Proximus Sa · EURONEXT:PROX
Proximus Sa — Q2 2020 Earnings Presentation
80 slides from Proximus Sa's earnings presentation, July 2020
Slide 1: Proximus Group Results Q2 2020
Proximus Group Results Q2 2020
Slide 2: Key achievements in an eventful first half of the year
2 Key achievements in an eventful first-half of the year Constructive Hands on Covid Launch social climate crisis management #inspire2022 Executed our social plan Agile and reactive crisis Launched a new with successful management to ensure ambitious strategy with voluntary departure and safety of e
Slide 3: Solid commercial momentum in Q2 2020, in spite of partial lock-down
Solid commercial momentum in Q2 2020, 3 in spite of partial lock-down Fixed Mobile Postpaid Outpacing Covid-related installation delays Supported by offer revamp + 19,000 + 11,000 + 45,000 postpaid +12,000 Convergent customer net adds driven by Minimus & Epic Combo + 175,000 M2M Minimus > 2 million
Slide 4: Covid-19 margin impact mitigated by lower costs and managing investments
Covid-19 margin impact mitigated by lower costs and 4 managing investments. 442 € 418M € 1,037 M €804 M € M Group CAPEX Underlying Underlying Underlying (excl. spectrum) Domestic revenue Domestic direct margin Domestic EBITDA YTD Q2 -4.3% YoY -4.6% YoY -1.0% YoY Q2 -48M YoY YTD +3.1 % Strong cost co
Slide 5: Strong Q2 2020 domestic cost control results in -8.8% decrease in underlying expenses
5 Strong Q2 2020 domestic cost control YoY Q1'19 Q2'19 Q3'19 Q4'19 Q1'20 Q2'20 results in -8.8% variances (€M) 2 -3 1 -2 -8 -1 decrease in -8 -3 -18 -24 underlying expenses. Domestic non WF -3 Domestic WF -4.9% -11 YoY -8.8% YoY H1 Domestic expenses -6.8% or € -55M YoY • 50% structural cost benefits
Slide 6: Covid-19 margin impact in H1 mitigated by lower costs and managing investments
6 Covid-19 margin impact in H1 mitigated by lower costs and managing investments. Direct Margin € -34M Opex € -14M Capex (temporary) (temporary) • Steep contraction in roaming • Economic unemployment • Delays in roadworks, traffic (roaming out, visitor customer connections and roaming & instant roam
Slide 7: Confident to meet the high-end of FY2020 outlook
Confident to meet the high-end of FY2020 7 outlook of €780-800M underlying Group EBITDA minus CAPEX FY Group EBITDA Covid-19 impact Guidance Actuals Guidance Actuals estimated at about metrics FY 2019 FY 2020 YTD 2020 € -60M EBITDA - CAPEX € 844M €780-800M € 523M Group underlying € 1.2 € 1,870M / €
Slide 8: Executing upon our #Inspire2022 strategy
Executing upon our #Inspire2022 strategy with some 8 transformational steps around value propositions, partnerships and building gigabit networks 1 2 3 4 Operate like a Grow profitably Embedding Build the gigabit “digital native” through partners & sustainability and network for Belgium company ecos
Slide 9: 1 July 2020 we launched Flex, a new range of packs
1 July 2020 we launched Flex, a new range 9 of packs, customized to the needs of each family member TV & entertainment At home experience Mobile experience experience • Unlmtd internet with • A unique TV experience with • Worry-free surfing for optimized wifi Pickx on all your screens everyone • Fam
Slide 10: Belfius – Proximus Unique strategic partnership
group Belfius – Proximus 10 Unique strategic partnership • Bring innovative digital solutions to customers • 100% asset light, no material set-up costs • Benefits in reducing churn • Increasing interactions with customers (4000 extra sales agents) • Access to valuable banking data in a GDPR complian
Slide 11: Proximus and Eleven Sports sign 5 years deal on Belgian football
11 Proximus and Eleven Sports sign 5 years deal on Belgian football With Pickx, we want to bring the most relevant content to our customers in a simple and attractive way
Slide 12: Launched the next level Pickx experience
