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3Q/9M 2025 Analysts’ Briefing 11 November 2025 | The Globe Tower + Zoom Docusign Envelope ID: E6F2DCD3-9208-46D7-8DDC-1F482DEF9432
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9M 2025 Performance Globe updates: Consolidated Gross Service Revenues Revenue uptrend continues, fastest sequential growth in 13 quarters EBITDA Core Net Income 4Q25 Cash Dividend of PhP25/sh Payment Date: 12/05/2025 Record Date: 11/20/2025Mynt contributed to 25% of 9M25 NIBT Significant 1MW customer deployment already active in STT Fairview 1 in PHP Billions in PHP Billions in PHP Billions 2Q25 3Q25 9M24 9M25 2Q25 3Q25 9M24 9M25 2Q25 3Q25 9M24 9M25 Contribution from data-centric services continues to grow, now 88% of 3Q topline, sustaining sequential improvement 3Q EBITDA margin of 53% still tracking above full-year guidance on effective cost optimization efforts EBITDA improvement partly cushions lower share in equity affiliates, leading to core net income of Php5.0 billion 2 ▲ 3% ▲ 3% ▼ 12% 40.3 41.5 124.0 121.7 21.4 22.0 64.9 64.2 5.9 5.0 17.6 15.5 ▼ 2% ▼ 1% ▼ 15% Docusign Envelope ID: E6F2DCD3-9208-46D7-8DDC-1F482DEF9432
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86.2 Total 9M25 Mobile Revenues Mobile Voice Mobile Business Mobile Data Mobile SMS PHP billion 74.0 8.3 3.9 PHP billion PHP billion PHP billion ▼ 2% YoY ▲ 2% QoQ | ▲ 2% YoY = QoQ | ▼ 14% YoY ▼ 10% QoQ | ▼ 25% YoY 3Q253Q24 4Q24 1Q25 2Q25 ▲ 1% QoQ to Php 29.1bn 3 Mobile data remains the key driver behind sequential revenue improvement ALL-TIME HIGH! Docusign Envelope ID: E6F2DCD3-9208-46D7-8DDC-1F482DEF9432
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Mobile Business Mobile Subscribers Mobile Data Users 63.1 37.8 ▲ 1% QoQ | ▲ 5% YoY Mobile Data Traffic Mobile Data Monthly ATPU 4,846 15.0 millionmillion pb gb ▲ 1% QoQ | = YoY = QoQ | ▲ 2% YoY = QoQ | ▼ 3% YoY ● 5G subscribers generating significantly higher value versus non-5G subscribers ● 5G ARPU 9% higher than non-5G 5G ATPU 45% ▲ 5G MOBILE TRAFFIC* 85% ▲ MoM MoM * Average Daily Traffic Traffic • Average daily mobile top-ups remain stable, notwithstanding impact of weather disturbances • Average daily wireless traffic continues to improve allowing for further data monetization Sep-25 vs. Dec-24 4 Improving data traffic shows effectiveness of data habituation strategy Jan Feb Top-ups Mar Apr May Jun Jul Aug Sep Docusign Envelope ID: E6F2DCD3-9208-46D7-8DDC-1F482DEF9432
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Total 9M25 Broadband Revenues Broadband Business Fiber Broadband leading the charge, contributing 91% of total segment revenues Fixed Wireless Wired Total Home Broadband Subscribers (in Mn) 0.4 1.7 2.1 YoY Change in Subscribers ▼ 26% ▲ 40% ▲ 21% YoY Change in Revenues ▼ 35% ▲ 4% = 17.8 PHP billion = YoY3Q253Q24 4Q24 1Q25 2Q25 ▲ 4% QoQ to Php 6.1bn Total Fiber Subscribers 44% Total Fiber Revenues 5% ▲ YoY YoY ▲ Fiber’s share of 9M25 Broadband revenues 91% 5 Docusign Envelope ID: E6F2DCD3-9208-46D7-8DDC-1F482DEF9432
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Broadband Business Globe deepens leadership in mass-market fiber GFP Subscribers 700K ▲ 28% QoQ 3.6x 2.0x 1.4x 1.3x 1.1x Acquisitions 6 1.1x Docusign Envelope ID: E6F2DCD3-9208-46D7-8DDC-1F482DEF9432
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Corporate Data Business Core Services ICT-Related Services 11% 14%▲ Total 9M25 Corporate Data Revenues 15.0 ▼ 3% YoY PHP billion Enterprise spending on reliable connectivity and ICT-related services expected to remain stable; growing alongside the country's fast-expanding digital economy QoQ QoQ 3Q253Q24 4Q24 1Q25 2Q25 ▲13% QoQ to Php 5.4bn 7 Sequential turnaround highlights growth momentum and ICT tailwinds ▲ Docusign Envelope ID: E6F2DCD3-9208-46D7-8DDC-1F482DEF9432
