ALPEK (ALPEKA) Institutional presentation summary

Market leadership and business segments

• Holds top positions in polyester, plastics & chemicals, and emerging businesses, with 2025 revenues of $6.6B USD and 71% of sales from polyester products.

• Operates in 9 countries with 30 plants and over 5,000 employees, focusing on PET resin, sheet, EPS, and recycled PET.

• End-markets are resilient, with 87% of volume in food, beverage, and consumer goods; 95% of sales are dollar-based and 64% are outside Mexico.

Strategic initiatives and operational performance

• Multi-year strategy focuses on strengthening core business, growing value-added products, and maintaining financial flexibility.

• Recent actions include footprint optimization, cost reduction, asset sales, and expansion into Brazil and energy commercialization.

• 2026 initiatives prioritized competitive asset optimization, high-value product expansion, and strong balance sheet management, achieving a leverage ratio of 2.2x ahead of schedule.

Financial results and guidance

• 2025 revenues reached $6.6B, with 2026 YTD sales volume at 4.38M tons and comparable EBITDA guidance revised to $750–800M.

• Operating free cash flow for 2026 YTD is $217M, with disciplined debt reduction and net debt at $1.66B.

• CAPEX for 2026 is projected at $150M, and dividend payments are suspended to maintain leverage targets.