Earnings release
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pág. 1 www.carso.com.mx www.carso.com.mx Mexico City, October 26, 2026, Grupo Carso S.A.B. de C.V. (“The Group”, “Grupo Carso”, “Carso” BMV: GCARSO) announces today its results for the third quarter of 2026. RELEVANT COMMENTS o On August 31, 2026, Fortaleza Materiales, S.A.P.I. de C.V. completed the sale of its subsidiary Desarrollos Industriales DIR El Salvador , S.A. de C.V. to CMD HOLDINGS, S.A. The transaction included a 65% interest in Proyectos Mesoamérica, S.A. de C.V. (Cementos Fortaleza El Salvador) and was completed at an enterprise value of US$75 million, subject to customary adjustments for transactions of this nature. HIGHLIGHTS o Grupo Carso’s sales totaled Ps. 47,627 million in the quarter, up 4.6% from 3Q25 despite the impact of the peso appreciation. Most divisions posted growth, led by Zamajal and Condumex. o Quarterly operating income amounted to Ps. 4,839 million, compared with Ps. 3,199 million in the same period of 2025. The favorable performance was mainly driven by Elementia, Condumex and Zamajal. o Grupo Carso’s EBITDA totaled Ps. 6,821 million in 3Q26, compared with Ps. 5,615 million in 3Q25. The positive year -over-year change was mainly driven by Elementia, Condumex and Zamajal. o Comprehensive financing result recorded a cost of Ps. 464 million , compared with a cost of Ps. 1,916 million in the same quarter of the prior year, representing a 75.8% improvement. o Net income attributable to the controlling interest reached Ps. 2,558 million in 3Q26, compared with Ps. 651 million in 3Q25, reflecting strong operating performance and the sale of the cement operations in Central America. As of September 30, 2026, total debt amounted to Ps. 46,319 million and net debt to Ps. 21,788 million. The net debt-to-LTM EBITDA ratio stood at 0.84x. NET INCOME $2,558 M EBITDA $6,821 M SALES $47,627 M OP. INCOME $4,839 M Third Quarter 2026 Results
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page 2 3Q26 TT12 www.carso.com.mx The most significant associate companies for G rupo Carso include: GMéxico Transportes (15.2%), Inmuebles SROM (15.0%), Trans Pecos Pipeline (51.0%), and Comanche Trail Pipeline (51.0%). The book or market valuation, as applicable, amounted to Ps. 21,620 million. Grupo Carso recognizes its share of results from associates or dividend income in the consolidated income statement. ASSOCIATED COMPANIES $21,620 M
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page 3 3Q26 TT12 www.carso.com.mx SUMMARY Figures in millions of Mexican pesos (Ps. million) Consolidated Results 3Q26 3Q25 Var% 9M26 9M25 Var% Sales 47,627 45,532 4.6% 139,929 136,759 2.3% Operating Income 4,839 3,199 51.3% 12,906 12,927 -0.2% Controlling Net Income 2,558 651 293.2% 7,046 4,961 42.0% EBITDA 6,821 5,615 21.5% 18,864 19,582 -3.7% Operating Margin 10.2% 7.0% 9.2% 9.5% EBITDA Margin 14.3% 12.3% 13.5% 14.3% CONTRIBUTION TO CONSOLIDATED RESULTS BY SEGMENT 3Q26 Sales Contribution 3Q26 Operating Income Contribution S anborns, 33.7% Condumex, 31.3% CICS A, 15.6% E lementia, 13.1% E nergy, 1.5% Z amajal, 6.3% Other & E lim., -1.5% 528 1,107 259 1,772 520 736 -83
