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Docusign Envelope ID : 38A3CE4B - E554-8091-810F - B5A21CB139F2 O Globe 2Q / 1H 2026 Analysts ' Briefing August 10 , 2026 | The Globe Tower + Zoom
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2Q/1H26 FINANCIAL PERFORMANCE Notwithstanding external headwinds, Globe sustained growth momentum and achieved a record-breaking quarter Consolidated Gross Service Revenues • Record high revenues highlighting defensive nature of core business • Growing share of data-related services now contributing 91% of topline EBITDA Core NIAT • EBITDA margin healthy at 53%, notwithstanding macroeconomic headwinds • Topline growth offsetting OPEX movements • Higher quarterly EBITDA offsetting non-op charges • QoQ increase also fueled by growing equity income from associates • Core NIAT slightly lower YoY on higher interest expense 3Q26 Cash Dividend of Php25/sh Payment Date: 09/03/26 Record Date: 08/18/26 Mynt contributed to 28% of Globe’s 1H26 NIBT On track to hit projected total capacity of over 30MW by year-end Globe Updates 1Q26 2Q26 1H261H25 42.0 43.4 80.2 85.4 ▲ 3% ▲ 6% 1Q26 2Q26 1H261H25 22.2 22.7 42.1 44.9 ▲ 2% ▲ 6% 1Q26 2Q26 1H261H25 4.9 5.3 10.4 10.2▲ 7% ▼ 2% ALL-TIME HIGH! Docusign Envelope ID: 38A3CE4B-E554-8091-810F-B5A21CB139F2
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Total 1H26 Mobile Revenues 60.4bn php Mobile Data 53.9bn php Mobile subscribers 67.7million ▲ 8% YoY | ▲ 2% QoQ 39.6 million Mobile data users ▲ 5% YoY | ▲ 1% QoQ 3,723 pb Mobile data traffic ▲ 17% YoY | ▲ 6% QoQ 17 gb Mobile data monthly ATPU ▲ 12% YoY | ▲5% QoQ MOBILE BUSINESS ▲ 6% YoY ▲10% YoY | ▲1% QoQ Mobile data accounted for 89% of total segment revenues, on essential usage, deeper habituation, and a growing base 2Q262Q25 3Q25 4Q25 1Q26 ▲ 2% QoQ to Php30.4bn Docusign Envelope ID: 38A3CE4B-E554-8091-810F-B5A21CB139F2
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Average Daily Top-ups and Traffic • Mobile top-ups and traffic remained elevated throughout the first half of 2026, reinforcing connectivity as the fifth utility 45%▲ 23%▲ 5G ATPU 5G Mobile Traffic • 5G usage continues to grow, alongside improving device availability and affordability • 5G ARPU generating an average of 10% higher ARPU compared to non-5G users Promising 5G momentum MOBILE BUSINESS Usage remained stable despite periods of economic drag, with 5G adoption accelerating Jun Dec2025 2026 Jun-26 vs. Dec-25 MoM MoM Top-ups Traffic Mar Sep Docusign Envelope ID: 38A3CE4B-E554-8091-810F-B5A21CB139F2
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Fixed Wireless Wired Total Home Broadband Subscribers (in Mn) 0.3 2.1 2.4 YoY Change in Subs ▼ 20% ▲ 32% ▲ 21% YoY Change in Revenues ▼ 22% ▲ 8% ▲ 6% Total 1H26 Broadband Revenues 12.4bn php ▲ 6% YoY Fiber’s share of 1H26 Broadband revenues 93% Total Fiber Revenues 9% Total Fiber Subscribers 33% ▲ ▲ BROADBAND BUSINESS Broadband revenue growth extended to a fifth straight quarter, on sustained operating momentum YoY YoY 2Q262Q25 3Q25 4Q25 1Q26 ▲ 1% QoQ to Php6.3bn Docusign Envelope ID: 38A3CE4B-E554-8091-810F-B5A21CB139F2
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Precision execution fuels GFiber Prepaid’s rapid growth, with total subscribers hitting 1.1 million GFP Subscribers 1.1 ▲ 14% QoQ Subscribers Scaling Sustainably Globe’s strategy delivers rapid growth while ensuring high long-term customer value, without sacrificing sustainable profitability Leveraging Global Partnerships for ValueAdd i.e. Singlife, Grab Play on Speed and Value i.e. Free 30 days, 3x Speed same SKU, WFH Savings Just For You Topups i.e. P100 off BROADBAND BUSINESS mn Docusign Envelope ID: 38A3CE4B-E554-8091-810F-B5A21CB139F2
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11.0 Total 1H26 Corporate Data Revenues bn php Core Accounts 9% ICT-related Services 22%▲ YoY YoY Growth was led by both traditional core connectivity and ICT-related services CORPORATE DATA BUSINESS Demand for core connectivity and ICT-related services continued to push Corporate Data revenues higher ▲ 15% YoY 2Q262Q25 3Q25 4Q25 1Q26 ▲ 15% QoQ to Php5.9bn ▲ ALL-TIME HIGH! Docusign Envelope ID: 38A3CE4B-E554-8091-810F-B5A21CB139F2
