Slide 1: FY26 Interim Results Announcement
FY26 Interim Results Announcement Empowering Lives Reshaping Businesses Inspiring Innovations © HKBN Ltd. 2026. All Rights Reserved.
Slide 2: Disclaimer
Disclaimer These materials have been prepared by HKBN Ltd. (the “Company”) solely for use at this presentation and have not been independently verified. No representations or warranties, expressed or implied, are made as to, and no reliance should be placed on, the fairness, accuracy, completeness o
Slide 3: Management Present
Management Present Mr. LING Hao Mr. LI Xin Mr. LEI Liqun Dr. Denis YIP HKBN Board Chairman & HKBN Executive Director & HKBN Executive Director & HKBN President & Executive Director Group Chief Executive Officer Chief Financial Officer Group Chief Operating Officer 3
Slide 4: Overview
HONG KONG BROADBAND NETWORK
Slide 5: Three Growth Strategies: Shaping the Future, Reshaping the Industry
Three Growth Strategies: Shaping the Future, Reshaping the Industry Enriching Reaching the World Smart Services Deeply rooted in Hong Kong, Deepening system Advancing steadily towards the global stage integration capabilities, Embedding AI into more scenarios, Delivering smarter & more efficient dig
Slide 6: Five Co-Creations: Driving Transformation, Delivering Greater Value to Customers
Five Co-Creations: Driving Transformation, Delivering Greater Value to Customers Customer Synergy Business Synergy Service Synergy Integrating Deepening Leveraging customer bases to fixed-mobile convergence to joint strengths for expand market reach enrich product portfolio cross-border communicatio
Slide 7: Sustainable Growth
Sustainable Growth Revenue EBITDA Net Profit AFF OPEX Deleveraging $6,029M $1,257M $108M $157M $1,499M 4.79x ▲YoY +5.1% ▲YoY +4.2% ▲YoY +0.1% ▲YoY +24.5% ▼YoY -2.8% ▼to 4.58x DPS: 15.5 HK Cents 7
Slide 8: Network Enhancement & Quality Optimisation
Network Enhancement & Quality Optimisation
Slide 9: Expanding Network Coverage: Upgrading Fibre Equipment, Enhancing Customer Experience
Expanding Network Coverage: Upgrading Fibre Equipment, Enhancing Customer Experience Expand New Networks, Accelerate New Coverage Update Modems Delivering High-Speed & Increasing Annual Capital Expenditure, Stable Connectivity Expanding Coverage to Uncovered Buildings Encouraging customers to upgrad
Slide 10: Network Infrastructure Upgrade: MetroNet 10x Leap to 100Gbps
Network Infrastructure Upgrade: MetroNet 10x Leap to 100Gbps Empowering enterprises to handle massive data applications – AI, cloud computing, high-performance computing, real-time transactions, medical imaging & beyond Success Cases Enterprises from various locations connect via HKBN’s 100Gbps netw
Slide 11: Network Quality Enhancement: Resource Synergy for Better User Experience
Network Quality Enhancement: Resource Synergy for Better User Experience Network Quality • Adopting China Mobile Group’s broadband quality standards Enhancement Milestones Strengthening Network Quality Monitoring System in an “End-to-End” observable model • Building ü Localised traffic scheduling ac
Slide 12: Northern Metropolis Network Strategy: A Forward-Looking Vision for the Future
Northern Metropolis Network Strategy: A Forward-Looking Vision for the Future • Bordering Shenzhen: Northern Metropolis accounts for ~1/3 of Hong Kong’s land area & future population • A New Engine for Hong Kong’s Strategic Development: substantial economic value & growth potential, creating large-s
Slide 13: Enterprise Solutions
HONG KONG BROADBAND NETWORK
Slide 14: Enterprise Business: Delivering Steady Growth
Enterprise Business: Delivering Steady Growth Enterprise System 2Gbps & Above Enterprise Average Monthly Integration (SI) GigaFast Broadband Building Coverage Telecom Revenue* Churn Rate Revenue Customers $2,817M $433M Over 18,000 1H FY2026 8,266 1.1% Commercial Buildings & Facilities vs ▲ YoY +10.5
