Globe Telecom Inc. Annual Stockholders Meeting April 13, 2016 - PowerPoint PPT Presentation

Globe Telecom Inc. Annual Stockholders’ Meeting April 13, 2016 Fairmont Makati

Message to Shareholders Mr. Jaime Augusto Zobel de Ayala Chairman

Record-level Performance Across the Board FY15 vs. FY14 +15% +17% +23% GROSS SERVICE NET INCOME EBITDA REVENUE MOBILE SUBSCRIBERS BROADBAND SUBSCRIBERS* 4.3 52.9 2.8 44.0 +20% +55% million million million million Wired Wireless FY14 FY14 FY15 FY15 * Includes Bayan subscribers

Strong Industry Outlook Given Robust Economic Performance OFW Remittances (in USD Bn) BPO Industry Revenue Annual GDP Growth 2015 2016 Outlook 25.8 24.6 23.0 7.2% 6.6% 21.4 20.1 5.8% 6.1% $25B $21.3B 6-year Average 3.9% 6.2% real GDP Growth 2011 2012 2013 2014 2015 2011 2012 2013 2014 2015 Source: BSP Source: BSP Tourist Expenditures to the Philippines (in Php Bn) Tourist Arrivals (in Mn) 227.6 5.4 214.9 4.8 189.9 4.7 4.3 160.2 3.9 3.52 124.5 109.2 2010 2011 2012 2013 2014 2015 2010 2011 2012 2013 2014 2015 Source: gov.ph Source: gov.ph

Strong Industry Outlook Given Data-Centric Population Industry Revenues (in Php Bn) Industry Subscribers (in Mn) 130,819 +5% +4% 296.6 124,075 285.5 2014 2015 2014 2015 48 3H ~ 41% 67% 115% Mn. 42M of FB users in the country Active Social Globe’s Smartphone Ave. Daily Use Industry Mobile are under 30 years old Penetration in 2015 Media Users of Social Media Penetration Source: Globe ,wearesocial.com

Continued Commitment to Shareholders P11.0B 2015 Dividends Total Shareholder Return 5.8% 10.5% 11% 4.7%* Represents approximately 76% of 2014 Core NIAT Dividend Yield Share Price TSR Appreciation In line with dividend payout policy of *Based on 2015 dividends of P83/share 75- 90% of prior year’s Core NIAT *Based on closing share price of Php1,852 as of December 29, 2015

Creating Shared Value to All Stakeholders Inside Aklan Project 1 Phone

Globe’s Circle of Happiness

Many thanks and good luck GCA!

Message to Shareholders Mr. Ernest L. Cu President and CEO

Performance Highlights Service Revenues Net Income +23% +15% P16.5B P113.7B vs FY14 vs FY14 • Record revenues driven by robust growth of data across • Record FY15 NIAT increased by 23% YoY following all key segments and the consolidation of Bayan results consistent quarterly EBITDA growth in 2015 • Excluding Bayan, FY15 grew 12% YoY. • Excluding Bayan, FY15 NIAT reached Php16.3Bn. EBITDA Dividends +11% +17% P83/sh P45.8B vs FY14 vs FY14 • Record FY15 EBITDA on the back of record service • Payout in line with policy of distributing 75% to 90% of revenues despite higher operating expenses prior year’s core net income • Excluding Bayan, FY15 EBITDA reached Php44.8Bn

Broad-based, Data-driven Revenue Growth Marked by Outperformance in Mobile Total Data Revenues as a Percentage of Total Service Revenues* Mobile Revenues Subscribers Postpaid P31.9B (+7%) 2.4M (6%) 42% 33% Prepaid P53.2B (+10%) 50.5M (+21%) Total P85.1B (+9%) 52.9M (+20%) FY14 FY15 Mobile Data Revenues** Broadband Revenues* Fixed Line Data Revenues* P17.5B P7.7B P22.1B +38% +40% +55% * Includes Bayan Results * * Includes mobile browsing, VAS, GCash, other mobile content

Providing Wonderful Customer Experience through Partnerships Globe x WALT DISNEY Globe x CHROMECAST HOOQ wins Best Mobile App for Video at the 2016 GLOMO Awards

Providing Wonderful Customer Experience through Innovations and Network Development GEN 3 STORES Globe x HUAWEI

Strategic Initiatives: Acquisition of Bayan and Sale of Yondu • Completed acquisition of up to 98.6% of • Sale of up to 51% stake in Yondu for a Bayan through conversion of debt into equity total investment amount of P900 million • Geared towards transforming Yondu into and acquisition of shares from the Lopez Group a regional arm for digital content • Allows Globe to unlock synergy opportunities distribution, joint development hub for between Globe and Bayan new IP and a vehicle to take Globe’s • Received approval to successfully exit foreign brand partnerships • Independent platform for partnerships financial rehabilitation from the Rehab Court on November 2015 • Ongoing network rehabilitation as part of Globe’s planned modernization of Globe’s broadband and data network

Providing Wonderful Customer Experience through Innovations and Network Development Awards Globe 2015 PSE Bell Awards University • Top 5 Publicly Listed Company in the Philippines ASEAN Corporate Governance Awards • Top 50 Publicly Listed Companies for ASEAN • Top 3 Publicity Listed Companies for Philippines People Management Association of the Philippines • Renato Jiao: 2015 People Manager of the Year 2015 Global Telecoms Business Power 100 • Ernest Cu (One of the Ten Operators from Asia) • Sales & Marketing Frost & Sullivan Philippines Technical • • Telecom Service Provider of the Year • Professional Development • Mobile Service Provider of the Year Finance Asia's 15th edition of Asia's Best Companies • Leadership • Best Managed Public Companies • Best Investor Relations • Most Committed to Paying Good Dividends Employee Engagement Score • Best CEO (Ernest Cu) 18th Annual Telecom Asia Awards • Best Emerging Market Operator 84% Global High Performance Norm 89% vs. 20th GSMA Global Mobile Awards 82% Global Telco Norm • Best Use of Mobile in Emergency and Humanitarian 85% Philippine National Norm Situations for BPI Globe BanKO