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Total 1H26 Non-Telco Revenues 0.8bn php ▼ 25% YoY | ▲ 37% QoQ Softer non-telco revenues primarily due to the deconsolidation of the Yondu Group, partly offset by strong showing from Asticom Total 1H26 Equity Share in Affiliates 4.0bn php = YoY | ▼ 3% QoQ Mynt contributed 28% of Globe’s 1H26 NIBT, with affiliates’ total contribution at 31% NON-TELCO BUSINESS Core-adjacent businesses sustained significant contribution, unlocking greater value within the Globe ecosystem Docusign Envelope ID: 38A3CE4B-E554-8091-810F-B5A21CB139F2
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26.3bn php Capital Expenditures ● Targeted investments in network expansion and capacity enhancements ● Consistent with Globe’s disciplined capital allocation strategy and FY guidance of below 1.0Bn USD ▲ 39% YoY CAPEX (in Php Bn) 61% 64% 44% 34% 28% 31% CAPEX-to-Revenue Ratio CAPITAL EXPENDITURES CAPEX at Php26.3 billion, higher YoY as Globe continued to pursue strategic investment opportunities 93 101 71 56 46 26 Docusign Envelope ID: 38A3CE4B-E554-8091-810F-B5A21CB139F2
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Spending allocated to data-related initiatives, underscoring investment in digital capacity expansion & network quality 878 80,052 Business Support, 6% Others, 2% Data, 91% Core, 1% CAPITAL EXPENDITURES 5G sites installed FTTH lines deployed Docusign Envelope ID: 38A3CE4B-E554-8091-810F-B5A21CB139F2
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NETWORK UPDATES Globe recognized as the Philippines’ most consistent mobile and fixed network; and the widest 5G coverage in the PH Based on Ookla®1 Speedtest Intelligence® data for Q1–Q2 2026, Globe has been recognized as the Most Consistent Mobile and Fixed Network in the Philippines and The Widest 5G Coverage in the Philippines. 1Disclaimer: Based on Ookla® Speedtest Intelligence® data, 1H 2026. All rights reserved. Docusign Envelope ID: 38A3CE4B-E554-8091-810F-B5A21CB139F2
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ESG UPDATES Driving nationwide digital inclusion by completing 100% of awarded GIDA sites under DICT’s Bayanihan SIM Project Connected 180 Geographically Isolated and Disadvantaged Areas (GIDA) sites nationwide Docusign Envelope ID: 38A3CE4B-E554-8091-810F-B5A21CB139F2
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ESG UPDATES Scaling green transition, AI adoption, employee upskilling and social impact while sustaining ESG leadership SOCIAL ENVIRONMENT AMBITION NET ZERO Reach net-zero greenhouse gas emissions across the value chain by 2050 as approved by the Science Based Target initiative (SBTi) Photo: First Gen’s Mt. Apo Geothermal Power Plant Established a partnership agreement with the First Gen Group to supply electricity from renewable energy sources to power key facilities in Mindanao and Caloocan City Transitioned approximately 700 sites to renewable energy through the Retail Aggregation Program (RAP) ONLINE SAFETY Block spam and scam messages, and URLs and domains containing Child Sexual Abuse or Exploitation Materials AI EMPLOYEE UPSKILLING Develop an AI-native workforce by equipping every employee with AI capabilities and growing Advanced Builders to accelerate enterprise AI transformation PROGRESS Reached over 1,800 for the Digital Thumbprint Program Conducted a technical deep dive session to equip NTC, CICC, PNP-CIDG, and NBI with the skills needed to operationalize IMSI Catcher Detectors COMMUNITY ENGAGEMENT Empower Communities Towards Sustainable Development Distributed more than 4,000 relief packs to communities affected by volcanic unrest of Mayon and earthquakes in Mindanao Deployed satellite-to-mobile service through Starlink in South Cotabato, Sultan Kudarat, and Sarangani following the magnitude 7.8 earthquake Launched persona-based AI learning pathways (Explorer, Builder, Developer) to progressively build AI capabilities from foundational AI literacy to advanced AI solution development, and developed the PLAI:Books microsite as a centralized platform for AI initiatives and reusable solutions. Integrated practical AI application into the KPIs of all employees, reinforcing AI as a core workplace capability and delivered targeted enablement programs, including Design Thinking workshops, tool consultations, and hands-on technical workshops Docusign Envelope ID: 38A3CE4B-E554-8091-810F-B5A21CB139F2