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page 4 3Q26 TT12 www.carso.com.mx FINANCIAL RESULTS Figures in millions of Mexican pesos (Ps. million) Financial Results 3Q26 3Q25 Var% 9M26 9M25 Var% Interest Expense -918.2 -1,266.2 -27.5% -2,678.3 -3,806.5 -29.6% Income (Loss) on derivatives net 0.0 1.7 -100.0% -2.6 1.7 -250.8% Interest Income 572.7 139.0 312.0% 1,409.1 1,063.9 32.4% Interest (net) -345.5 -1,125.5 -69.3% -1,271.9 -2,740.9 -53.6% ForEx Results -118.8 -790.4 -85.0% -585.8 -2,103.8 -72.2% CFR -464.3 -1,915.9 -75.8% -1,857.6 -4,844.7 -61.7% Income taxes 1,744.2 582.1 199.7% 3,288.2 2,046.0 60.7% Earnings from non-consolidated companies 758.5 299.2 153.5% 1,731.4 1,030.5 68.0% Non-controlling participation in Net Income 860.0 342.0 151.5% 2,294.1 2,433.5 -5.7% INTEREST-BEARING DEBT Total Debt by CURRENCY Total Debt by MATURITY MXN, 50% USD, 50% Short Term Debt, 26% Long Term Debt, 74% LTM EBITDA/Interest Paid Net Debt (Ps. million) 5.8 7.4 4Q25 3Q26 13,210 21,788 4Q25 3Q26
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page 5 3Q26 TT12 www.carso.com.mx ASSOCIATED COMPANIES Grupo Carso maintains significant investments in companies across different segments, as shown in the following table, where the values are presented in proportion to our ownership interest: 3Q26 Holding Stockholders Associated Companies % Division Equity Sales Op. Income EBITDA GMéxico Transportes, S.A. de C.V. (GMéxico) 15.24% GCarso 8,112.3 6,765.0 1,808.0 2,774.1 Construction projets Consortia - CICSA -89.9 0.0 -0.2 -0.2 Trans-Pecos Pipeline, LLC (Gasoducto Waha-Presidio) 51.00% Carso Energy 4,631.0 580.1 532.1 532.1 Comanche Trail Pipeline, LLC (Gasoducto Waha-San Elizario) 51.00% Carso Energy 3,535.3 464.8 410.4 410.4 Inmuebles SROM, S.A. de C.V. 15.00% Grupo Sanborns 2,582.6 155.0 114.1 56.7 Subtotal 18,771.3 7,964.9 2,864.4 3,773.1 Others investments in associated companies 2,308.0 Total Investments in joint ventures and associates 21,079.3 Fair Companies at market value Value Others 540.2 Total Equity Investments 21,619.5 Part. in Results (MM MXN)
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page 6 3Q26 TT12 www.carso.com.mx RESULTS BY SEGMENT COMMERCIAL Figures in millions of Mexican pesos (Ps. million) Consolidated Results 3Q26 3Q25 Var% 9M26 9M25 Var % Sales 16,068 15,850 1.4% 50,636 48,464 4.5% Operating Income 528 443 19.1% 1,671 1,688 -1.0% Controlling Net Income 401 369 8.5% 1,333 1,358 -1.8% EBITDA 1,109 988 12.3% 3,372 3,339 1.0% Operating Margin 3.3% 2.8% 3.3% 3.5% EBITDA Margin 6.9% 6.2% 6.7% 6.9% Grupo Sanborns revenue increased 1.4% in 3Q26 to Ps. 16,068 million, compared with Ps. 15,850 million in 3Q25. Grupo Sanborns’ operating income increased 19.1% to Ps. 528 million in 3Q26, compared with Ps. 443 million in the same period of the prior year. Quarterly EBITDA rose 12.3% to Ps. 1,109 million in 3Q26, from Ps. 988 million in 3Q25. Net income attributable to the controlling interest increased 8.5% to Ps. 401 million in 3Q26, compared with Ps. 369 million in 3Q25. In addition, cash and cash equivalents increased by Ps. 2,086 million , or 38%, versus 3Q25, while liabilities decreased by Ps. 4,282 million, or 17.6%, compared with the December 2025 balance. Finally, inventories decreased by Ps. 225 million , or 1.4%, from Ps. 15,806 million in 3Q25 to Ps. 15,582 million in 3Q26. Contribution to Consolidated Results 34% SALES 11% OP. INCOME 16% EBITDA
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page 7 3Q26 TT12 www.carso.com.mx INDUSTRIAL Figures in millions of Mexican pesos (Ps. million) Consolidated Results 3Q26 3Q25 Var% 9M26 9M25 Var% Sales 14,896 13,260 12.3% 40,279 39,484 2.0% Operating Income 1,107 967 14.5% 3,415 3,524 -3.1% Controlling Net Income 1,400 770 81.8% 3,898 3,890 0.2% EBITDA 1,269 1,201 5.7% 3,877 4,043 -4.1% Operating Margin 7.4% 7.3% 8.5% 8.9% EBITDA Margin 8.5% 9.1% 9.6% 10.2% Despite the stronger peso, Condumex sales increased 12.3% in 3Q26 to Ps. 14,896 million , compared with Ps. 13,260 million in the same quarter of the prior year. Growth was mainly driven by higher cable division sales, which posted a 27.9% year-over-year increase, as well as by higher exports. Operating income and EBITDA improved significantly during the third quarter. Operating income reached Ps. 1,107 million and EBITDA Ps. 1,269 million , compared with Ps. 967 million and Ps. 1,201 million, respectively, representing increases of 14.5% and 5.7%. Net income attributable to the controlling interest amounted to Ps. 1,400 million, compared with Ps. 770 million in the same period of the prior year. Contribution to Consolidated Results 31% SALES 23% OP. INCOME 19% EBITDA
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page 8 3Q26 TT12 www.carso.com.mx Contribution to Consolidated Results 16% SALES 5% OP. INCOME 7% EBITDA INFRASTRUCTURE AND CONSTRUCTION Figures in millions of Mexican pesos (Ps. million) Consolidated Results 3Q26 3Q25 Var% 9M26 9M25 Var % Sales 7,436 7,042 5.6% 20,866 21,490 -2.9% Operating Income 259 49 432.6% 607 940 -35.4% Controlling Net Income 224 -629 NC 280 -852 NC EBITDA 490 282 73.8% 1,309 1,630 -19.7% Operating Margin 3.5% 0.7% 2.9% 4.4% EBITDA Margin 6.6% 4.0% 6.3% 7.6% NC: Not comparable Carso Infraestructura y Construcción sales totaled Ps. 7,436 million in the third quarter, up 5.6% from the same period of the prior year. Infrastructure division sales increased 81% versus 3Q25, driven by the start of construction of the Saltillo–Santa Catarina Train. Pipeline division sales also increased 8% compared with the same quarter of the prior year. Operating income and EBITDA reached Ps. 259 million and Ps. 490 million, respectively, posting significant increases compared with the same period of 2025. Net income increased by Ps. 853 million versus 3Q25 to Ps. 224 million, compared with a net loss of Ps. 629 million in the prior year. In addition, the lease of the jack-up rig commenced during the quarter for a term exceeding one year. Lastly, backlog totaled Ps. 36,909 million as of September 2026, compared with Ps. 42,741 million in 3Q25, excluding the Ixachi Project from the latter period for comparability purposes.
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page 9 3Q26 TT12 www.carso.com.mx Contribution to Consolidated Results 13% SALES 37% OP. INCOME 31% EBITDA MATERIALS Figures in millions of Mexican pesos (Ps. million) Consolidated Results 3Q26 3Q25 Var% 9M26 9M25 Var % Sales 6,238 7,640 -18.4% 19,210 22,915 -16.2% Operating Income 1,772 1,067 66.0% 5,001 5,502 -9.1% Controlling Net Income 1,303 465 180.3% 3,259 3,671 -11.2% EBITDA 2,124 1,522 39.6% 6,107 6,873 -11.1% Operating Margin 28.4% 14.0% 26.0% 24.0% EBITDA Margin 34.1% 19.9% 31.8% 30.0% Elementia recorded sales of Ps. 6,238 million in 3Q26, compared with Ps. 7,640 million in 3Q25. The decrease was mainly attributable to the divestment of the El Salvador cement business, lower activity in the U.S. market and the translation effect associated with the stronger peso, as a significant portion of the segment’s revenue is generated outside Mexico. Despite the revenue decrease, operating income totaled Ps. 1,772 million, compared with Ps. 1,067 million in the same period of the prior year. EBITDA reached Ps. 2,124 million, an increase of Ps. 602 million versus 3Q25. These results represented 37% and 31% of the Group’s consolidated operating income and EBITDA, respectively. Net income attributable to the controlling interest at Elementia/Fortaleza increased 180.3% to Ps. 1,303 million, compared with Ps. 465 million in 3Q25.
