Far EasTone Telecommunications Co., Ltd. · TWSE:4904

Far EasTone Telecommunications — Q1 2022 Earnings Presentation

11 slides from Far EasTone Telecommunications's earnings presentation, May 4, 2022

  1. Slide 1: 2022 1Q Investor Update

    4904 (TWSE) 2022 1Q Investor Update Chee Ching, President Sharon Lin, CFO & Gary Lai, IR Far EasTone Telecom

  2. Slide 2: Disclaimer

    Disclaimer This presentation contains forward-looking statements. These forward-looking statements are subject to risks, uncertainties and assumptions, some of which are beyond our control. Actual results may differ materially from those expressed or implied by these forward-looking statements. Beca

  3. Slide 3: FET 1Q22 Financial Performance

    FET 1Q22 Financial Performance Beating guidance across all KPIs 2022 Item 1Q 2022 Ach. Rate Unit: NT$ mn, except 1Q 2022 1Q 2021 YoY% Guidance for EPS Guidance % 88,789 Total Revenue 21,904 20,836 +5.1% 21,599 101.4% 30,449 EBITDA 7,567 6,799 +11.3% 7,429 101.9% 9,220 Net Income 2,325 1,811 +28.4% 2

  4. Slide 4: FET Financial Highlights

    FET Financial Highlights Revenue EBITDA EPS  Total Revenue has turned 1Q EBITDA 7,567mn, a   1Q Net Income reached YoY positive for 6 quarters record high since 2018 4Q.(1) $2,325mn with EPS $0.71, in a row  Strong 11.3% YoY growth marked a robust growth attributed to better rate of 28.4%, highe

  5. Slide 5: FET 1Q22 Financial Metrics

    FET 1Q22 Financial Metrics Item 4Q 2021 1Q 2022 Unit: NT$ mn, unless otherwise stated Net Debt 56,876 52,588 Net Debt-to-EBITDA(x)(1) 2.02x 1.82x Free Cash Flow(2) – YTD 16,882 5,153 Cash-based Capex – YTD 12,123 2,339  Improved Net Debt and Net Debt-to-EBITDA Ratio  Free cash flow remains sound a

  6. Slide 6: Favorable Mobile Service Trends

    Favorable Mobile Service Trends Monthly Fee for 5G Mobile Postpaid ARPU renewals Mobile Service Revenue $/month $mn 708 709 710 >20% ▲2.3% 706 YoY 704 uplift 12,26812,213 701 12,07212,145 698 11,98011,933 11,796 Before After 3Q20 4Q20 1Q21 2Q21 3Q21 4Q21 1Q22 3Q20 4Q20 1Q21 2Q21 3Q21 4Q21 1Q22 5G Po

  7. Slide 7: New Economy contributing revenue growth

    New Economy contributing revenue growth 1Q 2022 New Economy –Enterprise (55%) New Economy ▲ 27.2% YoY  New Economy continues to be the Cloud service  66% YoY growth engine with 27.2% YoY growth in 1Q; accounted for ICT Revenue 18.4% of Total revenue in 1Q. IoT solution 39% YoY  84% YoY 27.2% New

  8. Slide 8: Major Milestones Achieved YTD

    Major Milestones Achieved YTD  Issued the 1st ‘Social Bond’ in Taiwan Telecom industry for 2.7bn for financing 5G on ESG development  Selected 20 startups from FET’s ‘5G Metaverse Accelerator’ to co-create and co-develop GTM business applications with FET users and customers  Joined Ericsson’s Gl

  9. Slide 9: 2022 Awards & Recognition YTD

    2022 Awards & Recognition YTD The Sustainability Top 5% CDP Supplier Corporate Engagement Yearbook 2022 Governance Rating Companies (2 years in a row) E (3 years in a row) S (8 years in a row) G for 2 years in a row 2022 Smart City Best Business Innovation Innovative Silver Award Application for AI

  10. Slide 10: FET 2022 Priorities

    FET 2022 Priorities  Strengthen and Grow Core Business  Scale up and drive New Growths  Grow Customer Relationships and value  Drive down Operational costs and expenses  Pursue regulatory approvals for FET/APT merger 2022 FET Annual Shareholders Meeting – June 14, 2022 9

  11. Slide 11: Q&A

    Q&A For Further Information, Websites email http://corporate.fetnet.net Investor Relations http://www.fetnet.net IR@fareastone.com.tw 10

Far EasTone Telecommunications — Q1 2022 Earnings Presentation on 6ix