Petronas Chemicals Group Bhd. · MYX:PCHEM

Petronas Chemicals Group Bhd — PETRONAS Gas Berhad — Q4 2025 Earnings Presentation

24 slides from Petronas Chemicals Group Bhd's earnings presentation, Feb 25, 2026

Slide 1: Analyst Briefing for 4th Quarter Ended 31 December 2025
PETRONAS Gas Berhad Analyst Briefing for 4th Quarter Ended 31 December 2025 Wednesday, 25 February 2026 10:00 a.m. - 11:00 a.m. (GMT+8) 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-Bri
Slide 2: Disclaimer
Disclaimer Warranties and Exclusion of Liability PETRONAS Gas Berhad (PGB), its subsidiaries and related corporations confirm that reasonable care has been taken in ensuring the accuracy and correctness of information, statements, text, articles, data, images and other materials contained and appear
Slide 3: PETRONAS Gas Berhad Leadership Team
PETRONAS Gas Berhad Leadership Team Shahrul Azham Abdul Aziz Othman W Khairul Nizam Suriyanti Nordin Sukaiman Head Managing Director/ Chief Head Business Development Chief Executive Officer Financial Officer Investor Relations & Commercial © 2026 Petroliam Nasional Berhad (PETRONAS) | 3
Slide 4: Content
Content Key Highlights Business & Financial Performance Moving Forward Q&A © 2026 Petroliam Nasional Berhad (PETRONAS) | 5
Slide 6: Strengthened Ringgit offers partial cost relief, but operation and market environment remain challenging
Strengthened Ringgit offers partial cost relief, but operation and market environment remain challenging 4.56 4.59 4.40 4.38 4.15 4.19 MYR/USD (RM ) 46.92 39.92 42.55 39.70 37.94 33.15 MRP 22.86 (RM/MMBtu ) 0.5296 0.5119 0.5054 0.3961 0.4241 Electricity 0.3308 Tariff (RM/kWh) Annual average rates 20
Slide 7: PGB delivered a resilient FY2025 performance while continuing to pursue our growth agenda
Amid a challenging environment, PGB delivered a resilient FY2025 performance while continuing to pursue our growth agenda Financial Highlights Business Highlights (RM Mil) FY2025 FY2024 Focused execution of growth projects Revenue 6,374  2.5 % 6,538 Announcement of Proposed Internal Reorganisation
Slide 8: Business & Financial Performance
BUSINESS & FINANCIAL PERFORMANCE © 2026 Petroliam Nasional Berhad (PETRONAS) | 15
Slide 9: Gas Processing delivered stable performance with improved segment results
BUSINESS & FINANCIAL PERFORMANCE: GAS PROCESSING Gas Processing delivered stable performance with improved segment results driven by lower operating expenses GAS PROCESSING 100 99.8 99.9 100 99.6 Operational Excellence OEE (%) Q4 2024 Q3 2025 Q4 2025 FY2024 FY2025 868 801 Gross Profit 214 223 (RM Mi
Slide 10: Gas Transportation: reliability improved, results impacted by tariff adjustments
BUSINESS & FINANCIAL PERFORMANCE: GAS TRANSPORTATION Pipeline network reliability improved, but segment results impacted by tariff adjustments and higher operating cost GAS TRANSPORTATION 99.9 99.9 99.9 99.9 99.3 Operational Excellence Reliability (%) Q4 2024 Q3 2025 Q4 2025 FY2024 FY2025 593 415 Gr
Slide 11: Regasification: strong reliability with higher segment results
BUSINESS & FINANCIAL PERFORMANCE: REGASIFICATION Regas terminals sustained strong reliability performance with higher segment results contributed by new revenue from LNG storage services in Pengerang REGASIFICATION 99.9 100 100 99.9 99.9 Operational Excellence OEE (%) Q4 2024 Q3 2025 Q4 2025 YTD 202
Slide 12: Utilities: segment revenue declined on lower electricity tariffs and product prices
BUSINESS & FINANCIAL PERFORMANCE: UTILITIES Segment revenue declined on lower electricity tariffs and lower product prices Electricity Volume Steam Volume Industrial Gases Volume GWh kMt Mil Nm 3 4,907 1,683 1,749 4,468 704 638 FY2024 FY2025 FY2024 FY2025 FY2024 FY2025 284 258 Gross Profit (RM Mil)
Slide 13: Financial Performance: Group
FINANCIAL PERFORMANCE: GROUP Steady operational performance across segments, earnings impacted by costs associated with programmes to address emerging operational risks Revenue (RM Mil) Gross Profit (RM Mil) Profit After Tax (RM Mil)  2.8 %  4.3 %  5.3 %  2.9 %  14.7 %  15.1 % 1,615 1,618 1,57
Slide 14: Total Assets & Dividend: PPE increased on higher CAPEX, cash remains healthy
TOTAL ASSETS & DIVIDEND PPE increased on higher CAPEX to support growth, while cash balances moderated but remain healthy, enabling dividends to be sustained Total Assets Dividend Per Share (sen) 18,755 19,814 (RM Mil ) 2,271 Other Assets 2,243 1,938 Cash and Cash 2,596 Equivalents 22 Q4 18 Q3 Divid
Slide 16: Key Highlights of RP3
Key Highlights of RP3 PGB remains profitable from regulated business segments Contributed by … and new mechanisms in tariff setting … coupled with PGB’s ongoing efforts to mitigate risks from external factors Growth in Asset Base from successful execution of RP2 projects efficient capital investment
Slide 17: PGU – sustaining safety and reliability standards in RP3
PGU – sustaining safety and reliability standards, in addition to maintaining asset integrity in RP3 Stable earnings underpinned by long - term contracts, with higher PGU system capacity utilisation Approved RP3 Tariffs Growth in Asset Base T : RM 1.196 /GJ/day • Successful RP2 project execution • A
Slide 18: RGTSU – increase in forecast send-out up to 500 mmscfd
RGTSU – increase in forecast send - out up to 500 mmscfd , with key focus on asset integrity Stable earnings underpinned by long - term contracts with expected maximised capacity up to 500 mmscfd Approved RP3 Tariffs Increase in CAPEX investment • Successful RP2 project execution • Additional invest
Slide 19: RGTP – increase in forecast send-out up to 490 mmscfd
RGTP – increase in forecast send - out up to 490 mmscfd with asset improvement for terminal reliability Stable earnings underpinned by long - term contracts Approved RP3 Tariffs Increase in CAPEX investment • Successful RP2 project execution RM 3.142 /GJ/day • Additional investments for system relia
Slide 21: PGB will remain resilient in delivering operational excellence and pursuing growth
PGB will remain resilient in delivering operational excellence and pursuing growth opportunities while navigating the emerging risks Moving Forward Safe operational and project delivery excellence Core business expansion Adjacent and step out © 2026 Petroliam Nasional Berhad (PETRONAS) | 39
Slide 23: Contact Us
Contact Us Suriyanti Nordin Head, Investor Relations ir.petronasgas@petronas.com www.petronasgas.com © 2026 Petroliam Nasional Berhad (PETRONAS) | 43
Slide 24: Catalysing Growth Shaping Tomorrow
CATALYSING GROWTH SHAPING TOMORROW www.petronas.com/pgb

