Maynilad Water Services, Inc. · PSE:MYNLD
Maynilad Water Services — FY2025 Earnings Presentation
19 slides from Maynilad Water Services's earnings presentation, March 2026
Slide 1: Investor and Analyst Briefing for the Full Year of 2025
INVESTOR AND ANALYST BRIEFING for the Full Year of 2025
Slide 2: Management Team Present
Management Team Present perri Lourdes Marivic K. Ricardo (Dickie) F. Ramoncito S. Fernandez Fhristopher Jaime T Roel S. Espiritu ; Marie Antonette H. Punzalan - Espiritu de los Reyes President and CEO a auco ing Off Chief Sustainability Officer te rampo affairs & Chief Legal Counsel Chief Finance Of
Slide 3: 2025 At a Glance
2025 Ata Glance P36.6Bn REVENUE (+9.4% from 2024) FIRST PHILIPPINE GREEN EQUITY P25.3.n EBITDA (69% EBITDA Margin) 1.09mcm NEWWATER RECYCLED (0.2% of Billed Volume) P1 5.2Bn NET INCOME (42% NI Margin) 27% FEMALE WORKFORCE REPRESENTATION P8.48n DIVIDEND DISBURSEMENT 803.5mwh RENEWABLES PRODUCTION
Slide 4: Operations Metrics
Operations Metrics Water Service Coverage Minimum 7-PSI Water Availability | Non-Revenue Water (% of West Zone Population) (% of West Zone Population) (average,%) 89.5% 90.1% 91.9% 44.2% 49 306 95.0% 39.4% 94.9% 80.4% 94.8% 34.9% } L L I ; [ T 2022! 2023 2024 2025 2022 2023 2024 2025 2022" 2023 2024
Slide 5: 2025 CAPEX Program
2025 CAPEX Program InP Bn ATER SOURCES PROGRAM 78,655 CAVITE MODULAR TREATMENT PLANTS TOTAL 205MLD. 2023 2024 2025 IONS SUPPORT WASTEWATER TREATMENT » — 28.5km : PRIMARY PIPES LAMESA LAGOON CONVERSION | ' LAID 20MLDTunasan WRF 2050 CAMANA WRF NRW MANAGEMENT 30.7% 70,373 3,346km NON-REVENUE — LEAKS R
Slide 6: 2026 CAPEX Program
2026 CAPEX Program STRATEGIC FOCUS: Sewer Coverage, Supply Reliability, NRW Recovery, Alternative Water Sources Planned Investments (2023 - 20271) Upcoming Projects Customer Service and Information 3% Water Sources 25% Wastewater Treatment 34% Operations : | SS ‘ Support L Bx! = J 19% NRW 12MLD PASA
Slide 7: IPO Highlights
IPO Highlights * P34.3Bn IPO, Second-Largest in the Philippine Market o Up to 2,288,974,000 shares at P15/sh O Net Proceeds to Maynilad: P25.3Bn 0 Total Domestic demand ~ P15.3Bn ° First Green Equity IPO in the Philippines © First to be granted the label in Asia © Granted a Medium Green shade from S
Slide 8: Use of Proceeds
Use of Proceeds P14,814.3mn 65.9% P25,264.2mn 10.0% Blue Bond Net Proceeds Disbursed IPO Net Proceeds Disbursed As of December 31, 2025 (in P Mn) As of December 31, 2025 (in P Mn) Water CAPEX 4,877.9 Capital Expenditures Wastewater CAPEX 4,888.2 Water 1,372.2 Total Disbursements 9,766.1 Wastewater 3
Slide 9: Financial Metrics - Consolidated
Notes: Financial Metrics - Consolidated FY2024 FY2025 % Increase/ InPMn__InPMn (Decrease) OperatingRevenue 3395 36,645 9.A% Operating Costs (11,453) (11,352) -0.9% eoR” SS 25293 EBITDA Margin 65.8% 69.0% 322 bps Netincome = 12,781 15,219 19.1% Net Income Margin 38.2% 415% 337 bps Revenues 349 373 6.
Slide 10: Financial Metrics - West Zone
Financial Metrics -— West Zone FY2024 FY2025 % Increase/ . InPMn__InPMn (Decrease) * Geranma ierecesI FOES Operating Revenue 33,145 36,272 9.4% © Led by MWSS-RO approved tariff increase equivalent to: Costs = RAL adjustment of 8.05% effective January 1, 2025 Utilities (Light & Power) (1,332) (1,099)
Slide 11: Economic Performance
Economic Performance Interim Cash Position! InP Bn 177K. > Sd @ Under its concession 104 agreement, it is only the 148 Opening Cash Position (OCP) as determined by the regulator which forms the sole basis for the 93 concession’s regulated 12% pre-tax nominal rate 62 of return 125 100 84 48 2022 2023
Slide 12: Debt Profile
Debt Profile (inP Bn 92.7 83.6 Ey 61.8 2023 2024 2025 \ Peso Loans ™ Foreign Loans InP.Bn 92.7 83.6 61.8 2023 m Fixed Rate 2024 2025 Floating Rate Key Debt Analysis Debt Metrics / Terms C FY24 FY25 f Debi VAT. Average Remaining Tenor 7.53 years Debt/Equity 0.8x Debt Service Coverage Ratio 6.1x Debt/
Slide 13: Dividend Declaration — P1.14/sh
Dividend Declaration — P1.14/sh P8.4:, InP Bn RECORD DATE: MARCH 9, 2026 PAYMENT DATE: MARCH 18, 2026 Current Dividend Policy: The Company maintains an annual dividend payout policy of at least the (in PHP Mn) higher of 50% of its prior year’s Net Income or 40% of its prior year's Adjusted Net Incom
Slide 14: Sustainability Highlights
Sustainability Highlights SUSTAINABILITY STRATEGY: Providing Sustainable Water Service and Solutions ENVIRONMENTAL SOCIAL GOVERNANCE ou 31,154m. 72,526m. gy INVESTORS ey N V Recycled Water Wastewater Treated We IN PEOPLE PHILIPPINE 1 088mi 1 1 1 406 Platinum Accreditation GREEN EQUITY NEWWATER Septi
Slide 15: Global Water Awards
Global Water Awards SDG6 Champion of the Year Asian Water Awards Water Reuse and Recycling Project of the Year Asia Corporate Excellence & Sustainability Awards Asia's Most Influential Companies Top Green Companies in Asia 22°ANNUAL ESG GREEN FI ee s ages AupHasoun il Alpha Southeast Asia Best Blue
Slide 16: Q&A
Q&A
Slide 17: Accounts Offered Sanitation Services
₱ 201.4 470.6 801.2 1,209.6 Accounts Offered Sanitation Services, ‘000
Slide 18: 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 19: 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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