group 12 Launched the next levelPickx experience
Slide 13: Capitalizing on momentum to accelerate digital penetration
13 Capitalizing on momentum to accelerate digital penetration Strong digital sales penetration... Digitization of interactions 21% in Q2’20 And innovative sales models
Slide 14: Mobile Network Sharing JV MWingz operational since 1 April
Mobile Network Sharing JV MWingz operational 14 since 1 April. Vendor selection process progressing well. • Vendor selections for both RAN No additional and Proximus Core are cost progressing well expected versus our announced • Taking into account all EU and 6-year capex governmental requirements i
Slide 15: Despite Covid-19 restrictions, Proximus continues to rapidly deploy fiber across Belgium
15 Despite Covid-19 restrictions, Proximus continues to rapidly deploy Homes fiber across Belgium Passed (in K) 346 307 13 Cities Q1’19 Q2’19 Q3’19 Q4’19 Q1’20 Q2’20
Slide 16: Building long-lasting, valuable assets
group 16 Building long-lasting, valuable assets • Accelerating Belgium-wide fiber rollout Building strong Faster • Increasing rollout capacity by attracting two industrial partners valuable assets • Increasing retail competitiveness • Attractive Fiber ARPU in larger footprint Broader • Generating ne
Slide 17: Partnerships to increase 2025 fiber ambition by ~30%
17 Partnerships to increase 2025 fiber ambition by ~30% and to reach ~4.2M homes and business locations by 2028 ~70% Fiber deployment, M homes & +~50% Coverage businesses passed * ~4.2M +~30% ~2.4M Standalone Partnerships Footprint CMD** New CMD** New 2025 2028 Plan Plan Plan Plan In the new plan, t
Slide 18: Joint fiber deployment in Flanders & Wallonia
group 18 Joint fiber deployment in Flanders & Wallonia incremental and Exclusive negotiations with partners with deep complementary to our own rollout fiber rollout experience in other markets • With DELTA Fiber in the North • With Eurofiber in the South DELTA Fiber and Eurofiber are controlled by E
Slide 19: We build long term asset value with neutral impact on 2021-2025 FCF
19 We build long term asset value with neutral impact on 2021-2025 FCF Neutral impact on cashflow over 2021-2025 Creating long term asset value for Proximus Operating cashflow (+) Equity injections (-) + Reduction of rollout Capex — Equity injections into JV + More revenues and more to fund JV deplo
Slide 20: Q&A
Q&A pro3gimus
Slide 21: Results Q2 2020 in detail
Results Q2 2020 in detail prog€imus
Slide 22: Table of Content
22 Table of Content • Group P 23 • Consumer P 37 • Enterprise P 45 Notes • All figures included in this presentation are on • Wholesale P 53 ‘Underlying’ basis, allowing for a meaningful YOY comparison. • BICS P 54 • Figures are rounded. Variances are calculated from the source data before rounding,
Slide 23: Underlying Group Revenue
23 Underlying Group Revenue QoQ trend change largely driven by Covid-19-related impacts, normal business trend rather stable to Q1 • Steep decrease in the overall Roaming revenue following the travel restrictions • Proactive commercial gestures for customers in times of confinement. • Less customer
Slide 24: Underlying Domestic revenue by product nature
24 Underlying Domestic revenue by product nature YoY evolution YTD Q2 2019: €1,084M Q2 2019: €2,180M 2 ICT 4 -3 Terminals (Incl. Mobile Joint offers) 3 1 Fixed Services 2 - 4.3% 1 Tango 0 -1 Advanced Business Services 0 -2 Mobile Prepaid -4 -3 Others -6 -19 Mobile Postpaid2 -28 -24 Wholesale1 -29 20
Slide 25: Consumer Telecom business holds up well through progressing convergence rate
Consumer Telecom business holds up well 25 through progressing convergence rate +2.2 p.p. Customer Convergence +0.3% Revenue rate ARPC (€) 548 546 73 -7.4% 68 167 43.6% 41.4% 173 -3.6% Mobile only Non Convergence % Fixed only +3.1% Convergent* Convergent Convergence % revenue 302 311 56.4% 58.6% 58.
