Liberty Latin America Ltd. · NASDAQ:LILA
Liberty Latin America — Q3 2026 Earnings Presentation
30 slides from Liberty Latin America's earnings presentation, Nov 5, 2026
Slide 1: November 2026
NOVEMBER 2026 Part of Liberty Latin America 1
Slide 2: Forward-Looking Statements & Disclaimer
LLA PURPLE “SAFE SLIDES – HR USE HARBOR” FORWARD-LOOKING STATEMENT | DEFINED TERMS FORWARD-LOOKING STATEMENTS & DISCLAIMER and deployment of capital; fluctuations in currency exchange and interest rates; the ability of suppliers and vendors to timely deliver quality products, equipment, software, se
Slide 3: About Us
LLA PURPLE SLIDES – HR USE ABOUT US 3
Slide 4: Liberty Latin America: Connecting Communities. Changing Lives.
LIBERTY LATIN AMERICA QUR PURPOSE Connecting Communities. Changing Lives.
Slide 5: Investment Highlights
LLA PURPLE SLIDES INVESTMENT – HR USE HIGHLIGHTS (1) ATTRACTIVE GROWTH OPPORTUNITY UNDERPINNED BY LEADING ASSETS END- TO- END COMMUNICATIONS PLATFORM leveraging the power of a market-leading sub-sea network, 6.8 3.9 MILLION MILLION fixed-line networks & mobile platforms MOBILE FIXED SUBs RGUs ATTRAC
Slide 6: Operations Across LatAm & the Caribbean
LLA LLAPURPLE SLIDES OPERATIONS – HR USE ACROSS LATAM & THE CARIBBEAN(1) SUBSTANTIAL DIVERSIFICATION ACROSS BUSINESSES & GEOGRAPHIES PUERTO RICO COSTA RICA REVENUE $1.4 $0.7 $0.5 $1.2 $0.7 $4.4 BILLION BILLION BILLION BILLION BILLION BILLION ADJUSTED $0.7 $0.3 $0.2 $0.4 $0.3 $1.7 OIBDA BILLION BILLI
Slide 7: LatAm & Caribbean Market
LLA PURPLE LATAM SLIDES – HR & CARIBBEAN USE MARKET FULL-SERVICE PROVIDER ACROSS NEARLY ALL OUR CONSUMER MARKETS (1) (2) OUR BRAND FIXED PRODUCTS MOBILE LARGEST OR COMPETITORS(3) (1) Other mobile operators in the markets include: CCT in the BVI, ATN International operating under the brand Logic and
Slide 8: Fixed RGUs & Mobile Subscribers
LLA PURPLE FIXED RGUs SLIDES – HR & MOBILE USE SUBSCRIBERS (1) REPORTING SEGMENT VIEW PUERTO RICO COSTA RICA 46% 39% 49% 46% 0.8M 1.0M 20% 1.5M 0.6M FIXED 35% FIXED 29% FIXED FIXED 36% RGUs RGUs RGUs RGUs 19% 26% 34% 22% BROADBAND VIDEO TELEPHONY 77% 76% 44% 20% 1.9M 2.1M 0.7M 2.2M MOBILE MOBILE MOB
Slide 9: Revenue Overview
LLA PURPLE REVENUE SLIDES –(1)HR USE OVERVIEW DIVERSIFIED BY GEOGRAPHY & PRODUCT REVENUE BY GEOGRAPHY REVENUE BY PRODUCT 4% BAHAMAS JAMAICA 9% FIXED 28% 21% OTHER 32% B2B NETWORKS & LATAM 9% $4.4 15% RICA COSTA $4.4 BILLION BILLION PANAMA 16% 1% OTHER 25% PUERTO MOBILE 40% RICO (1) Revenue totals fo
Slide 10: Revenue by Product
LLA PURPLE REVENUE BYSLIDES – HR PRODUCT (1) USE REPORTING SEGMENT VIEW PUERTO RICO 41% 33% 18% 49% 31% $1.4 $0.7 $1.2 BILLION BILLION BILLION COSTA RICA 42% 15% 33% 36% 2% 24% 70% $0.5 $0.7 BILLION BILLION 10% 30% 66% RESIDENTIAL FIXED RESIDENTIAL MOBILE B2B SERVICE WHOLESALE OTHER (1) Revenue tota
Slide 11: Leading Infrastructure Networks
LLA PURPLE SLIDES| – INFRASTRUCTURE HR USE NETWORKS(1) LEADING COMPETITIVE EDGE THROUGH SUPERIOR SUBSEA, FIXED & MOBILE ASSETS SUBSEA & TERRESTRIAL NETWORK FIXED FOOTPRINT & MOBILE TECHNOLOGY BY MARKET HOMES PASSED | THOUSANDS FTTH HFC 2-WAYS OTHER GIGABIT-READY UNIQUE, CRITICAL INFRASTRUCTURE WITH
Slide 12: Board of Directors & Management Team
