# EDGAR Filing Document

**Accession Number:** 0001762506
**File Stem:** 0001193125-26-191639
**Filing Date:** 2026-4
**Character Count:** 97092
**Document Hash:** 21733f8c70447ca3cdbb4f5d0184098b
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-26-191639.hdr.sgml**: 20260429

**ACCESSION NUMBER**: 0001193125-26-191639

**CONFORMED SUBMISSION TYPE**: 6-K

**PUBLIC DOCUMENT COUNT**: 4

**CONFORMED PERIOD OF REPORT**: 20260429

**FILED AS OF DATE**: 20260429

**DATE AS OF CHANGE**: 20260429

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Vista Energy, S.A.B. de C.V.
- **CENTRAL INDEX KEY:** 0001762506
- **STANDARD INDUSTRIAL CLASSIFICATION:** CRUDE PETROLEUM & NATURAL GAS [1311]
- **ORGANIZATION NAME:** 01 Energy & Transportation
- **EIN:** 000000000
- **STATE OF INCORPORATION:** O5
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 6-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-39000
- **FILM NUMBER:** 26916257

**BUSINESS ADDRESS:**
- **ADDRESS IS A NON US LOCATION:** YES
- **STREET 1:** TORRE MAPFRE
- **STREET 2:** 243 PASEO DE LA REFORMA AV, 18 FL
- **CITY:** MEXICO CITY
- **NON US STATE TERRITORY:** CUAUHTEMOC ALCALDIA CUAUHTEMOC
- **PROVINCE COUNTRY:** O5
- **ZIP:** 06500
- **BUSINESS PHONE:** 52-55-9177-2038

**MAIL ADDRESS:**
- **ADDRESS IS A NON US LOCATION:** YES
- **STREET 1:** TORRE MAPFRE
- **STREET 2:** 243 PASEO DE LA REFORMA AV, 18 FL
- **CITY:** MEXICO CITY
- **NON US STATE TERRITORY:** CUAUHTEMOC ALCALDIA CUAUHTEMOC
- **PROVINCE COUNTRY:** O5
- **ZIP:** 06500

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Vista Oil & Gas, S.A.B. de C.V.
- **DATE OF NAME CHANGE:** 20181219

**UNITED STATES** 

**SECURITIES AND EXCHANGE COMMISSION** 

**Washington, D.C. 20549** 

**FORM 6-K**

**REPORT OF FOREIGN ISSUER** 

**PURSUANT TO RULE 13a-16 OR 15d-16**

**UNDER SECURITIES EXCHANGE ACT OF 1934** 

**For the month of April 2026** 

**Commission File No. 001-39000**

## Vista Energy, S.A.B. de C.V.
**(Exact Name of the Registrant as Specified in the Charter)** 

**N.A.** 

**(Translation of Registrant's Name into English)** 

**Torre Mapfre,** 

**243 Paseo de la Reforma Avenue, 18th Floor** 

**Cuauhtémoc, Alcaldía Cuauhtémoc** 

**06500, Mexico City** 

**Mexico** 

**(Address of Principal Executive Office)** 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

Form 20-F ☒ Form 40-F ☐

------

![LOGO](g109013g0428023941868.jpg)

**Contents of this Form 6-K** 

This Form 6-K for Vista Energy, S.A.B. de C.V. ("Vista" or the "Company") contains the following exhibit:

**[Exhibit 1](d109013dex1.htm)**[: Unaudited interim condensed consolidated financial statements as of March 31, 2026 and December 31, 2025 and for the three-month periods ended March 31, 2026 and 2025.](d109013dex1.htm)

**Forward-Looking Statements** 

Any statements contained herein or in the attachments hereto regarding Vista that are not historical or current facts are forward-looking statements. These forward-looking statements convey Vista's current expectations or forecasts of future events. Vista undertakes no obligation to publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of anticipated events. Forward-looking statements regarding Vista involve known and unknown risks, uncertainties and other factors that may cause Vista's actual results, performance or achievements to be materially different from any future results, performances or achievements expressed or implied by the forward-looking statements. Certain of these risks and uncertainties are described in the "Risk Factors," "Forward-Looking Statements" and other applicable sections of Vista's annual report filed with the SEC on Form 20-F and other applicable filings with the SEC and Vista's latest annual report available on the Mexican Stock Exchange's (*Bolsa Mexicana de Valores, S.A.B. de C.V.*) website: www.bmv.com.mx, the Mexican National Banking and Securities Commission's (*Comisión Nacional Bancaria y de Valores*) website: www.gob.mx/cnbv and our website: www.vistaenergy.com.

**Enquiries:** 

Investor Relations:

ir@vistaenergy.com

Argentina: +54 11 3754 8500

Mexico: + 52 55 1555 7104

------

**SIGNATURE** 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

Date: April 29, 2026

---

| | |
|:---|:---|
| **VISTA ENERGY, S.A.B. DE C.V.** | **VISTA ENERGY, S.A.B. DE C.V.** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;By: | /s/ Alejandro Cherñacov |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Name: | Alejandro Cherñacov |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Title: | Strategic Planning and Investor Relations Officer |

---

## Ex-1

**Exhibit 1**![LOGO](g109013g0428025609716.jpg)

**VISTA ENERGY, S.A.B. DE C.V.** 

Unaudited interim condensed consolidated financial statements as of March 31, 2026 and

December 31, 2025 and for the three-month periods ended March 31, 2026 and 2025

------

**VISTA ENERGY, S.A.B. DE C.V.** 

**Unaudited interim condensed consolidated financial statements as of March 31, 2026 and December 31, 2025 and for the three-month periods ended March 31, 2026 and 2025** 

**TABLE OF CONTENTS** 

• Unaudited interim condensed consolidated statements of profit or loss and other comprehensive income for the three-month periods ended March 31, 2026 and 2025

• Unaudited interim condensed consolidated statements of financial position as of March 31, 2026 and December 31, 2025

• Unaudited interim condensed consolidated statements of changes in equity for the three-month periods ended March 31, 2026 and 2025

• Unaudited interim condensed consolidated statements of cash flows for the three-month periods ended March 31, 2026 and 2025

• Notes to the unaudited interim condensed consolidated financial statements as of March 31, 2026 and December 31, 2025 and for the three-month periods ended March 31, 2026 and 2025

------

**VISTA ENERGY, S.A.B. DE C.V.** 

**Unaudited interim condensed consolidated statements of profit or loss and other comprehensive income for the three-month periods ended March 31, 2026 and 2025** 

(Amounts expressed in thousands of US Dollars)

---

| | | | |
|:---|:---|:---|:---|
|  | **Notes** | **Period from**<br>**January 1, through**<br>**March 31, 2026** | **Period from**<br>**January 1, through**<br>**March 31, 2025** |
|  Revenue from contracts with customers | **4** | 865012 | 438456 |
|  Cost of sales: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Operating costs | **5.1** | (52319) | (34064) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Crude oil stock fluctuation | **5.2** | (187) | 9032 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Royalties and others | **5.3** | (95857) | (68254) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Purchases of crude oil |  | (9569) |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Depreciation, depletion and amortization | **11/12/13** | (229726) | (125977) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Other non-cash costs related to the transfer of conventional assets | **15** | (4997) | (7240) |
|  **Gross profit** |  | **472357** | **211953** |
|  Selling expenses | **6** | (66157) | (46768) |
|  General and administrative expenses | **7** | (41326) | (28031) |
|  Exploration expenses |  |  | (180) |
|  Other operating income | **8.1** | 2811 | 6409 |
|  Other operating expenses | **8.2** | (1385) | (1192) |
|  Commodity risk management contracts | **2.4.3** | (150712) |  |
|  **Operating profit** |  | **215588** | **142191** |
|  Income (loss) from investments in associates | **17** | (3701) |  |
|  Interest income | **9.1** | 3180 | 1056 |
|  Interest expense | **9.2** | (54885) | (24281) |
|  Other financial income (expense) | **9.3** | (16653) | 15992 |
|  **Financial income (expense), net** |  | **(68358)** | **(7233)** |
|  **Profit before income tax** |  | **143529** | **134958** |
|  Current income tax (expense) | **14** | (55506) | (66322) |
|  Deferred income tax benefit | **14** | 19690 | 14157 |
|  **Income tax (expense)** |  | **(35816)** | **(52165)** |
|  **Profit for the period, net** |  | **107713** | **82793** |
|  **Other comprehensive income** |  |  |  |
|  *Other comprehensive income that shall not be reclassified to profit (loss) in subsequent periods* |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; - (Loss) from actuarial remeasurement related to employee benefits | **25** | (13) | (22) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; - Deferred income tax benefit | **14** | 5 | 7 |
|  **Other comprehensive income for the period** |  | **(8)** | **(15)** |
|  **Total comprehensive profit for the period** |  | **107705** | **82778** |
|  **Earnings per share** |  |  |  |
|  Basic (in US Dollars per share) | **10.1** | **1.030** | **0.858** |
|  Diluted (in US Dollars per share) | **10.2** | **0.977** | **0.821** |

---

Notes 1 through 31 are an integral part of these unaudited interim condensed consolidated financial statements.

------

**VISTA ENERGY, S.A.B. DE C.V.** 

**Unaudited interim condensed consolidated statements of financial position as of March 31, 2026 and December 31, 2025** 

(Amounts expressed in thousands of US Dollars)

---

| | | | |
|:---|:---|:---|:---|
|  | **Notes** | **As of March 31, 2026** | **As of December 31, 2025** |
|  **Assets** |  |  |  |
|  **Noncurrent assets** |  |  |  |
|  Property, plant and equipment | **11** | 5708121 | 5543032 |
|  Goodwill | **12** | 22576 | 22576 |
|  Other intangible assets | **12** | 16044 | 18485 |
|  Right-of-use assets | **13** | 138259 | 153283 |
|  Biological assets |  | 17673 | 15855 |
|  Investments in associates | **17** | 63116 | 54542 |
|  Trade and other receivables | **15** | 365142 | 373026 |
|  Deferred income tax assets |  | 36514 | 36514 |
|  **Total noncurrent assets** |  | **6367445** | **6217313** |
|  **Current assets** |  |  |  |
|  Inventories | **18** | 9710 | 9457 |
|  Trade and other receivables | **15** | 728055 | 347681 |
|  Cash, bank balances and other short-term investments | **19** | 615142 | 538402 |
|  **Total current assets** |  | **1352907** | **895540** |
|  **Total assets** |  | **7720352** | **7112853** |
|  **Equity and liabilities** |  |  |  |
|  **Equity** |  |  |  |
|  Capital stock | **20.1** | 491166 | 491165 |
|  Other equity instruments |  | 32144 | 32144 |
|  Legal reserve |  | 8233 | 8233 |
|  Share-based payments |  | (52576) | (32765) |
|  Share repurchase reserve |  | 179324 | 179324 |
|  Other accumulated comprehensive income (losses) |  | (11042) | (11034) |
|  Accumulated profit (losses) |  | 1952240 | 1844527 |
|  **Total equity** |  | **2599489** | **2511594** |
|  **Liabilities** |  |  |  |
|  **Noncurrent liabilities** |  |  |  |
|  Deferred income tax liabilities |  | 278969 | 298664 |
|  Lease liabilities | **13** | 77677 | 88451 |
|  Provisions | **21** | 55786 | 51513 |
|  Borrowings | **16.1** | 2624921 | 2803982 |
|  Employee benefits | **25** | 16324 | 16226 |
|  Income tax liability |  | 14510 | 13964 |
|  Trade and other payables | **24** | 293779 | 292236 |
|  **Total noncurrent liabilities** |  | **3361966** | **3565036** |
|  **Current liabilities** |  |  |  |
|  Provisions | **21** | 9726 | 10800 |
|  Lease liabilities | **13** | 50783 | 55452 |
|  Borrowings | **16.1** | 1017360 | 350095 |
|  Salaries and payroll taxes | **22** | 12993 | 35891 |
|  Income tax liability |  | 96075 | 120910 |
|  Other taxes and royalties | **23** | 61151 | 43945 |
|  Trade and other payables | **24** | 510809 | 419130 |
|  **Total current liabilities** |  | **1758897** | **1036223** |
|  **Total liabilities** |  | **5120863** | **4601259** |
|  **Total equity and liabilities** |  | **7720352** | **7112853** |

---

Notes 1 through 31 are an integral part of these unaudited interim condensed consolidated financial statements.

