Slides
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9M2025 Analysts Briefing 1 Presentations Page (IR website)
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Financial Highlights 9M25 9M24 Change % Change Service Revenues [net of interconnection costs] 145.9bn 144.9bn +1.0bn +1% Cash Opex, Subsidies, Provisions (ex-MRP) 63.1bn 64.2bn -1.1bn -2% EBITDA (ex-MRP) 82.8bn 52% margin 80.7bn 52% margin +2.1bn +3% Depreciation & Amortization 39.2bn 37.3bn +1.9bn +5% EBIT 43.6bn 43.4bn +0.3bn +1% Net Financing Costs 12.9bn 10.3bn +2.6bn +26% Telco Core Income 25.3bn 26.6bn -1.3bn -5% Share in Maya Innovations Holdings (MIH)/Bank Hold Co Core Income 0.6bn -0.9bn +1.5bn Core Income 25.8bn 25.8bn -- -- Gross Service Revenues ₱158.9bn 3% +3.9bn 29M2025 Analysts Briefing 9M Core stability buoyed by EBITDA resiliency and Maya gains Php in billion Key Highlights • Stable 9M performance supported by higher data and ICT revenues. Enterprise back in growth mode in 3Q25 • EBITDA growth sustained, reflecting disciplined cost management • Maya profitability sustained, contributing ₱603m to PLDT’s core earnings
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(1) Net of interconnection costs (2) Previously named Individual (3) Incl Fixed Wireless Access (4) percentage of segment revenues (5) Incl A2P 9M2025 Analysts Briefing 3 145.9bn 9M25 Service Revenues (1) +1.0bn -0.3bn Wireless Consumer (2) ₱63.2bn Total Home ₱45.7bn Total Enterprise ₱35.6bn Total +0.7bn ₱57.3bn Mobile Data & FWA(3) 91% +2.8bn ₱44.5bn Fiber ₱26.7bn Corp Data/ICT(5) -₱1.0bn SMS, Voice, and Others -₱1.2bn Non-Fiber (Data and Voice) -₱0.6bn SMS, Voice, and Others Excluding Legacy 131.3bn + 3% Consolidated Service Revenues – 9M Growth engines fueling revenue uplift, outpacing Legacy drags +1.6bn -0.1bn 7% Drags From Legacy Services 97% 75% 4% (4) (4) (4) 90% of total revenues 1% 1% 2% +0.5bn 43% 31% 25% Revenue Mix Wireless Consumer Home Enterprise International
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43% 31% 25% Revenue Mix Wireless Consumer Home Enterprise International (1) Net of interconnection costs (2) Previously named Individual (3) Incl Fixed Wireless Access (4) percentage of segment revenues (5) Incl A2P 9M2025 Analysts Briefing 4 48.8bn 3Q25 Service Revenues (1) +0.8bn Wireless Consumer (2) ₱20.9bn Total Home ₱15.3bn Total Enterprise ₱12.1bn Total +0.5bn ₱19.0bn Mobile Data & FWA(3) 91% +0.8bn ₱14.9bn Fiber ₱9.2bn Corp Data/ICT(5) -₱0.3bn SMS, Voice, and Others -₱0.4bn Non-Fiber (Data and Voice) -₱0.3bn SMS, Voice, and Others Excluding Legacy 44.2bn + 4% Consolidated Service Revenues – 3Q25 vs 3Q24 Broad-based 3Q growth across all segments, led by data and ICT momentum +0.4bn 6% Drags From Legacy Services 98% 76% 3% (4) (4) (4) 91% of total revenues 3% 2% 5% +0.4bn +0.3bn 1% +0.2bn 2%
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13.7 13.9 14.1 14.4 14.7 14.8 14.9 1Q24 2Q24 3Q24 4Q24 1Q25 2Q25 3Q25 Fiber Other 9M2025 Analysts Briefing 5 % of new accts that opt for higher value plans Total Home FTTH ARPU Fiber Net Adds >80% ₱1,446 265k net 3Q25 churn rate Sustained Home Fiber Growth Connecting Filipino households through tailored bundles and flexible pricing options Total Home ₱45.7bn 9M25 +1.6bn 4% VS 9M24 Total Fiber ₱44.5bn 9M25 7% +2.8bn VS 9M24 97% of total Home 9M2025 +67% vs 9M24 3Q2025 1.90% FY24: ₱56.0bn Qtr ave: ₱14.0bn Fiber Plans ₱1,299 and up3Q2025 15.214.6 14.6 14.9 15.2 15.2 ₱1,470 9M2025 9M24: ₱1,484 2Q25: ₱1,470 3Q24: ₱1,488 9M25 churn rate 1.92% Fiber-led growth driven by quality subscriber additions Sustained leadership in ARPU and Churn • Industry leading ARPU at ₱1,470, supported by value-driven bundled offerings (video + gaming) • Stable churn rates reflective of consistent network quality and strong brand equity Expanding reach by pioneering Air Fiber and Laser Internet innovation • YTD Fiber net-adds up 67% YoY to 265k, Total subscriber base up 8% YoY and 3% QoQ. • Prepaid Fiber selectively rolled out in target growth markets to reach quality subscribers. Prepaid sub count up 15x times since end 2024 • Fiber port utilization now at 58% amid ongoing network rollouts • First commercial deployment in the Philippines • Delivers 20 Gbps capacity to hard-to-reach areas delivering fiber-like speeds at lower cost 9M25: ₱44.5bn Qtr ave: ₱14.8bn Fiber Php in billion 15.3
