Slide 1: Institutional Presentation (updated March 2025)
*Updated in March/2025
Slide 2: Padtec goes where no one else goes
padtec.com Padtec goes where no one else goes by bringing high-capacity connections to life. From Brazil to the Americas, from the smallest to the largest business, we are where you are.
Slide 3: With a history that spans more than 20 years
Je Ae With a history that spans more than 20 years, _ we are honored to be a Brazilian multinational company that works alongside our customers to offer services that bring people together. We live and breathe technology _ using our expertise to design new futures. We leverage connections and create
Slide 4: Padtec by the numbers
EUA Jy Padtec by 2 the numbers R$ 298.8 ©) Net revenue t?] . =s @) Headquarters aa RS | 7.5 mM | =| Campinas, Sao Paulo (Brazil) EBITDA Rua Doutor Ricardo Benetton Martins, 1000 9 Polo Il de Alta Tecnologia ~- Tel: +85 19 2104-9600 0) ; PDTC3 @) cE Carlos Raimar Schoeninger go B3 () National offices
Slide 5: We transform technology so that technology can transform the world
We transform technology so that technology can transform the world_ Brazilian multinational with more than two decades of experi- ence in the Telecom market; Global supplier with a strong presence in Latin America; It operates in a global market worth US$14 billion per year. rt mt it Develops, manuf
Slide 6: Leaders: The people that drive our connections
“tr Leaders The people that drive our connections VP OF EQUIPMENT OPERATIONS Argemiro Sousa_ CHIEF LEGAL COUNSEL AND COMPLIANCE OFFICER Patricia Iqueda_ CEO OF PADTEC AMERICA AND SVP OF INTERNATIONAL VP OF PLATFORMS AND SOLUTIONS OPERATIONS DIRECTOR. INTERIM CFO Manuel ee ndre Carlos Raimar Andrade_
Slide 7: Company values
padtec.com Exceed expectations Our bar is set high. We always look ahead, investing in excellent, long lasting and exceptional solutions. Working together to increase knowledge In our universe, everything depends on teamwork. We value our collective intelligence, as diverse as the challenges we solv
Slide 8: History
+: History “S) Padtec acquires important clients and begins its expansion Padtec connects Brazil and the world _ in the greatest World Cup of all times, performs the Sea Tal of its submarine repeater in the Caribbean Sea and implements a system with sub-fluvial cable in the Rio Negro, in Manaus. Neg
Slide 9: Geopolitics of the DWDM market
Geopolitics of the DWDM market_ ond © 9e o- © eo ¢ Equator Line padtec.com Map prepared by Padtec.
Slide 10: Customer portfolio
Customer portfolio We've said it before and we'll say it again: from Brazil to the Americas, from the smallest to the biggest business, we're where you are. padtec.com G Telecom operators ——— Regional Providers 4 C— G Carriers of carriers G Subsea systems Utilities and Integrators C- Data center and
Slide 11: Made by people, for people
Made by people, for people 570* A 4OO* 160* © employees and employees at Employees spread throughout Brazil, interns working in the company’s Argentina, Colombia, Chile and the USA person, hybrid or headquarters in fully remote Campinas 9 9 9 9 8 6 ee 6 6 2 t * 2 3 a is the engagement of employees w
Slide 12: Slide 12
Slide 13: Business units
~ Business units @ O padtec.com Products + LightPad Platform i6400G + LightPad Max Platform (2.4T) + DCI Generation Platform (1.2T) + 400G Standalone + Switches and Routers + QSFP-DD Transceivers + LightPad OTDR Platform Services + Network Maintenance + Network Management + Characterization + SPaaS