------

**VISTA ENERGY, S.A.B. DE C.V.** 

**Unaudited interim condensed consolidated statement of changes in equity for the three-month period ended March 31, 2026** 

(Amounts expressed in thousands of US Dollars)

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **Capital<br>stock** | **Other equity<br>instruments** | **Legal**<br>**reserve** | **Share-based<br>payments** | **Share<br>repurchase<br>reserve** | **Other<br>accumulated<br>comprehensive<br>income (losses)** | **Accumulated<br>profit (losses)** | **Total equity** |
|  **Amounts as of December 31, 2025** | **491165** | **32144** | **8233** | **(32765)** | **179324** | **(11034)** | **1844527** | **2511594** |
|  Profit for the period, net |  |  |  |  |  |  | 107713 | 107713 |
|  Other comprehensive income for the period |  |  |  |  |  | (8) |  | (8) |
|  **Total comprehensive income** |  |  |  |  |  | **(8)** | **107713** | **107705** |
|  Share-based payments | 1 |  |  | (19811)<sup>(1)</sup> |  |  |  | **(19810)** |
|  **Amounts as of March 31, 2026** | **491166** | **32144** | **8233** | **(52576)** | **179324** | **(11042)** | **1952240** | **2599489** |

---

<sup>(1)</sup> Including 18,786 of expenses (Note 7).

Notes 1 through 31 are an integral part of these unaudited interim condensed consolidated financial statements.

------

**VISTA ENERGY, S.A.B. DE C.V.** 

**Unaudited interim condensed consolidated statement of changes in equity for the three-month period ended March 31, 2025** 

(Amounts expressed in thousands of US Dollars)

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **Capital stock** | **Other equity<br>instruments** | **Legal**<br>**reserve** | **Share-based<br>payments** | **Share<br>repurchase<br>reserve** | **Other<br>accumulated<br>comprehensive<br>income (losses)** | **Accumulated<br>profit (losses)** | **Total equity** |
|  **Amounts as of December 31, 2024** | **398064** | **32144** | **8233** | **45628** | **129324** | **(11057)** | **1018877** | **1621213** |
|  Profit for the period, net |  |  |  |  |  |  | 82793 | **82793** |
|  Other comprehensive income for the period |  |  |  |  |  | (15) |  | **(15)** |
|  **Total comprehensive income** | **—** | **—** | **—** | **—** | **—** | **(15)** | **82793** | **82778** |
|  Share-based payments | 1 |  |  | (61894)<sup>(1)</sup> |  |  |  | **(61893)** |
|  **Amounts as of March 31, 2025** | **398065** | **32144** | **8233** | **(16266)** | **129324** | **(11072)** | **1101670** | **1642098** |

---

<sup>(1)</sup> Including 10,215 of expenses (Note 7).

Notes 1 through 31 are an integral part of these unaudited interim condensed consolidated financial statements.

------

**VISTA ENERGY, S.A.B. DE C.V.** 

**Unaudited interim condensed consolidated statements of cash flows for the three-month periods ended March 31, 2026 and 2025** 

(Amounts expressed in thousands of US Dollars)

---

| | | | |
|:---|:---|:---|:---|
|  | **Notes** | **Period from<br>January 1, through<br>March 31, 2026** | **Period from<br>January 1, through<br>March 31, 2025** |
|  **Cash flows from operating activities:** |  |  |  |
|  Profit for the period, net |  | 107713 | 82793 |
|  **Adjustments to reconcile net cash flows** |  |  |  |
|  Items related to operating activities: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Allowance for expected credit losses | **6** | 26 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Share-based payments | **7** | 18786 | 10215 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Net increase in provisions | **8.2** | 856 | 1192 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Net changes in foreign exchange rate | **9.3** | 4418 | (12744) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discount of assets and liabilities at present value | **9.3** | 8495 | 1154 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Discount for well plugging and abandonment | **9.3** | 808 | 426 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Income tax expense | **14** | 35816 | 52165 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Other non-cash costs related to the transfer of conventional assets | **15** | 4997 | 7240 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Employee benefits | **25** | 205 | 198 |
|  Items related to investing activities: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Interest income | **9.1** | (3180) | (1056) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Changes in the fair value of financial assets | **9.3** | (3489) | (8998) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Depreciation and depletion | **11/13** | 227285 | 123830 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Amortization of intangible assets | **12** | 2441 | 2147 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Income (loss) from investment in associates | **17** | 3701 |  |
|  Items related to financing activities: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Interest expense | **9.2** | 54885 | 24281 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Amortized cost | **9.3** | 1271 | 467 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Interest expense on lease liabilities | **9.3** | 868 | 806 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Other taxes interest | **9.3** | 870 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Other financial income/expense | **9.3** | 3412 | 2897 |
|  **Changes in working capital:** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Trade and other receivables |  | (338960) | (19871) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Inventories | **5.2** | 187 | (9032) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Trade and other payables |  | 68717 | (72372) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Payments of employee benefits | **25** | (120) | (139) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Salaries and payroll taxes |  | (40816) | (77445) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Other taxes and royalties |  | (10053) | (35959) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Provisions | **8.2** | (2085) | (638) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Income tax payment |  | (61381) | (5151) |
|  **Net cash flows provided by operating activities** |  | **85673** | **66406** |

---

------

**VISTA ENERGY, S.A.B. DE C.V.** 

**Unaudited interim condensed consolidated statements of cash flows for the three-month periods ended March 31, 2026 and 2025** 

(Amounts expressed in thousands of US Dollars)

---

| | | | |
|:---|:---|:---|:---|
|  | **Notes** | **Period from<br>January 1, through<br>March 31, 2026** | **Period from<br>January 1, through<br>March 31, 2025** |
|  **Cash flows from investing activities:** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Payments for acquisitions of property, plant and equipment and biological assets |  | (338241) | (286155) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Proceeds from the transfer of conventional assets | **15** |  | 5734 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Payments for acquisitions of other intangible assets |  |  | (1875) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Payments for acquisitions of investments in associates | **17** | (12275) | (28651) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Payments related to the Business Acquisition | **1.2.1/15** | (79742) |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Interest received | **9.1** | 3180 | 1056 |
|  **Net cash flows (used in) investing activities** |  | **(427078)** | **(309891)** |
|  **Cash flows from financing activities:** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Proceeds from borrowings | **16.2** | 589500 | 341347 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Payment of borrowings principal | **16.2** | (129538) | (98594) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Payment of borrowings interest | **16.2** | (26868) | (10566) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Payment of borrowings cost | **16.2** | (1004) | (608) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Payments of other taxes interest | **9.3** | (870) |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (Payment of) proceeds from other financial income (expense) | **9.3** | (3412) | 3278 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Payment of lease | **13** | (18715) | (23074) |
|  **Net cash flow provided by financing activities** |  | **409093** | **211783** |
|  **Net increase (decrease) in cash and cash equivalents** |  | **67688** | **(31702)** |
|  Cash and cash equivalents at beginning of period | **19** | 526184 | 755610 |
|  Effect of exposure to changes in the foreign currency rate and other financial results of cash and cash equivalents |  | (7568) | 9495 |
|  Net increase (decrease) in cash and cash equivalents |  | 67688 | (31702) |
|  **Cash and cash equivalents at end of period** | **19** | **586304** | **733403** |
|  **Significant transactions that generated no cash flows** |  |  |  |
|  Acquisition of property, plant and equipment through increase in trade and other payables |  | 349097 | 309818 |
|  Changes in well plugging and abandonment with an impact in property, plant and equipment | **11** | 3922 | (4715) |
|  Acquisition of property, plant and equipment through increase in trade and other payables related to the Farmout Agreement |  |  | 109538 |

---

Notes 1 through 31 are an integral part of these unaudited interim condensed consolidated financial statements.

------

**VISTA ENERGY, S.A.B. DE C.V.** 

**Notes to the unaudited interim condensed consolidated financial statements as of March 31, 2026 and December 31, 2025 and for the three-month periods ended March 31, 2026 and 2025** 

(Amounts expressed in thousands of US Dollars, except otherwise indicated)

**Note 1. Group information** 

**1.1 Company general information** 

Vista Energy, S.A.B. de C.V. ("VISTA", the "Company" or the "Group"), was organized as a variable-capital stock company on March 22, 2017, under the laws of the United Mexican States ("Mexico"). The Company adopted the public corporation or "*Sociedad Anónima Bursátil de Capital Variable" ("S.A.B. de C.V.")* on July 28, 2017.

It is listed on the New York Stock Exchange ("NYSE") under ticker symbol "VIST" as from July 26, 2019.

Its main office is located in City of Mexico, Mexico, at Mapfre Tower, Paseo de la Reforma Avenue 243, 18th floor, Colonia Cuauhtémoc, Alcaldía Cuauhtémoc, zip code 06500.

As of March 31, 2026, and December 31, 2025, the Company's main activity, through its subsidiaries, is the exploration and production of crude oil and natural gas ("Upstream").

Except as mentioned in Notes 1.2 and 30, there were no significant changes in the Group's structure and activities as from the date of issuance of the annual consolidated financial statements as of December 31, 2025.

**1.2 Significant transactions for the period** 

**1.2.1 Acquisition of Equinor Argentina S.A.U. ("Equinor") and Bajo del Toro block (the "Business Acquisition")** 

On February 2, 2026, the Company and its subsidiary Vista Argentina, entered into a series of agreements through the following transactions: (i) the acquisition of 100% of the capital stock of Equinor, holder of a 30% working interest in the Bandurria Sur block; (ii) the acquisition of a 50% working interest in the Bajo del Toro block from Equinor Argentina B.V. Sucursal Argentina; and then (iii) the sale of 16.3% of the capital stock of Equinor to YPF S.A. ("YPF"), implying an indirect assignment of a 4.9% working interest of Bandurria Sur; and (iv) the assignment of a 15% working interest of Bajo del Toro block to YPF.

Under the terms of the mentioned transaction, the net price will be paid as follows: (i) 387,000 in cash (550,000 of payments net of 163,000 to be collected from YPF); and (ii) the delivery of 6,223,220 American Depositary Shares representing Vista's Series A shares ("ADSs"). Such price shall be subject to cash, debt, working capital, contributions, leakages and other customary adjustments.