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ESG UPDATES Scaling green transition, AI adoption, employee upskilling and social impact while sustaining ESG leadership Globe achieves ISO 27001:2022 Certification Information Security Management System 🏆 Fortune Southeast Asia 500 3rd consecutive year 🏆 TIME World's Most Sustainable Companies 2026 2nd consecutive year 🏆 CDP Supplier Engagement Leader (A Rating) 3rd consecutive year 🏆 2026 Consumer Choice Awards Standard Insights Docusign Envelope ID: 38A3CE4B-E554-8091-810F-B5A21CB139F2
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STT GDC Philippines Innovation and AI-Readiness with Sustainable, Advanced Infrastructure STT Fairview 1 ✓ Level 1 Data Halls completed (Sold Out) ✓ Ongoing commissioning of Level 2 Data Halls ✓ Ongoing design of Level 3 and Level 4 Data Halls STT Cavite 2 ✓ Phase 1 RFS with on-going customer deployments ✓ Ongoing design for Phase 2 Projected total capacity across sites at 30+MW by EOY Meeting Global Demands to Power the Digital Economy Building Sustainable Infrastructure for the Future ● STT GDC Philippines is a distinct, independently operating company committed to responsible digital infrastructure ● Facilities are powered by 100% renewable energy sourced through dedicated commercial channels that are separate from residential electricity supplies. Water consumption is also limited through closed-loop water recycling systems ● Infrastructure aligns with national efforts like Executive Order No. 119, which in turn generate high-value technical and operational jobs, contributing directly to the local digital economy Docusign Envelope ID: 38A3CE4B-E554-8091-810F-B5A21CB139F2
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STT GDC Philippines Innovation and AI-Readiness with Sustainable, Advanced Infrastructure Enabling Philippine organizations to be AI-Ready Mind the Gap Media Briefing — April 22 • Philippines ●Beyond providing the infrastructure, STT GDC Philippines is committed to accelerate the local market understanding to adopt AI in their businesses ●A key insight shared with business leaders highlighted that talent availability and infrastructure readiness are key gaps for businesses to realize their AI ambitions ●Costs come secondary as businesses prioritize compliance in line with sovereignty regulations, effectively shaping where and how AI models are deployed Docusign Envelope ID: 38A3CE4B-E554-8091-810F-B5A21CB139F2
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STT GDC Philippines Innovation and AI-Readiness with Sustainable, Advanced Infrastructure Globally Recognized as an AI-Ready infrastructure COMPUTEX 2026 — June 2-5 • Taiwan ●Met industry leaders, global innovators and technology partners, yielding rich discussions in line with the future of AI ●Engaged with businesses looking to expand into the Southeast Asian region for their AI workloads, spotlighting Philippines as a strong market to consider ●Our global partners are proud to be recognized as one of the key infrastructure partners part of the NVIDIA Ecosystem Docusign Envelope ID: 38A3CE4B-E554-8091-810F-B5A21CB139F2
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MYNT UPDATES Leading with meaningful and exciting innovations Notes: 1. Based on SensorTower Monthly Active Users for Philippine Finance Apps (as of June 2026) 2. GCash Commute QR is also available in MRT-3 Finance Superapp in the Philippines[1] Mynt is the only PH company named in CNBC World’s Top Fintech Companies 2026 1# NEW WAYS TO PAY | COMMUTE QR Experience first world commutes — now in LRT-2![2] NEW WAYS TO DELIGHT | BTS CARD Exclusive BTS GCash Visa Card and raffle promo Docusign Envelope ID: 38A3CE4B-E554-8091-810F-B5A21CB139F2
