Earnings release
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Investor Relations Contacts Juan Diego Siller jsiller@alpek.com Alejandra Bustamante abustamante@alpek.com ir@alpek.com www.alpek.com Webcast Details Thursday, October 22 at 9:30 am MX | 11:30 am ET Zoom Webcast Registration RESULTS 3Q26 October 21, 2026
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3Q26 RESULTS 2 Monterrey, Mexico – October 21, 2026 – Alpek, S.A.B. de C.V. (BMV: ALPEKA) (“Alpek” or the “Company”) , a leading petrochemical company, announces its Third Quarter 2026 Results. 3Q26 QUARTERLY HIGHLIGHTS (U.S.$ million, unless otherwise noted) • Comparable EBITD A was $27 6 million ( -18% QoQ and +101% YoY), reflecting strong execution and continued elevated Chinese PET reference margins ($213/ton) and SA ocean freight rates ($321/ton). • Volume was 1,172 ktons (+4% YoY, flat QoQ), supported by solid demand. • Operating Free Cash Flow totaled $5 million, as $303 million (+161% YoY) of Reported EBITDA was largely offset by a greater-than-expected $226 million investment in Net Working Capital. • Leverage improved to 1.8x from 2.2x in 2Q26, below the Company's 2.0x –2.5x target range, driven by stronger LTM EBITDA. • Raising full year 2026 Guidance for Comparable EBITDA to $990 million. • Alpek was re -included in the S&P/BMV IPC index, reflecting increased trading liquidity and strong performance as an independent company. KEY METRICS (U.S.$ million, unless otherwise noted) 3Q26 2Q26 3Q25 QoQ% YoY% YTD26 YTD25 Ch.% Volume1 (ktons) 1,172 1,175 1,124 - 4 3,454 3,360 3 Polyester 967 980 929 (1) 4 2,852 2,773 3 Plastics & Chemicals 205 195 195 5 5 602 587 3 Reported EBITDA 303 407 116 (25) 161 872 349 150 Polyester 236 290 71 (19) 233 617 203 204 Plastics & Chemicals 59 110 43 (47) 38 227 137 65 Others 9 6 3 37 212 29 9 239 Comparable EBITDA2 276 336 137 (18) 101 762 388 96 Polyester 205 235 88 (13) 134 516 226 128 Plastics & Chemicals 62 95 47 (35) 32 216 153 41 Others 9 6 3 57 205 29 9 223 Operational Free Cash Flow 5 127 68 (96) (92) 222 123 81 CAPEX (46) (19) (32) (140) (46) (103) (119) 13 Net Debt 1,717 1,664 1,843 3 (7) Net Debt / EBITDA3 1.8 2.2 4.0 (1) Excludes intracompany sales (2) Excludes inventory adjustments and non-operating, one-time (gains) losses (3) Times: LTM
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3Q26 RESULTS 3 MESSAGE FROM OUR CEO “Alpek delivered very strong results in the third quarter, reflecting disciplined execution and continued market tailwinds, particularly in our Polyester segment. The Company continues to successfully navigate the volatility in global trade flows stemming from the conflict in the Middle East. Supply and demand dynamics remain supportive, keeping reference margins above expectations. Our local -for-local production strategy is delivering strong results, particularly in North America, as improved ocean freight rates and supply chain disruptions reinforce the advantages of reliable domestic supply. Throughout the quarter, we continued to optimize our supply chain, particularly in the Middle East, enabling us to meet sustained elevated demand and maintain high operating rates. Based on the strength of our year -to-date performance, combined with our outlook for the remainder of 2026, we are again raising our full -year Comparable EBITDA Guidance. In September, Alpek also achieved an important milestone with its re -entry into the IPC Index, which consists of the top 35 public companies, based on market capitalization and trading liquidity, listed on Mexico’s stock exchange. This additional visibility creates opportunities to further expand our investor base globally and increase trading liquidity. Jorge Young CEO We continue to invest selectively in initiatives that support our long -term growth, such as thermoform expansion in Saudi Arabia, copolymer production in our polypropylene ( PP) business and venturing into expandable polystyrene (EPS) extrusion in North America. During the quarter, we reduced our leverage ratio to 1.8 times, and we remain committed to further reducing our net debt. Looking ahead, our lower leverage and enhanced cash generation provide greater flexibility as we pursue a balanced capital allocation strategy. On a final note, I would like to take a moment to once again thank all of our employees for their continued dedication and commitment . Their agility and a bility to find s olutions in a rap idly changing environment have been instrumental to our performance this year.