Additionally, the consideration provides for a contingent price payable, if applicable, in five annual installments, without accruing interest, calculated based on the annual working interest production of the assets multiplied by a price per barrel ("bbl") equal to the average Brent price of the preceding year minus 65 USD/bbl, with no payment due at or below 65 USD/bbl Brent and a cap of 15 USD/bbl at or above 80 USD/bbl Brent.

As of the date of issuance of these unaudited interim condensed consolidated financial statements the Business Acquisition has not yet closed.

For the three-month period ended March 31, 2026, the Company made payments for a net amount of 79,742 related to a security deposit for the Business Acquisition and other associated costs (Note 15).

------

**VISTA ENERGY, S.A.B. DE C.V.** 

**Notes to the unaudited interim condensed consolidated financial statements as of March 31, 2026 and December 31, 2025 and for the three-month periods ended March 31, 2026 and 2025**

(Amounts expressed in thousands of US Dollars, except otherwise indicated)

**Note 2. Basis of preparation and material accounting policies** 

**2.1 Basis of preparation and presentation** 

These unaudited interim condensed consolidated financial statements as of March 31, 2026 and December 31, 2025, and for the three-month periods ended March 31, 2026 and 2025 were prepared in accordance with the International Accounting Standard ("IAS") 34 – "Interim Financial Reporting", issued by the International Accounting Standards Board ("IASB"). The Company prepared its interim financial statements on a condensed basis pursuant to IAS 34. Certain explanatory notes are included to describe the events and transactions that are relevant to understand the changes in the financial position as of March 31, 2026, and the results of operations for the three-month period ended March 31, 2026. Therefore, these unaudited interim condensed consolidated financial statements do not include all the information and disclosures required in the annual financial statements and should be read together with the annual consolidated financial statements as of December 31, 2025.

These unaudited interim condensed consolidated financial statements were prepared using the same accounting policies as used in preparing the Company's annual consolidated financial statements as of December 31, 2025, except for the income tax expense that is recognized in each interim period based on the best estimate of the weighted average annual income tax rate expected for the full financial year.

They were prepared on a historical cost basis, except for certain financial assets and liabilities that were measured at fair value. The figures contained herein are stated in US Dollars ("USD") and are rounded to the nearest thousand, unless otherwise stated.

These unaudited interim condensed consolidated financial statements were approved for publication by the Board of Directors on April 29, 2026 and the subsequent events through that date are considered (Note 30).

**2.2 New effective accounting standards, amendments and interpretations issued by the IASB adopted by the Company** 

The Group has not early adopted any standard, interpretation or amendment that has been issued but is not yet effective.

None of the accounting pronouncements applicable after December 31, 2025, and as of the date of these unaudited interim condensed consolidated financial statements had a material effect on the Company's financial condition or result of its operations.

**2.3 Basis of consolidation** 

These unaudited interim condensed consolidated financial statements contain the financial statements of the Company and its subsidiaries. Except as mentioned in Notes 1.2 and 30, there were no other significant changes in interest in Company subsidiaries during the three-month period ended March 31, 2026.

**2.4 Summary of material accounting policies** 

**2.4.1 Impairment of goodwill and property, plant and equipment, right-of-use assets and other intangible assets ("long-lived assets") other than goodwill** 

Long-lived assets are tested for impairment at the lowest level in which there are separately identifiable cash flows largely independent of the cash flows of other Cash Generating Units ("CGUs").

The Company conducts its impairment test of long-lived assets when there is an indication that the carrying amount may be impaired. Moreover, Goodwill is tested every December. The Company bases the impairment test on the calculation of value in use and reviews the relationship between the recoverable amount and the carrying amount of its assets.

As of March 31, 2026 and 2025, the Company did not identify trigger events related to goodwill and long-lived assets other than goodwill.

See Note 3.2.2 to the annual consolidated financial statements as of December 31, 2025.

------

**VISTA ENERGY, S.A.B. DE C.V.** 

**Notes to the unaudited interim condensed consolidated financial statements as of March 31, 2026 and December 31, 2025 and for the three-month periods ended March 31, 2026 and 2025**

(Amounts expressed in thousands of US Dollars, except otherwise indicated)

**2.4.2 Business combination** 

The acquisition method is used to book business combinations, regardless of whether equity instruments or other assets are acquired. The consideration transferred for these acquisitions comprises:

(i) The fair value of transferred assets;

(ii) The liabilities incurred to former owners of the acquired business;

(iii) The equity interests issued by the Company;

(iv) The fair value of any asset or liability from a contingent consideration arrangement; and

(v) The fair value of any previously held equity interest in the subsidiary.

Identifiable assets acquired and liabilities assumed in a business combination are initially measured at fair values at the acquisition date.

The costs related to the acquisition are booked as incurred expenses. Goodwill is an excess of:

(i) The consideration transferred; and

(ii) The fair value of net identifiable assets acquired.

If the fair value of the acquiree's net identifiable assets exceeds these amounts, before recognizing profit, the Company reassesses whether it has correctly identified all assets acquired and liabilities assumed, reviewing the procedures employed to measure the amounts to be recognized at the acquisition date. If the assessment still results in excess of the fair value of net assets acquired in relation to the total consideration transferred, gain from a bargain purchase is recognized directly in the consolidated statements of profit or loss and other comprehensive income, under "Gain from Business Combination" within "Other operating income".

When the settlement of any cash consideration is deferred, the future amounts payable is discounted at their present value at the exchange date. The discount rate used is the entity's incremental borrowing rate, being the rate at which a similar borrowing could be obtained under comparable terms and conditions.

Contingent consideration will be recognized at its fair value at the acquisition date. Contingent consideration is classified as equity or as a financial liability. The amounts classified as a financial liability are remeasured at fair value with changes in fair value through the consolidated statements of profit or loss and other comprehensive income. Contingent consideration classified as equity is not remeasured and its subsequent settlement is accounted for within equity.

When the Company acquires a business, it assesses the financial assets acquired and liabilities incurred in relation to its adequate classification and designation according to contractual terms, economic circumstances and relevant conditions as of the acquisition date.

Oil reserves and resources acquired that may be measured reliably are recognized separately at fair value upon the acquisition.

Other potential reserves, resources and rights, which fair values cannot be measured reliability, are not recognized separately but are considered part of goodwill.

If the business combination is performed in stages, the previously held equity interest in the acquiree is measured at acquisition-date fair value. Profit or loss from such remeasurement is recognized in the consolidated statements of profit or loss and other comprehensive income.

The Company has a maximum period of 12 months from the date of acquisition to finalize the acquisition accounting. When it is incomplete as of the end of the year in which the business combination takes place, the Company reports provisional amounts.

During the three-month period ended March 31, 2026, the Company didn't carry out business combination. During the year ended December 31, 2025 the Company recognized the acquisition of Vista Energy Lach S.A. ("Vista Lach") as a business combination ("Business Combination"). See Notes 1.2.2 and 32 to the annual consolidated financial statements as of December 31, 2025.

------

**VISTA ENERGY, S.A.B. DE C.V.** 

**Notes to the unaudited interim condensed consolidated financial statements as of March 31, 2026 and December 31, 2025 and for the three-month periods ended March 31, 2026 and 2025**

(Amounts expressed in thousands of US Dollars, except otherwise indicated)

**2.4.3 Commodity risk management contracts** 

The Company has entered into derivative financial instruments to manage its exposure to oil price fluctuation, only for the short term, on a quarterly basis. During the three-month period ended March 31, 2026, these instruments consisted primarily of ICE Brent futures and fixed-price swaps. The derivatives were executed through international brokers, including exchange-cleared accounts and bilateral agreements under ISDA Master Agreements with financial institutions.

The Company's derivatives are accounted for as non-hedge derivatives and therefore all changes in the fair values of its derivative contracts are recognized as gains or losses in the results of the periods in which they occur.

For the three-month period ended March 31, 2026, the Company recorded a loss of 150,712 related to the commodity risk management contracts.

**2.5 Regulatory framework** 

**A- Argentina** 

**2.5.1 Regulatory framework for oil and gas activity** 

<u>(i) Decree No. 105/2026</u> 

On February 19, 2026, Decree No. 105/2026 was published in the Official Bulletin, establishing a one-year extension as from July 8, 2026, to join the Incentive Regime for Large Investments (the "RIGI" by Spanish acronym). The decree includes onshore upstream crude oil and natural gas development projects as eligible promoted activities.

The minimum investment amount is set at 600,000. Qualifying projects must be located in areas with no significant development and must ensure segregation and traceability through a separate measurement system in cases where qualifying and non-qualifying activities coexist. As of the date of issuance of these unaudited interim condensed consolidated financial statements, the Company is assessing whether this regulation applies to its projects.

Other than mentioned above, there have been no significant changes in Argentina's regulatory framework during the three-month period ended March 31, 2026 (See Note 2.5 to the annual consolidated financial statements as of December 31, 2025).

**B- Mexico** 

**2.5.2 Exploration and production activities regulatory framework** 

There have been no significant changes in Mexico's regulatory framework during the three-month period ended March 31, 2026 (See Note 2.5 to the annual consolidated financial statements as of December 31, 2025).

**Note 3. Segment information** 

The Chief Operating Decision Maker (the "Committee" or "CODM") is in charge of allocating resources and assessing the performance of the operating segment. It supervises operating profit (loss), and the performance of the indicators related to its oil and gas properties on an aggregate basis to make decisions regarding the location of resources, negotiate with international suppliers and determine the method for managing contracts with customers.

The CODM considers as a single segment the exploration and production of crude oil, natural gas and Liquefied Petroleum Gas ("LPG") (including Exploration and Production commercial activities), through its own activities, subsidiaries and interests in joint operations and based on the nature of the business, customer portfolio and risks involved. The Company aggregated no segment as it has only one.

For the three-month period ended March 31, 2026, the Company generated 100% of its revenues related to assets located in Argentina.

The accounting criteria used by the subsidiaries to measure profit or loss, assets and liabilities of the segments are consistent with those used in these unaudited interim condensed consolidated financial statements.

------

**VISTA ENERGY, S.A.B. DE C.V.** 

**Notes to the unaudited interim condensed consolidated financial statements as of March 31, 2026 and December 31, 2025 and for the three-month periods ended March 31, 2026 and 2025**

(Amounts expressed in thousands of US Dollars, except otherwise indicated)

**Note 4. Revenue from contracts with customers** 

---

| | | |
|:---|:---|:---|
|  | **Period from January 1,<br>through March 31, 2026** | **Period from January 1,**<br>**through March 31, 2025** |
|  Goods and services sold | 865012 | 438456 |
|  **Total revenue from contracts with customers** | **865012** | **438456** |
|  **Recognized at a point in time** | **865012** | **438456** |

---

**4.1 Information broken down by revenue from contracts with customers** 

---

| | | |
|:---|:---|:---|
| **Type of products** | **Period from January 1,<br>through March 31, 2026** | **Period from January 1,**<br>**through March 31, 2025** |
|  Revenues from crude oil sales | 845183 | 422970 |
|  Revenues from natural gas sales | 18268 | 13619 |
|  Revenues from LPG sales | 1561 | 1867 |
|  **Total revenue from contracts with customers** | **865012** | **438456** |

---

---

| | | |
|:---|:---|:---|
| **Distribution channels** | **Period from January 1,<br>through March 31, 2026** | **Period from January 1,**<br>**through March 31, 2025** |
|  Exports of crude oil <sup>(1)</sup> | 622898 | 236699 |
|  Local crude oil | 222285 | 186271 |
|  Local natural gas | 15734 | 10361 |
|  Exports of natural gas | 2534 | 3258 |
|  LPG sales | 1561 | 1867 |
|  **Total revenue from contracts with customers** | **865012** | **438456** |

---

<sup>(1)</sup> For the three-month period ended March 31, 2026 including 4,676 of sea freight services.