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page 10 3Q26 TT12 www.carso.com.mx Contribution to Consolidated Results 1% SALES 11% OP. INCOME 9% EBITDA ENERGY Figures in millions of Mexican pesos (Ps. million) Consolidated Results 3Q26 3Q25 Var% 9M26 9M25 Var% Sales 709 876 -19.1% 2,133 2,518 -15.3% Operating Income 520 654 -20.5% 1,503 1,880 -20.1% Controlling Net Income 459 361 27.1% 1,294 1,265 2.3% EBITDA 613 768 -20.2% 1,781 2,206 -19.3% Operating Margin 73.4% 74.7% 70.5% 74.7% EBITDA Margin 86.5% 87.7% 83.5% 87.6% Carso Energy recorded revenue of Ps. 709 million in 3Q26, down 19.1% from the same quarter of the prior year. As 100% of the division’s revenue is in U.S. dollars, foreign exchange fluctuations affected reported revenue : the average exchange rate for the quarter decreased 7.5%, from Ps. 18.64 per US dollar in 3Q25 to Ps. 17.25 per US dollar in 3Q26. In addition, power sales in Panama continued to be affected by lower water inflows associated with El Niño, an effect expected to continue during part of the coming year. Operating income and EBITDA at Carso Energy totaled Ps. 520 million and Ps. 613 million, respectively, both down 20.5%. The segment contributed 9% of consolidated EBITDA. Carso Energy’s net income attributable to the controlling interest amounted to Ps. 459 million in the third quarter of 2026, compared with Ps. 361 million in the same period of the prior year. Construction of the 76.4-km Centauro del Norte Pipeline, Section I, is ongoing. Together with Section II, the pipeline will have an approximate total length of 425 km and is covered by a natural gas transportation services agreement with CFE as the anchor shipper.
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page 11 3Q26 TT12 www.carso.com.mx Contribution to Consolidated Results 6% SALES 15% OP. INCOME 15% EBITDA OIL & GAS Grupo Carso participates in the oil and gas sector through Zamajal, S.A. de C.V. (“Zamajal”), an 80%-owned subsidiary. Zamajal currently participates in five projects in Mexico. The oil and gas segment reported the following results during the initial stages of production. Figures in millions of Mexican pesos (Ps. million) Consolidated Results 3Q26 3Q25 Var% 9M26 9M25 Var % Sales 2,984 546 446.7% 9,064 1,592 469.4% Operating Income 736 -439 NC 939 -1,114 NC Controlling Net Income 119 -307 NC 648 -768 NC EBITDA 1,033 59 1651.3% 1,895 39 4793.5% Operating Margin 24.7% -80.4% 10.4% -70.0% EBITDA Margin 34.6% 10.8% 20.9% 2.4% NC: Not comparable Financial results In 3Q26, Zamajal’s sales totaled Ps. 2,984 million, up 446.7% from Ps. 546 million in 3Q25. For the first nine months of the year (9M26), sales reached Ps. 9,064 million, compared with Ps. 1,592 million in 9M25. The periods are not directly comparable because, on September 29, 2025, a Developed and Financed Well Drilling Services Agreement was executed with Pemex for the Ixachi field. Quarterly operating income totaled Ps. 736 million, with an operating margin of 24.7%, compared with an operating loss of Ps. 439 million in 3Q25. EBITDA reached Ps. 1,033 million, representing an EBITDA margin of 34.6%, compared with Ps. 59 million in the same period of the prior year, and accounted for 15% of Grupo Carso’s consolidated EBITDA. Net income attributable to the controlling interest amounted to Ps. 119 million, compared with a net loss of Ps. 307 million in 3Q25.
