Earnings release
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2 QUALITAS | 3Q26 Earnings Results 3Q26 WEBCAST RESULTS 3Q26 Zoom Webcast ID: 822 0862 1606 https://us06web.zoom.us/webinar/regi ster/WN_- vZRiCf6TY2R72OAnBELeg#/registration The report and presentation will also be available at: https://qinversionistas.qualitas.com .mx/informacion- financiera/reporte-trimestral Mr. Bernardo Risoul Salas Chief Executive Officer, Quálitas Controladora DATE: Wednesday 21st of October 2026 TIME: 08:00 a.m. MXT (10:00 a.m. EST) QUÁLITAS CONTROLADORA S.A.B. de C.V. Cordially invites you to its third quarter 2026 earnings results conference call Mr. Roberto Araujo Balderas Chief Financial Officer, Quálitas Controladora
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3 QUALITAS | 3Q26 Earnings Results 3Q26 Mexico City, October 20th, 2026 – Quálitas Controladora, S.A.B. de C.V. (“Quálitas”, “Q”, or “the company”) (BMV: Q*), announces its unaudited financial results for the third quarter 2026. Figures in this document are stated in millions of Mexican pesos except when otherwise indicated and many vary due to rounding and/or consolidation. HIGLIGHTS: • During the third quarter of the year, written premiums closed at $18,663 million, representing an increase of +7.7% versus the same period of last year; on a year -to-date basis, written premiums reached $57,685 million, up +7.7% compared with the first nine months of 2025. In both cases, the company is within its expected mid-to-high single-digit growth range. • The third quarter of the year closed with +6.2 million insured units, reaching a new historical record, increasing by +86.8 thousand units vs. 3Q25 and +86.3 thousand units vs. the previous quarter. Despite aggressive pricing competition that affected written premium growth, Quál itas continued to increase insured units. • Quarterly earned premiums increased by +2.2% versus 3Q25, reaching $18,200 million. Reserves were constituted for $279 million during the third quarter, representing $739 million more than in 3Q25, in line with written premium performance and the portfolio mix. On a year -to-date basis, Quálitas has constituted $2,843 million in reserves. • Quarterly loss ratio stood at 63.4% and at 63.6% accumulated, remaining within our long-term target range. Claim frequency has remained stable and even below the level recorded in the third quarter of 2025. At our Mexican subsidiary, the loss ratio stood at 61.5% for the quarter and 62.2% on a year - to-date basis , supported by the continued benefits of favorable developments in vehicle theft, recovery rates, our efforts to contain average claims costs and a milder early quarter . These results already reflect the impact of higher average claims costs driven by changes in VAT regulations. • The combined ratio stood at 92.7% for both the quarter and the first nine months of the year. Considering only the subsidiary in Mexico, the quarterly combined ratio closed at 89.8%, and at 90.4% on a year-to-date basis; these figures are well within aligned our long-term target range. • Quarterly and year -to-date comprehensive financial income totaled $1,307 million and $3,644 million, respectively. The investment portfolio reached a quarterly ROI of 8.3% and year-to-date 7.7%. As of the end of the period, the investment portfolio totaled $54,754 milli on, with 85.8% invested in fixed income and an average duration of 2.7 years with a yield to maturity of 8.5%. • Quarterly net result stood at $1,770 million, reflecting a +2.1% increase compared to 3Q25. On the other hand, net result for the first nine months of the year was $4,714 million. 12M ROE stood at 17.2%, while ROE for the period stood at 27.5%. Despite headwinds, we continue to be committed to a long-term ROE on or above 20%. • By quarter-end, the company held ~7.7 million shares in treasury, with a remaining balance of $551 million in the share buyback fund. • Required regulatory capital stood at $6,895 million, with a solvency margin of $17,713 million, equivalent to a solvency ratio of 357%. QUALITAS REPORTS 3Q26 RESULTS
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4 QUALITAS | 3Q26 Earnings Results 3Q26 Price to book value Market share leader since 2007 Earnings per share 33.3% +6.2M Insured units 7,555 Employees 615 257 Service offices & 358 ODQs Agents 17.2% +29,400 Return on Equity (ROE) $54,754 Invested assets float MM Price to earnings 2.2x $11.3 13.1x Answered calls at the claims call center in 3Q26 ~871k +2.1% Net result variation 3Q26 vs 3Q25 +7.7% Written premium 3Q26 vs 3Q25 $148.3 Share price (30/09)
