Slide 1: SEC Cover Sheet
COVER SHEET (e[efoflel [rfe[efefefolm] | Piste] TTT TTTI TTT [LTTTTTTITT ITT iti itt ttt ttt ttt [11 | | (Company's Full Name) 2/7) /7/F T/H/E G/L|O| BJ E T|O;W/E|[R 3/2 |N]D s|t|rfele|t c]o fr |n fe |r| [7 [fa] lalvle[nfule B/ols| jFlaje |: fol fefefolela fe cliltly tlajelulile (Business Address: N
Slide 2: SEC Form 17-C Current Report
SECURITIES bao EXCHANGE COMMISSION SEC FORM 17-C CURRENT REPORT UNDER SECTION 17 OF THE SECURITIES REGULATIONS CODE (SRC) AND SRC RULE 17(a)-1(b)(3) THEREUNDER 1. 4 February 2015 Date of Report (Date ‘of “earliest ‘event Teported) — ‘SEC Identification Number “BIR Tax Identification Number Exact Nam
Slide 3: 2014 Financial Highlights
2/4/2015 Globe Telecom, Inc. Financial and Operating Results For the Fourth Quarter and Full Year 2014 5 February 2015 2014 Financial Highlights Service Revenues EBITDA Php 99.0B Php 39.3B • Higher by 9% over Php90.5B in 2013 • Up 8% YoY from Php 36.5B in 2013 • Record December lifts 4Q14 • 4Q14 EBI
Slide 4: Mobile: Full-year and quarterly revenues both new all-time highs
2/4/2015 Mobile: Full-year and quarterly revenues both new all-time highs, driven by sustained growth in subscribers across postpaid and prepaid Mobile Revenues Mobile Gross Adds (In Php Mn) (in ‘000s) FY YoY QoQ 36,928 4Q14 2014 Change Change 30,170 Postpaid 29,919 +11% 7,808 +4% +17% +22% Prepaid
Slide 5: Broadband and fixed line data sustains growth trajectory
2/4/2015 Broadband Data andtofixed continues driveline data sustains growth growth across our trajectory, business underpinned segments with the by continued demand for data connectivity continuing shift among consumers to a digital lifestyle Broadband Revenues Broadband Subscribers (in Php Mn) (in
Slide 6: Generation 3 stores and new services, devices and events
2/4/2015 We launched our Generation 3 stores to revolutionize the retail experience of our customers 7 New services, devices and events that deliver unique customer experiences iPhone6 and 6 Plus Launch New Postpaid and Prepaid Offers New Globe Store in New ILD Calling Offers Rome, Italy New GCash P
Slide 7: Consolidated Financial Highlights
2/4/2015 Financial Performance Highlights Consolidated Financial Highlights Y/Y Q/Q In Php Millions 2014 2013 4Q14 3Q14 Change Change Service Revenues 99,025 90,500 9% 26,324 25,006 5% OPEX & Subsidy* (59,754) (53,986) 11% (16,811) (14,325) 17% EBITDA 39,271 36,514 8% 9,513 10,681 (11%) EBITDA Margi
Slide 8: EBITDA rose by 8% YoY; capital expenditures at approximately Php21 Billion
2/4/2015 EBITDA rose by 8% YoY, as robust revenue growth and lower interconnect charges offset increases in subscriber- and network-driven costs YoY Change in EBITDA (in Php Millions) 8,531 853 1,193 2,123 1,110 2,193 36,514 39,269 +8% 2013 Inc. in Revenues Dec. in Inc. in Staff Inc. in Marketing In
Slide 9: Gross debt at Php65.3 Billion; 1Q15 Dividends; 2015 Consolidated Outlook
2/4/2015 Gross debt at Php65.3 Billion, though comfortably within covenant ratios Gross Debt Gross Debt/EBITDA Ratio (in Php Millions) 1.78 1.90 69,301 65,276 1.66 61,779 1.39 48,679 2011 2012 2013 2014 2011 2012 2013 2014 Covenant = 3:1 Gross D/E Ratio 1Q15 Dividends 1.66 Cash Dividend per 1.33 P20
Slide 10: Appendix
2/4/2015 Appendix 8
Slide 11: Historical Consolidated Service Revenues and EBITDA Margin
2/4/2015 Appendix 1: Historical Consolidated Gross / Net Service Revenues and EBITDA Margin 2013 2014 (In Million Pesos) 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q CONSOLIDATED SERVICE REVENUES Mobile 17,124 18,717 18,232 18,691 18,456 19,342 19,775 20,496 Voice 7,670 8,268 8,052 8,377 8,658 8,684 8,471 8,871 SMS 6,96