Cablevision Holding Sa Class B · BCBA:CVH
Cablevision Holding Sa Class B — FY2023 Earnings Presentation
18 slides from Cablevision Holding Sa Class B's earnings presentation, Mar 13, 2024
Slide 1: Please consider the environment printing this presentation
Please consider the environment printing this presentation
Slide 2: FY & 4Q23 Results – Disclaimer
2024 FY & 4Q23 Results — March 13th, 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 and
Slide 3: Argentina & Company - Latest Events
Argentina & Company - Latest Events Income Statement & Operating Results Financial Debt Q &A Session
Slide 4: Argentina macro indicators: inflation, fiscal result, exchange rate
Montly inflation Primary Fiscal Result Official Exchange rate Financial Fiscal Result Financial Exchange Rate (local) Fiscal Revenue Financial Exchange Rate (crossborder) Primary Expenses
Slide 5: Highlights
arch 13th, 2024 M FY & 4Q23 Results ~ Highlights CVH ¢ We collected dividends in-kind from our subsidiaries for an equivalent to ~ARS18.6Bn ¢ We applied the bonds collected to pay dividends in-kind to our shareholders, resulting in a gross dividend equivalent to approximately ARS 104.58 per share an
Slide 6: Income Statement & Operating Results
Argentina & Company - Latest Events Income Statement & Operating Results Financial Debt Q &A Session
Slide 7: December'22-December'23 inflation rate: 211.4%
27.4% 28.1% December’22-December’23 inflation rate: 211.4%
Slide 8: December'22-December'23 inflation rate: 211.4%
23.6% 25.7% December’22-December’23 inflation rate: 211.4%
Slide 9: Revenue Breakdown & KPI: Mobile services
2024 FY & 4Q23 Results - March 13¢ Revenue Breakdown & KPI Mobile services 39% =} Exhibit 11: Mobile Personal Clients”) Exhibit 9: Mobile Services Revenues AR$ Bn 4Q23 Exhibit 12: Mobile Data Usage CYH Exhibit 10: Mobile Personal) ARPU in AR$ and churn (%) 2.3% o—__18% 3,434 3,056 FY22 FY23 Exhibit
Slide 10: Revenue Breakdown & KPI: Fixed services
Revenue Breakdown & KPI Fixed services telecom 12% ep personal | 23% L wp FLOW 17%, im 17% Exhibit 16: BB ARPU and Churn Exhibit 14: Fixed Services Revenues AR$ Bn 277,931 247,469 IAS Adjustment Broadband Fixed Tel & Data Pay TV Exhibit 17: Pay TV and Flow Subs CYH Exhibit 15: Broadband Subs and BB
Slide 11: Price Increases 2023
Price Increases 2023 Exhibit 19: BB ARPU in Historical Figures ARPU in AR$. HET rl 3,810 “ee 1,628 1,797 1,935 2,194 2,628 a Ef & HH 4Q21 1Q22 2Q22 3Q22 4Q22 a a 3Q23 4Q23 personal [z =) Exhibit 21: Mobile ARPU in Historical Figures ARPU in AR$. +84% 1,755 1,054 1.227 i oft & E 4Q21 1Q22 2Q22 3Q22 4
Slide 12: Income Statement: 4Q23 Expenses Breakdown
th, 2024 « o = 2 > Income Statement 4Q23 Expenses Breakdown Exhibit 23: 4Q23 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 =
Slide 13: Income Statement: 4Q23 & 4Q22 yoy figures
Income Statement 4Q23 & 4Q22 yoy figures Exhibit 24: EBITDA Evolution % yoy, AR$ MM A 4Q23 vs 4Q22 130,032. ansom) A 123,186 A (20,4%) —aml-—-- A (34,2%) - A(13,2%) Semel 69,177 AC) 15,918 A (8,7%) (5,545 7 A (31%) 11,278 ba 2,277 EBITDA. Revenues Revenues From Cost of Employee Commissions Taxes and
Slide 14: Income Statement: Quarterly yoy figures
Income Statement C¥H Quarterly yoy figures Exhibit 25: EBITDA Evolution Yoy EBITDA Variation (%) 20% Wis 4 hs Co oc" TS" Ee ee eeee eet 20% a 30% 1Q20 2Q20 3Q20 4Q20 = 1Q21 2Q21 3Q21 4Q21 1Q22 2Q22 3Q22 4Q22 1Q23 2Q23 3Q23 4Q23 Exhibit 26: EBITDA Margin Evolution EBITDA Margin and interannual p.p. d
Slide 15: Capex: 4Q23 & 4Q22 yoy figures
Capex CY¥H 4Q23 & 4Q22 yoy figures Exhibit 27: Investments AR$ Bn & % over Total Revenues yN 132 new sites were deployed, 334 sites were upgraded. GB Acquisition of Spectrum Hil Rights of Use from leases _zm Upstream capacity of the HFC network Hl Ppa and intangible assets 58.8% all fnveronaexal by
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 28: CVH Consolidated Debt Profile as of December 31, 2023 Us$ MM ars Hi cny [Local sD Hj GuA Hi usp 759 765 = i [| 274 116 _ —= 36 1 16 2024 2025 2026 2027 2028 2029 2030 2031 Exhibit 29: CVH Consolidated Key Financial Ratios December December AR$ MM 2022 2023
Slide 18: Q&A Session
Argentina & Company - Latest Events Income Statement & Operating Results Financial Debt Q &A Session 18