International Container Terminal Services, Inc. · PSE:ICT
International Container Terminal Services — 2Q 2026 Earnings Presentation
22 slides from International Container Terminal Services's earnings presentation, Aug 3, 2026
Slide 1: 2Q 2026 Investors' Briefing
2Q 2026 Investors’ Briefing August 3, 2026
Slide 2: Recent Updates
Recent Updates VICT sub-lease extension Acquisition of CRAGEA June 2026 July 2026 MICT concession renewal Acquisition of ATU12 and July 2026 ATU18 July 2026
Slide 3: Basra Gateway Terminal (BGT) January 2026
Basra Gateway Terminal (BGT) Basra, Iraq January 2026
Slide 4: Basra Gateway Terminal (BGT) July 2026
Basra Gateway Terminal (BGT) Basra, Iraq July 2026
Slide 5: Consolidated Financial & Operational Highlights
Consolidated Financial & Operational Highlights 2Q +15% +10% +25% +23% +21% +21% 4.0M TEUs US$232 US$959M US$614M US$296M US$296M 2026 EBITDA margin 64% Diluted EPS +23% VOLUME YIELD REVENUE EBITDA NET INCOME* RECURRING NI* Diluted EPS 1H +16% +10% +27% +24% +22% +25% 2026 8.1M TEUs US$231 US$1.9B U
Slide 6: Yearly and Quarterly Results
Yearly and Quarterly Results 1Q 2Q 3Q 4Q 1Q 2Q FY2021 FY2022 FY2023 FY2024 FY2025 (In US$ million except Volume, Yield & EBITDA margin) 2025 2025 2025 2025 2026 2026 Volume (in TEU ‘000) 11,163 12,216 12,749 13,067 14,501 3,472 3,517 3,698 3,814 4,085 4,031 Gross Revenues 1,865 2,243 2,388 2,740 3,2
Slide 7: Agenda
Agenda Recent Financial Liquidity and Capital Questions and Performance Resources Answers 7
Slide 8: Recent Financial Performance
01 Recent Financial Performance
Slide 9: Consolidated P&L Highlights
Consolidated P&L Highlights 2Q 2025 2Q 2026 % Change (In US$ ‘000, 1H 2025 1H 2026 % Change except Volume and EPS) 3,517,162 4,030,857 +15% Volume (in TEU) 6,989,075 8,115,758 +16% Gross Revenues from 764,628 958,726 +25% 1,510,048 1,919,837 +27% Port Operations 194,067 267,532 +38% Cash Operating E
Slide 10: Recurring Net Income
Recurring Net Income 1H 2025 1H 2026 % Change (In US$ ‘000) Net Income Attributable to Equity Holders 483,841 589,983 +22% Non-recurring charge on: Disposal of YICT in China - 14,704 Recurring Net Income Attributable to Equity 483,841 604,687 +25% Holders 10
Slide 11: Consolidated Volume
Consolidated Volume Second Quarter First Half (in ‘000 TEUs) (in ‘000 TEUs) 3,222 3,517 4,031 6,312 6,989 8,116 +16% +11% 1,940 +43% 24% +15% 1,358 1,162 +17% 19% +9% 18% 955 2,229 657 +45% 24% 1,957 +14% 27% 607 +8% 19% 1,688 28% 19% 27% +16% 976 1,148 830 28% +18% 28% 26% +18% +7% 3,946 3,463 +6%
Slide 12: Consolidated Revenue
Consolidated Revenue Second Quarter First Half (in US$ millions) (in US$ millions) 684 765 959 1,322 1,510 1,920 +27% +14% 416 22% +25% +46% 285 245 +16% 19% +12% 203 19% +43% 21% 751 142 573 39% 129 +10% +31% 19% 539 38% 19% 378 41% +6% 291 +30% 277 38% 40% 41% +5% 652 +16% 753 537 39% 278 +20% 332
Slide 13: Revenue/TEU Analysis
Revenue/TEU Analysis % 2Q 2025 2Q 2026 % Change 1H 2025 1H 2026 Change 3,517 4,031 +15% Volume 6,989 8,116 +16% (TEUs ‘000) 745,032 937,139 +26% Revenues 1,469,719 1,878,148 +28% (US$ ‘000) 212 232 +10% Revenue / TEU 210 231 +10% (US$) 212 +27 -11 +6 232 210 +28 -15 +8 231 Revenue/TEU, Organic New &
Slide 14: Revenue/Ton Analysis (non-containerized terminals)
Revenue/Ton Analysis (non-containerized terminals) % 2Q 2025 2Q 2026 % Change 1H 2025 1H 2026 Change 2,979 2,991 +0.4% Volume 5,884 5,540 -6% (Tons ‘000) 19,596 21,587 +10% Revenues 40,329 41,689 +3% (US$ ‘000) 6.6 7.2 +10% Revenue / Ton 6.9 7.5 +10% (US$) 6.6 +0.9 -0.3 7.2 6.9 +0.8 -0.1 7.5 Revenue
Slide 15: Capital Expenditure
Capital Expenditure 1H 2026 Actual 2026 Budget Major expansions include: US$32m US$72m 10% 10% ▪ MICT (new expansion) US$55m (new expansion) ▪ MNHPI 17% US$136m US$320m 18% ▪ MCT 43% US$740m (ongoing ▪ SLCT expansion) US$233m (ongoing ▪ ICTSI Rio 73% expansion) US$532m ▪ IDRC 72% ▪ CMSA ▪ OPC Expans
Slide 16: Liquidity and Capital Resources
02 Liquidity and Capital Resources
Slide 17: Balance Sheet Summary
Balance Sheet Summary Balance Sheet Highlights Debt Ratios (In US$ million) Dec 31, 2025 Jun 30, 2026 Dec 31, 2025 Jun 30, 2026 Total Assets 9,077 10,368 Gearing: Debt/SHE 1.27 1.37 Total Liabilities 6,596 7,912 Current Ratio: 1.42 1.51 Current Assets/Current Liab. Total Equity 2,481 2,456 Covenant
Slide 18: Cost of External Funding
Cost of External Funding 1H 2025 1H 2026 % Change (In US$’ 000) Financing Charges 83,885 89,181 +6% ▪ Interest Expense on Loans/Bonds 66,244 77,924 +18% ▪ Perpetual Securities distribution 7,450 5,174 -31% ▪ Amortization of Debt Issue Cost 5,363 3,693 -31% ▪ DST/WHT 4,828 2,390 -51% FY 2025 1H 2025
Slide 19: Principal Redemption Profile
Principal Redemption Profile As of Mar 31, 2026 (In US$ million) Perp NC26* 298 689 400 457 300 459 254 309 122 22 23 23 46 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 Relationship Banks Bonds Perp As of Jun 30, 2026 (In US$ million) 693 400 457 300 464 451 309 12 123 51 27 23 2026 2027 2028 2
Slide 20: Summary
Summary Organic portfolio continues to drive positive volume, revenue and earnings growth; concession renewals further extending average remaining concession life to 22+ years Newly acquired terminals delivering sequential quarterly improvement, providing an increasing contribution to volume, revenu
Slide 21: Questions and Answers
03 Questions and Answers International Container Terminal Services Inc.
Slide 22: Thank you
International _ Container Terminal Services Inc. Thank you
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