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3Q26 RESULTS 4 2026 YEAR-END REVISED GUIDANCE & OUTLOOK (U.S.$ million, unless otherwise noted) Alpek is again raising its 2026 Guidance based on its strong performance in 3Q26 and its market expectations for the remainder of the year, supported by the continuation of elevated reference prices. PET margins and ocean freight rates are expected to gradually moderate towards year-end, consistent with typical fourth quarter seasonality, while remaining well above the initial expectations set during the second quarter. As such, the revised Guidance and key assumptions are as follows: 2026 Guidance Revised Guidance Prior Guidance Comparable EBITDA $990 million $750 - $800 million Volume No change 4.6 million tons CAPEX No change $150 million Operating Free Cash Flow No change $300 - $350 million Key Assumptions for 4Q26 Revised Guidance (4Q26) Prior Guidance (2H26) PET Margins $225/ton $170-200/ton PP Margins 17 cpp 17 cpp Ocean Freight (SA) $200/ton $120-170/ton FX Rate $18.00 $18.00 These figures continue to represent management’s current best estimate s and remain subject to external factors that may impact industry dynamics. Similar to the previous quarter, current Guidance does not include the potential monetization of non-strategic assets, which, if realized, could provide upside.
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3Q26 RESULTS 5 FINANCIAL & OPERATING RESULTS OVERVIEW (U.S.$ unless otherwise noted) Total volume remained at 1.17 million tons, flat QoQ and 4% higher YoY, supported by continued solid operating performance and stable demand levels. Reference ocean freight rates to South America from Shanghai Containerized Freight Index (SCFI) averaged $32 1 per ton during the quarter, an increase of 4 3% QoQ and 74% YoY. Polyester Segment: Average Chinese PET reference margins decreased 31% QoQ to $213 per ton, yet are 59% higher YoY, a gradual slowdown from favorable industry conditions. Average U.S. Paraxylene reference prices reached $1,685 per ton, up 2% QoQ and 48% YoY. Plastics & Chemicals Segment: Polypropylene (PP) reference margins decreased by 10% QoQ to 18 cents per pound yet remained 29% above YoY. Expandable Polystyrene (EPS) reference margins averaged 34 cents per pound (-13% QoQ and -11% YoY). Average Propylene prices decreased to 45 cents per pound (-13% QoQ and +24% YoY), while Styrene prices remained flat at 63 cents per pound (+44% YoY). EBITDA (U.S.$ million, unless otherwise noted) 3Q26 2Q26 3Q25 QoQ% YoY% YTD26 YTD25 Ch.% Reported EBITDA 303 407 116 (25) 161 872 349 150 Inventory Adjustment (27) (66) 3 59 (935) (116) 5 (2,538) Others - (4) 18 99 (100) 5 34 (85) Comparable EBITDA 276 336 137 (18) 101 762 388 96 Comparable EBITDA decreased to $276 million, 18% lower QoQ, yet a notable increase of 101% YoY, based on solid operating performance , primarily in the Polyester segment , which was supported by ongoing elevated reference margins and ocean freight rates. Reported EBITDA totaled $303 million (-25% QoQ and +161% YoY ), reflecting a $27 million inventory adjustment associated primarily with higher raw material prices.
