Slide 1: 2Q24 Earnings Report
2Q24 EARNINGS REPORT August 2024
Slide 2: Agenda
AGENDA 1 HIGHLIGHTS OF THE QUARTER 2 LIQUIDITY AND DEBT POSITION 3 2Q24 CONSOLIDATED RESULTS
Slide 3: Agenda
AGENDA 1 HIGHLIGHTS OF THE QUARTER 2 LIQUIDITY AND DEBT POSITION 3 2Q24 CONSOLIDATED RESULTS
Slide 4: Highlights of the Quarter: Dividends and M&A - ILAP
1| HIGHLIGHTS OF THE QUARTER 1. DIVIDENDS DISTRIBUTION 2. M&A - ILAP San Juan 193 MW Totoral 42 MW US$27 mm US$170 mm US$410 mm Distributed in May24 Distributed in Dec23 Transaction price US$197 mm Approval must be granted by the National 50% of 2023 net profit, Economic Prosecutor's Office consiste
Slide 5: Highlights of the Quarter: Pipeline of Projects in Chile
1| HIGHLIGHTS OF THE QUARTER JARDÍN SOLAR 802 MW PV CELDA SOLAR 422 MW PV + 200 MW + 240 MW STORAGE STORAGE 3. PIPELINE OF PROJECTS IN CHILE INTI PACHA 1, 2 & 3 925 MW PV + 400 MW STORAGE PAPOSO HORIZONTE 800 MW 816 MW + 180 MW DIEGO DE 220 MW ALMAGRO 200 MW STORAGE ✓ The Company entered Paposo Pump
Slide 6: Highlights of the Quarter: Pipeline of Projects in Peru
1| HIGHLIGHTS OF THE QUARTER 3. PIPELINE OF PROJECTS IN PERU BAYÓVAR 660 MW ✓ The Environmental Impact Study of Algarrobal NAYLAMP Photovoltaic Project was submitted for processing 238 MW and is currently under review by the Ministry of Energy and Mines ✓ Pampa Wind Farm Project is in an initial eng
Slide 7: Agenda
AGENDA 1 HIGHLIGHTS OF THE QUARTER 2 LIQUIDITY AND DEBT POSITION 3 2Q24 CONSOLIDATED RESULTS
Slide 8: Liquidity and Debt Position
2| LIQUIDITY AND DEBT POSITION BALANCE SHEET RATIOS DEBT PROFILE Gross US$2.1 bn Gross Debt/ 3.1x Average 3.8% Debt EBITDA interest rate Financial US$0.9 bn Net Debt/ 1.8x Average 5.4 Investments EBITDA life years AMORTIZATION STRUCTURE (US$ million) 700 600 600 Fenix 500 500 500 Colbun 400 300 200
Slide 9: Agenda
AGENDA 1 HIGHLIGHTS OF THE QUARTER 2 LIQUIDITY AND DEBT POSITION 3 2Q24 CONSOLIDATED RESULTS
Slide 10: Markets Update
3| 2Q24 CONSOLIDATED RESULTS MARKETS UPDATE MARGINAL COST DEMAND GROWTH HYDRO CONDITIONS US$72/MWh 3.6% 53% Alto Jahuel 2Q24/2Q23 Exceedance probability MARGINAL COST DEMAND GROWTH HYDRO CONDITIONS US$31/MWh 1.4% 16% Santa Rosa 2Q24/2Q23 Exceedance probability 10
Slide 11: Physical Sales and Operating Income
3| 2Q24 CONSOLIDATED RESULTS PHYSICAL SALES AND OPERATIONG INCOME CONSOLIDATED OPERATING US$426 million INCOME -22% Q/Q Sales Volume (GWh) 2Q24 2Q23 QoQ Sales Volume (GWh) 2Q24 2Q23 QoQ Regulated Clients 271 657 (59%) Regulated Clients 276 492 (44%) Unregulated Clients 2,251 2,325 (3%) Unregulated C
Slide 12: Total Generation & Raw Materials and Consumables Used Costs
3| 2Q24 CONSOLIDATED RESULTS TOTAL GENERATION & RAW MATERIALS AND CONSUMABLES USED COSTS CONSOLIDATED RAW MATERIALS US$234 million AND CONSUMABLES USED COSTS -37% Q/Q Generation (GWh) 2Q24 2Q23 QoQ Generation (GWh) 2Q24 2Q23 QoQ Hydraulic 1,637 1,140 44% Thermal - Gas 865 338 - Thermal 1,439 2,204 (
Slide 13: EBITDA Comparison
3| 2Q24 CONSOLIDATED RESULTS EBITDA COMPARISON CONSOLIDATED US$153 million EBITDA +13% Q/Q US$ million 250 200 150 135 (52) 17 132 15 100 (40) 28 47 50 (18) 0 2Q23 Regulated Unregulated Energy and Gas Coal Energy and Others 2Q24 Customers Sales Customers Sales Capacity Sales Consumption Consumption
Slide 14: Net Income and Non-Operating Income
3| 2Q24 CONSOLIDATED RESULTS EBITDA COMPARISON CONSOLIDATED US$62 million NET INCOME -53% Q/Q Non-Operating Income (Loss) 2Q24 2Q23 QoQ Net Income (US$ million) 2Q24 2Q23 QoQ (US$ million) Financial Income 14 17 (14%) Profit (Loss) Before Taxes 89 173 (49%) Financial Expenses (18) (22) (20%) Income
Slide 15: Consolidated Cash Flow
3| 2Q24 CONSOLIDATED RESULTS CONSOLIDATED CASH FLOW US$990 million -US$84 million US$906 million Beg. of Period 2Q24 Cash Flow End of 2Q24 OPERATING ACTIVITIES FINANCING ACTIVITIES INVESTMENT ACTIVITIES +US$5 million -US$45 million -US$43 million -94% Q/Q -71% Q/Q +25% Q/Q Note: All figures as of Ju
Slide 16: Disclaimer & Contact Information
DISCLAIMER & CONTACT INFORMATION ✓ This document provides information about Colbun S.A. In no case this document constitutes a comprehensive INVESTOR RELATIONS analysis of the financial, production and sales situation of TEAM CONTACT the company ✓ To evaluate whether to purchase or sell securities o
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