Citicore Energy Reit Corp · PSE:CREIT
Citicore Energy Reit — 9M 2025 Earnings Presentation
27 slides from Citicore Energy Reit's earnings presentation, Nov 14, 2025
Slide 1: Company Presentation: 9M 2025 Financial and Operating Results
Company Presentation 9M 2025 Financial and Operating Results November 14, 2025
Slide 2: Disclaimer
Disclaimer This presentation was prepared solely and exclusively for discussion purposes. This presentation and/or any part thereof may not be reproduced, disclosed or used without the prior written consent of Citicore Energy REIT Corp. (the “Company”). This presentation, as well as discussions aris
Slide 3: 9M 2025 Highlights and Key Themes
9M 2025 Highlights and Key Themes Stable revenues anchored on Strong financial position supports strong green asset portfolio future acquisitions Revenue at Php 1.375 Bn, EBITDA at Php 1.346 Bn, PhilRatings PRS Aa+ rating, Net Income at Php 1.033 Bn Available borrowing headroom of Php 9 Bn Consisten
Slide 4: Contents
Contents 01 Financial Highlights 02 Our Green Asset Portfolio 03 CREC Project Pipeline Updates 04 CREIT Dividend Updates 05 Highlights and Key Takeaways 06 Q&A
Slide 5: 9M 2025 Financial Highlights
9M 2025 Financial Highlights
Slide 6: 9M 2025 Financial Highlights
9M 2025 Financial Highlights In Php Mn 3% 3% REVENUE 1,379 1,375 1,350 1,346 4% Php 1.375 Bn GROSS PROFIT MARGIN: 94% 1,038 1,033 EBITDA Php 1.346 Bn EBITDA MARGIN: 98% NET PROFIT Php 1.033 Bn NET PROFIT MARGIN: 75% Revenue EBITDA Net Income 9M 2024 9M 2025 6
Slide 7: Profitability remains steady due to strong green asset portfolio
Profitability remains steady due to strong green asset portfolio Amounts in Mn Php September 2025 September 2024 % Change Guaranteed Base Lease 1,253 1,236 1.36% Adjustments on the operating plants’ lease agreements – PFRS 16 122 143 (14.54%) this decrease is a non-cash item Revenue 1,375 1,379 (0.2
Slide 8: Geographical Footprint and Revenue Contribution
Geographical Footprint and Revenue Contribution Accretive acquisitions contributed Operating 27% of total revenues Under Construction Batangas 19% Clark 16% Cebu 20% 9M 2025 Revenue Php 1.375 Bn Silay 15% Pangasinan 4% Tarlac Bulacan 6% 11% Pampanga 4% South Cotabato 5% 8
Slide 9: Sustained strong financial position supports future acquisitions
Sustained strong financial position supports future acquisitions Amounts in Mn Php 30 September 2025 31 December 2024 Change Cash and cash equivalents 691 598 15.56% Other Current Assets 164 308 (46.85%) Total Current Assets 855 906 (5.70%) Trade and Other Receivables – Non-Current 613 519 18.00% Pr
Slide 10: Strong financial position supports future infusions
Strong financial position supports future infusions Current Ratio Return on Equity DEBT HEADROOM (Php Bn) 2.50 20.00% Total deposited property 20.5 2.03 1.95 15.48% 15.19% 2.00 15.00% Leverage ratio 1.50 (PRS Aa+) 70% 10.00% 1.00 5.00% Leverage limit 0.50 14.4 0.00 0.00% Total borrowings and 9M 2024
Slide 11: Green Asset Portfolio
Green Asset Portfolio == CREIT | Empower Your investments
Slide 12: CREIT's Green Asset Portfolio Overview
CREIT’s Green Asset Portfolio Overview NUMBER OF ASSETS OCCUPANCY RATE 14 Land Assets 100% GROSS LEASABLE AREA WEIGHTED AVE. LEASE EXPIRY 7.1 Mn sqm 19.69 years 12
Slide 13: Largest renewable energy landlord in the Philippines
Largest renewable energy landlord in the Philippines with 7.1 Mn square meters in gross leasable area IPO ASSETS 2nd ACQUISITION - 2023 DALAYAP – 103k sqm CLARK – 250k sqm ARMENIA– 138k sqm BATANGAS 1 – 1M sqm BATANGAS 2 – 840k sqm BATANGAS 3 – 740k sqm NEGROS OCCIDENTAL – 431k sqm CEBU – 730k sqm B
