Petronas Chemicals Group Bhd. · MYX:PCHEM
Petronas Chemicals Group Bhd — PETRONAS Gas Berhad — Q1 2026 Earnings Presentation
21 slides from Petronas Chemicals Group Bhd's earnings presentation, May 19, 2026
Slide 1: PETRONAS Gas Berhad Analyst Briefing for 1st Quarter Ended 31 March 2026
PETRONAS Gas Berhad Analyst Briefing for 1st Quarter Ended 31 March 2026 PROGRESSING WITH RESILIENCE Tuesday, 19 May 2026 6:00 p.m. - 7:00 p.m. (GMT+8) © 2026 Petroliam Nasional Berhad (PETRONAS)
Slide 2: Disclaimer
Disclaimer Warranties and Exclusion of Liability PETRONAS Gas Berhad (PGB), its subsidiaries and related corporations confirm that reasonable care has been taken in ensuring the accuracy and correctness of information, statements, text, articles, data, images and other materials contained and appear
Slide 3: PETRONAS Gas Berhad Leadership Team
PETRONAS Gas Berhad Leadership Team Abdul Aziz Othman Shahrul Azham Sukaiman W Khairul Nizam W Kassim Managing Director/ Chief Head Chief Executive Officer Financial Officer Business Development & Commercial M Fairos Roslan Azrul Roshazli Abdul Rahman Suriyanti Nordin Chief Operating Officer, Chief
Slide 4: Content
Content 01 KEY HIGHLIGHTS 02 BUSINESS & FINANCIAL PERFORMANCE 03 MOVING FORWARD 04 Q&A © 2026 Petroliam Nasional Berhad (PETRONAS) 5
Slide 5: Key Highlights
KEY HIGHLIGHTS
Slide 6: West Asia conflict and higher crude price elevate cost of doing business
West Asia conflict and higher crude price elevate cost of doing business 46.92 MRP 42.55 38.82 33.86 (RM/MMBtu ) 33.05 40.68 0.5296 0.5119 0.4295 0.4867 0.4607 Electricity Tariff 0.4643 (RM/kWh) 4.56 4.59 MYR/USD 4.29 (RM ) `` 3.96 119.0 116.93 Service Producer 115.13 115.85 Price Index (SPPI ) Annu
Slide 7: PGB delivered resilient Q1 2026 results, anchored in key business milestones
PGB delivered resilient Q1 2026 results, anchored in key business milestones Financial Highlights Business Highlights First Year of RP3 Period (RM Mil) Q12026 Q12025 *Effective 1 Jan 2026 – 31 Dec 2028 Revenue 1,585 0.6 % 1,595 Progressing Kimanis Power Plant Dua, IPP Labuan and LinkaranFibre Gros
Slide 8: RGT-3 to strengthen LNG supply in Peninsular Malaysia
RGT - 3 to strengthen LNG supply in Peninsular Malaysia Malaysia’s first FSRU will be developed PETRONAS Gas Berhad has received approval from the Ministry of Economy to develop the Regasification Terminal 3 (RGT - 3) in Lumut , Perak to strengthen the supply of Liquefied Natural Gas (LNG) for Penin
Slide 9: Business & Financial Performance
BUSINESS & FINANCIAL PERFORMANCE
Slide 10: Operational excellence sustained despite cost pressures
BUSINESS & FINANCIAL PERFORMANCE: GAS PROCESSING Operational excellence sustained despite cost pressures GAS PROCESSING Operational Excellence Gross Profit OEE (%) (RM Mil) 219 223 100 99.9 99.9 198 Q1 2025 Q4 2025 Q1 2026 Q1 2025 Q4 2025 Q1 2026 Note: OEE – Overall Equipment Effectiveness © 2026 Pe
Slide 11: IBR tariff adjustment drives revenue and profit growth
BUSINESS & FINANCIAL PERFORMANCE: GAS TRANSPORTATION IBR tariff adjustment drives revenue and profit growth GAS TRANSPORTATION Operational Excellence Gross Profit Reliability (%) (RM Mil) 99.9 99.9 99.6 143 131 35 Q1 2025 Q4 2025 Q1 2026 Q1 2025 Q4 2025 Q1 2026 © 2026 Petroliam Nasional Berhad (PETR
Slide 12: 100% Operational excellence in Regasification driving revenue
BUSINESS & FINANCIAL PERFORMANCE: REGASIFICATION 100% Operational excellence in Regasification driving revenue REGASIFICATION Operational Excellence Gross Profit OEE (%) (RM Mil) 100 100 100 155 158 144 Q1 2025 Q4 2025 Q1 2026 Q1 2025 Q4 2025 Q1 2026 Note: OEE – Overall Equipment Effectiveness © 202
Slide 13: Lower prices reduced revenue, while lower fuel costs supported earnings
BUSINESS & FINANCIAL PERFORMANCE: UTILITIES Lower prices reduced revenue, while lower fuel costs supported earnings Electricity Volume Steam Volume Industrial Gases Volume GWh kMt Mil Nm 3 1,244 1,266 1,228 434 448 412 182 139 155 Q1 2025 Q4 2025 Q1 2026 Q1 2025 Q4 2025 Q1 2026 Q1 2025 Q4 2025 Q1 20
Slide 14: Overall Group performance remained resilient, supported by Gas Transportation and Regasification
FINANCIAL PERFORMANCE: GROUP Overall Group performance remained resilient, supported by Gas Transportation and Regasification segments Revenue (RM Mil) Gross Profit (RM Mil) Profit After Tax (RM Mil) 0.6 % 3.1 % 5.3 % 0.9 % 20.9 % 17.3 % 1,595 1,585 1,571 576 558 492 461 466 397 Q1 2025 Q4 202
Slide 15: Strong balance sheet and healthy liquidity supporting sustained dividends
TOTAL ASSETS , LIABILITIES & DIVIDEND Strong balance sheet and healthy liquidity supporting sustained dividends to shareholders Total Assets (RM Mil) Total Liabilities (RM Mil) Dividend Per Share (sen) 19,814 19,640 2,271 Other Assets 2,385 1,938 Cash and Cash 1,516 Equivalents 5,106 4,894 Trade Pay
Slide 16: Moving Forward
MOVING FORWARD
Slide 17: Navigating earnings pressure while sustaining shareholder returns
Navigating earnings pressure while sustaining shareholder returns CAPEX (RM Mil) 2,457 Shift towards growth investments 1,041 2020 2021 2022 2023 2024 2025 Investment to Sustain Existing Core Businesses Explore Growth Opportunities Investment for Growth © 2026 Petroliam Nasional Berhad (PETRONAS) 30
Slide 18: Moving Forward… Progressing with Resilience
Moving Forward… Internal Reorganisation Reinforce safe and disciplined operations and project delivery Disciplined Capital Allocation Unlock value from our core assets and capabilities Human Capital Advance adjacent and step out opportunities PROGRESSING WITH RESILIENCE © 2026 Petroliam Nasional Ber
Slide 19: Q&A
Q&A
Slide 20: Contact Us
Contact Us Suriyanti Nordin Head, Investor Relations ir.petronasgas@petronas.com www.petronasgas.com © 2026 Petroliam Nasional Berhad (PETRONAS) 36
Slide 21: Progressing with Resilience
PROGRESSING WITH RESILIENCE www.petronas.co: m/pgb