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Non-telco business Mynt continues growth trajectory, fundamentals remain unchanged Total 9M25 Non-Telco Revenues 1.7 PHP billion 8 Others Total 9M25 Equity Share in Affiliates 5.7 PHP billion 5.3 PHP billion 0.4 PHP billion Mynt contributed 25% of Globe’s 9M25 NIBT, with affiliates’ total contribution at 27% Non-telco revenues seeing healthy contributions from Yondu and Asticom Docusign Envelope ID: E6F2DCD3-9208-46D7-8DDC-1F482DEF9432
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Capital Expenditures Optimized spending further strengthening Globe’s healthy free cash flow position CAPEX (in Php Bn) CAPEX-to-Revenue Ratio 31% 61% 64% 44% 34% 9M25 Capital Expenditures 31.4 ▼ 23% YoY PHP billion 60 31 93 101 71 56 ● Optimized capital deployment for the remainder of the year as Globe maintains positive FCF ● Continued spending on calibrated investments and critical infrastructure 26% 9M25 9 Free Cash Flow Docusign Envelope ID: E6F2DCD3-9208-46D7-8DDC-1F482DEF9432
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Capital Expenditures Data continues to account for majority of CAPEX, focused on spending where it matters 9M25 CAPEX Breakdown new cell sites built upgraded mobile sites 5G sites installed 1,375 8,699 877 FTTH lines deployed 60,193 10 Others, 2% Data, 89% Business Support, 6% Core, 3% Docusign Envelope ID: E6F2DCD3-9208-46D7-8DDC-1F482DEF9432
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#AlagangGlobe Responding to the challenges posed by weather disturbances and earthquakes, Globe stands with affected communities by establishing Libreng Tawag and Charging (LTLC) Sites and delivering critical aid. 11 29 LTLC stations deployed July to Oct 2025 +9,000 families received relief assistance July to Oct 2025 Docusign Envelope ID: E6F2DCD3-9208-46D7-8DDC-1F482DEF9432
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ESG Updates Sustainability is embedded in the operations of Globe Top 50 Publicly Listed Companies (PLCs) in ASEAN and among the Top 5 PLCs in the Philippines 2025 ASEAN Corporate Governance Conference and Awards Gold Award for Globe Hapag Movement Inquirer ESG Awards 1st for Globe 10th year 4th year Overall Grand Winner +11 other awards HR Excellence Awards 2025 ENVIRONMENT GOVERNANCE SOCIAL NET ZERO ● Reach net-zero greenhouse gas emissions across the value chain by 2050 as approved by the Science Based Target initiative (SBTi) ONLINE SAFETY ● Block spam and scam messages, and URLs and domains containing Child Sexual Abuse or Exploitation Materials (CSAEM) COMMUNITY ENGAGEMENT ● Empowering Communities Towards Sustainable Development OUR SUSTAINABILITY AMBITION 3Q 2025 SUSTAINABILITY HIGHLIGHTS 3,000 low-energy utilization facilities to be transitioned to RE through RAP DIGITAL SKILLS ● Promote digital skills to enable the digital-first Filipino ● MOU with DICT for a Collaborative Framework for Fraud Prevention and Investigation ● Chair of Global Anti-Scam Alliance Philippine Chapter ● SMS Scam Shield feature on the GlobeOne app ● GSMA Open Gateway Certification for Globe's upcoming Number Verification API ● Digital Thumbprint Program in more schools ● Academic-industry linkages in Northern Mindanao through Globe’s Internship Program ● AI for Learning through Khan Academy is now in GlobeOne App ● >3,000 volunteers participated in 91.7 Minutes of Service with 7 partner NGOs during GDay - 2024 Scope 1 and 2 Emissions reflect a 55.09% reduction versus baseline* - 2024 Scope 3 Emissions (covered by SBTi near-term targets) reflect a 44.86% reduction versus baseline* * Recalculation of base year GHG emissions inventory aligned with SBTi’s Corporate Net-Zero Standard and Near-Term Criteria to commence within 2025-2026. 1212 Docusign Envelope ID: E6F2DCD3-9208-46D7-8DDC-1F482DEF9432
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ESG Updates Globe demonstrates unwavering commitment to the highest standards of corporate governance Five Golden Arrows Institute of Corporate Directors (ICD) Fourth consecutive year The distinction affirms Globe’s consistent performance in upholding transparency, accountability, and ethical leadership across all levels of the organization. 13 Docusign Envelope ID: E6F2DCD3-9208-46D7-8DDC-1F482DEF9432