Slide 26: Fixed Services
26 Fixed Services TV and Internet backlog 2,065 2,071 2,079 2,088 2,090 2,108 # Lines resolved, supported by exceptionally low churn levels Broadband + 37K Growing base for 19 YoY Broadband and TV, in in ‘000 8 6 8 9 1 +1.8% spite of intense Q1'19 Q2'19 Q3'19 Q4'19 Q1'20 Q2'20 competition, supported
Slide 27: Solid Postpaid customer growth in Q2 2020
Solid Postpaid customer 27 growth in Q2 2020, # Mobile cards & net adds (in ‘000) supported by revamped Postpaid YoY mobile offer and exceptional 4,818 4,813 4,824 4,820 4,831 4,839 + 119K low churn. 45 +2.9% 24 24 23 21 30 Postpaid net adds -11 -19 Prepaid -39 -29 -26 -36 YoY Prepaid net adds Mobil
Slide 28: Underlying Domestic direct margin / Underlying BICS
28 Underlying Domestic 924 4 -17 -21 -5 -4 880 direct margin. Covid-19 headwinds for an estimated amount of €-23M Q2 especially visible in wholesale (M€) (lower wholesale roaming traffic Domestic -4.6% -5.3% and in particular a drop in SMS interconnect, group neutral). Group -4.7% Q2'19 Consumer Ent
Slide 29: Strong decline in underlying operating expenses
29 Strong decline in underlying operating expenses, mainly driven by lower headcount, efficiencies in commercial spending and one-off Q2 440 -35 -1 403 -8.8 % YoY Domestic expenses. (M€) -8.3% -7.4 % YoY YTD Q2 Q2'19 Domestic BICS Q2'20 Indirect expenses -6.3% -1,779 Q2 YoY 463 440 441 459 442 403 9
Slide 30: Q2 Underlying Domestic EBITDA
30 Q2 Underlying Domestic EBITDA -1.0% 446 -39 24 11 442 Q2 (M€) Covid-19 -1.0% YoY effects, for an Underlying Domestic EBITDA estimated amount of EUR -23 million Q2'19 Direct margin Workforce Non workforce Q2'20 Q’s -0.4% (M€) -1.0% 42.6% 446 874 870 Underlying 428 430 414 428 442 Domestic EBITDA m
Slide 31: Q2 Underlying Group EBITDA
31 Q2 Underlying Group EBITDA -1.5% Q2 484 -4 -3 477 -1.0% YoY (M€) net Covid-19 effect Underlying Domestic EBITDA -7.4% YoY estimated at €-15M Q2'19 Domestic BICS Q2'20 Underlying BICS EBITDA Q’s -0.6% (M€) -1.5% 35.9% 947 941 Underlying 463 484 470 453 464 477 GROUP EBITDA margin in Q2 Q1'19 Q2'19
Slide 32: Lower capex, while safeguarding strategic investments in Fiber, 5G and IT
Lower capex, while safeguarding strategic 32 investments in Fiber, 5G and IT tranformation Capex (€M) Excl. spectrum Fiber Capex stable YoY: Corona restrictions caused limited, temporary deployment delay. 466 418 Non-Fiber Capex: • Covid-19 impact (e.g. delays in roadwork, customer connections and e
Slide 33: From EBITDA to FCF
33 From EBITDA to FCF (€ M) 996 -42 -13 941 -3 -478 -26 -28 -155 2 254 -2 252 Reported Lease Incidentals Underlying AP/AR/ Cash Income Interest Early Leave Others FCF Acquisitions FCF Ebitda depreciations Ebitda Inventory Capex tax payments Plan/FFP Plan YTD'20 2020 YTD'20 YTD'20 and interest YTD'20
Slide 34: YTD 2020 FCF of €252M
34 YTD 2020 FCF of € 252 M YTD’20 included about € 128M of the cash-out related to the transformation plans, partially offset by less cash needed for Capex and a favorable YoY evolution in Income Tax payments. (€ M) 39 1 -128 37 278 -6 6 8 254 -2 252 241 57 Mainly acquisition of non- controlling int
Slide 35: Net income evolution
35 Net income evolution+0.3% YTD (€ M) Effective tax rate 24.50% YTD Q2’19 Underlying EBITDA Incidentals D&A* Net Finance result** Tax expense Others*** YTD Q2‘20 variance * Excluding Lease depreciations ** Excluding Lease interests *** Includes Non-controlling interests and Share of loss from assoc
Slide 36: Keeping a sound financial position
