Slide 1: SEC Form 17-C Cover Sheet
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: No. Street City / Town / Province) ROSEMARIE MANIEGO-EALA 7
Slide 2: 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 1. May 5, 2022 Date of Report (Date of earliest event reported) 2. 1177 3. 000-768-480-000 SEC Identification Number BIR Tax Identification
Slide 3: 1Q 2022 Analysts' Briefing
Slide 4: New record high for quarterly revenues driven by sustained core growth
New record high for quarterly revenues driven by sustained core growth and strong showing of non-telco services Service Revenue EBITDA Net Income @o F o-| 19.1 19.5 19.7 18.3 18.0 +9% 1Q21 2Q21 3Q21. 4Q21 1922 1Q21 2Q21 3Q21 4Q21 1922 1Q21 2Q21 3Q21 4Q21 1922 Growth driven by data services EBITDA Ma
Slide 5: Mobile revenue sustains growth despite headwinds
Mobile revenue sustains growth despite headwinds, up 2% driven by 9% growth in mobile data MOBILE MOBILE MOBILE DATA VOICE SMS ae 20.8 3.9 72| ie A9% v17% VW¥11% Change Php 26.9B Mobile Revenue A2% YoY m= Mobile Voice m Mobile SMS m= Mobile Data me choye ee «61% v2% 410% YoY A27% YoY Mn 87.4 A1% QoQ
Slide 6: Continued home broadband decline as fixed wireless normalizes
Continued home broadband decline as fixed wireless segment continues to normalize following migration to wired solutions FIXED FIXED WIRED WIRELESS in 1.0 2.4 . : Subscribers (in Mn) es ; m Fixed Wired 7.0B ae ‘0 ange in ° Fixed Eos dang Revenue Siceitivons A31% V26% Wireless Vv 4% YoY = QoQ YoY Cha
Slide 7: ICT Revenues grew 59% YoY
▲ ▲ ▲ ▲ ▲ ▲ ▲ ▲ ICT Revenues grew 59% YoY 5
Slide 8: Investments in non-telco assets beginning to bear fruit
Investments in non-telco assets beginning to bear fruit with non-telco revenues growing 252% YoY Adspark yondu egNe —asticem edging 2eople rueling Eassions Php 0.8B Non-telco Revenue YoY 4252% YoY Change in 428% QoQ Revenue A195% A246% A73% A61% ECPay now has a general trade retail ec base of over 1
Slide 9: Network rollout momentum continues, enabled by CAPEX spend
Network rollout momentum continues, enabled by CAPEX spend of Php21.0 billion, with 82% for data-related requirements CAPEX BREAKDOWN 92.8 3% 4 In Php Bn 4% Uy) NEW CELL SITES BUILT 60.3 3.5K 0 aa: ° 43.3 % Uy) UPGRADED 1% MOBILE SITES Uy) 5G SITES 2018 2019 2020 2021 INSTALLED 3M22 mData mBusiness
Slide 10: Most consistent PH mobile operator network rankings
Mostconsstet «©6945 51.6 74.6 PH Mobile Operator for (78 points (12.8 points Q1 202211) (vs 70.43 last year) above Smart) above DITO) Globe is a Global Rising Star in: Video Experience 7 1 2 Voice App Experience Download Speed Experience Upload Speed Experience (3.3 points 4G Availability above Smar
Slide 11: GCash continues its strong growth momentum
GCash continues its strong growth momentum as the world opens up Active Users, data.ai an 60M 2 29M 19M 500B+ tio sors oe sensor tesa az rc oY growth YoY growth YY growth 3.8T inFY 2021 Merchants and Cash-in, Cash-out GLife Merchant Social Sellers Agent Network Partners a 2.7X YoY growth 5.5X YoY gr
Slide 12: Launched Dec 2021 lending disbursements
Launched Dec 2021 sty ting Deeaite Disbursed a9 Disbursed an Disbursed Php 29B since launch Php 2.2B since launch Php 130M since launch
Slide 13: Registered users across multiple partners
5.3M Registered Launched Oct 2020 across multiple partners 24 \@NSE Insurance - Life >BPIMs Products / GENERAL
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Slide 15: Globe cements powerhouse data center partnership
