America Movil Sab De Cv Class B · BMV:AMX/B
America Movil Sab De Cv Class B — Q1 2025 Earnings Presentation
15 slides from America Movil Sab De Cv Class B's earnings presentation, Apr 30, 2025
Slide 1: Results
Results April 30%, 2025
Slide 2: Economic Activity in Mexico
Economic Activity in Mexico % YoY, 3-month moving average Global Indicator of Economic Activity (IGAE) Private Consump %YOY 6% 5% 4% 3% 2% 1% 0% 0% Jan-22 Source: INEGI Oct-22 Jul-23 May-24 Feb-25 % YoY 6% 5% 4% 3% 2% 1% AMERICA MOVIL First Quarter 0% -1% Jan-22 Oct-22
Slide 3: We added 2.4M postpaid subscribers with Brazil connect
AMERICA MOVIL : First Quarter Results 202! We added 2.4M postpaid subscribers with Brazil connect 987k clients, Colombia 163k and Mexico 133k Postpaid Net Adds: 1925 Thousand 1024 126 12, 10 28 Net Adds 955 (12) 5 7 133 — 155 a Brazil Colombia Argentina Mexico Other Other: include the rest of the Am
Slide 4: In the prepaid segment we posted 1.0M net prepaid losses
AMERICA MOVIL : First Quarter Results 2025 In the prepaid segment we posted 1.0M net prepaid losses as Mexico and Brazil disconnected subs Prepaid Net Adds: 1925 Thousand 1024 226 8 60 -58. -28 Net Adds = aes 2 a= a ——) 3 | 230 | Argentina Colombia Ecuador CENAM Other Other: include the rest of the
Slide 5: We connected 446k broadband accesses
AMERICA MOVIL : First Quarter Results 2025 We connected 446k broadband accesses. Mexico was t contributor with 165k clients, followed by Brazi Broadband Net Adds: 1925 Thousand 1024 325 92 21 49 22 Net Adds Mexico Brazil Central America Argentina Eastern Europe Other: include the rest of the America
Slide 6: Mobile postpaid and fixed-broadband were the main drivers access growth
AMERICA MOVIL : First Quarter Results 2025 Mobile postpaid and fixed-broadband were the main drivers access growth Access Growth %, March 25 vs. March 24 Mobile Prepaid Mobile Postpaid Fixed-Broadband
Slide 7: Service revenue was up 6.1% YoY with adjusted EBITDA
AMERICA MOVIL : First Quarter Results 2025 Service revenue was up 6.1% YoY with adjusted 4.0% YoY Consolidated Service Revenue & Adjusted EBITDA* %, annual growth at constant exchange rates 8% 6% 4% 2% « 1924 2024 3024 4024 e=Service Revenue ==Adjusted EBITDA *Information does not include Argentina.
Slide 8: Postpaid revenue growth remained stable across
Postpaid revenue growth remained stable across accelerated to 8.8% YoY Consolidated Mobile Service Revenue* %, annual growth at constant exchange rates 7% 10% 8% 6% 7% 6% 5% 4% A% > 2% 3% + T T T r 0% « 1024 2024 «©3024 = 4924-~—S 1925 *Information does not include Argentina. AMERICA MOVIL First Qua
Slide 9: Fixed-line service revenue growth came in at 6.7%
AMERICA MOVIL : First Quarter Results 2025 Fixed-line service revenue growth came in at 6.7% with Consolidated Fixed-Line Service Revenue Growth” %, annual growth at constant exchange rates 8% 7% 6% 5% 4% 3% 2% ¢ 1024 2024 3024 4024 *Information does not include Argentina.
Slide 10: Consolidated Fixed-Line Service Revenue by Business Line
Consolidated Fixed-Line Service Revenue by Business Line* % annual growth at constant exchange rates 15% 13.5% 12% 9% 6% 3% AMERICA MOVIL First Quarter Results 2025 0% + -3% 1924 *Information does not include Argentina. 2024 3024 4024 =Broadband «==Corporate Networks =PayTV
Slide 11: CENAM and Eastern Europe blocks were top performers
The CENAM and the Eastern Europe blocks were top performers in the period, exhibiting faster service revenue CENAM Service Revenue Growth %, annual growth 25% 20% 15% 10% 5% 0% : 19.8% 215.3% ? poe ermeee o Ao 0% 1024 2024 3024 4024 1925 ==Mobile ===Fixed-line = Service Revenue AMERICA MOVIL - First
Slide 12: EBIT rose 10% YoY to MXN 45Bn
AMERICA MOVIL - First Quarter Results 2025 EBIT rose 10% YoY to MXN 45Bn after a 16% increase in D&A charges, which partly reflects the addition of Chile Net Income: 1925 MxP Billion 13.0% 16.1% . 10.0% "2.0% 3B “6.5% EBITDA Depreciation EBIT Comprehensive Taxes and Net Income and Amortization Finan
Slide 13: Our leverage ratio excluding leases
AMERICA MOVIL : First Quarter Results 2025 Our leverage ratio—excluding leases—was equivalent to 1. times LTM EBITDAaL AMX Leverage Ratio* Times 18 16 14 12 1.0 1024 2024 3024 4024 *Net debt (excluding leases)/EBITDA aL.
Slide 14: Sources & Uses of Funds: Jan-Mar 2025
AMERICA MOVIL - First Quarter Results 2025 Net financing & OCF covered MxP 25Bn in CapEx, MxP 3Bn in Shareholder distributions & MxP 7Bn pesos in labor obligations Sources & Uses of Funds: Jan-Mar 2025 MxP Billion Operating Net Total Funds CapEx Shareholders Labor Cash Flow Borrowings Distributions
Slide 15: Results
Results April 30%, 2025
America Movil, S.A.B. de C.V. — Q1 2025 Earnings Presentation on 6ix