Posco Holdings Inc. · KRX:005490
Posco — Q3 2025 Earnings Presentation
15 slides from Posco's earnings presentation, Oct 27, 2025
Slide 1: POSCO Holdings 2025.Q3 Earnings Release
POSCO HOLDINGS 2025.Q3 Earnings Release October 27, 2025
Slide 2: Disclaimer
2 Disclaimer This presentation was prepared and circulated to shareholders and investors to release information regarding the company’s business performance prior to completion of auditing for the period pertaining to the 3rd quarter of 2025. Given that this presentation is based on unaudited financ
Slide 3: Content
Content 3 Q3'25 Consolidated Business Performance Safe Workplace Initiative Strategy, Metrics and Update Portfolio Management Update Performance by Key Business Sector I. Steel - POSCO · Production/Sales · Income - Overseas · PT-KP · PZSS · P-Maharashtra · PY-VINA II. Rechargeable Battery Materials
Slide 4: Q3'25 Consolidated Business Performance
Q3'25 Consolidated Business Performance 4 OP recovery observed for three consecutive quarters despite POSCO E&C’s weak performance Income (KRW bil., %) Financial Structure (KRW bil., %) Revenue OP Margin OP Margin Ratio QoQ Net Debt EBITDA Net Debt Ratio QoQ 18.0% 18.9% +0.9%p 18,321 16.0% 17,556 17
Slide 5: Safe Workplace Initiative Strategy
Safe Workplace Initiative Strategy 5 Group-wide safety innovations to drive the Safe Workplace Initiative Goal Taking the initiative to set the standard of Korea’s industrial safety practices 1 2 3 Expand worker engagement Design systems Enhance on-site operability as agents of prevention to promote
Slide 6: Safe Workplace Initiative Metrics and Update
Safe Workplace Initiative Metrics and Update 6 LTIFR1 Serious accidents Accident rate (No. of lost time injuries 1 mil./ total hours worked) (No. of deaths) (%, No. of accident victims4 /No. of workers covered by Workers’ Comp) Global steel industry2 Global peers3 Korean companies5 POSCO HOLDINGS an
Slide 7: Portfolio Management Update
Portfolio Management Update 7 Between '24-Q3'25, portfolio management progress rate is 50%, with 63 projects completed and cash generation of KRW 1.4 trillion* * Based on cash collected; KRW 102.5 billion demolition cost not included. Project Scope 126 projects including 55 under-performing projects
Slide 8: POSCO
POSCO 8 Production/Sales (KRW bil., %) Income (KRW bil., %) Crude Steel (Kt) Sales Volume (Kt) Utilization Rate* QoQ Revenue OP Margin OP Margin Ratio QoQ % of Premium Plus Products Sold** 90.3% 87.6% +3.2%p 6.6% 84.4% +0.9%p 5.7% 4.6% 9,234 +417 9,479 8,791 150 8,651 8,374 8,241 8,947 8,248 8,169 +
Slide 9: Steel (Overseas)
Steel (Overseas) 9 PT. Krakatau POSCO (Indonesia) (KRW bil.) PZSS (China) (KRW bil.) Revenue OP Margin QoQ Revenue OP Margin QoQ 710 674 801 668 +6 629 22 607 32 31 1 1 29 33 17 +16 Q3 2024 Q2 2025 Q3 2025 Q3 2024 Q2 2025 Q3 2025 POSCO Maharashtra (India) (KRW bil.) PY VINA (Vietnam) (KRW bil.) Reve
Slide 10: POSCO FUTURE M
POSCO FUTURE M 10 Income (KRW bil.,%) Revenue & OP by Segment (KRW bil.) Revenue OP Margin OP Margin Ratio QoQ Q3 2024 Q2 2025 Q3 2025 QoQ Revenue 923 661 875 +214 Energy Material 583 316 533 +217 923 875 +214 Base Material 340 345 342 △3 661 +7.5%p Operating Profit 1 1 67 +66 7.6% 0.1% 0.1% Energy
Slide 11: POSCO INTERNATIONAL
POSCO INTERNATIONAL 11 Income (KRW bil.,%) Revenue & OP by Segment (KRW bil.) Revenue OP Margin OP Margin Ratio QoQ Q3 2024 Q2 2025 Q3 2025 QoQ Revenue 8,356 8,144 8,248 +104 4.3% 1) 1,043 921 1,226 +305 3.9% Energy 3.8% 0.1%p 2) Steel Mtrls,etc. 7,313 7,223 7,022 △201 8,356 8,248 8,144 +104 357 314
Slide 12: POSCO E&C
POSCO E&C 12 Income (KRW bil., %) Revenue & OP by Segment (KRW bil.) Revenue OP Margin OP Margin Ratio QoQ Q3 2024 Q2 2025 Q3 2025 QoQ Revenue 2,178 1,866 1,408 △458 1.7% 4.9% Plant 513 481 387 △94 Infrastructure 320 213 89 △124 2,178 13.8% Construction 1,352 1,173 922 △251 8.9%p 1,866 Consolidated
Slide 13: Appendix
Appendix 13 Summarized Income Statement Summarized Balance Sheet
Slide 14: Summarized Consolidated Income Statement
Summarized Consolidated Income 14 Statement (KRW bil.) Category Q3 2024 Q2 2025 Q3 2025 QoQ Revenue Gross Profit (Gross Margin) SG&A Operating Profit (Operating Margin) Profit Before Tax Net Profit Net Profit attributable to Controlling Interest EBITDA (EBITDA Margin) EPS (KRW) No. of Outstanding Sh
Slide 15: Summarized Consolidated Balance Sheet
Summarized Consolidated Balance Sheet 15 (KRW bil.) Category Q3 2024 Q2 2025 Q3 2025 QoQ Current Assets 44,199 43,658 43,772 +114 Cash Balance* 16,104 16,544 15,839 705 Accounts Receivable 10,873 11,095 11,437 +342 Inventories 13,699 12,338 12,805 +467 Non-Current Assets 58,103 57,497 58,846 +1,349