Slide 1: 1Q 2026 Investor Presentation
1Q 2026 Investor Presentation May 2026
Slide 2: Outline
Outline 1Q 2026 Results • Highlights • Operating and Financial Performance • Dividends
Slide 3: 1Q 2026 Highlights
1Q 2026 Highlights TOTAL REVENUES1 EBITDA1 NET INCOME2 P3.5B +21% P2.6B +23% P2.6B +25% OCCUPANCY NET DEBT AUM (Assets under 99% P2.0B Management) Borrowing Cost of 4.66% 5.89% of Deposited Property Value P139.5B GLA 4.3m sqm +10% NET GEARING DPS Building 1.4m sqm +39% Land 2.9m sqm 0.01:1 P2.41 1 H
Slide 4: 1Q 2025 Financials (Fair Value Model)
1Q 2025 Financials (Fair Value Model) Revenues of P3.5B (+21%); Net Income of P2.6B* (+25%) Income Statement 1Q 2026 1Q 2025 Change % (In Php millions) • Higher Revenues and EBITDA Total Revenues 3,545 2,921 624 21% driven by the new assets with DOE and GAE (907) (779) (128) 17% contribution startin
Slide 5: Quarterly P&L Highlights
Quarterly P&L Highlights Stable quarter-on-quarter performance +3% +6% +6% • Excluding one-time 3,446 3,545 2,637 2,623 2,481 2,474 adjustments in 4Q 2025, revenues, EBITDA and NIAT are stable quarter-on- quarter 4Q 2025 1Q 2026 4Q 2025 1Q 2025 4Q 2025 1Q 2026 Revenue EBITDA NIAT* *NIAT excludes the
Slide 6: High occupancy and healthy WALE
High occupancy and healthy WALE Lease Expiration (in building GLA sqm) GLA Lease WALE Non-renewal Renewed Ongoing (in sqm) Occupancy (in years) 250,000 Overall 4,291,694 (100%) 99% 19.6 176,984 200,000 Building 1,434,380 (33%) 98% 13.8 12.6% Offices 725,168 (17%) 96% 3.4 150,000 122,280 111,750 Hote
Slide 7: Healthy balance sheet with a net gearing of 0.01:1
Healthy balance sheet with a net gearing of 0.01:1 Balance Sheet March December • Total Borrowings and Deferred (in Php Millions) 2026 2025 Payments are 5.9% of the Cash & Receivables 6,866 7,582 Deposited Property Value, well Total Assets 148,002 147,322 within the 35% aggregate leverage limit Tota
Slide 8: Declaration of 1Q 2026 Cash Dividends
Declaration of 1Q 2026 Cash Dividends • P0.62 per share for 3,715,756,162 outstanding common shares • Cash dividends will be paid on June 11, 2026, to stockholders of common shares as of the record date May 28, 2026.
Slide 9: Uninterrupted Growth in DPS
Uninterrupted Growth in DPS DPS has more than doubled since IPO, average QoQ growth 3.4%, 6.2% Annual TSR* FY 2020 2021 2022 2023 2024 2025 FY 2020 2021 2022 2023 2024 2025 Div 1,354 +51% 2,043 +53% 3,119 +43% 4,455 +43% 6,376 +31% 8,363 DPS 1.32 +34% 1.77 +12% 1.98 +9% 2.15 +6% 2.28 +6% 2.41 AREIT
Slide 10: 1Q 2026 Investor Presentation
1Q 2026 Investor Presentation May 2026