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3Q26 RESULTS 6 INCOME STATEMENT (U.S.$ million, unless otherwise noted) 3Q26 2Q26 3Q25 QoQ% YoY% YTD26 YTD25 Ch.% Total Revenues 2,179 2,154 1,666 1 31 6,027 5,058 19 Gross Profit 304 412 123 (26) 147 887 357 148 Operating expenses and others (75) (44) (114) (71) 34 (292) (257) (14) Operating Income (loss) 229 369 9 (38) 2,408 595 101 490 Financial cost, net (52) (28) (38) (87) (36) (117) (80) (46) Share of losses of associates - - - - - - - - Income tax (27) (75) (8) 64 (254) (113) (63) (79) Consolidated Net Income (loss) 151 266 (36) (43) 515 365 (42) 963 Controlling interest 140 238 (44) (41) 422 315 (64) 594 Earnings per Share (U.S. $) 0.07 0.11 (0.02) (41) 425 0.15 (0.03) 598 Avg. Outstanding Shares* 2,083 2,084 2,101 - (1) 2,084 2,102 (1) *Figure expressed in millions. The same number of equivalent shares is considered in the periods presented. Total Revenues reached $2.18 billion (+1% QoQ and +31% YoY), reflecting solid volumes and prices. Operating Income of $229 million, compared to $369 million in 2Q26 and $9 million in 3Q25. Net Income Attributable to the Controlling Interest was $140 million, a decrease compared with the previous quarter yet higher than the same period of last year.
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3Q26 RESULTS 7 CASH FLOW (U.S.$ million, unless otherwise noted) 3Q26 2Q26 3Q25 QoQ% YoY% YTD26 YTD25 Ch.% EBITDA 303 407 116 (25) 161 872 349 150 Net Working Capital & Others (226) (211) 38 (7) (700) (441) (10) (4,109) Financial Expenses (35) (33) (40) (7) 14 (103) (103) 1 Income Tax (21) (19) (18) (8) (17) (53) (41) (29) Maintenance CAPEX (16) (18) (28) 10 43 (53) (71) 25 Operating Free Cash Flow 5 127 68 (96) (92) 222 123 81 Strategic CAPEX (30) (1) (3) (2,225) (873) (50) (48) (4) Dividends (31) (12) (1) (156) (1,964) (43) (11) (278) Other Sources / Uses 3 (10) (4) 132 188 (6) (22) 72 Decrease (Increase) in Net Debt (52) 103 59 (150) (188) 123 42 197 Operating Free Cash Flow totaled $5 million, a -96% QoQ and -92% YoY decrease, as higher Reported EBITDA was offset by a larger investment in NWC. Net Working Capital ( NWC) investment increased to $226 million, mainly due to the higher pricing environment. CAPEX totaled $46 million, including $30 million in Strategic CAPEX associated with ongoing projects across our product portfolio. NET DEBT & LEVERAGE (U.S.$ million, unless otherwise noted) 3Q26 2Q26 3Q25 QoQ% YoY% Net Debt 1,717 1,664 1,843 3 (7) Reported EBITDA (LTM) 942 755 458 25 106 Net Debt / EBITDA (LTM) 1.8 2.2 4.0 As of September 30, 2026, Consolidated Net Debt was $1.72 billion, reflecting an increase of 3% QoQ and a decrease of 7% YoY. The Net Debt to Reported EBITDA (LTM) ratio improved to 1.8 times from 2.2 times in 2Q26, mainly reflecting higher LTM Reported EBITDA.