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9M ICT revenues up 27% YoY • Managed IT Services +115% • Data Center Colocation +25% • Cybersecurity Services +12% 3Q ICT revenues up 51% YoY & 40% QoQ 8.7 8.7 8.8 9.1 8.8 8.6 9.2 1Q24 2Q24 3Q24 4Q24 1Q25 2Q25 3Q25 Corp Data/ICT Other (1) Includes A2P 9M2025 Analysts Briefing 6 ICT growth accelerates Leading the charge in the country’s AI, data infra, and digital trust ecosystem Winning back Growth: Enterprise Driving shift to ICT Stronger 3Q delivery, new wins, and Pilipinas AI signal recovery and momentum Total Enterprise ₱35.6bn 9M25 VS 9M24 Total Corp Data & ICT (1) ₱26.7bn 9M25 75% FY24: ₱48.0bn Qtr ave: ₱12.0bn of total Enterprise Fiber Lines [9M 2025] SD-WAN lines [9M 2025] 11% VS 9M24 13% VS 9M24 Enterprise back on growth track, with government projects coming through 12.0 11.8 11.9 12.3 11.9 11.6 9M25: ₱35.6bn Qtr ave: ₱11.9bn • PLDT is the clear leader with the largest data center footprint and most advanced tech • Pilipinas AI, the country’s first sovereign AI platform, enables next-gen enterprise solutions. • SmartSafe, PH’s first GSMA-certified API suite enabling faster and safer digital transactions. Php in billion 2% +0.5bn VS 9M24 12.1 • Revenues +5% QoQ, reversing early-year softness w/ delayed projects underway (e.g. nationwide 911 system win) • Corp Data and ICT revenues up +7% QoQ -0.1bn Data Center racks [9M 2025] 16% VS 9M24
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19.3 18.8 18.5 19.7 19.3 19.0 19.0 1Q24 2Q24 3Q24 4Q24 1Q25 2Q25 3Q25 Mobile Data and Fixed Wireless Other 21.321.6 21.2 20.7 21.9 20.9 20.9 9M2025 Analysts Briefing 7 Total Active Data Users(2) [end September 2025] 5G Individual Devices Total Data Traffic (2) 42.4mn 4,393PB 6% VS 9M24 4,127PB Sustained Mobile Resilience, Supported by data traffic growth • Hyper-targeting stabilized ARPUs in a competitive pre-paid market; • Smart Prepaid 3Q ARPU up 5% YoY • TNT 3Q ARPU up 3% YoY • Smarter targeting and offer optimization also reduced marketing spend Expanding 5G adoption and next- gen experiences • 5G device up 39% while traffic up +96% YoY, driving higher usage • Pluggable eSIMs enhance user experience and device compatibility Fixed Wireless Access (FWA) sustains momentum, +18% YoY • Smart leads market in FWA by revenue share driven by 5G routers, complementing PLDT Home in areas where fiber rollout is limited Resilient Mobile Growth powered by 5G and CVM Disciplined monetization, smarter segmentation, and new 5G-led broadband solutions Total Wireless Consumer (1) ₱63.2bn 9M25 -0.3bn VS 9M24 Total Data Revenues (2) ₱57.3bn 9M25 +0.7bn VS 9M24 91% FY24: ₱85.4bn Qtr ave: ₱21.3bn of total Wireless Consumer 9M2025 9M24 9M25 5G 7.5mn 10.5mn % devices 13% 18% 9M25: ₱63.2bn Qtr ave: ₱21.1bn Php in billion 1% (1) Previously named “Individual” (2) Includes Mobile data and FWA vs end 2024: 41.0mn vs end September 2024: 40.9mn
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9M25 9M24 Change % Change Repairs and Maintenance 23.6bn 22.7bn +0.9bn +4% Compensation and Benefits [ex MRP] 16.1bn 17.4bn -1.3bn -7% Professional and Other Service Fees 5.3bn 5.6bn -0.3bn -6% Selling and Promotions 3.5bn 4.2bn -0.8bn -18% Provisions 2.9bn 3.0bn -0.2bn -5% Cost of Contract-specific Services 3.5bn 2.8bn +0.7bn +25% Subsidy(1) 0.9bn 1.3bn -0.3bn -25% Others 7.3bn 7.1bn +0.2bn +3% Total Cash Expenses, Subsidy, and Provisions 63.1bn 64.2bn -1.1bn -2% Operating Expenses (1) Cost of devices and accessories less non-service revenues 9M2025 Analysts Briefing 8 Continued cost optimization
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27.3 26.6 26.8 27.8 27.9 27.7 27.3 20 22 24 26 28 30 1Q24 2Q24 3Q24 4Q24 1Q25 2Q25 3Q25 52% 9M2025 Analysts Briefing 9 Margin +2.1bn YoY Consolidated EBITDA (1) Stable EBITDA performance reflective of cost efficiency efforts ₱82.8bn EBITDA Growth 3% VS 9M24 ₱1.0bn Rise in Revenues ₱1.1bn (Php in bn) 52% 52% 52% 1Q25 2Q25 3Q25 EBITDA Margins FY24: ₱108.5bn EBITDA 9M25 Decline in Costs (1) Ex-MRP 9M25: ₱82.8bn VS 3Q24 +2% 52%FY24
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9M2025 Analysts Briefing 10 Telco Core & Reported Income Core stability anchored by cost discipline and sustained Maya contribution Reported Income Growth -11% -3.0bn Telco Core Growth -5% -1.3bn 9M25 9M24 9M25 vs 9M24 Telco Core Income 25.3bn 26.6bn -1.3bn Share in Maya Innovations Holdings (MIH)/Bank Hold Co Core Income +0.6bn -0.9bn +1.5bn [1] Others -0.04bn +0.15bn -0.19bn Core Income 25.8bn 25.8bn -- Accelerated depreciation -2.6bn -- -2.6bn [2] Forex, Derivatives, Others +1.9bn +3.6bn -1.7bn Gain from sale and leaseback of towers (net of related opex) +0.9bn +0.9bn -- MRP -1.1bn -1.4bn +0.3bn Tax Effect +0.2bn -0.7bn +0.9bn Reported Income 25.1bn 28.1bn -3.0bn Key Insights Sustained Maya profitability 01 Equity share in Maya’s core income at ₱603m. Stable Core Income 02 Accelerated depreciation Reflects one-time, non- cash charges tied to network modernization and the retirement of legacy assets. These align our infra with cloud native and 5G ready systems.
