Slide 1: SEC receipt barcode page
411042016001517 SECURITIES AND EXCHANGE COMMISSION SECBuilding, EDSA, Greenhills, MandaluyongCity, MetroManila, Philippines Tel:(632) 726-0931 to 39 Fax:(632) 725-5293 Email: mis@sec.gov.ph Barcode Page The following document has been received: Receiving Officer/Encoder : Salvador S. Baculanta Jr. R
Slide 2: SEC Cover Sheet
Total Amount of Borrowings COVER SHEET | P |W| 0 |0 |0 I 0 I 1 | 1 |7 |7 I I GI L I OI Bj EI | T | E | L | E| C| TTTT LL U_L i i i i in (Company's Full Name) |2 | 7 | / |F | | T | H | E | | G | L ( 0| B| E| |T | O|W| E| R I 3 I 2 I N I D I |S |T |R |E |E |T | I C|0 |R |N |E |R I |7 |T |H| | A | V |
Slide 3: SEC Form 17-C Current Report
SECURITIES AND 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 4 November 2016 Date of Report (Date of earlies event reported) 1177 | 3- ...P99.:7.?M?M9P SEC Identification Number bTr fax identification
Slide 4: 3Q16 Analysts' Briefing
Slide 5: Performance Highlights: Solid 9M16 revenue and EBITDA growth
Performance Highlights: Solid 9M16 revenue and EBITDA growth despite intense coer On a normalized basis, NIAT —_ lower by 2% YoY. |9M16 vs. 9M15_ 6 vs. 9M15 Service Revenues * Revenue growth spurred by data Sway demand across’ major — service Php billion segments EBITDA 7 * EBITDA rose as higher rev
Slide 6: Revenue growth remains broad-based led by Home Broadband
Revenue growth remains broad-based led by Home Broadband. Larger subscriber base bodes well for greater data use going forward. Mobile Home Corporate FixedLine Total Broadband Data Voice 9M16 vs. +1% +36% +33% +13% +7% 9M15 3Q16 vs. -2% +17% 3Q15 Mobile Subscribers Broadband Subscribers YE15 9M16 YE
Slide 7: Data demand on the rise and supported by expanding network
Data demand on the rise and supported by expanding network, rising smartphone penetration, and wide range of data and content offers. Mobile Data Home Broadband Corporate Data In Php Millions In Php Millions In Php Millions | 434% I | +33% 1 vs.9M15 | +36% j vs. 9M15 I 1 ys.9M15 I | | I 9 | | 9 I +1
Slide 8: Committed to improving service delivery via LTE rollout
Globe remains committed to improving service delivery by fast-tracking the rollout of LTE 700 and LTE 2600 sites. Use of Additional LTE 700 and 2600 Frequencies * Rolled out close to 260 LTE 700 and 900 LTE 2600 sites to-date in Metro Manila and key cities nationwide * Part of commitment to NTC to d
Slide 9: New products, partnerships and network initiatives
New products, partnerships and network initiatives that reinforce the Filipino digital lifestyle (F) . G & . #& Network Capacity and Coverage t= » New Content Partnerships Davao Data Globe Free WiFi in MRT Center and LRT Stations Globe - Musical.ly Globe and Turner launch inauguration Partnership Ca
Slide 10: Financial Highlights
Financial Highlights
Slide 11: 9M16 vs 9M15 reported and normalized income statement
Yondu and 9M16 9M15 VTI Impact Bayan Impact 9M16 9M15 (in Php Mn) Reported Reported YoY % (9M16) (9M15) Normalized Normalized YoY% Gross Service Revenues 89,088 83,356 7% 89,088 83,356 7% OPEX & Subsidy* (51,577) (48,569) 6% (51,577) (48,569) 6% EBITDA 37,511 34,787 8% 37,511 34,787 8% EBITDA Margin
Slide 12: EBITDA and net income bridges 9M15 to 9M16
5,732 239 1,326 938 1,412 968 - - - - 34,787 37,512 9M15 EBITDA Inc. in Inc. in Inc. in Staff Dec. in Inc. in Network Inc. in 9M16 EBITDA Revenues Interconnect Costs Marketing & Costs Provisions, Charges Subsidy Services & Other OPEX 14,144 11,716 2,724 2,789 1,593 148 19 641 12,551 12,357 9M15 Repo
Slide 13: Capital expenditures at approximately Php26.6 Billion
Capital expenditures at approximately Php26.6 Billion or USD 561.9 Million*, with 64% related to data requirements Capex* In Php Billions i} I 32.1 I I 26.6 i} 21.2 I i} I ! i) 2013 2014 2015 1 9M16 2012 2013 2014 2015 9M16 * Based on FX rate of Php47.40 mBusiness Support mOthers mCore mData * Data-
Slide 14: Debt levels remain comfortably within covenant ratios
Despite the SMC transaction, debt levels remain comfortably within covenant ratios. Gross Debt In Php Billions 90,723 65,276 72,229 2014 2015 9M16 Gross Debt/EBITDA Covenant = 3:1 Gross D/E Ratio Covenant = 2.5:1 2014 2015 9M16 4Q16 Dividends Cash Dividend per Common Php22.00 Share: Record Date: Nov
Slide 15: Globe: Creating a Wonderful World
a@) 7am (Yo Globe Creating a Wonderful World
Slide 16: Quarterly consolidated service revenues and EBITDA
2014 2015 2016 (In Million Pesos) 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q CONSOLIDATED SERVICE REVENUES Mobile 19,346 20,382 20,874 21,959 21,635 22,826 23,052 23,730 23,064 22,679 22,517 Mobile Voice 8,710 8,738 8,530 9,016 9,191 9,556 9,315 9,065 8,181 8,471 8,752 Mobile SMS 7,044 7,271 7,332 7,675 6,807
Slide 17: Subscribers, net adds and churn rate
2015 2016 Subscribers 1Q 2Q 3Q 4Q 1Q 2Q 3Q Globe Postpaid 2,458,045 2,517,215 2,561,290 2,597,027 2,564,148 2,521,218 2,508,800 Globe Prepaid 22,214,373 23,287,012 24,391,990 25,915,096 25,452,193 27,381,884 29,409,827 TM 23,745,018 25,195,520 26,130,002 27,670,555 29,249,341 31,408,346 33,444,153 T
Slide 18: Core net income reconciliation
(in Million Pesos) 3Q16 3Q15 % Change 2Q16 % Change Reported Net Income After Tax 2,742 5,434 -50% 4,639 -41% Deferred Tax on Unexercised 30 (1,205) -103% (7) -560% Stock Options Add (deduct) Forex loss (gain) 203 311 -35% 27 656% Other Adjustments – (including (61) (461) -87% (8) 656% acc. deprecia