Central Puerto Sa · BCBA:CEPU
Central Puerto Sa — Q4 2025 Earnings Presentation
11 slides from Central Puerto Sa's earnings presentation, Mar 6, 2026
Slide 1: 4th Quarter and FY 2025 Earnings Presentation
4 Quarter and FY 2025 th Earnings Presentation March 6 , 2026 th
Slide 2: Disclaimer
Disclaimer Additional information about Central Puerto can be found in the Investor Support section on the website at www.centralpuerto.com. This presentation does not contain all the Company’s financial information. As a result, investors should read this presentation in conjunction with Central Pu
Slide 3: Central Puerto 4th quarter and FY 2025
Central Puerto 4th quarter and FY 2025 4Q and FY25 Key results Outlook Successfully retained our key hydro asset, Piedra del Águila • In December 2025 , we secured additional Adj . EBITDA ( 1) Projects Revenues completed in 2025 and Generation 30 years of concession in a tender underway, 4Q25 adding
Slide 4: FY 2025 Earnings summary
FY 2025 Earnings summary FY25 Revenues (in US$ MM) FY25 Adjusted EBITDA (in US$ MM) Adj. EBITDA margin (%) +17% 337.2 +16% 782.6 y/y q/q 288.0 671.3 276.6 Thermal PPA 212.3 43% 43% Spot thermal & hydro Renewables PPA 319.7 271.0 Steam 112.1 Other sales 116.0 36.9 36.2 2025 2024 2025 2024 2025 FY rev
Slide 5: FY25 Power Generation
FY25 Power Generation FY25 power generation 2025 installed capacity (in GWh) (in MW) - 14% • Central Costanera generation +234 MW • Brigadier Lopez combined q/q 21,605 volumes decreased 15% in 6,938 cycle: Added a GT to close de 6,704 18,598 1,775 2025 y - o - y due to CC +140 MW. 574 479 Wind/Solar
Slide 6: 2025 growth plan in review
2025 growth plan in review Three greenfield and M&A thermal and renewable plants completed Cafayate solar farm (M&A) Brigadier Lopez Combined San Carlos solar farm cycle (thermal) • In operations • In operations • In operations Projects completed in 2025 and • US$ 48.5 MM • Capex US$ 180 • Capex US$
Slide 7: 2025 Argentina power market summary
2025 Argentina power market summary Demand & Generation Overview Annual electricity generation Annual electricity demand Total 2025: 142,789 GWh Domestic generation breakdown • In 2025, the system reached a historic peak capacity of 30,257 Hydro , 30,144 MW on February 10 , surpassing the previous r
Slide 8: Strong balance sheet and financial flexibility
Strong balance sheet and financial flexibility Debt maturity profile st , 2025 4Q25 financial events Outstanding financial debt as of December 31 231.5 • SYNDICATED A/B LOAN AGREEMENT WITH IFC: On Dec. 19, 2025, the company Corporate Bond Corporate Loan signed a US$ 300 MM syndicated A/B loan with t
Slide 9: 2025 marked a pivotal year of consistent growth and market normalization
2025 marked a pivotal year, of consistent growth and market normalization. The Company strengthened its strategic Projects completed in 2025 and positioning and reinforced its power underway, adding 440 MW and ~35% EBITDA growth + Hydro generation asset portfolio for long-term concession renewal val
Slide 10: Terms and abbreviations
Terms and abbreviations BCRA Argentine Central Bank BYMA Bolsas y Mercados Argentinos – Argentine stock exchange. CAPEX Capital Expenditures. CNV Comisión Nacional de Valores – Argentina’s securities regulator. COGS Cost of goods sold. EPS Earnings per share – Net income divided by the number of sha
Slide 11: Thank you
Thank you 4th Quarter and FY 2025 Earnings webcast March 6 th , 2026