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5 QUALITAS | 3Q26 Earnings Results 3Q26 Income Statement 3Q26 3Q25 Δ %/bp 9M26 9M25 Δ %/bp Written premiums 18,663 17,335 7.7% 57,685 53,572 7.7% Net written premiums 18,479 17,342 6.6% 57,234 53,465 7.0% Earned premiums 18,200 17,802 2.2% 54,391 51,301 6.0% Acquisition cost 4,470 4,253 5.1% 13,658 12,601 8.4% Loss cost 11,547 11,111 3.9% 34,594 31,680 9.2% Technical result 2,182 2,439 (10.5%) 6,140 7,021 (12.5%) Operating expenses 944 1,048 (9.9%) 3,039 3,205 (5.2%) Underwriting result 1,238 1,391 (11.0%) 3,101 3,816 (18.7%) Comprehensive financial income 1,307 1,134 15.2% 3,644 3,885 (6.2%) Investment income 1,126 973 15.8% 3,112 3,376 (7.8%) Income Taxes 775 792 (2.1%) 2,031 2,416 (15.9%) Net result 1,770 1,734 2.1% 4,714 5,285 (10.8%) Cost ratios 3Q26 3Q25 Δ %/pb 9M26 9M25 Δ %/pb Acquisition ratio 24.2% 24.5% (33) 23.9% 23.6% 29 Loss ratio 63.4% 62.4% 104 63.6% 61.8% 185 Operating ratio 5.1% 6.0% (99) 5.3% 6.0% (71) Combined ratio 92.7% 93.0% (28) 92.7% 91.3% 143 Combined ratio adjusted* 93.2% 92.2% 101 94.3% 92.6% 174 Profitability ratios 3Q26 3Q25 Δ %/pb 9M26 9M25 Δ %/pb Return on investments 8.3% 7.6% 69 7.7% 8.9% (122) ROE for the period 27.5% 27.6% (5) 27.5% 27.6% (5) LTM ROE 17.2% 26.7% (949) 17.2% 26.7% (949) YEAR TO DATEQUARTERLY Balance Sheet 3Q26 3Q25 Δ %/bp 9M26 9M25 Δ %/bp Assets 127,022 114,453 11.0% 127,022 114,453 11.0% Investments & Real Estate 58,810 56,095 4.8% 58,810 56,095 4.8% Invested assets or float** 54,754 52,359 4.6% 54,754 52,359 4.6% Technical reserves 69,293 60,874 13.8% 69,293 60,874 13.8% Total liabilities 100,597 88,354 13.9% 100,597 88,354 13.9% Stockholders' equity 26,426 26,098 1.3% 26,426 26,098 1.3% FINANCIAL HIGHLIGHTS 3Q26 * This refers to the sum of acquisition costs, claims incurred, and operating expenses, divided by earned premiums. The ratio is presented to facilitate comparison with international benchmarks. **Invested assets or float: investments in debt + overnights + loans portfolio
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6 QUALITAS | 3Q26 Earnings Results 3Q26 Business line 3Q26 3Q25 Δ%/bp vs. 25 9M26 9M25 Δ%/bp vs. 25 Traditional 11,249 10,736 4.8% 36,003 34,208 5.2% Individual 6,870 6,539 5.1% 21,410 20,635 3.8% Fleets 4,379 4,197 4.3% 14,592 13,573 7.5% Financial institutions 6,506 5,676 14.6% 18,922 16,440 15.1% Foreign subsidiaries 859 872 (1.5%) 2,601 2,790 (6.8%) Total 18,663 17,335 7.7% 57,685 53,572 7.7% Written premiums by foreign subsidiaries may include differences due to the exchange rate effect. During the third quarter of 2026, written premiums totaled $18,663 million, representing an increase of +7.7% compared with the same period of the previous year. On a year -to-date basis, written premiums reached $57,685 million, equivalent to a growth of +7.7% compared with the first nine months of 2025. During the quarter, the traditional business regained momentum contributing positively to overall business performance. Performance in the traditional segment, which accounts for ~60% of total premiums, posted gro wth of +4.8% in the quarter and +5.2% year to date. Within this segment , individual business grew +5.1% for the quarter and +3.8% year to date, while fleets grew +4.3% in the quarter and +7.5% year to date. This performance reflects a positive evolution across both businesses, as we continue balancing commercial competitiveness with our long-term profitability objectives. Lastly, the financial institutions segment, that represents ~35% of total business, reported +14.6% growth for the quarter and +15.1% for the first nine months of the year. This performance was supported by positive new vehicle sales trends, our established relationships with key financial institutions, and our broad distribution capabilities. In terms of written premiums, international subsidiaries contributed ~5% of total written premiums year to date, with strong LATAM growth being partially offset by the decline in the U.S. operation. Excluding foreign exchange effects and measured in U.S. dollars, Quálitas Costa Rica grew by 30.7%, Quálitas Peru by 20.0%, and Quálitas El Salvador by 7.7% during the first nine months of 2026. Foreign exchange movements had a notable impact on reported results, reducing growth when translated into Mexican pesos to 16.1% for Costa Rica and 12.7% for Peru, while El Salvador reported a decline of -3.4%. WRITTEN PREMIUMS