**Note 5. Cost of sales** 

**5.1 Operating costs** 

---

| | | |
|:---|:---|:---|
|  | **Period from January 1,<br>through March 31, 2026** | **Period from January 1,**<br>**through March 31, 2025** |
|  Fees and compensation for services | 31716 | 17968 |
|  Salaries and payroll taxes | 9718 | 7233 |
|  Employee benefits | 3239 | 3014 |
|  Consumption of materials and spare parts | 2470 | 1185 |
|  Easements and fees | 1964 | 2087 |
|  Transport | 1751 | 676 |
|  Other | 1461 | 1901 |
|  **Total operating costs** | **52319** | **34064** |

---

**5.2 Crude oil stock fluctuation** 

---

| | | |
|:---|:---|:---|
|  | **Period from January 1,<br>through March 31, 2026** | **Period from January 1,**<br>**through March 31, 2025** |
|  Crude oil stock at beginning of the period (Note 18) | 6881 | 4384 |
|  Less: Crude oil stock at end of the period (Note 18) | (6694) | (13416) |
|  **Total crude oil stock fluctuation** | **187** | **(9032)** |

---

**5.3 Royalties and others** 

---

| | | |
|:---|:---|:---|
|  | **Period from January 1,<br>through March 31, 2026** | **Period from January 1,**<br>**through March 31, 2025** |
|  Royalties | 72079 | 50629 |
|  Export duties | 23778 | 17625 |
|  **Total royalties and others** | **95857** | **68254** |

---

------

**VISTA ENERGY, S.A.B. DE C.V.** 

**Notes to the unaudited interim condensed consolidated financial statements as of March 31, 2026 and December 31, 2025 and for the three-month periods ended March 31, 2026 and 2025**

(Amounts expressed in thousands of US Dollars, except otherwise indicated)

**Note 6. Selling expenses** 

---

| | | |
|:---|:---|:---|
|  | **Period from January 1,<br>through March 31, 2026** | **Period from January 1,**<br>**through March 31, 2025** |
|  Transport | 27775 | 33484 |
|  Sea freight | 19955 |  |
|  Fees and compensation for services | 7800 | 5119 |
|  Taxes, rates and contributions | 7534 | 6027 |
|  Tax on bank account transactions | 3067 | 2138 |
|  Allowances for expected credit losses | 26 |  |
|  **Total selling expenses** | **66157** | **46768** |

---

**Note 7. General and administrative expenses** 

---

| | | |
|:---|:---|:---|
|  | **Period from January 1,<br>through March 31, 2026** | **Period from January 1,**<br>**through March 31, 2025** |
|  Share-based payments | 18786 | 10215 |
|  Salaries and payroll taxes | 8463 | 10250 |
|  Fees and compensation for services | 6705 | 5202 |
|  Personal assets tax | 3237 |  |
|  Employee benefits | 1384 | 1521 |
|  Taxes, rates and contributions | 545 | 119 |
|  Institutional promotion and advertising | 435 | 515 |
|  Other | 1771 | 209 |
|  **Total general and administrative expenses** | **41326** | **28031** |

---

**Note 8. Other operating income and expenses** 

**8.1 Other operating income** 

---

| | | |
|:---|:---|:---|
|  | **Period from January 1,<br>through March 31, 2026** | **Period from January 1,**<br>**through March 31, 2025** |
|  Gain from Exports Increase Program |  | 4961 |
|  Other income | 2811 | 1448 |
|  **Total other operating income** | **2811** | **6409** |

---

**8.2 Other operating expenses** 

---

| | | |
|:---|:---|:---|
|  | **Period from January 1,<br>through March 31, 2026** | **Period from January 1,**<br>**through March 31, 2025** |
|  Restructuring expenses <sup>(1)</sup> | (529) |  |
|  (Provision for) contingencies <sup>(2)</sup> | (278) | (666) |
|  (Provision for) materials and spare parts obsolescence <sup>(2)</sup> | (590) | (499) |
|  Reversal of (Provision for) environmental remediation <sup>(2)</sup> | 12 | (27) |
|  **Total other operating expenses** | **(1385)** | **(1192)** |

---

<sup>(1)</sup> The Company booked restructuring expenses including payments, fees and transaction costs related to the changes in the Group's structure.

<sup>(2)</sup> These transactions did not generate cash flows. For the three-month period ended March 31, 2026, and 2025 including 2,085 and 638 related to payments of contingencies, respectively.

------

**VISTA ENERGY, S.A.B. DE C.V.** 

**Notes to the unaudited interim condensed consolidated financial statements as of March 31, 2026 and December 31, 2025 and for the three-month periods ended March 31, 2026 and 2025**

(Amounts expressed in thousands of US Dollars, except otherwise indicated)

**Note 9. Financial income (expense), net** 

**9.1 Interest income** 

---

| | | |
|:---|:---|:---|
|  | **Period from January 1,<br>through March 31, 2026** | **Period from January 1,**<br>**through March 31, 2025** |
|  Financial interest | 3180 | 1056 |
|  **Total interest income** | **3180** | **1056** |

---

**9.2 Interest expense** 

---

| | | |
|:---|:---|:---|
|  | **Period from January 1,<br>through March 31, 2026** | **Period from January 1,**<br>**through March 31, 2025** |
|  Borrowings interest (Note 16.2) | (54885) | (24281) |
|  **Total interest expense** | **(54885)** | **(24281)** |

---

**9.3 Other financial income (expense)** 

---

| | | |
|:---|:---|:---|
|  | **Period from January 1,<br>through March 31, 2026** | **Period from January 1,**<br>**through March 31, 2025** |
|  Amortized cost (Note 16.2) | (1271) | (467) |
|  Net changes in foreign exchange rate | (4418) | 12744 |
|  Discount of assets and liabilities at present value | (8495) | (1154) |
|  Changes in the fair value of financial assets | 3489 | 8998 |
|  Interest expense on lease liabilities (Note 13) | (868) | (806) |
|  Discount for well plugging and abandonment | (808) | (426) |
|  Other taxes interest | (870) |  |
|  Other <sup>(1)</sup> | (3412) | (2897) |
|  **Total other financial income (expense)** | **(16653)** | **15992** |

---

<sup>(1)</sup> For the three-month period ended March 31, 2025, including a loss of 6,175 that is non-cash transactions.

------

**VISTA ENERGY, S.A.B. DE C.V.** 

**Notes to the unaudited interim condensed consolidated financial statements as of March 31, 2026 and December 31, 2025 and for the three-month periods ended March 31, 2026 and 2025**

(Amounts expressed in thousands of US Dollars, except otherwise indicated)

**Note 10. Earnings per share** 

**10.1 Basic** 

Basic earnings per share is calculated by dividing the Company's profit by the weighted average number of ordinary shares outstanding during the period.

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Period from January 1,<br>through March 31, 2026** | **Period from January 1,<br>through March 31, 2026** | **Period from January 1,**<br>**through March 31, 2025** | **Period from January 1,**<br>**through March 31, 2025** |
|  Profit for the period, net |  | 107713 |  | 82793 |
|  Weighted average number of ordinary shares |  | 104615383 |  | 96456618 |
|  **Basic earnings per share** |  | **1.030** |  | **0.858** |

---

**10.2 Diluted** 

Diluted earnings per share are calculated by dividing the Company's profit by the weighted average number of ordinary shares outstanding during the period, plus the weighted average of dilutive potential ordinary shares.

Potential ordinary shares will be considered dilutive when their conversion to ordinary shares may reduce earnings per share or increase losses per share. They will be considered antidilutive when their conversion to ordinary shares may result in an increase in earnings per share or a reduction in loss per share.

The calculation of diluted earnings per share does not involve a conversion; the exercise or other issue of shares that may have an antidilutive effect on loss per share, or when the exercise price is higher than the average price of ordinary shares during the period, no dilution effect is booked, as diluted earnings per share is equal to basic earnings per share.

---

| | | |
|:---|:---|:---|
|  | **Period from January 1,<br>through March 31, 2026** | **Period from January 1,**<br>**through March 31, 2025** |
|  Profit for the period, net | 107713 | 82793 |
|  Weighted average number of ordinary shares <sup>(1)</sup> | 110262021 | 100871480 |
|  **Diluted earnings per share** | **0.977** | **0.821** |

---

<sup>(1)</sup> As of March 31, 2026, the Company has 105,186,958 outstanding shares that cannot exceed 106,078,535 shares.

Likewise, in accordance with IFRS Accounting Standards, the average number of ordinary shares with a potential dilutive effect amount to 110,262,021.

------

**VISTA ENERGY, S.A.B. DE C.V.** 

**Notes to the unaudited interim condensed consolidated financial statements as of March 31, 2026 and December 31, 2025 and for the three-month periods ended March 31, 2026 and 2025**

(Amounts expressed in thousands of US Dollars, except otherwise indicated)

**Note 11. Property, plant and equipment** 

The changes in property, plant and equipment for the three-month period ended March 31, 2026 are as follows:

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **Land and<br>buildings** | **Vehicles, machinery,<br>facilities, computer<br>hardware and furniture<br>and fixtures** | **Oil and gas<br>properties** | **Production wells<br>and facilities** | **Works in<br>progress** | **Materials and<br>spare parts** | **Total** |
|  **<u>Cost</u>** |  |  |  |  |  |  |  |
|  **Amounts as of December 31, 2025** | **8342** | **58912** | **1080000** | **5628605** | **596810** | **136198** | **7508867** |
|  Additions |  |  |  | 3922<sup>(1)</sup> | 357112 | 30171 | 391205 |
|  Transfers | **—** | 19299 | **—** | 284353 | (264490) | (39162) |  |
|  **Amounts as of March 31, 2026** | **8342** | **78211** | **1080000** | **5916880** | **689432** | **127207** | **7900072** |
|  **<u>Accumulated depreciation</u>** |  |  |  |  |  |  |  |
|  **Amounts as of December 31, 2025** | **(232)** | **(28198)** | **(171219)** | **(1766186)** |  |  | **(1965835)** |
|  Depreciation |  | (2027) | (21310) | (202779) |  |  | (226116) |
|  **Amounts as of March 31, 2026** | **(232)** | **(30225)** | **(192529)** | **(1968965)** | **—** | **—** | **(2191951)** |
|  **<u>Net value</u>** |  |  |  |  |  |  |  |
|  **Amounts as of March 31, 2026** | **8110** | **47986** | **887471** | **3947915** | **689432** | **127207** | **5708121** |
|  **Amounts as of December 31, 2025** | **8110** | **30714** | **908781** | **3862419** | **596810** | **136198** | **5543032** |

---

<sup>(1)</sup> Related to the re-estimation of well plugging and abandonment. This transaction did not generate cash flows.

