Vantage Towers Ag · HAM:VTWR
Vantage Towers — Q3 FY22 Earnings Presentation
13 slides from Vantage Towers's earnings presentation, Feb 1, 2022
Slide 1: Slide 1
Slide 2: Our Q3 FY22 at a glance
rs Our Q3 FV22 at a glance We signed a landmark agreement with 1&1 in December and see good momentum in the OTMO space The commercialization of our business accelerated with ~600 new tenancies in Q3 Our GLBO shows strong progress with 460 signed agreements and 390 in the pipeline Revenue increased b
Slide 3: Our commercial story continues to evolve
s s ‘a Our commercial story continues to evolve 1) Accelerating Europe's digital transformation 2) ____indoorcoverage solutions (+ 130 new tenancies until end of FY22 for Hungarian ma + In addition to the Pick Arena (announced in LoRaWan operator LiteNet ww Q2), we constructed the indoor DAS antenna
Slide 4: We signed a landmark agreement to partner with 1&1
VANTAGE TOWERS We signed a landmark agreement to partner with Gl * Landmark agreement launching a long-term partnership for growth in our largest market * Provision of at least 3,800 and potentially up to 5,000 existing sites to 1&1 throughout Germany for the next 20 years * Primarily co-locations o
Slide 5: We continue to build on our commercial success and operational efficiencies
VANTAGE TOWERS Macro sites 0.3 0.3 45.7 Pa FY21PF Gross Decommissioning 9M/FY22 additions Tenancies 1.40x 1.43x 65.2 am FY21PF Committed ' Non- Committed QM/FY22 Tenancy ratio Notes 1 ‘Committed’ tenancies defined as committed new sites, white spots obligations and committed tenancies 2 "Non-committ
Slide 6: Our Non-Vodafone revenue increased by 9.6% YoY
es Our Non-Vodafone revenue increased by 9.6% Yov Revenue (ex pass through) (inem 44.4% > * Q3 revenue (ex pass through) of €251m (+€11m, +4.4% -G12%)4 G1.0%), YoY) driven by: 24) 243 246 248 252 — Macro site revenue: new tenancies and CPI escalators — Energy and other revenue: other chargeable serv
Slide 7: We reaffirm our guidance
e iJ va We reaffirm our guidance . . aL Marg} Consolidated Adj. EBITDAaL. broadly stable vs (excl. INWIT and Cornerstone) FY21PF Consolidated RFCF' (excl. INWIT and Cornerstone) Notes FY21PF Outcome FY22 Guidance Medium term targets Tenancy ratio 1.40x >1.50x Group Revenue (ex. pass through) €995-€1
Slide 8: Our Q3 FY22 at a glance
rs Our Q3 FV22 at a glance We signed a landmark agreement with 1&1 in December and see good momentum in the OTMO space The commercialization of our business accelerated with ~600 new tenancies in Q3 Our GLBO shows strong progress with 460 signed agreements and 390 in the pipeline Revenue increased b
Slide 9: Slide 9
Slide 10: Key performance indicators by segment
VANTAGE TOWERS Hey performance indicators by segment Ae e =) Sone Consolidated Germany Spain Greece Other European Markets €m (unless stated) Q3FY2IPF! Q3FY22 Q3FY2IPF Q3FY22 Q3FY2IPF Q3FY22 Q3FY2IPF Q3FY22 [QBlEvaIPEl NOsIFv220) Macro sites (#) 19.4k 19.4k 8.8k 8.6k 4.8k 4.8k 12.7k 12.8k 45.7k 45.7
Slide 11: Forward-looking statements
VANTAGE TOWERS Forward-looking statements This presentation contains "forward-looking statements" with respect to Vantage Towers’ results of operations, financial condition, liquidity, prospects, growth and strategies. Forward-looking statements include, but are not limited to, statements regarding
Slide 12: Proforma financial information - basis of preparation
VANTAGE TOWERS Proforma financial information - basis of preparation The purpose of the Unaudited Pro Forma Financial Information is to illustrate the performance of Vantage Towers as if the reorganisation of the Group had occurred on 1 April 2019. In this presentation we have presented the pro form
Slide 13: (EE https://www.vantagetowers.com/investor:
VANTAGE TOWERS (EE https://www.vantagetowers.com/investor: px] ir@vantagetowers.com Vantage Towers AG 2) Prinzenallee 11-13 40549 Disseldorf Germany