Gt Capital Holdings, Inc. · PSE:GTCAP
Gt Capital — Q1 2026 Earnings Presentation
51 slides from Gt Capital's earnings presentation, May 15, 2026
Slide 1: First Quarter 2026 Financial and Operating Results Briefing
Building on Strong Foundations. Strengthening the Core. First Quarter 2026 Financial and Operating Results Briefing Via Zoom Friday, 15 May 2026 2:30 PM
Slide 2: Briefing guidelines and Q&A instructions
Recording this results briefing, whether in part or in full, is strictly prohibited Please indicate your full name and the company you represent Ask a question via the Zoom Q&A box or you may use the Raise Hand function We will upload the presentation later at gtcapital.com.ph/investor-relations 2
Slide 3: Briefing Panelists
Briefing Panelists Carmelo Maria Vince S. Socco George S. Uy-Tioco, Jr. Jose B. Crisol, Jr. SVP/Head of Investor Luza Bautista Chairman Chief Finance Officer Relations, Strategic GT Capital Auto and and Treasurer Planning, and Corporate President Mobility Holdings, Inc. Communication 3
Slide 4: Mr. Carmelo Maria Luza Bautista, President
Mr. Carmelo Maria Luza Bautista President GT Capital Holdings, Inc. 4
Slide 5: Macroeconomic Highlights
Macroeconomic Highlights GT Capital First Quarter 2026 Financial and Operating Results Briefing
Slide 6: Macroeconomic Indicators: GDP
Macroeconomic Indicators First Quarter 2026 GDP 6.5 GDP Quarterly (%YoY) Top Industry Drivers for First Quarter 2026 GDP Growth 2.8% 1Q 2026 5.2 5.3 5.4 5.5 5.9 (versus 3.3% Bloomberg Financial and Consensus 1Q 2026) 3.9 Insurance +3.4% 5.4% 1Q 2025 3.0 Activities • Consumption +3.0% • Government Ex
Slide 7: Macroeconomic Indicators
Macroeconomic Indicators First Quarter 2026 Other Macroeconomic Indicators OFW Remittances 10.6 +3.1% USD1.03B (In USD B) 9.2 10.0 10.3 9.4 9.3 10.3 YoY FDI net inflows 9.0 Jan-Feb 2026 -35% USD6.5B 6.3 6.5 Overall USD5.3B deficit 2M26, +3.1%YoY BOP in 1Q 2026 vs. Position USD3.0B deficit in 1Q 2025
Slide 8: Macroeconomic Indicators: Inflation
Macroeconomic Indicators First Quarter 2026 Inflation PH Inflation US Inflation (in USD/Barrel) End 2025 Pre-Conflict Current 7.2% April 2026 Ukraine War Brent Crude Spot 60.51 (Dec 31) 73.20 (Feb 27) 102.54 (May 11) 8.0% Brent Oil Futures July 60.85 72.48 104.47 3.9% 4M2026 Average 2026 Dubai Oil F
Slide 9: Macroeconomic Indicators: Policy Rates and USDPHP
Macroeconomic Indicators First Quarter 2026 BSP Policy Rate USDPHP Fed Funds Rate BSP Rate 4.50% 62.00 7.00 Jan-Apr 2026 6.50 USDPHP 61.305 6.25 61.00 6.00 (Rate as of 06-May-2026) -125 bps 5.75 6.00 Jan-Dec 2025 5.50 5.50 60.00 5.25 5.00 5.00 Fed Funds Rate 5.00 4.75 4.75 59.00 4.50 4.50 4.50 Uncha
Slide 10: First Quarter Macroeconomic Highlights Summary
First Quarter Macroeconomic Highlights Summary • Full impact of the Middle East conflict is yet to be felt • Risk of stagflation driven by geopolitical tensions and Middle Eastern conflict • Slower growth 1Q GDP 2.8% vs. 3.3% est. • Accelerating inflation 7.2% Apr 2026 • Pressure to increase interes
Slide 11: Consolidated Financial Highlights
Consolidated Financial Highlights GT Capital First Quarter 2026 Financial and Operating Results Briefing
Slide 12: GT Capital Financial Highlights: Core Net Income
