PEMEX Q2 2026 Earnings Presentation

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Forward-Looking Statement & Cautionary Note Variations Cumulative or year-on-year variations are calculated by comparison with the corresponding period of the prior year, unless otherwise specified. Rounding As a result of rounding, certain totals may not add up precisely to the sum of the figures presented. Financial Information Except for budgetary and volumetric information, the financial information included in this report and the related appendices is based on the consolidated financial statements prepared in accordance with International Financial Reporting Standards (“IFRS”), which PEMEX adopted as of January 1, 2012. For further information regarding the adoption of IFRS, please refer to Note 23 to the consolidated financial statements included in the 2012 Annual Report filed with the Comisión Nacional Bancaria y de Valores (“CNBV”), or the 2012 Form 20-F filed with the Securities and Exchange Commission (“SEC”). EBITDA is a non-IFRS financial measure. A reconciliation of EBITDA is presented in Table 32 of the appendices to this report. Budgetary information is prepared in accordance with Government Accounting Standards and, therefore, does not include the subsidiary companies and affiliates of Petróleos Mexicanos. It is important to note that our outstanding credit agreements do not include financial covenants or events of default that could arise as a result of negative equity. Methodology The methodology used to prepare the information published herein may be modified from time to time in order to improve its quality and usefulness and/or to align it with international standards and best practices. Foreign Exchange Conversions For reference purposes, translations from pesos into dollars have been made at the prevailing closing exchange rate for the relevant period, unless otherwise indicated. Due to market volatility, differences between the average exchange rate, the closing exchange rate, the spot exchange rate or any other exchange rate could be material. Such translations should not be construed as representing that peso amounts have been or could be converted into dollars at the exchange rate used. Both our consolidated financial statements and accounting records are maintained in pesos. As of June 30, 2026, the exchange rate used for convenience translations was Ps. 17.4700 = U.S.$1.00. Fiscal Regime As of January 1, 2015, the tax regime applicable to Petróleos Mexicanos is established in the Hydrocarbons Revenue Law. On March 18, 2025, a new secondary regulatory framework was published in the Official Gazette of the Federation. Amendments and repeals to various provisions of the Hydrocarbons Revenue Law modified PEMEX’s tax regime. The Shared Profit Duty, the Hydrocarbons Extraction Duty and the Hydrocarbons Exploration Duty were repealed and replaced by the Welfare Oil Duty, which establishes a single tax rate applicable to the value of hydrocarbons extracted by assignees, thereby simplifying the tax regime. This new duty provides for a unified rate of 30% on the value of hydrocarbons extracted, without deductions, and a differentiated rate of 11.63% for non-associated natural gas. In addition, the reform exempts PEMEX from the payment of income tax as a result of its change in legal nature to a state-owned public company. The Special Tax on Production and Services (“IEPS”) applicable to automotive gasoline and diesel is established in the Special Tax on Production and Services Law. PEMEX acts as an intermediary between the Ministry of Finance and Public Credit (“SHCP”) and the final consumer by withholding the IEPS and subsequently transferring it to the Federal Government. As of January 1, 2018, retail gasoline and diesel prices are determined under market conditions. Production-sharing Pursuant to the production sharing agreements in which Petróleos Mexicanos participates as a result of its participation in bidding rounds conducted by the National Hydrocarbons Commission (“CNH”) and block migrations, PEMEX discloses only its proportional share of production for the Ek-Balam field, Block 2 Tampico-Misantla (Round 2.1), Block 8 Southern Basins (Round 2.1), Santuario, Misión, Block 16 Tampico-Misantla-Veracruz (Round 3.1), Block 17 Tampico-Misantla-Veracruz (Round 3.1), Block 18 Tampico-Misantla-Veracruz (Round 3.1), Block 29 Offshore Southern Basins (Round 3.1), Block 32 Offshore Southern Basins (Round 3.1), Block 33 Offshore Southern Basins (Round 3.1) and Block 35 Offshore Southern Basins (Round 3.1). Hydrocarbon Reserves Pursuant to the Hydrocarbons Sector Law, published in the Official Gazette of the Federation on March 18, 2025, the Ministry of Energy (“SENER”) will establish and administer an electronic information platform to collect, safeguard, manage, analyze, update and publish information and statistics relating to, among other matters, hydrocarbon reserves, including reserve estimation reports and evaluation, quantification and certification studies. On August 13, 2015, the CNH published guidelines regulating the procedure for the quantification and certification of the Nation’s reserves and the related contingent resources report. As of January 1, 2010, the SEC amended its disclosure guidelines to permit the disclosure of probable and possible reserves. However, any descriptions of probable or possible reserves contained in this document do not necessarily comply with the recovery limits set forth in the SEC’s definitions. Investors are encouraged to carefully consider the disclosures contained in the Annual Report filed with the CNBV and in PEMEX’s most recent Form 20-F filed with the SEC, both of which are available at www.pemex.com. Forward-looking Statements This document contains forward-looking statements. Forward-looking statements may be made orally or in writing in PEMEX’s periodic reports filed with the CNBV and the SEC, in statements, offering memoranda and prospectuses, in publications and other written materials, and in oral statements made by PEMEX’s directors or employees to third parties. Such forward-looking statements may include, among others, statements regarding: • exploration and production activities, including drilling; • activities relating to import, export, refining, transportation, storage and distribution of petrochemicals, petroleum, natural gas and oil products; • activities relating to our lines of business; • projected and targeted capital expenditures and other costs; • trends in international and Mexican crude oil and natural gas prices; • liquidity and sources of funding, including our ability to continue operating as a going concern; • farm-outs, joint ventures and strategic alliances with other companies; and • the monetization of certain of our assets. Actual results could differ materially from those projected in such forward-looking statements as a result of various factors that may be beyond our control. These factors include, but are not limited to: general economic and business conditions, including changes in international and Mexican crude oil and natural gas prices, refining margins and prevailing exchange rates; • credit ratings and limitations on our access to sources of financing on competitive terms; • our ability to find, acquire or gain access to additional reserves and to develop, either on our own or with our strategic partners, the reserves that we obtain successfully; • the level of financial and other support we receive from the Mexican Government; • national or international public health events, including the outbreak of pandemics or contagious disease; • the outbreak of military hostilities, including an escalation of the military conflict involving Russia and Ukraine, the conflict in the Middle East and disruptions to shipping operations in the Red Sea; • effects on us from competition, including our ability to hire and retain skilled personnel; • uncertainties inherent in making estimates of oil and gas reserves, including recently discovered oil and gas reserves; • technical difficulties; • significant developments in the global economy; • significant economic or political developments in Mexico and the United States; • developments affecting the energy sector; • changes in, or failure to comply with, our legal regime or regulatory environment, including with respect to tax, environmental regulations and corruption regulations; • receipt of governmental approvals, permits and licenses; • natural disasters, accidents, blockades and acts of sabotage or terrorism; • the cost and availability of adequate insurance coverage; and • the effectiveness of our risk management policies and procedures. Accordingly, you should not place undue reliance on these forward-looking statements. In any event, these statements speak only as of their dates, and we undertake no obligation to update or revise any of them, whether as a result of new information, future events or otherwise.

