Orange Belgium Sa · EURONEXT:OBEL

Orange Belgium Sa — Merger or Acquisition (December 2021)

9 slides from Orange Belgium Sa's merger presentation, Dec 24, 2021

  1. Slide 1: Acquisition of VOO - Creation of a convergent operator

    Acquisition of Creation of a convergent operator December 24, 2021 1

  2. Slide 2: Disclaimer

    Disclaimer This presentation might contain forward-looking statements about Orange Belgium in particular for 2021. Although we believe these statements are based on reasonable assumptions, they are subject to numerous risks and uncertainties, including matters not yet known to us or not currently co

  3. Slide 3: Attractive macroeconomics in Belgium to support the development of the fixed network

    Attractive macroeconomics in Belgium to support the development of the fixed network Share of ultrafast broadband subscriptions Evolution of broadband subscriptions by Evolution of # households (m)6 in Europe - 2019 (% of total subscribed) speed (% of total) 78% 76% 8% 3% 1% 64% 63% 7% 1% EU average

  4. Slide 4: Creation of a leading convergent player accelerating OBE's convergent strategy & competitiveness at a national level

    Creation of a leading convergent player accelerating OBE’s convergent strategy & competitiveness at a national level Balanced and attractive combined business mix… … backed by high-quality and well-invested mobile and fixed networks Orange Belgium National state-of-the-art mobile network ▪ 99.9% pop

  5. Slide 5: VOO is a leading cable operator in Wallonia and Brussels

    VOO is a leading cable operator in Wallonia and Brussels1 ▪ Created in 2006, VOO is the 2nd largest telecom operator in its coverage area (Wallonia and 30% of Belgian public sector Brussels) shareholders ▪ VOO offers broadband, payTV and fixed telephony services (0P-4P) under 3 brands: VOO (core FBB

  6. Slide 6: Highly complementary network and brand assets to address the needs from different market segments

    Highly complementary network and brand assets to address the needs from different market segments and enable significant cross-selling 2020 figures Customer base & Revenue Customers (k) 3100 661 Significant opportunity for cross-selling of mobile, broadband and premium TV services in an increasingly

  7. Slide 7: Clear path to value creation

    Clear path to value creation MVNO ▪ Transfer of VOO’s mobile traffic to Orange Belgium’s network, with a new long-term MVNO contract between both parties (already agreed clear guidelines) Synergies Revenue ▪ Revenue synergies via cross-selling and acceleration of convergence for OBE and VOO subscrib

  8. Slide 8: Key transaction highlights

    Key transaction highlights ▪ Sale by Nethys of 100% of the shares in VOO SA to NewCo, a special purpose vehicle to be incorporated by Orange Belgium prior to Closing, followed by the acquisition by Nethys of shares in NewCo representing 25% plus one share on the fully diluted share capital of NewCo

  9. Slide 9: Thanks

    Thanks 9

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