Earnings release
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1 A SABIC Affiliate YANSAB Earnings Release Third Quarter 2026 October 20, 2026
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2 YANSAB delivered a strong performance during the third quarter of 2026, reporting a net profit of SAR 237.3 million (USD 63.3 million), representing an increase of 220% compared to the same quarter last year. The improvement was primarily driven by higher sales volumes and increase in average selling prices for most products, while the Company continued to maintain high operational reliability, disciplined execution of operational plans, and strong operational efficiency. This performance reflects the Company’s strong commitment to operational excellence and its continued adoption of a proactive and agile operating approach. Through disciplined execution, effective risk management, strengthened operational resilience, and optimized utilization of available resources. Operational Excellence to Deliver Strong, Sustainable Results EHSS Leadership Agile Management Operational Reliability Performance Discipline YANSAB Earnings Third Quarter 2026 Yanbu, October 20, 2026
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3 SUMMARY FINANCIAL RESULTS 1 Earnings Before Interest, Taxes, Depreciation, and Amortization All figures are rounded off to nearest million 3 Months Ended 9 Months Ended Period Sep 30, 2026 Jun 30, 2026 Change % Sep 30, 2026 Sep 30, 2025 Change % Revenue 1,677.4 1,879 -10.7 % 4,876.4 4,221.8 15.5 % EBITDA1 483 625 -22.7 % 1,355 875 55 % Income from operations 232.8 274.4 -15.1 % 519.3 122 325.7 % Net income 237.3 258.8 -8.3 % 507.3 132.4 283.2 % Earning per share 0.42 0.46 -8.7 % 0.90 0.24 275 % Revenue Revenue for the current quarter reached SAR 1,677 million (USD 447 million), representing an increase of 27.5% compared to the same quarter last year. This is primarily attributed to higher sales volumes and an increase in the average selling prices of most products compared to their level in similar quarter and continuing to achieve distinguished levels of plant reliability, which supported consistent operational performance. EBITDA reached SAR 483 million (USD 129 million) in the third quarter of 2026, an increase of 57.3% compared to the same quarter of the previous year. This was driven by operational efficiency and disciplined execution and continuing to achieve distinguished levels of plant reliability, which supported consistent operational performance. The company achieved a net profit of SAR 237.3 million (USD 63.3 million) for the third quarter, compared to SAR 74.2 million (USD 19.8 million) in the same quarter of the previous year. This is primarily attributed to higher in sales volumes and increase in average selling prices for most products compared to their level in similar quarter. and continuing to achieve distinguished levels of plant reliability, which supported consistent operational performance, despite the increase in cost of some production inputs. EBITDA Net Profit
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4 % 27.5▲REVENUE Financial Overview 1 Earnings Before Interest, Taxes, Depreciation, and Amortization Q3 2026 1,677.4 Mn. SAR 1,315.8 Mn. SAR Q3 2025 % 250.6▲OPERATIONS INCOME Q3 2026 232.8 Mn. SAR 66.4 Mn. SAR Q3 2025 % 219.8▲NET INCOME Q3 2026 237.3 Mn. SAR 74.2 Mn. SAR Q3 2025 % 66.5▲GROSS PROFIT Q3 2026 343.9 Mn. SAR 206.6 Mn. SAR Q3 2025 % 57.3▲EBITDA1 Q3 2026 483 Mn. SAR 307 Mn. SAR Q3 2025 % 223.1▲EARNINGS PER SHARE Q3 2026 0.42 SAR 0.13 SAR Q3 2025 Q3 2026 vs Q2 2026 19% Q3 2026 vs Q3 2025 9 Months 2026 vs 9 Months 2025 11% 12% SELLING PRICES
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5 Operational Excellence Pillars Safety Culture Operational Reliability Operational Efficiency Digital Transformation Establishing a culture of safety, promoting proactive behavior, facilitating the early identification of hazards, raising risk awareness, and instilling safe practices. Strengthening the integration between risk management and process safety to ensure a safe operational environment. Maintaining operational efficiency without unplanned shutdowns through enhanced reliability and proactive maintenance programs. strengthening operational agility by empowering teams to make timely, data-driven decisions, ensuring readiness to navigate changes and challenges turning them into opportunities and minimizing their impact on performance. Enhancing operational efficiency through optimal resource utilization, improved inventory management and effective profitability management contributing to increased productivity and improved performance. Developing value creation initiatives and maximizing the utility of by products and waste by transforming them into economic opportunities that enhance returns and reduce environmental impact. Leveraging digital solutions and data analytics to enhance operational efficiency and support operational decision making. Utilizing intelligent monitoring predictive systems detect potential faults and risks early, improve response times and enhance overall performance efficiency. Innovation and Sustainability Supporting innovation and developing initiatives that contribute to improving processes, maximizing value, optimizing the consumption of natural resources, and reduce gas emissions. Investing in our human capital and leveraging their expertise, skills, and capabilities to support sustainable performance and operational discipline.