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Hydrocarbon Production Performance 4 • The Ixachi, Bakté, Itta, Koban and Maloob fields supported liquids hydrocarbon production during the quarter. • Natural gas production reached 4,006 MMcfd, driven by higher output from the Bakté and Ixachi onshore fields. 2,341 2,447 2Q25 2Q26 +4.6% Total hydrocarbons (Mboed)

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Increased Domestic Processing Strengthens Fuel Supply and Energy Resilience 43 44 2Q25 2Q26 980 1,008 2Q25 2Q26 Crude Oil Processing (Mbd) Jan-Jun 2026: 1,074 Mbd +12.3% vs. 2025 +2.9% 995 1,029 2Q25 2Q26 Petroleum products (Mbd) Jan-Jun 2026: 1,071 Mbd +12.4% vs. 2025 +3.4% 214 255 Distillates Production (Mbd) 340 350 +19.3% vs. 2025 +2.9% vs. 2025 +2.3% vs. 2025 Diesel Gasoline Jet fuel 1,339 1,471 2Q25 2Q26 Jan-Jun 2026: 1,392 Mbd +8.2% vs. 2025 +9.8% 686 290 764 345 Gasoline Diesel 2Q25 2Q26 +11.4% +19.1% Higher domestic processing strengthens fuel supply, reduces vulnerability to international disruptions, and supports energy resilience. Domestic Sales of Petroleum Products (Mbd) Domestic Sales of gasoline and diesel (Mbd) 5

