Maynilad Water Services, Inc. · PSE:MYNLD
Maynilad Water Services — Q1 2026 Earnings Presentation
12 slides from Maynilad Water Services's earnings presentation, Apr 1, 2026
Slide 1: Investor and Analyst Briefing for the First Quarter of 2026
INVESTOR AND ANALYST BRIEFING for the First Quarter of 2026
Slide 2: Management Team Present
Management Team Present Christopher Jaime T. Lichauco Ramoncito S. Fernandez Ricardo (Dickie) F. de los Reyes Chief Operating Officer President and CEO Chief Finance Officer
Slide 3: Operations Metrics
Operations Metrics Water Service Coverage Minimum 7-PSI Water Availability | Non-Revenue Water (% of West Zone Population) (% of West Zone Population) (average,%) 915% 42.3% 94.9% 90.1% 37.8% 94.6% 94.7% 32.0% 96.9% 30.7% Qi24 Qi2s 126 Qi24 Qi2s 126 Q124 QI25 126126 Period End Wastewater Sewer Cover
Slide 4: 2026 CAPEX Updates
2026 CAPEX Updates Cumulative CAPEX Disbursements 30,000 25,000 20,000 15,000 10,000 InP Mn 2023 | 2024 lai] 3003] 3,514] 4,853] 5,4'5| [a2] 8434] 8,219] 10,846] [a3| 13,501] 14,865] 18,576 laa] 26,031] 25,746] 26,878] a a2 3 4 —— 2023 ——2024 ——2025 —e=2026 WASTEWATER TREATMENT VALENZUELA STP with B
Slide 5: Financial Highlights
Financial Highlights Q12025 Q12026 %Increase/ , . InPMn__InPMn (Decrease) Fe incensed by C2 Operating Revenue 8,565 9,093 6.2% o Led by MWSS-RO approved tariff increase equivalent to: Costs = RAL adjustment of 2.85% effective January 1, 2026 Personnel Cost (689) (779) 13.1% = This led average tariff
Slide 6: Economic Performance
Economic Performance a en ee 6.32% Avg. Cost of Debt (ex-VAT) 183 Under its concession agreement, it is only the Opening Cash Position 1 (OCP) as determined by 100 98 the regulator which forms 93 24 the sole basis for the concession’s regulated ” - 12% pre-tax nominal rate L of return 2022 2023 2024
Slide 7: Debt Profile
Debt Profile (inP Bn 98.2 92.6 83.6 2024 2025 Q12026 \ Peso Loans Foreign Loans 92.6 98.2 83.6 2024 2025 Q126 m Fixed Rate Floating Rate Key Debt Analysis Debt Metrics / Terms C FY25 Q126 f Debi VAT. Average Remaining Tenor 7.53 years 7.44 years Debt/Equity 0.8x 0.9x Debt Service Coverage Ratio 6.1x
Slide 8: Use of Proceeds
Use of Proceeds Blue Bond Offering Green Equity Offering P14,814.3mn 73.3% Blue Bond Net Proceeds Disbursed As of March 31, 2026 (in Mn) Water CAPEX 5,403.3 Wastewater CAPEX 5,450.1 Total Disbursements 10,853.4 P25,134.7mn IPO Net Proceeds 24.9% Disbursed As of March 31, 2026 (in P Mn) Capital Expen
Slide 9: Q&A
Q&A
Slide 10: Accounts Offered Sanitation Services, '000
₱ 201.4 470.6 801.2 1,209.6 Accounts Offered Sanitation Services, ‘000
Slide 11: Notice
NOTICE This presentation is provided for information purposes only. It does not constitute an offer or invitation to purchase or subscribe for any securities of Maynilad Water Services, Inc. (the “Company”) or any of its subsidiaries or other companies it is invested in, and no part of this presenta
Slide 12: Maynilad Water Services, Inc.
Maynilad Water Services, Inc. 9 Maynilad Building, MWSS Compound, Katipunan Ave., Pansol 1108 Quezon City, Philippines Yi Q& (+632) 8981-3310 MAYNILAD
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