Slide 1: Cover Sheet
DocuSign Envelope ID: A876AF71-FF8D-4F4F-9AE2-E0AB9160BCF9 COVER SHEET P W 0 0 0 0 1 1 7 7 G L O B E T E L E C O M , I N C . (Company's Full Name) 2 7 / F T H E G L O B E T O W E R 3 2 N D S T R E E T C O R N E R 7 T H A V E N U E B O N I F A C I O G L O B A L C I T Y T A G U I G (Business Address:
Slide 2: SEC Form 17-C Current Report
DocuSign Envelope ID: A876AF71-FF8D-4F4F-9AE2-E0AB9160BCF9 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 1. May 6, 2021 Date of Report (Date of earliest event reported) 2. 1177 3. 000-76
Slide 3: Recreate. A Braver Tomorrow
RECREATE. A BRAVER TOMORROW
Slide 4: 1Q 2021 Performance
1Q 2021 Performance 1Q21 vs 1Q20 vs 4Q20 Service Revenue ai 3 7. 8 A 3 % Revenue recovery sustained from continued A | % record performance of home broadband EBITDA pnp | 8. 3 vV 1 1 %G EBITDA Margin at 48% A 6% due to higher operating expenses Net Income Net i benefitted fi l - mn 7.3411% operating
Slide 5: Home broadband revenue at all-time high
Home broadband revenue at all-time high 29 ° 26.3 A i%000 Mobile Revenue 2.5M POSTPAID SUBSCRIBERS V 8% YoY 38.9M GP SUBSCRIBERS V 8% YoY 38.4M TM SUBSCRIBERS Y 13% YoY A15% YoY 11. 2% QoQ Fixed Line and Home Broadband Revenue 0.8M FIXED WIRED SUBSCRIBERS 422% YoY 3.3M FIXED WIRELESS SUBSCRIBERS 4 1
Slide 6: Data now accounts for 79% of Service Revenues
Data now accounts for 79% of Service Revenues 83 6 A60% YoY PB 411% QoQ Mobile Data Traffic (1Q21) A 4% YoY Mn 38. 4 A 2% QoQ Mobile Data Users 7 461% YoY GB ° A6% QoQ Mobile Data Monthly ATPU SERVICE REVENUE MOBILE DATA Be 19.2 A4% YoY HOME BROADBAND Php 6 CORPORATE DATA 1A MOTH YOY ar? 3.3 A0.4%Yo
Slide 7: Products and Services
Products and Services GO Long Validity Get more out of your SIM 3.3 GOSURPRISES 4.4 GOSURPRISES GB ciobe PREPAID Globe POSTPAID Globe 5 ms 2 : } ) FREE FIBER UP. AT HOME
Slide 8: Globe accelerates network transformation program
Globe accelerates network transformation program, shows continuous improvements ‘) 318 's) 4,210 287,000 UPGRADED MOBILE SITES HIGH-SPEED NEW CELL TOWERS BUILT Byes jou DSEE A152% vs. 3M20 A106% vs. 3M20 INSTALLED Globe was recognized in Opensignal’s Global Mobile Network Experience Awards 2021 "1 G
Slide 9: Ookla Speedtest network speed analysis
▲ ▲ Source: OoklaⓇ analysis of Speedtest IntelligenceⓇ data for median download speeds in the Source: OoklaⓇ analysis of Speedtest IntelligenceⓇ data for median upload speeds in the Philippines Q1 2020 - Q1 2021. Philippines Q1 2020 - Q1 2021. *Consistency Score™ reflects the % of a provider’s
Slide 10: GCash cements industry leadership with sustained growth momentum
As of March 2021 Registered Users FEIT sor ar ~1/3 Financial Services penetration of monthly active users GCash cements industry leadership with sustained growth momentum 5.4x Active User Txn Count Merchants & YTD Revenue Growth Per day Social Sellers Growth (Mar YoY) er), (1Q2 0 GCredit Best intere
Slide 11: GCash services and promotions
Magiovst ane fane Chin Pe 50% OFF ON ALL CHICKEN BUCKETS: { Fishermen ‘row your money with Teow’sinvest turds! Manage your family’s budget kahit abroad, moekebayen! @iccash Kabayan, LIBRE ang ‘Cash to GCash kahit abroad kal Kumusta, may’ a ered kanaba?
Slide 12: 917Ventures program and portfolio highlights
917 A 3-month program that brings external talents into the 917Ventures family to provide them the opportunity to launch their business ideas. e Launched Q42020 e Over 250 applications received o 5 external ventures confirmed e 5S newangel ventures launched \ift nue 49 KodeGo 4, ticket \ Benta.tv wo
Slide 13: Financial
@®&} Globe Financial RECREATE. A BRAVER TOMORROW
Slide 14: Financial results summary
1/ OPEX & Subsidy includes interconnect charges 13 2/ Core Net Income excludes forex, mark-to-market gains and losses, and non-recurring items
Slide 15: YoY EBITDA lower due to network expansion, cloud, and marketing costs
YoY EBITDA lower due to continued network expansion, cloud, and marketing costs YoY (in Php Mn) 20,476 1Q20 EBITDA Inc. in Network Costs Inc. in Marketing & Subsidy Inc. in Staff Costs Dec. in Interconnect Charges Inc. in Revenues QoQ (in Php Mn) 9 17,258 a Inc. in Provisions Inc. in Services & > 18
Slide 16: Depreciation up with network expansion; non-operating expenses and tax dropped
Depreciation expenses up in line with network expansion; Non-operating expenses and tax provisions dropped, impacted by CREATE law YoY (in Php Mn) 6,595 1Q20 Reported Net Income QoQ (in Php Mn) 2,735 4Q20 Net Income 534 A11% Change in EBITDA Inc. in Dec. in Non- Depreciation operating expenses A168%
Slide 17: Capex Breakdown
CAPEX BREAKDOWN In Php Bn 42.5 43.3 2% 13% 4 3% 6% - Business - Others Support | «1% - Core 2018 2019 2020 © 1Q21 Data _—_ Business Support Core Others
Slide 18: Gearing: Debt level within covenant ratios
Gearing: Debt level within covenant ratios 1Q 2021 FY 2020 2Q 2021 CASH DIVIDEND Cash (in Php Bn) 14.5 19.5 Gross Debt (in Php Bn) 168.9 167.7 Gross Debt to Equity (Max of 3:1) 1.92x 2.02x RECORD DATE: Net Debt to Equity 1.76x 1.79x May 21, 2021 Gross Debt to EBITDA (Max of 3.5:1) 2.46x 2.42x Net De