LLA OURPURPLE BOARD SLIDES – HR USE OF DIRECTORS & MANAGEMENT TEAM INDUSTRY LEADERS BOARD OF DIRECTORS MANAGEMENT TEAM JOHN MIKE BALAN ALFONSO CHARLIE BALAN CHRIS JOHN KERRY AAMIR MALONE FRIES NAIR DE ANGOITIA BRACKEN NAIR NOYES WINTER SCOTT HUSSAIN DIRECTOR EXECUTIVE CHIEF EXECUTIVE CHIEF FINANCIAL
Slide 13: Q3 2026 Review
LLA PURPLE SLIDES – HR USE Q3 2026 REVIEW 13
Slide 14: Key Messages
LLA PURPLE LIBERTY SLIDES LATIN – HR USE AMERICA | KEY MESSAGES(1) SUSTAINED OPERATIONAL PROGRESS; MARGIN & ADJUSTED FCF EXPANSION UNDERPINNING CAPITAL RETURNS 1 2 3 4 ~56K +3% ~$140M >$150M Q3 POSTPAID & Q3 ADJUSTED OIBDA YTD SHARE BROADBAND NET YOY REBASED ADJUSTED FCF REPURCHASES TO ADDS GROWTH Y
Slide 15: Q3 & YTD 2026 Financial Results
LLA PURPLE Q3 & SLIDES YTD 2026 – HR USE FINANCIAL RESULTS(1) ADJUSTED OIBDA GROWTH & MARGIN EXPANSION; STRONG YTD CASH FLOW IMPROVEMENT REVENUE ADJUSTED OIBDA P&E ADDITIONS ADJUSTED FCF BEFORE DISTRIBUTIONS IN USD MILLIONS; REBASED GROWTH RATE IN USD MILLIONS; REBASED GROWTH RATE IN USD MILLIONS; A
Slide 16: Segment Financial Results | C&W Credit Silo
LLA PURPLEFINANCIAL SEGMENT SLIDES – HR USE | C&W CREDIT SILO(1) RESULTS STRONG YOY MOBILE SERVICE REVENUE GROWTH IN LC & CWP; LN ADJ. OIBDA IMPACTED BY COST MILESTONE Q3 2026 IN USD MILLIONS 16% 16% 13% 16% AS % OF AS % OF AS % OF AS % OF REVENUE REVENUE REVENUE REVENUE 366 657 172 189 301 122 60 7
Slide 17: Segment Financial Results | LCR & LPR Credit Silos
LLA PURPLEFINANCIAL SEGMENT SLIDES – HR USE | LCR & LPR CREDIT SILOS(1) RESULTS SOLID REBASED ADJUSTED OIBDA GROWTH IN BOTH LCR & LPR COSTA RICA PUERTO RICO Q3 2026 Q3 2026 IN USD MILLIONS 10% IN USD MILLIONS 14% AS % OF AS % OF REVENUE REVENUE 289 173 103 69 18 40 REVENUE ADJUSTED OIBDA P&E ADDs RE
Slide 18: Balance Sheet Position & Liquidity
LLA PURPLE BALANCE SLIDES SHEET – HR USE POSITION(1) & LIQUIDITY RETURNING CAPITAL TO SHAREHOLDERS LLA FINANCING PRINCIPLES KEY METRICS SEPARATE CREDIT POOLS Independent, ring-fenced capital structures with no cross- $8.5 $0.6 BILLION BILLION guarantees or cross-defaults TOTAL DEBT TOTAL DEBT CASH C
Slide 19: Conclusions
LLA PURPLE SLIDES CONCLUSIONS (1) – HR USE POSITIONED FOR A STRONG FINISH TO 2026 1 2 3 4 INNOVATING IMPROVING FINANCIAL DELIVERING ON RETURNING CAPITAL COMMERCIAL OFFERS MOMENTUM INTO Q4 ADJUSTED FCF TO SHAREHOLDERS Commercially active season Unbeatable Internet launched in ahead YTD 2026 Adjusted
Slide 20: Appendix
LLA PURPLE SLIDES – HR USE AGENDA 01 | EXECUTIVE SUMMARY 02 | FINANCIAL RESULTS 03 | APPENDIX
Slide 21: Definitions & Additional Information
LLA PURPLE SLIDES DEFINITIONS – HR USEINFORMATION & ADDITIONAL D2C REVENUE GENERATING UNIT (“RGU”) Direct to cell RGU is separately a video RGU, internet RGU or telephony RGU. A home, residential multiple dwelling unit, or commercial unit may contain one or more RGUs. For example, if a residential c
Slide 22: Information on Rebased Growth
LLA PURPLE SLIDES INFORMATION – HR USEGROWTH ON REBASED Rebase growth rates are a non-GAAP measure. For purposes of calculating rebased growth rates on a OIBDA amounts for the periods indicated, to derive our rebased growth rates. Due to rounding, certain rebased comparable basis for all businesses
Slide 23: Information on Rebased Growth (Cont.)