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(1) Service revenues, gross of interconnection costs 9M2025 Analysts Briefing 11 Consolidated Capex Continued CapEx Discipline Capex Intensity (Capex/Svc Rev (1) ) 9M2025 capex stood at P43.0bn Guidance for 2025: ≈₱60bn (originally ₱68-73bn) Total Capex (2015-2024) Investments ▪ Reduced Capex guidance due to favorable negotiated prices and terms ▪ Cont’d Momentum on network roll out • New cell sites + LTE/5G upgrade • Home fiber ports • Increased focus on AI • AI-Ready Data Center • Submarine cable investments • Upgrades and modernization of network and IT to improve QOS We aim to steadily reduce capex and capex intensity to drive positive FCF ₱678.7bn Last 10 Years ₱257.7bn 2015 to 2019 ₱421.0bn 2020 to 2024 74.2 66.9 2023 2024 Others Business Network/IT/ DC 42% 38% ₱19.2bn ₱30.3bn (Php in bn) 85.1 78.2 42.6 29.6 9M24 9M25 34% 27% ₱28.4bn ₱39.8bn 52.3 43.0 ▪ Completions expected in Q4’25, with no material delays into next year EBITDA (exMRP) less Capex
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(1) Php in billion (2) LTM (last twelve months), ex-MRP (3) Total debt based on nominal debt amount (4) Php in billion, as of end Sep 2025 September 2025 Debt Slide 12 Debt Profile Proactive Debt Management Debt Balance (1) ₱289.0bn Net Debt 2.61x Net Debt-to-EBITDA(2) 2.52x 2.57x 2.61xNet Debt/EBITDA Debt Maturities [gross] (4) ₱ 299.4bn Gross Debt Debt maturities to total debt PLDT investment grade at S&P Global (BBB), Moody’s (Baa2) Major cash flow as of Sep 2025 • ₱1.1bn from tower sales (89 towers) • ₱20.5bn total cash dividend payment to common shareholders (2024 final + 2025 interim) PLDT achieved positive Free Cash Flows as of Sept 2025 Guidance: Work towards 2.0x Net Debt/EBITDA Debt Maturities and Risk Management • 60% matures post 2030 • US$ denominated debt: 13% • Unhedged: 5% of total debt, $0.25bn • Avg. Interest cost (pre-tax): 5.49% (YE2024: 5.08%) • Interest Coverage Ratio at 3.37:1.0 • 34% fixed-rate loans, 66% floating • Avg. debt maturity: 6.54 years 283.6 293.8 299.4 10.6 11.2 10.4 273.0 282.6 289.0 2024 Jun-25 Sep-25 Debt Balance (3) Cash, STI and Debt Instruments Net Debt 6.2 16.3 27.8 21.6 26.6 25.0 175.9 2025 2026 2027 2028 2029 2030 2031 to 2050 2% 5% 9% 7% 9% 8% 60%
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More Consumers More Products Deeper Insights More Transactions More Products More Merchants Deeper Insights Payment. Savings. Lending All-in-one Consumers Businesses A Comprehensive Ecosystem with Strong Network Effects More Transactions
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Note: (1) By deposit balance and bank customers; (2) Bank Customers who have opened either bank account or loan account with Maya as of end Sep-25 data; No. of borrowers refers to users who have opened a loan account with Maya Bank since inception and as of end Sep-25; (3) As of 3Q’25, based on number of transactions; (4) Loans Disbursed Cumulative Life-to-date including loan channeling to other partners 3Q25 Highlights Maya: #1 Fintech Ecosystem #1 Digital Bank(1) 9.0mm Bank Customers (+98% YoY)(2) 2.4mm Borrowers (+81% YoY)(2) Largest Market Share in Card Acquiring(3) Php57B Deposit Balance (+59% YoY) Php187B Loans Disbursed LTD as of Sep-25 (4) Php532M Net Income in 3Q25 #1 Merchant Acquirer 14
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Maya Bank Continues to Bring People into Formal Banking Maya is the Digital Bank of Choice for Young customers across the Country Total Bank Customers in Millions Maya Has Provided Credit Access to Many First-time Borrowers Total Borrowers in Millions *Source: Transunion. Defined as borrowers who only have tradeline/s with Maya and no other lending institutions. As of Q2 2025. 2022, 23, 24 and 9M 25 1.5 3.1 5.4 9.0 Dec-22 Dec-23 Dec-24 Sep-25 0.2 0.8 1.6 2.4 Dec-22 Dec-23 Dec-24 Sep-25 84% Millennials + GenZ 76% outside Metro Manila >50% First time Borrower*
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22 68 20 36 2023 2024 3Q24 3Q25 #1 Digital Bank Dominating Loans and Deposits 24.8 39.3 56.7 Dec-23 Dec-24 Sep-25 Best Digital Bank in PH for 3 Straight Years ABF's Retail Banking Awards, Global Retail Banking Innovation Awards, Word's Best Consumer Digital Bank Awards, Forbes' World's Best Banks, Financial Times' The Banker 16 Php187B Total Loan Disbursed since 2022 +54% YoY 3 17 27 12% 42% 48% Dec-23 Dec-24 Sep-25 +79% YoY 6.3% 3.5% 6.3% Gross NPL Ratio % NIM for 2023 and 2024 based on annual numbers, Sep-25 NIM based on YTD 7.2% 13.9% 18.9% 2023 2024 9M25 Deposit Balance (Php B) Loan Disbursed (Php B) Loan Balance (Php B) Net Interest Margin (%) LDR %
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Continuously Expanding Fintech Ecosystem 17 Maya Black Powering Surge in First-Time Credit Card Users Broadening Access to Consumers Tiered Personal Goals to Reward Financial Behavior Innovative product proposition incentivizing customers to inculcate saving habits Easy Loan Launch Partnership with Cebuana Lhuillier 3,500+ branches nationwide 25,000 authorized agents Over 30m customers c.40% Maya Black cardholders are first-time credit users
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18 Sustainability Highlights As of 2025, PLDT received an MSCI ESG Rating of BBB As of 31 October 2025 PLDT S&P Global Corporate Sustainability Assessment (CSA) 2025 score: 77 ▪ Higher than 72 in 2024 PLDT received 4-Golden Arrow Award at the 2025 Institute of Corporate Directors’ Golden Arrow Awards ▪ Improvement from 3-Golden Arrow award in prior years More details of other initiatives can be found in the Sustainability section of the presentation PLDT achieves ‘BBB’ rating from MSCI ESG ▪ Upgrade from ‘BB’ in 2024 PLDT maintains “Leader status”, ranked #2 overall* and #1 telco in the World* from the Global Child Forum State of Children’s Rights and Business: Benchmark Report 2025 ▪ Retains 9.9/10 score *Tied with Swedish peer Tele2 Progress in PLDT sustainability performance manifested in ESG ratings improvements
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19 Sustainability Highlights PLDT/Smart showcase homegrown solution at the UN Global Compact Leaders’ Summit event during Climate Week in NYC ▪ Philippines is one of 15 countries featured during the Sustainable Development Goals Innovation Pitch session PLDT/Smart featured in the Philippine 2025 Voluntary National Review presented in NYC (July 2025) • PLDT/Smart one of 3 from the private sector in the report • VNR (prepared by DepDev/NEDA) reports the country’s progress on the Sustainable Development Goals More details of other initiatives can be found in the Sustainability section of the presentation Joining global conversations and aligning with best practices Sep. 23, 2025 Cover of the 2025 VNR Philippines Aug. 29, 2025 PLDT/Smart reinforce biodiversity conservation across value chain Awareness and Policy Cascade Workshop with network tier-1 suppliers and 10 of the country’s registered Independent Tower Companies Smart secures 10-yr ₱2 Bn green loan ▪ Proceeds to help accelerate 5G rollout nationwide ✓ More energy efficient per gigabyte of data ✓ More reliable in delivering better speeds to end-users
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Thank you!
