Gt Capital Holdings, Inc. · PSE:GTCAP
Gt Capital — 9M 2025 Earnings Presentation
45 slides from Gt Capital's earnings presentation, Nov 14, 2025
Slide 1: Nine Months 2025 Financial and Operating Results Briefing
Nine Months 2025 Financial and Operating Results Briefing via Zoom Friday, 14 November 2025 2:30 PM For more information, visit gtcapital.com.ph/investor-relations or contact IR@gtcapital.com.ph
Slide 2: Macroeconomic Highlights
Macroeconomic Highlights GT Capital Nine Months 2025 Financial and Operating Results Briefing
Slide 3: Macroeconomic Indicators
Macroeconomic Indicators GDP 12.0 GDP Quarterly (%YoY) Top Industry Drivers for Nine Months 2025 GDP Growth 4.0% 3Q 2025 7.9 8.1 Financial and 7.5 7.7 7.1 6.4 Insurance +5.5% 5.2% Bloomberg 7.0 6.5 (versus 6.0 5.5 5.9 5.5 Consensus 3Q 2025) 5.2 5.3 5.4 5.0% 9M 2025 versus Activities 5.9% 9M 2024 • C
Slide 4: Macroeconomic Indicators
Macroeconomic Indicators OFW 3.4% 3.4% USD B x %YoY Other Macroeconomic Indicators 3.0% 3.3% Remittances 2.6% 2.8% 3.1% 3.0% 2.8% 3.6% 3.1% FDI USD4.7B net inflows (In USD B) Jan-Jul 2025 -20% 10.0 8.9 8.7 9.7 9.2 9.0 10.0 10.3 9.4 9.3 Overall USD5.3B deficit USD25.5B 6.8 BOP in 9M 2025 vs. Jan-Aug
Slide 5: Macroeconomic Indicators
Macroeconomic Indicators Inflation PH Inflation US Inflation Most institutions expect inflation to further ease for FY 2025 1.7% Jan-Oct 2025 Estimates as of Aug-25 Oct-25 vs. 8.0% BSP 1.6% 1.7% 3.2% FY 2024 Average Bloomberg 2.0% 1.8% Reduction on Consensus 6.0% FY2023 Average Rice Tariff from 35%
Slide 6: Macroeconomic Indicators: BSP Policy Rate and USDPHP
Macroeconomic Indicators BSP Policy Rate USDPHP Fed Funds Rate BSP Rate -100 bps Jan-Oct 2025 60 7.00 6.50 4.75% 6.25 6.25 6.00 58 5.50 5.75 6.00 RRR 5.50 5.25 -200 bps 5.00 5.00 5.50 5.00 Jan-Oct 2025 56 4.75 5.25 5.00 4.50 4.75 5.0% 4.25 Php320B freed up 4.50 4.25 54 4.00 4.00 4.00 4.00 “Monetary
Slide 7: Summary: Macroeconomic Highlights
Summary Macroeconomic Highlights • Near term: GDP Growth faces downside risk • Weak public spending and softer household purchases drove Q3 weakness. However, with inflation below target, the BSP has room to cut rates further to shore up demand, and it already began doing so. • Stabilizers: OFW remi
Slide 8: Consolidated Financial Highlights
Consolidated Financial Highlights GT Capital Nine Months 2025 Financial and Operating Results Briefing
Slide 9: GT Capital Financial Highlights 9M 2025
GT Capital Financial Highlights 9M 2025 Core Net Php25.95 Billion 9M2025 +21% Income Php21.39 Billion 9M2024 Reported Php26.04 Billion1 9M2025 +20% Net Income Php21.72 Billion2 9M2024 1) Php398 M share in MPIC’s nonrecurring gains, offset by Php88 M effect of business combination 2) P426M share in M
Slide 10: Record High Nine Months Earnings in 2025
Record High Nine Months Earnings in 2025 Core Net Income 26.0 9M 2025 21.4 +21% 16.6 vs. 9M 2024 12.0 11.3 8.1 3.7 9M 2019 9M 2020 9M 2021 9M 2022 9M 2023 9M 2024 9M 2025 11
Slide 11: GT Capital Financial Highlights 9M 2025
