Cablevision Holding Sa Class B · BCBA:CVH
Cablevision Holding Sa Class B — 1H 2021 Earnings Presentation
19 slides from Cablevision Holding Sa Class B's earnings presentation, Aug 12, 2021
Slide 1: 1H and 2Q21 Results
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Slide 2: Disclaimer
- August 12th, 2021 1H and 2Q21 Results Disclaimer CYH The information contained herein has been prepared by Cablevisién Holding S.A. (“CVH") solely for use at this presentation. The information herein is only a summary and does not purportto be complete. This presentation is strictly confidential a
Slide 3: Argentina & Company - Latest Events
Argentina & Company - Latest Events Income Statement & Operating Results Financial Debt Q &A Session
Slide 4: Regulatory framework @ CVH
Regulatory framework @ 208 CYH Decree Mobile, Fixed Voice, Broadband and Cable TV services declared as public 690/2020 essential services oICT prices frozen until December 31, 2020 August 2020 o ENACOM as enforcement agency with supervisory power over Telcos’ prices in the country. o Special tariff
Slide 5: Change of Control Tender Offer
Q21 Results - Change of Control Tender Offer (TO) CVH Regulatory Framework Tender Offer Judicial Proceedings o On January 1, 2018, CVH became the controlling shareholder of Telecom. o On May 11, 2018, a new Capital Markets Law was issued by the Argentine Congress. o On December 28, 2019, CNV issued
Slide 6: Macroeconomic Environment
Macroeconomic Environment C¥H Key Indicators GDP Argentina and Region") External and Fiscal Balances) Rebased 1VQ’17=100 As % GDP — Primary Fiscal Balance 5 — Argentina — Chile — Current Account Balance OK 0.6% Pr _ 105.7 Flaum -0.4% Brazil Uruguay SI 100.0 103.7 59% .979, 2.3% aT 2.7% -2.7% 907 ==
Slide 7: Income Statement & Operating Results
Argentina & Company - Latest Events Income Statement & Operating Results Financial Debt Q &A Session
Slide 8: June'20-June'21 inflation rate: 50.2%
36.4% 33.9% June’20-June’21 inflation rate: 50,2%
Slide 9: June'20-June'21 inflation rate: 50.2%
37.8% 31.5% June’20-June’21 inflation rate: 50,2%
Slide 10: Revenue Breakdown & KPI: Mobile services
Revenue Breakdown & KPI CYH Mobile services Povsenad Exhibit 9: Mobile Services Revenues Exhibit 10: Mobile Personal(’) ao AR$ Bn ARPU in AR$ and churn (%). 38% [a] ) 37, 2.1% poontacnas, 33,364 ; : 13,082 | 1,028% IAS Adjustment “07s 564 525 32,336 2Q20 2Q21 1H20 1H21 Exhibit 11: Mobile Personal Cl
Slide 11: Revenue Breakdown & KPI: Fixed services
2021 - August 12th 1H and 2Q21 Results Revenue Breakdown & KPI Fixed services 21% (o) Exhibit 14: Fixed Services Revenues AR$ Bn IAS Adjustment Broadband TELECOM aaa Fixed Telephony 14% Pay TV Cig 19% Exhibit 16: BB ARPU and Churn 2Q21 Exhibit 17: Pay TV and Flow Subs CYH Exhibit 15: Broadband Subs
Slide 12: Price Increases as of June 2021
Price Increases as of June 2021 Fibertel & +15% <25Mb Plans +10% >25Mb Plans Exhibit 19: BB ARPU in Historical a ARPU in AR$. CYH -) +10% = +10% Soccer Pack Exhibit 20: Pay TV ARPU in Historical Figures ARPU in ARS, 28%) 1,358 1,341 1,517 fH - 7 4 a — — 1] LJ 2Q20 4Q20 1Q21 2Q21 2Q20 4Q20 1Q21 2Q21
Slide 13: Income Statement: 2Q21 Expenses Breakdown
Income Statement 2Q21 Expenses Breakdown Exhibit 23: 2Q21 Expenses Breakdown % yoy, AR$ MM m Employee benefit expenses and severance payments m Fees for Services, Maintenance, Materials and Supplies m Taxes and Fees with the Regulatory Authority m= Programming and Content Costs = Commissions and Adv
Slide 14: Income Statement: 2Q21 & 2Q20 yoy figures
Income Statement 2Q21 & 2Q20 yoy figures Exhibit 24: EBITDA Evolution % yoy, AR$ MM A 2Q21 vs 2Q20 36,919 11,448 A (16.6%) 447.2% A(7.2%) A (18.4%) A (3.7%) _ 2,214 4(12.3%) EBITDA. Revenues Revenues From Cost of Employee Commissions Taxes and Other Operating Programming Fees for Interconnection EBI
Slide 15: 2.0 2.1 1.6 1.1 0.8 2017 2018 2019 2020 2Q21
2.0 2.1 1.6 1.1 0.8 2017 2018 2019 2020 2Q21
Slide 16: Financial Debt
Argentina & Company - Latest Events Income Statement & Operating Results Financial Debt Q &A Session 16
Slide 17: CVH Consolidated Financial Debt
CVH Consolidated Financial Debt Exhibit 27: CVH Consolidated Debt Profile as of June 30, 2021 Us$ MM ars HI cny Mi usp Hicua 555 554 44 106 372 334 424 1,856 182 113 iy ” _ oF pi A a 3 ig 18 24 ) 224 15 m4 74 2021 2022 2023 2024 2025 2026 2027 2028 Exhibit 28: CVH Consolidated Key Financial Ratios J
Slide 18: Telecom Dividend and CVH Financial Position
Telecom Dividend and CVH Financial Position Exhibit 29: CVH Separate Financial Position Dividend Collected from Telecom As of June 2021, MM AR$ USD Total in USD! Total Financial Debt - - - Cash And Equivalents 19.0 10.3 10.5 Total Net Debt (10.5) Exhibit 30: Dividend Collected from Telecom In MM Nom
Slide 19: Q&A Session
Argentina & Company - Latest Events Income Statement & Operating Results Financial Debt Q &A Session 19