Citicore Energy Reit Corp · PSE:CREIT
Citicore Energy Reit — H1 2026 Earnings Presentation
29 slides from Citicore Energy Reit's earnings presentation, Aug 12, 2026
Slide 1: 1H 2026 Financial and Operating Results
Company Presentation 1H 2026 Financial and Operating Results August 12, 2026
Slide 2: Disclaimer
Disclaimer This presentation was prepared solely and exclusively for discussion purposes. This presentation and/or any part thereof may not be reproduced, disclosed or used without the prior written consent of Citicore Energy REIT Corp. (the “Company”). This presentation, as well as discussions aris
Slide 3: 1H 2026 Highlights and Key Themes
1H 2026 Highlights and Key Themes Stable revenues anchored on Strong financial position supports CREIT’s strong green asset portfolio future acquisitions Revenue at Php 916 Mn, EBITDA at Php 895 Mn, PhilRatings PRS Aa+ rating, Net Income at Php 686 Mn Available borrowing headroom of Php 9 Bn Consist
Slide 4: Contents
Contents 01 Financial Highlights 02 Our Green Asset Portfolio 03 CREC Project Pipeline Updates 04 Potential Acquisition 05 CREIT Dividend Updates 06 Highlights and Key Takeaways 07 Q&A
Slide 5: 1H 2026 Financial Highlights
1H 2026 Financial Highlights
Slide 6: 1H 2026 Financial Highlights
1H 2026 Financial Highlights In Php Mn 3% 3% 916 916 897 895 REVENUE 4% Php 916 Mn 688 686 GROSS PROFIT MARGIN: 94% EBITDA Php 895 Mn EBITDA MARGIN: 97% NET PROFIT Php 686 Mn NET PROFIT MARGIN: 75% Revenue EBITDA Net Income 1H 2025 1H 2026 6
Slide 7: Profitability remains steady due to strong green asset portfolio
Profitability remains steady due to strong green asset portfolio Amounts in Mn Php 30 June 2026 30 June 2025 % Change Adjustments on the operating plants’ lease agreements – Rental Income 916 916 0.05% this decrease is a non-cash item Cost of Services (52) (52) 0.44% Gross Profit Margin: 94% Gross P
Slide 8: Geographical Footprint and Revenue Contribution
Geographical Footprint and Revenue Contribution Cebu, Batangas and Clark Projects still contribute the most in terms of Revenue Operating/Mechanically Completed Under Construction Batangas 19% Clark Cebu 16% 20% 1H 2026 Revenues Php 916 Mn Silay 15% Pangasinan 4% Tarlac Bulacan Pampanga 4% 11% 6% So
Slide 9: Sustained strong financial position supports future acquisitions
Sustained strong financial position supports future acquisitions Amounts in Mn Php 30 June 2026 31 December 2025 % Change Cash and cash equivalents 670 677 (1.00%) Other Current Assets 168 218 (23.04%) Total Current Assets 838 895 (6.36%) Trade and Other Receivables – Non-Current 710 643 10.31% Prop
Slide 10: Strong financial position supports future infusions
Strong financial position supports future infusions Current Ratio Debt to Equity DEBT HEADROOM (Php Bn) 2.50 1.20 Total deposited property 20.5 1.96 2.04 0.97 0.96 2.00 1.00 Leverage ratio 0.80 1.50 (PRS Aa+) 70% 0.60 1.00 0.40 Leverage limit 0.50 14.4 0.20 0.00 0.00 Total borrowings and 1H 2025 1H
Slide 11: Green Asset Portfolio
Green Asset Portfolio = CREIT | Empower Your Investments
Slide 12: CREIT's Green Asset Portfolio Overview
CREIT’s Green Asset Portfolio Overview ASSETS HOLDINGS OCCUPANCY RATE 14 Land Assets 100% GROSS LEASABLE AREA WEIGHTED AVE. LEASE EXPIRY 7.1 Mn sqm 19 years 12
Slide 13: Largest renewable energy landlord in the Philippines with 7.1 Mn sqm
Largest renewable energy landlord in the Philippines with 7.1 Mn square meters in gross leasable area IPO ASSETS 2nd ACQUISITION - 2023 DALAYAP – 103k sqm CLARK – 250k sqm ARMENIA– 138k sqm LUNTAL – 840k sqm BOLBOK 1 – 740k sqm LUMBANGAN – 1M sqm NEGROS OCCIDENTAL – 431k sqm CEBU – 730k sqm BOLBOK 2
Slide 14: Asset Infusions over the years
Asset Infusions over the years In Mn square meters of gross leasable area Assets GLA (in sqm) Pangasinan 1,049,102 3rd Acquisition 7,103 Pampanga 2 70,433 Batangas 1 1,062,083 1,120 5,983 Batangas 2 839,535 2nd Acquisition Batangas 3 741,016 Batangas 4 933,979 Pampanga 1 419,214 3,996 3,996 South Co