GT Capital Financial Highlights 9M 2025 Revenues Revenues Gross Premium Share in Opr. Core Inc. Revenues Php117.2B +7% Php7.6B -21% Php27.1B +20% Php27.2B +12% Php199.6B +12% Net Income Net Income Net Income Core Net Income Net Income Php37.3B* +4% Php152M -77% Php2.1B +4% Php23.6B* +14% Php16.8B* +
Slide 12: GT Capital Net Income Contribution per Sector 9M 2025
GT Capital Net Income Contribution per Sector 9M 2025 Others Property Others Property 4% 3% 3% 1% Infra Infra Auto 16% Auto 15% 26% 31% Banking Banking 52% 49% 9M 2024 9M 2025 Banking + Auto = 78% Banking + Auto = 80% 13
Slide 13: Operating Company Highlights
Operating Company Highlights GT Capital Nine Months 2025 Financial and Operating Results Briefing
Slide 14: Financial Highlights (Metrobank)
<> Metrobank FEN GT CAPITAL a 1 * HOLDINGS INCORPORATED You're in good hands Thank you for your trust Financial Highlights
Slide 15: Metrobank Financial Highlights 9M 2025
Metrobank Financial Highlights 9M 2025 MBT Loan Growth vs. GDP Growth MBT Gross Loans (%YoY) PH GDP (%YoY) Php 1.9T 17% 14% 8% 12% 15% 16% 5% 6% 16% 13% 11% 7% 6% 5% 6% 8% 4% 6% 4% -1% -8% -13% 2020 2021 2022 2023 3M24 6M24 9M24 FY24 3M25 6M25 9M25 Loan Growth Drivers Corp. & Mid-Mkt. %YoY +9% Credi
Slide 16: Summary of Key Results
Summary of Key Results • Record Net Income of Php37.3B +4% and Pre-Provision Operating Profit of Php59.2B +12% in 9M 2025 • Loan growth of +11% to Php1.9T, in line with guidance of 1.5x to 2x of real GDP growth • Strong performance of consumer segment +16%, driven by credit cards +21%, auto +15%, an
Slide 17: Industry Highlights
eNGT CAPITAL |\EEDERAL LAND ae HOLOINGS NCORFORATED Industry Highlights
Slide 18: Metro Manila Residential Supply and Demand
Metro Manila Residential Supply and Demand 9M 2025 Residential Demand Mix Metro Manila Residential Condominium Supply and Demand High End Luxury (over Php12M) Launches (Supply) RFO (Supply) 9M Take-up (Demand) FY Take-up (Demand) Upscale (Php7-12M) 100,000 “Affordability remains a key issue as most
Slide 19: Metro Manila Office Supply and Demand
Metro Manila Office Supply and Demand 9M 2025 Metro Manila Office Supply, Demand, Vacancy Rate Office Demand Mix BPO Gaming Office Supply (Incremental) Office Take-up (Incremental) Vacancy Rate (Cumulative) Traditional Government 15.7% 18.8% 19.3% 19.8% 18.0% 5% 1.20 Annualized: 1.07 1.12 1.00 755K
Slide 20: Financial Highlights (Federal Land)
eNGT CAPITAL |\EEDERAL LAND ae HOLOINGS NCORFORATED Financial Highlights
Slide 21: Federal Land Financial Highlights 9M 2025
Federal Land Financial Highlights 9M 2025 Monthly Reservation Sales (Php M) Reservation Sales Mix High End Luxury (over Php12M) Haru and Aki 2025 2024 *Horizontal Pivot Upscale (Php7-12M) (1Q 2025) 2,453 Mid Income - Affordable (<7M) Hartwood Phase 1* 2,081 11% 1,929 (July 2024) 1,638 1,600 Php12.6B
Slide 22: Summary of Key Messages
Summary of Key Messages • Metro Manila vertical residential and office markets remain soft • Reservation sales driven by RFOs in the Bay Area and BGC, FNG projects (Yume, The Observatory, Commercial Lots) • Shift to horizontal projects outside Metro Manila resulted in a 6% year- on-year increase in