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3Q2025 Sustainability Highlights
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Ratings and Recognitions PLDT S&P Global CSA score hits new high ➢ PLDT scored 77 in the 2025 S&P Global Corporate Sustainability Assessment (CSA) - an improvement from 72 in 2024 ➢ Higher score was driven by: ▪ Strong anti-corruption program, including policy on gifts, and whistleblowing mechanism ▪ Biodiversity policy and programs ▪ e-waste program ▪ Human rights due diligence reporting As of 31 October 2025 PLDT keeps GCF “Leader” status: world #2 ➢ Maintained “Leader” status, ranked #2 overall*, and #1 telco in the world* in the 2025 Global Child Forum’s (GCF) Corporate Sector and Children’s Rights Benchmark ▪ PLDT’s 9.9/10 score: higher than sector ave. (6.5), regional ave. (4.7), ave. for all companies (5.0) ➢ Scored 10/10 in 24 out of 25 indicators:
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April Rhea PLDT received 4-Golden Arrow Award at the 2025 Institute of Corporate Directors’ (ICD) Golden Arrow Awards Ceremony ➢ Improvement from 3-Golden Arrow award in prior years ➢ ASEAN Corporate Governance Scorecard ▪ Assesses and ranks publicly listed companies in six participating ASEAN countries: the Philippines, Indonesia, Malaysia, Singapore, Thailand, and Vietnam ▪ Areas evaluated: o Rights of shareholders o Equitable treatment of shareholderes o Role of stakeholders o Disclosure and transparency o Reponsibilities of the board o Sustainability and resilience MSCI ESG Ratings: Upgrade to “BBB” from “BB” ➢ PLDT outperformed industry peer averages on: ▪ Data security practices o Board oversight for privacy and data security o Comprehensive policy on data protection o Robust measures to address data breaches ▪ Management of carbon emissions ▪ Corporate behavior o Board oversight on ethics issues o Detailed formal policy on bribery and anti-corruption, including whistleblowing policy As of 2025, PLDT received an MSCI ESG Rating of BBB Ratings and Recognitions
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Governance: Joining global conversations PLDT/Smart at UN Climate Week in New York City (September 2025) ➢ On 23 Sept, PLDT/Smart showcased homegrown solution at the UN Global Compact (UNGC) Leaders’ Summit - Sustainable Development Goals Innovation Pitch session ▪ Philippines is one of the 15 countries featured during the event ▪ PLDT/Smart in-house innovation: a single visual dashboard that integrates localized mapping of natural hazards and remote monitoring of network facilities Sep. 23, 2025 Aug. 19, 2025 Philippine delegation to the UNGC Leaders Summit Erich PLDT/Smart presentation at the UNGC Leaders’ Summit ➢ 2025 VNR of the Philippines prepared by the Department of Economy Planning and Development (DEPDev; formerly NEDA) ▪ PLDT/Smart one of 3 from the private sector in the report ▪ VNR presented at the High-Level Political Forum (HLPF) on Sustainable Development 2025 in New York City in July 2025 o HLPF: central United Nations platform for the follow-up and review of the 2030 Agenda for Sustainable Development Cover of the 2025 VNR Philippines (link) PLDT/Smart featured in the 2025 Voluntary National Review (VNR) of the Philippines o VNRs: annual reviews that seek to strengthen policies and institutions of governments, and to mobilize multi-stakeholder support and partnerships for the implementation of the SDGs ✓ For more details: https://hlpf.un.org/vnrs
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Governance: Aligning with the supply chain on ESG Reinforcing biodiversity commitments across the value chain (29 August 2025) ➢ Awareness and Policy Cascade Workshop with: ▪ PLDT Group’s tier-1 suppliers o Representing over 85% of 2024 spend ▪ 10 of the country’s registered Independent Tower Companies ➢ Objectives of the workshop: ▪ Reiterate need for compliance with DENR’s Sustainable Forest Land Management Agreementand other telco permiting requirements ▪ Encourage alignment with global best practices ESG questionnaire for suppliers ➢ Integration of ESG questionnaire in the qualification process to establish baseline supplier information on: ▪ Environment o Commitments/Policies o Resource management (waste / water / energy) ▪ Social o Commitments/Policies o Disclosure on social metrics (trainings, gender diversity, labor metrics) ▪ Governance o Anti-corruption policy
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Governance: Helping advance sustainability through open conversations and experience-sharing April PLDT/Smart at the S&P Global Sustainability Thought Leadership: The Business Case for Corporate Sustainability (2 October 2025) ➢ Event is a partnership between S&P Global and the PSE ▪ Attended by representatives from various publicly listed companies ➢ PLDT/Smart shared their sustainability journey starting from entry of FirstPac in 1988 -- institutionalizing governance ➢ S&P Global presented certiicates to PLDT: inclusion in the 2025 Sustainability Yearbook and as “Industry Mover” PLDT recognized as included in the S&P Global 2025 Sustainability Yearbook Member and “Industry Mover” in the telco industry