Slide 15: 100% Occupancy and Longest WALE among REITs
100% Occupancy and Longest WALE among REITs Tenants Lease term CREIT Asset Area (in sqm) (in years) Portfolio Occupancy Clark 250,318 17.76 Armenia 24.01 138,164 Cebu 19.42 730,000 Negros Occidental 18.84 431,408 Dalayap 18.01 103,731 Bulacan 25.01 100% 253,880 Land and/or solar assets used/to- Sola
Slide 16: Long-Term, Balanced Offtake Contracts Support Reliable Lease Payments
Long-Term, Balanced Offtake Contracts Support Reliable Lease Payments % of Total Contracted Capacity Off-take Contract Renewal of Tenants’ Customers Government 60% 73.3% Bilateral Contracts 10.6 years Weighted average 40% contract term 12.6% 8.4% 5.7% 2026 2027 2028 Beyond 2028 16
Slide 17: CREC Project Updates on CREIT-owned Properties
CREC Project Updates on CREIT-owned Properties
Slide 18: Recently Completed Projects
Recently Completed Projects CREIT - Owned Land Batangas Pampanga Properties 1 & 2 Property 1 CREC Project Name: CREC Project Name: Arayat 3A Lumbangan and Luntal under Citicore Solar Pampanga 1 under Citicore Solar Batangas 1 Leasable Area: Leasable Area: 419,214 square meters 1,062,083 square meter
Slide 19: Recently Completed Projects
Recently Completed Projects CREIT - Owned Land Batangas Pangasinan Properties 3 & 4* Property 1* CREC Project Name: CREC Project Name: Bolbok 1 & 2 Binalonan under Citicore Solar Batangas 2 under Citicore Solar Pangasinan 2 Batangas Leasable Area: 741,016 sqms Leasable Area: 933,979 sqms 1,049,102 s
Slide 20: CREC's Projects for Acquisition
CREC’s Projects for Acquisition
Slide 21: CREIT's Business Model
CREIT’s Business Model Land Lease Agreement Solar Asset Lease Agreement REIT CO AS LANDLORD GEN COS Diversified Rental Payment Guaranteed Base Lease payable on equal monthly instalments + Variable Lease 50% share of incremental revenue from tenants Land Assets Solar Assets contracted rate Post Trans
Slide 22: Additional Assets Post-Transaction
Additional Assets Post-Transaction 1.7 Mn sqms in Gross Leasable Area, 860 MWp in Installed Capacity 1,918 GWh Estimated Annual Net Generation Sta Barbara– 420k sqms, 125 MWp Pagbilao 1A,2A – 1.3 Mn sqms, 136.5 MWp Lumbangan – 125.2 MWp 800,000 Est. Households to be powered Binalonan – 113.1 MWp Ara
Slide 23: CREIT Dividend Updates
the Philippine stock Exch ange, congratulates Inc, . CITICORE ENERGY REIT on its Initial Public Offering CREIT Dividend Updates CREIT | Empower Your investments
Slide 24: Consistent quarter dividend since IPO
Consistent quarter dividend since IPO In PhP Millions, except ratios and DPS 1Q24 2Q24 3Q24 4Q24 1Q25 2Q25 3Q25 4Q25 1Q26 1Q26 Net income 359.28 334.14 344.94 391.02 357.96 329.93 345.16 387.21 342.27 341.97 Straight-line rent adjustment (59.65) (34.36) (43.89) (51.18) (55.14) (26.05) (40.67) (40.23
Slide 25: Increasing shareholder value with steady dividends and dividend growth
Increasing shareholder value with steady dividends and dividend growth 0.055 0.056 0.054 0.051 0.049 0.049 0.049 0.049 0.049 0.049 0.049 0.049 0.049 0.049 0.047 0.044 0.044 0.044 Inclusive Inclusive Inclusive of Inclusive of 0.035 of Special Dividends of Variable Variable Variable Lease Lease Income
Slide 26: Key Takeaways
Key Takeaways & CREIT | Empower Your Investments
Slide 27: 1H 2026 Highlights and Key Themes
1H 2026 Highlights and Key Themes Stable revenues anchored on Strong financial position supports CREIT’s strong green asset portfolio future acquisitions Revenue at Php 916 Mn, EBITDA at Php 895 Mn, PhilRatings PRS Aa+ rating, Net Income at Php 686 Mn Available borrowing headroom of Php 9 Bn Consist
Slide 28: Q&A
Q&A CREIT | Empower Your investments
Slide 29: Thank you!
Thank you! For questions, please contact: Gideon de Villa CREIT Investor Relations Officer investorrelations@creit.com.ph CREIT CREIT.com.ph CiticoreREIT