Slide 1: 1H26 Earnings Results Briefing
1H26 Earnings Results Briefing
Slide 2: Disclaimer
Disclaimer This presentation and the information contained herein (this "Presentation") are the sole and exclusive property of Aboitiz Equity Ventures (“AEV”) and shall only be used for the purpose intended herein and may not be used, published or redistributed without the prior written consent of A
Slide 3: Notice
NOTICE This briefing will be recorded. By joining this session, you consent to your name, voice, image and chat comments being recorded for use and dissemination. A copy of this briefing will be uploaded on our website (www.aboitiz.com)
Slide 4: AboitizFoods
AboitizFoods Poh Beng Ng CFO Aboitiz Foods
Slide 5: 1H26 Results highlights
1H26 Results highlights 1H26 Results ● Revenue grew 19% YoY to PHP51.6b in 1H26 PHPm maintaining the steady top-line trajectory 1H25 1H26 established last quarter. ● EBITDA rose 9% YoY to PHP4.7b, driven by core 51,568 segment strength and disciplined margin 43,360 management. ● Aboitiz Foods delive
Slide 6: 19% revenue growth, anchored by Agribusiness and Trading resilience
19% revenue growth, anchored by Agribusiness and Trading resilience Consolidated 1H revenue reached PHP 51.6 billion (+19% YoY), supported by a 13% expansion in overall group volumes led by regional Agribusiness and Trading. Food & Nutrition revenue eased 3% YoY, as volume gains in Trading were offs
Slide 7: EBITDA Performance: Core segment growth buffers downstream losses
EBITDA Performance: Core segment growth buffers downstream losses Consolidated 1H EBITDA stood at PHP 4.7 billion (+9% YoY). Strong operational performance in regional Agribusiness (+31% YoY), Trading (3.6x YoY), and Flour (+13% YoY) absorbed severe margin compression and reduced revenue contributio
Slide 8: Building on EBITDA strength: 1H NIAT closes at PHP 2.3B (+8% YoY)
Building on EBITDA strength: 1H NIAT closes at PHP 2.3B (+8% YoY) Supported by EBITDA growth, 1H NIAT closed at PHP 2.3 billion (+8% YoY). Net results were further supported by a 2% YoY reduction in interest expense, reflecting disciplined working capital management across regional business units. N
Slide 9: The Aboitiz Real Estate Group
The Aboitiz Real Estate Group 9
Slide 10: 1H26 Results Highlights
1H26 Results Highlights 1H26 Results ● The consolidated real estate business recorded a net PHPm loss of PHP 37 million in 1H26, compared to a PHP 4 million loss in 1H25, as lower Economic Estates (EE) 1H25 1H26 earnings offset a strong turnaround in the Residential 2,230 1,981 business ● Higher-qua
Slide 11: EE leasing ramp-up and higher quality RFO-led residential sales cushioned the base effect
EE leasing ramp-up and higher quality RFO-led residential sales cushioned the base effect from lower EE sales recognition in 1H26 Consolidated revenue declined 11% in 1H26, primarily driven by a 79% decrease in EE sales due to the timing of milestone -based revenue recognition. This was cushioned by
Slide 12: Industrial reservation sales up 97% in 1H26, highlighting a flight to quality
Industrial reservation sales up 97% in 1H26, highlighting a flight to quality amidst a volatile operating environment Economic Estates Reservation Sales PHPm and hectares in PHPm 1H25 1H26 Var 18 ha 110 Industrial 1,090 2,152 97% 9 ha 6 ha 9 ha Commercial 238 110 -54% 4 ha 123 7 ha 1,660 405 Total 1
Slide 13: Stronger residential earnings offset by EE sales recognition timing
Stronger residential earnings offset by EE sales recognition timing Consolidated EBITDA declined 10% YoY, primarily due to a 27% decline in Economic Estates EBITDA from the timing of milestone -based revenue recognition, partially offset by a 26% increase in Residential EBITDA. The Residential segme
Slide 14: Strategic refocus toward industry-anchored townships accelerated Economic Estates growth
A deliberate strategic refocus toward industry-anchored townships in 2020 accelerated the growth of the Economic Estates segment Economic Estates Footprint hectares ~3x faster growth after a strategic refocus on Economic Estates ▲~ 12% CAGR ▲~ 4% CAGR Jobs 56,100 83,500 101,600 Locators 88 203 266 1
Slide 15: Aboitiz Real Estate is the leading developer of privately-owned industrial parks in the Philippines
