Posco Holdings Inc. · KRX:005490
Posco — Q1 2026 Earnings Presentation
17 slides from Posco's earnings presentation, Apr 30, 2026
Slide 1: POSCO HOLDINGS Q1 2026 earnings release
POSCO HOLDINGS Q1 2026 earnings release April 30, 2026 posco holdings
Slide 2: Disclaimer
DISCLAIMER This presentation was prepared to release information to shareholders, investors and the community pertaining to the company’s business outcomes, financial performance and key operations. The financial and business statements provided in the presentation are based on data available at the
Slide 3: Consolidated Business Performance
Consolidated Business Performance Income Earnings increased on improved profitability in Rechargeable Battery Mtrls. and solid Infrastructure Revenue Operating Profit OP Margin (KRW bil., %) Financial Structure QoQ Net Debt EBITDA Net Debt Ratio (KRW bil., %) QoQ 3.3% Revenue +1,035 Q1 2025 11,694 1
Slide 4: JVA Signing
JVA Signing JV agreement signed with JSW to build an integrated steel mill in India (April 20, 2026) Establish a local production base beyond an export-driven model to capture the growing demand for high-grade steel in India Governance Structure and Strategic Synergies Joint and balanced management
Slide 5: Production System and Product Portfolio
Production System and Product Portfolio Construct a 6 Mtpa BF-based integrated steel mill for premium steel to secure stable earnings Enhance mid-to long-term profitability by initially serving infrastructure demand then expanding to high-value products, i.e., automotive and coated steel Transition
Slide 6: Enhanced Steel Business Structure
Enhanced Steel Business Structure Close 2FINEX Reduce high-cost aging facilities; expand low carbon production system Coordinate aging facilties, introduce the electrical furnace, and set up foundation to introduce next-generation processes to boost mid to long-term production competence; establish
Slide 7: Lithium Subsidiaries
Lithium Subsidiaries Commercial production kicks in at POSCO Argentina Phase 1 (CP1) to offset losses and register profit POSCO ARGENTINA Revenue Operating Profit 12 Q1 2025 -54 QoQ Revenue (KRWbil., %) 19 +9 Q4 2025 -55 28 Q1 2026 Operating Profit +37 -18 Revenue POSCO Pilbara Lithium Solution Reve
Slide 8: Shareholder Return Policy Update (~2022)
Shareholder Return Policy Update (~2022) From 2023 to 2025, shareholder returns total KRW 3.5 tril. (incl. 4% treasury shares cancellation) (KRW 2.3 tril. in dividends, KRW 1.2 tril. in canceled treasury shares) 2016 Advanced shareholder programs that place investors first. We were first to introduc
Slide 9: New Mid-term Shareholder Return Policy (2026-2028)
New Mid-term Shareholder Return Policy (2026-2028) Shift to a performance-linked shareholder return policy to reinforce high-dividend market position and payout visibility For 2026-2028, shareholder return fund is set to 35-40% of adjusted net profit attributable to controlling interest; we plan to
Slide 10: POSCO Production/Sales
POSCO Production/Sales Crude Steel (Kt) Sales Volume (Kt) Utilization Rate* (KRW bil., %) % of Premium Plus Products Sold** Income Revenue Operating Profit OP Margin 8,819 QoQ QoQ 8,651 8.148 88.1% 8,721 8,285 7,717 Crude Steel (Kt) 89.8% +98 Sales Volume (Kt) +568 8,968 Q1 2025 346 3.9% 86.9% 8,299
Slide 11: Steel (overseas)
Steel (overseas) PT. Krakatau POSCO (Indonesia) 676 Q1 2025 Q4 2025 593 25 Q1 2026 664 20 POSCO Maharashtra (India) 464 Q1 2025 61 Q4 2025 Q1 2026 526 3 498 31 Revenue Operating Profit (KRWbil.) PZSS (China) QoQ 672 Q1 2025 Revenue A19 +71 Operating Profit A5 Q4 2025 554 A132 Q1 2026 363 A2 Revenue
Slide 12: POSCO FUTURE M
POSCO FUTURE M Income Revenue & OP by Segment Revenue Operating Profit OP Margin (KRWbil.,) (KRWbil.) Q1 2025 Q4 2025 Q1 2026 QoQ A9.3% 2.0% 2.3% QoQ Revenue + 200 Operating Profit + 70 OP Margin Revenue 845 558 758 +200 Energy Materials 505 220 434 +217 Base Materials 340 338 324 A14 Operating Prof
Slide 13: POSCO International
POSCO International Revenue & OP by Segment Income Revenue Operating Profit OP Margin (KRWbil., %) (KRWbil.) Q1 2025 Q4 2025 Q1 2026 QoQ QoQ Q12025 8,154 3.3% 270 Q42025 7,828 266 3.4% Q1 2026 8,410 358 4.3% OP Margin +0.9% Revenue +582 Operating Profit +92 Revenue 8,154 7,828 8,410 +582 Energy¹ 858
Slide 14: POSCO E&C
POSCO E&C Income 1,814 Q12025 1.3% 24 1,815 Q4 2025 190 A10.5% Q1 2026 1,680 53 Revenue & OP by Segment (KRWbil.) Revenue Operating Profit OP Margin (KRWbil., 4) Q1 2025 Q4 2025 Q1 2026 QoQ QoQ Revenue 1,814 1,815 1,680 A135 Revenue A134 Operating Profit +29 OP Margin Plant 423 582 576 +6 Infrastruc
Slide 15: Summarized Consolidated Income Statement
Summarized Consolidated Income Statement Category Q1 2025 Q4 2025 Q1 2026 (KRW billion) Revenue Gross Profit (Gross Margin) SG&A Operating Profit (Operating Margin) Profit Before Tax Net Profit Net Profit Attributable to Controlling Interest 17,437 16,841 17,876 QoQ +1,035 1,336 1,029 1,516 +488 7.7
Slide 16: Summarized Consolidated Income Statement and Balance Sheet
Summarized Consolidated Income Statement Category Q1 2025 Q4 2025 Q1 2026 (KRW billion) Revenue Gross Profit (Gross Margin) SG&A Operating Profit (Operating Margin) Profit Before Tax Net Profit Net Profit Attributable to Controlling Interest 17,437 16,841 17,876 QoQ +1,035 1,336 1,029 1,516 +488 7.7
Slide 17: Signatures
posco HOLDINGS SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. POSCO HOLDINGS INC. (Registrant) Date: April 30, 2026 By /s/ Han, Young Ah (Signature) N