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3Q26 RESULTS 8 POLYESTER RESULTS (PTA, PET Resin, PET Sheet, & rPET: 72% of Alpek’s Net Sales and 68% of Comparable EBITDA) U.S.$ million, unless otherwise noted 3Q26 2Q26 3Q25 QoQ% YoY% YTD26 YTD25 Ch.% Volume (ktons) 967 980 929 (1) 4 2,852 2,773 3 Revenues 1,602 1,581 1,211 1 32 4,357 3,643 20 Reported EBITDA 236 290 71 (19) 233 617 203 204 Inventory Adjustment (30) (56) 2 47 (1,590) (110) - (75,195) Others (1) 2 15 (156) (107) 10 23 (58) Comparable EBITDA 205 235 88 (13) 134 516 226 128 Volume reached 967 thousand tons ( -1% QoQ and +4% YoY) as continued strong operations kept figures close to 2Q26 levels. Comparable EBITDA was $205 million (-13% QoQ and +134% YoY). Alpek's reliable operations enabled the Company to capture favorable PET reference margins and ocean freight rates. Reported EBITDA totaled $23 6 million ( -19% QoQ and +233% YoY), including a $ 30 million inventory adjustment associated with higher raw material prices.
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3Q26 RESULTS 9 PLASTICS & CHEMICALS (P&C) RESULTS (PP, EPS, & Specialty Chemicals: 19% of Alpek’s Net Sales and 28% of Comparable EBITDA) U.S.$ million, unless otherwise noted 3Q26 2Q26 3Q25 QoQ% YoY% YTD26 YTD25 Ch.% Volume (ktons) 205 195 195 5 5 602 587 3 Revenues 416 418 328 - 27 1,162 1,018 14 Reported EBITDA 59 110 43 (47) 38 227 137 65 Inventory Adjustment 2 (9) 1 126 118 (6) 4 (250) Others 1 (6) 3 115 (73) (4) 12 (133) Comparable EBITDA 62 95 47 (35) 32 216 153 41 Volume reached 205 thousand tons, up 5% QoQ and 5% YoY, as strong operations and a more diversified customer base allowed the segment to capture solid demand. Comparable EBITDA was $ 62 million (-35% QoQ and + 32% YoY). The YoY increase was driven by higher volumes and stronger PP reference margins, while the QoQ decline reflects margins normalization from 2Q26 levels. Reported EBITDA totaled $59 million (-47% QoQ and +38% YoY), including a $2 million inventory adjustment from lower raw material prices.
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3Q26 RESULTS 10 ABOUT ALPEK Alpek is a leading petrochemical company operating t hree business segments: “Polyester” (Purified Terephthalic Acid (PTA), Polyethylene Terephthalate (PET) Resin & Sheet, & recycled PET (rPET )), “Plastics & Chemicals” (Polypropylene (PP), Expandable Polystyrene (EPS), and other specialty and industrial chemicals), and “Others” ( comprised mainly by energy commercialization ). Alpek is a leading producer of PTA, PET Resin & PET Sheet worldwide, a leading rPET and EPS producer in the Americas, and the only producer of PP in Mexico. NOTE ON FORWARD LOOKING STATEMENTS This release contains forward ‐looking information based on numerous variables and assumptions that are inherently uncertain. They involve judgments with respect to, among other things, future economic, competitive, and financial market conditions and future business decisions, all of w hich are difficult or impossible to predict accurately. Accordingly, results could vary from those set forth in this release. The report presents unaudited financial information based on International Financial Reporting Standards (IFRS). Figures are state d in nominal Mexican pesos ($) and in current U.S. dollars (U.S. $), as indicated. Where applicable, peso amounts were translated into U.S. dollars using the average exchange rate of the months during which operations were recorded. CPP refers to cents per pound. Financial ratios are calculated in U.S. dollars. Due to the rounding up of figures, small differences may occur when calculating percent changes from one period to the other. Finally, QoQ refers to Quarter -over-Quarter comparisons, and YoY refers to Year-over-Year comparisons.
