ACWA POWER Co. announces its Interim Financial results for the Period Ending on 2025-09-30 ( Nine Months )

Element List	Current Quarter	Similar quarter for previous year	%Change	Previous Quarter	% Change
Sales/Revenue	1,659,519	1,747,440	-5.031	1,747,464	-5.032
Gross Profit (Loss)	953,140	999,788	-4.665	714,132	33.468
Operational Profit (Loss)	557,281	976,281	-42.917	1,337,036	-58.319
Net profit (Loss)	371,167	328,099	13.126	481,826	-22.966
Total Comprehensive Income	-208,158	-2,144,360	-90.292	427,563	-
All figures are in (Thousands) Saudi Arabia, Riyals

Element List	Current Period	Similar period for previous year	%Change
Sales/Revenue	5,374,218	4,561,765	17.81
Gross Profit (Loss)	2,768,116	2,457,248	12.651
Operational Profit (Loss)	2,764,271	2,365,134	16.875
Net profit (Loss)	1,280,144	1,254,890	2.012
Total Comprehensive Income	-653,505	-312,894	108.858
Total Shareholders Equity (after Deducting Minority Equity)	28,198,511	18,520,988	52.251
Profit (Loss) per Share	1.71	1.7
All figures are in (Thousands) Saudi Arabia, Riyals

Element List	Amount	Percentage of the capital (%)
Profit (Losses) Resulting From The Change In Investment Propertie’s Fair Value	-	-
All figures are in (Thousands) Saudi Arabia, Riyals

Element List	Explanation
The reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the same quarter of the last year is	The decrease in the consolidated revenue during the current quarter compared to the same quarter of last year is due to lower development services, water output, along with other service revenue.
The reason of the increase (decrease) in the net profit during the current quarter compared to the same quarter of the last year is	Increase in net profit attributable to equity holders of the parent during the current quarter compared to the same quarter of the last year is mainly due to:

(1) Higher finance and other income

(2) Lower development costs

Which are partially offset mainly by:

(1) Lower share in net results of equity accounted investees,

(2) Higher zakat and tax charge

(3) Lower gross profitThe reason of the increase (decrease) in the sales/ revenues during the current quarter compared to the previous one is Decrease in the consolidated revenue during the current quarter compared to the previous quarter is mainly due to lower development services and lower operation & maintenance revenue from the power services partially offset by increase in operation & maintenance revenue from the water services.The reason of the increase (decrease) in the net profit (loss) during the current quarter compared to the previous one is Decrease in net profit attributable to equity holders of the parent during the current quarter compared to the previous quarter is mainly due to:

(1) Lower other operating income

(2) Higher general and administrative expenses

(3) Lower share in net results of equity accounted investees,

Which are partially offset mainly by:

(1) Lower operating cost

(2) Lower impairment loss

(3) Higher finance and other incomeThe reason of the increase (decrease) in the sales/ revenues during the current period compared to the same period of the last year is The increase in the consolidated revenue during the current period compared to the same period of last year is mainly due to higher revenue from sale of electricity.The reason of the increase (decrease) in the net profit during the current period compared to the same period of the last year is Increase in net profit attributable to equity holders of the parent during the current period compared to the same period of last year is mainly due to:

(1) Higher gross profit

(2) Lower development cost, provisions and write-offs,

(3) Higher other operating income and other income

Which are partially offset mainly by:

(1) Higher financial charges

(2) Higher impairment loss recognized

(3) Lower share in net results of equity accounted investeesStatement of the type of external auditor's report Unmodified conclusionComment mentioned in the external auditor’s report, mentioned in any of the following paragraphs (other matter, conservation, notice, disclaimer of opinion, or adverse opinion) Not applicableReclassification of Comparison Items Certain figures for the prior period have been reclassified or adjusted to conform to the presentation in the current period.

Summary of reclassifications are as follows:

• Reclassification from Accounts receivable, prepayments and other receivables to Other assets (non-current) of SAR 296.32 million.

• Reclassification of transaction cost on initial public offering (IPO) from share capital to share premium amounting to SAR 176.9 million.Additional Information A comprehensive Investor Report comprising the Company’s Interim condensed consolidated financial statements and the independent auditor’s review report for the period ended 30 September 2025, along with the CEO’s letter to shareholders and a management discussion and analysis of the financial results, is available on ACWA’s Power’s Investor Relations website at https://acwapower.com/en/investor-relations/overview/. The company will hold an investor conference call on 3 Nov 2025 at 16:00 KSA time, (13:00 GMT) following the close of trading on Tadawul.Attached Documents

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