Petronas Chemicals Group Bhd. · MYX:PCHEM

Petronas Chemicals Group Bhd — Q3 2025 Earnings Presentation

14 slides from Petronas Chemicals Group Bhd's earnings presentation, Nov 21, 2025

  1. Slide 1: Analyst Briefing Third Quarter Ended 30 Sep 2025

    PETRONAS Analyst Briefing Third Quarter Ended 30 Sep 2025 21 Nov 2025 ‘The PETRONAS Group adopts zero tolerance against all forms of bribery and corruption. We abide by the PETRONAS Code of Conduct and Business Ethics (CoBE) & Anti-Bribery and Corruption (ABC) Manual, guided by our Shared Values and

  2. Slide 2: Disclaimer

    Disclaimer PETRONAS Chemicals Group Berhad ("PCG’), its subsidiaries and related corporations confirm that care has been taken in ensuring the accuracy and correctness of information, statements, text, articles, data, images and other materials contained and appearing in this presentation and the as

  3. Slide 3: Content

    Content 1. Market Highlights 2. Operational and Financial Performance 3. Market Outlook 4. Key Priorities 5. Q&A

  4. Slide 4: Market Highlights

    50.5 1200 100 49.9 80 800 60 40 400 20 0 0 • • • • • • Page | 1 c Internal

  5. Slide 5: 3Q 2025 vs 2Q 2025 Highlights: Improved Earnings on Better Plant Operations and Eased FX Pressures

    3Q 2025 vs 2Q 2025 Highlights: Improved Earnings on Better Plant Operations and Eased FX Pressures ™2Q 2025 ™3Q 2025 12% Aw fe = : 5 2 **Production Volume + Plant Utilisation (PU) rate at 89.5% on overall better plant performances, despite planned turnaround activity at PC Fertiliser Sabah (2@ 2025:

  6. Slide 6: O&D: Higher revenue on higher sales volume from PPC

    O&D: Higher revenue on higher sales volume from PPC 3Q 2025 vs 2Q 2025 oduct Sales Volume (RM Milion) 561 «om 457 a2 328 327 oat 329 249 258 a L . | || Olefins , Glycols & Derivatives Polymers ‘Aromatics & MTBE 3Q.2024 m2Q.2025 302025 (110) 2Q 2025 (550) P| a“ (59) =o * Plant Utilisation (PU) % 85.6

  7. Slide 7: F&M: Higher EBITDA due to higher product spreads for urea and ammonia

    F&M: Higher EBITDA due to higher product spreads for urea and ammonia 3Q 2025 vs 2Q 2025 income (RM Milion) 556 56 5 10 EE (6) (44) EBITDA Effect of Cost of sep Admin Other EBITDA 20.2025 Net Sales Revenue Expenses Expenses Expenses/ 30.2025 Income 3Q 2025 vs 3Q 2024 (RM Miion) ) (127) =o) EBITDA Ef

  8. Slide 8: Specialties: Lower EBITDA impacted by continued market competition from China

    Specialties: Lower EBITDA impacted by continued market competition from China Sales Volume Kerr) 202025 3Q2025 Q-o-Q bey bills 224 Revenue (RM mil) [INBRalG 1,514 1345 (11.2%) easy) a er EBITDA due to lov (KMT) EBITDA Margin (%: EBITDA (RM mil) 153 49 (N41 (38.0%) volume and the one-off gain of sale

  9. Slide 9: Group: EBITDA improved on higher F&M product spreads and lower unrealised forex loss

    Group: EBITDA improved on higher F&M product spreads and lower unrealised forex loss PU Rate 11% 90% 2 2025 3Q 2025 =2Q 2025 =3Q2025 12% 5% A (Million MT) **Production Volume Sales Volume & Plant Utilisation Rate (PU)**: Higher on overall better plant performances, despite planned turnaround activit

  10. Slide 10: Cash balance mainly used to fund purchase of PPE and dividend payment

    Cash balance mainly used to fund purchase of PPE and dividend payment Cash Flow (RM Million) 2,131 (1,665) (387) (16) Cash & cash Cash flow generated Cash flow used in Cash flow used in FX impact Cash & cash equivalents from operating investing financing equivalents asat activities activities activi

  11. Slide 11: Lower total assets mainly due to weakening of USD against RM and impairment of assets

    Lower total assets mainly due to weakening of USD against RM and impairment of assets Total Assets a oe 60,020 25 179 782 58,966 i (1259) (539) (242) Asat Property Long Term Trade & Trade & Cash& Other Assets Asat 31.12.2024 Plant & Receivable Other Other Cash 30.09.2025 Equipment Inventories. Recei

  12. Slide 12: Bearish O&D market amid oversupply and weak demand while F&M stays firm

    Bearish O&D market amid oversupply and weak demand while F&M stays firm on strong urea demand. Specialties market continues to face margin pressures amid subdued demand O&D: Market sentiment remains cautious to bearish, with most products facing oversupply, weak demand, and prolonged price pressure

  13. Slide 13: Key Focus and Updates

    [Open Key Focus and Updates Value Creation and Cost Optimisation effort of over RM400 Million Realised YTD September 2025 Strengthen Operational Excellence & Commercial Excellence Expansion of Innovative & Sustainable Solutions — 15 New Products YTD * Neptem™ ° Emfinity * Perstorp Amsterdam Site Fir

  14. Slide 14: Thank you.

    Thank you. _—_——— 0

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