------

**VISTA ENERGY, S.A.B. DE C.V.** 

**Notes to the unaudited interim condensed consolidated financial statements as of March 31, 2026 and December 31, 2025 and for the three-month periods ended March 31, 2026 and 2025**

(Amounts expressed in thousands of US Dollars, except otherwise indicated)

**Note 12. Goodwill and other intangible assets** 

Below are the changes in goodwill and other intangible assets for the three-month period ended March 31, 2026:

---

| | | |
|:---|:---|:---|
|  | **Goodwill** | **Other intangible<br>assets** |
|  **<u>Cost</u>** |  |  |
|  **Amounts as of December 31, 2025** | **22576** | **47079** |
|  Additions  |  |  |
|  **Amounts as of March 31, 2026** | **22576** | **47079** |
|  **<u>Accumulated amortization</u>** |  |  |
|  **Amounts as of December 31, 2025** |  | (28594) |
|  Amortization |  | (2441) |
|  **Amounts as of March 31, 2026** |  | **(31035)** |
|  **<u>Net value</u>** |  |  |
|  **Amounts as of March 31, 2026** | **22576** | **16044** |
|  **Amounts as of December 31, 2025** | **22576** | **18485** |

---

**Note 13. Right-of-use assets and lease liabilities** 

The carrying amount of the Company's right-of-use assets and lease liabilities, as well as the changes for the three-month period ended March 31, 2026, are detailed below:

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Right-of-use assets** | **Right-of-use assets** | **Right-of-use assets** | **Total lease<br>liabilities** |
|  | **Land and<br>Buildings** | **Facilities and<br>machinery** | **Total** | **Total lease<br>liabilities** |
|  **Amounts as of December 31, 2025** | **16042** | **137241** | **153283** | **(143903)** |
|  Disposals | (268) |  | (268) | 350 |
|  Depreciation <sup>(1)</sup> | (231) | (14525) | (14756) |  |
|  Payments |  |  |  | 18715 |
|  Interest expense <sup>(2)</sup> |  |  |  | (3622) |
|  **Amounts as of March 31, 2026** | **15543** | **122716** | **138259** | **(128460)** |

---

<sup>(1)</sup> Including the depreciation of drilling services capitalized as "Works in progress" for 13,587.

<sup>(2)</sup> Including drilling agreements capitalized as "Works in progress" for 2,754.

Short-term and low-value lease agreements were recognized under "General and administrative expenses" in the statements of profit or loss and other comprehensive income for 76 and 23 for the three-month periods ended March 31, 2026 and 2025, respectively.

------

**VISTA ENERGY, S.A.B. DE C.V.** 

**Notes to the unaudited interim condensed consolidated financial statements as of March 31, 2026 and December 31, 2025 and for the three-month periods ended March 31, 2026 and 2025**

(Amounts expressed in thousands of US Dollars, except otherwise indicated)

**Note 14. Income tax** 

The most significant components of the income tax expense in the statements of profit or loss and other comprehensive income of these unaudited interim condensed consolidated financial statements are as follows:

---

| | | |
|:---|:---|:---|
|  | **Period from January 1,<br>through March 31, 2026** | **Period from January 1,**<br>**through March 31, 2025** |
|  **<u>Income tax</u>** |  |  |
|  Current income tax | (55506) | (66322) |
|  Deferred income tax | 19690 | 14157 |
|  **Income tax (expense) charged to statement of profit or loss** | **(35816)** | **(52165)** |
|  Deferred income tax charged to other comprehensive income | 5 | 7 |
|  **Total income tax (expense)** | **(35811)** | **(52158)** |

---

For the three-month periods ended March 31, 2026 and 2025, the Company's effective rate was 25% and 39%, respectively. The differences between the effective and statutory rate mainly include: (i) the application of the tax adjustment for inflation in Argentina; (ii) fluctuations in the ARS against the USD which affect the Company's tax deductions of nonmonetary assets; and (iii) the accumulated tax losses not recognized in the period.

See Note 30 to the annual consolidated financial statements as of December 31, 2025.

**Note 15. Trade and other receivables** 

---

| | | |
|:---|:---|:---|
|  | **As of March 31, 2026** | **As of December 31, 2025** |
|  <u>Noncurrent</u> |  |  |
|  **Other receivables:** |  |  |
|  **Prepayments, tax receivables and other:** |  |  |
|  Advance payments for transportation services (Note 27) | 307445 | 311087 |
|  Receivables related to the transfer of conventional assets <sup>(1)</sup> | 36818 | 40945 |
|  Prepaid expenses and other receivables | 19056 | 19409 |
|  Income tax | 785 | 785 |
|  Turnover tax | 765 | 670 |
|  | **364869** | **372896** |
|  **Financial assets:** |  |  |
|  Loans to employees | 273 | 130 |
|  | **273** | **130** |
|  **Total noncurrent trade and other receivables** | **365142** | **373026** |
|  <u>Current</u> |  |  |
|  **Trade:** |  |  |
|  Oil and gas accounts receivable (net of allowance for expected credit losses) | 434765 | 186403 |
|  | **434765** | **186403** |
|  **Other receivables**: |  |  |
|  **Prepayments, tax credits and other:** |  |  |
|  Payments related to Business Acquisition (Note 1.2.1) | 79742 |  |
|  Value Added tax | 72541 | 77160 |
|  Advance payments for transportation services (Note 27) | 26268 | 26098 |
|  Receivables related to the transfer of conventional assets <sup>(1)</sup> | 24207 | 23984 |
|  Income tax | 9899 | 9283 |
|  Prepaid expenses and other receivables | 8063 | 7253 |
|  Turnover tax | 3435 | 3047 |
|  | **224155** | **146825** |

---

------

**VISTA ENERGY, S.A.B. DE C.V.** 

**Notes to the unaudited interim condensed consolidated financial statements as of March 31, 2026 and December 31, 2025 and for the three-month periods ended March 31, 2026 and 2025**

(Amounts expressed in thousands of US Dollars, except otherwise indicated)

---

| | | |
|:---|:---|:---|
|  | **As of March 31, 2026** | **As of December 31, 2025** |
|  **Financial assets:** |  |  |
|  Receivables from joint operations | 52287 | 1368 |
|  Accounts receivable from third parties  | 13516 | 9404 |
|  Gas IV Plan | 2357 | 2316 |
|  Other | 975 | 1365 |
|  | **69135** | **14453** |
|  **Other receivables** | **293290** | **161278** |
|  **Total current trade and other receivables** | **728055** | **347681** |

---

<sup>(1)</sup> Related to the agreement signed with Tango Energy Argentina S.A. connected with the transfer of conventional assets ("transfer of conventional assets"). For the three-month periods ended March 31, 2026 and 2025, the Company recognized 4,997 and 7,240, respectively, mainly related to the amortization of the account receivable, in the unaudited interim condensed consolidated statement of profit or loss under "Other non-cash costs related to the transfer of conventional assets". Additionally, for the period ended March 31, 2025 the Company received 5,734, related to the transaction (See Note 3.2.8 to the annual consolidated financial statements as of December 31, 2025). 

Due to the short-term nature of current trade and other receivables, it carrying amount is considered similar to its fair value. The fair values of noncurrent trade and other receivables do not differ significantly from it carrying amounts either.

As of March 31, 2026, in general, accounts receivable has a 30-day term for sales of crude oil and a 45-day term for sales of natural gas and LPG.

The Company sets up a provision for trade receivables when there is information showing that the debtor is facing severe financial difficulties and that there is no realistic probability of recovery, for example, when the debtor goes into liquidation or files for bankruptcy proceedings. Trade receivables that are derecognized are not subject to compliance activities. The Company recognized an allowance for expected credit losses against all trade receivables that are 90 days past due because based on its history these receivables are generally not recovered.

As of March 31, 2026, and December 31, 2025, the provision for expected credit losses was recorded for 101 and 70 respectively.

As of the date of these unaudited interim condensed consolidated financial statements, maximum exposure to credit risk is related to the carrying amount of each class of accounts receivable.

**Note 16. Financial assets and liabilities** 

**16.1 Borrowings** 

---

| | | |
|:---|:---|:---|
|  | **As of March 31, 2026** | **As of December 31, 2025** |
|  <u>Noncurrent</u> |  |  |
|  Corporate bond ("ON") | 2061705 | 2257997 |
|  Financial loans | 470532 | 446730 |
|  Exports pre-financing | 92684 | 99255 |
|  **Total noncurrent** | **2624921** | **2803982** |
|  <u>Current</u> |  |  |
|  ON | 403838 | 182347 |
|  Financial loans | 364068 | 72738 |
|  Exports pre-financing | 249454 | 95010 |
|  **Total current** | **1017360** | **350095** |
|  **Total Borrowings** | **3642281** | **3154077** |

---

------

**VISTA ENERGY, S.A.B. DE C.V.** 

**Notes to the unaudited interim condensed consolidated financial statements as of March 31, 2026 and December 31, 2025 and for the three-month periods ended March 31, 2026 and 2025**

(Amounts expressed in thousands of US Dollars, except otherwise indicated)

Below are the maturity dates of Company borrowings (excluding lease liabilities) and their exposure to interest rates:

---

| | | |
|:---|:---|:---|
|  | **As of March 31, 2026** | **As of December 31, 2025** |
|  **Fixed interest** |  |  |
|  Less than 1 year | 698643 | 322766 |
|  From 1 to 2 years | 235507 | 348369 |
|  From 2 to 5 years | 461139 | 392044 |
|  Over 5 years | 1557501 | 1666879 |
|  **Total** | **2952790** | **2730058** |
|  **Variable interest** |  |  |
|  Less than 1 year | 318717 | 27329 |
|  From 1 to 2 years | 105432 | 105677 |
|  From 2 to 5 years | 265342 | 291013 |
|  Over 5 years |  |  |
|  **Total** | **689491** | **424019** |
|  **Total Borrowings** | **3642281** | **3154077** |

---

See Note 16.4 for information on the fair value of the borrowings.

