Gt Capital Holdings, Inc. · PSE:GTCAP
Gt Capital — FY2025 Earnings Presentation
45 slides from Gt Capital's earnings presentation, Mar 26, 2026
Slide 1: Full Year 2025 Financial and Operating Results Briefing
Full Year 2025 Financial and Operating Results Briefing via Zoom Thursday, 26 March 2026 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 Full Year 2025 Financial and Operating Results Briefing
Slide 3: 2025 saw a complex & evolving political & economic landscape
2025 saw a complex & evolving political & economic landscape • 1H: stable growth amid easing inflation/interest rates & PH election spend (May) • 2H: slowdown due to inclement weather (Jul-Aug.), flood control scandal (Jul-Dec.) Macro Q1 Q2 Q3 Q4 FY Average GDP growth rate 5.4% 5.5% 3.9% 3.0% 4.4% C
Slide 4: Consolidated Financial Highlights
Consolidated Financial Highlights
Slide 5: GT Capital Financial Highlights FY 2025
GT Capital Financial Highlights FY 2025 Core Net Php30.47 Billion FY 2025 +8% Income Php28.14 Billion FY 2024 Reported Php33.68 Billion1 FY 2025 +17% Net Income Php28.78 Billion2 FY 2024 1) Includes P3.42B gain on bargain purchase of MBTC shares, P500M share in MPIC’s nonrecurring gains, Parent’s P3
Slide 6: Record-High Full Year Earnings in 2025
Record-High Full Year Earnings in 2025 GTCAP Core Net Income – In PHP B 30.5 28.1 25.4 CAGR: 14.2% 15.0 15.8 15.9 13.7 11.5 11.7 11.0 9.1 7.4 5.4 6.6 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Slide 7: GT Capital Financial Highlights FY 2025
GT Capital Financial Highlights FY 2025 Revenues Revenues Gross Premium Share in Opr. Core Inc. Revenues Php158.1B +10% Php9.5B -21% Php36.2B +19% Php32.1B +13% Php263.9B +8% Net Income Net Income Net Income Core Net Income Net Income Php49.7B* +3% Php522M -30% Php2.5B +0.3% Php27.1B* +15% Php19.0B*
Slide 8: GT Capital Net Income Contribution per Sector FY 2025
GT Capital Net Income Contribution per Sector FY 2025 Others Property Others Property 5% 2% 3% 1% Infra Auto Infra 13% 16% Auto 26% 31% Banking Banking 54% 49% FY 2024 FY 2025 Banking + Auto = 80% Banking + Auto = 80% 8
Slide 9: Operating Company Highlights
Operating Company Highlights GT Capital Full Year 2025 Financial and Operating Results Briefing
Slide 10: Financial Highlights (Metrobank)
<> Metrobank FEN GT CAPITAL a 1 * HOLDINGS INCORPORATED You're in good hands Thank you for your trust Financial Highlights
Slide 11: Metrobank Financial Highlights FY 2025
Metrobank Financial Highlights FY 2025 MBT Loan Growth vs. GDP Growth MBT Gross Loans (%YoY) PH GDP (%YoY) Php 2.0T 17% 14% 7% 8% 12% 15% 16% 5% 6% 16% 5% 13% 6% 11% 9% 6% 6% 4% 4% 8% 4% -1% -8% -13% 2020 2021 2022 2023 3M24 6M24 9M24 FY24 3M25 6M25 9M25 FY25 Loan Growth Drivers Corp. & Mid-Mkt. %Yo
Slide 12: Summary of Key Results
Summary of Key Results • Record Net Income of Php49.7B +3% and Pre-Provision Operating Profit of Php78.4B +17% in 2025 • Loan growth at +9% to Php2.0T, in line with guidance of 1.5x to 2x of real GDP growth • Strong performance of consumer segment +14%, driven by credit cards +21%, auto +9%, and mor
Slide 13: Industry Highlights
eNGT CAPITAL |\EEDERAL LAND ae HOLOINGS NCORFORATED Industry Highlights
Slide 14: Metro Manila Residential Supply and Demand
Metro Manila Residential Supply and Demand FY 2025 Residential Demand Mix Metro Manila Residential Condominium Supply and Demand High End Luxury (over Php12M) Launches (Supply) RFO (Supply) FY Take-up (Demand) Upscale (Php7-12M) 100,000 “Affordability gap widen as low-income segments remain Middle I
Slide 15: Metro Manila Office Supply and Demand
Metro Manila Office Supply and Demand FY 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% 19.4% 6% 1.22 1.22M sqm 45% 1.07 1.12 46% FY25
Slide 16: Financial Highlights (Federal Land)
eNGT CAPITAL |\EEDERAL LAND ae HOLOINGS NCORFORATED Financial Highlights
Slide 17: Federal Land Financial Highlights FY 2025
