARCH 2026 vs. DECEMBER 2025 Assets $13.3 Tn 4% (YTD) Liabilities $7.1 Tn 15% (YTD) Equity $6.2 Tn -6% (YTD) Budget: $13.3 Bn Budget : $6.7 Tn Budget : $6.6 Bn (Execution 101%) (Execution 107%) (Execution 94%) 12% 37% 4% 3% Other LT ass
Slide 24: Consolidated Debt Q1 2026 and Ratings
F I N A N C I A L R ES U LT S Average Cost: Duration: CONSOLIDATED DEBT Q1 2026 Q1 2026: 9.88% 4.0 years $9.86 Tn 6.21% vs Q1 2025 Q1 2025: 8.97% 4.2 years Debt by Product Debt by Currency Debt by Company Ratings 2% Q1 2025 Q1 2026 50% Q1-2026 Q1-2026 PROMIGAS 46,92% 50,42% Q1-2025 4% Q1-2025 Fitch
Slide 25: Q&A
Q&A
Slide 26: Annex
v ANNEX
Slide 27: Balance Sheet | Consolidated
F I N A N C I A L R ES U LT S PROMIGAS BALANCE SHEET | Consolidated MARCH 2026 vs. DECEMBER 2025 Assets $21.1 Tn 2% (YTD) Liabilities $14.5 Tn 6% (YTD) Equity $6.6 Tn -7% (YTD) Budget: $22.1 Tn Budget : $15.2 Tn Budget: $7.0 Tn (Execution 95%) (Execution 96%) (Execution 94%) 5% 20% 25% 7% ST Financi
Slide 28: We Are the Energy That Drives Development
Promigas and its subsidiaries continue to consolidate the strong performance of their gas infrastructure businesses, while strengthening their strategic positioning to contribute to the development of the energy future of Colombia and Peru, through a strategy focused on geographic diversification, t