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Operational Progress Driving Financial Performance Higher operational activity + commercial growth + financial discipline = PEMEX’s stronger financial performance Sales Revenue +30.3% YoY MXN 510 billion Domestic market & exports Financial Results MXN 85 billion Operating income MXN 18 billion Net income EBITDA MXN 144 billion 2Q26 MXN 262 billion 1H26 Financial Discipline1 Commitment to net zero indebtedness -9.1% debt vs 2025 1 Compared with December 31, 2025. 6

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Cooperation to evaluate projects across the value chain and exchange regulatory and industry experience. Leveraging complementary technical capabilities, particularly in exploration, complex offshore operations, and industrial processes. Promoting operational efficiency, industrial safety, best practices, and sustainability. A long-term strategic cooperation framework to identify and evaluate future opportunities. Nature of the Agreement ✓ Initial term of two years, with the option to renew. ✓ Provides a platform to explore initiatives with value creation potential for both companies. ✓ Promotes strategic cooperation and the exchange of capabilities while preserving the autonomy of both companies. ✓ Identified opportunities will advance subject to feasibility assessments to ensure sound and sustainable execution. PEMEX-PETROBRAS MOU: Building a Strategic Partnership for the Future 7

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-11.1 85.5 2T25 2T26 Financial Discipline Higher Revenue, Stronger Operating Performance and Lower Debt MXN 85.5 BILLION Operating Income 2Q26 9.1% vs. 2025 8.7% vs. 202577.7 113.2 77.5 2014 2016 2018 2020 2022 2024 Jun. 30, 2026 Operating Income Turnaround 9 Operating Income (MXN billion) + 96.6 Revenue Growth Debt Trends (USD billion) Total Debt Lower Near-Term Refinancing Pressure Net Debt 65% 64% 35% 36%392 510 2Q25 2Q26 Sales Revenue (MXN billion) Domestic Export +30.3% 2Q25 2Q26

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Income Statement 2Q26 MXN billion Impairment (Reversal) Cost of Sales Gross Income Operating Income Income before Taxes Income Taxes General Expenses Net Financial Cost Foreign Exchange Income Welfare Oil Duty Total sales Net Income 10 510 140 85 19 (384) 14 (54) (47) 49 (69) (1) 18 • Total sales increased by 30.3%. • Operating income reached MXN 85 billion. • PEMEX reported net income of MXN 18 billion for the quarter.

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EBITDA and EBITDA Margin Performance 11 1. EBITDA: Earnings Before Interest, Taxes, Depreciation and Amortization, asset impairment, unsuccessful wells, and the net periodic cost of employee benefits (net of pension and healthcare payments). Figures are presented in nominal pesos. • PEMEX delivered consistent EBITDA generation for a second consecutive quarter. • EBITDA generation continued to trend positively, supported by higher sales, stronger gross profit and expense discipline. 56 85 15 124 76 58 25 118 144 2Q24 3Q24 4Q24 1Q25 2Q25 3Q25 4Q25 1Q26 2Q26 14% 20% 3% 31% 19% 15% 7% 32% 28% 2Q24 3Q24 4Q24 1Q25 2Q25 3Q25 4Q25 1Q26 2Q26 EBITDA1 MXN billion EBITDA Margin % EBITDA / Total Sales

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Capital Discipline to Drive Production and Operational Reliability Business Unit 1H26 Exploration & Extraction 50,371 Industrial Processes2 17,186 Logistics3 4,103 Total 71,660 Environmental 5,352 Industrial Safety 5,375 71,6601 48,158 23,502 • Disciplined capital allocation prioritizing business units with the greatest operational impact. • Balance across production, operational reliability and strategic project execution. • New partnership structures expand PEMEX’s capacity to invest and grow. CAPEX MXN million 1H26 1. Includes MXN 23.5 billion in payments funded through the Investment Financing Program. 2. Includes the Energy Transformation and Commercial segments. 3. Includes Petróleos Mexicanos support areas. Note: Amounts are cash-flow based, per budget records; excludes financial and non-capitalizable investment. Environmental and industrial safety items reflect currently identifiable budget-taxonomy information, including environmental risks, critical risks, and cross-cutting climate-change initiatives. 12

