Earnings release
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1 July 21, 2026 SECOND QUARTER 2026 RESULTS • For the fourth consecutive quarter Consumer Products sales grew 5%. • Sales of Ps. 14.4 billion. Up 3% and an all-time high. • Ps. 450 million in quarterly cost savings. • EBITDA of Ps. 3.9 billion with a margin of 27.1%. Thirteenth consecutive quarter within or above our range. • Net income of Ps. 2. 0 billion in 2Q26 (+9% YoY). EPS of Ps. 0.68 for the quarter (+10% YoY). • Disciplined capital allocation: Ps. 1.7 billion in Capex, Ps. 6.3 billion in dividends and 40 million shares repurchased , equal to 1.3% of outstanding shares during the last twelve months. • Solid balance sheet with Ps. 19.6 billion in cash, Net Debt/EBITDA at 0.9x, and all debt denominated in Mexican pesos. QUARTERLY FINANCIAL RESULTS Prepared in accordance with International Financial Reporting Standards (IFRS) Million pesos 2Q’26 2Q’25 CHANGE NET SALES $14,448 $14,070 3% GROSS PROFIT 6,016 5,376 12% OPERATING PROFIT 3,419 3,046 12% NET INCOME 2,034 1,866 9% EARNINGS PER SHARE (Pesos) 0.68 0.62 10% EBITDA 3,912 3,569 10%
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2 Profitable growth driven by Consumer Products. Margin expansion despite mixed market conditions Second‑quarter net sales increased 3% to Ps. 14.4 billion. Consumer Products grew 5%, reflecting the continued health of our brands and solid market shares. Away from Home declined 5% and Export sales decreased 11% (with 11% sequential growth). Gross profit increased 12% with a 4 1.6% margin , up 340 bps vs 2Q25 and 60 bps sequentially. Against las t year, fluff and fibers were favorable, while resins and SAM were higher, reflecting the g eopolitical conditions. FX level was 11% lower than last year. Our cost‑reduction program delivered approximately Ps. 450 million in savings during the quarter, demonstrating the structural benefits of our productivity initiatives and reflecting ongoing actions across procurement, product design, manufacturing and logistics. Operating profit increased 12% with a margin of 2 3.7%, up 200 bps vs 2Q25 and 50 bps sequentially and EBITDA grew 10% to Ps. 3.9 billion, resulting in a 27.1% EBITDA margin, above our long-term range, up 170 bps vs 2Q25 and 40 bps sequentially. Financing costs were Ps. 417 million, higher than the Ps. 352 million recorded in 2Q25. Net interest expense was higher since we have more debt. Foreign exchange resulted in a Ps. 15 million gain, compared to a Ps. 21 million gain last year. Net income increased 9% to Ps. 2.0 billion, and earnings per share were Ps. 0.68, up 10%, reflecting the reduction in shares outstanding. In U.S. GAAP and dollars, net sales increased 16%, operating profit 26%, and net income 22%. Balanced capital allocation drives shareholder returns, while preserving financial strength During the last twelve months, we invested Ps. 1.7 billion in Capex and paid Ps. 6.3 billion in dividends. We also repurchased 4 0 million shares for Ps. 1.5 billion, equivalent to 1. 3% of outstanding shares. As of June 30, the company maintains a very strong financial position: Ps. 19.6 billion in cash, total net debt of Ps. 13.3 billion, and a Net Debt/EBITDA ratio of 0.9x. All our debt remains denominated in Mexican pesos. Share Buyback Program Year to Date 2026 2025 SHARES REPURCHASED 14,679,849 17,193,417
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3 YTD FINANCIAL RESULTS Prepared in accordance with International Financial Reporting Standards (IFRS) Million pesos 6M’26 6M’25 CHANGE NET SALES $28,779 $27,904 3% GROSS PROFIT 11,888 10,659 12% OPERATING PROFIT 6,748 6,022 12% NET INCOME 4,060 3,705 10% EARNINGS PER SHARE (Pesos) 1.35 1.22 11% EBITDA 7,735 7,039 10% FINANCIAL POSITION Million Pesos As of June 2026 2025 Assets Cash and cash equivalents $ 19,582 $ 10,954 Trade and other receivables 9,975 9,066 Inventories 4,205 4,533 Property, plant and equipment 19,145 19,017 Right of use assets 953 1,051 Deferred taxes 776 761 Intangible assets and others 2,269 2,396 Total $ 56,905 $ 47,778 Liabilities and equity Current portion of long term debt $ - - $ 1,500 Current lease liabilities 238 333 Current derivative financial instruments - 2 Trade payables 8,911 9,138 Employee benefits 1,360 1,150 Dividends payable 5,002 4,705 Provisions 3,505 3,212 Current income tax payable 785 514 Long term debt 28,679 19,327 Non-current lease liabilities 772 804 Non-current derivative financial instruments 3,161 2,455 Other liabilities 500 457 Equity 3,992 4,181 Total $ 56,905 $ 47,778
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4 CASH FLOW Million pesos Six months ended June 2026 2025 Profit before tax $5,892 $5,376 Depreciation and amortization 986 1,017 Other 857 646 Cash used in operations (2,355) (3,457) Net cash flow from operating activities 5,380 3,582 Capital expenditures and others (391) (586) Repurchase of shares (576) (565) Debt issued 10,000 - Payment of debt (1,500) (3,730) Payments of lease liabilities (181) (190) Dividends (1,650) (1,552) Interest and other (1,054) (1,093) Net increase (decrease) in cash 10,028 (4,134) Effect of exchange rate changes on cash (106) (494) Cash and equivalents at the beginning of period 9,660 15,582 Cash and equivalents at the end of period 19,582 10,954 Conference Call Information The 2Q26 earnings conference call will be held on Wednesday, July 22, 2026, at 10:30 a.m. Eastern Time (9:30 a.m. Central Time / 8:30 a.m. Mexico City Time). To participate, please dial: • US: (833) 309‑3473 • International: +1 (785) 838‑9251 • Conference ID: 53861 A replay will be available through July 29, 2026 at: • US: (800) 839‑5103 • International: +1 (402) 220‑2687 About Kimberly‑Clark de México Kimberly‑Clark de México is a leading Mexican manufacturer and marketer of personal, family, and institutional care products. Our portfolio includes well ‑known brands such as Huggies, Kleen ‑Bebé, Kleenex, Cottonelle, Pétalo, Depend, Kotex, Evenflo, and Escudo. We hold leading positions across most of our categories and remain focused on delivering quality, innovation, and long‑term value for consumers and shareholders. Contact Salvador Escoto Lizeth Perez +52 (55) 5282-7204 +52 (55) 5282-7209 salvador.escoto@kcc.com lizeth.perez@kcc.com