America Movil Sab De Cv Class B · BMV:AMX/B

America Movil Sab De Cv Class B — Q3 2021 Earnings Presentation

17 slides from America Movil Sab De Cv Class B's earnings presentation, Oct 19, 2021

  1. Slide 1: Third Quarter 2021 Results

    Third Quarter 2021 américe $ Results ae October 20" 2021

  2. Slide 2: We added 4.2M wireless subscribers in the third quarter

    AMERICA MOVIL - Third Quarter Results 2021 We added 4.2M wireless subscribers in the third quarter, more than half of them coming from postpaid Total Mobile Net Adds - 3921 Thousand 3020 4020

  3. Slide 3: Roughly half of the postpaid additions came from Brazil

    Roughly half of the postpaid additions came from Bra Colombia contributing 313 thousand & Peru 262 thc Postpaid Net Adds - 3921 Thousand Brazil Colombia Peru Austria Chile Others: includes the rest of the Americas operations as well as the TKA Group.

  4. Slide 4: Mexico led the way in prepaid additions

    AMERICA MOVIL: Third Quarter Resu Mexico led the way in prepaid adding $77 thousand s followed by Brazil with 307 thousand Prepaid Net Adds - 3921 Thousand Mexico Brazil Argentina CENAM Ecuador Eastern Europe Others: includes the rest of the Americas operations and Austria.

  5. Slide 5: Pay TV Accesses Evolution

    Pay TV Accesses Evolution 3020 =100 108 106 106 104 103 102 100 98 98 96 94 5 g2 1 : 1 1 1 3020 4020 1021 2Q21 3021 =—Brazil <=Colombia ==Other ==_=AMX Broadband Acce 3Q20 = 100 150 140 130 120 110 100 go 3020 4020 ==Colombia Argent!

  6. Slide 6: EBITDA increased 7.5% at constant exchange rates

    EBITDA increased 7.5% at constant exchange r revenues expanded twice as rapidly as costs a Consolidated Service Revenue Consolidated EBIT MxP Billion at constant exchange rates MxP Billion at constant 205 202 go +4.5% 200 85 80 195 5) 190 70 185 65 180 60 > ® P oP oP oP GP of oh OLS Ss ss wo HS Note

  7. Slide 7: Service revenue growth by country

    AMERICA MOVIL - Third Quarter Results 2021 Peru and Eastern Europe were the main outperformers in service revenue growth; Dominicana and Mexico followed % annual change in local currency Service Revenue Growth by Country- 3921 | Peru Eastern Dominican Mexico CENAM Colombia Puerto Austria U.S. Chile

  8. Slide 8: Mobile service revenue up 5.9% and fixed-line up 1.6%

    AMERICA MOVIL Mobile service revenue was up and fixed-line se 5.9% and 1.6%, respectively Consolidated Mobile Service Revenue Consolidated Fixed: % annual change at constant exchange rates % annual change at constant 8% 2% 7% 1% 6% 5.9% 5% 0% 4% 3020 4Q20 | 3% -1% 2% 1% -2% 0% 3020 4Q20 1021 2021 30

  9. Slide 9: Revenue growth between postpaid and prepaid

    Revenue growth was not too different between postpaic prepaid; the hump in 2Q21 has to do with the b Mobile Service Revenue Growth % annual change at constant exchange rate 10% 8% 6% 4% 2% AMERICA MOVIL - Third Qua 0% + 3020 Note: Revenue exclude Argentina 4Q20 1021 Prepaid «==Postpaid 2021

  10. Slide 10: Mobile Service Revenue Growth by Country - 3Q21

    Mobile Service Revenue Growth by Country- 3921 % annual change in local currency Peru Puerto Eastern Brazil Mexico Dominican CENAM Rico Europe Republic Austria * Annual change in constant exchange rates, excludes Argentina

  11. Slide 11: Fixed-line service revenue was up 1.6%

    Fixed-line service revenue was up 1.6% as broadband anc corporate network revenue increased 5.6% and 4.6%, respecti Fixed-Line Service Revenue Growth % annual change at constant exchange rate 12% 9% 6% 3% 0% + -3% -6% TT -9% -12% 3020 4Q20 1021 2021 e==Broadband e«==Corporate Networks s==Fixed-Voice

  12. Slide 12: Fixed-line Service Revenue Growth by Country - 3Q21

    Fixed-line Service Revenue Growth by Country- 3921 % annual change in local currency Peru Colombia Eastern Dominican CENAM Austria Mexico Ecuador Europe Republic * Annual change in constant exchange rates, excludes Argentina

  13. Slide 13: EBITDA margin jumped to 34.6%

    AMERICA MOV: EBITDA margin jumped to 34.6%, it was our hig! margin in nine years EBITDA Margin % of total revenues 35% 34% 33.2% 33% 32% + : r + 3020 4Q20 1021 2021 *Annual change.

  14. Slide 14: Operating profit increased 10% at constant exchange rates

    AMERICA MOVIL - Third Quarter Results 2021 Our operating profit increased 10% at constant exchange rates to 47Bn pesos Net Income - 3921 MxP Billion EBITDA Depreciation and EBIT Comprehensive Taxes and Others Net Income Amortization Financing Cost

  15. Slide 15: Uses of Free Cash Flow, Jan-Sep 2021

    AMERICA MOVIL - Third Quarter Results 2021 Our cash flow allowed us to fund CapEx of 57Bn pesos, Shareholder distributions of 37Bn pesos and reduce debt Uses of Free Cash Flow- Jan-Sep 2021 MxP Billion Total Outlays CapEx Shareholder Distributions Net Debt Labor Obligations Others* (Share buybacks)

  16. Slide 16: AMX Leverage Ratio

    times LTM EBITDA aL AMX Leverage Ratio* Times 2.0 19 18 ty/ 1.6 ag 3920 4Q20 1921 2Q21 *Net debt (excluding leases)/EBITDA aL

  17. Slide 17: Third Quarter 2021 Results

    Third Quarter 2021 américe $ Results ae October 20" 2021

America Movil, S.A.B. de C.V. — Q3 2021 Earnings Presentation on 6ix