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3Q26 RESULTS 11 APPENDIX A – ADDITIONAL FINANCIAL INFORMATION TABLE 1 | PRICE CHANGES (%) QoQ YoY Ch. Polyester Avg. Ps. prices 2 18 4 Avg. U.S. $ prices 3 27 16 Plastics & Chemicals Avg. Ps. prices (6) 12 (1) Avg. U.S. $ prices (5) 21 11 Total Avg. Ps. prices 1 16 3 Avg. U.S. $ prices 1 25 16 TABLE 2 | REVENUES 3Q26 2Q26 3Q25 QoQ% YoY% YTD26 YTD25 Ch.% Total Revenues Ps. million 37,589 37,483 31,073 - 21 104,834 98,884 6 U.S. $ million 2,179 2,154 1,666 1 31 6,027 5,058 19 Domestic Revenues Ps. million 13,329 12,995 11,013 3 21 37,565 35,410 6 U.S. $ million 773 747 591 3 31 2,159 1,810 19 Foreign Revenues Ps. million 24,260 24,488 20,060 (1) 21 67,269 63,474 6 U.S. $ million 1,407 1,407 1,076 - 31 3,868 3,248 19 Foreign / Total (%) 65 65 65 - - 64 64 - TABLE 3 | OP. INCOME (Loss) 3Q26 2Q26 3Q25 QoQ% YoY% YTD26 YTD25 Ch.% Operating Income (Loss) Ps. million 3,956 6,420 176 (38) 2,154 10,317 2,016 412 U.S. $ million 229 369 9 (38) 2,408 595 101 490
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3Q26 RESULTS 12 TABLE 4 | COMPARABLE EBITDA 3Q26 2Q26 3Q25 QoQ% YoY% YTD26 YTD25 Ch.% Reported EBITDA Ps. million 5,228 7,080 2,166 (26) 141 15,166 6,823 122 U.S. $ million 303 407 116 (25) 161 872 349 150 Adjustments* Ps. million (469) (1,234) 398 62 (218) (1,929) 754 (356) U.S. $ million (27) (71) 21 61 (229) (111) 39 (385) Comparable EBITDA Ps. million 4,759 5,846 2,564 (19) 86 13,237 7,577 75 U.S. $ million 276 336 137 (18) 101 762 388 96 *Inventory adjustments and non-operating, one-time (gains) losses TABLE 5 | FINANCIAL COST, NET (U.S.$ million) 3Q26 2Q26 3Q25 QoQ% YoY% YTD26 YTD25 Ch.% Financial expenses (48) (50) (54) 3 11 (148) (146) (1) Financial income 10 9 9 9 11 26 27 (3) Net Financial Expenses (38) (40) (45) 6 15 (122) (120) (2) Fx gains (Losses) (14) 13 7 (208) (296) 5 39 (88) Financial Cost, Net (52) (28) (38) (87) (36) (117) (80) (46)
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3Q26 RESULTS 13 TABLE 6 | STATEMENT OF FINANCIAL POSITION & FINANCIAL RATIOS (U.S.$ million) 3Q26 2Q26 3Q25 QoQ% YoY% Assets Cash and cash equivalents 430 486 391 (12) 10 Trade accounts receivable 1,011 967 632 5 60 Inventories 1,427 1,539 1,368 (7) 4 Other current assets 356 309 343 15 4 Total current assets 3,224 3,302 2,734 (2) 18 Investment in associates and others 22 7 6 239 268 Property, plant and equipment, net 2,168 2,171 2,258 - (4) Goodwill and intangible assets, net 146 151 167 (3) (12) Other non-current assets 389 401 543 (3) (28) Total assets 5,949 6,031 5,708 (1) 4 Liabilities and stockholders’ equity Debt 116 82 61 41 92 Suppliers 1,422 1,670 1,339 (15) 6 Other current liabilities 320 297 262 8 22 Total current liabilities 1,858 2,049 1,663 (9) 12 Debt (include debt issuance costs) 1,852 1,883 1,973 (2) (6) Employees’ benefits 40 41 48 (3) (16) Other long-term benefits 291 286 332 2 (12) Total liabilities 4,041 4,259 4,015 (5) 1 Total stockholders’ equity 1,907 1,772 1,693 8 13 Total liabilities and stockholders’ equity 5,949 6,031 5,708 (1) 4 Net Debt 1,717 1,664 1,843 Net Debt / EBITDA* 1.8 2.2 4 Interest Coverage* 5.8 4.5 2.6 * Times: last 12 months