Slide 15: Enterprise Solutions: The Digital Engine Driving Growth
Enterprise Solutions: The Digital Engine Driving Growth Leveraging Our Dual Strengths in Telecom & Technology to System Power Core Business Expansion Integration Solutions Cybersecurity AI Cloud Solutions IT Infrastructure Digitalisation & Applications 3 Pillars Solution Upgrades Customer Expansion
Slide 16: GigaFast Business Broadband: Surging Demand for 2Gbps & Above
GigaFast Business Broadband: Surging Demand for 2Gbps & Above 19.4% ~18,000 Service 18.5% GigaFast Customers Launch 17.3% as of Feb 2026 Aug 2024 16.2% 15.0% 14.1% 10.5% 11.9% 13.1% 2.1X 9.3% 2Gbps & Above Customers 8.2% YoY Growth 7.1% 6.1% 5.3% 4.4% ~70% 3.5% 2.5% 1.6% 0.8% Router Bundling Rate as
Slide 17: Small and Medium Enterprises: Value-Added Services for Diverse Business Needs
Small and Medium Enterprises : Value-Added Services for Diverse Business Needs 1H FY2026 GigaFast Value-Added Package Performance 25+% $800 Average Monthly New Average Monthly Fee Fee Increase 7,000+ $150M Number of New Value- Added Package Subscribers Total New Contract Value 11,000 cumulative sinc
Slide 18: Large & Medium Enterprises: Extended Connectivity Solutions
Large & Medium Enterprises: Extended Connectivity Solutions – Integrated Connectivity & Technology Advantage 1H FY2026 Project Value Exceeded 95M 1H FY2026 Cumulative Project Value Exceeded $240M Since FY2025 350 Projects Delivered Project Revenue Growth YoY +17% 800+ Projects Since FY2025 Convergin
Slide 19: System Integration Business: Outstanding Performance, Powering Enterprise Digital Transformation
System Integration Business: Outstanding Performance, Powering Enterprise Digital Transformation 1H FY2026 1H FY2026 Revenue YoY +11% Gross Profit YoY +16% Enterprise SI Revenue: $433M Enterprise SI Gross Profit: $83M A Core Technology Partner Leading Enterprise Digital Transformation Hong Kong’s Le
Slide 20: HKBN InnoTech Ecosystem Alliance (iTEA): Building an I&T Ecosystem
HKBN InnoTech Ecosystem Alliance (iTEA): Building an I&T Ecosystem, Collaborating for Shared Success Launched in 2025, bringing together leading technology solution providers across sectors, with emerging tangible results 1H 2026 Highlights Exclusive Partners H3C: Empowering Upgrades through Digital
Slide 21: Growing Computing Power: Driving AI Services Toward Stable Recurring Revenue
Growing Computing Power: Driving AI Services Toward Stable Recurring Revenue Surging Demand for Computing Power Clear Enterprise Demand for AI Driving Intelligent Service Growth Fueling Future Computing Power Development Computing Services Intelligent Services Building High-Power Computing Portals G
Slide 22: End-to-End AI Solutions: Tailored for Industry Scenarios
End-to-End AI Solutions: Tailored for Industry Scenarios, Powering Customer Digital Transformation With Strong Capabilities, Deep Industry Experience & Proven Customer Cases, HKBN Helps Businesses Across Sectors Achieve AI-Driven Digital Transformation Knowledge Base AI Agent Omni-Channel Contact AI
Slide 23: Hong Kong's First Telco to Launch OpenClaw AI Solution
Hong Kong’s First Telco to Launch OpenClaw AI Solution Guided by the philosophy “Education First, Application for All” Professional Enterprise-Grade Practical Skills Training Installation Services Network Protection • Covering OpenClaw • A series of workshops • Equipped with NPontZafe, installation,
Slide 24: International Data Business: Year-on-Year Growth Reflecting Strong Cross-Border Demand
International Data Business: Year-on-Year Growth Reflecting Strong Cross-Border Demand 1H FY2026 1H FY2026 Revenue Increased to $143M YoY +20% With Strong Customer Relations, Local Network Advantage, & Deep Collaboration with Overseas Carriers, Our Fixed Network Business Offers Customised Connectivi