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Payments to Suppliers and Contractors1 MXN billion 13 • PEMEX paid more than MXN 248 billion to suppliers and contractors during the first half of 2026. • Payments were funded through a combination of PEMEX’s own revenues and resources from the Investment Financing Program. 1. Includes Value-Added Tax (VAT). 2. Includes payments funded through the Investment Financing Program totaling MXN 191,903 million in 2025 and MXN 60,771 million in 2Q26. Note: Figures for 2017–2024 also exclude payments to subsidiaries and government entities. Figures for 2Q26 and 2025 exclude payments to subsidiaries and government entities, except SEDENA, SEMAR, and CFE. 390 188 278 278 280 279 371 445 414 404 192 61 2017 2018 2019 2020 2021 2022 2023 2024 2482 5822 2025 1H26

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14 • As of June 30, 2026, total debt declined 9.1% compared with 2025 and 31.6% compared with 2020. • Estimated net debt decreased by approximately USD 7 billion. 113.2 109.3 107.7 106.0 97.6 85.2 77.5 2020 2021 2022 2023 2024 2025 2026 1 Debt Balance USD billion 1. 2026 figures are preliminary as of June 30, 2026. Note: 2020–2025 figures are based on audited financial statements. Totals may not add up due to rounding.

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Debt Maturity Profile as of June 30, 2026 USD billion 15Note: Excludes revolving credit facilities and accrued interest. • Short-term debt decreased by 36.5% compared with year-end 2025. • Lower near-term refinancing pressure and greater financial planning flexibility. 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 2036 2037 2038 2039 2040 2041 →

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1H26 Hedging Operations 16 1. The strategy consisted of fixing the level of diesel and gasoline price differentials versus crude oil through fixed-floating swaps with monthly settlement. If the observed crack spread — the difference between the price of diesel or gasoline and the price of WTI crude oil — is lower than the contracted fixed crack spread, PEMEX receives the difference; otherwise, if the observed crack spread is higher than the fixed crack spread, PEMEX must pay the difference Crude Oil • PEMEX implemented its oil hedging strategy for fiscal year 2026, which provides protection for approximately 25% of the total estimated exposure. • The strategy consisted of purchasing monthly put spreads that provide protection against declines in the price of the Mexican crude oil mix of up to USD 5.0, from a level close to that established in the Federal Expenditure Budget. Crack spread • PEMEX implemented a strategy to protect its cash flows against a reduction in diesel and gasoline crack spreads¹. Through this strategy, 5.43 MMb were hedged for the March– August period and 1.41 MMb for the March–November 2026 period, for gasoline and diesel, respectively. Foreign Exchange • As of the end of 1H26, the February 2026 UDI-denominated issuance was swapped into Mexican pesos through cross-currency swaps. In addition, a credit clause was incorporated into the hedge, reducing the funding cost by approximately 70 basis points. As a result of the variability in crude oil prices and crack spreads observed during the first half of 2026, driven by geopolitical tensions, the hedges represented a net hedging cost of USD 84.4 million.

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18 In 2Q26, liquid hydrocarbon production averaged 1,658 Mbd 2025 First half of 2026 1,635 1,655 2025 1Q26 2Q26 Total 1,635 1,652 1,658 1,617 1,621 1,607 1,627 1,636 1,629 1,648 1,645 1,652 1,641 1,641 1,660 1,655 1,646 1,655 1,652 1,658 1,666 JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC JAN FEB MAR APR MAY JUN Liquid hydrocarbon production1 Thousand barrels per day 1. Includes production from partners and condensates produced at fields.

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1,631 1,648 1,648 1,652 1,658 2Q25 3Q25 4Q25 1Q26 2Q26 Liquid hydrocarbon production in 2Q26 Liquid hydrocarbon production1 Thousand barrels per day 1. Includes production from partners and condensates produced at fields. Production mix by quality 812 49% 847 51% Heavy Light 1,040 63% 618 37% Offshore Onshore Production by origin 19 28 Note: Figures may not add due to rounding.