Slide 14: LightPad i6400G Platform
Products LightPad i6400G Platform LightPad i6400G: a platform for the most diverse solutions Our platform delivers a carrier-class solution for high-capacity multi-service transport across diverse network architectures. G) Applications + Terrestrial and submarine backbones + Metro and aggregation ne
Slide 15: LightPad i6400G Platform: Product family
Products LightPad i6400G Platform Product family oe ls} Hl Muxponder Dual 400G TMD400G Network Interfaces * Client Interfaces * QSFP28 SR or LR « Up to 8x 100G * Port activation by license q a { + 2x CFP2-DCO 4006 H « Rate configurable from 100 Gb/s to 400 Gb/s ! a + 4x100G dual muxponder applicatio
Slide 16: Passive Solutions
As Prod ucts Business units LightPad i6400G Platform Passive Solutions Bb Mux/Demux 48 channels with and without VOA Mux/Demux Low Loss + Low loss Mux/Demux developed specifically for this application = Network design and performance guaranteed by Padtec + Possibility of using amplifiers for link ex
Slide 17: Amplifiers
4s Products LightPad i6400G Platform Amplifiers High performance, low noise figure C Band EDFA +18 dBm family C+ Band + EDFA 21 dBm + Raman 29 dBm + Hybrid EDFA +Raman Hybrid Re Special solutions + Super compact Hybrid Amplifier + Raman 33 dBm with integrated Transmit EDFA, * ROPA C+ Receive EDFA an
Slide 18: ROADM
Products LightPad i6400G Platform ROADM padtec.com Wavelength Selective Switch WSS9-9A and WSS4+-9A Functionalities ¥ OADM + End-to-end provisioning wss * Automatic EQ ZL + Protection 1+1, +R and I++ OADM | Architecture: xy + Directed Mz ROADM <= * Directionless “ss + Colorless aye + FlexGrid Wavele
Slide 19: LightPad Max
Products Business units LightPad Max Double Muxponder 2.4 Tb/s:: + Up to 2x 1.2 Tb/s channels + Programmable (68 to 138 GBd) Energy: Lines 2x CIM8: Supervision: ae Customers * 2x redundant DC O/-48V lanes. + Ports for DCN, GL and 6x (per Line): cascading ‘ “a + up to 6x QSFP28 * up to 2x QSFP-DD * 1
Slide 20: DCI Generation Platform
4s Products Business units Gy ie P ecto? fe: ames @ TM1200G DCI Generation Platform Transmission rates from 100 Gb/s to 600 Gb/s » Configurable modulations: DP-QPSK to DP-64QAM + Transmission capacity of 38.4Tbps in the C+ Band Padtec Muxponders Be Por fer Fine Turing + Compatible with MicroMux modu
Slide 21: Dual 400G Transponder
Products Business units Dual 400G Transponder Standalone transponder with up to 400 Gb/s (per optical channel) ideal for point-to-point applications or traditional DWDM solutions TMD400G-SD + Standalone mechanics with low rack space requirements (IRU height) + Low cost coherent solution from 100G to
Slide 22: Switch and router platform
+s Products Business units Switch and router platform Aggregation networks $9600-56DX Access networks The aggregation systems delivered by the partnership S9510-28DC between Padtec and UfiSpace use switching techniques and advanced routing, to aggregate traffic from multiple access points, effective
Slide 23: QSFP-DD Transceivers
Products Business units OSFP-DD Transceivers Now, DWDM extends to routers and switches. Padtec launches the 400G QSFP-DD module, a high-density pluggable solution compatible with switchesandroutersfromvariousmanufacturers. Ideal for 100G to 400G transmissions, this moduleisperfectforROADMsystems, si
Slide 24: LightPad OTDR Platform
