Interconexion Electrica Sa Esp · BVC:ISA
Interconexion Electrica Sa Esp — ISA — Shareholder Meeting (April 2026)
68 slides from Interconexion Electrica Sa Esp's shareholder meeting presentation, April 2026
Slide 1: Management report
Management report
Slide 2: Slide 2
Slide 3: Strategic presence: Business and geographic choices
Strategic presence: Business and geographic choices
Slide 4: Energy transition
Energy transition 2020 2050 4% 10% Others 16% Biomass Biomass Consumption 51% Consumption 7% 120.000 Electricity 100.000 Others 20% TWh TWh Electricity 14% 66% Hydrogen Fossil fuels 12% Fossil fuels 8.000 GW 4,2X growth 34.000 GW Renewable share 35% Installed capacity Renewable share 82% 80 Millions
Slide 5: Energy that gives life to the transition
Energy that gives life to the transition Transmission Energy solutions Road infrastructure Telecommunications Growth Development and scaling Enabler Divestment Portfolio role Electricity transmission Transmission USD 19-22 bn Investment USD 28-33 bn 67% Investments to 2040
Slide 6: Energy that gives life to the transition
Energy that gives life to the transition Transmission Energy solutions Road infrastructure Telecommunications Growth Development and scaling Enabler Divestment Portfolio role Electricity transmission Transmission USD 19-22 bn Energy solutions USD 6,5-7,6 bn 23% Investment USD 28-33 bn 67% Investment
Slide 7: Energy that gives life to the transition
Energy that gives life to the transition Transmission Energy solutions Road infrastructure Telecommunications Growth Development and scaling Enabler Divestment Portfolio role Electricity transmission Road infrastructure Transmission USD 2,9-3,5 bn 10% USD 19-22 bn Energy solutions USD 6,5-7,6 bn 23%
Slide 8: Three dimensions driving one strategy
Three dimensions driving one strategy: Energy that gives life to the transition
Slide 9: Profitable and efficient, Clean and fair, Reliable, safe and resilient
Profitable Clean and efficient and fair Reliable, safe and resilient
Slide 10: Reliable, safe and resilient
Deliver 100% service levels through resilient, flexible and secure infrastructure, preventing Develop distinctive capabilities and the materialization of critical risks organizational readiness Transform the supply chain to Protect life and well-being accelerate growth and efficiency through a stron
Slide 11: Clean and fair
Double the social return of social investment Contribute positively to nature and achieve the Net Zero pathway1 Clean Develop 8 GW of storage and fair infrastructure and new energy solutions Increase transmission capacity by 1,5x vs. 2024 levels (1) 2022 baseline; the target corresponds to Scopes 1
Slide 12: Profitable and efficient
More than 2x el EBITDA compared to 2024 (~ COP 20 billions1) Profitable and efficient Profitably invest USD 28 –33 billions in infrastructure that drives decarbonization3 Achieve 2x return on investment in innovation, digitalization and technology 1) IFRS EBITDA; figures in current COP; equivalent t
Slide 13: Profitable and efficient, Clean and fair, Reliable, safe and resilient
Profitable Clean and efficient and fair Reliable, safe and resilient
Slide 14: Energy that gives life to the transition
Energy that gives life to the transition
Slide 15: 2025 Highlights
2025 Highlights A year of sustained growth, strengthening regional infrastructure, launching the, and reaffirming leadership in the eneISA2040 Strategy, and reaffirming leadership in the energy transition in Latin America.
Slide 16: Business plans
From definition to transition + 5000 Employees +6 Countries Business plans formalized across companies 100% stakeholder engagement
Slide 17: Business plans
From definition to transition + 5000 Employees +6 Countries Business plans formalized across companies 100% stakeholder engagement
Slide 18: Business plans
From definition to transition + 5000 Employees +6 Countries Business plans formalized across companies 100% stakeholder engagement
Slide 19: Reliable, safe and resilient
We safeguard tomorrow to be… Reliable, safe and resilient
Slide 20: Electricity transmission
Reliable, safe and resilient Colombia 64% Position 1 Electricity transmission In operation Perú Brasil 11% 50.564 km 72% Of circuits Position 3 Position 1 Equivalent to 1.2 times around the Earth Under construction Bolivia 4% 7.573 km Chile Of circuits 13% Position 3 Position 2 Operational Results 9
Slide 21: Road Infrastructure
Reliable, safe and resilient Colombia 2% Road Infrastructure Panamá First APP 811 km Of highways in operation Equivalent to straight-line distance from Bogotá to Santa Marta 296 km Of highways under construction Chile 15% 129 Million Vehicles in transit
Slide 22: Telecommunications
Reliable, safe and resilient Telecommunications More than 160 localities connected 32.000 km of fiber optic network in operation Equivalent to approximately 80% of the Earth's circumference 99,95% Level of service
Slide 23: Execution capability