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3,592 3,730 3,879 3,925 4,006 2Q25 3Q25 4Q25 1Q26 2Q26 Hydrocarbon gas production in 2Q26 20 Hydrocarbon gas production1 Million cubic feet per day 1. Includes production from partners. Excludes nitrogen. Note: Figures may not add due to rounding. 414 1,652 41% 2,354 59% Associated Non-associated 1,224 31% 2,782 69% Offshore Onshore Production mix by type Production by origin

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PEMEX and Petrobras advance the first phase of their joint exploration assessment Pre - salt reservoirs Mature fields Current status ▪ Petrobras and SENER are advancing the mechanism for exchanging the geological and geophysical information required for the project. ▪ PEMEX is compiling additional information, including seismic and well data, to support Petrobras’ analysis. █ Anegada-Labay █ Centauro █ Centauro Sur █ Holok-Alvarado █ Magno Etapa 1 Q █ Máximo █ Máximo Ampliación █ Yoka-Butub Eight seismic surveys █ Data from mature fields and Pit–Kayab–Utsil █ Pre-salt sequences 21

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19 interventions completed Ixachi 5 wells completed under financing arrangements Mixed development projects continue to advance toward operational execution Operational progress on mixed development projects Agua Fría Madrefil–Bellota Sini–Caparroso Tamaulipas Constituciones Other contractual arrangements Reactivation of shut-in wells ➢ 4 contracts underway ➢ 3 pending authorization ➢ 23 interventions completed Mixed development projects complement PEMEX’s execution capacity and support incremental production with lower direct investment requirements. 10 projects awarded Contracts signed Pending signature 9 1 22

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Crude Oil Processing in the NRS • Higher year-over-year crude oil processing supports greater utilization of the NRS’s installed capacity. +28 123 156 221 199 144 857 848 915 941 864 980 1,004 1,136 1,141 1,008 238 243 329 305 293 2Q25 3Q25 4Q25 1Q26 2Q26 Crude Oil Processing Mbd Olmeca Maximum Instantaneous Throughput Olmeca 24

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256 277 338 339 298 386 396 433 441 400 642 699 65.5% 67.1% 67.9% 68.4% 69.3% 2Q25 3Q25 4Q25 1Q26 2Q26 Distillates1 & Fuel Oil Production Mbd Distillates Production 1. Considers total gasoline products available for sale, diesel, and jet fuel. Fuel oil Fuel oil yield Diesel and Jet fuel Gasolines Distillate yield G +15, D+JF +42 222 173 198 161 191 22.7% 17.2% 17.5% 14.1% 18.9% • Distillate yield reached 69.3% in the second quarter of 2026. • Gasoline, diesel and jet fuel production increased 9% year over year. 25

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Petrochemicals Production 26 1. Includes ammonia and carbon dioxide. 2. Includes ethylene oxide, high-density polyethylene, low-density polyethylene, and linear low-density polyethylene. 3. Includes aromina 100, benzene, styrene, toluene, and xylenes. Note: As of 2025, carbon black feedstock is no longer included. Does not include propylene, ethylene glycols, polyethylene waxes, butadiene, or petrochemical specialties. 152 97 122 135 225 50 40 67 84 76 30 43 23 43 37 11 17 23 24 16 9 17 2 19 1 253 216 237 305 355 2Q25 3Q25 4Q25 1Q26 2Q26 Petrochemicals Production Mt Methane derivative Sulfur Methanol Ethylene derivatives Aromatics and derivatives 1 2 3 +102

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Deer Park refinery results 97 91 -149 -377 -328 954 581 -118 -80 172 250 274 242 262 244 277 259 272 261.3 322 226 258 240 248 225 251 239 256 240 298 0 50 100 150 200 250 300 350 -500 0 500 1,000 1,500 2017 2018 2019 2020 2021 2022 2023 2024 2025 2Q26 PEMEX management periodUSD million Net Income Mbd Crude runs Transportation fuels production, gasoline, diesel and jet fuel EBITDA, MMUS$ 322 331 95 -121 -80 1,306 822 145 163 238 Debt, MMUS$ 539 493 909 1,133 1,499 0 0 0 0 0 Utilization, % 77.6 84.7 75.7 78.5 72.4 79.8 80.0 80.1 76.4 89.9 Availability, % 89.1 96.3 90.8 93.6 92.9 91.3 92.3 90.5 88.2 97.2 Unplanned downtime, % 8.02 3.66 3.57 5.90 4.82 3.43 5.70 6.48 4.56 2.65 27