Slide 25: OTN-QKD Quantum Secure Private Line: Redefining Data Transmission Security
OTN-QKD Quantum Secure Private Line: Redefining Data Transmission Security Application Scenarios Leveraging QKD quantum encryption technology to deliver the highest security level of OTN dedicated lines for enterprises Quantum Secure Transmission can Secure transmission of trading, Eliminate Eavesdr
Slide 26: Residential Solutions
HONG KONG BROADBAND NETWORK
Slide 27: Residential Business: Delivering Profitable Growth
Residential Business: Delivering Profitable Growth 2Gbps & Above Residential Residential Broadband Total Homes GigaFast Broadband Telecom Revenue ARPH* Subscriptions Passed Subscriptions $1,241M $218 ~114K 916K 2.66M ▲ YoY +3.8% ▲ YoY +2.8% ▲ YoY +42.7% ▲ YoY +1.8% ▲ YoY +1.7% * Average revenue per
Slide 28: Residential Solutions: Defining the Future of Smart Living
Residential Solutions: Defining the Future of Smart Living Infinite-Play Solutions OTT Entertainment Home Infinity Healthcare Addressing Diverse Content Expansion Smart Home Services Smart Solutions Customer Needs 3 Pillars Fixed-Mobile Infinite-Play Network Upgrade Accelerating Convergence Bundling
Slide 29: GigaFast Home Broadband: Strong Growth in 2Gbps & Above
GigaFast Home Broadband: Strong Growth in 2Gbps & Above GigaFast Customers 114,000+ Accounts for 15% of the Upgradable Customer Base YoY +43% 15% Router Bundling 13% 11% >80% 9% Router Bundling Rate as of Feb 2026 5Gbps & 10Gbps 10% Aug 2024 Feb 2025 Aug 2025 Feb 2026 Subscribers of 5Gbps + GigaFast
Slide 30: Continuous Enhancement of "Infinite-Play": Creating a Smarter & More Convenient Lifestyle
Continuous Enhancement of “Infinite-Play”: Creating a Smarter & More Convenient Lifestyle Voice Communications Mobile Service Premium Home Network Solutions Healthcare Services OTT & Music Entertainment Gerontechnology High-Speed Fibre Broadband Global SIM Cybersecurity OpenClaw AI Application Trave
Slide 31: Strong "Infinite-Play" Momentum: Driving ARPH Growth
Strong “Infinite-Play” Momentum: Driving ARPH Growth Covering broadband, voice, mobile, Global SIM, OTT, Wi-Fi, $220 ARPH* YoY +3% home cybersecurity, insurance, healthcare & gerontech $218 Up to 11 Services to Meet Diverse Customer Needs $215 ARPH Percentage of “Infinite-Play” Customers $212 30 wit
Slide 32: OTT Subscription Business: Steady Growth
OTT Subscription Business: Steady Growth* Hong Kong’s No.1 Telco Partner OTT ARPH YoY+14% OTT Paid Subscriptions YoY +12% in OTT Sales $130 ARPH ($) Paid Subscriptions ('000) $120 210 +14% $110 200 +12% Internationally Renowned Partners $100 190 $90 $80 180 $70 Latest Platform Partners for 2025 170
Slide 33: Mobile Services: More Choices, Meeting Customer Needs
Mobile Services: More Choices, Meeting Customer Needs Market Opportunities Dual-Brand Synergy • Large residential & existing mobile customer base • Strengthening “Broadband × Mobile” service • Significant potential to upgrade or switch to “Broadband × Mobile” bundled integration services • Improving
Slide 34: Gerontech Solutions: Safeguarding Seniors for Ageing in Place
Gerontech Solutions: Safeguarding Seniors for Ageing in Place In response to 2025 Policy Address “Installing an Intelligent Accident Detection System for High-Risk Households” Enhancing Safety for High-Risk Carer Households Outdoor Home Safety Daily Care Smart Devices Emergency Alarm + Living Enviro
Slide 35: FY26 Interim Results Announcement
FY26 Interim Results Announcement Empowering Lives Reshaping Businesses Inspiring Innovations © HKBN Ltd. 2026. All Rights Reserved.
Slide 36: Thank you!
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