Federal Land Financial Highlights FY 2025 Monthly Reservation Sales (Php M) Reservation Sales Mix High End Luxury (over Php12M) *Horizontal Pivot 2025 2024 Hartwood Upscale (Php7-12M) Haru and Aki Phase 2* Mid Income - Affordable (<7M) (1Q 2025) 2,447 35% RFO Sales (Nov 2024) Hartwood Phase 1* 2,081
Slide 18: Summary of Key Messages
Summary of Key Messages • Oversupply continues in NCR vertical residential segment as total inventory stands at 41,000 units • Buyers shifting towards the secondary market for better deals • Reservation sales driven by RFOs and commercial lot sales • Strong pre-selling by FNG • The Observatory (Sora
Slide 19: Automotive Sector Highlights
Automotive Sector Highlights
Slide 20: Philippine Automotive Sector
Philippine Automotive Sector Decent Growth Supported by Healthy Industry Sales Vehicle sales in Southeast Asia (in thousands) FY 2025 FY 2024 +3.7% Flat -7% Flat 821 819 804 866 +20% 633 634 542 491 469 450 +22% 62 51 Philippines Vietnam Singapore Thailand Malaysia Indonesia Philippines Source: PWC
Slide 21: Philippine Automotive Sector
Philippine Automotive Sector Modest growth continues to reflect underlying stability PH Automotive Industry Retail Vehicle Sales (in 000 units) 2016-2019 +3.7% +2.5% Average Sales 491 473 421 474 402 400 410 439 361 322 269 280 242 208 183 142 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2
Slide 22: Financial Highlights (Toyota)
CP) mI GT CAPITAL TOYOTA Financial Highlights
Slide 23: Key Highlights FY 2025
Key Highlights FY 2025 Industry* Monthly Retail Vehicle Sales (In 000 Units) Revenues Retail Vehicle Sales 2023 2024 2025 47.4 P263.9B +7.6% 491,395 Units 38.9 40.4 42.1 41.9 42.7 40.9 38.2 40.7 42.1 40.6 Record high 35.3 in FY 2025 Net Income +3.7% YoY P 19.0B +18.9% vs. 473,842 Record high in FY 2
Slide 24: Sales Growth Supplemented by TFSPH
Sales Growth Supplemented by TFSPH TFS Quarterly Applications and Penetration Applications Penetration Rate 77,922 68,344 66,148 64,758 64,649 59,372 60,683 60,218 56,382 56,732 57,385 57,382 56,825 58,037 52,958 54,771 55,041 51,790 53,068 49,298 49,251 45,786 38,144 32,164 48% 50% 48% 43% 44% 41%
Slide 25: Toyota Retail Sales Highlights FY 2025
Toyota Retail Sales Highlights FY 2025 Triple Crown Award TMP Top Selling Passenger Cars (Ranked by units) Segment 50% 65% 54% 2021 2022 2023 2024 FY 2025 Share No.1 46% 48% 46% 46% 46.7% FY 2025 Vios Wigo Camry Overall Sales* (49.3% CAMPI) Unit Sales 27,811 19,063 510 61% 60% 53% 55% 50.5% No.1 % t
Slide 26: Tamaraw boosts Pure CV Market Segment sales
Tamaraw boosts Pure CV Market Segment sales Tamaraw % to Total Sales CV (excl. Tamaraw) 71% Toyota No.1 229,447 PC Tamaraw in FY 2025 21% Tamaraw Launched in segment Sales 8% January 2025 Market Segment FY 2025 Total 36% 17,542 14,938 48,102 31% Segment share Units = 6,159 3,752 FY 2025 3,331 1,876
Slide 27: Toyota CKD Model Performance
Toyota CKD Model Performance Toyota CKD Models PC/CV Mix FY 2025 Higher production PC CV in Toyota Sta. Rosa 71% 79% 50% Assembly Plant 29% 21% 63,804 Subcompact PC Segment Share FY24 FY25 FY 2025 CKD/CBU Mix FY 2025 units assembled CKD CBU FY 2025 36% 72% 73% Pure CV 28% 27% Segment Share FY24 FY25
Slide 28: Electrified Vehicle Market
Electrified Vehicle Market Growing at a fast pace Hybrid Share of EV Market to Total Industry 58,905 Sales 8,355 15% 2022 2023 2024 2025 1.01% 2.64% 5.13% 11.99% 23,799 40% 24,294 12% 2,877 2,870 12% 11,584 5% 537 26,751 45% 136 1% 18,547 76% 195 358 1,165 3,636 10,911 94% 189 337 1,127 3,530 2019 2
Slide 29: Toyota and Lexus Electrified Sales
Toyota and Lexus Electrified Sales HEV Sales as % of Total Sales Combined HEV Sales as % of Total Sales Toyota + Lexus 71% 92% 91% 0.05% 0.29% 0.54% 1.05% 2.97% 5.55% 7.77% FY 2025: 14% 8% 17% 35% 8.5% (FY 2024: 6.4% 2019 2020 2021 2022 2023 2024 2025 2019 2020 2021 2022 2023 2024 2025 TMP HEV Unit
Slide 30: Lexus maintains Market Leadership in the Auto Luxury segment
Lexus maintains Market Leadership in the Auto Luxury segment Overall Market Share (Luxury) FY 2025 FY 2024 51.8% in FY 2025 53.4% 26.6% 15.1% 5.6% 0.9% BMW Mercedes Land Rover Others Source: Lexus 30