Vista Argentina issued ON, under the name "*Programa de Notas*" approved by CNV. The following chart shows the details and carrying amount of ON as of March 31, 2026 and December 31, 2025:

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Instrument** | **Execution**<br> **date** | **Currency** | **Principal** | **Interest** | **Annual<br>rate** | **Maturity**<br> **date** | **As of**<br>**March**<br>**31, 2026** | **As of<br>December**<br>**31, 2025** |
|  ON XII | August, 2021 | USD-linked <sup>(1)</sup> | 100769 | Fixed | 5.85% | August, 2031 | 80889 | 87233 |
|  ON XVI | December, 2022 | USD-linked <sup>(1)</sup> | 104236 | Fixed | 0.00% | June, 2026 | 104199 | 104151 |
|  ON XVII | December, 2022 | USD-linked <sup>(1)</sup> | 39118 | Fixed | 0.00% | December, 2026 | 39078 | 39064 |
|  ON XVIII | March, 2023 | USD-linked <sup>(1)</sup> | 118542 | Fixed | 0.00% | March, 2027 | 118378 | 118319 |
|  ON XIX | March, 2023 | USD-linked <sup>(1)</sup> | 16458 | Fixed | 1.00% | March, 2028 | 16436 | 16432 |
|  ON XXI | August, 2023 | USD-linked <sup>(1)</sup> | 70000 | Fixed | 0.99% | August, 2028 | 69914 | 69899 |
|  ON XXII | December, 2023 | USD | 14669 | Fixed | 5.00% | June, 2026 | 14906 | 14726 |
|  ON XXIII | March, 2024 | USD | 92203 | Fixed | 6.50% | March, 2027 | 72340<sup>(2)</sup> | 73463<sup>(2)</sup> |
|  ON XXIV | May, 2024 | USD | 46562 | Fixed | 8.00% | May, 2029 | 47874 | 46942 |
|  ON XXV | July, 2024 | USD-linked <sup>(1)</sup> | 53195 | Fixed | 3.00% | July, 2028 | 53262 | 53239 |
|  ON XXVI | October, 2024 | USD | 150000 | Fixed | 7.65% | October, 2031 | 154619 | 151747 |
|  ON XXVII | December, 2024 | USD | 600000 | Fixed | 7.63% | December, 2035 | 609780 | 597954 |
|  ON XXVIII | March, 2025 | USD | 92414 | Fixed | 7.50% | March, 2030 | 92337 | 94038 |
|  ON XXIX | June, 2025 | USD | 900000 | Fixed | 8.50% | June, 2033 | 917685 | 899341 |
|  ON XXX | October, 2025 | USD | 73256 | Fixed | 6.00% | April, 2027 | 73846 | 73796 |
|  |  |  |  |  |  | **Total ON** | **2465543** | **2440344** |

---

<sup>(1)</sup> Subscribed in USD, payable in ARS at the exchange rate applicable on maturity date.

<sup>(2)</sup> As of March 31, 2026 and December 31, 2025, the carrying amount of ON XXIII include 20,000 ON repurchased by the Company. 

Certain borrowings includes the Company's obligation to comply with certain financial ratios and debt service coverage requirements (the "covenants"). Non-compliance with these covenants could restrict the ability of the Company and its subsidiaries to, among other things, pay dividends, provide guarantees, incur additional indebtedness, or dispose of material assets.

------

**VISTA ENERGY, S.A.B. DE C.V.** 

**Notes to the unaudited interim condensed consolidated financial statements as of March 31, 2026 and December 31, 2025 and for the three-month periods ended March 31, 2026 and 2025**

(Amounts expressed in thousands of US Dollars, except otherwise indicated)

As of March 31, 2026, the Company was in compliance with all financial covenants and other commitments associated with such borrowings.

See Note 30 for information on subsequent events.

On March 26, 2026, Vista Argentina increased the amount of the *Programa de Notas*, approved by CNV for a total principal up to 4,000,000 or its equivalent in other currencies.

**16.2 Changes in liabilities from financing activities** 

Changes in the borrowings were as follows:

---

| | | |
|:---|:---|:---|
|  | **As of March 31, 2026** | **As of December 31, 2025** |
|  **Amounts at beginning of period** | **3154077** | **1448567** |
|  Proceeds from borrowings | 589500 | 2838173 |
|  Proceeds from borrowings of Business Combination |  | 50505 |
|  Payment of borrowings principal | (129538) | (1173623) |
|  Payment of borrowings interest | (26868) | (148310) |
|  Payment of borrowings cost | (1004) | (17935) |
|  Borrowings interest <sup>(1)</sup> (Note 9.2) | 54885 | 163356 |
|  Amortized cost <sup>(1)</sup> (Note 9.3) | 1271 | 7880 |
|  Changes in foreign exchange rate <sup>(1)</sup>  | (42) | (14536) |
|  **Amounts at end of period** | **3642281** | **3154077** |

---

<sup>(1)</sup> These transactions did not generate cash flows.

**16.3 Financial instruments by category** 

The following chart includes the financial instruments broken down by category:

---

| | | | |
|:---|:---|:---|:---|
| **As of March 31, 2026** | **Financial assets /<br>liabilities at<br>amortized cost** | **Financial assets /<br>liabilities at fair<br>value** | **Total financial**<br>**assets / liabilities** |
|  **Assets** |  |  |  |
|  Plan assets (Note 25) |  | 1881 | 1881 |
|  Trade and other receivables (Note 15) | 273 |  | 273 |
|  **Total noncurrent financial assets** | **273** | **1881** | **2154** |
|  Short-term investments (Note 19) | 149513 | 226379 | 375892 |
|  Trade and other receivables (Note 15) | 503900 |  | 503900 |
|  **Total current financial assets** | **653413** | **226379** | **879792** |
|  **Liabilities** |  |  |  |
|  Borrowings (Note 16.1) | 2624921 |  | 2624921 |
|  Trade and other payables (Note 24) | 293779 |  | 293779 |
|  Lease liabilities (Note 13) | 77677 |  | 77677 |
|  **Total noncurrent financial liabilities** | **2996377** | **—** | **2996377** |
|  Borrowings (Note 16.1) | 1017360 |  | 1017360 |
|  Trade and other payables (Note 24) | 510809 |  | 510809 |
|  Lease liabilities (Note 13) | 50783 |  | 50783 |
|  **Total current financial liabilities** | **1578952** | **—** | **1578952** |

---

------

**VISTA ENERGY, S.A.B. DE C.V.** 

**Notes to the unaudited interim condensed consolidated financial statements as of March 31, 2026 and December 31, 2025 and for the three-month periods ended March 31, 2026 and 2025**

(Amounts expressed in thousands of US Dollars, except otherwise indicated)

---

| | | | |
|:---|:---|:---|:---|
| **As of December 31, 2025** | **Financial assets /<br>liabilities at<br>amortized cost** | **Financial assets /<br>liabilities at fair<br>value** | **Total financial**<br>**assets / liabilities** |
|  **Assets** |  |  |  |
|  Plan assets (Note 25) |  | 1865 | 1865 |
|  Trade and other receivables (Note 15) | 130 |  | 130 |
|  **Total noncurrent financial assets** | **130** | **1865** | **1995** |
|  Short-term investments (Note 19) | 90414 | 109433 | 199847 |
|  Trade and other receivables (Note 15) | 200856 |  | 200856 |
|  **Total current financial assets** | **291270** | **109433** | **400703** |
|  **Liabilities** |  |  |  |
|  Borrowings (Note 16.1) | 2803982 |  | 2803982 |
|  Trade and other payables (Note 24) | 292236 |  | 292236 |
|  Lease liabilities (Note 13) | 88451 |  | 88451 |
|  **Total noncurrent financial liabilities** | **3184669** | **—** | **3184669** |
|  Borrowings (Note 16.1) | 350095 |  | 350095 |
|  Trade and other payables (Note 24) | 419130 |  | 419130 |
|  Lease liabilities (Note 13) | 55452 |  | 55452 |
|  **Total current financial liabilities** | **824677** | **—** | **824677** |

---

Below are income, expenses, profit, or loss from each category of financial instrument:

For the three-month period ended March 31, 2026:

---

| | | | |
|:---|:---|:---|:---|
|  | **Financial**<br>**assets/liabilities**<br>**at amortized<br>cost** | **Financial**<br>**assets/liabilities<br>at fair value** | **Total financial<br>assets / liabilities** |
|  Interest income (Note 9.1) | 3180 |  | 3180 |
|  Interest expense (Note 9.2) | (54885) |  | (54885) |
|  Amortized cost (Note 9.3) | (1271) |  | (1271) |
|  Net changes in foreign exchange rate (Note 9.3) | (4418) |  | (4418) |
|  Discount of assets and liabilities at present value (Note 9.3) | (8495) |  | (8495) |
|  Changes in the fair value of financial assets (Note 9.3) |  | 3489 | 3489 |
|  Interest expense on lease liabilities (Note 9.3) | (868) |  | (868) |
|  Discount for well plugging and abandonment (Note 9.3) | (808) |  | (808) |
|  Other taxes interest (Note 9.3) | (870) |  | (870) |
|  Other (Note 9.3) | (3412) |  | (3412) |
|  **Total** | **(71847)** | **3489** | **(68358)** |

---

For the three-month period ended March 31, 2025:

---

| | | | |
|:---|:---|:---|:---|
|  | **Financial**<br>**assets/liabilities**<br>**at amortized<br>cost** | **Financial**<br>**assets/liabilities<br>at fair value** | **Total financial**<br>**assets / liabilities** |
|  Interest income (Note 9.1) | 1056 |  | 1056 |
|  Interest expense (Note 9.2) | (24281) |  | (24281) |
|  Amortized cost (Note 9.3) | (467) |  | (467) |
|  Net changes in foreign exchange rate (Note 9.3) | 12744 |  | 12744 |
|  Discount of assets and liabilities at present value (Note 9.3) | (1154) |  | (1154) |
|  Changes in the fair value of financial assets (Note 9.3) |  | 8998 | 8998 |
|  Interest expense on lease liabilities (Note 9.3) | (806) |  | (806) |
|  Discount for well plugging and abandonment (Note 9.3) | (426) |  | (426) |
|  Other (Note 9.3) | (2897) |  | (2897) |
|  **Total** | **(16231)** | **8998** | **(7233)** |

---

------

**VISTA ENERGY, S.A.B. DE C.V.** 

**Notes to the unaudited interim condensed consolidated financial statements as of March 31, 2026 and December 31, 2025 and for the three-month periods ended March 31, 2026 and 2025**

(Amounts expressed in thousands of US Dollars, except otherwise indicated)

**16.4 Fair value** 

This note includes information on the Company's method for assessing the fair value of its financial assets and liabilities.

**16.4.1 Fair value of the Company's financial assets and liabilities measured at fair value on a recurring basis** 

The Company classifies the measurements at fair value of financial instruments using a fair value hierarchy, which shows the relevance of the variables applied to carry out these measurements. The fair value hierarchy has the following levels:

• Level 1: quoted (unadjusted) prices in active markets for identical assets or liabilities.

• Level 2: data other than the quoted prices included in Level 1 that are observable for assets or
liabilities, either directly (that is prices) or indirectly (that is derived from prices).

• Level 3: data on the asset or liability that are based on information that cannot be observed in the market (that
is, non-observable data).

The following chart shows the Company's financial assets measured at fair value as of March 31, 2026 and December 31, 2025:

---

| | | | | |
|:---|:---|:---|:---|:---|
| **As of March 31, 2026** | **Level 1** | **Level 2** | **Level 3** | **Total** |
|  **Assets** |  |  |  |  |
|  *Financial assets at fair value through profit or loss* |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Plan assets | 1881 |  |  | 1881 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Short-term investments | 226379 |  |  | 226379 |
|  **Total assets** | **228260** |  |  | **228260** |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **As of December 31, 2025** | **Level 1** | **Level 2** | **Level 3** | **Total** |
|  **Assets** |  |  |  |  |
|  *Financial assets at fair value through profit or loss* |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Plan assets | 1865 |  |  | 1865 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Short-term investments | 109433 |  |  | 109433 |
|  **Total assets** | **111298** |  |  | **111298** |

---

The value of financial instruments traded in active markets is based on quoted market prices as of the date of these accompanying unaudited interim condensed consolidated financial statements. A market is considered active when quoted prices are available regularly through a stock exchange, a broker, a specific sector entity or regulatory agency, and these prices reflect regular and current market transactions between parties at arm's length. The quoted market price used for financial assets held by the Company is the current offer price. These instruments are included in Level 1.

For financial instruments not traded in an active market, the fair value is determined using appropriate valuation techniques. These valuation techniques maximize the use of observable market data, when available, and minimize the use of Company's specific estimates. Should all significant variables used to establish the fair value of a financial instrument be observable, the instrument is included in Level 2.

Should one or more variables used in determining the fair value not be observable in the market, the financial instrument is included in Level 3.

There were no transfers between Level 1, Level 2 and Level 3 from December 31, 2025, through March 31, 2026.

**16.4.2 Fair value of financial assets and liabilities that are not measured at fair value (but require fair value disclosures)** 

Except for the information included in the following chart, the Company considers that the carrying amounts of financial assets and liabilities recognized in the unaudited interim condensed consolidated financial statements approximate to its fair values, as explained in the related notes.

------

**VISTA ENERGY, S.A.B. DE C.V.** 

**Notes to the unaudited interim condensed consolidated financial statements as of March 31, 2026 and December 31, 2025 and for the three-month periods ended March 31, 2026 and 2025**

(Amounts expressed in thousands of US Dollars, except otherwise indicated)

---

| | | | |
|:---|:---|:---|:---|
| **As of March 31, 2026** | **Carrying amount** | **Fair value** | **Level** |
|  **Liabilities** |  |  |  |
|  Borrowings | 3642281 | 3701748 | **2** |
|  **Total liabilities** | **3642281** | **3701748** |  |

---

**16.5 Risk management objectives and policies concerning financial instruments** 

**16.5.1 Financial risk factors** 

The Company's activities are exposed to several financial risks: market risk (including exchange rate risk, interest rate risk and price risk), credit risk and liquidity risk.

Financial risk management is included in the Company's global policies, and it adopts a comprehensive risk management policy focused on tracking risks affecting the entire Company. This strategy aims at striking a balance between profitability targets and risk exposure levels. Financial risks are derived from the financial instruments to which the Company is exposed during each period or as of every period-end.

The Company's financial department, controls financial risk by identifying, assessing and covering financial risks. The risk management systems and policies are reviewed regularly to show the changes in market conditions and the Company's activities.

The Company reviewed its exposure to financial risk factors and identified no significant changes in the risk analysis included in its annual consolidated financial statements as of December 31, 2025, except for the following:

<u>16.5.1.1 Market risk</u> 

<u>Exchange rate risk</u> 

The Company's financial position and results of operations are sensitive to exchange rate changes between USD and ARS. As of December 31, 2025, the Company performed foreign exchange currency transactions, and the impact in the results of the period is recognized in the consolidated statement of profit or loss in "Other financial income (expense)".

Most Company revenues are denominated in USD, or the changes in sales follow the changes in USD listed price.

During the three-month period ended March 31, 2026 ARS appreciated by about 5%. However during the year ended December 31, 2025 ARS depreciated by about 41%.

The following chart shows the sensitivity to a modification in the exchange rate of ARS to USD while maintaining the remainder variables constant. Impact on profit before taxes is related to changes in the fair value of monetary assets and liabilities denominated in currencies other than the USD, the Company's functional currency. The Company's exposure to changes in foreign exchange rates for the remainder currencies is immaterial.

---

| | | |
|:---|:---|:---|
|  | **As of March 31, 2026** | **As of December 31, 2025** |
|  <u>Changes in exchange rate:</u> | +/-10% | +/-10% |
|  Effect on profit or loss before income taxes | 6,503 / (6503) | 8,169 / (8169) |
|  Effect on equity before income taxes | 6,503 / (6503) | 8,169 / (8169) |

---

<u>Interest rate risk</u> 

The purpose of interest rate risk management is to minimize finance costs and limit the Company's exposure to interest rate increases.

Variable-rate indebtedness exposes the Company's cash flows to interest rate risk due to potential volatility. Fixed-rate indebtedness exposes the Company to interest rate risk on the fair value of its liabilities as they could be considerably higher than variable rates. As of March 31, 2026 and December 31, 2025, about 19% and 13% of indebtedness was subject to variable interest rates, respectively.

------

**VISTA ENERGY, S.A.B. DE C.V.** 

**Notes to the unaudited interim condensed consolidated financial statements as of March 31, 2026 and December 31, 2025 and for the three-month periods ended March 31, 2026 and 2025**

(Amounts expressed in thousands of US Dollars, except otherwise indicated)

For the three-month periods ended March 31, 2025, the average interest rate for borrowings in ARS was 32.88%.

For the three-month periods ended March 31, 2026, and 2025, the variable interest rate of borrowings denominated in USD stood at 7.04% and 6.49%, respectively.

The Company expects to lessen its interest rate exposure by analyzing and assessing (i) the different sources of liquidity available in domestic and international financial and capital markets (if available); (ii) alternative (fixed or variable) interest rates, currencies and contractual terms available for companies in a sector, industry and risk similar to the Company's; and (iii) the availability, access and cost of interest rate hedge contracts. Hence, the Company assesses the impact on profit or loss of each strategy on the obligations that represent the main positions to the main interest-bearing positions.

The Company considers that the risk of an increase in interest rates is low; therefore, it does not expect substantial debt risk.

For the three-month period ended March 31, 2026, and for the year ended December 31, 2025, the Company did not use derivative financial instruments to mitigate interest rate risks.

**Note 17. Investments in associates** 

As of March 31, 2026, and December 31, 2025, the Company holds the following interests in associates:

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **Equity interest** | **Equity interest** | **Income (loss) from<br>investments in associates** | **Income (loss) from<br>investments in associates** | **Investments in associates** | **Investments in associates** | |
| **Company** | **As of<br>March 31,<br>2026** | **As of<br>December 31,<br>2025** | **Period from<br>January 1,<br>through<br>March 31,<br>2026** | **Period from<br>January 1,<br>through<br>March 31,<br>2025** | **As of**<br>**March 31,**<br>**2026** | **As of<br>December 31,<br>2025** | <br>**Main activity** |
|  VMOS S.A. | 10.20% | 10.20% | (3701) |  | 38940 | 30702 | Midstream |
|  Other |  |  |  |  | 24176 | 23840 |  |
|  **Total investments in associates** |  |  | **(3701)** |  | **63116** | **54542** |  |

---

For the three-month period ended March 31, 2026 and 2025, the Company made payments related to investment in associates for 12,275 and 28,651, respectively.

See Note 30 for information on subsequent events.

**Note 18. Inventories** 

---

| | | |
|:---|:---|:---|
|  | **As of March 31, 2026** | **As of December 31, 2025** |
|  Crude oil stock (Note 5.2) | 6694 | 6881 |
|  Materials and spare parts | 3016 | 2575 |
|  Assigned crude oil stock |  | 1 |
|  **Total inventories** | **9710** | **9457** |

---

**Note 19. Cash, bank balances and other short-term investments** 

---

| | | |
|:---|:---|:---|
|  | **As of March 31, 2026** | **As of December 31, 2025** |
|  Cash in banks | 239250 | 333002 |
|  Mutual funds | 220346 | 102768 |
|  Money market funds | 126708 | 90414 |
|  Other investments | 22805 | 5553 |
|  Argentine government bonds | 6033 | 6665 |
|  **Total cash, banks balances and other short-term investments** | **615142** | **538402** |

---

------

**VISTA ENERGY, S.A.B. DE C.V.** 

**Notes to the unaudited interim condensed consolidated financial statements as of March 31, 2026 and December 31, 2025 and for the three-month periods ended March 31, 2026 and 2025**

(Amounts expressed in thousands of US Dollars, except otherwise indicated)

Cash and cash equivalents include cash on hand and at bank and investments maturing within 3 months. For the consolidated statement of cash flows purposes below is the reconciliation between cash, bank and short-term investments and cash and cash equivalents:

---

| | | |
|:---|:---|:---|
|  | **As of March 31, 2026** | **As of December 31, 2025** |
|  Cash, bank balances and other short-term investments | 615142 | 538402 |
|  **Less** |  |  |
|  Other investments | (22805) | (5553) |
|  Argentine government bonds | (6033) | (6665) |
|  **Cash and cash equivalents** | **586304** | **526184** |

---

**Note 20. Equity** 

**20.1 Capital stock** 

As of March 31, 2026, and December 31, 2025, the Company's variable capital stock amounted to 491,166 and 491,165, represented by 105,186,958 and 104,299,705, respectively, of which: (i) 105,186,956 and 104,299,703 respectively, are fully subscribed and paid Series A shares with no face value, each entitled to one vote; and (ii) 2 are Series C shares for both periods.

During the three-month period ended March 31, 2026, 887,253 Series A shares were issued as part of the LTIP granted to Company employees.

As of March 31, 2026, and December 31, 2025, the Company's authorized capital includes 23,605,283 and 24,492,536 Series A ordinary shares, respectively, held in Treasury.

For further information see Note 21 to the annual consolidated financial statements as of December 31, 2025.

**Note 21. Provisions** 

---

| | | |
|:---|:---|:---|
|  | **As of March 31, 2026** | **As of December 31, 2025** |
|  <u>Noncurrent</u> |  |  |
|  Well plugging and abandonment | 55533 | 51279 |
|  Environmental remediation | 253 | 234 |
|  **Total noncurrent provisions** | **55786** | **51513** |
|  <u>Current</u> |  |  |
|  Well plugging and abandonment | 3657 | 3178 |
|  Contingencies | 3502 | 5244 |
|  Environmental remediation | 2567 | 2378 |
|  **Total current provisions** | **9726** | **10800** |

---

**Note 22. Salaries and payroll taxes** 

---

| | | |
|:---|:---|:---|
|  | **As of March 31, 2026** | **As of December 31, 2025** |
|  <u>Current</u> |  |  |
|  Salaries and social security contributions | 8591 | 10233 |
|  Provision for bonuses and incentives | 4402 | 25658 |
|  **Total current salaries and payroll taxes** | **12993** | **35891** |

---

**Note 23. Other taxes and royalties** 

---

| | | |
|:---|:---|:---|
|  | **As of March 31, 2026** | **As of December 31, 2025** |
|  <u>Current</u> |  |  |
|  Royalties and others | 36589 | 28662 |
|  Personal assets tax | 14987 | 11122 |
|  Tax withholdings | 4502 | 2936 |
|  Value added tax | 3147 |  |
|  Other | 1926 | 1225 |
|  **Total current other taxes and royalties** | **61151** | **43945** |

---

------

**VISTA ENERGY, S.A.B. DE C.V.** 

**Notes to the unaudited interim condensed consolidated financial statements as of March 31, 2026 and December 31, 2025 and for the three-month periods ended March 31, 2026 and 2025**

(Amounts expressed in thousands of US Dollars, except otherwise indicated)

**Note 24. Trade and other payables** 

---

| | | |
|:---|:---|:---|
|  | **As of March 31, 2026** | **As of December 31, 2025** |
|  <u>Noncurrent</u> |  |  |
|  Payables to third parties <sup>(1) (2)</sup> | 293779 | 292236 |
|  **Total other noncurrent accounts payables** | **293779** | **292236** |
|  **Total noncurrent accounts payables** | **293779** | **292236** |
|  <u>Current</u> |  |  |
|  **Accounts payables:** |  |  |
|  Suppliers | 489221 | 399373 |
|  **Total current accounts payables** | **489221** | **399373** |
|  **Other accounts payables:** |  |  |
|  Payables to third parties <sup>(2)</sup>  | 21224 | 19236 |
|  Extraordinary fee for Gas IV Plan | 335 | 425 |
|  Payables to partners of joint operations | 29 | 96 |
|  **Total other current accounts payables** | **21588** | **19757** |
|  **Total current trade and other payables** | **510809** | **419130** |

---

<sup>(1)</sup> As of March 31, 2026 and December 31, 2025, mainly includes 229,501 and 222,749, respectively, in connection with the liability assumed for the acquisition of Vista Lach (See Note 1.2.2 and 29 to the annual consolidated financial statements as of December 31, 2025).

