Organizacion Terpel Sa · BVC:TERPEL
Organizacion Terpel Sa — Investor Presentation (2026)
43 slides from Organizacion Terpel Sa's investor presentation, 2026
Slide 1: Committed to the region's mobility
Committed to the region’s mobility Corporate Presentation
Slide 2: Our Purpose
Our Purpose To powerpeople, companies, and the country with the best energy, keeping them on the move.
Slide 3: More than 50 years keeping the region on the move
More than 50 years More than keeping the50 yearson the move region keeping the region on the move Foundation of “los Terpel is founded in Terpeles”. First lubricant Terpel acquires Repsol Acquisition of Gazel Bucaramanga Terpel is founded, in factory and entrance Foundation into of “los Terpeles”. C
Slide 4: Organización Terpel, much more than fuel
Organización Terpel,much more than fuel 2,370 service stations in Latin 38 trillion pesos billed in Operations in 5 America. consolidated revenues countries in Latin America 52 million 1.8trillion gallons of lubricants sold pesos of consolidated EBITDA in Latin America Leader in fuel distribution in
Slide 5: Service network
Regional operations inLatin America 2,370service stations Service 542 points offering convenience services network 29 airports 75 electric charging points Average Market Share in 2025 Fuel Aviation Industry Lubricants CNG 43% 71% 23% 36% 46% 36% 4% 18% N/A N/A N/A 7% N/A 36% 0.4% 10% N/A 9% 14% N/A
Slide 6: At your service!
At your service! Come with us as we continue to fulfill our dream of being the #1 brand in the hearts of consumers.
Slide 7: Corporate Structure
CORPORATE STRUCTURE Gomjar y CIA Mediterraneo Fondo Inversiones Copec Overseas Wayco Int. Radysade S.A.S. Copec de Inversión Privado S. EN C.A. Valin S.A.S. SPA 2.5% 2.4% 2.9% 56.2% 4.3% 3.1% 2.3% Other shareholders 26.3% 100% 99% 99% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 51% 100% Invers
Slide 8: Empresas COPEC
Empresas COPEC Main shareholder and long - term player in the energy sector
Slide 9: Corporate Governance
Corporate Governance Executive Committee Oscar Bravo President 19 years Sandra Rodríguez Liliana Tovar Johand Patiño Alejandra Londoño Alonso Botero VP Lubricants VP Aviation and Marine Fuels VP Fuel Sales VP Convenience services VP Corporate Finance 25 years 34 years c 24 years 6 years 5 years Dani
Slide 10: Corporate governance
Corporate governance Corporate Governance Structure Members of the Board of Corporate Governance Structure Statutory auditor Directors General Shareholders’ Assembly Arturo Natho Gamboa Jorge Bunster (Copec S.A.) (former Chilean Minister of Energy) External Audit Sylvia Escovar Gomez Jose Oscar Jara
Slide 11: Our Businesses
©) terpel Our Businesse :
Slide 12: Service stations
Service stations Unique and innovative design 2,364 million gallons sold 43% market share in Colombia 2% vs 2024 2.2 trillion pesos in gross profit 58% of consolidated 2% vs 2024 gross profit We have 2,370 service stations in Colombia, Ecuador, Panama, and Peru that offer a broad portfolio of energy
Slide 13: Lubricants
Lubricants A uniting of leaders We began our contract 52 million gallons sold 2018 with Mobil in Colombia, Ecuador, and Peru, which lasts out to 2028 3% vs 2024 1,036 billion pesos in gross profit 28% of consolidated 12% vs 2024 gross profit The Mobil, Terpel, and TotalEnergiesbrands offer consumers
Slide 14: Aviation