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Governance: Participating in key dialogues on sustainability April PLDT/Smart invited to the inaugural PSRC Podcast: “Sustain-A-Buzz” ➢ First episode of the Philippine Sustainability Reporting Committee (PSRC) podcast that discussed Philippine companies’ adoption of the IFRS S1 and S2 ▪ Speakers: o Melissa Vergel de Dios, PLDT/Smart o Mark Mulingbayan: Filinvest o Christopher Ferarez: P&A Grant Thornton o Benjamin Villacorte: SGV/PSRC o Dr. Arnel Onesimo Uy (host): DLSU ➢ Link to the podcast: www.facebook.com/officialpsrc ESG in the Legal discourse: Guardians of Sustainability: “Legal as ESG Architect” (8 October 2025) ➢ Legal and Regulatory Head Atty. Joan de Venecia-Fabul was one of the panelists ▪ Event: Asean Legal Business Philippine In-house Legal Summit 2025 ▪ Topics covered: o Operationalizing ESG: from corporate values to enforceable clauses o Legal’s role in sustainability reporting o Legal enforcement of ESG clauses in supply agreements
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Governance and Environment: Showcasing sustainability and biodiversity initiatives PLDT/Smart at the DENR-BMB Biodiveristy Workshop (18-19 August 2025) ➢ Presented to representatives from the DENR - BMB Southern Luzon an overview of the Group's biodiversity programs, including policies and workshop ▪ Venue: Puerto Princesa, Palawan ➢ DENR - BMB recognized and commended PLDT and Smart for demonstrating proactive support to the Philippine Biodiversity Strategy and Action Plan (PBSAP) ▪ Efforts with the DENR -BMB on PBSAP will be part of the Philippine submission and national report on progress to the Convention on Biological Diversity o Report to be completed in Feb 2026 PLDT/Smart at the SM Sustainability Expo (30 August 2025) ➢ PLDT/Smart shared how the Group enables a digital and sustainable future through: ▪ Expansive and extensive network which helps narrow the digital divide ▪ Environmental stewardship programs ▪ Championing employee and customer welfare ▪ Upholding highest standards of corporate governance ➢ Deployed e-waste bin at the event to promote proper waste management
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Environment and Social: Pursuing energy efficiency Energy Management Program ➢ PLDT and Smart’s Network Energy Management team continues to implement energy-saving initiatives across operations nationwide ▪ Energy audits at various facilities to identify actionable items ▪ Awareness trainings at various facilities to promote energy efficiency, conservation and sustainability ▪ Initiated the creation of energy policy as required by RA 11285 or the Philippine Energy Efficiency and Conservation Act Smart secured 10-yr ₱2.0 billion green loan ➢ Proceeds to help accelerate 5G rollout nationwide ➢ 5G as ‘green technology’ – helps reduce GHG emissions ▪ More energy efficient per gigabyte of data ▪ Has capability to shift to low-energy mode and optimize energy consumption based on actual network traffic 5G Created via Co-pilot
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Environment and Social: Promoting operational efficiency and circularity Collection and Collection Points Partnerships Collection and Collection Points ➢ From July 2023 to October 2025, 29.3 metric tons (MT) of e-waste collected and turned-over to DENR-accredited facilities for proper treatment and disposal ▪ 2025YTD: ~5.7MT (~2.6MT in 3Q2025; excluding collection through SM sites) ▪ Program to-date: ~11.9 MT of carbon avoided o Equivalent to carbon absorbed by 545 mature trees over 10 years ton ➢ Collection points of over 200 locations and events nationwide ➢ In August 2025, turned over three e-waste bins to Accenture for deployment at their Metro Manila offices ➢ Right-sizing of fleet and management of mix, age, fuel usage ▪ To optimize fuel utilization and opex ➢ Preparation to transition to more fuel-efficient units, including use of hybrid/EVs “Be Kind. Recycle“ e-waste Program 3Q 2025 Impact Report Fleet rationalization program to ramp up operational efficiency
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Social: Investing in the Workforce Promoting a safer environment for employees ➢ PLDT and Smart conducted a series of workshops as part of the annual awareness training for all employees, including officers, on Gender Based Sexual Harassment / Promoting safe spaces in the workplace: ▪ Different forms of GBSH ▪ Applicable laws and corresponding company policies ▪ Established mechanisms for reporting incidents,conducting investigation, implementing corrective actions, and impsing penalties for violations ➢ A webinar on understanding unconscious bias also conducted for all employees Empowering employees through upskilling ➢ PLDT and Smart offering various training opportunities (webinars, workshops) organization- wide on applying AI for everyday productivity ▪ A session for leaders also held to explore use cases of AI for different functions
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Social: Creating a safer environment for children 3232 ➢ PLDT and Smart trained over 1,900 teachers, students (including junior high school students), parents, and local government representatives nationwide under its cybersecurity awareness caravan ▪ Purpose: drive public awareness, strengthen community education, and fortify digital defenses to protect the most vulnerable ➢ Program is in support of the Department of Justice Inter-Agency Council Against Trafficking (DOJ-IACAT)’s Barangay IACAT ▪ Aimed at informing, empowering and engaging communities to join the fight against human trafficking Anti-OSAEC awareness training for the community, including children in 9M2025 About 0.5 Mn Mobile numbers involved in Phishing, SMShing, and Vishing activities 159 Bn access to malicious domains Over 0.5Mn access attempts to OSAEC URLs and contents Over 2.0 Mn OSAEC URLs and contents (June 2021 – Sep 2025) Dashboard: Malicious/harmful sites blocked