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3Q26 RESULTS 14 POLYESTER TABLE 7 | REVENUES 3Q26 2Q26 3Q25 QoQ% YoY% YTD26 YTD25 Ch.% Total Revenues Ps. million 27,640 27,517 22,577 - 22 75,783 71,186 6 U.S. $ million 1,602 1,581 1,211 1 32 4,357 3,643 20 Domestic Revenues Ps. million 6,472 6,228 5,190 4 25 17,420 16,260 7 U.S. $ million 375 358 278 5 35 1,002 832 20 Foreign Revenues Ps. million 21,168 21,288 17,387 (1) 22 58,364 54,926 6 U.S. $ million 1,227 1,223 932 - 32 3,356 2,811 19 Foreign / Total (%) 77 77 77 77 77 TABLE 8 | OP. INCOME (LOSS) 3Q26 2Q26 3Q25 QoQ% YoY% YTD26 YTD25 Ch.% Operating Income (Loss) Ps. million 3,036 4,074 (435) (25) 798 6,031 (126) 4,891 U.S. $ million 176 234 (24) (25) 846 349 (8) 4,411 TABLE 9 | COMPARABLE EBITDA 3Q26 2Q26 3Q25 QoQ% YoY% YTD26 YTD25 Ch.% Reported EBITDA Ps. million 4,068 5,050 1,321 (19) 208 10,713 3,964 170 U.S. $ million 236 290 71 (19) 233 617 203 204 Adjustments* Ps. million (534) (953) 314 44 (270) (1,750) 436 (501) U.S. $ million (31) (55) 17 43 (284) (101) 23 (536) Comparable EBITDA Ps. million 3,534 4,097 1,635 (14) 116 8,963 4,401 104 U.S. $ million 205 235 88 (13) 134 516 226 128 *Inventory adjustments and non-operating, one-time (gains) losses
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3Q26 RESULTS 15 PLASTICS & CHEMICALS TABLE 10 | REVENUES 3Q26 2Q26 3Q25 QoQ% YoY% YTD26 YTD25 Ch.% Total Revenues Ps. million 7,183 7,270 6,120 (1) 17 20,216 19,932 1 U.S. $ million 416 418 328 - 27 1,162 1,018 14 Domestic Revenues Ps. million 4,116 4,097 3,473 - 19 11,512 11,512 - U.S. $ million 239 235 186 1 28 662 588 13 Foreign Revenues Ps. million 3,067 3,173 2,647 (3) 16 8,703 8,420 3 U.S. $ million 178 182 142 (2) 25 500 430 16 Foreign / Total (%) 43 44 43 43 42 TABLE 11 | OP. INCOME (LOSS) 3Q26 2Q26 3Q25 QoQ% YoY% YTD26 YTD25 Ch.% Operating Income (Loss) Ps. million 794 2,259 567 (65) 40 3,849 1,990 93 U.S. $ million 46 130 30 (64) 51 221 101 118 TABLE 12 | COMPARABLE EBITDA 3Q26 2Q26 3Q25 QoQ% YoY% YTD26 YTD25 Ch.% Reported EBITDA Ps. million 1,011 1,920 793 (47) 28 3,949 2,692 47 U.S. $ million 59 110 43 (47) 38 227 137 65 Adjustments* Ps. million 58 (271) 81 121 (28) (184) 307 (160) U.S. $ million 3 (15) 4 122 (25) (11) 16 (169) Comparable EBITDA Ps. million 1,069 1,649 874 (35) 22 3,765 2,999 26 U.S. $ million 62 95 47 (35) 32 216 153 41 *Inventory adjustments and non-operating, one-time (gains) losses