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7 QUALITAS | 3Q26 Earnings Results 3Q26 During the third quarter of 2026, the insured units historical record was again surpassed, closing the quarter with +6.2 million. This represents an increase of +86.8 thousand units (or +1.4%) compare d to the previous year, and +86.3 thousand units (or +1.4%) compared to the number reached in the previous quarter, maintaining a solid CAGR of +8.5% over the last five years. 6,230,032 insured units Sales of light vehicles grew by +4.5% during the quarter compared to 3Q25, with a total of 389,484 units sold, while sales of heavy equipment units increased by +2.7% compared to 3Q25. This resulted in a +4.4% increase in total new units sold during 3Q26. Insured units are distributed as follows: Insured units 3Q26 2Q26 Δ% 3Q25 Δ% Mexico 5,866 5,801 1.1% 5,855 0.2% Automobiles 4,018 3,982 0.9% 3,977 1.0% Trucks 1,549 1,515 2.2% 1,509 2.6% Motorcycles 299 304 (1.6%) 369 (19.0%) El Salvador 49 48 3.0% 48 4.0% Costa Rica 161 158 2.1% 140 15.2% United States 18 18 (1.2%) 22 (20.1%) Peru 98 93 6.0% 74 33.2% Colombia 37 26 NA 4 NA Total 6,230 6,144 1.4% 6,143 1.4% INSURED UNITS CAGR of the last 5 years: +8.5% *Motorcycles include motorcycles and foreign RC Foreign and cross-border vehicles are classified in their respective segment (automobiles and trucks)
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8 QUALITAS | 3Q26 Earnings Results 3Q26 During the third quarter, earned premiums closed at $18,200 million, representing an increase of +2.2% vs. 3Q25. On the other hand, the premiums earned for the first nine months of the year closed at $54,391 million, reflecting +6.0% growth. During the quarter, earned premiums grew at a slower pace than written premiums, largely driven by the evolving mix of annual and multiannual policies, with the latter increasing from 22.5% in 3Q25 to 26.0% in 3Q26. Acquisition cost closed the quarter at $4,470 million, with an acquisition ratio of 24.2%, 33 bp below 3Q25. This ratio is slightly above the historical and target range, mainly due to portfolio mix and stronger growth in the financial institutions segment, which carries higher commissions. Furthermore, there have been no changes in the commissions paid to agents and/or financial institutions, which are related to sales volume; in the case of agents, they are also related to the profitability of their portfolios. The quarterly cost and loss ratio were $11,547 million and 63.4%, respectively. This reflects a 1.0 pp increase compared to the same period of the previous year, already considering the rainy season, which this third quarter historically represents one of the most demanding periods of the year from a claim’s perspective. In addition, we continue absorbing the higher claims costs associated with the new VAT treatment. On a year-to-date basis, the cost figure stood at $34,594 million, with a ratio of 63.6%, standing at the midpoint of our 62%–65% target range. Despite the rise in the ratio, the absolute cost of claims increased by only +3.9%, supported by the continued benefits of favorable developments in vehicle theft, recovery rates , our efforts to contain average claims costs and the stabilization of claim frequency, which closed at 6.8%, 31 bp below the frequency recorded in the third quarter of 2025. A t the close of the first nine months of 2026, the impact of VAT accounted for 3.2 pp of the loss ratio. For our main subsidiary in Mexico, the loss ratio stood at 61.5% for the quarter and 62.2% on a year -to- date basis, representing increases of 0.9 and 2.4 pp, respectively, compared with the same periods of the previous year. This performance primarily reflects the successful implementation of initiatives launched EARNED PREMIUMS ACQUISITION COST LOSS COST Annual Multiannual
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9 QUALITAS | 3Q26 Earnings Results 3Q26 toward the end of 2025, including strict cost -control measures and operating efficiencies ge nerated through our vertical integration. Additionally, theft of insured vehicles in Mexico decreased by 17.1% for Quálitas and 17.5% for the rest of the industry. Quálitas recovered 49.9% of stolen vehicles during the first nine months of 2026, significantly outperforming the 43.8% recovery rate reported by the rest of the industry, underscoring the effectiveness of its vehicle tracking and recovery processes. Theft-related claims represented ~11% of total claims cost, down from 13.5% in the accumulated f igures. Quarterly claims frequency stood at 