America Movil Sab De Cv Class B · BMV:AMX/B
America Movil Sab De Cv Class B — Q3 2020 Earnings Presentation
17 slides from America Movil Sab De Cv Class B's earnings presentation, Oct 20, 2020
Slide 1: Third Quarter Results
Third Quarter Results October 21st, 2020
Slide 2: Postpaid net additions totaled 1.8 million wireless subscribers
AMERICA MOVILNTE Postpaid net additions totaled 1.8 million wireless subscribers, | the mayority coming from Brazil, Austria and Colombia. Postpaid Net Adds - 3Q20 Thousand 33 241 142 35 Brazil Austria Colombia Argentina Mexico Others Total Net Adds Others: includes the rest of the Americas operatio
Slide 3: Prepaid segment gained 1.4 million clients
AMERICA MOVILNTHIRD QUARTER RESULT In the prepaid segment, we gained 1.4 millions clients including 1.2 million in Mexico. | 129 | | 237 | bx fe) Prepaid Net Adds - 3Q20 Thousand Mexico Colombia Ecuador Peru Dominicana Others Total Net Adds Others: includes the rest of the Americas operations as wel
Slide 4: Fixed broadband net adds of 446 thousand
AMERICA MOVILNTE IRD QUARTER RESULTS 2020 Fixed broadband remains the main driver on the fixed platform; we connected 446 thousand new broadband accesses. Broadband Net Adds - 3Q20 Thousand ie 117 122 122 Colombia Mexico Peru Brasil Argentina Others* Total Net Adds Others: includes the rest of the A
Slide 5: Mobile postpaid and fixed-broadband accesses increased
AMERICA M6VILDHIRD QUARTER RESUL Mobile postpaid and fixed-broadband accesses increased 5.7% and 5.2%, respectively. Access Growth* % September 20 vs. September 19 Mobile Prepaid Mobile Postpaid Fixed-Broadband Fixed-Voice Pay TV *Does not include Nextel subscribers. 5
Slide 6: Service revenues up 1.5%
AMERICA Movil IRD QUARTER RESULT Service revenues were up 1.5% on the back of fixed-broadband revenues and the recovery of mobile prepaid revenues. Service Revenues* % Annual Change at Constant Exchange Rates 6% 4% 2% 1.5% 0% + T T T T 1 3Q19 4Q19 1Q20 2Q20 3Q20 = Service Revenues *Revenue growth ex
Slide 7: Prepaid revenues expanded 2.5%
AMERICA Movil Prepaid revenues expanded 2.5% from -2.0% in the second quarter. Mobile Service Revenues* % Annual Change at Constant Exchange Rates 15% 10% 5% 0% + -5% =—<—Prepaid Postpaid *Revenue growth excludes Argentina. 3Q19 4Q19 1Q20 2Q20 3Q20 Mobile Equipment Revenues* % Annual Change at Const
Slide 8: Fixed broadband revenues increased 9.1%
AMERICA Movil D QUARTER RESL | Fixed broadband-revenues increased 9.1% and were equaled by new revenue losses in fixed-line voice and PayTV revenues. Fixed-Line Service Revenues* % Annual Change at Constant Exchange Rates 10% —— 9.1% 6% 2% ee “1.1% | -6% = “10% a SO — ett ED, 3Q19 4Q19 1Q20 2Q20 3Q2
Slide 9: EBITDA was up 7.2%
AMERICA MOVIL IRD QUARTER RESULT: EBITDA was up 7.2%, more than twice as fast it had in the second quarter, with Puerto Rico & Mexico posting important advances. EBITDA* EBITDA Margin % Annual Change at Constant Exchange Rates % of Total Revenues LOY 36% 8% a 33.2% 7.2% 33% an +1.6p.p. 6% —__ : 30%
Slide 10: Operating profit up 18%, net income up 45%
: . AMERICA MOVIL\DHIRD QUARTER RES Our operating profit increased 18% to 45Bn pesos and was the driver of a 45% increase in net income, which totaled 19Bn pesos. Net Income (IFRS 16) - 3Q20 Billions of MxP EBITDA Depreciation and EBIT Comprehensive Taxes and Others Net Income Amortization Financing
Slide 11: Capital outlays as of September 2020
AMERICA MOVIL\IHIR Capital outlays covered CapEx of 91Bn pesos, a reduction of 47Bn pesos in our net debt & contributions to our pension obligations. Capital Outlays - as of September 2020 Billions of MxP 7 =— a CapEx Net Debt Pension Shareholder Acquisitionsand _ Total Outlays Amortizations Obligat
Slide 12: Net debt to EBITDA ratio at 1.88x
AMERICA MOVILNTE IRD QUARTER RESULTS 2020 Our net debt to EBITDA ratio (LTM) stood at 1.88x under IAS 17. Net debt/EBITDA Times 2.00 1.96 1.92 1.88 —-1.88 1.84 + 3Q19 4Q19 1Q20 2Q20 3Q20 “Figures in USD. 12
Slide 13: Mexico: recovery of mobile revenues
AMERICA Movil In Mexico, the recovery of mobile revenues was driven by the bounce in prepaid revenues. EBITDA expanded 1.3%. Mobile Service Revenues Fixed-Line Service Revenues EBITDA % Annual Change in Local Currency % Annual Change in Local Currency % Annual Change in Local Currency 16% 16% 12% 7
Slide 14: Brazil: service revenue growth
AMERICA Movil Mobile service revenues were buoyed by the strong recovery in prepaid and the continued strong performance in postpaid. Brazil: Service Revenue Growth % Annual Change in Local Currency 25% sass a ae a 10% 20% “em 5% —_—_ aan ba 15% a 0% ; r r r r 1 10% — —~- 9.0% -5% 5% 5.1% -10% -12.7
Slide 15: Colombia: revenue growth in mobile and fixed-line
AMERICA Movil ae \\ Colombia was the only operation that presented revenue growth in both the mobile and the fixed-line platforms. Mobile Service Revenues % Annual Change in Local Currency 16% 12% 8% 4% 0% 12.1% 6.3% 3Q19 =4Q19 —=Prepaid 1Q20 = 2Q20 = 3Q20 —=—Postpaid Fixed-Line Service Revenues EBI
Slide 16: Austria: service revenue and EBITDA
AMERICA Movil EBITDA up 4.7% on better equipment margins and less IT spending. Austria: Service Revenue & EBITDA % Annual Change in Local Currency 4% 2% 0% + -2% 3Q19 4Q19 1Q20 2Q20 3Q20 —— Mobile Service Revenues ==<=Fixed Service Revenues 6% 4.7% 3% 0% - -3% 3Q19 4Q19 1Q20 2Q20 3Q20 =——=Adjusted E
Slide 17: Third Quarter Results
Third Quarter Results October 21st, 2020
America Movil, S.A.B. de C.V. — Q3 2020 Earnings Presentation on 6ix