Vantage Towers Ag · HAM:VTWR
Vantage Towers — Investor Presentation (July 2020)
11 slides from Vantage Towers's investor presentation, July 2020
Slide 1: Europe's leading tower company
VANTAGE TOWERS V Europe's leading tower com
Slide 2: Introducing Vantage Towers - the European tower infrastructure leader
Introducing Vantage Towers - the European tower infrastructure leader ion | Vivek Thomas Sonia Badrinath Reisten Hernandez CEO q CFO cco Christian Jose Nikolaus Sommer Rivera Rama General cTo HR Director Counsel ‘ T rmation a3 1. _ Reflects portfolio in Germany, Spain, Ireland, Portugal, Greece, Hun
Slide 3: Europe's leading tower company with over 68k towers across 9 markets
ria Europe's leading tower company with over 68k towers across 9 markets er 19.4k (1.2x) ’ 3.4k (1.2x) & 5.2k (1.6x) Number of macro sites (tenancy ratio)” #1 or #2 tower market share in almost all markets — Full ownership in 7 markets, including Germany & Spain — Controlling 62% shareholding in the
Slide 4: Strengths: Vantage Towers - the European tower infrastructure leader
cio) Strengths: Vantage Towers - the European tower infrastructure leader @ The leading European tower infrastructure company in large and growing markets Underpinned by long-term contractual arrangements with highly rated tenants which provide committed, inflation-linked revenues A next generation
Slide 5: Vantage Towers Greece: Creating the Greek tower infrastructure leader
cic) Vantage Towers Greece: Greating the Greek tower infrastructure leader * Combination of Vodafone Greece and Wind Hellas tower assets creating the leading Greek tower infrastructure company — 5,200 macro sites with 1.6x tenancy ratio — 500 site BTS commitment over a five-year period (250 from O=
Slide 6: Vantage Towers' selected FY20 pro forma financial information
ris Vantage Towers’ selected FY20 pro forma financial information Consolidated Vantage Towers Revenue €950m Adjusted EBITDAL” €810m Margin 85% Lease adjustments?) (€287m) Adjusted EBITDA®) €523m Margin 55% Maintenance capital expenditure €29m Adj. OpFCF (adj. EBITDA - maint. capex) €494m aay Equity
Slide 7: Timetable: On-track for an IPO in early 2021
eo s “Timetable: On-track for an 1P0 in early 2021 Vantage Towers operationally separate AG registered in Diisseldorf, Germany Expected Prime Standard Listing in Frankfurt FY20 PF financial information Vodafone to retain majority ownership Governance H1 FY21 PF financial information Conventional Ger
Slide 8: Important notice
VANTAGE TOWERS Important notice By accessing these slides, you agree to be bound by the following conditions. You may not disseminate these slides or any related recording, in whole or in part, without the prior consent of Vodafone. Information in this presentationrelatingto the price at which relev
Slide 9: Appendix I: Vantage Towers portfolio information
iz Appendix |: Vantage Towers portfolio information an Vantage J ia, Vantage Greece een | Portugal | Romania | Hungary | Ireland [| Towers 4 fi Towers ff UK (CTIL) Rep. (INwiT) exe. Italy inc. Italy FY20PF Germany Ownership 100% 100% 100%" 100% 100% 100% 100% 100% 100% 33.2% 2 50% Total macro towers
Slide 10: Appendix II: Vantage Towers basis of pro forma financial information (1/2)
VANTAGE TOWERS Appendix Il; Vantage Towers basis of pro forma financial information (1/2) Introduction The financial information presented above sets out certain summary pro forma consolidated financial results for Vantage Towers for the 12 months ended 31 March 2020. The basis of the pro forma info
Slide 11: Appendix II: Vantage Towers basis of pro forma financial information (2/2)
VANTAGE TOWERS Appendix Il: Vantage Towers basis of pro forma financial information (2/1) Summary historical financial information for Vantage Towers Greece The pro forma results set out above are for the year ended 31 March 2020 based on the commercial arrangements (including the Master Services Ag