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MYNT UPDATES Creating more opportunities through financial inclusion Policies Sold LTD 255.0M ▲303% YoY GInsure Users (AAU) 21.8M ▲30% YoY Affordable Insurance GSave Users LTD 17.9M ▲24% YoY GFunds Users LTD 9.2M ▲11% YoY GStocks Users LTD 2.0M ▲47% YoY GCrypto Users LTD 5.2M ▲50% YoY Enabling Filipinos to Build Wealth Loans Disbursed LTD Php 451B ▲57% YoY Fair Lending for All Unique Borrowers 11.5M ▲21% YoY FUSE x SEC SigningNEW! Partnering to launch a nationwide financial literacy campaign GCash Story Film Featuring a former legal aide who fulfilled her lifelong dream of becoming a lawyer, with GLoan NEW! Docusign Envelope ID: 38A3CE4B-E554-8091-810F-B5A21CB139F2
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MYNT UPDATES Strengthening the digital economy through partnerships Strategic MOA Signings Strengthening ties for GCash’s int’l expansion & digital transformation During the PH State Visit to Japan Official Partner of ASEAN 2026 Highlighting cashless convenience, financial inclusion, and innovation Amid the Philippine Chairmanship iGnite Innovation Summit 2026. Driving the future of tech with industry visionaries and local & global partners Celebrating its 5th yearN Victorias & Ormoc CITYzens ID Expanding citizen card initiatives to advance digital gov’t services Powered by GCash Docusign Envelope ID: 38A3CE4B-E554-8091-810F-B5A21CB139F2
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Financial Highlights Docusign Envelope ID: 38A3CE4B-E554-8091-810F-B5A21CB139F2
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1H 2026 1H 2025 YoY % Gross Service Revenues 85,367 80,188 ▲ 6% OPEX and Subsidy¹ (40,492) (38,048) ▲ 6% EBITDA 44,875 42,140 ▲ 6% EBITDA Margin 52.6% 52.6% Depreciation (28,665) (26,430) ▲ 8% Network & Non-network Builds (22,359) (20,958) ▲ 7% Capitalized Leases (6,306) (5,543) ▲ 14% EBIT 16,210 15,710 ▲ 3% Non-Op Income (Charges) (3,069) (980) ▲ 213% Provision for Tax (2,102) (2,293) ▼ 8% Net Income 11,039 12,437 ▼ 11% Core Net Income 10,188 10,431 ▼ 2% 2Q 2026 1Q 2026 QoQ % 43,402 41,965 ▲ 3% (20,701) (19,791) ▲ 5% 22,701 22,174 ▲ 2% 52.3% 52.8% (14,304) (14,361) = (11,203) (11,156) = (3,101) (3,205) ▼ 3% 8,397 7,813 ▲ 7% (1,783) (1,286) ▲ 39% (1,129) (973) ▲ 16% 5,485 5,554 ▼ 1% 5,256 4,932 ▲ 7% 2Q/1H26 FINANCIAL PERFORMANCE Record quarterly figures allowed for QoQ core NIAT growth; YoY momentum slowed by higher interest expense Docusign Envelope ID: 38A3CE4B-E554-8091-810F-B5A21CB139F2
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2Q/1H26 FINANCIAL PERFORMANCE YoY in Php Millions QoQ in Php Millions Topline growth more than offset higher OPEX, lifting EBITDA both YoY and QoQ ▲ 6% YoY ▲ 2% QoQ Docusign Envelope ID: 38A3CE4B-E554-8091-810F-B5A21CB139F2
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2Q 2026 FY 2025 Cash (in Php Bn) 19.7 25.0 Gross Debt (in Php Bn) 261.7 256.3 Gross Debt to EBITDA (Max of 3.5:1) 2.68x 2.63x Net Debt to EBITDA 2.48x 2.38x DSCR (Min of 1.3x) 3.94x 3.20x CAPITAL ALLOCATION Continue to provide consistent and sustainable returns to shareholders, enabled by robust balance sheet 25.0 3Q26 Quarterly Dividends /sh php Record date: 08/18/26 Payment date: 09/03/26 Docusign Envelope ID: 38A3CE4B-E554-8091-810F-B5A21CB139F2
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FY 2026 CONSOLIDATED OUTLOOK Revenues EBITDA Margin CAPEX Low- to mid-single digit % growth ~50% Below USD 1.0 billion Other Considerations Geopolitical headwinds Middle East crisis remains a downside risk; rising inflation and tighter household budgets could put pressure on Globe’s performance Full-year consolidated outlook holding steady following record-breaking results Docusign Envelope ID: 38A3CE4B-E554-8091-810F-B5A21CB139F2
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Thank you! Docusign Envelope ID: 38A3CE4B-E554-8091-810F-B5A21CB139F2