Cable One, Inc. · NYSE:CABO

Cable One — Raymond James 39th Annual Institutional Investors Conference (March 2018)

10 slides from Cable One's conference presentation, Mar 6, 2018

  1. Slide 1: Raymond James 39th Annual Institutional Investors Conference

    Raymond James 39" Annual Institutional Investors Conference CABLE Qa Ee’ Investor Presentation March 6, 2018

  2. Slide 2: Disclaimer

    Disclaimer ‘This presentation has been prepared by Cable One, ne. (Cable ONE, vs, our, we othe Company). The formation contained in ths resentaton& for neal purposes only. The nfornaton corained n is presentation isnot nvestnent or fearcal product adce andi not hlended to be used asthe basis fr mang

  3. Slide 3: Use of Non-GAAP Financial Metrics

    Use of Non-GAAP Financial Metrics The Company uses certain measures that are not defined by GAAP to evaluate various aspects of its business. Adjusted EBITDA (labeled “Adj EBITDA’ in this presentation) and Adjusted EBITDA Margin (labeled “Adj EBITDA Margin’ in this presentation) are non- GAAP financ

  4. Slide 4: Presenters

    Presenters dalle Lauits Kevin Coyle air of the Boare SVP & CFO President& CEO Cable ONE Cable ONE LRSONE'| 4

  5. Slide 5: Cable ONE at a glance

    Cable ONE at a glance > Among the 10 largest cable system operators in the United States with ~800,000 customers > Integrated provider of data, video & voice services in 21 Midwestem, Southem and Westem states > 77% of customers located in 7 states —AZ, ID, IL, MS, MO, OK, and TX > Significant, mutt

  6. Slide 6: Located in non-urban markets with favorable competition

    Located in non-urban markets with favorable competition Etec ttre — Eroeinicrprte Meader)

  7. Slide 7: Residential HSD and Business Services are our focus areas

    Residential HSD and Business Services are our focus areas and dominate Cable ONE’s Revenues and Adj EBITDA Revenues by Product ($M) ‘Adj EBITDA’ by Product ($M) Adj (31%) (36%) (37%) (38%) (40%) 4A) (46%! seco | EBITDA Margin’ suas $367 sot 933 s2e5 $291 Revenue Share Residential HSD Business Servic

  8. Slide 8: Appendix

    Appendix > Reconciliations of Net Income to Adjusted EBITDA and Net Profit Margin to Adjusted EBITDA Margin by Year for 2011 — 2017 CARSONE'| 9

  9. Slide 9: Reconciliations of Net Income to Adjusted EBITDA and Net Profit Margin to Adjusted EBITDA Margin

    Reconciliations of Net Income to Adjusted EBITDA and Net Profit Margin to Adjusted EBITDA Margin BY YEAR’ ($M) Income tax provision (eet) Depreciation and amortization Equity-andpre-spin cash-basedincentve compensation expense ‘Severance expense (Gala) toss on deferedcompensation ‘other (income) exp

  10. Slide 10: CABLE Qa Ee’

    CABLE Qa Ee’

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