Transportadora De Gas Del Sur Sa Class B · BCBA:TGSU2
Transportadora De Gas Del Sur Sa Class B — Investor Presentation (May 2026)
21 slides from Transportadora De Gas Del Sur Sa Class B's investor presentation, May 2026
Slide 1: Investor Presentation
Investor Presentation May 2026 Transportadora de Gas del Sur S.A.
Slide 2: Shareholders and Management
Investor Presentation Shareholders and Management May 2026 Ownership structure Strong sponsorship from shareholders • Pampa Energía is a leading energy company with upstream O&G production Argentine providing experienced support. Pension Fund • Sielecki group is a large player in the 25.33% petroche
Slide 3: tgs is the backbone of the booming natural gas industry in Argentina
tgs is the backbone of the booming natural gas Investor Presentation May 2026 industry in Argentina Production Midstream - Collection - Treatment - Compression Services - Pipelines - Integrity Transportation - Engineering and Services - Operation and Maintenance - Special Services - Telecommunicatio
Slide 4: tgs at a Glance
Investor Presentation tgs at a Glance May 2026 Natural Gas Liquids Midstream and Transportation Other Services 1º 2º Vaca Muerta The Largest Gas Pipeline Natural Gas Shale Gas Transportation in Latin America Processor (182 km and 60 MMm3/d) VM Midstream and Conditioning (28 MMm3/d) Infrastructure 61
Slide 5: The Argentine natural gas industry
Investor Presentation The Argentine natural gas industry May 2026 Others 10% 2% Coal 1% Natural gas 8% Nuclear energy 3% 53% 24% Hydroelectricity 4% 2025 9% Renewables 7% ARGENTINE NATURAL GAS ENERGY MATRIX PRODUCTION 2024 BY PRODUCERS (141MMm3/D) 11% 23% Oil 32% 13% Source: Federal Energy Bureau –
Slide 6: tgs is the largest gas transportation company in Latin America
tgs is the largest gas transportation company in Latin America Investor Presentation May 2026 NATURAL GAS TRANSPORTATION REVENUES AND EBITDA (US$MM) FIRM AVERAGE CONTRACTED CAPACITY AND DELIVERIES (MMm3/d) Firm Average Contracted Capacity Deliveries 89.9 89.9 Revenues 410 503 497 82.6 82.5 82.6 83.0
Slide 7: Natural gas transportation tariff status
Investor Presentation Natural gas transportation tariff status May 2026 MATERIAL UPSIDE WITH HIGH TARIFF INCREASE IN 2024 AND POSITIVE 5 YEAR TARIFF REVISION April 2019 December 2019 December 2023 April 2024 April 2025 26% Tariff Emergency law and Emergency of the national Tariff 5YTR increase decre
Slide 8: Transportation Capacity Expansion Project Proposal
Investor Presentation 14 MMm /d Transportation Capacity Expansion Project Proposal 3 May 2026 • To maximize tgs’ midstream business in Vaca Muerta. La Carlota – Tío Pujio Conditioning 120 km | 36" Norte • To replace more expensive LNG and Plant – Tratayén Pipeline - TGN diesel imports. Centro Oeste
Slide 9: Our assets in Bahía Blanca
Investor Presentation Our assets in Bahía Blanca May 2026 CERRI COMPLEX (Production) 15 km GALVAN PLANT (Storage and Dispatching) 9
Slide 10: tgs is one of the largest producers of liquids in Argentina
tgs is one of the largest producers of liquids in Argentina Investor Presentation May 2026 LIQUIDS REVENUES AND EBITDA (US$MM) LIQUIDS PRODUCTION EVOLUTION (´000 MT) Ethane LPG Raw Gasoline 587 1,218 1,168 1,120 1,123 1,133 1,063 1,096 99 499 125 1,052 494 501 488 1,023 113 128 124 108 94 222 468 12
Slide 11: The vision was to expand conditioning, keeping pace with the development of VM