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Gas Processing & Production 88% 90% 90% 88% 88% 12% 10% 10% 12% 12%2,011 2,230 2,113 2,080 2,229 2Q25 3Q25 4Q25 1Q26 2Q26 Wet gas processing MMcfd Sweet Wet Gas Sour Wet Gas 1,614 1,751 1,689 1,691 1,834 2Q25 3Q25 4Q25 1Q26 2Q26 Dry gas production MMcfd 117 128 118 122 121 2Q25 3Q25 4Q25 1Q26 2Q26 Liquids & natural gas production1 Mbd 3.5% 1. Includes streams for fractionation. • Dry gas production increased 13.6%, while natural gas liquids production rose 3.5%, driven by increased operating activity. 13.6% 28

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Environmental, Safety, and Social Responsibility Performance Indicators – 2Q26 Social Investment MXN million Operational Safety Frequency and Severity Rates 20 29 30 24 15 21 34 0.36 0.49 0.41 0.32 0.28 0.29 0.43 0 0.1 0.2 0.3 0.4 0.5 0.6 0 10 20 30 40 50 2021 2022 2023 2024 2025 2Q25 2Q26 Severity Rate Frequency Rate Severity Rate Frequency Rate 499 257 118 82 72 16 6 Donation Infrastructure Public Security and Civil Protection Health Productive Projects Environmental Protection Education and Sport Total: 1,050 ▲ 0.5% Carbon Dioxide Equivalent Emissions (MMt) 18.5 18.6 2Q25 2Q26 Environmental Greenhouse Gas Emissions (GHG) and Water ▲ 12.4% Sulfur Oxide Emissions (SOx) (Mt) 311.2 349.8 2Q25 2Q26 ▲ 1% Water Reuse in Crude Oil Processing at Refineries (MMm3) 10.1 10.2 2Q25 2Q26 30

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Strategic Progress PEMEX participated for the first time in the Regional Methane Summit, held in Brazil, as part of a panel on financing methane mitigation. Financing alternatives for emissions-reduction projects were discussed. Progress on the pilot project developed with Carbon Limits to improve methane emissions estimates, identify projects and abatement costs, and assess financing and measurement alternatives. Technical dialogues were initiated with OGMP 2.0, a UNEP initiative and an international benchmark for methane measurement, reporting, and verification, to assess the technical and economic implications of its potential adoption by PEMEX PEMEX participated in the GFMR Annual Steering Committee, led by the World Bank, where it presented progress on gas recovery studies at refineries, gas processing centers, and exploration and production assets. The initiatives received favorable feedback from donor members. Participation in the Regional Methane Summit Progress in Implementing a Digital Emissions Management Tool Technical Dialogues with OGMP 2.0 Participation in the GFMR Annual Steering Committee SDGs’ Allignment 31

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2Q26: Higher Operating Activity and a Stronger Financial Position 33 Stronger operations, improved cash flow generation and reduced financial pressure reinforce PEMEX’s position and enhance its ability to create long-term value. Crude Oil Processing Total Hydrocarbons +4.6% 2,447 Mboed 2Q25: 2,341 Mboed +2.9% 1,008 Mbd 2Q25: 980 Mbd Financial Debt -9.1% 77.5 USD billion 2025: 85.2 USD billion Sales Revenue +30.3% 510 MXN billion 2Q25: 392 MXN billion

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To ask questions by phone press asterisk + 11 (*11) and wait for the operator to announce your name, to withdraw the question press asterisk + 11 (*11) again. If you are connected via webcast, you can ask the question through the platform. Q&A 35 Elizabeth González Chief Financial Officer Marco Antonio Gómez Deputy Director for Planning and Operational Evaluation of Industrial Processes Sergio Benito Osorio Director of Energy Transformation Mauricio Camarena Director of Planning, Coordination, Performance and Sustainability Juan Carlos Carpio Chief Executive Officer Octavio Barrera Director of Exploration & Extraction Adán Enrique García Chief Executive Officer at P.M.I. International Trade

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INVESTOR RELATIONS (+52) 55 9126 2940 ri@pemex.com www.pemex.com/en/investors

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