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Appendix
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0.9 1.0 1.078 0.2 0.2 0.153 2023 2024 9M25 Domestic International 18.6 21.1 21.9 2023 2024 9M25 17.5 18.5 19.3 2023 2024 9M25 Fixed & Wireless Network Highlights Fiber: Extensive Network Reach Total Homes Passed Million Homes FTTH Coverage Barangays ‘000 Total Fiber Footprint Million Cable Kilometers Laid Most extensive network in the Philippines, with robust International Network Capacity Present in: • 91% of provinces • 74% of towns • 52% of barangays 58% port utilization 74% FTTH Presence (vs 70% in 2023) 34 1.1 1.2 1.2 9M2025 Analysts Briefing *excluding non-fiber of 0.71mn
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9M2025 Analysts Briefing 35 Fixed & Wireless Network Highlights Wireless: Expansive Network 10.5mn 5G 77.6K Total BTS Count 99% 5G Coverage (NCR + Rizal) 97% 5G + 4G Nationwide LTE/4G BTS in thousands 5G BTS in thousands Total Data Traffic 5G Individual Devices 39.3 43.5 45.4 2023 2024 9M25 4.7 4.8 5.2 2023 2024 9M25 Ongoing upgrades and modernization of Network and IT to improve quality of service Ongoing deployment of 5G infrastructure Population coverage Population coverage Individual Devices Count 9M24 9M25 5G 7.5mn 10.5mn % devices 13% 18% 9M24 9M25 Data Traffic (PB) 4,127 4,393 3Q24 3Q25 Data Traffic (PB) 1,348 1,367
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VITRO (Data Center) business: Key Highlights 9M2025 Analysts Briefing 36 Current and future pipeline Strategically spread across the PH 38MW* activated capacity As of 9M ‘25 Host to Top 8 IXs in PH (PhIX, VIX, GetaFIX, BBIX, DE-CIX, Maharlika IX,, PCTA-IX and PhOpenIX) 10,350 ready capacity; 65% utilization 11 Sustainable Operations • Transition to Electric Vehicles. Ongoing study on the additional benefits by HR. • 2024 Energy Mix: 35% Renewable Energy • Target of 45% RE in 2025 • Target of 55% RE in 2026 • Target of 60% RE in 2027-2028 • Replacement of VRLA (Valve Regulated Lead Acid) to LIB (Lithium Ion Battery) • Efficiency efforts. • Modernization • Adjustment of room temperature from 21 degrees to 23 degrees Celsius • Aisle containments • On-track to hit 40% less carbon emissions by 2030 Trusted digital infrastructure partner for enterprises Most resilient power architecture among local data centers 2N25 sites years of operations 64MW* 13,432 3.5TB Aggregated IT Power Full capactiy racks Peak Local Peering Traffic *Includes current VSR capacity • 50MW Total Capacity • 36MW Total IT Load • 10MW IT Load energized • Next 10MW turn-key ready • Remaining 16MW to be energized in line with demand VITRO Sta. Rosa AI-ready, hyperscale DC
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Subscriber base 9M2025 Analysts Briefing 37 Total Subscribers 3Q25: 67,099K YE-24: 66,579K +1% +520K (1) Includes KiQ Prepaid subscribers Mobile Subscriber Base Prepaid 56,937,086 56,781,384 56,300,981 56,731,489 58,061,522 205,597 - Smart Prepaid (1) 21,420,767 21,247,707 21,324,961 21,759,728 22,416,116 (338,961) -2% TNT 35,516,319 35,533,677 34,976,020 34,971,761 35,645,406 544,558 2% Postpaid 2,345,551 2,313,920 2,307,482 2,258,318 2,209,487 87,233 4% Total Mobile Subcribers 59,282,637 59,095,304 58,608,463 58,989,807 60,271,009 292,830 - 3Q2025 2Q2025 1Q2025 4Q2024 Net Adds 3Q2025 vs YE2024 3Q2024 Broadband Subscriber Base Fixed Line Broadband 3,668,384 3,573,691 3,507,947 3,431,785 3,394,975 236,599 7% Fixed Line Wireless 454,137 445,454 437,990 446,446 463,393 7,691 2% Total Broadband Subscribers 4,122,521 4,019,145 3,945,937 3,878,231 3,858,368 244,290 6% 3Q2025 2Q2025 Net Adds 3Q2025 vs YE20241Q2025 4Q2024 3Q2024 Fixed Line Subscribers 3,694,183 3,694,922 3,684,725 3,711,371 3,727,873 (17,188) - 3Q2025 2Q2025 1Q2025 4Q2024 3Q2024 Net Adds 3Q2025 vs YE2024
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ARPU, net 9M2025 Analysts Briefing 38 Mobile ARPU, net Fiber ARPU, net 1Q 2Q 3Q 4Q 1Q 2Q 3Q Home: Fiber 1,496 1,500 1,488 1,493 1,493 1,470 1,446 2024 2025 1Q 2Q 3Q 4Q 1Q 2Q 3Q Postpaid 703 688 690 684 670 659 655 Smart Prepaid 125 119 115 122 121 118 120 TNT 106 100 98 105 103 102 100 2024 2025
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Financial Highlights 9M2025 Analysts Briefing 39 (1) Consolidated Service Revenues, gross of interconnection costs (2) Cash Operating Expenses include MRP costs (3) EBITDA excludes MRP costs (4) EBITDA margin calculated as EBITDA divided by service revenues (gross of interconnection costs) Service Revenues, Gross of interconnection costs 72,441 99,894 - 158,903 154,995 3% Less: Interconnection costs 724 13,238 - 13,003 10,102 29% Service Revenues, Net of interconnection costs 71,717 86,656 - 145,900 144,893 1% (Php in millions) Wireless Fixed Line Others Consolidated Service Revenues (1) 72,441 99,894 - 158,903 154,995 3% Cash Operating Expenses (2) 29,754 32,798 6 56,869 58,564 -3% Interconnection Costs 724 13,238 - 13,003 10,102 29% Subsidies and Cost of Contract-specific Services 1,482 3,199 - 4,461 4,072 10% Provisions 493 2,359 - 2,852 3,069 -7% EBITDA (3) 40,084 49,331 (6) 82,845 80,718 3% EBITDA Margin (%) (4) 55% 49% - 52% 52% Depreciation and Amortization 28,689 19,948 - 41,619 37,162 12% Financing Costs, Net (7,455) (6,971) (14) (13,461) (10,972) 23% Other Income 2,344 8,019 (4) 4,111 3,126 32% Income (Loss) before Income Tax 6,762 30,326 400 32,718 37,063 -12% Provision (Benefit from) for Income Tax 1,474 6,163 (13) 7,583 8,839 -14% Net Income (Loss) Attributable to Equity Holders of PLDT 5,276 24,114 413 25,071 28,070 -11% Telco Core Income 5,811 24,328 (90) 25,264 26,578 -5% 9M25 9M24 YoY % Change