GT Capital Financial Highlights First Quarter 2026 Core Net Php7.96 Billion 1Q 2026 -9% Income Php8.70 Billion 1Q 2025 Reported Php8.91 Billion1 1Q 2026 -3% Net Income Php9.14 Billion2 1Q 2025 1) P951M share in TMP’s CARS incentives and P47M share in MPIC’s nonrecurring gains, offset by P48M effect
Slide 13: GT Capital Financial Highlights by Operating Company
GT Capital Financial Highlights First Quarter 2026 Share in Operating Revenues Revenues Gross Premium Core Income Revenues Php40.5B +6% Php5.6B 103% Php10.7B +25% Php8.2B +4% Php62.4B -10% Net Income Net Income Net Income Core Net Income Net Income Php12.6B +3% Php3.77B 31x Php521M -20% Php6.9B +5%
Slide 14: Net Income Contribution per Sector
GT Capital Net Income Contribution per Sector First Quarter 2026 Others Property Others Property 3% 1% 3% 0% Infra Infra 13% Auto 14% 35% Auto 30% Banking Banking 47% 53% 1Q 2025 1Q 2026 Banking + Auto = 82% Banking + Auto = 83% 15
Slide 15: Operating Company Highlights
Operating Company Highlights GT Capital First Quarter 2026 Financial and Operating Results Briefing
Slide 16: Metrobank Financial Highlights
Metrobank Financial Highlights
Slide 17: Metrobank Financial Highlights: Loan Growth
Metrobank Financial Highlights First Quarter 2026 MBT Loan Growth vs. GDP Growth MBT Gross Loans (%YoY) PH GDP (%YoY) Php2.02T 15% 16% 17% 16% 14% 8% 12% 6% 5% 6% 5% 13% 11% 9% 9% 7% 6% 6% 4% 4% 8% 4% 3% -1% -8% -13% 2020 2021 2022 2023 3M24 6M24 9M24 FY24 3M25 6M25 9M25 FY25 3M26 Loan Growth Driver
Slide 18: Summary of Key Results
Summary of Key Results First Quarter 2026 • Net Income of Php12.6B +3% in 1Q 2026 • Loan growth at +9% to Php2.0T, in line with guidance of 1.5x to 2x of real GDP growth • Strong performance of consumer segment +11%, driven by credit cards +19% and mortgage +8% • Net Interest Income of Php33.4B +14%
Slide 19: Industry Highlights
GT CAPITAL HOLDINGS INCORPORATED Industry Highlights
Slide 20: Metro Manila Supply and Demand
Metro Manila Supply and Demand First Quarter 2026 Residential Demand Mix Metro Manila Residential Condominium Supply and Demand High End Luxury (over Php12M) Launches (Supply) RFO (Supply) 1Q Take-up (Demand) 2Q-4Q Take-up (Demand) Upscale (Php7-12M) 70,000 “High inventory levels and compressed yiel
Slide 21: Metro Manila Office Supply and Demand
Metro Manila Office Supply and Demand First Quarter 2026 Office Demand Mix Metro Manila Office Supply, Demand, Vacancy Rate BPO Gaming Office Supply (Incremental) Office Take-up (Incremental) Vacancy Rate (Cumulative) Traditional Government 19.3% 19.8% 19.4% 15.7% 18.8% 19.0% 227K 50% sqm 50% 1.22 1
Slide 22: Federal Land Financial Highlights
Federal Land Financial Highlights
Slide 23: Federal Land Financial Highlights
Federal Land Financial Highlights First Quarter 2026 Monthly Reservation Sales (Php M) Reservation Sales Mix High End Luxury (over Php12M) 2026 2025 Upscale (Php7-12M) Haru and Aki 2,447 Mid Income - Affordable (<7M) (1Q 2025) Php2.4B from The Observatory 1,922 35% RFO Sales 18% sales (2025) Php3.8B
Slide 24: Summary of Key Messages
Summary of Key Messages First Quarter 2026 • Oversupply in the Metro Manila vertical residential market persists, with 1Q 2026 with inventory equivalent to 6.8 years • Potential real estate growth disruptors • Interest rate hikes will elevate mortgage rates • Construction delays amid rising material
