Slide 1: Investor Presentation: Financial results for the period ended September 30, 2025
Investor Presentation Financial results for the period ended September 30, 2025
Slide 2: Disclaimer
Disclaimer By attending the meeting where this presentation is made, or by reading the presentation slides, you agree to be bound by the following limitations: The information in this document has been prepared by Digi Communications N.V., (the "Company“ or “DIGI”) and solely for use during the pres
Slide 3: 9M 2025 Results overview
9M 2025 Results overview REVENUES and other income excluding 16.2% up to € 1,643 million (1,414 million in Q3’24) 1 extraordinary sale of assets RGU 16.9% YoY increase up to 30.7 m (+ 4.4 m RGUs Q3’25/Q3’24) EBITDA 3.2% up to € 527 million Adjusted Romania RGU +7.1% Spain RGU +29.2% Mobile: 7.2 m RG
Slide 4: Continued strategy execution in 2025
Continued strategy execution in 2025 Sustained RGU growth Continued network New markets launched across core markets expansion in Portugal and Belgium • We continued the outstanding • Romania: expanding the mobile • Solid RGU results reported in growth in Spain. network; rolling out equipment the ne
Slide 5: Key developments in Q3 2025 and after
Key developments in Q3 2025 and after Corporate restructuring to streamline Belgian operations On 16 July 2025, Digi Romania and its partner Citymesh implemented a corporate restructuring of Digi Group’s affiliated entities in Belgium, aimed at simplifying the shareholding structure and consolidatin
Slide 6: Key developments in Q3 2025 and after
Key developments in Q3 2025 and after Successful completion of the FTTH network investment in Andalusia, Spain On 1 October 2025, Digi Spain Telecom S.L.U., the Company’s subsidiary in Spain and the investment vehicle part of the Aberdeen Group plc have completed the fourth investment round for the
Slide 7: Q3 2025 Market highlights
Q3 2025 Market highlights ‘m€ 3 months ending Italy and Group September 30, Romania Spain Portugal Total3 operations1 2025 Revenues and € 300 € 247 € 17.6 € 8.6 € 573 other income2 Adjusted € 139.4 € 61.2 € (11.8) € (0.6) € 188.2 EBITDA RGUs (‘000) # 19,148 # 10,263 # 813 # 521 # 30,745 Source: Comp
Slide 8: Q3 2025 Financial highlights
Q3 2025 Financial highlights Group revenues and other income2 • Q3 Revenues and other % CAPEX/revenues (€m) 14% 562.0 income up 14% YoY based 493.9 43% 46% 32% 29% on strong customer growth 8 9 Italy +10% 18 in Spain and Romania. Revenues & other income Adj. EBITDA CAPEX While the revenues in Spain
Slide 9: Q3 2025 RGU growth
Q3 2025 RGU growth RGUs (‘000) per business line RGUs (‘000) per market 30,745 1,675 +17% 26,302 Fixed-line telephony 30,745 Italy 1,441 +17% 521 +16% 26,302 Portugal 15,140 813 Mobile services 475 - +10% 12,423 10,263 Spain +22% 7,941 Broadband +29% Romania +16% 7,677 6,613 Pay TV 17,886 19,148 +7%
Slide 10: Portability 9M 2025
Portability 9M 2025 Romania Spain +1.007.066 mobile portability Jan-Sept 2025; Net portability gain 604.731 + 578.518 mobile portability Jan–Sept 2025 +177.416 fixed portability Jan-Sept 2025; Net portability gain 152.611
Slide 11: DIGI Spain commercial offer reflecting transition from MNVO to MNO
DIGI Spain commercial offer reflecting transition from MNVO to MNO Accomplished transition from MVNO to MNO commercial offer Value attributes of the commercial offer Improvement of fixed broadband and mobile prices Customer oriented proposal Oct 2024 Loyal Flexible proposal All customers benefit fro
Slide 12: DIGI Spain SMART footprint continues to grow across all cohorts
DIGI Spain SMART footprint continues to grow across all cohorts Take-up of SMART footprint FTTH network by cohort Key considerations FBB SMART customers / SMART HPs1 FTTH Footprint roll-out: ⚫ 13.0m HPs (Sep 25), out of which 2.0m HPs deployed Sep 25 YTD and 3.0m HPs in 2024 30.0% ⚫ Target of 20m HP
Slide 13: DIGI Spain customer base growing at our fastest pace ever
DIGI Spain customer base growing at our fastest pace ever Customer growth QoQ Key considerations Increased commercial traction - 2025YTD2 is the fastest Fixed broadband growth year ever both for fixed broadband (Q3 2025 Market share best quarter of net adds) and for mobile (Q1 2025 best 9.9% 10.5% 1
Slide 14: DIGI Spain – Revenue and gross margin expansion driven by owner-economics
DIGI Spain – Revenue and gross margin expansion driven by attractive owner-economics of infrastructure strategy Quarterly revenue evolution per product (€m) MNO economics ◼ Transition from MVNO to MNO accomplished in July 2025 228 228 236 236 210 210 216 216 ◼ New MNO economics model allows DIGI bot
Slide 15: DIGI Spain quarterly adjusted EBITDA evolution reflects impact of MNO transition
DIGI Spain quarterly adjusted EBITDA evolution reflects impact of commercial offer transition to MNO model and structural direct cost changes (SOTA, MNO economics) Adjusted EBITDA exoperating leases (€m) and margin (%) 228 236 210 216 7 203 6 4 4 3 89 94 74 79 84 125 127 128 134 134 3Q24 4Q24 1Q25 2
Slide 16: Q3 2025 Financial profile
Q3 2025 Financial profile Financial liabilities as of September 30, 20251 Maturity profile long-term loans Amount & notes (mil €) Facility (Mil €) 734 Senior Secured Notes 400.00 Senior Facility 902.25 Export Credit Arrangements (ECA) 177.74 291 Financial leases 67.06 206 150 Other long-term debt 10
Slide 17: 2025 Prospects
2025 Prospects Continuous growth in core markets New markets launched In Romania, we continue to improve Spain remains DIGI’s primary • Priority for Portugal continue to mobile network performance and growth engine, driven by the three- be to further expand network enhance the overall customer pilla
Slide 18: Q&A
Q&A DIGI
Slide 19: Contact
Contact Investor Relations Department investor.relations@digi-communications.ro www.digi-communications.ro