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Consolidated Service Revenues 9M2025 Analysts Briefing 40 Fixed and Wireless breakdown Consolidated Service Revenues, net of interconnection costs (1) Gross of interconnection costs % Change 1Q 2Q 3Q 9M 1Q 2Q 3Q 9M 4Q FY 9M2025 vs 9M2024 Fixed Line 29,207 29,063 28,717 86,987 27,627 27,160 27,914 82,701 28,692 111,393 5% Home Broadband 13,281 13,239 13,394 39,914 12,690 12,774 12,988 38,452 13,289 51,741 4% Corporate Data and ICT 7,877 7,602 8,012 23,491 7,870 7,763 7,807 23,440 8,047 31,487 - Wholesale International Voice 4,280 4,511 3,620 12,411 3,170 2,827 3,315 9,312 3,460 12,772 33% Fixed Line Voice 3,752 3,696 3,678 11,126 3,882 3,778 3,789 11,449 3,879 15,328 -3% Miscellaneous 17 15 13 45 15 18 15 48 17 65 -6% Wireless 24,214 23,824 23,878 71,916 24,568 24,088 23,638 72,294 24,695 96,989 -1% Mobile Services 23,768 23,365 23,387 70,520 24,189 23,728 23,264 71,181 24,327 95,508 -1% Mobile Data 19,827 19,558 19,523 58,908 19,954 19,425 19,170 58,549 20,250 78,799 1% Mobile Voice 2,130 2,011 1,944 6,085 2,385 2,238 2,157 6,780 2,146 8,926 -10% SMS 1,538 1,528 1,658 4,724 1,642 1,720 1,739 5,101 1,660 6,761 -7% Mobile Others 273 268 262 803 208 345 198 751 271 1,022 7% Fixed Wireless Broadband 446 459 491 1,396 379 360 374 1,113 368 1,481 25% Total Consolidated Service Revenues(1) 53,421 52,887 52,595 158,903 52,195 51,248 51,552 154,995 53,387 208,382 3% (PHP in Millions) 2025 2024 % Change 1Q 2Q 3Q 9M 1Q 2Q 3Q 9M 4Q FY 9M2025 vs 9M2024 Consolidated Service Revenues, gross of interconnection costs 53,421 52,887 52,595 158,903 52,195 51,248 51,552 154,995 53,387 208,382 3% Interconnection costs 4,464 4,723 3,816 13,003 3,491 3,055 3,556 10,102 3,616 13,718 29% Consolidated Service Revenues, net of interconnection costs 48,957 48,164 48,779 145,900 48,704 48,193 47,996 144,893 49,771 194,664 1% (PHP in Millions) 2025 2024
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Consolidated Service Revenues 9M2025 Analysts Briefing 41 Breakdown as per service type (1) Gross of interconnection costs % Change 1Q 2Q 3Q 9M 1Q 2Q 3Q 9M 4Q FY 9M2025 vs 9M2024 Data and Broadband 41,431 40,858 41,420 123,709 40,893 40,322 40,339 121,554 41,954 163,508 2% Home Broadband 13,281 13,239 13,394 39,914 12,690 12,774 12,988 38,452 13,289 51,741 4% Fixed Wireless Broadband 446 459 491 1,396 379 360 374 1,113 368 1,481 25% Corporate Data and ICT 7,877 7,602 8,012 23,491 7,870 7,763 7,807 23,440 8,047 31,487 - Mobile Data 19,827 19,558 19,523 58,908 19,954 19,425 19,170 58,549 20,250 78,799 1% Voice and Others 10,452 10,501 9,517 30,470 9,660 9,206 9,474 28,340 9,773 38,113 8% Wholesale International Voice 4,280 4,511 3,620 12,411 3,170 2,827 3,315 9,312 3,460 12,772 33% Fixed Line Voice 3,752 3,696 3,678 11,126 3,882 3,778 3,789 11,449 3,879 15,328 -3% Mobile Voice 2,130 2,011 1,944 6,085 2,385 2,238 2,157 6,780 2,146 8,926 -10% Others 290 283 275 848 223 363 213 799 288 1,087 6% SMS 1,538 1,528 1,658 4,724 1,642 1,720 1,739 5,101 1,660 6,761 -7% Total Consolidated Service Revenues(1) 53,421 52,887 52,595 158,903 52,195 51,248 51,552 154,995 53,387 208,382 3% (PHP in Millions) 20242025
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Wireless Service Revenues 9M2025 Analysts Briefing 42 (1) Gross of interconnection costs Note: Service revenues before intersegment elims % Change 1Q 2Q 3Q 9M 1Q 2Q 3Q 9M 4Q FY 9M2025 vs 9M2024 Data / Broadband 20,315 20,060 20,059 60,434 20,377 19,827 19,587 59,791 20,661 80,452 1% Mobile Data 19,869 19,601 19,568 59,038 19,998 19,467 19,213 58,678 20,293 78,971 1% Mobile Internet 18,923 18,801 18,837 56,561 18,899 18,443 18,219 55,561 19,500 75,061 2% Mobile Broadband 475 417 374 1,266 683 615 545 1,843 412 2,255 -31% Other Data 471 383 357 1,211 416 409 449 1,274 381 1,655 -5% Fixed Wireless Broadband 446 459 491 1,396 379 360 374 1,113 368 1,481 25% SMS / Mobile Voice / Others 4,076 3,936 3,995 12,007 4,358 4,511 4,245 13,114 4,213 17,327 -8% Mobile Voice 2,233 2,111 2,044 6,388 2,470 2,387 2,267 7,124 2,250 9,374 -10% SMS 1,538 1,526 1,657 4,721 1,641 1,721 1,739 5,101 1,660 6,761 -7% Others 305 299 294 898 247 403 239 889 303 1,192 1% Total Wireless Gross Service Revenues(1) 24,391 23,996 24,054 72,441 24,735 24,338 23,832 72,905 24,874 97,779 -1% (PHP in Millions) 20242025
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Fixed Line Service Revenues 9M2025 Analysts Briefing 43 (1) Gross of interconnection costs Note: Service revenues before intersegment elims % Change 1Q 2Q 3Q 9M 1Q 2Q 3Q 9M 4Q FY 9M2025 vs 9M2024 Data / Broadband 24,968 24,923 25,469 75,360 24,300 25,096 23,719 73,115 23,154 96,269 3% Home Broadband 13,285 13,243 13,399 39,927 12,695 12,779 12,992 38,466 13,293 51,759 4% Corp. Data and Other Network Services 9,511 9,765 9,573 28,849 9,792 10,512 8,893 29,197 7,479 36,676 -1% ICT 2,172 1,915 2,497 6,584 1,813 1,805 1,834 5,452 2,382 7,834 21% Voice and Others 8,368 8,551 7,615 24,534 7,447 7,049 7,507 22,003 7,722 29,725 12% Wholesale International Voice 4,368 4,602 3,694 12,664 3,263 2,978 3,423 9,664 3,560 13,224 31% Fixed Line Voice 3,983 3,934 3,908 11,825 4,169 4,053 4,069 12,291 4,145 16,436 -4% Miscellaneous 17 15 13 45 15 18 15 48 17 65 -6% Total Fixed Line Gross Service Revenues(1) 33,336 33,474 33,084 99,894 31,747 32,145 31,226 95,118 30,876 125,994 5% (PHP in Millions) 2025 2024