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6 During the third quarter of 2026, global economic activity continued to face challenges related to geopolitical developments, fluctuations in product prices, raw material availability and supply chain disruptions, and its impact on higher logistics and insurance costs. These conditions placed additional pressure on the petrochemical sector, despite a relative improvement in industrial and manufacturing activity indicators across several key markets. In light of these challenges and changes, YANSAB continued to strengthen its operational and financial performance by integrating efforts across all its units, supported by its firm commitment to operational excellence, maintaining high levels of plant reliability and process safety, ensuring efficient management of production, resources and supply chains, as well as proactive risk management and financial discipline in cost optimization. These initiatives enhanced the company ’s operational resilience and operational efficiency, mitigating the impact of risks and challenges it faces. Consequently, this had a positive impact on the company ’s performance and financial results for the third quarter of 2026. YANSAB maintained a zero Total Recordable Incident Rate (TRIR). This achievement underscores YANSAB ’s firm commitment to fostering a strong safety culture across all its operations. It also reflects the company ’s proactive approach to risk management, continuous improvement of digital monitoring and analytical tools, and enhanced emergency preparedness and response all of which contribute to ensuring a safe work environment, bolstering operational reliability, and safeguarding both personnel and equipment. The company also implemented a range of program and initiatives aimed at enhancing the health and safety of its workforce. Enhance emergency response readiness, alongside the continuous enhancement of digital solutions. Furthermore, these efforts extended to participation in environmental initiatives and sharing of expertise and best practices with other industrial companies, thereby fostering collaboration with various partners and stakeholders. The company successfully met the targets set by the Saudi Energy Efficiency Center (SEEC). This achievement reflects YANSAB’ s continued sustainability efforts to enhance energy and resource efficiency and minimizing environmental impact through initiatives focused on converting (Waste –to-Wealth) and achieving Zero Routine Flaring. The company also continues to develop its Automation and Innovation program (AUTOVATE), which includes more than 15 digital initiatives to enhance safety, plant reliability and operational efficiency. YANSAB continued to deliver positive results during the third quarter of 2026. Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) reached SAR 483 million, an increase of 57.3% compared to the same quarter of the previous year. Net profit reached SAR 237.3 million, compared to SAR 74.2 million in the corresponding quarter of 2025, representing an increase of 219.8%. This growth was driven by higher sales volumes, increased selling prices for most products and the company ’s continued achievement of excellent levels of plant reliability. In conclusion, we will continue to pursue operational excellence by enhancing our operational efficiency and plant reliability, strengthening our capabilities in innovation, digital transformation and sustainability and leveraging the skills, expertise and potential of our human resources. Wazen M. Al-Solami YANSAB President President Message
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7 Focus Areas Safety & Environment YANSAB continues to embed a proactive safety culture, contributing to the protection people and assets, enhancing operational readiness and supporting business continuity through reliable and sustainable operational performance. These efforts are supported by an integrated risk management framework and periodic procedural reviews. Furthermore, the Company continues to strengthen its emergency preparedness and response capabilities, supported by proactive performance indicators. Reliability YANSAB continues to enhance operational reliability through optimal utilization of assets and resources, reducing operational costs, and minimizing unplanned shutdowns and interruptions. It also focuses on improving inventory management efficiency, strengthening operational flexibility, and responding effectively to market changes, all of which support business continuity. Sustainability & Innovation The Company continues to develop innovative and sustainable solutions for products and applications, while optimizing processes to reduce emissions and costs, expanding value creation initiatives, including converting waste into value, and strengthening value chain integration. These efforts aim to meet customer needs and support the broader value chain. YANSAB also continues to enhance collaboration with industry partners to improve performance and minimize environmental impact. Digitalization The Company continues to leverage digital solutions and data analytics to enhance operational processes, improve resource efficiency and support decision making. These efforts enhance productivity, responsiveness, and overall performance, while supporting innovation and long-term business continuity and growth.