Slide 25: Mr. Vince S. Socco, Chairman GTCAM
Mr. Vince S. Socco Chairman GT Capital Automotive and Mobility Holdings, Inc. (GTCAM) 26
Slide 26: Automotive Sector Highlights
Automotive Sector Highlights
Slide 27: Philippine Automotive Sector
Philippine Automotive Sector Navigating through the oil crisis PH Automotive Industry Retail Vehicle Sales (in 000 units) Full Year Sales First Quarter Sales 491 474 500 140 439 410 120 361 100 280 242 80 113 121 60 110 97 99 40 71 75 78 20 - 2019 2020 2021 2022 2023 2024 2025 2026 Pandemic Ukraine
Slide 28: Toyota Financial Highlights
Toyota Financial Highlights
Slide 29: Key Highlights
Key Highlights First Quarter 2026 Industry* Monthly Retail Vehicle Sales (In 000 Units) Revenues Retail Vehicle Sales 112,542 Units 2024 2025 2026 P62.4B -10% in 1Q 2026 Net Income 37.7 39.8 -7.2% YoY vs. 121,259 35.1 P5.3B -16% in 1Q 2025 Wholesale Volume Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov
Slide 30: Industry Sales - Powertrain Breakdown
Industry Sales - Powertrain Breakdown First Quarter 2026 Monthly Industry Sales by Powertrain Type ICE HEV PHEV BEV 39,752 7% 37,737 1% 2,664 35,053 1% 3,188 8% 4% 426 5% 24% 256 11% 1,871 13% 1,384 6% 7% 3,702 9% 2,129 2,477 32,963 31,284 87% 89% 30,198 76% January February March Source: CAMPI, AVI
Slide 31: Industry xEV Market Growing at a Fast Pace
Industry xEV Market Growing at a fast pace First Quarter 2026 Share of xEV Market to Total Industry Sales Hybrid 2022 2023 2024 2025 1Q 2026 1.01% 2.64% 5.13% 11.99% 16.08% +142% 58,905 8,355 15% +94% 18,097 +210% 23,799 40% 3,381 15% 24,294 +219% 2,877 12% 9,337 6,296 40% 135 12% 1% 2,870 11,584 3,
Slide 32: Toyota and Lexus Electrified Sales
Toyota and Lexus Electrified Sales First Quarter 2026 xEV Sales as % of Total Sales xEV Sales as % of Total Sales Combined 92% 91% 94% 7.77% 10.17% Toyota + Lexus 71% 5.55% 1Q 2026: 35% 2.97% 0.05% 0.29% 0.54% 1.05% 14% 8% 17% 10.6% 2019 2020 2021 2022 2023 2024 2025 1Q 2026 (1Q 2025: 7.1% 2019 2020
Slide 33: Toyota Tamaraw
Tamaraw Sales Growth First Quarter 2026 2025 Top Five Vehicle Segments In Thousand Units Toyota +9.0% Sales growth 2024 2025 Tamaraw year-on-year +9.6% 3,948 75 82 82 units sold 38% -31% 1Q 2026 +0.5% +52% Market share 53 56 -3.2% 53 48 47 45 32 MPV Subcompact Commercial Subcompact Medium SUV SUV Ve
Slide 34: Toyota Retail Sales Highlights
Toyota Retail Sales Highlights First Quarter 2026 TMP Top Selling Electrified Vehicles (Ranked by units) TMP 1Q 2026 Monthly Sales Segment 89% 60% ICE HEV BEV Share 31% 16,365 17,855 17,512 1Q 2026 Zenix ATIV Yaris Cross 0.1% 0.1% 0.2% 8.7% 8.8% 14.2% Unit Sales 1,449 605 % to Total Sales 1,650 3% 3
Slide 35: Lexus maintains market leadership in luxury segment
Luxury Segment Market Share First Quarter 2026 Rover Others 4.0% 1.0% Lexus maintains market leadership in automotive luxury segment Mercedes 17.7% 43.1% BMW 34.2% 36
Slide 36: Sales Growth Supplemented by TFSPH
Sales Growth Supplemented by TFSPH First Quarter 2026 TFS Quarterly Applications and Penetration Applications Penetration Rate +16% YoY 77,922 68,344 66,148 67,316 64,758 64,649 60,683 60,218 56,732 57,385 57,382 56,825 58,037 54,771 53,068 55,041 52,958 51,790 49,298 49,251 45,786 50% 47% 44% 38% 3