Slide 23: Automotive Sector Highlights
Automotive Sector Highlights
Slide 24: Philippine Automotive Sector
Philippine Automotive Sector Expected to reach new all-time high in 2025 PH Automotive Industry Retail Vehicle Sales (in 000 units) +5% Est. 490- +8% 500 473 474* 439 402 400 410 361 322 269 280 242 361 208 183 142 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025E Excise Ta
Slide 25: Financial Highlights (Toyota)
CP) “GT CAPITAL TOYOTA | Financial Highlights
Slide 26: Key Highlights 9M 2025
Key Highlights 9M 2025 Revenues Industry* Monthly Retail Vehicle Sales (In 000 Units) P199.6B +11.6% Retail Vehicle Sales 2023 2024 2025 361,317 Units 38.9 40.4 42.1 41.9 42.7 40.9 38.2 40.7 Net Income 35.3 in 9M 2025 P 16.8B +38.1% +3.8% YoY > FY2024 NIAT P 15.9B vs. 347,923 Wholesale Volume in 9M
Slide 27: Toyota Retail Sales Highlights 9M 2025
Toyota Retail Sales Highlights 9M 2025 TMP Top Selling Passenger Cars (Ranked by units) Triple Crown Award Segment 48% 64% 52% 2021 2022 2023 2024 9M 2025 Share No.1 46% 48% 46% 46% 45.6% 9M 2025 Vios Wigo Camry Overall Sales* (47.8% CAMPI) Unit Sales 20,396 13,240 388 61% 60% 53% 55% 47.9% No.1 % t
Slide 28: Retail Sales Mix 9M 2025 by Origin
Retail Sales Mix 9M 2025 From Origin PHL PHL 30% 25% JPN JPN THA 13% THA 10% 159,088 164,797 14% 14% units units IND IND 46% 47% 9M 2024 9M 2025 CBU (JPN, IND, THA) = 70% CBU (JPN, IND, THA) = 75% CKD (PHL) = 30% CKD (PHL) = 25% 29
Slide 29: Electrified Vehicle Market
Electrified Vehicle Market Growing at a fast pace HEV PHEV BEV Share of EV Market to Total Industry Sales 2022 2023 2024 9M25 24,294 +173% 38,678 1.01% 2.64% 5.13% 10.70% 12% 5,990 15% 2,877 12% 2,870 15,078 39% 11,584 537 5% 14,178 136 581 1% 18,547 4% 46% 10,911 94% 76% 17,610 1,165 3,636 13,597 9
Slide 30: Toyota and Lexus Electrified Sales
Toyota and Lexus Electrified Sales Toyota HEV Sales as % of Total Sales Combined Lexus HEV Sales as % of Total Sales 5.55% 7.20% Toyota + Lexus 71% 92% 92% 0.05% 0.29% 0.54% 1.05% 2.97% 9M 2025: 14% 8% 17% 35% 7.9% (9M 2024: 6.3% Toyota HEV Unit Sales +31% 9M 2025 vs. 9M 2024 Lexus HEV Unit Sales EV
Slide 31: Sales Growth Supplemented by TFSPH
Sales Growth Supplemented by TFSPH TFS Quarterly Applications and Penetration Applications Penetration Rate 68,344 64,758 66,148 64,649 59,372 60,683 60,218 56,382 56,732 57,385 57,382 56,82555,041 58,037 52,95851,79054,771 53,068 49,298 49,251 45,786 38,144 32,164 48% 50% 48% 43% 44% 41% 38% 34% 33
Slide 32: Toyota CKD Model Performance
Toyota CKD Model Performance Toyota CKD Models PC/CV Mix 9M 2025 Higher production PC CV in Toyota Sta. Rosa 48% Assembly Plant 70% 79% 48,365 Subcompact PC Segment Share 9M 2025 30% 21% units assembled 9M 2025 9M24 9M25 33% CKD/CBU Mix 9M 2025 Pure CV CKD CBU Segment Share 9M 2025 70% 75% 17% Compa
Slide 33: Lexus maintains strong growth in the Auto Luxury segment
Lexus maintains strong growth in the Auto Luxury segment Retail Sales 2025F 2,263 2,200 1,843 1,470 861 626 568 474 2019 2020 2021 2022 2023 2024 9M 2025 Source: Lexus 34
