Grameenphone Ltd. · DSEBD:GP
Grameenphone — Q1 2022 Earnings Presentation
19 slides from Grameenphone's earnings presentation, Apr 27, 2022
Slide 1: Q1 2022 Grameenphone Ltd.
Q1 2022 27 April 2022 Grameenphone Ltd. Yasir Azman, CEO
Slide 2: Disclaimer
Disclaimer The following presentation is being made only to, and is only directed at, persons to whom such presentation may lawfully be communicated (‘relevant persons’). Any person who is not a relevant person should not act or rely on this presentation or any of its contents. Information in the fo
Slide 3: Highlights
Highlights 60 MHz 2.6 GHz Spectrum Acquisition Improved topline growth momentum Data segment growth from improved customer experience Revamped simplified product portfolio ay Q12022
Slide 4: First quarter of 2022 ending with positive momentum
First quarter of 2022 ending with ar _. _ Fite positive momentum as pandemic situation eases; new uncertainties Planned deployment of spectrum acquired in 2021 ' leading to rolled out contributing to improved capacity; data usage growth QoQ Reduction of international call termination rate by 33% 4G
Slide 5: Acceleration of modernization initiatives
Acceleration of modernization initiatives leading to efficiency of administrative and technology functional areas in 2021 modernization of Sales & Distribution function in 2022; focusing on Modernization initiatives to remain as for future growth Q12022
Slide 6: Digital Inclusion & Social Impact
Digital Inclusion & Health, Safety & Social Impact Enablement Security Sensitivity: Internal
Slide 7: Q1 2022 Grameenphone Ltd. CFO
Q1 2022 27 April 2022 Grameenphone Ltd. Jens Becker, CFO
Slide 8: Improved topline growth along with continued growth in EBITDA
Improved topline growth along with continued growth in EBITDA +4.6% YoY Growth 61.1% Subscription & Traffic Revenue* EBITDA Margin ** 12.1% 6.00 CAPEX/Sales*** Earnings Per Share ** EBITDA before other items, as per IFRS 16 ***Capex excluding license, lease & ARO; Capex/sales = moving average last 4
Slide 9: Sensitivity: Internal
46.1 44.6 44.6 43.7 41.7 • Sensitivity: Internal
Slide 10: Daily revenues generated by own subscription
Q3 2021 * *Daily revenues generated by own subscription (excludes interconnection) Sensitivity: Internal
Slide 11: YoY revenue growth driven by growth in bundle & data
YoY revenue growth driven by growth in bundle & data Data Revenue* (BDT Bn) Bundle Revenue** (BDT Bn) +7.5% | ot +346.9% 8.2 87 : Ss 88 5.1 46 41 26 — Q1'21 Q2'21 Q3'21 Q4'21 Q1'22 Q1'21 Q2'21 Q3'21 Q4'21 Q1'22 * Data revenue includes paygo, subscription & outbound roaming Q12022 ** Bundle revenue i
Slide 12: Spectrum & sites rollout supported 76.8% data usage growth
Spectrum & sites rollout supported 76.8% data usage growth Service ARPU and AMPU Data Usage (AMBPU) +0.5% 5,208 207 205 202 199 197 4,312 3,935 143 144 144 142 143 3,609 L ori 2'21 a3'21 o4'21 122 ori 2'21 a3'21 o4'21 122 Ml arPu(eDT) Ml AMPU “A Q12022 Sensitivity: Internal
Slide 13: 1.7% EBITDA increase mainly driven by topline growth
1.7% EBITDA increase mainly driven by topline growth Opex (BDT Bn) and Margin EBITDA* (BDT Bn) and Margin +7.7Y% +1.7% | 107 11.2 11.0 11 218 22.2 22.9 22.6 22.2 a - 7 7 i i ao ara Q2'21 Q3'21 Qa'21 ar22 ara Q2'21 Q3'21 Qa'21 Q1'22 MM Opex (BDT Bn) Margin % MS EBITDA (BDT Bn) Margin % ay Q12022 *EBI
Slide 14: New coverage sites along with new 4G sites
YoY 1.9K+ new coverage sites along with 2K+ new 4G sites *Capex (BDT Bn) and Capex/Sales% ° 17.7K 4G sites at the end of Q1’22 99.6% 96.9% 96.9% Population Geographic 4G Population 3.6 Coverage Coverage Coverage 11.3% Go _ Q121 Q2'21 Q3'21 Q4'21 Q1'22 *Capex excluding license, lease & ARO Q12022 Cap
Slide 15: Net profit negatively impacted by one-off modernization cost and currency devaluation
Net profit negatively impacted by one-off modernization cost and currency devaluation NPAT (BDT Bn) and Margin Earnings Per Share (BDT) f -9.1% | a 10, 9% 6.60 630 6.34 89 6.04 6.00 85 8.6 92 |. ar21 Q2'21 Q3'21 04'21 Qr22 ari Q2'21 Q3'21 04'21 ar'22 Ml NPAT (BDT Bn) Margin % ay Q12022 Sensitivity:
Slide 16: Sensitivity: Internal
0.11 0.03 52.3% 58.0% 50.3% 47.5% 44.3% (0.07) Sensitivity: Internal
Slide 17: Contribution to National Exchequer
Contribution to National Exchequer 102.8 H * BDT 23.0Bn (equaling 63.3% of total revenues) seo 98.2 contributed to national exchequer in Q1’22 on? : H * Contribution in the form of taxes, VAT, duties, H license/spectrum fees & revenue share 23.0 | 2018 2019 2020 2021 2022 Figures in 8DT Bn. ay Q1202
Slide 18: Positive growth momentum and key factors
building future-fit i Q12022 and partnering for advance , spectrum deployment network capabilities a modernization by integrating automation and modernization remain key factors in operating models, Positive growth momentum in the first quarter of 2022 supported by growth in behind growth momentum t
Slide 19: Contact
012022 In consideration of local regulations, Grameenphone Ltd. does not provide any forward-looking statements. Contact: