Promigas Sa Esp · BVC:PROMIGAS
Promigas Sa Esp — Q2 2026 Earnings Presentation
28 slides from Promigas Sa Esp's earnings presentation, 2026
Slide 1: Delivering Reliable Energy at Scale for the Future
Delivering RELIABLE ENERGY a t s c a l e for the future Q2 2026 Earnings Call
Slide 2: Disclaimer
DISCLAIMER Promigas, S.A., E.S.P. (“Promigas”) is a securities issuer in Colombia listed in the Therefore, these separate financial statements should be read in combination with the National Registry of Securities and Issuers. As such, it is subject to compliance with the consolidated financial stat
Slide 3: Energy Vision 2040
ENERGY VISION 2040 …to a decentralized ecosystem, defined by the …to a decentralized ecosystem defined by the convergence of convergence multiple energy of multiple sources. energy sources, bidirectional flows. newbidirectional business models. flows, and new business a reconfiguration of models, an
Slide 4: Energy Vision 2040: Our Portfolio
ENERGY VISION 2040: OUR PORTFOLIO We continue to implement our customer-centric approach. Our integrated presence across multiple segments of the energy value chain enables us to design and deliver comprehensive, adaptable solutions that address the evolving needs of our customer base. GAS BUSINESS
Slide 5: Q2 2026 Key Highlights: Expansion, Resilience and Sustainable Leadership
Q2 2026 KEY HIGHLIGHTS: Expansion, Resilience and Sustainable Leadership Strategic Consolidation Successful International Positive Impact on Operational Records in Zelestra Latam Hybrid Bond Issuance Quality of Life Gas Infrastructure USD 456.5 M USD 920 M +122,000 653 MMcfd Maximum volume transport
Slide 6: Key Q2 2026 Figures: Financial Results Summary
KEY Q2 2026 FIGURES Financial Results - Summary CONSOLIDATED SEPARATE Year-to-Date through June 2026 Year-to-Date through June 2026 Real 87% Real REVENUE1 81% REVENUE1 GAS BUSINESS Budget Budget $3.89 Tn $3.55 Tn $0,64 Bn $0.60 Tn LOW-EMISSIONS 19% Execution: 91% Δ -2% vs. 2025 998,589 Execution: 93
Slide 7: Key Q2 2026 Figures: Consolidated Results
KEY Q2 2026 FIGURES Consolidated Results – Year-to-date to June 2026 GAS BUSINESS LOW-EMISSIONS EBITDA: $ 852,425 M 75% EBITDA: $ 290,426 M 25% NG Transportation 50% Electric Power Distribution $ 109,715 M 10% 35% Natural Gas $ 394,815 M Transportation LNG $ 174,363 M 15% Brilla1 Finan. Connections1
Slide 8: How Promigas Operates Today: Our Capabilities Across Four Latin American Countries
HOW PROMIGAS OPERATES TODAY: OUR CAPABILITIES ACROSS FOUR LATIN AMERICAN COUNTRIES With innovation embedded in its DNA and disciplined execution of its 2040 Strategy, Promigas has evolved into a diversified energy and services group with operations in four Latin American countries. RESILIENT AND COM
Slide 9: Natural Gas Transportation
NATURAL GAS TRANSPORTATION Reliable infrastructure ready to meet the country’s gas demand, both on the Caribbean Coast and in inland Colombia, and address the challenges posed by the El Niño phenomenon: +7% in transported volume and +5% in contracted capacity vs. Q2 2025. Ballena La Mami Barranquill
Slide 10: LNG Regasification
LNG REGASIFICATION Through SPEC, we guarantee energy security and the continuity of gas supply in Colombia. REGASIFICATION WE OPERATE 475 MMcfd 23,762 MMcf 31 The only LNG 100 % Regasification Volume regasified LNG carriers received operational regasification capacity during the quarter Average: 261
Slide 11: Natural Gas Distribution
NATURAL GAS DISTRIBUTION Tight supply conditions continue to make natural gas supply the primary challenge facing the sector. Supported by forward contracting and supply source diversification, our distribution companies maintain a strong position that ensures supply reliability and operational cont
Slide 12: Electric Power Distribution
ELECTRIC POWER DISTRIBUTION CEO continues delivering a resilient operation, strengthening the competitiveness of the service through participation in all energy procurement mechanisms and moving toward sustainable growth for customers, territories, and shareholders. CONNECTED CUSTOMERS Quality Servi
Slide 13: Energy Solutions
ENERGY SOLUTIONS Energy Solutions supports Promigas´ growth diversification, sutainability, and risk management objectives, driving its evolution into a multi-energy company with a broader reach, enhanced capabilities and a stronger regional presence. 1,448.3 MW 1,109.6 MW Operating · 77% 338.7 MW C
Slide 14: Zelestra's Platform Positioning in LatAm
ZELESTRA'S PLATFORM POSITIONING IN LATAM 19 projects at different maturity stages across 3 Latin American countries. Operation and Construction Backlog Advanced Development Projects currently in operation and Projects with PPAs signed or advanced, land and Advanced technical stage, land secured or u
Slide 15: Non-Bank Financing
NON-BANK FINANCING Brilla expands access to financing in municipalities, promoting social development and shared value for Promigas. +24.9% of loans to people 47% in small and mid- 95% of loans were with no credit history. sized municipalities disbursed to families in (COP$ 353,800 M). socioeconomic
Slide 16: Sustainable Mobility
SUSTAINABLE MOBILITY We lead the energy transition in mobility, connecting our customers with low-emission solutions that drive a more sustainable future. CUMULATIVE RESULTS AS OF Q2: NGV Volume Q2 2026 491 Mm3 17% share. 83% share. New dedicated vehicles 754 began operating in Q2 122,542 *Estimate
Slide 17: Corporate Capex
CORPORATE CAPEX Figures in millions of pesos Gas Infrastructure Businesses Low-emissions Businesses Percentage Share 3,109 38,627 43,764 49,893 57,190 Capex 27% 73% 68,780 404,509* Energy Solutions B2M (Zelestra) Gas Distribution Gas Transportation Energy Solutions B2B Consolidated Regasification Va
Slide 18: Innovation Driving Our Growth
INNOVATION DRIVING OUR GROWTH We drive an ecosystem that connects capabilities, technology, and business opportunities. R&D and New Digital Culture of Innovation Innovation Innovation Ecosystem Technologies Innovation Tournament New patent for transport pipeline Digital Platform to monitor multi- re
Slide 19: Detailed Financial Results: Income Statement, Consolidated
DETAILED FINANCIAL RESULTS PROMIGAS INCOME STATEMENT | Consolidated YTD 2026 – YTD 2025 1 REVENUE COSTS AND EXPENSES EBITDA 2 FINANCIAL EXPENSES NET INCOME 3 (91% of Budget) (89% of Budget) (89% of Budget) (128% of Budget) (86% of Budget) -2% vs. 2025 -1% vs. 2025 -7% vs. 2025 17% vs. 2025 -22% vs.
Slide 20: Detailed Financial Results: Income Statement, Individual
DETAILED FINANCIAL RESULTS PROMIGAS INCOME STATEMENT | Individual YTD 2026 – YTD 2025 1 EQUITY METHOD 2 3 REVENUE COSTS AND EXPENSES EBITDA FINANCIAL EXPENSES NET INCOME (93% of Budget) (91% of Budget) (91% of Budget) (91% of Budget) (129% of Budget) (90% of Budget) 1% vs. 2025 -24% vs. 2025 -24% vs
Slide 21: Detailed Financial Results: Balance Sheet, Separate
DETAILED FINANCIAL RESULTS PROMIGAS BALANCE SHEET | Separate JUNE 2026 vs. DECEMBER 2025 Assets $13.9 Bn 8% (YTD) Liabilities $7.6 Bn 22% (YTD) Equity $6.3 Bn -5% (YTD) Budget: $13.4 Bn Budget: $6.5 Bn Budget: $6.9 Bn (Execution 103%) (Execution 116%) (Execution 92%) 3% 9% 55% 15% ST financial oblig
Slide 22: Detailed Financial Results: Balance Sheet, Consolidated
DETAILED FINANCIAL RESULTS PROMIGAS BALANCE SHEET | Consolidated JUNE 2026 vs. DECEMBER 2025 Assets $25.1 Bn 21% (YTD) Liabilities $18.5 Bn 35% (YTD) Equity $6.6 Bn -5% (YTD) Budget: $22.2 Bn Budget: $14.9 Bn Budget: $7.3 Bn (Execution: 113%) (Execution: 124%) (Execution: 91%) 18% 3% Current financi
Slide 23: Successful Closing – Hybrid Bonds Issuance
SUCCESSFUL CLOSING – HYBRID BONDS ISSUANCE Promigas returns to the international capital markets with a successful hybrid bonds offering, achieving the highest overdemand in Colombian history. AMOUNT ISSUED AMOUNT DEMANDED COUPON | YIELD TERM RATINGS USD 920 M USD 2,606 m 7.75% | 7.85% 30 YEARS BB |
Slide 24: Distribution by Investor
DISTRIBUTION BY INVESTOR Investor Type Region 2% 2% 6% 11% 27% 37% 47% 32% 36% Asset Manager Pension Fund Hedge Fund Insurance Private Bank Broker Dealer LatAm US Europe Asia Bank & Trust
Slide 25: Consolidated Debt at Q2
CONSOLIDATED DEBT AT Q2 Cost: Duration: Promigas Stable Outlook Q2 2026: 8.39% 6.3 years Promigas Stable Outlook Q2 2025: 8.87% 4.4 years Local International International $13.28 Bn 43.85% vs Q2 2025 AAA BBB- Baa3 Debt Balance Relevant Transactions – Q2 2026 Funding Sources Debt by Currency ZELESTRA
Slide 26: Consolidated Debt at Q2: Debt by Company and Rate
CONSOLIDATED DEBT AT Q2 Cost: Duration: Promigas Stable Outlook Q2 2026: 8.39% 6.3 years Promigas Stable Outlook Q2 2025: 8.87% 4.4 years Local International International $13.28 Bn 43.85% vs Q2 2025 AAA BBB- Baa3 Debt by Company Q2 2026 Q2 2025 Debt by Rate PROMIGAS 40.41% 46.99% 3,76% ZELESTRA 17.
Slide 27: Promigas
S PROMIGAS
Slide 28: Deliver Reliable Energy at Scale
Promigas is a platform capable of efficiently mobilizing capital, people, and infrastructure to DELIVER RELIABLE ENERGY AT SCALE. Investor Relations Office investors@promigas.com