POSCO Holdings Inc. · KRX:005490
POSCO — Q1 2026 Earnings Presentation
17 slides from POSCO's earnings presentation, April 2026
Slide 1: POSCO HOLDINGS
POSCO HOLDINGS 202614 42 308 HOLDINGS
Slide 2: Disclaimer
DISCLAIMER SE] aa AteeQiL(Ch. & Xpe2Ol] AE 1S DeyAlel|O| 42 S|Af2| E10] WSUCh O44 H 0| ze HI At ROA HAL El Oleh oS 210 (CH, S|AHS = Abe SE | SUAee HI
Slide 3: Q1 2026 highlights
3 Q1 2025 Q1 2025 Q4 2025 Q4 2025 Q1 2026 Q1 2026 舊
Slide 4: JSW JVA
JSW JVA AZ JV AlBHPZE BE SLAF ALLA 50:50 ATA, O|ASIE BAZ} 3B, S 6YOR THE BRYA SSSS Ala + CEO RIBAS Sid C9] att AFSUFALE SCIAF EOI] $14] + SB A] 742), AE Sorel os > oA ele EHS (MA St re S aN meta o+ > GAS WSS Osa Stet Ol 19| AZAtO! JSWe| AteY AlHeES upEpo es + AF GE 7| SHS SAS HAlz olo47} Greenfield
Slide 5: JSW JVA
JSW JVA AZ BU MAMAS PASLD OIA Sol7 | yb shes 7| WA elmat +2 HS SF ASAE SM S DHE AZ HSS ScHo}o] SA7| F914 AID BA AMSSS MAUS AO|A| AS Ars} pose Mest -> CEASA AAPAS Als Sch SH S| —_?* A - CE HII BY Ise ost Ag Bal Jy] pa = - ARO UIS BAY AAI} Aad }@ - HHS AE Sl S! 7s AA] RSSAEMS) S Ala! Alo 71S AS - FEY|
Slide 6: HyREX and Finex updates
UH} eS MH] HAL BL MELA At Ala] StH & SUAS, W712 71S, AIG SS lel As Sol a7] Yael Zot a 71S bSe ATA BH 2FINEX WAH} HyREX Met #2] 23 Sel ————————__ | 71 ('26.2Q) + SFINEX =e] 4 S2V1S dS BW SSAA SAS FI (SEM PSS 7c ASS Sel ete +264 6H Mla SICH BO! AA 250GHE Pa oH SSo SAS LS My] e chewy] chy] S17} 29] ('2
Slide 7: Lithium and resource projects
2|S AtS|At ZADOPESE|L} 1€t74](CP1) AMMA BA Sloe AA SA Ol SA St LAs} [P-ARG] ate St SI woh] Sow A Hata AIS aah HADOPESIE|L} moe ail : @1cti(CP1) EES A a - 38 HSH 70%CH IRVIE S Aoi what 42005 fio | +9 -1~28 JIE A ASSS AT S 3B AS] Sat AAS a5) Seio|9] - SK24 als B7|Ss Alo AA('26~'284, [CH 2.53 = FH) S B
Slide 8: aRBelza
aRBelza 2023'4~202514 ALAPE 4% AZHS Rotel S FSAI 3. 5A! cet 2.9291, mas 22h 1.2Ee) 2016'S H7 [HHS AA Ol 20204 S7 |wHSSAY El, 20241e ALE AZ} BAY BE S SAAS Deyst MEA ASHE! ALA] 2016 2020 ~ 2022 2023 2024 2025 ° MAY S7 [HHA ALY 7 WW SPSA / APAPZS OWSL-AAZt 2k S7 HSS BE AAP 2824 aH BEE 2d S7 MSS OleH St
Slide 9: Shareholder returns 2026-2028
MEFAAGY ('26~'2814) DANES 7122] $1AS MIISl EAE MHS OSA ISHS Glst AA lS EASISIAAY El 2026~202814 371d SOt ZA AlwA|S*0|/2l9] 35~40%E FFA SH PEOH AMSD, SHB wha} APALE OfQ]-AZtS EAA Om wsHoto] 757}4| AIDS AMOPALICH. BASEUAL Ola HBS Set HE Sxol AaISS RASA Mo] RIS Soy 7lel SSO] BAIA SHS O|O|aLS MES AALS +