Keeping a sound financial position, with no short- 36 term dependency on debt capital market Dividends 5.2 Yr Net debt end to non-controlling Net debt end June Average debt duration December 2019 Free Cash Flow Dividends interests Other 2020 Adjusted Net Debt* 1.7 % (YTD, M€) Weighted average coupon
Slide 37: Q2 Consumer highlights
consumer 37 Q2 Consumer highlights • Solid net adds in second quarter: Mobile postpaid + 32,000, Internet +18,000 and TV +11,000 • Covid-19 impacting revenue trend, especially for Mobile Services and Other revenue • Covid impacts aside, steady regular business, supported by growing customer base • C
Slide 38: Consumer financials
consumer 38 Consumer financials -0.8% -1.7% Second quarter Revenue (M€, YoY) 1,326 1,316 revenue impacted 664 661 657 689 665 651 by Covid-19, steady Q1'19 Q2'19 Q3'19 Q4'19 Q1'20 Q2'20 YTD '19 YTD '20 normal business trend. -9.6% -3.7% Cost of Sales 185 301 290 (M€, YoY) 150 151 150 154 136 Q1'19 Q
Slide 39: Q2 revenue by product nature
consumer 39 Q2 revenue by product nature Highlights Terminals: decline non-strategic re-selling of mobile terminals off-set by growing revenue from Mobile Joint €M -1.7% offers YoY Other revenue: reminder & reconnection revenue 661 651 (Covid-19, collection process on hold) 50 50 27 21 28 28 Tango:
Slide 40: Mobile services
consumer 40 Mobile services Mobile service revenue (M€) & YoY variance Mobile park +32,000 Postpaid cards in Q2 -7.3% 18% • At least 2/3rd result from a Prepaid strong commercial dynamic 3,462 K (mobile offer revamp & 179 166 Park* continued uptake of Mobile 82% Joint Offers) Postpaid • The remainin
Slide 41: Postpaid Prepaid
consumer 41 Postpaid Prepaid Customer growth offset by ARPU pressure Revenue erosion due to lower park & lower usage Revenue (M€ & YoY) Revenue (M€ & YoY) -6.6% -15.3% 162 164 167 160 155 153 15 13 12 11 11 10 Q1'19 Q2'19 Q3'19 Q4'19 Q1'20 Q2'20 Q1'19 Q2'19 Q3'19 Q4'19 Q1'20 Q2'20 ARPU (€ & YoY vari
Slide 42: Fixed Services
consumer 42 Fixed Services 1,901 1,908 1,912 1,921 1,921 1,939 Broadband Higher YoY Fixed services revenue, supported by Internet growing Internet & TV customer base, e-Press and 1 customers * 18 +31,000 YoY 0 (‘000) 8 7 5 9 +1.6% Jan’20 price increase, partially off-set by eroding Fixed Voice reven
Slide 43: Convergent revenues up by 3.1%
consumer 43 Convergent revenues up by 3.1%, in spite of the Covid-19 impact on roaming revenue. 84% Customers (in ‘000) Convergent Revenue up Consumer revenue 47% of Customers is 3P/4P Driven by Minimus & Epic Combo generated by X-Play Customers* 3,150 3,141 Minimus € 546M 4P 713 712 -0.4% YoY 756 7
Slide 44: Convergent rate progressing to 58.6%
consumer 44 Convergent rate progressing to 58.6% 58.6% 100.8€ 2.62 RGU 2.3% convergence rate 4P ARPC on average 4P full churn +0.6% YoY -1.8 p.p. YoY 2.78 RGU YoY +42,000 convergent customers 92.7 € on average 3P Convergent ARPC +1.0% YoY QoQ +12,000 convergent customers driven by Minimus & Epic Com
Slide 45: Q2 Enterprise highlights
enterprise 45 Q2 Enterprise highlights • Leading the Belgian M2M market, passing the 2 million mark, +33% SIM YoY. • Mobile Postpaid base +9,000 cards. • Mobile ARPU down on continued competitive price pressure and Covid-19 travel bans decreasing roaming revenue. • Ongoing migration from legacy Tele
Slide 46: Enterprise
enterprise 46 Enterprise -3.4% -4.5% Revenue 694 670 Revenue -4.5% YoY, 351 343 337 367 343 327 High roaming exposure led to (M€, YoY) additional revenue pressure. Q1'19 Q2'19 Q3'19 Q4'19 Q1'20 Q2'20 YTD '19 YTD '20 +1.3% +1.3% Cost of Direct Margin -7.0%, 213 215 following the loss of high- Sales 1