Products LightPad OTDR Platform Optical Time-Domain Reflectometer Monitoring, in real time, the status of your network. The latest generation product, which is part of VIAVI's OTDR OTU-5000 series, remotely and automatically monitors the integrity of optical fibers. + Unit with 3 slots for OTDR or W
Slide 25: Padtec NMS+
4s Products Business units Padtec NMS+ It's never been easier to manage your network Comprehensive web management platform for DWDM networks. D » Web interface for board management — . » New platform administration tools — = + Supports high availability platforms * Graphical interface for managing g
Slide 26: Services
padtec.com : Services Network Operation and Maintenance * More than 40 MCs (Maintenance Centers) throughout Brazil, Argentina and Colombia; + Four-hour service agreements (SLA) for the start of service in any section of a monitored network. Network Management Padtec is always with you. To fully moni
Slide 27: Digital Solutions
padtec.com Digital Solutions Smart Site Monitor your site from anywhere: with the service, operators and ISPs can remotely monitor and control the elements that make up the infrastructure of their network environments in real-time. Smart Edge Smart Edge is a rack-mount data center solution that incl
Slide 28: Results 2024
4 Results 2024 N ffl ——— RED "5298.8 mi PSU3.1 mi ® Revenues from the = EBITDA international market RS ° "73.3 mi IMG2) Tih C Gross Margin 31.8%
Slide 29: Results: Net Revenues
Results Net Revenues (R$MM) +26.4% 96.0 100 400 368.7 +10.8% 298.8 +17.3% 75.9 68.5 300 58.4 55.9 228.4 35.6 43.7 200 170.7 35.5 24.6 100 79.2 18.6 18.3 73.3 11.7 11.2 14.2 13.8 15.5 61.1 54.8 0 0 1Q24 2Q24 3Q24 4Q24 2023 2024 Equipment Brazil Equipment Foreign Market Services, Software & Platforms
Slide 30: Results: Gross Margin
Results Gross Margin (%) 50% 50% 40% 35.7% 31.5% 32.1% 40% 35.6% 31.8% 30% 25.5% 30% 20% 20% 10% 10% 0% 0% 1Q24 2Q24 3Q24 4Q24 2023 2024
Slide 31: Results: EBITDA
Results EBITDA (R$MM); EBITDA margin (%) 20 60 56.0 50 10.7 10 40 6.3 6.8 11.1% 30 (6.2) 9.2% 9.0% 0 20 17.5 (10.7%) 10 15.2% 5.9% -10 0 1Q24 2Q24 3Q24 4Q24 2023 2024
Slide 32: Results: Operating expenses
Administrative Expenses x Results R&D x Net Revenues (R$MM) Net Revenues (R$MM) 50 12% 43.6 41.7 43.1 41.5 10% 9% 40 8% 8% 8% 8% 30 6% 20 4% 10 2% 13% 11% 11% 14% 0 0% 2021 2022 2023 2024 2021 2022 2023 2024 Sales Expenses x Financial Expenses x Net Revenues (R$MM) Net Revenues* (R$MM) 12% 12% 12% 1
Slide 33: Results: Debt and leverage
Results Net Debt / EBITDA (X) Debt: long X short term (R$MM) Net Debt (R$MM) Leverage 339.9 149.2 350 9 140 300 8.51 8 120 250 7 100 6 200 77.5% 80 5 150 112.5 60.2 60 4 100 3 88.1% 40 50 2 22.5% 20 11.9% 1.08 1 0 0 0 2023 2024 2023 2024 Short term Long term • The effects of the Covid-19 pandemic, c
Slide 34: Results: Debt Evolution
Results 400 Debt Evolution (R$MM) 350 300 250 200 339.9 150 245.9 100 149.2 50 112.5 19.2 0 -50 (37.7) (158.1) (32.6) -100 -150 -200 Gross Debt Interest Amortization New Gross Debt Cash and Financial Net Debt 2023 and Principal Loans 2024 cash Investments 2024 Payment equivalents in Guarantee
Slide 35: Growth opportunities
Increase the range International expansion of products and services offered Growth opportunities • Increase market share in the countries where we already operate • Make a strong debut in the switches and routers market • Increase sales in the North American market and in new markets using • Continu
Slide 36: padtec.com
padtec.com create transform revolutionize