Slide 31: Summary of Key Messages
Summary of Key Messages • 2025 industry sales above historical average sales and achieved a record level. • TMP maintained market leadership, achieving a 24th Triple Crown Award • Industry sales 491,395 units+3.7% • TMP retail sales 229,447 units+5.2% • 46.7% TMP market share • The Tamaraw ranked fi
Slide 32: Moving Forward
CGT CAPITAI Pushing Boundaries HOLDINGS INCORPORATED Achieving More Moving Forward
Slide 33: GT Capital will continue to take a measured and vigilant stance
GT Capital will continue to take a measured and vigilant stance Local and Global Uncertainties Risks Middle Eastern Conflict BANKING: Slowdown in GDP growth leads to • Oil slower loan growth, increased asset quality risks • Inflation • Interest rate • Currency risk AUTOMOTIVE: Sales decline, FX impa
Slide 34: GT Capital is positioned to capture growth and recover as conditions stabilize
GT Capital is positioned to capture growth and recover as conditions stabilize Parent Debt (incl. Prefs.) – In Php B Strong Balance Sheet 94.6 94.3 94.5 93.9 93.3 81.7 76.4 • Settled Php29.8 billion debt 68.8 in the past three years • Low gearing 0.33x parent net debt-to-equity 2018 2019 2020 2021 2
Slide 35: Bright spots amidst volatility
Bright spots amidst volatility Commercial Lots Commercial and Retail Hospitality Riverpark North Commercial Lots Mitsukoshi Mall, BGC Grand Hyatt Manila Hotel • 6.9 has sold at Php70,000- • Strong tenant demand at 90% leased FY25 Occupancy 71%, +5% 90,000/sqm • 1.7 hectares of Gross Land Area FY25 N
Slide 36: Bright spots amidst volatility: The Observatory
Bright spots amidst volatility The Observatory – Sora Tower 1 Total sold: 60% Japanese buyers: 45% of total sold
Slide 37: Bright spots amidst volatility: Yume Village
Bright spots amidst volatility Yume Village, Riverpark North Yume Village • 61% Sold • 18-hectares • 296 Residential Lots
Slide 38: Bright spots amidst volatility: Uniqlo Logistics Facility
Bright spots amids volatility Uniqlo Logistics Facility • Turnover date: March 17, 2026 • GLA of approx. 38k square meters • Largest in the Southeast Asia • 400 new jobs generated • In negotiation for further expansion Delivery area Actual Photo as of Feb 2026 Mezzanine
Slide 39: CALAX Construction Updates
CALAX Construction Updates Cavite Subsection 1 Cavite Subsection 2 Cavite Subsection 3 CAVITEX to Lancaster Interchange Lancaster Int. to Governor’s Drive Governor’s Drive to Aguinaldo Highway LANCASTER INTERCHANGE RIVERPARK GT INTERCHANGE Construction Construction Construction % Completion % Comple
Slide 40: All-New All Electric Toyota Urban Cruiser BEV
All-New All Electric Toyota Urban Cruiser BEV Launched in March 2026 Starts at Key features: Php2.135 Mn Battery: 61.1 kWh LFP Range: Up to 475km USD35,400 Charger type: CCS Type 2 40
Slide 41: The All-New Toyota RAV4 HEV
The All-New Toyota RAV4 HEV Launched in March 2026 Starts at Php2.183 Mn USD36,200 41
Slide 42: Upcoming Launches – Toyota
Upcoming Launches – Toyota Toyota’s Multi-Pathway Strategy Land Cruiser FJ Hilux - BEV Land Cruiser - HEV
Slide 43: Dividend Declaration
Dividend Declaration Record Core Net Income of Php30.5 Billion in 2025 Total Dividend Payout ₱6.00 ₱8.16 ₱14.16 per share per share per share 10.0% Payout ratio Regular Cash Special Cash Dividend Dividend 43 ©2024 GT Capital Investor Relations
Slide 44: Our Key Messages
Our Key Messages • Despite the slowdown in the second half, GT Capital delivered record results in 2025, with core net income of Php30.47 billion +8% and reported net income of Php33.68 billion +17%, underscoring the strength and resilience of our core businesses • Amidst volatility, there are brigh
Slide 45: Thank You!
Thank You! Full Year 2025 Financial and Operating Results Briefing via Zoom Thursday, 26 March 2026 2:30 PM For more information, visit gtcapital.com.ph/investor-relations or contact IR@gtcapital.com.ph