Aviation We are a company that flies high 490 million gallons sold 71% market share in Colombia 4% vs 2024 213 billion pesos in gross profit 6% of consolidated - 27% vs 2024 gross profit We sell and handle aviation fuels and provide into - plane fueling services to 29 airports in Colombia, the Domin
Slide 15: Convenience services
Convenience services On the way to everywhere 426 billion pesos in 5% sales of consolidated gross profit 12% vs 2024 171 billion pesos in gross profit 12% vs 2024 We have542 points of sale in Colombia, Ecuador, Panama, and Peru, including stores, refreshment kiosks, and car washes. Our Convenience S
Slide 16: Fuels for industry
Fuels for industry We support the region’s development 239 million gallons sold 23% market share in Colombia - 10% vs 2024 98 billion pesos in gross profit 3% of consolidated - 14% vs 2024 gross profit We supply fuels to the internal operations of more than 600 customers in Colombia, Ecuador, Panama
Slide 17: Marine fuels
Marine fuels We move the economy on the sea 21 million gallons sold 8% market share in Colombia - 11% vs 2024 15 billion pesos in gross profit 1% of consolidated 0% vs 2024 gross profit We providemarine dieselto customers inColombia and Panama, to move passenger ships, fishing vessels, tuna seiners,
Slide 18: Terpel moves into new trends in energy
Terpel moves into new trends in energy
Slide 19: New Mobility
New Mobility Committed to Sustainability 62 Charging points 10 Charging points 3 Charging points1 We create incentives for more sustainable mobility that go beyond the product to focus on service and memorable experiences for our customers. The Terpel App- a 100% digital, self - managed sales channe
Slide 20: New Energy
New Energy Committed to Sustainability 56,844 23 100+ solar systems at Terpel service Solar projects built in 17 of 32 Solar modules stations (27,475 installing process) departments of Colombia. 37 3.2 GWh 3.8 GWh self- generation facilities Total self- generated energy in plants Total self- generat
Slide 21: Planeta Rica Solar Park
Terpel Colombia moves forward in the energy transition - Planeta Rica Solar Park As part of our commitment to sustainability in Colombia, wetook a decisive step by acquiring a 26.6 MWp solar plant in the northern part of the country. The plant has the capacity to generate 45,000 MWh of energy per ye
Slide 22: Using the best technology to power transformation
Using the best technology to power transformation
Slide 23: Digital transformation
Digital transformation Virtual network – 5 Products (Terpelpos, TerpelApp, Partners, Self- management, gift vouchers) Terpel’s digital transformation model allows it to continually improve the physical experienceof its COP 30,617+ COP 30+ 50+ customers and partners at points of sale. (billions) (bil
Slide 24: Loyalty program in Colombia: 4.2 million customers
Active customers: App downloads: Our loyalty program 57% 6.9 million launched in Colombia in 2021 has grown to Participating service stations: 4.2 million 1,337 customers! Loyalty Volume Rate Loyalty VolumeRate as of December 2025 service stations: NGV: 62% 70% Altoque stores Loyalty Transaction par
Slide 25: Loyalty program in Panama
Our Loyalty program in Active customers: Panama currently has: 55% 339,942 Participating service Loyalty Volume Rate: customers! stations: 191 60% as of December 2025 Participating Va&Ven Loyalty Sales Rate: And we are looking to stores: close out 2026 with 68 33% 460,000!