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8 Summary and Outlook MEG (Monoethylene Glycol) MEG price increases, driven by limited supply, supply chain disruptions, and declining inventories in China despite lower polyester plant operating rate and demand has remained weak. PE (Polyethylene) PE price experienced volatility, stemming from supply constraints in certain regions and rising logistics costs, alongside with an improvement in prices toward the the end of the quarter and improved demand. PP (Polypropylene) Price pressures persisted, while demand in global markets remained stable despite a slowdown in purchases by end use sector. Q4 2026 Market Outlook Geopolitical Factors Geopolitical events remain a key factor influencing the markets, continuing to affect supply chains, logistics costs, and certain production inputs. Petrochemical Sector Demand is expected modest improvement in demand is anticipated, supported by better industrial activity and manufacturing indicators in major markets; meanwhile, market performance will likely remain uneven, with ongoing pressure on prices and profit margins. Q3 2026 Market Development
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9 By reading this earning release, you recognize and agree to be bound by the following limitations. This earning release has been prepared for information and background purposes only. It does not constitute or form part of, and should not be construed as, an offer of, a solicitation of an offer to buy, or an invitation to subscribe for, underwrite or otherwise acquire, any securities of YANSAB (the “Company”) or any other existing or future member of the SABIC (the “Company”) or SABIC Group (the “Group”) or any other company including Saudi Arabian Oil Co. (“Saudi Aramco”) or any other existing or future member of the Saudi Aramco Group, nor should it or any part of it form the basis of, or be relied on in connection with, any contract to purchase or subscribe for any securities of any such company or with any other contract or commitment whatsoever. This earning release does not constitute a prospectus in whole or in part, and any decision to invest in securities should be made solely on the basis of the information to be contained in a prospectus and on an independent analysis of the information contained therein. Any assumptions, views or opinions contained in this earning release represent the assumptions, views or opinions of the Company as of the date indicated and are subject to change without notice. All information not separately sourced is from Company data and estimates. Information contained in this earning release related to past performance is not an indication of future performance and is not intended to predict actual results, and no assurances are given with respect thereto. The information contained in this earning release has not been independently verified, and no representation or warranty, express or implied, is made as to the fairness, accuracy, completeness or correctness of the information contained herein, and no reliance should be placed on it. Neither the Company nor its affiliates, advisers, connected persons or any other person accepts any liability for any loss howsoever arising (in negligence or otherwise), directly or indirectly, from this earning release or its contents or otherwise arising in connection with this earning release. This shall not, however, restrict or exclude or limit any duty or liability to a person under any applicable law or regulation of any jurisdiction which may not lawfully be disclaimed. This earning release may includes statements that are, or may be deemed to be, “'forward-looking statements.” These statements often contain words such as “anticipate,” “believe,” “intend,” “estimate,” “expect” “outlook,” “will,” “will be,” “will Continue,” “would” and similar expressions, and variations or negatives of these words or phrases. All statements other than statements of historical facts included in this earning release are forward-looking statements. By their nature, such forward-looking statements involve known and unknown risks, uncertainties and other important factors that could cause the actual results, performance or achievements of the Company to be materially different from results, performance or achievements expressed or implied by such forward-looking statements. Such forward-looking statements are based on numerous assumptions regarding the Company’s present and future business strategies and the market environment in which the Company will operate in the future. These forward-looking statements speak only as of the date of this earning release. Each of the Company and its affiliates and their respective shareholders, agents, employees and advisers, expressly disclaims any obligation or undertaking to update any forward-looking statements contained herein. You are urged to consider these factors carefully in evaluating the forward-looking statements in this earning release and not to place undue reliance on such statements. This earning release is not directed to, or intended for distribution to or use by, any person or entity that is a citizen or resident or located in any locality, state, country or other jurisdiction where such distribution, publication, availability or use would be contrary to law or regulation of such jurisdiction or which would req uire any registration or licensing within such jurisdiction. Any failure to comply with these restrictions may constitute a violation of the laws of other jurisdictions. Average sales prices stated in this earning release includes FX and other factors. The information contained in this earning release is provided as of the date of this earning release and is subject to change without notice. For further information, please contact YANSAB Investor Relations at shares@yansab.sabic.com and / or visit https://www.yansab.com.sa/en. Disclaimer © 2026 Copyright by YANSAB. All rights reserved.