Ferreycorp Saa · BVL:FERREYC1
Ferreycorp Saa — Q1 2026 Earnings Presentation
31 slides from Ferreycorp Saa's earnings presentation, 2026
Slide 1: Investor Presentation – 1Q '26
Investor Presentation – 1Q ’26
Slide 2: 103 years creating development
103 years creating development 80+ year strategic alliance with CATERPILLAR. 60+ year track record of transparency on the Lima Stock Exchange (BVL). Official Caterpillar Dealer representative for Central America (Guatemala, El Salvador, and Belize) since 2010. Continuous participation in the Dow Jon
Slide 3: History of the Corporation and its participation in the capital markets
History of the Corporation and its participation in the capital markets 2013 2012 International Corporate 1997 Market Bonds Re-IPO: Reorganization" "IPO US$ 300M 2026 – Capital Increase US$22mm US$ 72M 2025 2025 1994 2020 DJSI Índex GC 1st Bond NUAM Issuance 2020 2010 Private Placement Bond" "Pruden
Slide 4: Strategic clarity and coherence, driven by our purpose
Strategic clarity and coherence, driven by our purpose ents, workers & allie BUSINESS PILARS Cli s ses Prote Optimize It seeks to add efficiencies in the business model, the organization, es ct Business the use of assets, the composition of the portfolio of products and in services. igit,d al & us E
Slide 5: Vision & Mission
Vision & Mission VISION MISSION To be recognized as a leading economic group in We operate, through our subsidiaries with a focus Peru, with a presence in the Latin American and high degree of specialization, businesses that region and an excellent provider of capital goods, distribute capital goods
Slide 6: Operational Model of the Company
Operational Model of the Company - Business Vision - Strategic Planning and Definition of Parent Strategic Engaged Businesses Coherence - Positioning and Brands Company - Financial Resources - Control and Supervision - Customer Proximity and Market Coverage - Business Execution with Operational Oper
Slide 7: A Leadership Ecosystem: Our Footprint
A Leadership Ecosystem: Our Footprint Parent Company Caterpillar Dealears and Allied Caterpillar Dealers and Allied Complementary Businesses in Brands in Peru Brands in Central America Peru and Abroad Operational Companies 7
Slide 8: Distribution of results by business group – 1Q'26
Distribution of results by business group – 1Q’26 Caterpillar Dealers and Complementary Caterpillar Dealers and Allied Brands in Central Businesses in Peru and Total Allied Brands in Peru America abroad Sales (S/. mm) 1,613 194 173 1,980 % total 81.5% 9.8% 8.8% 100.0% EBITDA (S/. mm) 215 32 6 253 %
Slide 9: Key Takeaways – 1Q'26
Key Takeaways – 1Q’26 $578MM S/ 1.9 B Consolidated Sales • Revenues grew by 8.3% in US$ dollars ($ 578m). • Sales were was primarily fueled by the sale of Caterpillar machinery on mining, construction, and infrastructure industries 4
Slide 10: Key Takeaways – 1Q'26
Key Takeaways – 1Q’26 8.3% 13.5% -10.4% ROIC ROE SG&A ROIC ROE SG&A • Solid financial performance: strong results • Disciplined focus on operational efficiency, led to a 10.4% reduction in SG&A expenses (S/ 31.5 MM) compared to the same period last year. • Results were influenced by fluctuations in
Slide 11: Capabilities that set us apart
Capabilities that set us apart After-Sales Service: Expert Technicians and Operational Excellence Logistics: Unrivaled supply chain and logistical capabilities Leadership: Strategic alliances and comprehensive market coverage CAT Excellence Program: (Digital, Financial, Logistics, and Services) Fina
Slide 12: Partnership with global brands
Partnership with global brands 12
Slide 13: Nationwide Presence and Coverage
Nationwide Presence and Coverage SUBSIDIARIES AND FERREYROS OFFICES • 5 headquarters in Lima • 17 subsidiaries and offices within the country SUBSIDIARIES AND UNIMAQ OFFICES Tumbes Iquitos • 2 headquarters in Lima Bagua • 14 subsidiaries and offices within the country S Piura • SUBSIDIARIES AND ORVI
Slide 14: Committed to long-term client retention and value creation
Committed to long-term client retention and value creation Large Open Pit Mining Medium-Size and Underground Mining CONTONGA Cajamarca LINCUNA MOROCOCHA Yanacocha AMERICANA YAULIYACU CARAHUACRA Huaraz SAN CRISTOBAL ATACOCHA Cerro de ANDAYCHAGUA Antamina EL PORVENIR Pasco RAURA CHUNGAR Junín SAN CRIS
Slide 15: Caterpillar: Dominant Market Leadership in Peru
Caterpillar: Dominant Market Leadership in Peru Market Share in Peru* Open-pit mining Underground mining Heavy construction Light construction (% units) (% $ FOB) (% $ FOB) (% units) 3%2% 8% 44% 10% 8% 6% 54% 50% 13% 5% 59% 28% 44% 4% 4% 5% 6% 5% 2% 3% 11% 6% 14% 6% Others Others 15
Slide 16: Resilient Operating Model (1/2)