Globe cements powerhouse data center partnership with Data center Mandaluyong City Post-execution structure: STT GDC and Ayala Corporation Quezon City STT GDC and AC subscribed to new shares in KarmanEdge, Inc., a 100% owned subsidiary of Globe that houses the carved-out data center business. Post-m
Slide 16: Globe Group accelerating transformation and expanding digital ecosystem
Globe Group is accelerating transformation and expanding digital ecosystem further to complement its Core Services INQUIRO 000 M360 @) Gcash Provides multi-channel #1 Finance App in the < > communication services to \ >1000 businesses and generates >700M monthly traffic w/ access A G GCash to >150M
Slide 17: The Philippines' first TraDigital Media and Entertainment Company
The Philippines’ first TraDigital Media and Entertainment Company 100% Filipino entertainment company owned by the 917Ventures Retirement Fund and backed by Globe group of companies | > KROMA ENTERTAINMENT Our Brands &TiNéS Of Business: HG freebie AN | MA LIVE we WardeR MINI 1] AYMa Pie SECRET MENU
Slide 18: Multi-screen real time interactive entertainment launching 23 May 2022
eas: Gunousenolds in af : yoilo, Na la, CebU. ¥ ne mBagui. Zampoane Me and nearby pean: pigital Terres? Bro z vi TV systems e + selectpay ad 4 ad steed the only MUtti-Sscreer real time interactive 1 that can bring people together through shareable experiences that are fun, rewarding, authentic, incl
Slide 19: Meet the Bakers of Pie
Meet the Bakers of Pie The country’s foremost content + technology players have come together to bring you a new, one-of-a-kind entertainment experience. KROMA ENTERTAINMENT M360" BOUESPISpXrk 2 INQUIRO 17
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Slide 21: NIAT of Php13.7 Billion despite headwinds from Omicron and Odette
NIAT of Php13.7 Billion despite headwinds from Omicron and Odette. Normalized NIAT up 2% YoY and Normalized Core NIAT flat YoY Gross Service Revenues 39,155 37,813 OPEX and Subsidy’ (19,475) (19,525) EBITDA 19,680 18,288 EBITDA Margin 50% 48% Depreciation (11,049) (9,173) EBIT 8,631 9,115 Non-Op Cha
Slide 22: Revenue improvement and cost management drive YoY growth in EBITDA
Revenue improvement and cost management drive YoY growth in EBITDA A v v A Mi A v 1,342 40 325 643 aw 183 eo 19,680 18,288 L] nl YoY (in Php Mn) 3M21 EBITDA Inc. in Inc. in Inc. in Staff Dec. in Inc. in Network Dec. in Inc. in Services 3M22 EBITDA Revenues Interconnect Costs Marketing & Costs Provis
Slide 23: Excluding impact of DC sale and CREATE, normalized net income improved 2%
Excluding the impact of DC sale in 1Q22 and CREATE in 1Q21, normalized net income improved by 2% EBIT 8,631 - 8,631 9,115 Non-op Charges 8,296 (10,296) (2,000) (2,229) Provision for tax (3,265) 1,777 (1,488) (1,850) Normalized Net 13,662 (8,519) 5,143 5,035 Income Normalized Core Net a 5,110 5,110 5
Slide 24: Gearing: Key ratios improve despite continued investment
Gearing: Key ratios improve despite continued investment on the back of sound capital management Cash (in Php Bn) Gross Debt (in Php Bn) Gross Debt to Equity (Max of 3:1) Net Debt to Equity Gross Debt to EBITDA (Max of 3.5:1) Net Debt to EBITDA Debt Service Coverage Ratio (Min of 1.3x)
Slide 25: 2022 Consolidated Outlook
2022 Consolidated Outlook: Growth in service revenues upgraded to mid-single digit Mid single digit growth ~50% ~Php89 billion / ~USD1.7 billion HE 23