<sup>(2)</sup> As of March 31, 2026, includes 63,342 and 21,137 noncurrent and current payables to third parties, respectively, related to the Farmout Agreement. Likewise, as of December 31, 2025, includes 68,298 and 19,236 noncurrent and current payables to third parties, respectively, related to the Farmout Agreement (See Note 1.2.1 to the annual consolidated financial statements as of December 31, 2025). 

Other than mentioned above, due to the short-term nature of current trade and other payables, their carrying amount is deemed to be the same as its fair value. The carrying amount of noncurrent trade and other payable does not differ considerably from its fair value.

**Note 25. Employee benefits** 

The following chart summarizes net expense components and the changes in the liability for long-term employee benefits in the unaudited interim condensed consolidated financial statements:

---

| | | |
|:---|:---|:---|
|  | **Period from January 1, through<br>March 31, 2026** | **Period from January 1, through<br>March 31, 2025** |
|  Cost of interest | (205) | (196) |
|  Cost of services |  | (2) |
|  **Total** | **(205)** | **(198)** |

---

---

| | | | |
|:---|:---|:---|:---|
|  | **As of March 31, 2026** | **As of March 31, 2026** | **As of March 31, 2026** |
|  | **Present value of the<br>obligation** | **Plan assets** | **Net liabilities** |
|  **Amounts at beginning of period** | **(19519)** | **3293** | **(16226)** |
|  *Items classified as loss or profit* |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Cost of interest | (236) | 31 | (205) |
|  *Items classified in other comprehensive income* |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Actuarial remeasurement |  | (13) | (13) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Payment of contributions | 458 | (338) | 120 |
|  **Amounts at end of period** | **(19297)** | **2973** | **(16324)** |

---

------

**VISTA ENERGY, S.A.B. DE C.V.** 

**Notes to the unaudited interim condensed consolidated financial statements as of March 31, 2026 and December 31, 2025 and for the three-month periods ended March 31, 2026 and 2025**

(Amounts expressed in thousands of US Dollars, except otherwise indicated)

The fair value of plan assets as of every period end per category is as follows:

---

| | | |
|:---|:---|:---|
|  | **As of March 31, 2026** | **As of December 31, 2025** |
|  US government bonds | 1881 | 1865 |
|  Cash and cash equivalents | 1092 | 1428 |
|  **Total** | **2973** | **3293** |

---

See Note 23 to the annual consolidated financial statements as of December 31, 2025.

**Note 26. Related parties' transactions and balances** 

There were no significant changes in related parties and relevant transactions during the three-month period ended March 31, 2026 (See Note 27 to the annual consolidated financial statements as of December 31, 2025).

Note 2.3 to the annual consolidated financial statements as of December 31, 2025, provides information on the Company's structure.

**Note 27. Commitments and contingencies** 

The Company, through its subsidiary Vista Argentina and Vista Lach, made disbursements related to transportation commitments.

As of March 31, 2026 advances payments for transportation services amounted to 333,713 as follow: (i) 202,479 related to the Duplicar Plus Project implemented by Oleoductos del Valle S.A. ("Duplicar"); (ii) 53,266 related to the project to expand the Puerto Rosales maritime terminal and pumping station implemented by Oiltanking Ebytem S.A. ("Oiltanking Project"); (iii) 46,680 related to the Transportation Service Agreement for Vaca Muerta Centro Pipeline ("VMOC" by Spanish acronym); and (iv) 31,288 related to the Transportation Service Agreement for Vaca Muerta Norte Pipeline ("VMON" by Spanish acronym).

As of December 31, 2025 advance payments for transportation services amounted to 337,185 as follows: (i) 206,358 related to the Duplicar; (ii) 53,266 related to Oiltanking Project; (iii) 45,301 related to VMOC; and (iv) 32,260 related to VMON.

See Notes 28.1 to the annual consolidated financial statements as of December 31, 2025 for more information about the commitments.

There were no significant changes in commitments and contingencies for the three-month period ended March 31, 2026 (See Notes 28 to the annual consolidated financial statements as of December 31, 2025).

**Note 28. Tax regulations** 

There were no significant changes in Argentina's and Mexico's tax regulations during the three-month period ended March 31, 2026 (See Note 30 to the annual consolidated financial statements as of December 31, 2025).

**Note 29. Business Combination** 

As of March 31, 2026, the Company reassessed the values assigned to the assets acquired and liabilities assumed related to the acquisition of Vista Lach, as well as the valuation method applied, and confirmed that the amounts and criteria applied were appropriate (See Notes 1.2.2 and 32 to the annual consolidated financial statements as of December 31, 2025).

**Note 30. Subsequent events** 

The Company assessed events subsequent to March 31, 2026, to determine the need of a potential recognition or disclosure in these unaudited interim condensed consolidated financial statements. The Company assessed such events through April 29, 2026, date in which these financial statements were made available for issue:

• On April 7, 2026, the Company, through its subsidiary Vista Argentina, entered into an agreement with Pan
American Energy, S.L. Argentine Branch ("Pan American"), for the assignment of a 1.5% non-operated interest in the conventional exploitation concession Acambuco. The assignment is subject to the
fulfillment of certain conditions precedent, and the total price amounts to 600, payable by Pan American within 10 business days of the closing of such assignment.

------

**VISTA ENERGY, S.A.B. DE C.V.** 

**Notes to the unaudited interim condensed consolidated financial statements as of March 31, 2026 and December 31, 2025 and for the three-month periods ended March 31, 2026 and 2025**

(Amounts expressed in thousands of US Dollars, except otherwise indicated)

• On April 8, 2026, Vista Argentina issued ON XXXI for an amount of 500,000, at an annual interest rate of
7.875% and an expiration date in April 2038.

• On April 10, 2026, Vista Argentina made payments related to VMOS's investment for an amount of 4,592.

• On April 20, 2026, Vista Energy International S.A. ("VEISA") signed a loan agreement with
Citibank N.A., for an amount of 45,000, at an annual interest rate of 5.67% and an expiration date in April 2026.

• On April 24, 2026, Vista Argentina signed a loan agreement with Banco de la Nacion Argentina, for an amount
of 60,000, at an annual interest rate of 2.95% and an expiration date in October 2026.

• During April 2026, Vista Argentina paid principal and interest for an amount of 51,500 and 2,591, respectively,
corresponding to exports pre-financing.

• During April 2026, Vista Argentina paid principal and interest for an amount of 45,000 and 8,921 respectively,
corresponding to financial loans.

• During April 2026, Vista Argentina paid interest for an amount of 7,199, corresponding to ON.

• During April 2026, VEISA paid principal and interest for an amount of 185,000 and 1,356 respectively,
corresponding to financial loans.

There are no other events or transactions between the closing date and the date of issuance of these unaudited interim condensed consolidated financial statements that could significantly affect the Company's financial position or profit or loss.

**Note 31. Supplementary pro forma financial information (unaudited)** 

On April 2025, the Company, through its subsidiary Vista Argentina, acquired the 100% of the capital stock of PEPASA, which holds a 50% working interest in La Amarga Chica unconventional concession, located in the Province of Neuquén, Argentina, from Petronas Carigali Canada B.V. and Petronas Carigali International E&P B.V.

The Company has prepared this financial information to comply with the regulatory requirements set forth by the CNBV by Spanish acronym, which have been prepared in accordance with IFRS accounting standards as issued by the IASB. They were prepared on a historical cost basis, except for certain financial assets and liabilities that were measured at fair value.

This pro forma financial information should not be considered a statement, guarantee or suggestion about past or future performance. No person should rely on the usefulness or accuracy of this pro forma financial information, which is disclosed exclusively to comply with the CNBV. To the maximum extent allowed by applicable law, Vista Energy S.A.B. de C.V. and its directors, Board members, employees, affiliates and subsidiaries are released from all liability related to such pro forma information.

This pro forma information has been prepared using most reliable information at the date of these financial statements, which is the annual financial statements of Vista Lach, that do not differ materially from the financial information, or pro-forma financial information, previously included in the Folleto Informativo.

------

**VISTA ENERGY, S.A.B. DE C.V.** 

**Notes to the unaudited interim condensed consolidated financial statements as of March 31, 2026 and December 31, 2025 and for the three-month periods ended March 31, 2026 and 2025**

(Amounts expressed in thousands of US Dollars, except otherwise indicated)

**31.1 Pro forma consolidated statement of profit or loss and other comprehensive income for the three-month period ended March 31, 2025 (unaudited)** 

---

| | | | |
|:---|:---|:---|:---|
|  | **Period from<br>January, through<br>March 31, 2025** | **Pro forma**<br>**adjustments** | **Period from<br>January, through<br>March 31, 2025**<br>**Pro forma** |
|  Revenue from contracts with customers | 438456 | 187681 | 626137 |
|  Cost of sales: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Operating costs | (34064) | (10826) | (44890) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Crude oil stock fluctuation | 9032 | (57) | 8975 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Royalties and others | (68254) | (24166) | (92420) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Depreciation, depletion and amortization | (125977) | (49788) | (175765) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Other non-cash costs related to the transfer of conventional assets | (7240) |  | (7240) |
|  **Gross profit** | **211953** | **102844** | **314797** |
|  Selling expenses | (46768) | (13194) | (59962) |
|  General and administrative expenses | (28031) | (8005) | (36036) |
|  Exploration expenses | (180) |  | (180) |
|  Other operating income | 6409 | 535 | 6944 |
|  Other operating expenses | (1192) |  | (1192) |
|  **Operating profit** | **142191** | **82180** | **224371** |
|  Interest income | 1056 |  | 1056 |
|  Interest expense | (24281) | (5186) | (29467) |
|  Other financial income (expense) | 15992 | 5302 | 21294 |
|  **Financial income (expense), net** | **(7233)** | **116** | **(7117)** |
|  **Profit before income tax** | **134958** | **82296** | **217254** |
|  Current income tax (expense) | (66322) | (33993) | (100315) |
|  Deferred income tax benefit | 14157 | 56525 | 70682 |
|  **Income tax (expense) benefit** | **(52165)** | **22532** | **(29633)** |
|  **Profit for the period, net** | **82793** | **104828** | **187621** |
|  **Other comprehensive income** |  |  |  |
|  *Other comprehensive income that shall not be reclassified to profit (loss) in subsequent periods* |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; - (Loss) from actuarial remeasurement related to employee benefits | (22) |  | (22) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; - Deferred income tax benefit | 7 |  | 7 |
|  **Other comprehensive income for the period** | **(15)** | **—** | **(15)** |
|  **Total comprehensive profit for the period** | **82778** | **104828** | **187606** |

---

As of March 31, 2026, the Company does not present a pro forma consolidated statement of financial position as of December 31, 2025, since the balances related to the Transaction are already included in the comparative figures of these condensed consolidated interim financial statements.