LLA PURPLE SLIDES INFORMATION – HR USEGROWTH (CONT.) ON REBASED Rebase growth rates are a non-GAAP measure. For purposes of calculating rebased growth rates on a OIBDA amounts for the periods indicated, to derive our rebased growth rates. Due to rounding, certain rebased comparable basis for all bus
Slide 24: Information on Rebased Growth (Cont.)
LLA PURPLE SLIDES INFORMATION – HR USEGROWTH (CONT.) ON REBASED Rebase growth rates are a non-GAAP measure. For purposes of calculating rebased growth rates on a OIBDA amounts for the periods indicated, to derive our rebased growth rates. Due to rounding, certain rebased comparable basis for all bus
Slide 25: Information on Rebased Growth (Cont.)
LLA PURPLE SLIDES INFORMATION – HR USEGROWTH (CONT.) ON REBASED Rebase growth rates are a non-GAAP measure. For purposes of calculating rebased growth rates on a OIBDA amounts for the periods indicated, to derive our rebased growth rates. Due to rounding, certain rebased comparable basis for all bus
Slide 26: Adjusted OIBDA Definition & Reconciliation
LLA PURPLEOIBDA ADJUSTED SLIDES – HR USE & RECONCILIATION(1) DEFINITION On a consolidated basis, Adjusted OIBDA is a non-U.S. GAAP measure. Adjusted OIBDA is the primary measure performance in the different countries in which we operate. We believe our Adjusted OIBDA measure is useful used by our ch
Slide 27: Adjusted OIBDA Definition & Reconciliation (Cont.)
LLA PURPLEOIBDA ADJUSTED SLIDES – HR USE & RECONCILIATION (CONT.)(1) DEFINITION On a consolidated basis, Adjusted OIBDA is a non-U.S. GAAP measure. Adjusted OIBDA is the primary measure performance in the different countries in which we operate. We believe our Adjusted OIBDA measure is useful used b
Slide 28: Consolidated Leverage Ratio Definition & Reconciliation
LLA PURPLE SLIDES CONSOLIDATED – HR USE LEVERAGE RATIO DEFINITION & RECONCILIATION We have set forth below our consolidated leverage and net leverage ratios. Our consolidated leverage and net is measured using swapped foreign currency rates. We believe our consolidated leverage and net leverage leve
Slide 29: Adjusted Free Cash Flow Definition & Reconciliation
LLA PURPLEFREE ADJUSTED SLIDES – HR CASH USE DEFINITION & RECONCILIATION FLOW We define Adjusted Free Cash Flow (Adjusted FCF), a non-GAAP measure, as net cash provided by our because this measure can be used to gauge our ability to service debt and fund new investment opportunities. operating activ
Slide 30: Flag Directory
LLA PURPLE FLAG SLIDES – HR USE DIRECTORY Country Flags Country Flag Country Flag Country Flag Country Flag Country Flag St. Vincent & the Anguilla Cayman Islands Jamaica St. Eustatius Grenadines Antigua & Barbuda Costa Rica Montserrat St. Kitts & Nevis The Bahamas Barbados Curaçao Panama St. Lucia
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