Slide 34: Summary of Key Messages
Summary of Key Messages • Motorization in the Philippines continues despite economic slowdown • Industry sales 361,317 units+3.8% • TMP retail sales 164,797 units+3.6% • 45.6% TMP market share • Provincial sales recorded at 67.0% of total sales • Toyota continues with its multi-pathway strategy, rep
Slide 35: Moving Forward
CGT CAPITAI Pushing Boundaries HOLDINGS INCORPORATED Achieving More Moving Forward
Slide 36: Riverpark Campus: Ateneo de Manila University
Ateneo de Manila University Riverpark Campus “Our investment in this campus reflects our long-term commitment to creating sustainable value for generations of Filipinos, anchored on the values of excellence and service.” – GT Capital Vice Chairman Alfred Ty (15 has.) Memorandum of Agreement signing
Slide 37: The Grand Midori, Ortigas, Pasig City
The Grand Midori Ortigas, Pasig City • Designed in collaboration with Tange Associates, the world- renowned Tokyo-based architectural firm • Tower 1 inaugurated in October 2025 • 75% sold; turnover of units are ongoing 38
Slide 38: The Observatory (Mandaluyong City)
The Observatory (Mandaluyong City) • 4.5 hectare site strategically located in Mandaluyong City, the center of three major central business districts: Makati, BGC and Ortigas • Mixed-use community in an area surrounded by stand-alone residential and office buildings • Provides an unobstructed view o
Slide 39: Riverpark Updates
Riverpark Updates Uniqlo Logistics Facility Artist’s Perspective • Target completion date: February 2026 • GLA of approx. 38k square meters • Integrate technology and sustainable practices • Will impact local economy by providing employment opportunities Actual Photo as of Nov 2025 40
Slide 40: Tamaraw boosts Pure CV Market Segment sales
Tamaraw boosts Pure CV Market Segment sales 33% Pure CV Market Segment before Tamaraw Total 10,141 Toyota 23,377 = 43% 5,576 1,443 3,641 2,576 Tamaraw Pure CV Segment Units Launched in Share 9M 2024 January 2025 L300 Travis Other MPV Liteace Other MPV 9M 2025 > 1 Ton < 1 Ton Pure CV Market Segment 9
Slide 41: All-New ATIV
All-New ATIV Toyota’s Multi-Pathway Strategy Launched October 2025 HEV variant starts at Php1.198 Mn 42
Slide 42: bz4X
Toyota’s Multi-Pathway Strategy bz4X TMP’s first Battery Electric Vehicle offering in the PH to be launched in December 2025 Accepting reservations now! Price starts at Php2.699 Mn 43
Slide 43: Inauguration of Lexus Manila Gallery BGC
Inauguration of Lexus Manila Gallery BGC 44
Slide 44: Our Key Messages
Our Key Messages • GT Capital’s resilient performance achieved record levels through the strength of our core businesses: • Core net income Php25.95B +21% • Reported net income Php26.04B +20% • Metrobank net income Php37.3B +4% • MPIC core net income Php23.6B +14% • TMP net income Php16.8B+38% • Key
Slide 45: Thank You!
Thank You! Nine Months 2025 Financial and Operating Results Briefing via Zoom Friday, 14 November 2025 2:30 PM For more information, visit gtcapital.com.ph/investor-relations or contact IR@gtcapital.com.ph