6.8%, below that observed in the third quarter of 2025. General inflation in Mexico continues its stabilization trend, closing the quarter at 3.5%, while core inflation stood at 3.8%. Meanwhile, inflation in auto parts, spare parts, and labor stood at 4.1%. Operating expenses for the quarter and the year -to-date stood at $944 million and $3,039 million respectively. Operating ratio stood at 5.1% for the quarter and 5.3% year to date , representing an improvement of 99 bp and 71 bp, respectively, compared with the same period of the previous year. Operating expenses include employee profit -sharing PTU provisions, fees paid to service offices, and performance-related corporate bonuses. By regulation, the PTU provision is included within operating expenses. Excluding the effect of this provision, the operating ratio would have closed the quarter at 4.6% and 4.5% year to date. OPERATING EXPENSES GASTO DE OPERACIÓN
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10 QUALITAS | 3Q26 Earnings Results 3Q26 For the third quarter of 2026, the company reported operating profit of $1,238 million, with an operating margin of 6.8%. The combined ratio for the quarter stood at 92.7%, representing a decrease of 28 bp compared to 3Q25. On a year -to-date basis, operating profit stood at $3,101 million, with an operating margin of 5.7% and a combined ratio of 92.7%, consistent with our target range of 92% to 94%. Combined ratio – Mexico According to the latest figures available from AMIS, as of June 2026, the Mexican auto insurance industry, excluding Quálitas Mexico, reported a combined rat io of 95.0%; Quálitas stood out with a ratio of 90.8%, 4.2 pp lower than the rest of the industry. During 3Q26, the referential interest rate in Mexico has stood closely in the same level , closing at 6.5% compared to 7.5% in 3Q25. The average quarterly rate for 28-day CETES stood at 6.2%. While the drop in benchmark rates has moderated our portfolio's reinvestment yield, the Investment Committee has maintained a prudent and disciplined strategy, selectively capitalizing on opportunities arising from market volatility in recent months. During those periods, we successfully added instruments with attractive yields and extended our portfolio's duration at the long end of the curve, while keeping it within the ranges we have been targeting. In the case of Mexico portfolio, a yield to maturity of 9.1% was achieved, where reference rate is at 6.5%. As of the end of September, 85. 8% of the portfolio was invested in fixed -income securities and the remaining 14.2% in equities, with a duration of 2.7 years. Additionally, ~21% of the total portfolio is invested in US dollars reflecting our international presence to meet the capital requirements of our international subsidiaries. UNDERWRITING RESULT GASTO DE OPERACIÓN COMPREHENSIVE FINANCIAL INCOME Source: AMIS, Market share in Mexico as of June 2026. 93.8% 90.8% 75% 80% 85% 90% 95% 100% 105% 6M26 3M26 2025 9M25 6M25 3M25 2024 9M24 6M24 3M24 2023 9M23 6M23 3M23 2022 9M22 6M22 3M22 2021 9M21 6M21 3M21 202620252024202320222021 Industry CR% QMx CR%
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11 QUALITAS | 3Q26 Earnings Results 3Q26 ROI - Investment portfolio Portfolio allocation On the other hand, the equity portion of our portfolio demonstrated resilient performance during the first nine months of the year. Despite volatility observed in the first quarter, the S&P 500 posted a year-to-date return of 11.8%, fostering a more favorable investment environment heading into the end of the year. Quarterly comprehensive financial income closed at $1,307 million, while the year -to-date figure stood at $3,644 million. The investment portfolio achieved a quarterly and accumulated ROI of 8.3% and 7.7% respectively. It is worth noting that accumulated unrealized gains amount ~$2.1 billion. If all positions were valued at market price, the year to date ROI would have been 8.0%. Quarterly net income reached $1,770 million , equivalent to a growth of 2.1% or $36.3 million. On a year- to-date basis, net income closed at $4, 714 million, down -10.8% compared with the first nine months of 2025. The tax rate for the quarter was 30.5%. Additionally, we reported a quarterly net margin of 9.5%. The 12-month ROE stood at 17.2% and ROE for the period stood at 27.5% NET INCOME ➔ By subsidiary ➔ Total