Slide 47: H1 revenue by product nature
enterprise 47 H1 revenue by product nature Ongoing move from Telecom to ICT services H1 2019: €694M Q1 H1 2020: €670M 27 21 25 18 86 20 95 19 Fixed Voice 42% Fixed Data ICT/ABS Postpaid 119 in total 123 Enterprise revenue ICT 260 ABS +2 p.p. YoY 265 Terminals Others (incl Tango) 148 139
Slide 48: Fixed Voice
enterprise 48 Fixed Voice -9.9% Ongoing erosion in Fixed Voice Fixed voice revenue revenue 49 47 45 45 44 42 (M€) & YoY variance Q1'19 Q2'19 Q3'19 Q4'19 Q1'20 Q2'20 + (Limited) price indexation on 1 January 2020 + Increase in Fixed to Mobile traffic 531 519 509 500 489 484 - Erosion in Fixed Voice p
Slide 49: Internet revenue drivers
enterprise 49 Fixed Data Revenue growth Fiber-based Data Connectivity, Covid-19 impact and eroding legacy services. + Growing Fiber park -4.7% - Covid-19 impact on installation activity and commercial customer gestures Fixed data* revenue 62 61 61 62 60 59 - Ongoing legacy Data outphasing (M€) & YoY
Slide 50: Mobile Services
Mobile Services enterprise 50 Roaming traffic decrease in Q2 largely explains the revenue trend change vs Q1 (-2.5%). Mobile Services revenue (M€) & YoY variance Mobile postpaid growth & EOP (‘000) -10.4% +2.7% YoY 1,048 1,053 1,059 1,063 1,072 1,081 Postpaid cards 73 75 74 72 71 67 19 * 5 6 5 8 9 Q
Slide 51: 2.2% increase in ICT revenue
2.2% increase in ICT revenue, in spite of enterprise 51 Covid-19 impacts. ICT revenue (M€) & YoY • Higher revenue mainly on product deals with some Covid-19 impact on services. +2.2% • Specialized ICT companies continued to provide support by bringing digital transformation 132 128 126 152 134 131 s
Slide 52: Advanced Business Services
enterprise 52 Advanced Business Services ABS includes revenue from Proximus’ convergent solutions, and Smart mobility revenue from Be- Mobile, with Covid-19 impacting significantly its automotive and parking revenues. €M 11 10 10 10 9 9 Q1'19 Q2'19 Q3'19 Q4'19 Q1'20 Q2'20
Slide 53: Wholesale
wholesale 53 Wholesale Revenues & Direct margin declining YoY, resulting from: • lower mobile inbound reinforced by Covid-19 with a temporary accelerated shift from SMS to OTT alternatives and • lower wholesale roaming revenues following travel bans. -15.4% -24.9% Revenue 186 157 (M€, YoY) 92 95 98
Slide 54: Q2 BICS results
bics 54 Q2 BICS results • Continued volume increase in SMS A2P in Q2 and growing Mobile Identity and Numbering Business. • Direct margin -5.3%, impacted by world-wide Covid-19 travel bans and continued MTN insourcing. • Cost reduction by -3.3%, resulting from strong decrease in non- workforce expens
Slide 55: BICS P&L
bics 55 BICS P&L -7.4% -11.2% Revenue mix moving further from Voice to Data. Revenue (M€) 319 329 335 317 308 648 600 293 & YoY variance Direct Margin impact down of Q1'19 Q2'19 Q3'19 Q4'19 Q1'20 Q2'20 YTD '19 YTD '20 which over € -5M Covid-19 impact -5.3% -2.4% Direct Margin 79 80 83 83 79 76 159 1
Slide 56: Non-Voice Voice
bics 56 Non-Voice Voice As a result of the travel bans, less DM generated from Continued Voice decline, somewhat reinforced by a signaling and mobile data roaming, only partly combined effect of progressive insourcing by MTN and compensated for by a strong performance in the Covid-19 impacts authent
Slide 57: Our societal impact @ Proximus
Our societal impact @ Proximus
Slide 58: As a telecom operator we play a vital, pivotal role in society