Slide 26: Significant events 2026
Significant events 2026
Slide 27: S&P Ratings reaffirms our highest credit rating in Colombia
S&P Ratings reaffirms our highest credit rating in Colombia For the tenth consecutive year, Standard &Poors confirmed our “AAA/ Stable”credit rating, the highest available in Colombia. This distinction reflects the company´s strong financial position, operational resilience and continued ability to
Slide 28: Acquisition of a Second Solar Farm - Pétalos del Norte
Acquisition of a Second Solar FarmAdquisición - Pétalos del Norte. As apart of our energy transition strategy, we acquired our second photovoltaic solar facility, Pétalos del Norte. Connected to the national power grid, this asset contributes to a cleaner, morediversified energy matrix while strengt
Slide 29: Launch of our Terpel GT Premium Portfolio
Launch of our Terpel GT Premium Portfolio At the beginning of the year we officially launched our Terpel GT Premium portfolio, a new line of high- performance fuels , which include: GT Premium Diesel GT Premium Extra GT Premium Regular This milestone marks a new chapter for Colombia´s fuel market, i
Slide 30: Sustainability
Sustainability
Slide 31: At Terpel, we practice sustainability
At Terpel, we practice sustainability 1.Sustainability model: nine material aspects
Slide 32: ESG Governance
Board of Directors Executive committee* Sustainability Committee / ESG Governance Audit and Risk Management Vice president of corporate and legal affairs Corporate affairs director and Head of sustainability + Areas involved in ESG The Executive Committee participates in each material issue in accor
Slide 33: Terpel is one of the world's most sustainable companies
TERPEL IS ONE OF THE WORLD’S MOST SUSTAINABLE COMPANIES
Slide 34: Our commitment to the environment
Climate change management and energy efficiency 50% reduction in carbon footprint (2030) • Energy efficiency projects • • • Captive use of renewable energy Sustainable mobility Carbon credit emissions 10% lower accident rate (2025) of lubricant containers sold Our 30% collected (2030) Safe operation
Slide 35: Educating to transform lives
More than 20 years Educating to transform lives 2.2+ millionbeneficiaries, including students, principals, teachers, officials from departments of education, and parents. 3,300+ beneficiary schools. 94+ billion pesosinvested from the beginning of the Foundation in 2004. 25 Libraries delivered 47,000
Slide 36: ESG results
ESG results Progress 2025- Colombia E S G 60+ 38% 2,300+ million gallons Voltex electric charging points of the team are women in the region 37 work centers that generate 2.9+ billion pesos invested in training our 2,000+ service stations their own non- conventional employees. across the region rene
Slide 37: Financial Results
Financial © Results
Slide 38: Consolidated operating results – Sales volume
Consolidated operating results– Sales volume Evolution in sales volume by country Sales volume by business 2025 (millions of gallons) CAGR 2020-2025: 6.93% SS Liquids Aviation SS NGV Lubricants Marine SS LPG
Slide 39: Consolidated operating results - EBITDA
Consolidated operating results- EBITDA EBITDA evolution by country EBITDA by business 2025 (COP millions) CAGR 2020-2025: 25.39% Service Aviation Industry Lubricants Marine Stations Convenience Electromobility services
Slide 40: Share price and dividend history
Share price and dividendhistory BVC: Terpel CB Closing price Historical high: Stock capitalization1: Number of shareholders2: COP 18,700 COP19,700 COP 3.39 trillion 9,500+ registered in the BVC (December 30, 2025) (December 19, 2025) (181.4 million shares in circulation) 𝐷𝑖𝑣𝑒𝑛𝑑𝑒𝑛𝑑 𝑝𝑒𝑟…
Slide 41: Consolidated CAPEX
Consolidated CAPEX % Capex by Country % Capex by Segment New New Maintenance Service Convenience Capex stations services 18 points 21 60% of the total 13% 9% points 76% 13% CAPEX COP496,611 million 14% 46% 2% 3% 9% 5% 2% 3% 5% CAGR 2020 - 2025: 4.5% CAPEX Acumulado (Miles de millones de pesos) 593 5
Slide 42: Consolidated debt ratios
Consolidated debtratios Debt/ EBITDA/ Average life EBITDA Interest of debt 1.7x 6.5x 7.42 years Debt ratio performance* Interest Coverage Ratio peformance Notes: (*) Gross debt
Slide 43: Thank you
Thank you Investor relations team Contact information Fabián Efrén Jiménez e- mail: inversionistasIR@terpel.com Financial planning manager Phone: +(571) 326- 7878 Ext. 1529 Federico Cortés Fernández de Castro Head of financial strategy https://www.terpel.com/Accionistas/Relacio n- con- Inversionista