Slide 37: Summary of Key Messages
Summary of Key Messages First Quarter 2026 • TMP outperformed industry unit sales • Industry sales 112,542 units -7.3% • TMP retail sales 51,922 units -6.5% • 46.1% TMP market share • Strong presence in the HEV segment with 66% of the HEV market • Zenix (89%), ATIV (60%) and Yaris Cross (31%) in eac
Slide 38: Mr. Carmelo Maria Luza Bautista, President
Mr. Carmelo Maria Luza Bautista President GT Capital Holdings, Inc. 39
Slide 39: Moving Forward
Moving Forward GT Capital First Quarter 2026 Financial and Operating Results Briefing
Slide 40: BEV: Toyota's Multi-Pathway Strategy
BEV Hilux HEV variant starts at Launching this Php1.198 Mn Toyota’s Multi-Pathway Strategy USD20,000 3Q 2026 41 41
Slide 41: HEV: Toyota's Multi-Pathway Strategy
HEV Land Cruiser Launching this 3Q 2026 Toyota’s Multi-Pathway Strategy 42
Slide 42: Petrol: Toyota's Multi-Pathway Strategy
Toyota’s Multi-Pathway Strategy Petrol Land Cruiser FJ “Mini Cruiser” Launching this 3Q 2026 43 43
Slide 43: Next Generation Tamaraw
Next Generation Tamaraw Granted the Modern PUV Certification Department of Transportation (DOTr) Undersecretary Ramon Reyes (left) with TMP President Masando Hashimoto (right) 44
Slide 44: SM General Trias Riverpark Updates
SM General Trias Riverpark Updates • Target completion date: 2027 • Groundbreaking on June 14, 2024 • Phase 1 GLA of approx. 43k square meters Actual photos as of April 2026 45
Slide 45: The Observatory
The Observatory Sora Tower 1 Actual photos as of April 2026 46
Slide 46: Uniqlo Logistics Facility
Uniqlo Logistics Facility Officially opened on April 17, 2026 • GLA of approx. 38k square meters Uniqlo Logistics Facility in Riverpark, General Trias • Largest in the Southeast Asia • 400 new jobs generated • 15-year lease • 3% annual escalation • Discussions ongoing for expansion 47
Slide 47: Yume at Riverpark
Yume at Riverpark A Japanese-inspired haven for starting families Actual photos as of April 2026 48
Slide 48: CALAX Updates
CALAX Updates Opening of Aguinaldo Highway to Governor’s Drive Aguinaldo Toll Plaza Governor’s Drive Toll Plaza Opened on May 4, 2026 Gov’s Dr. Toll Plaza Open Canal Interchange Kawit Toll Plaza Gen. Trias Riverpark Interchange 49
Slide 49: GT Capital and Ateneo de Manila University Riverpark Campus
GT Capital and Ateneo de Manila University Riverpark Campus • GT Capital formally donated a 15-hectare parcel of land at Riverpark to Ateneo de Manila University • Deed of Donation signed on May 11, 2026 following the Memorandum of Agreement signing last October 2025 50
Slide 50: Summary of Key Messages
Summary of Key Messages First Quarter 2026 • GT Capital reported core net income of Php7.96B and consolidated net income of Php8.91B reflecting the impact of a broader global economic slowdown • We continue to draw encouragement from our involvement in key sectors essential to the long-term national
Slide 51: Thank You!
Building on Strong Foundations. Strengthening the Core. Thank You! First Quarter 2026 Financial and Operating Results Briefing Via Zoom Friday, 15 May 2026 2:30 PM