Today, Aboitiz Real Estate is the leading developer of privately-owned industrial parks in the Philippines, led by its flagship LIMA Estate Industry-leading Scale, Execution, and Sustainability Unmatched Ecosystem Depth 1H26 LIMA Estate Manufacturing 2,070 ha Ecosystem Largest privately-owned indust
Slide 16: TARI Estate has emerged as the largest privately-owned industrial park in Central Luzon
Building on the growth momentum of LIMA Estate, TARI Estate has emerged as the largest privately-owned industrial park in Central Luzon Strategically Located in the Luzon Economic Corridor Purpose-Built Infrastructure for Advanced Manufacturing Reliability and Readiness EXISTING PLANNED TPLEX Solar
Slide 17: Multinational companies are choosing TARI Estate as their industrial ecosystem partner
Multinational companies are already choosing TARI Estate as their long- term industrial ecosystem partner in the Luzon Economic Corridor Largest investment in Asia Largest investment in the and one of its most advanced Philippines, valued at ₱9.1B production sites 16-ha development 42-ha development
Slide 18: Aboitiz InfraCapital
Aboitiz InfraCapital Enabling Businesses. Uplifting Communities. Frocks Roque Vice President & Head of Invest Aboitiz InfraCapital
Slide 19: 1H26 Results highlights
1H26 Results highlights 1H26 Results • Sustained traffic growth at Mactan-Cebu PHPm International Airport pushed 1H26 revenue up by 1H25 1H26 30% YoY to PHP4.6B, which in turn lifted EBITDA 4,604 by 26% YoY to PHP2.5B. 3,531 • Airports accounted for 65% of beneficial 2,501 EBITDA, contributing PHP1.
Slide 20: Consistent top-line growth across all business segments
Consistent top-line growth across all business segments Airports anchored overall growth, complemented by steady performance across water and digital infrastructure segments Revenue PHPm 1H25 1H26 YoY Remarks PHPm Airports 2,422 3,353 38% Overall foot traffic rose 4% YoY in 1H26, despite the ongoing
Slide 21: Beneficial EBITDA rose to PHP2.5b in 1H26
Beneficial EBITDA rose to PHP2.5b in 1H26 EBITDA growth tracked top-line momentum, achieving strong margins at 54% EBITDA PHPm 1H25 1H26 2,501 Reflects 17% YoY increase in MCIA traffic 1,980 1,633 1,377 Growth attributed to Driven by effective ongoing tower cost controls expansion Results of effecti
Slide 22: Earnings momentum fueled by strong revenue growth
Earnings momentum fueled by strong revenue growth Strong operational performance in 1H26 narrowed the net loss by nearly half (-48% YoY) NIAT PHPm 1H25 1H26 51 -54 -93 -84 -144 -147 -162 -183 -278 -536 Airports Water Digital Infra Corporate expenses Total Note: Consolidated figures shown excludes Ec
Slide 23: 1H26 AEV Financial and Operating Results
1H26 AEV Financial and Operating Results
Slide 24: 1H26 AEV Financial and Operating Results
1H26 AEV Financial and Operating Results 24
Slide 25: Group beneficial EBITDA up by 25% YoY
Group beneficial EBITDA up by 25% YoY Power remains to be the biggest contributor to AEV, followed by the Food and Beverage segment. Meanwhile, the Bank segment more than doubled its beneficial EBITDA contribution year-on-year. Beneficial EBITDA PHPb Power accounted for 62% of AEV’s beneficial EBITD
Slide 26: CCEAP's reported revenue grew by 11% YoY
CCEAP CCEAP’s reported revenue grew by 11% YoY Revenue growth in 1H26 was supported by volume growth and the flow-through of price increases implemented last year. 77% market share Carbonated soft drinks • Growth momentum was mainly driven by the 8% YoY growth in volumes. By brand, Coca-Cola Tradema
Slide 27: 1H26 NIAT up 63% YoY to PHP13.6bn
1H26 NIAT up 63% YoY to PHP13.6bn NIAT growth was driven by the topline-driven YoY improvements in the contributions of AP, UBP, AboitizFoods and CCEAP. NIAT PHPb 52,382 13,210 39,925 11,314 9,787 8,608 15,694 11,523 13,638 13,689 8,387 8,481 Statutory EBITDA EBITDA Less: Net Interest Less:Expense L
Slide 28: Balance sheet remains primed for expansions
Balance sheet remains primed for expansions Growth in consolidated asset base is attributable to ongoing expansions in Power and the turnover of CBK asset. PHPm CONSOLIDATED PHPm PARENT LEVEL 31 Dec 2025 30 Jun 2026 31 Dec 2025 30 Jun 2026 Cash and Cash Equivalents 87,753 86,601 Gross Debt 87,923 84
Slide 29: Aboitiz
aboitiz