Gma Network, Inc. · PSE:GMA7

Gma Network — Q1 2016 Earnings Presentation

25 slides from Gma Network's earnings presentation, May 5, 2016

1. Slide 1: SEC Form 17-C Current Report

   C02498-2016 SECURITIES AND EXCHANGE COMMISSION SEC FORM 17-C CURRENT REPORT UNDER SECTION 17 OF THE SECURITIES REGULATION CODE AND SRC RULE 17.2(c) THEREUNDER 1. Date of Report (Date of earliest event reported) May 5, 2016 2. SEC Identification Number 5213 3. BIR Tax Identification No. 000-917-916 4

2. Slide 2: PSE Disclosure Form 4-30 - Material Information/Transactions

   The Exchange does not warrant and holds no responsibility for the veracity of the facts and representations contained in all corporate disclosures, including financial reports. All data contained herein are prepared and submitted by the disclosing party to the Exchange, and are disseminated solely f

3. Slide 3: 1st Quarter 2016 GMA Network, Inc.

   1ST QUARTER 2016 GMA NETWORK, INC. May 5, 2016

4. Slide 4: Discussion Points

   DISCUSSION POINTS • NETWORK UPDATE • RATINGS • NEW PROGRAMS • FINANCIAL HIGHLIGHTS

5. Slide 5: Network Update: Ratings & New Programs

   NETWORK UPDATE RATINGS & NEW PROGRAMS

6. Slide 6: GMA Maintains NUTAM and MEGATAM Lead in Q1 2016

   GMA MAINTAINS NUTAM AND MEGATAM LEAD IN Q1 2016 OVERALL HH CHANNEL SHARES NUTAM MEGATAM OTHERS GNTV 4.65 5.26 TV5 7.63 GMA 43.01 ABS-CBN 28.56 TOTAL DAY (MON-SUN; 6AM-12MN) SOURCE: AGB NUTAM DATA JAN-MAR 2016

7. Slide 7: GMA Gets Biggest Share in Loading vs. Competition

   GMA GETS BIGGEST SHARE IN LOADING VS. COMPETITION WITH POLITICAL ADS LESS POLITICAL ADS OTHERS GMA OTHERS GMA 36% 35% 35% 36% ABS-CBN ABS-CBN 28% 29% NOTE: Other Channels are GNTV, TV 5, ETC, ABS-Sports, CNN Phils, PTV, RJTV 2nd Ave, and IBC Commercial minutes do not include 5 secs, gov’t ads, netwo

8. Slide 8: GMA to Launch More Programs

   GMA TO LAUNCH MORE PROGRAMS TO LAUNCH IN MAY 2016 COMING SOON! COMING IN JUNE 2016 COMING IN AUGUST 2016 COMING IN JULY 2016

9. Slide 9: GMA Makes History on First Leg of PiliPinas Debates 2016

   GMA MAKES HISTORY ON FIRST LEG OF EST HIGH RE TOP TRENDING TOPIC WORLDWIDE! HA HH S FEB. 21 LAST #PiliPinasDebates2016 with 13.4 million organic impressions from @gmanews GMA PILIPINAS DEBATES OVER 3.5 MILLION VS. ABS-CBN AND TV5, FEB 21, 2016, 5:00PM- 7:15PM PAGE VIEWS! On GMA News Online SOURCE: E

10. Slide 10: GMA Powers First-Ever 360-Degree Livestream Coverage in the Philippines

    GMA POWERS FIRST-EVER 360-DEGREE LIVESTREAM COVERAGE IN THE PHILIPPINES GMA New Media, Inc. was FIRST TO IMPLEMENT 360-DEGREE LIVESTREAM COVERAGE in the Philippines ahead of YouTube and Facebook. More live-streaming available on:

11. Slide 11: GMANetwork.com Still Leads Total Page Views

    GMANETWORK.COM STILL LEADS TOTAL PAGE VIEWS IN MILLIONS 10% 319.1 350.6 ABS-CBN GMA SOURCE: EFFECTIVE MEASURE Q1 2016

12. Slide 12: GMA Is the Leading Network in Website Portalization

    GMA IS THE LEADING NETWORK IN WEBSITE PORTALIZATION GMA NETWORK HAS BEEN USING A PORTALIZATION STRATEGY FOR ITS WEBSITE MUCH EARLIER THAN COMPETITOR (ONLY IN 2016). GMANETWORK SINCE 2011

13. Slide 13: +27% in Monthly Average Pageviews on GMA News Online

    +27% IN MONTHLY AVERAGE PAGEVIEWS ON GMA NEWS ONLINE IN MILLIONS 27% 55 70 Q1 2015 Q1 2016 SOURCE: EFFECTIVE MEASURE Q1 2015 vs. Q1 2016

14. Slide 14: GMA Programs Now Accessible via Mobile Device

    GMA PROGRAMS NOW ACCESSIBLE VIA MOBILE DEVICE LAUNCHED LAUNCHED MARCH 16, 2016 LAUNCHED MARCH 16, 2016 FEBRUARY 14, 2016 25 COUNTRIES IN JAPAN (IPS) IN MIDDLE EAST SINGAPORE FEBRUARY 26, 2016 AND NORTH AFRICA IN UAE (E-LIFE) PLATFORMS: PLATFORMS: MARCH 1, 2016 DTH, CABLE, IPTV, CABLE, IPTV, IN SINGA