Resilient Operating Model (1/2) Sales by business groups as of March 2026 (S/. million) CAGR: 5% 7,798 7,590 6,995 9% 9% 6,593 6,206 11% 8% 9% 5,858 11% 15% 9% 5,211 10% 4,843 16% 4,857 16% 9% 7% 16% 18% 8% 10% 9% 83% 82% 80% 79% 1,974 1,980 76% 76% 74% 76% 9% 9% 73% 10% 10% 81% 81% 2017 2018 2019 2
Slide 17: Resilient Operating Model (2/2)
Resilient Operating Model (2/2) Sales by business line ($ million) 2,177 2,014 1,865 1,756 1,718 • Spare Parts & Services support 1,585 1,582 1,434 the business. 1,389 • Diversification strategy through business lines, presence in different economic sectors, different countries, various 533 578 repr
Slide 18: Our Operational Mix
Our Operational Mix Sales by economic sector Sales by business line (%) (%) 0.4% 1.3% 2.7% 0.6% 2.8% 2.0% 6.7% 5.3% 10.0% 45.8% 56.7% 23.5% 42.2% Mining Construction Spare parts and services Prime product Industry, Commerce and Services Agriculture and Forestation Transport Fishing and Marine Govern
Slide 19: Caterpillar open-pit mining trucks and shovels population over the years
Caterpillar open-pit mining trucks and shovels population over the years Active Caterpillar mining trucks and shovels (# of units) Mining Investment ($ Bn.) 700 10 612 622 623 590 601 9 600 571 582 557 525 529 8 502 501 513 500 482 453 7 404 6 400 366 323 5 300 281 249 4 234 200 3 2 100 1 0 0 2006 2
Slide 20: Strong financial results
Strong financial results Operating Profit Sales (S/ millions) (S/. millions) -14% +0.3% 29% 198 +2% 170 131 1,980 1,974 1Q'25 4Q'25 1Q'26 EBITDA 1,946 (S/ millions) -8% 16% 1Q'25 4Q'25 1Q'26 268 247 213 1Q'25 4Q'25 1Q'26
Slide 21: About the company: Financial Highlights
About the company: Financial Highlights Margins Adjusted Margins (%) (%) 26.3% 23.5% 23.0% 25.4% 22.1% 20.5% 14.0% 14.6% 13.4% 13.6% 12.5% 11.0% 11.0% 10.0% 9.7% 9.5% 8.6% 6.7% 1Q'25 4Q'25 1Q'26 1Q'25 4Q'25 1Q'26 Gross margin Operating margin EBITDA margin Gross margin Operating margin EBITDA margin
Slide 22: Cash generation and liabilities management
Cash generation and liabilities management 1.47 Total Debt-to-Equity Ratio (D/E) Non- Current current debt debt 96 39% Adjusted Financial Leverage 86 66 83 70 61% 2.70 49 50 (Debt / EBITDA) 37 46 Mar-24 Jun-24 Sep-24 Dec-24 Mar-25 Jun-25 Sep-25 Dec-25 Mar-26 Debt Evolution ($ million) 755 624 618 63
Slide 23: Financial expenses and average debt expenditure
Financial expenses and average debt expenditure Financial expenses Average debt expenditure (S/. million and %) (%) 5.09% 100 20.00% 4.79% 88 86 4.66% 4.64% 90 18.00% 78 80 16.00% 70 14.00% 60 12.00% 50 10.00% 40 8.00% 30 25 6.00% 20 4.00% 1.10% 1.16% 1.40% 1.60% 10 2.00% 0 0.00% 2023 2024 2025 1Q '
Slide 24: Net Profit impacted by FX Gain/Loss
Net Profit impacted by FX Gain/Loss (S/. million and %) 700 6.2% 6.4% 6.2% 6.4% 6.2% 600 5.0% 489 481 2.70% 500 433 419 400 376 300 200 162 100 34 29 53 0 -100 -43 -67 -200 -125 -15.0% 2021 2022 2023 2024 2025 1Q' 26 Net profit FX Gain/ loss Net margin 24
Slide 25: Assets and cash conversion cycle
Assets and cash conversion cycle Accounts receivables Inventory (S/. million) (S/. million) 2,676 2,520 2,500 2,257 2,359 63 89 71 92 91 1,174 1,382 1,145 1,110 1,086 1,055 37 1,186 1,191 1,179 1,060 27 49 30 46 1,345 1,159 1,142 1,149 1,286 1,319 1,438 1,014 1,079 1,213 2023 2024 2025 As of 1Q '25
Slide 26: Continuous and Purpose-Driven Investment
Continuous and Purpose-Driven Investment CAPEX ($ million) 111 102 1 2 Intangibles 95 32 3 101 126 Sales of Fixed 1 Investment 62 Assets 50 30 12 13 17 0.4 Rental Fleet 36 37 40 17 31 10 3 -20 6 -65 -61 -14 Machinery and -74 Equipment Disinvestment Infrastructure, Furniture & Equipment 2022 2023 202
Slide 27: Desempeño de la Acción
Desempeño de la Acción In 2025, we got: • 7.95% Dividend Yield • We have a clear dividend policy, distributing the upper • +33% Stock Price growth limit (60% of the annual net distributable profit) • 46.8% Total Shareholders Return Recommendations – Equity Research Company TICKET Currency Kallpa Sec
Slide 28: Ferreycorp's Sustainability Program
Ferreycorp’s Sustainability Program
Slide 29: Sustainable Management aligned with the UN Sustainable Development Goals
Ferreycorp's Sustainable Management seeks to positively impact its stakeholders and is aligned with the United Nations Sustainable Development Goals • Ferreycorp Association • Respect for Shareholders' Rights • Ferreyros Heavy Equipment Operators Club • Transparent and Timely Presentation of • Works
Slide 30: Results of commitment to the Dow Jones Sustainability Index ESG criteria
Results of Ferreycorp's commitment to the Dow Jones Sustainability Index ESG criteria 63 63 66 66 61 46 48 43 37 2017 2018 2019 2020 2021 2022 2023 2024 2025 30
Slide 31: Ferreycorp
Ferreycorp CAT UNIMAQ Cat. Cat car car, SOLTRAK ¥ TREX ¥ MoTORED FORBIS. +. FARGO + -VIKORA- + f@] Ferrenergy F