Reliable, safe and resilient Investments New projects by: Execution capability USD 283 Millions +40% Projects in operation: USD 1,6 bn USD 664 Millions USD Electricity transmission Energy: 875km of Transmission Lines USD 1,1 1,2 bn 91% bn Road infraastructure 7% Telecommunications Projects in operat
Slide 24: Energy: 875 km of transmission lines
Reliable, safe and resilient USD 664 Millions Energy: 875km of Transmission Lines Colombia Perú Brazil
Slide 25: Riacho Grande
Reliable, safe and resilient Riacho Grande Entered commercial operation five months ahead of schedule Benefits Over 2 Million people Longest underground transmission line in Brazil 44,6 km
Slide 26: Copey - Cuestecitas
Reliable, safe and resilient Copey - Cuestecitas Backbone for evacuating renewable energy from the Caribbean region 270 km Of transmission lines First 500 kV infrastructure in La Guajira
Slide 27: Chilota-San Gabriel
Reliable, safe and resilient Chilota-San Gabriel Energy supply for modern and sustainable mining Commercial operation since December 2025 Transmission line at 4.900 meters above sea level
Slide 28: More focus, more impact
Reliable, safe and resilient More focus, more impact Transmission Solutions
Slide 29: Transmission
Reliable, safe and resilient Transmission 14.293 KM 414 Municipalities 144 Substations
Slide 30: Transmission Solutions
Reliable, safe and resilient Transmission Solutions 14.293 KM 414 Municipalities Solar Self-Generation 144 Substations B2B Energy Storage
Slide 31: Ensuring energy responds, even when everything fails
Reliable, safe and resilient Ensuring energy responds, even when everything fails Reliability Security Adequacy Transmission, an enabler of a sustainable Flexibility energy transition Resilience Durability
Slide 32: Transmission, an enabler of a sustainable energy transition
Reliable, safe and resilient Transmission, an enabler of a sustainable energy transition The challenge: Reliable, sustainable, accessible, and affordable infrastructure How Are We Preparing? Systemic Resilience: The system’s ability to recover as a whole. Grid connection protocols for renewable ener
Slide 33: Transmission, an enabler of a sustainable energy transition
Reliable, safe and resilient Transmission, an enabler of a sustainable energy transition The challenge: Reliable, sustainable, accessible, and affordable infrastructure How Are We Preparing? Systemic Resilience: The system’s ability to recover as a whole. Grid connection protocols for renewable ener
Slide 34: Transmission, an enabler of a sustainable energy transition
Reliable, safe and resilient Transmission, an enabler of a sustainable energy transition The challenge: Reliable, sustainable, accessible, and affordable infrastructure How Are We Preparing? Systemic Resilience: The system’s ability to recover as a whole. Grid connection protocols for renewable ener
Slide 35: Transmission, an enabler of a sustainable energy transition
Reliable, safe and resilient Transmission, an enabler of a sustainable energy transition The challenge: Reliable, sustainable, accessible, and affordable infrastructure How Are We Preparing? Systemic Resilience: The system’s ability to recover as a whole. Grid connection protocols for renewable ener
Slide 36: Talent development and care
Reliable, safe and resilient Talent development and care Life comes first Contractor Management Strengthening the (OHS) Culture Risk Analysis and Management Occupational Health and Safety Management System (OHSMS)
Slide 37: Future talent and capabilities
Reliable, safe and resilient Future talent and capabilities An organization that drives development Technical schools Cross-Functional Employees who participated in development experiences at Academies Campus ISA 96% 267.198 Training hours 63% 158.605 Training hours 37% Total investment $14.472 MM
Slide 38: Awards
Reliable, safe and resilient Awards 8th place Best practices 1st in Colombia S&P Global Sustainability Yearbook Among the best places to in the investor relations 2026 work in Information Disclosure, category Among the Top 10% of Companies with Transparency, and Investor Relations the Best Sustainab
Slide 39: Clean and fair
We Protect and Care for tomorrow, we are… Clean and fair
Slide 40: Net Zero Emissions target
Clean and fair Our management shows a sustained reduction in Net Zero emissions pathway (Scope 1 and 2) 45.000 38.151 Net Zero 40.000 Emissions target 35.000 30.000 by 2025 with compliance of 24.687 24.192 25.000 114% 20.000 15.000 10.000 5.000 0 2022 2023 2024 Sustained reduction of CO₂ emissions
Slide 41: Carbon neutral operations and road infrastructure
Clean and fair Carbon neutral in Road infrastructure Modified Asphalt of operations and maintenance + 10 km completed, out of roadway to be executed by 2027, using 675 tons of recycled plastic. 10km completed, equivalent to Electricity transmission 275.000 plastic bags Efficient management of SF₆, a
Slide 42: Biodiversity management in projects