As a telecom operator we play a vital, pivotal role Networks of the future 5G & Fiber in society Keeping people and companies connected Digital access for all & digital education Local, human & secure economic models Partnering with public authorities
Slide 59: We do business with sustainability at the heart of all we do
We do business with sustainability at the heart of all we do Contributing to the UN Our ambition: Sustainable Development Goals: Contributing to create an inclusive, safe, sustainable and prosperous digital Belgium
Slide 60: COVID-19 crisis: helping people to stay connected
COVID-19 crisis: helping people to stay connected The COVID-19 pandemic has been a defining moment for the Telecom sector, underlining our societal responsibility and reinforcing our belief in Proximus’ sense of purpose to open up a world of digital opportunities so people live better and work smart
Slide 61: COVID-19 crisis: demonstrating our solidarity in 4 domains
COVID-19 crisis: demonstrating our solidarity in 4 domains Safeguarding Supporting the Providing support to Keeping people thehealth & businesses healthcare public & safety connected sector & acting for authorities of our employees digital inclusion
Slide 62: A sustainability strategy built on 4 strategic areas
A sustainability strategy built on 4 strategic areas An ambition… … inspired by our sense of purpose Creating an inclusive, safe, sustainable and prosperous We open up a world of digital opportunities so peoplelive digital Belgium better and work smarter Enabling a better digital life Caring for our
Slide 63: We are committed to making a societal impact
We are committed to making a societal impact • Improving fixed and mobile • Parental control onTV • 18,000 internet access • CO2 neutral for own activities connectivity in white zones and smartphones codes and 700 computers donated to disadvantaged • CO2 reduction: • Supporting local innovation • 1.
Slide 64: Appendix
appendix 64 Appendix • Fiber Partnerships P 65 • Tango Luxembourg P 66 • Spectrum P 67 • From reported to underlying P 69 • Pricing information P 70 • Shareholder structure P 78 • Contact information P 80
Slide 65: Delta Fiber and Eurofiber controlled by financial partners with FTTH experience
appendix 65 Both Delta Fiber and Eurofiber are controlled by financial partners with extensive FTTH Experience across Europe • Leading independent FTTH platform in the Netherlands • Leading independent B2B fiber operator the Benelux with a focus on rural areas • Established business in the Benelux w
Slide 66: Tango Luxembourg
appendix 66 Tango Luxembourg Telecom brand of Proximus Luxembourg SA Q2 2020: €33M Enterprise Consumer 5 Stable YoY, despite sanitary Tango crisis. Revenue performance Revenue 35 32 35 39 34 33 secured through business (M€) resilience & Tango’s digital 28 strategy Q1'19 Q2'19 Q3'19 Q4'19 Q1'20 Q2'20
Slide 67: Spectrum
appendix 67 Spectrum Current ownership and new spectrum Expiry dates Proximus OBEL Telenet 29/11/33 800 MHz 2 x 10 2 x 10 2 x 10 Proximus OBEL Telenet 15/03/21** 900 MHz 2 x 12.4 2 x 11.6 2 x 10.2 Renewal 1,800 Proximus OBEL Telenet 15/03/21** MHz 2 x 24.8 2 x 24.8 2 x 24.8 2,100 Proximus OBEL Telen
Slide 68: Temporary 5G Spectrum
appendix 68 Temporary 5G Spectrum Awaiting the auction, temporary spectrum has been allocated in the 3600-3800MHz Orange 3600-3800 Telenet Entropia Cegeka Proximus Belgium MHz 40 MHz 40 MHz 40 MHz 40 MHz 40 MHz • Valid until an auction is organized and no longer than 6 May 2025 • No coverage obligat
Slide 69: From reported to underlying figures