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Expenses 9M2025 Analysts Briefing 44 9M2025 9M2024 YoY Consolidated Consolidated % Change Operating Expenses Repairs and Maintenance 23,601 22,749 4% Compensation and Employee Benefits 17,256 18,869 -9% Professional and Other Contracted Services 5,262 5,609 -6% Others 10,750 11,337 -5% General Operating Costs 56,869 58,564 -3% Depreciation and Amortization 41,820 37,333 12% Interconnection Costs 13,003 10,102 29% Cost of devices, accessories, and contract-specific services 8,841 10,019 -12% Asset Impairment 2,852 3,069 -7% Total Expenses 123,385 119,087 4% (PHP in Millions) 9M2025 9M2024 YoY Consolidated Consolidated % Change Total Expenses 123,385 119,087 4% Less: Depreciation and Amortization 41,820 37,333 12% Interconnection Costs 13,003 10,102 29% Non-service Revenues 4,380 5,947 -26% MRP and Others 1,127 1,530 -26% Total Cash Expenses(1), Subsidies, and Provisions 63,055 64,175 -2% (PHP in Millions) (1) Excluding Interconnection Costs and MRP
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Other income (expenses) 9M2025 Analysts Briefing 45 9M2025 9M2024 YoY Consolidated Consolidated % Change Equity Share in Net Earnings (Losses) of Associates and Joint Ventrues Maya 581 (918) 163% Vega (76) (58) 31% Others (192) (143) 34% Total Equity Share in Net Earnings 313 (1,119) 128% Financing Costs, Net Interest on loans and other related items (11,909) (9,870) 21% Accretion on Lease Liabilities (3,325) (2,900) 15% Accretion on Financial Liabilities (278) (275) 1% Financing Charges (14) (53) -74% Capitalized Interest 2,065 2,126 -3% Total Financing Costs, Net (13,461) (10,972) 23% Other Income (Expenses), Net Gain on telecom towers sale and leaseback - gross of expenses 887 1,165 -24% Others 3,224 1,961 64% Other Income, Net 4,111 3,126 32% Interest Income 551 718 -23% Gains (Losses) on Derivative of Financial Instruments, Net 1,411 2,066 -32% Foreign Exchange Gains (Loess), Net (105) 1,389 -108% Total Other Expenses, Net (7,180) (4,792) 50% (PHP in Millions)
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Earnings per share (EPS) 9M2025 Analysts Briefing 46 Basic Diluted Basic Diluted Net Income Attributable to Equity Holders of PLDT 25,071 25,071 28,070 28,070 Dividends on Preferred Shares (44) (44) (44) (44) Net Income for the Period Attributable to Common Equity Holders of PLDT 25,026 25,026 28,026 28,026 Weighted Average Number of Common Shares, End 216,056 216,056 216,056 216,056 EPS (Based on Reported Net Income) 115.83 115.83 129.71 129.71 Telco Core Income 25,264 25,264 26,578 26,578 Dividends on Preferred Shares (44) (44) (44) (44) Telco Core Income Applicable to Common Shares 25,219 25,219 26,534 26,534 Weighted Average Number of Common Shares, End 216,056 216,056 216,056 216,056 EPS (Based on Telco Core Income) 116.73 116.73 122.80 122.80 (PHP in Millions except EPS (in PHP) and Shares (in mn)) 9M2025 9M2024
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Balance Sheet 9M2025 Analysts Briefing 47 (1) Cash and Short-Term Investments include Investments in Debt Instruments at Amortized Cost (2) Net Debt calculated based on nominal value of debts less cash and cash equivalents and short-term investments (3) EBITDA for the last twelve months September 30, 2025 December 31, 2024 Total Assets 629,556 623,275 Nominal Value of Debt 299,495 283,575 Less: Unamortized Debt Discount 1,959 1,989 Total Debt 297,536 281,586 Cash and Short-Term Investments(1) 10,472 10,542 Net Debt(2) 289,023 273,033 Equity Attributable to Shareholders of PLDT 120,326 115,419 Net Debt(2)/EBITDA(3) 2.61x 2.52x Net Debt(2)/Equity 2.40x 2.37x (PHP in Millions) Consolidated
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Debt Profile 9M2025 Analysts Briefing 48 December 31, 2024 Carrying Value Unamortized Debt Discount/Debt Issuance Face Value Face Value Debt PLDT 174,907₱ 1,167₱ 176,074₱ 171,688₱ 4,386₱ Smart 109,901 707 110,608 104,244 6,364₱ VITRO 12,628 85 12,713 7,643 5,070₱ Multisys 100 - 100 - 100₱ Total Debt 297,536 1,959 299,495 283,575 15,920 (PHP in Millions) September 30, 2025 Change
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Forward-looking statements 9M2025 Analysts Briefing 49 Except for historical financial and operating data and other information in respect of historical matters, the statements contained herein are “forward-looking statements” within the meaning of Section 27A of the U.S. Securities Act of 1933, as amended, and Section 21E of the U.S. Securities Exchange Act of 1934, as amended. The words “believe”, “intend”, “plan”, “anticipate”, “continue”, “estimate”, “expect”, “may”, “will” or other similar words are frequently used to indicate these forward looking statements. Any such forward-looking statement is not a guarantee of future performance and involves a number of known and unknown risks, uncertainties and other factors that could cause the actual performance, financial condition or results of operation of PLDT to be materially different from any future performance, financial condition or results of operation implied by such forward-looking statement. Among the factors that could cause actual results to differ from the implied or expected results are those factors discussed under “Risk Factors” in Item 3 in PLDT’s annual report on Form 20-F. For inquiries, please contact: PLDT INVESTOR RELATIONS pldt_ir_center@pldt.com.ph