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12 QUALITAS | 3Q26 Earnings Results 3Q26 International subsidiaries (geographic) represented 4.6% of the Holding Company’s total quarterly written premiums: The table below shows the performance in written premiums and sales of our subsidiaries : Written Premium 3Q26 3Q25 Δ % 9M26 9M25 Δ % Q ES 122 122 (0.7%) 341 353 (3.4%) Q CR 302 252 19.7% 1,154 993 16.1% Q IC 70 295 (76.1%) 199 900 (77.9%) Q P 202 171 17.7% 555 492 12.7% Q Col 164 32 NA 352 51 NA Vertical* 425 476 (10.7%) 1,264 1,329 (4.9%) Total 1,284 1,348 (4.8%) 3,865 4,120 (6.2%) International subsidiaries had written premiums of $859 million for 3Q26, a decrease of -1.5% vs. 3Q25. On a year-to-date basis, subsidiaries reported $2,601 million, a decrease of -6.8% vs. 9M25. Across LATAM, quarterly written premiums increased by +36.5%, reaching $789 million. It is important to highlight that the exchange rate has had a particular impact during 2026. Excluding this FX effect, growth would have reached +45.1% for the quarter and +41.7% year to date, measured in U.S. dollars. In Colombia, we currently have 21 active offices, well on track to meet our full -year target of 25. These offices have generated US$21.3 million in written premiums, significantly exceeding our initial projections. Additionally, our U.S. subsidiary continues its downward trend, decreasing -76.1% on a quarterly basis and -77.9% year to date, derived from the closing of cross-border business, consistent with expectations as we focus exclusively on PPA and Binational Certificates. SUBSIDIARIES AS OF 3Q26 *Excludes intercompany operations and includes QSalud, Autos y Salvamentos, O&T, Activos Jal, DCT, Flekk, as well as Roto Cristales y Partes. Figures for prior periods may vary due to exchange rate fluctuations or consolidation. EL SALVAD OR QIC* 0.4% MKT% NA QES* 0.7% MKT% 15.0% QCR* 1.6% MKT% 17.3% QP* 1.1% MKT% 8.6% QCOL* 0.9% MKT% 1.3% QMX* 95.2% MKT% 33.3% * Percentage as a proportion of quarterly written premium by Quáli tas Controladora
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13 QUALITAS | 3Q26 Earnings Results 3Q26 Altogether, our international subsidiaries and verticals reported premiums and sales of $ 1,284 million during 3Q26, a quarterly decrease of -4.8% compared to 3Q25. On a year-to-date basis, they reporte d revenues of $3,865 million, -6.2% below the same period of 2025. During the third quarter of 2026, the company constituted reserves totaling $279 million, associated with the rebound in written premiums. This represents a $739 million difference versus 3Q25. For the first nine months, reserves totaling $2,84 3 million were constituted, $679 million more than in the same period of 2025. The company’s technical reserves stood at $69,293 million as of September -end 2026, an increase of $8,419 million comp ared to the same period of the previous year, related to the growth in written premiums and the portfolio mix observed over the past year. The regulatory capital requirement stood at $6,895 million by September -end, with a $17,713 million solvency margin, equivalent to a solvency ratio of 357%. Our capital allocation strategy will continue to focus on: 1) strengthening our leadership in Mexico, 2) accelerating the growth of our subsidiaries, and 3) expanding our service to new business lines within the insurance ecosystem. TECHNICAL RESERVES SOLVENCY
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14 QUALITAS | 3Q26 Earnings Results 3Q26 3Q26 3Q25 3Q26 3Q25 Assets Investments 58,810,484,121 56,094,912,452 Securities and Derivatives Transactions 53,276,087,902 50,274,968,833 Securities 53,276,087,902 50,274,968,833 Government 37,616,205,619 37,815,620,473 Private Companies: Fixed Rate 7,560,926,152 5,009,090,842 Private Companies: Equity 4,349,748,186 4,677,381,862 Foreign 3,768,661,781 2,794,502,516 Dividends Receivable on Capital Securities - - (-) Value Impairment 19,453,836 21,626,860 Securities given in Loan Investments - - Restricted Securities - - Derivatives - - Overnight 643,320,678 1,338,886,283 Loans Portfolio (Net) 834,505,811 745,328,050 Current Loan Portfolio 921,204,488 841,685,854 Non-performing Loan 30,440,473 30,471,193 (-) Loan Loss Provisions 117,139,150 126,828,997 Property (Net) 4,056,569,730 3,735,729,286 Investments Related to Labor Obligations 115,418,850 108,193,070 Cash and Cash Equivalents 2,666,652,055 2,963,332,959 Cash and Banks 2,666,652,055 2,963,332,959 Debtors 53,334,099,035 44,578,188,051 Premiums 51,026,864,417 42,839,551,410 Premiums P&C Subsidy - - Federal Agencies Debts 712,604,797 72,101,138 Agents and Claims Officers (Adjusters) 164,799,823.2 161,575,108.2 Accounts Receivable - - Bonds for Claims Debtors - - Other 1,641,799,578.8 1,670,757,426.9 (-) Allowance for Doubtful Accounts 211,969,580.7 165,797,032.0 Reinsurers and Re-Bonding Companies 448,292,887 210,306,454 Insurance and Bonds Intitutions 88,719,719 56,745,070 Retained deposits - - Amounts Recoverable from Reinsurance 362,689,713 157,761,266 (-) Loan Loss Provisions for Foreign Reinsurers 2,973,059 1,064,693 Reinsurance and Bonding Brokers - - (-) Provisions for Penalties 143,486 3,135,189 Permanent Investments 109,691,174 47,220,660 Subsidiary - - Associates - - Other permanent investments 109,691,174 47,220,660 Other Assets 11,537,844,722 10,450,404,700 Furniture and Equipment (Net) 1,573,231,184 1,554,178,440 Foreclosed Assets (Net) - - Miscellaneous 9,579,804,578 8,494,673,508 Amortizable Intangible Assets (Net) 135,471,787 145,781,327 Long-lived Intangible Assets (Net) 249,337,173 255,771,424 Total Assets 127,022,482,843 114,452,558,345 QUALITAS CONTROLADORA S.A.B. DE C.V. Consolidated Balance Sheet as of September 30th 2026 & 2025 Figures in Mexican pesos
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15 QUALITAS | 3Q26 Earnings Results 3Q26 3Q26 3Q25 3Q26 3Q25 Liabilities Technical Reserves 69,293,044,420 60,874,195,203 Unearned Premiums 49,880,535,829 42,687,040,325 Life Insurance - - Accident and Illness Insurance 33,659,899 22,118,947 Property and Casualty Insurance 49,846,875,930 42,664,921,378 Rebonding - - In Force Bonding - - 19,412,508,591 18,187,154,878 19,364,484,425 17,945,207,115 (502,558,121) (403,925,315) Funds Under Administration - - Deposit Premiums 550,582,286 645,873,078 Contingency Reserve - - Specialized Insurance Reserve - - Catastrophic Risks Reserves - - Reserves Related to Labor Obligations 934,853,253 759,579,460 Creditors 14,778,310,687 12,142,853,825 Agents and Adjusters 4,375,024,749 4,003,609,448 Funds for Losses Management 81,867,227 42,255,034 - - Miscellaneous 10,321,418,711 8,096,989,343 Reinsurers and Re-Bonding Companies 158,923,610 161,940,327 Insurance and Bond Companies 158,923,610 161,940,327 Retained Deposits - - Other - - Rebonding and Reinsurance Broker - - - - Funding Obtained - - Debt Issuance - - - - Other Debt Securities - - Financial Reinsurance Agreement - - Other Liabilities 15,431,763,830 14,415,624,849 583,497,221 772,023,044 Income Tax Provisions 2,592,615,563 3,077,314,124 Other Obligations 10,528,386,459 9,169,224,403 Deferred Credits 1,727,264,586 1,397,063,278 Total Liabilities 100,596,895,798 88,354,193,664 Stockholders' Equity Paid-in Capital Capital Stock 2,340,650,008 2,353,609,664 Capital Stock 2,386,567,046 2,386,567,046 (-) Non Subscribed Capital Stock - - (-) Non Displayed Capital Stock - - (-) Repurchased Shares 45,917,038 32,957,382 - - Earned Capital Reserves 2,125,260,920 2,296,187,098 Legal 507,142,999 507,142,999 For Repurchase of shares 646,404,693 760,363,391 Other 971,713,229 1,028,680,708 Valuation Surplus 1,717,857,822 1,913,451,877 Permanent Investments - - Retained Earnings 15,683,060,845 14,352,017,308 Net Result 4,716,851,629 5,277,182,442 Translation effect (165,261,630) (165,843,173) Non Monetary Assets Result - - Remeasurements for Benefits granted to Employees (71,318,403) 4,589,032 Controlling Interest 26,347,101,191 26,031,194,247 Non-Controlling Interest 78,485,854 67,170,434 Total Stockholders' Equity 26,425,587,045 26,098,364,681 Total Liabilities and Stockholders' Equity 127,022,482,843 114,452,558,345 QUALITAS CONTROLADORA S.A.B. DE C.V. Consolidated Balance Sheet as of September 30th 2026 & 2025 Figures in Mexican pesos Subordinated Obligations of Mandatory Conversion into Stockholders' Equity Reserve for Outstanding Obligations Expired Policies and Claims Ocurred Pending of Payment Ocurred but not Reported and Adjustment Costs assigned to Claims Bonding for recognition of Liabilities Creditors Derivatives (Fair Value) Subordinated Obligations not exchangeable into shares Provisions for employee profit sharing