Slide 10: Steel results
10 28a etot MEZA Kt HUBS BLO (KC xtopi}e Aull 8,721 8,819 1H} AWA KY) +98 8,651 Q1 2025 Q4.2025 Q1 2026 AEH (Kt) +568 +2.6%p giz CH}, HS Ol Sol lol ae Felzu| ASOe Yejolol 21a Bho} 7}24 (ELAZH) '25.4Q) KRW 920K/t > '26.1Q) KRW 920KIt (-) FHBH| (ASH) '25.4Q) 100 > '26.1Q) 110.0 (+10.0) # 8S Ql: Ch ASA
Slide 11: Overseas steel subsidiaries
PT. KrakatauPOSCO (21=4IAlO}) Q1 2025 7 Q4.2025 25 Q1 2026 20 POSCO Maharashtra (2!=) Q1 2025 a Q4.2025 Q1 2026 31 mB ono +71 gaol! AS apaite oy A28 ee4012) +28 PZSS (53) Q1 2025 Q4.2025 Q1 2026 PY VINA (HE) Q1 2025 Q4.2025 Q1 2026 aeatt oy A191 ee4012) +130 mite ono +16 Sxole +1 +[PZSS] 20264 27] B
Slide 12: Subsidiary results
2 APSHA! OHH B! Belo] of olay #2 moHse— meigole] « -e -egHole18 ole Q1 2025 Q4 2025 Q1 2026 AEH) QoQ 12025 onze oye 845 558 758 +200 + 200 OfJLAIAAAH 505 220 434 +217 Q4 2025 COEF] 2 a: 2° +70 PRAM 340 338 324 Al4 eels yole} 7 A52 18 +70 12026 + 11.6% off x1 ASH 2 Al Al +60 AAAM 15 9 19 +10 OAL LAH:
Slide 13: RADE
RADE #2) Oe) CEREP) <sereen sell Q1 2025 Q4 2025 Qi 2026 7H) Qi 2025 oe OHH 8,154 7,828 8,410 +582 +582 ott) 858 988 418 +130 Q42025 Seolet +92 AY AMS?) 7,296 6,840 7,292 +452 12026 gelolois seole) 270 266 358 +92 +0.9% of4xt 136 145 173 +28 A An 2) 136 121 185 +64 1) E8P(7IAM), LNG BA/EIOl ed S 2)
Slide 14: HAWO|HM| M4
HAWO|HM| M4 Afeh tose SI exeHoI9y ata al CREE) CeCRR) <ecHRe (8 4) Q12025 —Q42025-— 12026 = BIBI Atab) HSH 1,814 1,815 1,680 A135 orz005 a4 Ewe 423 582 576 +6 A134 elma 239 - - - _— as 41,157 1,240 1,072 At68 042028 +29 aaaes A4 a7 32 +39 azole 24 A190 53 +243 Q1 2026 eons Bae 3 A203 A25 +178 +1.Qxp
Slide 15: Consolidated income statement
were) te Q1 2025 Q4 2025 Q1 2026 7 I HH 17,437 16,841 17,876 +1,035 oHBSOS 1,336 1,029 1,516 +488 (BBO 3) 77% 6.1% 8.5% +2.4%p Ero ete || 767 1,016 810 A206 Swoljo 568 13 707 +694 (SHols) 3.3% 0.1% 4.0% +3.9% Boll AAA 0/9} 510 Al49 757 +905 B7|20/9} 344 A3t1 543 +854 XIHA 0/24 302 A225 467 +693 EBIT
Slide 16: Consolidated financial position
QOF MPC (AB) ° cated) TE Q1 2025 Q4 2025 Q1 2026 AIH FSA 44,291 43,484 44,861 41,377 Kraan 15,497 15,593 14,897 A696 bras 11,139 11,198 12,265 +1,067 MDA 13,319 13,624 14,144 +520 BIRSARE 57,833 61,709 63,485 41,776 FSA 40,126 42,293 42,962 +669 Part 4,845 5,494 5,675 +182 JES Bat 2,463 3,061 3,527
Slide 17: POSCO HOLDINGS
posco HOLDINGS