Slide 1: February, 2025
February, 2025 ©2024 Vantiva S.A.. All rights reserved. Vantiva, HomeSight, SURFboard and the HomeSight and SURFboard logos are trademarks or registered trademarks of Vantiva and/or its affiliates in the U.S. and other countries. All product names, trademarks and registered trademarks are property o
Slide 2: FY24 results: estimated financial data and SCS disposal
2 The financial data for the year ended December 31, 2024, presented in this presentation are estimated financial data. These estimated financial data have been prepared according to an accounting and consolidation process similar to that usually used for As Vantiva signed an the preparation of cons
Slide 3: Highlights
Alley Highlights
Slide 4: Now being a pure play, Vantiva is ready for a new chapter
4 Successful integration of CommScope’s Home Networks activity mostly completed at the end of 2024 Refocus on Connectivity with the planned divestiture of SCS All targets set for 2024 met 2024 a mixed year with a slow start and an acceleration in H2 Now being a pure Significant reduction i
Slide 5: Continued innovation and eco/sustainability
5 After a weak H1, acceleration in H2 CONTINUED INNOVATION Wi-Fi 7: Demand still impacted Multiple gateways: DOCSIS, Fiber and 5G-FWA awards by capex reduction, Fiber Multiples field trials successfully completed with and FWA 5G remained the commercial launch planned in H1 2025 growing segment
Slide 6: Revenues, Adjusted EBITDA and FCF
6 › EBITDA margin REVENUES (in € million) Adjusted EBITDA (in € million) FCF (after financial and tax, and before restructuring costs harmed in H1 by the related to HN acquisition in € +19.3% @ current rate million) dual cost structure (CH & HN) +19.9% @ constant rate +6.8% @ current rate +7,3% @ co
Slide 7: Guidance achieved for the third year in a row
7 Guidance In € million FY 2024 In the new scope 2024e 2024a 2024 @ constant rate Adj. Continuing EBITDA >100m 104 104 › Guidance achieved for the third year in Continuing FCF(1) > 0m 33 35 a row Guidance In € million FY 2024 In the previous scope 2024e 2024a Adj. Continuing EBITDA >140m 142 Continu
Slide 8: On track for €200m synergies by 2026
8 B/W than Status planned Closing Done In line › On track for €200m synergies by 2026 Teams’ integration Done Better Restructuring execution Almost completed Better Synergies’ extraction In progress Better Faster and better synergy achievement FY24 results
Slide 9: Management is confident about a sustainable and healthy FCF
9 The group expects revenues to Management is be about the same as in 2024. confident about a In this context group’s targets for 2025 are: sustainable & healthy FCF after Adjusted EBITDA Free Cash Flow financial, tax and >€150m Positive restructuring €/$ parity assumption of 1.05 FY24 results
Slide 10: Key financial figures
KEY financial figures vantiva®,
Slide 11: Free Cash Flow from continuing operations
Free Cash Flow (1) Click to edit headline FREE CASH FLOW FROM CONTINUING OPERATIONS: YTD 2024 VS. YTD 2023 In € million 100 90 80 70 60 100 40 (19) - 20 33 7 1 0 (4) (14) (17) -20 (40) -40 -60 FCF after EBITDA Net Capex Var WCR Pensions & Others Financing Tax FCF after Financing & Tax Financing & Ta
Slide 12: Liquidity amounted to €94m
12 Liquidity on December 31, Amount of Available Drawn Available 2024 (€m) credit line credit line* amount amount Cash and Cash Equivalents 30 Committed credit facilities: › Liquidity amounted Wells Fargo credit line ($125m) 120 120 56 64 Liquidity 94 to €94m Nominal at December 31, 2024 €m IFRS Amo
Slide 13: Forward-looking statements
13 Such forward-looking statements are based on management's current expectations and beliefs and are subject to a number of risks and uncertainties that could cause actual results to differ materially from the future results expressed, forecasted or This presentation implied by such forward-looking
Slide 14: www.vantiva.com
www.vantiva.com
Slide 15: Abbreviations
15 Abbreviation Definition Abbreviation Definition $ American Dollar Earnings before Interest, Tax, Depreciation and EBITDA Amortization € Euro EU European Union B2B Business-to-Business FCF Free-Cash-Flow BB Broadband GPON Gigabit Ethernet Passive Optical Network BD Blu-ray Disc IoT Internet of Thi
Slide 16: Definitions of adjusted EBITDA and other terms
16 › Adjusted EBITDA: profit (loss) from continuing operations before tax and net financial income (expense), net of other income (expense), depreciation and amortization (including impact of provision for risks, litigation and warranties) › Adjusted EBITA: profit (loss) from continuing operations b