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16 QUALITAS | 3Q26 Earnings Results 3Q26 3Q26 3Q25 3Q26 3Q25 Premiums Written 18,663,049,696 17,335,375,643 (-) Ceded 184,374,984 (6,664,371) Net Written Premiums 18,478,674,712 17,342,040,014 (-) Net Increase of Unearned Premiums Reserve 279,069,310 (460,362,150) Earned Retained Premiums 18,199,605,402 17,802,402,164 (-) Net Acquisition Cost 4,470,195,925 4,252,695,824 Agents Commissions 1,389,408,112 1,314,827,116 Agents Additional Compensation 505,187,838 516,835,552 Reinsurance and Rebonding Commissions - - (-) Reinsurance Commissions 44,389,756 196,309 Excess of Loss Coverage 12,087,647 8,808,888 Other 2,607,902,085 2,412,420,577 (-) Net Claims Cost and Other Contractual Liabilities 11,547,418,286 11,110,626,870 Claims and Other Contractual Obligations 11,559,134,143 11,121,512,929 (-) Losses on non-proportional reinsurance 11,715,856 10,886,058 Claims - - - - Technical Income (Loss) 2,181,991,191 2,439,079,470 (-) Net Increase in Other Technical Reserves - - Catastrophic Risks Reserve - - Specialized Insurance Reserve - - Contingency Reserve - - Other - - - - Result of Analog and Related Operations - 157,422 - - Gross Income (Loss) 2,181,991,191 2,439,236,892 (-) Net Operating Expenses 943,965,302 1,048,062,386 Administrative and Operating Expenses 163,634,366 264,648,722 Employees´compensation and benefits 624,610,360 640,777,192 Depreciation and Amortization 155,720,576 142,636,473 Operating Income (Loss) 1,238,025,889 1,391,174,505 Comprenhensive Financing Result 1,307,307,259 1,134,490,840 Investments 808,974,237 566,097,079 Sale of Investments 213,863,298 18,647,403 Fair Valuation of Investments 65,616,885 373,805,121 Surcharges on Premiums 165,527,562 145,792,920 Debt Issuance - - Financial Reinsurance - - Loan Interests 23,489,635 25,413,298 (-) Preventive Penalties for Amounts Recoverable from Reinsurance 591,221 (123,918) (-) Preventive Penalties for Credit Risks (1,438,041) (598,630) Other 15,621,936 16,136,399 Foreign Exchange Rate Fluctuation 13,366,885 (12,123,927) (-) Monetary Position Result - - Participation in Permanent Investments Result - - Income (Loss) Before Taxes 2,545,333,147 2,525,665,3450 0 (-) Provision for Income Taxes 775,487,461 792,082,5270 0 Income (Loss) Before Discontinued Operations 1,769,845,687 1,733,582,8180 0 Discontinued Operations - - 0 0 Net Income (Loss) 1,769,845,687 1,733,582,8180 0 Controlling Interest 1,771,259,904 1,731,036,962 Non-Controlling Interest (1,414,218) 2,545,8560 0 Net Income (Loss) 1,769,845,687 1,733,582,818 Consolidated Income statement for the third quarter 2026 & 2025 Figures in Mexican pesos QUALITAS CONTROLADORA S.A.B. DE C.V.
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17 QUALITAS | 3Q26 Earnings Results 3Q26 9M26 9M25 9M26 9M25 Premiums Written 57,685,163,137 53,571,500,648 (-) Ceded 451,160,533 106,671,872 Net Written Premiums 57,234,002,604 53,464,828,777 (-) Net Increase of Unearned Premiums Reserve 2,842,508,280 2,163,986,874 Earned Retained Premiums 54,391,494,323 51,300,841,902 (-) Net Acquisition Cost 13,657,676,454 12,600,554,443 Agents Commissions 4,140,604,305 3,983,593,888 Agents Additional Compensation 1,637,654,964 1,565,054,712 Reinsurance and Rebonding Commissions - - (-) Reinsurance Commissions 80,567,796 930,336 Excess of Loss Coverage 49,305,685 30,763,408 Other 7,910,679,296 7,022,072,772 (-) Net Claims Cost and Other Contractual Liabilities 34,593,973,853 31,679,567,035 Claims and Other Contractual Obligations 34,614,796,820 31,695,767,586 (-) Losses on non-proportional reinsurance 20,822,967 16,200,551 Claims - - Technical Income (Loss) 6,139,844,016 7,020,720,424 (-) Net Increase in Other Technical Reserves - - Catastrophic Risks Reserve - - Specialized Insurance Reserve - - Contingency Reserve - - Other - - Result of Analog and Related Operations 58,222 319,758 Gross Income (Loss) 6,139,902,238 7,021,040,182 (-) Net Operating Expenses 3,038,994,855 3,204,820,283 Administrative and Operating Expenses 470,501,349 882,830,713 Employees´compensation and benefits 2,132,618,005 1,923,962,105 Depreciation and Amortization 435,875,501 398,027,466 Operating Income (Loss) 3,100,907,383 3,816,219,899 Comprenhensive Financing Result 3,644,038,987 3,885,357,466 Investments 2,359,600,156 2,184,467,425 Sale of Investments 968,270,326 424,400,167 Fair Valuation of Investments (291,411,046) 715,800,155 Surcharges on Premiums 478,621,330 446,913,430 Debt Issuance - - Financial Reinsurance - - Loan Interests 73,730,628 63,690,391 (-) Preventive Penalties for Amounts Recoverable from Reinsurance 1,983,895 225,009 (-) Preventive Penalties for Credit Risks (11,590,395) (1,954,898) Other 52,942,424 62,324,891 Foreign Exchange Rate Fluctuation (7,321,332) (13,968,882) (-) Monetary Position Result - - Participation in Permanent Investments Result - - Income (Loss) Before Taxes 6,744,946,370 7,701,577,365 (-) Provision for Income Taxes 2,031,239,987 2,416,257,946 Income (Loss) Before Discontinued Operations 4,713,706,383 5,285,319,419 Discontinued Operations - - Net Income (Loss) 4,713,706,383 5,285,319,419 Controlling Interest 4,716,851,629 5,277,182,442 Non-Controlling Interest (3,145,247) 8,136,978 Net Income (Loss) 4,713,706,383 5,285,319,419 QUALITAS CONTROLADORA S.A.B. DE C.V. Consolidated Income statement from January 1st to September 30th 9M26 & 9M25 Figures in Mexican pesos