15. Slide 15: GMA Is the Only Philippine Network to Win at the New York Festivals 2016

    GMA IS THE ONLY PHILIPPINE NETWORK TO WIN AT THE NEW YORK FESTIVALS 2016! Magpakailanman Pepito Manaloto Celebrity Bluff Bubble Gang Mel Tiangco Sandra Aguinaldo MARCH 2016 I-Witness Ms. Malou Mangahas Walang Tulugan Reel Time APRIL 2016 FEBRUARY 2016 Biyahe Ni Drew Community Portraits Category iBil

16. Slide 16: Financial Highlights

    FINANCIAL HIGHLIGHTS GMA

17. Slide 17: +148% on Net Income, +86% on EBITDA

    +148% ON NET INCOME, +86% ON EBITDA FROM JANUARY – MARCH 2015 & 2016 (IN MILLIONS PHP) 30% 2% 86% 148% 3,006 3,903 2,432 2,470 986 1,838 408 1,013 REVENUES EXPENSES EBITDA NET INCOME Q1 2015 Q1 2016

18. Slide 18: +32% on Net Airtime Revenues, +13% on Subscription/Others

    +32% ON NET AIRTIME REVENUES, +13% ON SUBSCRIPTION/OTHERS VS. PRIOR YEAR REVENUES FOR THE FIRST QUARTERS ENDED MARCH 31, 2015 & 2016 (IN MILLIONS PHP) Revenue Component Q1 2015 Q1 2016 Inc (Dec) TV Channel 7/RTV 2,545 3,358 32% Channel 11 (GNTV) 69 78 13% Radio 98 135 38% Airtime Revenues 2,711 3,57

19. Slide 19: +30% on Absolute Revenues vs. Q1 2015

    +30% ON ABSOLUTE REVENUES VS. Q1 2015 NET OF POLITICAL ADS FOR THE FIRST QUARTERS ENDED MARCH 31, 2015 & 2016 (IN MILLIONS PHP) Revenue Component Q1 2015 Q1 2016 Inc (Dec) Airtime Revenues 2,711 3,571 32% Subscription and Others 294 331 13% Revenues 3,006 3,903 30% Less: Political Ads 9 640 6710% Re

20. Slide 20: Stronger Fiscal Management with Minimal Increase in Expenses

    STRONGER FISCAL MANAGEMENT WITH MINIMAL INCREASE IN EXPENSES CONSOLIDATED OPERATING EXPENSES FOR THE FIRST QUARTERS ENDED MARCH 31, 2015 & 2016 (IN MILLIONS PHP) Operating Expense Q1 2015 Q1 2016 Inc (Dec) Production Costs 1,327 1,338 1% General & Admin Expenses 1,105 1,133 3% Total Operating Expens

21. Slide 21: More Efficient Production Costs for Q1 2016

    MORE EFFICIENT PRODUCTION COSTS FOR Q1 2016 CONSOLIDATED PRODUCTION COSTS FOR THE FIRST QUARTERS ENDED MARCH 31, 2015 & 2016 (IN MILLIONS PHP) Cost Component Q1 2015 Q1 2016 Inc (Dec) Cash Production Channel 7/International 944 934 -1% Channel 11 (GNTV) 105 110 6% Subsidiaries 34 33 -3% Amortization

22. Slide 22: Minimal Increase in Consolidated GAEX

    MINIMAL INCREASE IN CONSOLIDATED GAEX CONSOLIDATED GAEX FOR THE FIRST QUARTERS ENDED MARCH 31, 2015 & 2016 (IN MILLIONS PHP) Consolidated GAEX Q1 2015 Q1 2016 Inc (Dec) Personnel costs 568 620 9% Ads and promo 35 52 49% Research and survey 21 26 25% Other cash GAEX 337 309 -9% Total Cash GAEX 962 1,

23. Slide 23: Stronger Financial Metrics for Q1 2016

    STRONGER FINANCIAL METRICS FOR Q1 2016 EBITDA Margin ROA 33% 47% 11% 26% Q1 2015 Q1 2016 Q1 2015 Q1 2016 Net Income Margin ROE 14% 26% 22% 40% Q1 2015 Q1 2016 Q1 2015 Q1 2016

24. Slide 24: Stronger Financial Metrics in GMA's Consolidated Balance Sheets

    STRONGER FINANCIAL METRICS IN GMA’S CONSOLIDATED BALANCE SHEETS IN MILLIONS PHP Current Assets Current Ratio Current Liabilities 8,810 10,193 1.58 5,589 4,204 2.42 Q1 2015 Q1 2016 Q1 2015 Q1 2016 Q1 2015 Q1 2016 Total Liabilities Equity Total Assets 7,426 10,095 14,490 15,728 7,064 5,633 Q1 2015 Q1

25. Slide 25: Serbisyong Totoo

    SERBISYONG TOTOO. ITO ANG GMX

GMA Network — Q1 2016 Earnings Presentation on 6ix