Interconexion Electrica Sa Esp · BVC:ISA
Interconexion Electrica Sa Esp — Q4 2025 Earnings Presentation
21 slides from Interconexion Electrica Sa Esp's earnings presentation, March 2026
Slide 1: Important note
Presentation of quarterly results Important note ISA has prepared the following report for information purposes. The Company is not liable for any investment decision based on this report. Some statements contained herein reflect our current views with respect to future events and, therefore, are ba
Slide 2: ISA and its companies' earnings release 4Q25
ISA and its companies’ earnings release 4Q25
Slide 3: Agenda
Highlights | 2025 summary Agenda Financial results Closing statements Q&A session
Slide 4: Important announcement
o Last Friday, February 27, ISA was formally notified of a decision issued by the Fifth Section of the State Council, which declared the annulment of the election of Jorge Andrés Carrillo Cardoso as president of the Company. o In response to these events, and out of respect for the decisions adopted
Slide 5: Highlights
1 HIGHLIGHTS Gabriel Melguizo CEO (Interim) CONNECTIONS THAT INSPIRE
Slide 6: Strategy launch
Strategy launch Consolidating energy Deploying/accelerating Growing selectively/ Entering new Multiplying 2024 EBITDA Actively managing the Contributing positively transmission new energy businesses Strategically in roads geographies by more than 2x portfolio to talent, communities, and nature
Slide 7: We implemented operational efficiencies to drive the ISA2040 Strategy
We implemented operational efficiencies to drive the ISA2040 Strategy Transelca was chosen as the vehicle to drive the new Energy Solutions business in Colombia. Intercolombia consolidates its position as the leading transmission service operator in Colombia. Creation of HI, ISA's digital HUB, a new
Slide 8: Solid operational and financial performance that generates value for investors
Solid operational and financial performance that generates value for investors Investments of EBITDA Dividends paid Positive Financial COP 6.3 T COP 8.7 T totaling performance of closure of COP 1.4 T the share. Panamericana Net profit 31% Valuation of Este. Compared to 2024 COP 2.4 T COP 1,265 per s
Slide 9: Our commitment to sustainability
Our commitment to sustainability COP 28 B invested in social management on the continent, and an SROI of 4.15. 114% compliance with our Net Zero annual target, and 100% of our companies are carbon neutral. Revenues of USD 6.8 M and USD 0.5 M in cost reductions or efficiencies from innovation.
Slide 10: Energized and awarded projects
Energized and awarded projects AWARDED PROJECTS ENERGIZED PROJECTS ~ USD 283 MILLION ~ USD 664 MILLION o 54 reinforcements and improvements. ~ USD 266 M o Riacho Grande Project: USD 162 M investment. o Block 1 of the Piraquê Project, enabling 30% of revenues. 94 reinforcement and improvement o Agua
Slide 11: Investments of COP 6.3 T in 2025, a 31% increase when compared to 2024
Investments of COP 6.3 T in 2025, a 31% increase when compared to 2024 CAPEX Consolidated CAPEX COP trillion by country and by business unit (2025) 31% Peru; Panama; 3% 6.3 Colombia; 92% 8% 19% 4.6 4.8 4.2 4.1 7% COP Chile; COP 6.3 T 1% 12% Brazil; 2021 2022 2023 2024 2025 58%
Slide 12: 2026-2030 investment plan for COP 25.5 T
2026-2030 investment plan for COP 25.5 T, to back the growth plan at the regional level Investment plan1 Execution (COP trillion) Panama; 4% COP 25.5 Chile; Colombia; 16% 23% 7.9 7.0 6.3 COP 5.3 5.3 Peru; 25.5 T 10% Brazil; 47% 2025 2026 2027 2028 2029 - 2030 78% 13% 6% 3% Projects under km of km of
Slide 13: Financial results
2 FINANCIAL RESULTS Jaime Falquez CFO CONNECTIONS THAT INSPIRE
Slide 14: Financial highlights
Strong operational performance. Extraordinary positive events in 2024 (RTP1 and major maintenance in Peru) and negative ones in 2025 (RBSE1 and Air-e provision). Capex execution of COP 6.3 T during 2025, an increase of 31% compared to 2024. Financial Optimal debt levels, closing with a gross debt/EB
Slide 15: Our financial results reflect solid operational performance
Our financial results reflect solid operational performance - 11% (Amounts in COP billion) EBITDA excluding extraordinary events + 8% 9,747 9,586 8,851 501 83 99 52 8,680 15% 896 906 Events EBITDA (-) RTP: COP 872 B (-) Maintenance Peru: Negative events: COP 177 B RBSE: COP 592 B 2% (+) Air-e: COP 1
Slide 16: Strength in ISA and its companies' financial position
Strength in ISA and its companies’ financial position (Amounts in COP trillion as of December 31, 2025) Minority interest and Assets Liabilities ISA's equity equity (Does not include minority interest) - 1.9% Others; 1% Peru; Colombia; 13% 21% 48.7 47.8 0% COP 76.1 - 1.0% 17.8 17.8 +0.3% Brazil; 44%
Slide 17: Efficient debt management to finance investment projects
Efficient debt management to finance investment projects. Decreases Increases 574 | -1.7% COP billion Gross 1,542 | +4.8% debt/EBITDA2 34,484 32,368 1,519 237 33,910 3.7 x 2,116 106 108 FFO/ Net debt3 Dic.24 Dec. Efecto effect (1) FX conversión Dic.24 Dec. 2024 Brasil Brazil Perú Peru Colombia Chile
Slide 18: The share performed positively, with a 48% increase in value and a total return of 55%
The share performed positively, with a 48% increase in value and a total return of 55%. Daily price and volume | ISA share Dec. 30, 2024 – Dec. 31, 2025 Volumen (COP$) Precio 30.000 100 .000.0 00.000 90.0 00.00 0.000 24,660 80.0 00.00 0.000 70.0 00.00 0.000 60.0 00.00 0.000 20.000 50.0 00.00 0.000 4
Slide 19: It is proposed to distribute 50% of 2025 net profit
It is proposed to distribute 50% of 2025 net profit, maintaining a healthy balance between profit distribution and reinvestment for growth. Dividends per share and payout Considerations 400 0 60% 88% 350 0 50% 50% 50% 50% o Temporarily affected by non- 70% 50% 45% 45% payment of Aire-e and RBSE 300
Slide 20: Closing statements
Definition of a strategy that secures the company’s future by positioning it as a leader in the energy transition. Strong operational and finance performance in 2025. ISA strengthens its capabilities and adapts the organization to drive strategic decisions.. ISA reaffirms its commitment through conc
Slide 21: Q&A Thank you!
Q&A Thank you!
ISA (Interconexión Eléctrica S.A. E.S.P.) — Q4 2025 Earnings Presentation on 6ix