Transportadora De Gas Del Sur Sa Class B · BCBA:TGSU2

Transportadora De Gas Del Sur Sa Class B — Q3 2026 Earnings Presentation

10 slides from Transportadora De Gas Del Sur Sa Class B's earnings presentation, October 2026

  1. Slide 1: Earnings Presentation 2026 Third Quarter

    Earnings Presentation 2026 Third Quarter Transportadora de Gas del Sur S.A.

  2. Slide 2: Earnings Presentation Disclaimer

    Earnings Presentation Disclaimer 2026 Third Quarter The material that follows is a presentation of general background tors. These risks and uncertainties include, but are not limited to, information about Transportadora de Gas del Sur S.A. (“TGS” or the changing business, regulatory, political or ot

  3. Slide 3: Recent events

    Earnings Presentation Recent events 2026 Third Quarter NGL Project: > RIGI approval. > 96% project capacity fully subscribed under 15-year take or pay contracts. > Main EPC contracts executed. > US$ 1.4 Bn syndicated bank loan in advanced negotiation. Natural Gas Transportation Expansion: > ENReGE (

  4. Slide 4: Net income 3Q26 vs. 3Q25

    Earnings Presentation Third Quarter Results Highlights 2026 Third Quarter NET INCOME 3Q26 VS. 3Q25 (IN MM AR$) 149,547 (23,677) 14,203 (13,880) (18,001) 2,312 110,505 3Q25 Natural Gas Liquids Midstream Financial Income Tax 3Q26 Transportation and Other Results and Others Services EBITDA(1) (1) EBITD

  5. Slide 5: Natural Gas Transportation

    Earnings Presentation Third Quarter Results Highlights 2026 Third Quarter NATURAL GAS TRANSPORTATION (MM AR$) Revenues 220,671 219,886 210,915 205,349 196,471 EBITDA 135,822 62% 158,195 139,461 117,784 141,461 72% 68% 60% EM 67% Opex (84,849) (78,687) (61,691) (65,888) (69,454) 3Q25 4Q25 1Q26 2Q26 3

  6. Slide 6: Liquids

    Earnings Presentation Third Quarter Results Highlights 2026 Third Quarter LIQUIDS (MM AR$) Revenues 252,434 244,481 236,421 225,569 218,571 EBITDA 86,946 69,388 103,775 34% 83,592 EM 29% 42% 109,377 37% 50% Opex (167,033) (165,488) (140,706) (141,977) (109,194) 3Q25 4Q25 1Q26 2Q26 3Q26 3Q25 EBITDA 6

  7. Slide 7: Midstream and Other Services

    Earnings Presentation Third Quarter Results Highlights 2026 Third Quarter MIDSTREAM AND OTHER SERVICES (MM AR$) Revenues 121,870 120,645 108,918 108,066 110,426 EBITDA 75,060 81,629 67,773 67,750 62% 78,902 EM 67% 63% 61% 72% Opex (45,585) (42,676) (30,016) (40,293) (40,241) 3Q25 4Q25 1Q26 2Q26 3Q26

  8. Slide 8: Net Financial Results

    Earnings Presentation Third Quarter Results Highlights 2026 Third Quarter NET FINANCIAL RESULTS (MM AR$) 3rd Quarter Variation 2026 2025 Ar$ % (24,494) (6,493) (18,001) 277% MAIN VARIATIONS (17,764) Lower financial assets income (11,601) Higher debt interest (4,427) Higher inflation exposure loss 15

  9. Slide 9: 3rd Quarter 2026 Cash Flow

    Earnings Presentation Third Quarter Results Highlights 2026 Third Quarter 3rd QUARTER 2026 CASH FLOW (MM AR$) 269,125 (526,479) 2,331,014 268,400 (48,239) 2,329,015 137,982 (64,116) (38,672) Financial EBITDA Capex Working Income Interest Loans Financial Financial Investments(1) at Capital(2) Tax Pay

  10. Slide 10: Thank you for joining us! Q&A

    Thank you for joining us! Q&A tgse

Transportadora de Gas del Sur — Q3 2026 Earnings Presentation on 6ix