PETRONAS Gas Berhad — Q4 2025 Earnings Presentation on 6ix

Petronas Chemicals Group Bhd — PETRONAS Gas Berhad — Q4 2025 Earnings Presentation

Slide 1: Analyst Briefing for 4th Quarter Ended 31 December 2025

Slide 2: Disclaimer

Slide 3: PETRONAS Gas Berhad Leadership Team

Slide 4: Content

Slide 5: Key Highlights

Slide 6: Strengthened Ringgit offers partial cost relief, but operation and market environment remain challenging

Slide 7: PGB delivered a resilient FY2025 performance while continuing to pursue our growth agenda

Slide 8: Business & Financial Performance

Slide 9: Gas Processing delivered stable performance with improved segment results

Slide 10: Gas Transportation: reliability improved, results impacted by tariff adjustments

Slide 11: Regasification: strong reliability with higher segment results

Slide 12: Utilities: segment revenue declined on lower electricity tariffs and product prices

Slide 13: Financial Performance: Group

Slide 14: Total Assets & Dividend: PPE increased on higher CAPEX, cash remains healthy

Slide 15: Briefing on RP3 Tariff

Slide 16: Key Highlights of RP3

Slide 17: PGU – sustaining safety and reliability standards in RP3

Slide 18: RGTSU – increase in forecast send-out up to 500 mmscfd

Slide 19: RGTP – increase in forecast send-out up to 490 mmscfd

Slide 20: Moving Forward

Slide 21: PGB will remain resilient in delivering operational excellence and pursuing growth

Slide 22: Q&A

Slide 23: Contact Us

Slide 24: Catalysing Growth Shaping Tomorrow