The vision was to expand conditioning, keeping pace with the development of VM SA) Amarillo SA) la Salina Sur Paso Bardas (YPF SA) Molina Norte El Churqui El Porton (YPF SA) Norte (YPF SA) Investor Presentation May 2026 (Total Austral SA) (YPF SA) (YPF SA) Fondo de la Chachahuen Legua/Block I Chapua
Slide 12: Midstream service provider in Vaca Muerta
Investor Presentation 1 Midstream service provider in Vaca Muerta st May 2026 DAILY AVERAGE VOLUMES TRANSPORTED AND MIDSTREAM AND OTHER SERVICES REVENUES AND EBITDA (MMm /d) 3 CONDITIONED IN VACA MUERTA (MMm3/d) 253 262 Deliveries Conditioned 27.2 197 26.8 27.1 169 166 179 20.7 133 66% 68% 25.8 16.9
Slide 13: Tratayén conditioning plant
Investor Presentation Tratayén conditioning plant May 2026 2021 2023 2024 Expansion Mod. 1 Modules 2 and 3 Modules 4 and 5 2019 2.4MMm3/d 7.0 MMm3/d 13.2 MMm3/d Module 1 5.4 MMm3/d US$ 16 MM US$ 32 MM US$ 350 MM Total capacity: Total capacity: Total capacity: 7.8 MMm3/d 14.8 MMm3/d 28 MMm3/d 13.2 MM
Slide 14: NGL project
Investor Presentation NGL project May 2026 1 2 3 4 5 EXISTING GATHERING PROCESSING LIQUIDS FRACTIONATION TERMINAL PIPELINE TRANSPORTATION VACA MUERTA SYSTEM BAHÍA BLANCA BAHÍA BLANCA TRATAYÉN POLIDUCT 20” BAHÍA BLANCA PORT TERMINAL NGL PROJECT PROCESSING 577 kms FRACTIONATION 1 Tk x 100K m3 C3 43 MM
Slide 15: Solid financial performance
Investor Presentation Solid financial performance May 2026 Revenue evolution EBITDA and EBITDA margin evolution US$mm US$mm 49% 54% 49% 54% 54% 55% 43% 39% 1,224 1,259 1,089 822 926 855 695 781 657 676 586 401 368 385 402 336 2019 2020 2021 2022 2023 2024 2025 LTM* 2019 2020 2021 2022 2023 2024 2025
Slide 16: tgs' financial situation
Investor Presentation tgs’ financial situation May 2026 • Strong cash generation. Debt profile • High level of cash and financial investments: US$ 1,274 as US$mm 500 of 03/31/2026. 490 • Diversified revenues with dollar based contracts in the non regulated business. • Low level of debt, creating a h
Slide 17: Financial highlights
Investor Presentation Financial highlights May 2026 1ST QUARTERS YEARS US$ MM 1 2026 2025 2025 2024 2023 Net revenues 329 294 1,224 1,089 855 Natural Gas Transportation 132 138 503 404 185 Liquids 132 101 468 488 501 Midstream and Other Services 65 55 253 197 169 EBITDA 212 174 657 586 334 Net finan
Slide 18: Commitment to Sustainable Development Goals (SDGs)
Commitment to Sustainable Development Goals (SDGs) Investor Presentation May 2026 Priority objectives for tgs ENVIRONMENTAL SOCIAL GOVERNANCE 18
Slide 19: ESG Strategic Plan
Investor Presentation ESG Strategic Plan May 2026 Promote Reduce renewable Manage with GHG energy and Ethical Values, emissions improve Transparency, energy and Anti- efficiency Corruption Prevent Soil and Promote Groundwater Sustainable Contamination by Development Hydrocarbons of the Value Preserv
Slide 20: Investor Presentation
For additional The material that follows is a presentation of general of various factors. These risks and uncertainties include, background information about Transportadora de Gas but are not limited to, changing business, regulatory, del Sur S.A. (“TGS” or the “Company”) as of the date of political
Slide 21: Thank you for joining us! Q&A
Thank you for joining us! Q&A tgse
Transportadora de Gas del Sur — Investor Presentation (May 2026) on 6ix