appendix 69 From reported to underlying figures GROUP GROUP GROUP GROUP Rev enu e EBITDA Rev enu e EBITDA (EUR million) Q2 '19 Q2 '2 0 Q2 '19 Q2 '2 0 YTD '19 YTD '2 0 YTD '19 YTD '2 0 Report ed 1,415 1,3 3 0 498 501 2 ,83 2 2 ,72 3 975 996 Lease Depreciations 0 0 -22 -21 0 0 -43 -41 Lease Interest 0
Slide 70: Flex
Flex • Pickx & 80 channels • My e-Press • TV Replay The pack tailored to each family member + Family life Premium app • Unlimited internet • Optimized wifi • Family life app • Cloud 10 GB +€ 11 + Unltd calls to Belgium, 24/7 + WiFi Booster • Pickx & 80 channels • My e-Press • TV Replay + TV option +
Slide 71: Flex hero combinations including mobile
Flex – 4 hero combinations with mobile Flex 4 hero combinations including mobile 3P The essentials Mob All-in 4P All-in for families 4P Unlimited mobile surfing 4P 5 GB 5 GB 5 GB mobile data 5 GB mobile data + continue surfing for free + continue surfing for free + continue surfing for free + contin
Slide 72: Mobilus – mobile standalone pricing
appendix 72 Mobilus – mobile standalone pricing NEW Mobilus 5G Unlimited of 1 April 2020 *FUP: BE+EU: 35 GB at full speed, then 512 Kbps **FUP: EU 50GB at full speed, then 0,0042€/MB S M L XL 5G + Mobile only: Unlimited Unlimited Mobilus 2 GB Unlt. sms 8 GB Unlt. sms 15 GB Unlt. sms Unlt. data* Unlt
Slide 73: Bizz Mobile portfolio
Bizz Mobile portfolio appendix 73 Including new Bizz Mobile 5G International on 4 May 2020 *FUP: BE+EU: 40 GB at full speed, then 512 Kbps **FUP: EU: 50GB at full speed, then 0,0035€/MB Bizz Mobile Bizz Mobile 5G Bizz Mobile S Bizz Mobile M Bizz Mobile L Unlimited International 2 GB 10 GB 20 GB Unli
Slide 74: appendix • Full-digital journey • Worry-free connection, anytime, anywhere
appendix 74 *25GB at maximum speed in Belgium + EU *25GB at maximum speed in Belgium + EU € 19.99 € 24.99 • Full-digital journey • Worry-free connection, anytime, anywhere • Pioneering in the Millennials & Gen Z segment
Slide 75: Digital native / Full experience
appendix 75 Digital native Full experience Mobile subscription with Mobile subscription with endless data for social + endless data for social + music + video apps music + video apps Internet at home Internet at home TV everywhere via New: TV on all your screens Pickx app and web New: High performan
Slide 76: Fixed portfolio
appendix 76 fixed portfolio Positioning Scarlet as no frills brand, with very attractive pricing for ‘price seekers’
Slide 77: Mobile portfolio
appendix 77 mobile portfolio NEW Since 18th June: • Hot has 5 GB in bundle (iso 4 GB)
Slide 78: Shareholder structure
appendix 78 Shareholder structure Total number of shares Free-float Belgian Government Market Capitalization* Dividend yield* 338,025,135 42% 54% ~€ 5.9Bn ~6.6% Number of shares Number of shares Number of shares % shares % Voting rights % Dividend rights with voting rights with dividend rights Belgi
Slide 79: Cautionary statement
Cautionary statement “This communication may include some forward-looking statements, without limitation, regarding Proximus’ financial or operational results, certain strategic plans or objectives, macro-economic trends, regulation, future market conditions and other risk factors. These forward-loo
Slide 80: For further information…
appendix 80 For further information… Investor Relations Call: +32 2 202 82 41 +32 2 202 62 17 E-mail: [email protected] Proximus Investor Relations website : www.proximus.com/en/investors Nancy Goossens Eline Bombeek Investor Relations Director Investor Relations Manager