Slide 14: Asset Infusions over the years
Asset Infusions over the years In Mn square meters of gross leasable area Assets GLA (in sqm) Pangasinan 1,049,102 7,102,860 7,102,860 3rd Acquisition Pampanga 2 70,433 1,119,535 1,119,535 Batangas 1 1,062,083 Batangas 2 839,535 2nd Acquisition Batangas 3 741,016 Batangas 4 933,979 Pampanga 1 419,21
Slide 15: 100% Occupancy and Longest WALE among REITs
100% Occupancy and Longest WALE among REITs CREIT Asset Tenants Lease term (in years) Area (in sqm) Portfolio Occupancy Clark 15.3 250,318 Armenia 22.4 138,164 Cebu 16.9 730,000 Negros Occidental 16.3 431,408 Dalayap 16.3 103,731 Bulacan 22.5 100% 253,880 Land and/or solar assets used/to- Solar Deve
Slide 16: Diversified mix of tenant's off-takers
Diversified mix of tenant’s off-takers % of Total Contracted Capacity Off-take Contract Renewal of Tenants’ Customers Government 18% 72.7% 10.6 years Weighted average contract term Freeport Area of Bataan 14.7% 6.1% 6.5% Bilateral Contracts 2025 2026 2027 Beyond 2027 82% 16
Slide 17: CREC Project Updates and Future Acquisitions
CREC Project Updates and Future Acquisitions
Slide 18: Energized Projects
Energized Projects CREIT - Owned Land Batangas Pampanga Properties 1 & 2 Property 1 Leasable Area: 1,062,083 square meters Leasable Area: 839,535 square meters 419,214 square meters Location: Locations: Brgy. Arayat Brgy. Lumbangan Brgy. Luntal 18
Slide 19: Under Construction
Under Construction CREIT - Owned Land Batangas Pangasinan Properties 3 & 4* Property 1* Batangas Leasable Area: 741,016 sqms Leasable Area: 933,979 sqms 1,049,102 sqms Location: Location: Brgy. Bolbok Brgy. Sta Catalina * With secured offtake even before project completion Project was awarded during
Slide 20: CREIT Dividend Updates
the Philippine stock Exchange, congratulates CITICORE ENERGY REIT on its Initial Public Offering CREIT Dividend Updates CREIT | Empower Your investments
Slide 21: Largest quarterly dividend since IPO
Largest quarterly dividend since IPO In PhP Millions, except ratios and DPS 1Q23 2Q23 3Q23 4Q23 1Q24 2Q24 3Q24 4Q24 1Q25 2Q25 3Q25 Net income 304.96 316.08 396.09 380.97 359.28 334.14 344.94 391.02 357.96 329.93 345.16 Straight-line rent adjustment (15.28) (15.28) (94.58) (47.42) (59.65) (34.36) (43
Slide 22: How we arrive at 106% of distributable income
How we arrive at 106% of distributable income Total Dividends Amounts in Mn Php 17.83 6% 304.49 322.32 100% 100% 106% Distributable Income Depreciation Total Dividends 22
Slide 23: Increasing shareholder value with steady dividends and dividend growth
Increasing shareholder value with steady dividends and dividend growth 0.054 0.055 0.051 0.049 0.049 0.049 0.049 0.049 0.049 0.049 0.049 0.047 0.044 0.044 0.044 Inclusive of Inclusive of Variable Variable Lease Inclusive of Income Lease Spe cial 25.7% Income 0.035 Divid ends 15.9% 12.2% 10.2% 4.3% 0
Slide 24: Key Takeaways
Key Takeaways & CREIT | Empower Your Investments
Slide 25: Key Takeaways
Key Takeaways Stable revenues anchored on Strong financial position supports strong green asset portfolio future acquisitions Revenue at Php 1.375 Bn, EBITDA at Php 1.346 Bn, PhilRatings PRS Aa+ rating, Net Income at Php 1.033 Bn Available borrowing headroom of Php 9 Bn Consistent dividend payout at
Slide 26: Q&A
Q&A = CREIT | Empower Your investments
Slide 27: Thank you!
Thank you! For questions, please contact: Gideon de Villa CREIT Investor Relations Officer investorrelations@creit.com.ph CREIT CREIT.com.ph CiticoreREIT