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Konektadong Pinoy Act Despite its constitutional infirmities, Globe sees potential pockets of opportunities 14 Infrastructure monetization Streamlined capacity rollout Improved nationwide coverage Wholesale leasing opportunities will allow for more efficient capacity utilization; also opens up opportunities in other lucrative markets wherein Globe can expand Coordination with national infrastructure programs and policies could aid in speeding up rollout, ensuring capital deployment stays efficient KPA ultimately aligns with Globe’s goal of providing fast, affordable, and reliable connectivity to the Filipinos Note that after the IRR takes effect, these opportunities will still remain contingent on the necessary implementing guidelines and circulars to fully implement KPA, such as access lists, qualifications of DTIPs, and SMPFs. 14 Docusign Envelope ID: E6F2DCD3-9208-46D7-8DDC-1F482DEF9432
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15 STT GDC Philippines Building for the Future: Capacity Delivery Meets Market Engagement Groundbreaking May 2023 Start of Construction November 2023 Structural Top-off November 2024 Today, November 2025 Level 1 Data Hall now operational with tenant; final testing underway for additional customer deployment STT Fairview 1 ✓ Both power feeders are energized with ongoing testing activities ✓ Site on track to be operational by the end of the year STT Cavite 2 Docusign Envelope ID: E6F2DCD3-9208-46D7-8DDC-1F482DEF9432
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STT GDC Philippines Building for the Future: Capacity Delivery Meets Market Engagement Hosted "Accelerate" sales enablement program for the partner (resellers) Led industry advocacy with DCPH on Data Sovereignty, Sustainability, Power, and Talent at the Asian Carriers Conference (ACC) Hosted an exclusive Data Center tour for the Financial Executives Institute of the Philippines (FINEX) ● Sponsored and joined Chamber of Thrift Banks Annual Conference ● Presented at a featured speaking engagement with the Ayala-FINEX Finance Summit ● Partnered with HGC and Eastern Communications to promote AMS-IX at the PHNOG Conference 81% 3Q25 capacity utilization from Existing Sites* * STT Makati, STT Quezon City, STT Cavite 1 and STT Davao 16 Docusign Envelope ID: E6F2DCD3-9208-46D7-8DDC-1F482DEF9432
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Leading the way for inclusion and innovation in PH finance MYNT UPDATES 8 10in 90% 78% from outside of Metro Manila are from SEC C2DE 55% 53% are 18-35 y.o.are female Filipinos have used GCash Available in MRT-3150M+ Merchants around the world Powered by *Currently available for Android devices only 17 Docusign Envelope ID: E6F2DCD3-9208-46D7-8DDC-1F482DEF9432
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Affordable Insurance MYNT UPDATES Scaling financial access with game-changing solutions Fair Lending for All Enabling Filipinos to Build Wealth GSave Users LTD 15.3M ▲30% YoY GFunds Users LTD 8.6M ▲22% YoY GStocks Users LTD 1.5M ▲76% YoY GCrypto Users LTD 4.4M ▲140% YoY Loans Disbursed LTD Php 323B ▲73% YoY Unique Borrowers 10.2M ▲47% YoY Policies Sold LTD 80.2M ▲126% YoY GInsure Users (AAU) 18.5M ▲66% YoY Study Now, Pay Later Up to 100% Tuition Coverage NEW & IMPROVED GStocks Fresh look for better experience RTB 31 in GBonds Easy access to secure gov’t bonds PasaHERO Protect Protection for public transpo accidents Limited Time Offer! 18 Docusign Envelope ID: E6F2DCD3-9208-46D7-8DDC-1F482DEF9432