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page 12 3Q26 TT12 www.carso.com.mx Project portfolio Project Location Ownership Structure Stage Ichalkil and Pokoch (Block 4) Campeche, shallow waters Zamajal 50% (100% upon closing of the Fieldwood Energy acquisition) Production Sharing Contract (PSC): Royalties payable to the government (7.5% minimum); cost recovery limited to 60% of revenue; remaining profit distributed 74% to the government and 26% to the private participating interest. Pemex receives a marketing and logistics margin. Production. Ixachi Veracruz, onshore PEMEX field. Services agreement with PEMEX for the drilling of 16 to 32 wells. Payment in 21 monthly installments following well delivery, beginning in January 2027. Well drilling and delivery. Macavil Tabasco, onshore Pemex & Zamajal Mixed Contract with Pemex: Petroleum entitlement (11.63% minimum); cost recovery limited to 30% of revenues; remaining cash flow distributed 60% to the participant and 40% to Pemex. Authorization process for execution of the development plan. Zama (Block 7) Tabasco, offshore PEMEX 50.4%, Harbour Energy 27.3%, Zamajal 17.8% and Talos Energy 4.5% PSC: Royalties payable to the government (7.5% minimum); cost recovery limited to 60% of revenues; remaining profit distributed 69% to the government and 31% to the private participating interest. Execution of the development plan, engineering and critical equipment procurement. Kan (Block 30) Tabasco, shallow waters Harbour Energy 70% and Zamajal 30% (formalization pending). PSC: Royalties payable to the government (7.5% minimum); cost recovery limited to 60% of revenues; remaining profit distributed 65% to the government and 35% to the private participating interest. Development planning. Ichalkil and Pokoch (Block 4) Oil and gas fields located in shallow waters approximately 80 km off the coast of Campeche, with water depths ranging from 30 to 45 meters and wells approximately 6,000 meters deep. Zamajal holds a 50% interest in the Block; the remaining 50% is held by Fieldwood Energy, a subsidiary of Lukoil International. On January 17, 2026, Zamajal entered into a purchase agreement with Lukoil International to acquire 100% of Fieldwood Energy. Upon closing, Zamajal will hold a 100% interest in Block 4. Closing remains subject to authorization from the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC), which is currently pending. The required approvals from the relevant Mexican authorities (Ministry of Energy and National Antitrust Commission) have already been obtained. During 3Q26, under the general license issued by OFAC to allow continued field operations, activities aimed at increasing production resumed. Two jack-up rigs are currently operating on a continuous basis to repair and bring wells online. At the end of Sep tember, two wells (one at Ichalkil and one at Pokoch ) were returned to production, resulting in a significant increase in production to approximately 15,000 barrels per day (bpd). The rigs are currently working on two additional wells.