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18 QUALITAS | 3Q26 Earnings Results 3Q26 Acquisition Cost : Includes commissions and compensations paid to agents as well as fees paid to Financial Institutions for the use of their facilities (UOF). Acquisition Ratio: Acquisition Cost ÷ Net Written Premiums. AMDA: Mexican Association of Automotive Distributors. CAGR: Compound Annual Growth Rate = [(End of Period Figure / Beginning of Period Figure) ^ (1/ Number of periods)]. Combined Ratio: Acquisition Ratio + Operating Ratio + Loss Ratio. CNSF: National Insurance & Bonds Commission, the regulator of the insurance sector in México. Financial Institutions : Financial branch of major automakers and Financial Groups that provide automotive financing. Logiflekk SA de CV: Legal entity resulting from the merger of EasyCarGlass, CristaFácil, and Outlet de Refacciones; Flekk remains the commercial name. IBNR: Incurred but not reported reserves. Loss Cost: Includes costs incurred in the payment of claims: third party liability, theft, repair costs, among others. Loss Ratio: Loss Cost ÷ Earned Premiums. Multi-annual Policies: Policies with a term greater than 12 months. They are typically issued for the automobiles sold on credit. Net Earned Premiums: Written premiums registered as income throughout the duration of a policy. Net Margin: Net result/written premiums. Net Written Premiums: Written premiums minus the portion ceded to reinsurance. Operating Expenses: Includes expenses incurred in by the company in its regular operations. Operating Ratio: Operating Expenses ÷ Written Premiums. Operating Margin: operating income/ earned premiums. Policies’ Fees: Administrative fee charged when the policy is issued and recorded as an income in operating expenses. PTU: Employee profit sharing. Premium Debtor: Records the portion of sold policies which will be paid in installments Premiums Surcharge: Financial penalty imposed to policyholders that choose to pay premiums in installments. Regulatory Capital Requirement: Is the minimum equity level that an insurance company should maintain, according to legal requirements. ROI: Measures the profitability obtained from the company’s investment portfolio. Written Premiums: Premiums corresponding to policies underwritten. GLOSSARY
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19 QUALITAS | 3Q26 Earnings Results 3Q26 Q CR: Quálitas Costa Rica Q MX: Quálitas Mexico Q ES: Quálitas El Salvador Q IC: Quálitas Insurance Company; Estados Unidos. Q P: Quálitas Peru Q IC: Quálitas Insurance company. QCind: Investment portfolio of Quálitas Controladora Q Col: Quálitas Colombia Solvency Margin: Stockholders’ equity – Regulatory Equity Requirement. Solvency Margin Ratio: Solvency Margin ÷ Regulatory Equity Requirement. UOF: Fees paid to Financial Institutions for the use of their facilities. OCRA: (Oficina Coordinadora de Riesgos Asegurados) Quálitas Controladora (QC) is the company with the largest market share in the auto insurance industry in Mexico and has presence in the United States, Peru, Costa Rica, El Salvador and Colombia. Its unique business model, with more than 32 years’ experience in the auto insurance b usiness, has allowed it to offer a first-quality service under the largest coverage network in Mexico. Quálitas is listed on the Mexican Stock Exchange under the symbol "Q" (Bloomberg: Q*:MM). _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ This document may include forward -looking statements that involve risks and uncertainties. Information may include forward -looking statements regarding the company’s results and prospects, which are subject to risks and uncertainty. Actual results may diff er materially from what is discussed here t oday, and the company cautions you not to place undue reliance on these forward -looking statements. Quálitas undertakes no obligation to publicly update or revise any forward -looking statements, whether because of new information, future events, or otherwise. INVESTOR RELATIONS CONTACT: Jorge Pérez Rivero / joperez@qualitas.com.mx Antonio R. Bours / abours@qualitas.com.mx ABOUT QUALITAS
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20 QUALITAS | 3Q26 Earnings Results 3Q26