Pt Xlsmart Telecom Sejahtera Tbk · IDX:EXCL
Pt Xlsmart Telecom Sejahtera Tbk — PT XL Axiata — 2Q 2024 Earnings Presentation
16 slides from Pt Xlsmart Telecom Sejahtera Tbk's earnings presentation, Aug 5, 2024
Slide 1: PT XL Axiata Tbk 2Q 2024 Results Presentation
» XL axtata PT XL Axiata Tbk 2Q 2024 Results Presentation 05/08/2024
Slide 2: Disclaimer
Disclaimer > XL axiata The following presentation contain statements about future events and expectations that are forward-looking statements by the management of PT XL Axiata Tbk. (“XL Axiata”) (“Company”), relating to financial trends for future periods, compared to the results for previous period
Slide 3: 1H 2024: Keeping a Steady Momentum
1H 2024: Keeping a Steady Momentum > XL axiata ntinued growth momentum through increase in Revenue by 8% YoY driven by continued robust Data and Digital Revenue growth of 10% YoY Stronger push on Profitability demonstrated through lower OPEX, driving EBITDA growth of 17% YoY and PAT growth of 58% Yo
Slide 4: C C C C
C C 44 44 43 42 42 40 40 40 39 C C 36 1Q 22 2Q 22 3Q 22 4Q 22 1Q 23 2Q 23 3Q 23 4Q 23 1Q 24 2Q 24
Slide 5: Continuing Growth in Convergence
Continuing Growth in Convergence Increasing subscribers while strongly progressing in Convergence penetration > XL axtata Network of Wifi Rumah b » 104 Gities Focusing on optimizing toe OS, Homes Passed with BMT MITER) NG Across Indonesia. De selective expansion a ee | Convergence 81% of FBB Penetra
Slide 6: Financial and Operational Performance
> XL axiata , | Financialkand Operational Pf Performance y
Slide 7: Upholding Solid Growth and Profitability
Upholding Solid Growth and Profitability > XL axiata Revenue growth outpaced by EBITDA and PAT through continued focus in Profitability an (IDR Bn) rm PAT (IDR Bn) mong r +2% > 15,775 ro _ 1,037 8,224 8,441 8,615 “ p 711% > 1,364 O u O ' 2023 «1024 = 224 1H 23 1H 24 2Q 23 1024. 2024 1H 23 1H 24 "Oth
Slide 8: Higher Subscriber Base while Maintaining Strong ARPU
Higher Subscriber Base while Maintaining Strong ARPU >] XL axiata Growing number of Subscribers supported positive trend in Traffic Subscribers (Mn) ARPU (IDR 000) +1% [ae 58.0 57.6 58.5 E a 2Q 23 1Q 24 2Q 24 1H 23, 1H 24 2Q 23 1Q 24 2Q 24 ™Postpaid =Prepaid === Prepaid === Postpaid Blended Traffic
Slide 9: Continuing Cost Control
Continuing Cost Control > XL axtata Further cost management & efficiencies resulted in flat OPEX YoY Most items have Operating Expenses (IDR Bn) ol maintained steady 4% f° cost-to-Revenue ratio [- i +3% > 8,113 8,094 4,148 3,984 4,110 2Q 23 1Q 24 2Q 24 1H 23, 1H 24 Operating Expenses (IDR bn) 2Q 23
Slide 10: Optimal Investments to Sustain Momentum
Optimal Investments to Sustain Momentum > XL axtata Strategic expansion of network, ensuring optimal asset productivity BTS +8% [ [—+0.5%—> 163,106 163,884 151,487 97125 107,906 ~— 109,170 1,226 377 377 2Q 23 1Q 24 2Q 24 =2G §3G §4G Fiberized Site myXL and AX!Snet 2Q 62% : Significant growth QoQ Use
Slide 11: Guidance
> a XL axtata Guidance
Slide 12: FY 2024 Consolidated Guidance
Ob/O8/2024) Revenue Growth High Single Digit EBITDA Margin around 50% CAPEX around IDR 8Tn 3 XL axtata FY 2024 Consolidated Guidance KP Axiata Public
Slide 13: Thank You
05/08/2024 Thank You XL Axiata Public > XL axiata 13
Slide 14: Appendix
05/08/2024 Appendix XL Axiata Public XL axiata 14
Slide 15: Balance Sheet
Balance Sheet 5 XL axiata Robust financial position to date with lowering gearing ratios and improved FCF Free Cash Flow (IDR Bn) Capitalized Capex (IDR Bn) r > _ > 1H 25 1H 24 1H 2023 1H 2024 Free Cash Flow defined as EBITDA minus Capitalized Capex Gross & Net Debt (IDR Bn) Gearing Ratios (x) 1H 20
Slide 16: Borrowings Profile
Borrowings Profile >] XL axiata Maintaining well-spread maturities and balanced portfolio of Fixed vs Floating Interest Rate Interest Rate Profile Maturities (IDR Tn) 8.6 21 0.2 |! 2024 2025 2026 & Beyond Mio Floating ME vr Fixed 95/03/2024 16