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page 13 3Q26 TT12 www.carso.com.mx Installed infrastructure can support up to nine producing wells, six of which are currently in production, including the two wells brought back online in September. Drilling and repair work will continue until all nine wells are operational. Zamajal is also pursuing the acquisition of one or two offshore platforms to increase the number of wells available for drilling. Ixachi A PEMEX onshore field located in the state of Veracruz, with wells approximately 7,000 meters deep; it is one of Mexico’s highest-producing oil and gas fields. On September 29, 2025, a Developed and Financed Well Drilling Services Agreement was executed with PEMEX for the drilling of between 16 and 32 wells in the field. Execution is supported by five 3,000 -horsepower drilling rigs operating 24 hours a day. To date, eight wells have been delivered into production under the agreement, and between 10-12 wells are expected to be delivered by year-end 2026. Macavil An onshore gas and condensate field located in the state of Tabasco, with planned wells approximately 6,000 meters deep. Zamajal participates in the field through a Mixed Contract executed with PEMEX on January 30, 2026, under which Zamajal holds 100% of t he private participating interest; profits are allocated 60% to Zamajal and 40% to PEMEX. Zamajal is responsible for funding the entire investment in the field at its own risk. The project is currently undergoing authorization for execution of a development plan that includes drilling approximately six wells, constructing a 20-inch-diameter, 40.5-km oil and gas pipeline, and building a separation and metering station. Zama (Block 7) A field located 70 km off the coast of Tabasco, with a water depth of approximately 180 meters and wells approximately 3,200 meters deep. Ownership in the field is distributed as follows: PEMEX 50.4%, Harbour Energy 27.3%, Zamajal 17.8% and Talos Energy 4.5%. The project is in the development, engineering and critical equipment procurement stage. The development plan comprises several phases designed to accelerate the first stage of production, which could reach up to 60,000 barrels per day. Kan (Block 30) A shallow-water field located 30 km off the coast of Tabasco, with a water depth of approximately 50 meters and wells approximately 3,000 meters deep. On July 15, 2026, Zamajal entered into a purchase agreement with TotalEnergies to acquire its 30% interes t in the Block. Harbour Energy retains the remaining 70% interest and is the operator. Closing is subject to obtaining the applicable governmental authorizations in Mexico. The field is currently in the development planning stage.
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page 14 3Q26 TT12 www.carso.com.mx Note: Contribution percentages to consolidated results may not add to 100% due to intercompany eliminations and other consolidation effects. INVESTOR RELATIONS CONTACT: inversionistas@gcarso.com.mx T. +52 (55) 5249-8900 ext 5815 Arturo Spínola García Rafael Rogelio Barradas Servín Chief Financial Officer Investor Relations EARNINGS WEBINAR: Date: Tuesday, October 27, 2026 Time: 10:00-10:30 A.M. Mexico City Time / 12:00-12:30 P.M. NY Time (US EDT) Registration Link: https://events.teams.microsoft.com/event/dbbc32a7-3088-41ea-809d- 46502f6196eb@3403678f-c88d-4e90-a790- 18fb4deef85d?source=copyLinkLegacyShareEventDialog