Clean and fair Reduction intervention of vegetation 40% cover through design and construction optimization in Colombia. Conservation and restoration actions Biodiversity management in projects: +321mil 5.309 Hectares Hectares Equivalent to 535 Equivalent to airports in 7.400 Medellín Soccer fields
Slide 43: Our social impact
Clean and fair Our social impact 03 Infrastructure 02 01 Entrepreneurship and Productivity Education
Slide 44: Education
Clean and fair Education We invest $5.191 MM in strengthening education 02 03
Slide 45: Entrepreneurship and Productivity
Clean and fair Entrepreneurship and Productivity We support +80 Productive initiatives: Coastal route tourism program 01 03
Slide 46: Connectivity to change lives
Clean and fair Connectivity to change lives +300 Connectivity lines in the most remote municipalities of Colombia 01 02 Infrastructure
Slide 47: SROI 4,15
Clean and fair Return to society through our $28 MM social investment In social investment +318 Thousand SROI 4,15 Beneficiaries times Resource management: $17.600 M Works for taxes + 5.800 Local jobs $2.000 M Energy transition fund
Slide 48: Profitable and efficient
We maximize Every resource to be Profitable and efficient
Slide 49: Our action
Profitable and efficient In 2025 Our action It established a growth cycle that set a new standard for value
Slide 50: Reaffirming our strength in the market
Profitable and efficient Reaffirming our strength in the market ($ in COP) Diapositiva 55 Diapositiva 53 Diapositiva 51 Diapositiva 54 Diapositiva 52
Slide 51: Achieving an increase of 48%
Achieving an increase of 48%
Slide 52: With a maximum price of $26.300
With a maximum price of $26.300
Slide 53: Dividends paid: $1.265 per share
Dividends paid: $1.265Per share
Slide 54: Returning to shareholders a 55%
Returning to shareholders a 55%
Slide 55: Share price all-time high on January 26, 2026
On january 26, 2026, the action Price hit an all- time high for the company’s history, reaching $32.880
Slide 56: Price and daily volume: ISA stock
Profitable and efficient Price daily volume: ISA stock 02 January 2025 – 27 February 2026 ($ in COP) $32.880 35.000 200.000.000.000 180.000.000.000 160.000.000.000 30.000 140.000.000.000 120.000.000.000 25.000 100.000.000.000 80.000.000.000 60.000.000.000 20.000 $16.660 40.000.000.000 20.000.000.000
Slide 57: Operating Income
Profitable and efficient Operating Income Consolidated Financial Results (Amounts in Billions of Colombian Pesos) $16.034 $15.829 +1% Dec.2024 Dec.2025
Slide 58: Operating Income
Profitable and efficient Operating Income Consolidated Financial Results (Amounts in Billions of Colombian Pesos) $16.034 Telecommunications $15.829 3% +1% Electricity Road transmission infrastructure Dec.2024 Dec.2025 15% 82% $871(1) $592(2) Extraordinary Events (1) Extraordinary Events in 2024: (+
Slide 59: Operating Income
Profitable and efficient Operating Income Consolidated Financial Results (Amounts in Billions of Colombian Pesos) $16.034 $16.626 $15.829 Telecommunications 3 $14.958 % +1% +11% Road Electricity infrastructure transmission 15% 82% Dec.2024 Dec.2025 Dec.2024 Dec.2025 $871(1) $592(2) Extraordinary Eve
Slide 60: Net income
Profitable and efficient Net income Consolidated Financial Results (Amounts in Billions of Colombian Pesos) $2.808 $2.420 -14% Dec.2024 Dec.2025 $186(1) $344(2) Extraordinary Events 1) Non-Recurring Events in 2024: including (+) RTP: Periodic Tariff Review in Brazil, (+) major maintenance in Peru, a
Slide 61: Net income
Profitable and efficient Net income Consolidated Financial Results (Amounts in Billions of Colombian Pesos) No Extraordinary Events $2.808 $2.420 $2.764 $2.622 -14% +5% Dec.2024 Dec.2025 Dec.2024 Dec.2025 $186(1) $344(2) Extraordinary Events 18% 17% Net Margin Average Growth Rate 2021–2025 10% (1) N
Slide 62: Behind Every Number, a strategy
Profitable and efficient Behind Every Number, a strategy: How ISA’s asset value is distributed and grows across the region
Slide 63: Financial position
Profitable and efficient Colombia 21% Financial position Other countries Fitch AAA ISA $ COP Billions 1% Electrecity transmission Road infrastrucutre Telecommunications 82% 17% 1% Perú 13% Equity Fitch BBB $17,8 ISA Energy Perú Brazil 44% $76,1 Liabilities $47,8 2024: $17,8 Fitch AAA ISA Energy Braz
Slide 64: 2025 was a year of efficient, profitable, and solid results
Profitable and efficient 2025 was a year of efficient, profitable, and solid results. Operational efficiency and business 54% 55% strength 46% 4,5x(4) The company’s financial strength, with healthy 14% leverage within the parameters of investment- 26% 3,7x 10% grade companies. Efficient and profitab
Slide 65: At ISA we build future
At ISA we build future
Slide 66: Slide 66
Slide 67: Thank you for believing in ISA
Thank you for believing in ISA and for always standing by us. The trust of our shareholders has been the foundation for moving forward with discipline, executing with excellence and taking on new challenges. We will continue to honor that support through responsable management, sustainable growth an
Slide 68: Management report
| Management report CONEXIONES QUE INSPIRAN