Rostelecom · RUS:RTKM
Rostelecom — Investor Presentation (April 2024)
18 slides from Rostelecom's investor presentation, April 2024
Slide 1: Gearing up for the future – Investor Presentation
P rostelecom GEARING UP FOR THE FUTURE Investor Presentation
Slide 2: Rostelecom - driving growth as the digital leader in Russia
Rostelecom - driving growth as the digital leader in Russia Rostelecom Advanced fiber infrastructure to facilitate nationwide digitalisation High quality services to ensure digital transformation of the state, economy and society e Rostelecom Building digital Russia we play Reliable, protected and r
Slide 3: Unrivaled fiber infrastructure is a pillar of digital service proposition
Unrivaled fiber infrastructure is a pillar of digital service proposition © © Bs 71.3Tbps 41.6m 89% 21k IP/MPLS backbone Households passed by Of the population resides in Data centers racks network capacity fiber areas covered by LTE mobile network infrastructure
Slide 4: 2023 financial highlights — meeting strategic targets ahead of schedule
a 2023 financial highlights — meeting strategic targets ahead of schedule RUB bn 2023 2022 YoY.% Revenue 707.8 627.1 12.9% OIBDA 283.2 251.4 12.6% OIBDA margin 40.0% 40.1% -0.1pp Net Profit 42.3 35.2 20.2% Free Cash Flow (FCF) 56.8 45.2 11.6 Total CAPEX 147.2 116.9 25.9% CAPEX / Sales 20.8% 18.6% 2.
Slide 5: Digital services become #1 revenue growth driver
Digital services become #1 revenue growth driver, traditional services grow faster than the market Revenue structure by services Revenue structure by services 6% oe RUB bn 2023 2022 YoY YoY. % wn 33% HE Mobile services 234.9 208.3 26.6 12.8% 12% Ml Fixed broadband 102.0 96.9 51 5.2% 6% \ 2023 fo Hl
Slide 6: Key financial performance indicators
e Key financial performance indicators OIBDA 119% 12.6% 45.0% 42.6% * 584% 40.1% 40.0% 34.5% e 35.3% ° ° . ° 2514 283.2 661 718 633 742 740 | | | | | | | 4q22 1q23 2q23 3q23. 4q23 2022 2023 I OIBDA, RUB bn @ —OIBDA margin. % CAPEX +513% 25.9% 33.4% 24.1% ° 16.3% 18.0% 18.6% 20.8% "es ° neg “7? ° 69.
Slide 7: Comfortable debt position
Comfortable debt position Debt profile Gross debt composition 9.7% / 12.2% / 0.0 | 22% 20 20 I Bank loans . 18 18 18 3 1m f I Bonds ° ° Y Lease liabiliti 569.9 535.2 522.3 555.0 6249 I Total debt RUB bn 4% Bi Lease Fobilties I et debt RUBEN IB Loans and other sho hs a Go 568.3 @ Net debt / OIBDA, x
Slide 8: Strategy 2021-2025 key focus areas
Strategy 2021-2025 key focus areas
Slide 9: Focus on new businesses
Focus on new businesses Targets 2025 Digital Health Information security #1 player CN Rostelecom 25% Data centres & Digital services Cloud for public sector IPO Digital Region
Slide 10: Mobile business continues to grow at a double-digit rate
Mobile business continues to grow at a double-digit rate enhancing customer loyalty and retention Key financial indicators, RUB bn © © 16.7% 48.4% 7% “ ° fo} 48.1m +5.9% a t +140% Total mobile subscribers. ‘Active mobile data users — growth 121.2 2) Ho19 @ => © %» -16 +13% 6 pp eon 2028 Tele2 Russia
Slide 11: Strong growth in B2C thanks to broadband fiber new adds
Strong growth in B2C thanks to broadband fiber new adds and WINK > videoplatform successful premiers Key financial indicators, RUB bn @& 30.0% ; ; 11 Pox m B2C Broadband 139.7 subscribers 419 427 © +/% B2C Broadband HE Revenue MM OIBDA—@ OIBDA margin % subscribers growth despite market maturity 2022
Slide 12: Solid growth in B2B/G thanks to the growing demand
4 Solid growth in B2B/G thanks to the growing demand for additional digital services together with reliable connectivity services Key financial indicators, RUB bn © 34.7% 34.4% ° ° @> | | m + 2 Ay B2B/G Broadband and Virtual PBX VPN subscribers revenue growth 130.7 os - 402 oo > ® +10.2% +66% 2022 2
Slide 13: B2O: stable demand for wholesale telecommunication services
4 B20: stable demand for wholesale telecommunication services and the expansion of project portfolio Key financial indicators, RUB bn 33.1% e 29.7% e 66.6 58.9 22.0 7.5 2022 2023 II Revenue Hi OlBDA @ OIBDA margin, % Notes: v Transit backbone telecommunication channels development v International ne
Slide 14: Sound results of the Data Centers and Cloud Services cluster
Sound results of the Data Centers and Cloud Services cluster, #1 in Russia Key financial indicators, RUB bn 45.4% e e fo} fo} +21% +36% 63.5 t 245% ) Collocation services laaS services revenue revenue growth growth 44.0 26.0 © 7 @> Nt 6 5k Leader of Data Centers and laaS_ Data centers racks built in
Slide 15: Solid performance of the Information Security cluster
Solid performance of the Information Security cluster Key financial indicators, RUB bn . +38% Total cluster revenue 14.2% : growth a q Bs : : +50% 2022 2023 Cybersecurity products revenue growth HE Revenue = OIBDA-—@ OIBDA margin. % Notes: (1) Here and hereafter key financial indicators of segments
Slide 16: Digital Region cluster: strong demand for complex digital solutions
Digital Region cluster: strong demand for complex digital solutions Key financial indicators, RUB bn (=) o3.8% 24.7% ri . 25.9 t sa5% CCTV cameras in total : ~ @& 193 Automated weight and dimension compliance 2022 2023 stations for cargo HE Revenue J OIBDA. = @ OIBDA margin. % transportation in tota
Slide 17: Investment highlights
Investment highlights Reed progressive ividend policy 5.4465 RUB dividend per share paid in 2023 (almost 20% growth y-o-y) Leading market position N21 player in Russia on Broadband, IPTV, Data centers and laaS markets N23 mobile player in Russia Major and unique nationwide fiber infrastructure 73.1
Slide 18: Contacts
Contacts Investor relations Office: +7 (499) 995 9780 E-mail: ir@rt.ru Web: www.company.rt.ru/en/ir/ 4 18