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page 15 3Q26 TT12 www.carso.com.mx ADDITIONAL TABLES: Figures in millions of Mexican Pesos (Ps. million) 3Q26 3Q25 Var % GRUPO CARSO Revenues 47,626.9 100.0% 45,532.1 100.0% 4.6% Operating Income 4,839.4 10.2% 3,198.8 7.0% 51.3% Financial Results -464.3 -1.0% -1,915.9 -4.2% NC Controlling Net Income 2,558.3 5.4% 650.7 1.4% 293.2% EBITDA 6,821.1 14.3% 5,614.6 12.3% 21.5% GRUPO SANBORNS Sales 16,068.4 100.0% 15,849.7 100.0% 1.4% Operating Income 528.1 3.3% 443.4 2.8% 19.1% Controlling Net Income 400.8 2.5% 369.3 2.3% 8.5% EBITDA 1,109.4 6.9% 987.8 6.2% 12.3% GRUPO CONDUMEX Sales 14,896.5 100.0% 13,260.2 100.0% 12.3% Operating Income 1,107.1 7.4% 966.9 7.3% 14.5% Controlling Net Income 1,399.9 9.4% 770.0 5.8% 81.8% EBITDA 1,269.1 8.5% 1,200.7 9.1% 5.7% CICSA Sales 7,435.5 100.0% 7,042.2 100.0% 5.6% Operating Income 259.2 3.5% 48.7 0.7% 432.6% Controlling Net Income 223.9 3.0% -628.5 -8.9% NC EBITDA 490.4 6.6% 282.1 4.0% 73.8% ELEMENTIA Sales 6,237.7 100.0% 7,640.2 100.0% -18.4% Operating Income 1,772.3 28.4% 1,067.4 14.0% 66.0% Controlling Net Income 1,302.7 20.9% 464.8 6.1% 180.3% EBITDA 2,124.4 34.1% 1,522.1 19.9% 39.6% CARSO ENERGY Sales 708.7 100.0% 876.0 100.0% -19.1% Operating Income 520.1 73.4% 654.3 74.7% -20.5% Controlling Net Income 458.8 64.7% 360.9 41.2% 27.1% EBITDA 613.1 86.5% 768.2 87.7% -20.2% ZAMAJAL Sales 2,984.3 100.0% 545.9 100.0% 446.7% Operating Income 736.1 24.7% -439.0 -80.4% NC Controlling Net Income 119.0 4.0% -307.0 -56.2% NC EBITDA 1,033.1 34.6% 59.0 10.8% 1651.3% NC=Not Comparable Consolidated Financial Income Data
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page 16 3Q26 TT12 www.carso.com.mx Consolidated Balance Sheet Data Figures in millions of Mexican Pesos (Ps. million) 3Q26 4Q25 Var % GRUPO CARSO Cash & Equivalents 24,530.7 23,596.7 4.0% Current Trade Receivables 54,192.9 42,514.2 27.5% Receivables from Related Parties 3,604.3 2,846.7 26.6% Current Prepayments 4,867.2 2,890.9 68.4% Receivables from Taxes Other Than Income Taxes 6,911.5 5,341.4 29.4% Other Current Receivables 1,608.0 2,431.8 -33.9% Recoverable Taxes 1,253.0 1,307.3 -4.2% Inventories 29,664.0 29,326.7 1.2% Held-for-Sale Assets 557.0 557.1 0.0% Current Assets 127,188.6 110,812.8 14.8% Other Non-Current Trade Receivables 14,551.2 14,379.5 1.2% Non-Current Inventories 971.3 971.3 0.0% Other Non-Current Financial Assets 0.0 6.5 -100.0% Investments in Subsidiaries, JVs and Associates 21,619.5 38,338.0 -43.6% Property, Plant and Equipment 72,673.6 71,532.2 1.6% Investment Properties 7,895.3 7,886.7 0.1% Right-of-use- Assets Not Investment Property 4,778.6 4,995.6 -4.3% Goodwill 7,657.0 5,567.2 37.5% Intangible Assets Other than Goodwill 1,344.4 2,096.1 -35.9% Deferred Tax Assets 7,191.6 7,797.7 -7.8% Other non-current non-financial assets 2,746.7 2,481.0 10.7% Non-Current Assets 141,429.4 156,051.9 -9.4% Total Assets 268,618.0 266,864.6 0.7% Trade and Other Short-Term Payables 30,749.2 30,333.6 1.4% Current Tax Liabilities 984.2 1,050.6 -6.3% Short-Term Debt 7,656.3 8,560.3 -10.6% Short-Term Debt Securities 4,500.0 6,700.0 -32.8% Other Short-Term Interest-Bearing Debt 64.9 132.8 -51.1% Other Current Financial Liabilities 11.8 0.4 2535.4% Current Lease Liabilities 1,741.4 1,796.5 -3.1% Other Non-Financial Liabilities Short-Term 2,587.0 2,819.0 -8.2% Total Current Provisions 13,724.9 10,940.2 25.5% Liabilities Associated with Held-for-Sale Assets 0.0 0.0 NC Current Liabilities 62,019.9 62,333.5 -0.5% Long-Term Taxes Payable 128.8 204.6 -37.0% Long-Term Bank Loans 20,097.3 11,413.9 76.1% Long-Term Debt Securities 14,000.0 10,000.0 40.0% Other Non-Current Financial Liabilities 0.0 0.0 NC Long-Term Lease Liabilities 3,932.4 4,106.9 -4.2% Long-Term Provisions 606.7 885.7 -31.5% Deferred Tax Liabilities 6,370.9 10,933.1 -41.7% Non-Current Liabilities 45,136.2 37,544.2 20.2% Total Liabilities 107,156.0 99,877.7 7.3% Total Equity 161,462.0 166,987.0 -3.3% Shares Outstanding (´000) 2,252,217 2,253,534 -0.1% Closing Stock Price 137.7 117.9 16.7% NC= Not Comparable