19 slides from Axtel Sab De Cv Cert.part.ord. Repr.7 Shs B's investor presentation, 2025
Slide 1: Corporate Presentation First Quarter 2025
Technology connecting your life Corporate Presentation FIRST QUARTER 2025
Slide 2: Agenda
I. Axtel at a Glance II. Financial Performance III. Growth Plan IV. Shareholder Structure Axtel – Public Information 2
Slide 3: Information and Communications Technology (ICT)
Information and Communications Technology (ICT) Company that, through its commercial brands Alestra and Axnet, provides advanced and reliable technological solutions in Mexico. 3,841 +1,000 employees Certified engineers Management +26% +21 years Female talent experience Axtel – Public Information 3
Slide 4: ICT Company; Moving Towards Specialization
ICT Company; Moving Towards Specialization Information Technology (IT), cybersecurity High-capacity and connectivity solutions. fiber optic connectivity. ENTERPRISE GOVERNMENT WHOLESALE • Specialization by industry • Federal & local presence; • 53,600 km fiber network (verticals) and business divers
Slide 5: Wholesale, Enterprise & Government Segments
Wholesale, Enterprise & Government Segments Telecom Cybersecurity IT Mobility Last Mile Long Distance Access Transport Connectivity Equipment & Network Systems Multi-operator Infrastructure Integration Mobile Service Fiber to Fiber to the Managed Systems, the Tower Data Center Networks applications
Slide 6: Revenues – LTM1Q25
Revenues – LTM1Q25 SEGMENTS ENTERPRISE – BUSINESS LINES • Ps. $ 11,909 M (US $622M) • Ps. $ 8,586M (US $450M) Mobility Cybersecurity Government 1% 9% 12% IT (Cloud Wholesale & Systems) 17% 48% Telecom 16% Enterprise (Connectivity) 72% Voice 7% 17% Telecom (Networks & Collaboration) Axtel – Public In
Slide 7: Our Network
Our Network ~53,600 km Optical Fiber Network 28,900 km – 77 cities Metropolitan Rings 24,700 km Long Distance Network ~1,000 Network Points of Presence 5 International border crossings Nearshoring: +90% A+/A buildings ~900 Industrial parks Axtel – Public Information 7
Slide 8: Management with 20+ years average experience in ICT Industry
Management with 20+ years average experience in ICT Industry Armando de la Peña Sergio Antonio Bravo García Carlos Buchanan Andrés Cordovez CEO Executive Director Executive Director Executive Director Axtel Government Segment Human Capital Infrastructure and Operations 3 years 29 years 23 years 21 y
Slide 9: Sustainability Model Pillars
Sustainability Model ESG • ~50% of debt ESG related Environmental Commitment awareness ‒ Syndicated Loan and IFC’s term loan S&P Global - CSA Sustainability Model Pillars 61 58 56 Employee Energy & • In 2024, 55% of its energy consumption came from clean 52 well-being Emissions sources. (54% in 2023
Slide 10: II. Financial Performance
I. Axtel at a Glance II. Financial Performance III. Growth Plan IV. Shareholder Structure Axtel – Public Information 10
Slide 11: Financials (2022 - LTM1Q25)
Financials (2022 - LTM1Q25) Revenues (in MPs.$) EBITDA* (in MPs.$) +3% +7% +5% +7% +5% +14% 11,556 11,909 3,669 3,943 10,956 3,430 10,480 3,011 2022 2023 2024 LTM1Q25 2022 2023 2024 LTM1Q25 * Excludes reorganization charge (Ps. $388M in 2023; Ps. $17M in 2024). NET LEVERAGE (times) CAPEX (in MDlls.$
Slide 12: Revenues & Comparable EBITDA (YTD 1Q25)
Revenues & Comparable EBITDA (YTD 1Q25) (in MPs.$) ENTERPRISE: Revenues – total revenues increased 13% • Growth driven by a robust 33% increase in system integration solutions and a 3% rise in 134 3,001 connectivity solutions. 2,649 115 116 Wholesale 560 • Strong 17% growth in cloud and 426 13 Gov’t
Slide 13: Debt Profile & FCF (as of 1Q25)
Debt Profile & FCF (as of 1Q25) Capital Structure Debt Composition (in MDlls.$) • Debt Prepayment (Dec’24 + Mar’25): US $75M 60 18 464 100 ‒ Total Debt reduction: 13% 149 47 ‒ Annual interest savings: ~US $6M 185 • Cash: US $47M • Available committed credit lines: US $50M Net Debt Synd. Bancomext Bi
Slide 14: III. Growth Plan
I. Axtel at a Glance II. Financial Performance III. Growth Plan IV. Shareholder Structure Axtel – Public Information 14
Slide 15: Growth Plan
Growth Plan Capture short & long-term opportunities • Double-digit growth in business lines with highest potential • Account penetration in 200 new potential customers ENTERPRISE • Focus on cross-sell / up-sell; tailor-made plans for top accounts • Capitalize on nearshoring opportunities GOVERNMENT
Slide 16: Key Takeaways
Key Takeaways Focus on growth and financial improvement Focus on fastest growing verticals Financial strength – conservative and business lines growth and leverage Agile processes Constant cash flow generation Culture: agility, empowerment and Profitability – expense control talent development Axtel
Slide 17: IV. Shareholder Structure
I. Axtel at a Glance II. Financial Performance III. Growth Plan IV. Shareholder Structure Axtel – Public Information 17
Slide 18: Axtel's Shareholder Structure
Axtel’s Shareholder Structure • Ratio AXTELCPO to CTAXTEL = 0.317 • Controladora Axtel may merge with Axtel, subject to shareholders’ approval • Outstanding AxtelCPOs = 2,780.1 million Controladora Private Float Axtel(1) Group(2) 54.9% 20.1% 24.9% Axtel (1) Company resulting from Alfa, S.A.B. de C.V
Slide 19: Axtel
axtel alestra * axnet NETWORKS