| 0 | Infrastructure Division | Infrastructure Division | |
| 1 | Infrastructure Division. - At the end of 2Q25, net accumulated revenues reached US$342 million, and EBITDA | Infrastructure Division. - At the end of 2Q25, net accumulated revenues reached US$342 | |
| 2 | totaled US$161 million, with decreases of 11.9% and 29.8%, respectively, compared to the same period of 2024. | totaled US$161 million, with decreases of 11.9% and 29.8%, respectively, compared to the same period | |
| 3 | This was due to the impact of the temporary suspension of 4 rigs and negative foreign exchange effects in | This was due to the impact of the temporary suspension of 4 rigs and negative foreign | |
| 4 | businesses with the MXN as their functional currency, partially offset by the operation of the Fenicias Wind Farm in | businesses with the MXN as their functional currency, partially offset by the operation of the Fenic | |
| 5 | Energy, and the integration of the new K8+Puebla portfolio into the operations of GM Inmobiliaria (PlaniGrupo). | Energy, and the integration of the new K8+Puebla portfolio into the operations of GM Inmobiliaria (P | |
| 6 | The Division's EBITDA margin reached 47.0%. | The Division's EBITDA margin reached 47.0%. | |
| 7 | P ower Generation. – As of the 2Q25, revenues totaled US$157 million, and EBITDA reached US$81 million, | P | ower Generation. – As of the 2Q25, revenues totaled US$157 million, and EBITDA reached |
| 8 | representing variations of +17.3% and +3.9%, respectively vs. 2024. This was mainly because the "La Caridad" | representing variations of +17.3% and +3.9%, respectively vs. 2024. This was mainly beca | |
| 9 | combined cycle plant achieved higher revenues and the "Fenicias" wind farm recorded sales of 389.1 GWh of energy, | combined cycle plant achieved higher revenues and the "Fenicias" wind farm recorded sales of 389.1 G | |
| 10 | totaling US$20 million in EBITDA by the end of 2Q25. This wind farm has been supplying electric energy to IMMSA's | totaling US$20 million in EBITDA by the end of 2Q25. This wind farm has been supplying electric ener | |
| 11 | mining and smelting operations since August 1st, 2024. We are currently evaluating several investment | mining and smelting operations since August 1st, 2024. We are currently evaluating sever | investment |
| 12 | opportunities for this business unit through M&A activities or building Clean Energy Generation capabilities. | opportunities for this business unit through M&A activities or building Clean Energy Generation capa | |
| 13 | P erforadora Mexico (PEMSA). - Accumulated revenues at the end of 2Q25 were US$42 million and EBITDA reached | P | erforadora Mexico (PEMSA). - Accumulated revenues at the end of 2Q25 were US$42 million and EBITDA r |
| 14 | US$7 million, translating into increases of 63.7% and 89.3%, respectively, vs. the previous year. This was due to | US$7 million, translating into increases of 63.7% and 89.3%, respectively, vs. the previous year. T | |
| 15 | the temporary suspension of 4 jack-up rigs (Chihuahua, Zacatecas, Campeche and Tabasco) and adjustment of | the temporary suspension of 4 jack-up rigs (Chihuahua, Zacatecas, Campeche and Tabasco) and adjust | |
| 16 | daily quotas. The Veracruz and Tamaulipas modular platforms have operated throughout the year with efficiencies | daily quotas. The Veracruz and Tamaulipas modular platforms have operated throughout the year with e | |
| 17 | of 99.95%. | of 99.95%. | |
| 18 | PEMEX is going through a restructuring period which has resulted in significant debt to suppliers and reduced | PEMEX is going through a restructuring period which has resulted in significant debt to | |
| 19 | revenues. IN the case of these four jack-up rigs, given PEMEX´s current situation and the lack of payments to | revenues. IN the case of these four jack-up rigs, given PEMEX´s current situation and | |
| 20 | suppliers, it is more favorable for us to keep them under temporary shutdown than operating. | suppliers, it is more favorable for us to keep them under temporary shutdown than operating. | |
| 21 | R eal estate. – By the end of the 2Q25, revenues totaled US$46 million, and EBITDA reached US$30 million, | R | eal estate. – By the end of the 2Q25, revenues totaled US$46 million, and EBITDA reac |
| 22 | translating into increases of 21.6% and 26.3%, respectively, vs. the previous year; this was due to the incorporation | translating into increases of 21.6% and 26.3%, respectively, vs. the previous year; this was due to | |
| 23 | of the new K8+Puebla portfolio (9 venues) in September 2024, an increase in rents, and 94.3% occupancy. | of the new K8+Puebla portfolio (9 venues) in September 2024, an increase in rents, and | |
| 24 | Variations vs. 2024 in MXN resulted in +42.1% in revenues and +42.3% in EBITDA. | Variations vs. 2024 in MXN resulted in +42.1% in revenues and +42.3% in EBITDA. | |
| 25 | C onstruction and Engineering. - At the end of 2Q25, accumulated revenues totaled US$64 million and EBITDA | C | onstruction and Engineering. - At the end of 2Q25, accumulated revenues totaled US$64 m |
| 26 | US$13 million, representing variations of -0.7% and -5.3%, respectively vs. 2024. Variations in results are | US$13 million, representing variations of -0.7% and -5.3%, respectively vs. 2024. Variati | |
| 27 | attributable to the completion of construction projects and exchange rate effects. Variations vs. 2024 in MXN | attributable to the completion of construction projects and exchange rate effects. Variat | |
| 28 | resulted in +14.1% in revenues and +2.7% in EBITDA. | resulted in +14.1% in revenues and +2.7% in EBITDA. | |
| 29 | H ighways. - By the end of 2Q25, accumulated revenues totaled US$34 million, and EBITDA reached US$23 million, | H | ighways. - By the end of 2Q25, accumulated revenues totaled US$34 million, and EBITDA reached US$23 |
| 30 | representing variations of -7.6% and -5.7%, respectively, vs. the previous year due to F/X effects. The daily | representing variations of -7.6% and -5.7%, respectively, vs. the previous year due to | |
| 31 | equivalent traffic reached 22,623 units, 3.1% higher than in 2024. Variations vs. 2024 in MXN resulted in +8.4% in | equivalent traffic reached 22,623 units, 3.1% higher than in 2024. Variations vs. 2024 in MXN result | |
| 32 | revenues and +10.8% in EBITDA. | revenues and +10.8% in EBITDA. | |