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3Q26 RESULTS 16 APPENDIX B – FINANCIAL STATEMENTS ALPEK, S.A.B. DE C.V. and Subsidiaries CONSOLIDATED STATEMENT OF FINANCIAL POSITION (Millions of Mexican pesos) Sep-26 Jun-26 Sep-25 QoQ% YoY% ASSETS CURRENT ASSETS: Cash and cash equivalents 7,625 8,450 7,160 (10) 6 Restricted cash 39 34 25 17 59 Trade accounts receivable 18,038 16,895 11,616 7 55 Other accounts and notes receivable 4,433 4,015 4,480 10 (1) Inventories 25,455 26,894 25,152 (5) 1 Other current assets 1,921 1,391 1,823 38 5 Total current assets 57,511 57,679 50,256 - 14 NON-CURRENT ASSETS: Investment in associates and others 396 114 111 246 257 Property, plant and equipment, net 38,677 37,929 41,502 2 (7) Goodwill and intangible assets 2,612 2,630 3,068 (1) (15) Other non-current assets 6,938 7,003 9,988 (1) (31) Total assets 106,134 105,355 104,925 1 1 LIABILITIES AND STOCKHOLDERS´ EQUITY CURRENT LIABILITIES: Debt 2,074 1,437 1,115 44 86 Suppliers 25,367 29,168 24,622 (13) 3 Other current liabilities 5,709 5,195 4,825 10 18 Total current liabilities 33,150 35,800 30,562 (7) 8 NON-CURRENT LIABILITIES: Debt (includes debt issuance cost) 33,044 32,893 36,264 - (9) Deferred income taxes 2,384 2,134 1,972 12 21 Other non-current liabilities 2,807 2,855 4,129 (2) (32) Employee benefits 718 723 884 (1) (19) Total liabilities 72,103 74,405 73,811 (3) (2) STOCKHOLDERS’ EQUITY: Controlling interest: Capital stock 5,951 5,955 6,002 - (1) Share premium 8,129 8,143 8,849 - (8) Contributed capital 14,080 14,098 14,851 - (5) Earned surplus 15,092 11,750 11,295 28 34 Total controlling interest 29,172 25,848 26,146 13 12 Non-controlling interest 4,859 5,102 4,968 (5) (2) Total stockholders’ equity 34,031 30,950 31,114 10 9 Total liabilities and stockholders’ equity 106,134 105,355 104,925 1 1
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3Q26 RESULTS 17 ALPEK, S.A.B. DE C.V. and Subsidiaries CONSOLIDATED STATEMENT OF INCOME 3Q26 2Q26 3Q25 QoQ% YoY% 2026 2025 Ch.% (millions of Mexican pesos) Revenues 37,589 37,483 31,073 - 21 104,834 98,884 6 Domestic 13,329 12,995 11,013 3 21 37,565 35,410 6 Export 24,260 24,488 20,060 (1) 21 67,269 63,474 6 Cost of sales (32,337) (30,303) (28,771) (7) (12) (89,414) (91,886) 3 Gross profit 5,252 7,180 2,302 (27) 128 15,420 6,998 120 Operating expenses and others (1,296) (760) (2,126) (71) 39 (5,103) (4,982) (2) Operating income (loss) 3,956 6,420 176 (38) 2,154 10,317 2,016 412 Financial result, net (890) (476) (704) (87) (26) (2,038) (1,570) (30) Income (Loss) before taxes 3,066 5,944 (528) (48) 680 8,279 446 1,758 Income taxes (466) (1,303) (145) 64 (224) (1,954) (1,234) (58) Consolidated net income (loss) 2,600 4,641 (673) (44) 486 6,325 (788) 903 Income (loss) attributable to Controlling interest 2,421 4,143 (807) (42) 400 5,446 (1,209) 550 Income (loss) attributable to Non-controlling interest 179 498 134 (64) 34 879 421 109