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MYNT UPDATES Driving impact through digital empowerment Jumpstart and guide your child in their financial journey Parent-Led Registration GCash Pera Outlet Plus App PocketPay Virtual US Account GJobs Hired on the Spot Empowering small businesses to earn additional income Turn your phone into a POS that can accept card payments Receive US dollar payments directly in your GCash wallet Get instantly hired in a first-of-its-kind live hiring event 19 Docusign Envelope ID: E6F2DCD3-9208-46D7-8DDC-1F482DEF9432
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GStocks PH launches NEW IPO subscription feature MYNT UPDATES Pioneering financial innovations for inclusive growth Mastercard ASEAN Inclusive Growth Summit Held in Kuala Lumpur last Oct 24, 2025 Fuse highlighted the power of alternative credit scoring in empowering MSMEs Fuse is the 1st ASEAN Fintech to receive a grant from ADB & Mastercard’s Impact Fund The fund aims to catalyze lending toward MSMEs, with a focus on women-led MSMEs & climate finance Become a part-owner of a Philippine company with GStocks PH! Over 3M shares subscribed to by GStocks PH users 200%+ oversubscribed from original allocated shares 6K+ GStocks PH users participated in the 7-day sale 200% Easily invest in PH IPOs 20 Docusign Envelope ID: E6F2DCD3-9208-46D7-8DDC-1F482DEF9432
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Docusign Envelope ID: E6F2DCD3-9208-46D7-8DDC-1F482DEF9432
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Revenues post fastest sequential growth in 13 quarters, cementing this year’s momentum 9M 2024 9M 2025 YoY % 1Q 2025 2Q 2025 3Q 2025 QoQ % Gross Service Revenues 124,009 121,676 ▼ 2% 39,853 40,335 41,488 ▲ 3% OPEX and Subsidy (59,144) (57,491) ▼ 3% (19,091) (18,957) (19,443) ▲ 3% EBITDA 64,865 64,185 ▼ 1% 20,762 21,378 22,046 ▲ 3% EBITDA Margin 52.3% 52.8% 52.1% 53.0% 53.1% Depreciation (37,301) (39,982) ▲ 7% (13,441) (12,989) (13,552) ▲ 4% Network & Non-network Builds (30,952) (31,571) ▲ 2% (10,804) (10,153) (10,599) ▲ 4% Capitalized Leases (6,349) (8,411) ▲ 32% (2,637) (2,835) (2,953) ▲ 4% EBIT 27,563 24,204 ▼ 12% 7,321 8,389 8,494 ▲ 1% Non-Op Income (Charges) (2,165) (3,044) ▲ 41% 937 (1,916) (2,064) ▲ 8% Provision for Tax (4,843) (3,469) ▲ 28% (1,283) (1,011) (1,175) ▲ 16% Net Income 20,556 17,691 ▼ 14% 6,975 5,462 5,254 ▼ 4% Core Net Income 17,614 15,453 ▼ 12% 4,537 5,895 5,022 ▼ 15% Normalized Net Income 17,835 15,299 ▼ 15% 4,574 5,462 5,194 ▼ 5% 9M25 Financial Performance 22 2Q vs. 3Q Docusign Envelope ID: E6F2DCD3-9208-46D7-8DDC-1F482DEF9432
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9M25 Financial Performance EBITDA margin continues to exceed full-year guidance in Php Mn YoY in Php Mn QoQ 23 Docusign Envelope ID: E6F2DCD3-9208-46D7-8DDC-1F482DEF9432
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9M25 Financial Performance Maintaining a robust financial position, with sufficient liquidity and comfortable gearing levels 9M 2025 FY 2024 Cash (in Php Bn) 27.7 21.4 Gross Debt (in Php Bn) 253.5 249.5 Gross Debt to EBITDA (Max of 3.5:1) 2.69x 2.66x Net Debt to EBITDA 2.40x 2.43x Debt Service Coverage Ratio (Min of 1.3x) 3.74x 3.42x 24 Docusign Envelope ID: E6F2DCD3-9208-46D7-8DDC-1F482DEF9432
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Quarterly Dividends Reiterating commitment to sustainable and competitive returns, delivering value to shareholders 4Q25 Cash Dividends 25.0 PHP / sh PAYMENT DATE: 12/05/2025 RECORD DATE: 11/20/2025 25 Docusign Envelope ID: E6F2DCD3-9208-46D7-8DDC-1F482DEF9432
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2025 Consolidated Outlook Reiterating full-year guidance, as Globe continues to improve its financial position Revenues Low- to mid-single digit % growth EBITDA Margin ~50% Cash CAPEX Below USD 1.0 billion Free Cash Flow Positive by 2025 Globe is actively pursuing its goal of strengthening its financial position by improving free cash flow levels, while at the same time effectively optimizing investments in critical infrastructure 26 Docusign Envelope ID: E6F2DCD3-9208-46D7-8DDC-1F482DEF9432
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Docusign Envelope ID: E6F2DCD3-9208-46D7-8DDC-1F482DEF9432