Central Puerto Sa · BCBA:CEPU
Central Puerto Sa — Q2 2026 Earnings Presentation
11 slides from Central Puerto Sa's earnings presentation, Aug 12, 2026
Slide 1: 2nd Quarter 2026 Earnings Presentation
2 Quarter 2026 nd Earnings Presentation August 12, 2026
Slide 2: Disclaimer
Disclaimer The financial statements as of June 30 , 2026 , reflect the effects of inflation adjustment in accordance with IAS 29 . Accordingly, these financial statements have been stated in terms of the measuring unit current at the end of the reporting period, including prior period financial figu
Slide 3: 2nd Quarter 2026 – Highlights
Central Puerto 2nd quarter 2026 2nd Quarter 2026 – Highlights ( 1) Commercial Adjusted EBITDA Revenues Total generation • MAT 400 leadership supported by strong contract coverage : US $ 145 .0 MM US $ 453 .3 MM 5 ,250 GWh • Average MAT market share Includes US $ 176.4 MM Spot 15% of SADI generation
Slide 4: 2Q26 Total generation & CEPU commercial development
2Q26 Total generation & CEPU commercial development Total Offer Total MAT Res.400 sales 2Q26 Total Total energy offer 36,724 Central Puerto held +35% of total energy offer Energy imports + 1,770 MAT Res.400 market share in 2Q26 (GWh) Local generation 34,954 MAT sales breakdown by seller (2) 2Q26 Loc
Slide 5: 2Q 2026 Earnings summary: Revenues
2Q 2026 Earnings summary 2Q26 Revenues (in US$ MM) 2Q 2026 revenues overview +82.3% +165.8% Sales under contract increased, primarily driven by : q/q y/y Includes spot • A full quarter of revenues from the Brigadier López PPA . CVP from self procured fuels . • Higher MAT contracted energy and capaci
Slide 6: 2Q 2026 Earnings summary: Consolidated Income Statement
2Q 2026 Earnings summary Consolidated Income Statement 2Q 2026 1Q 2026 2Q 2025 Δ% q/q Δ% y/y (in US$ MM) Revenues 453.3 248.6 170.5 82.3% 165.8% Cost of Sales - 324.0 - 146.2 - 124.5 121.6% 160.2% 2Q26 Adjusted EBITDA Gross income Administrative and selling expenses 129.3 - 23.5 102.4 - 22.7 46.0 -
Slide 7: 2Q 2026 Power Generation
2Q 2026 Power Generation 2Q26 volumes CEPU installed capacity (in GWh) remained stable in 2Q26 - 3.1% +20.1% Volume analysis q/q (in MW) y/y q/q • Lower CEPU legacy steam Other metrics 5,250 5,420 turbine generation by 17% . 6,933 6,704 432 521 501 4,371 • Piedra del Águila increased 569 479 • STEAM
Slide 8: 2026 Capex plan & 205 MW BESS projects progress
2026 Capex plan & 205 MW BESS projects progress Total CAPEX (6M 2026) BESS execution milestones achieved US$ 421.9 MM 6M 2026 total CAPEX (in US$ MM) • Construction progress: 69% (Nuevo Puerto) and 54% (Central Costanera). • Energization expected in October –November 2026. 245.0 • 81% of project CAP
Slide 9: Strong balance sheet and financial flexibility
Strong balance sheet and financial flexibility Financial debt maturity profile and ratios Finance update Debt maturity profile as of June 30, 2026 (in US$ MM) Debt capital markets activity – Local bonds issued 217.1 178.4 • April 2026 – Class D Notes: US$130.1 MM, 6.0%, 48 - month bullet 176.4 matur
Slide 10: Terms and abbreviations
Terms and abbreviations Abbreviation / Term Definition 1Q26 / 2Q26 / 3Q26 / 4Q26 First, second, third and fourth quarters of 2026 , respectively . 1H26 / 6M26 Six - month period ended June 30 , 2026 . FY25 / FY26 Fiscal year ended December 31, 2025 and 2026 , respectively . LTM Last Twelve Months .
Slide 11: Thank you
Thank you nd 2 Quarter 2026 Earnings webcast August 12 th , 2026