𝐆𝐋𝐎𝐁𝐄 𝐀𝐍𝐍𝐎𝐔𝐍𝐂𝐄𝐒 𝐒𝐄𝐂𝐎𝐍𝐃 𝐐𝐔𝐀𝐑𝐓𝐄𝐑&𝐅𝐈𝐑𝐒𝐓 𝐇𝐀𝐋𝐅 𝟐𝟎𝟐𝟑 𝐑𝐄𝐒𝐔𝐋𝐓𝐒.

𝐆𝐋𝐎𝐁𝐄 𝐀𝐍𝐍𝐎𝐔𝐍𝐂𝐄𝐒 𝐒𝐄𝐂𝐎𝐍𝐃 𝐐𝐔𝐀𝐑𝐓𝐄𝐑 & 𝐅𝐈𝐑𝐒𝐓

𝐇𝐀𝐋𝐅 𝟐𝟎𝟐𝟑 𝐑𝐄𝐒𝐔𝐋𝐓𝐒.

GLOBE GROUP SUSTAINED HEALTHY TOPLINE GROWTH:

RECORD REVENUES AT ₱80.4 BILLION, UP 2% YoY;

EBITDAAT₱40.5BILLION,FLATYoY;

MYNT NOW CONTRIBUTES 5% OF GLOBE GROUP’S BEFORE TAX NET INCOME.

ON A SEQUENTIAL BASIS, NORMALIZED NIAT AT₱10.0 BILLION,GREW14% AGAINST A SIMILAR MACRO ECONOMIC ENVIRONMENT; CORE NIAT AT₱9.9 BILLION, UP 22% SEQUENTIALLY.

NON-TELCO REVENUES GREW A ROBUST 52% YOY;

MOBILE BUSINESS REVENUES AT ₱54.8BILLION, UP 1%YoY, DRIVEN BY MOBILE DATA REVENUES OF ₱44.0 BILLION, UP 5% YOY; CORPORATED AT AREVENUES AT ₱9.1BILLION, UP11% YOY;

GLOBEINVESTED₱37.7BILLIONINCAPEXFOR INFRASTRUCTURE DEVELOPMENT.

OOKLA:GLOBE HAILED AS THE PHILIPPINES’MOST RELIABLE MOBILE NETWORK FOR FIVE TIMES IN A ROW;

GLOBE WAS ALSO NAMED AS THE MOST CONSISTENT FIXED BROADBAND IN SEVERAL AREAS IN THE COUNTRY FOR Q2 2023.

GLOBE HAS BEEN NAMED THE PHILIPPINES’ STRONGEST BRAND BY BRAND FINANCE.

Key Financial Highlights: Topline Growth Sustained withThe Rising Data Consumption.

The Globe Group’s consolidated service revenues rose 2% to a record ₱80.4 billion for the first half of 2023 showing stable revenues year-on-year, backed by the data revenue growth across mobile and corporate data businesses.

The sustained topline improvement was likewise supported by the robust contribution from its non-telco services, which now account for 3.5% of total gross service revenues. Total data revenues as of the first semester of the year amounted to ₱65.9 billion, increasing its contribution to the topline from 81% last year to 82% this period.

Mobile business revenues as of end-June 2023,stoodat ₱54.8billion or higherby1% compared to ₱54.0 billion reported a year ago, mostly coming from the company's prepaid brands.

The wireless segment showed growth on the revenue line despite the inflationary pressures not present in the same period last year, as it continues to benefit from the returntopre-pandemic levels of public mobility.

On a sequential basis,the growing data habituation of Filipinos resulted in a 2% quarter-on-quarter improvement in Revenues.

Total mobile revenues, comprised 68% of the total consolidated service revenues, with the total mobile customer base ending at 82.9 million for the first six months of the year.

From a product perspective, mobile data revenues posted a record ₱44.0billion for the six-months period of 2023 or up 5% from the ₱41.8 billion a year ago. Mobile data traffic continues to grow steadily, reaching 2,814 petabytes as of end-June of 2023, higher than the 2,177 petabytes reported in the year earlier.

This was mainly fueled by the growing popularity of streaming and user-generated content through social media. Mobile data now accounts for 80% of mobile revenues from 77% last year.On the other hand, traditional mobile voice and SMS revenues ended at ₱6.8 billion and ₱4.0 billion, lower year-on-year by 13% and 10%, respectively.

The Home Broadband business closed the first sixmonths of the year with ₱12.8 billion revenues from, ₱13.8 billion reported in the same period last year.

The drop in the legacy and fixed wireless products was partly off set by the sustained expansion in postpaid fiber subscribers and revenues,growing10% and 23%, respectively.

Additionally, total Home Broadband subscribers now stand at 2.2 million or down by 31% versus last year.This decline is in line with the normalization of the fixed wireless baseasthemarketshiftstothe more reliable wired connectivity and is expected to stabilize with the end of the sim registration.

HPW datatraffic likewise declined to only 166 petabytes as of end-June 2023 from 253 petabytes recorded in the similar periodof2022.

The decline in FWA revenues and operating metrics have begun to slowdown in the second quarter of 2023, suggesting the bottoming out of this trend.

The company expects these FWA metrics to continue to decline organically over the next 4 quarters, with FWA revenues eventually dropping to ~₱600 million from the ₱986 million reported in the second quarter of 2023, orapproximately 10% decline per quarter.FWA subscribers are likewise expected tonormalize in the third quarter, post-expiry of the sim card registration period.

As part of the Company’s thrust to accelerate its fiber business and make fiber-speed internet affordable to all Filipinos, Globe launched the revolutionary offering GFiber Prepaid last June.

GFiber Prepaid is designed to reach the mass market segment which remains to be under-served. It aims to democratize access to fiber connectivity, offering a No Lock-Up, Unli Pay-Per-Use promos, and Buy Now, Pay Later options, with GCash.

GCash’s Buy Now, Pay Later feature, customers can pay in installments up to a 24 months using the app or pay with a credit line of up to ₱50,000.Customers can acquire a GFiber Prepaid service with a special introductory offer of a one-time fee of ₱1,499, inclusive of installation and seven days of unlimited internet.

They can also choose from a selection of unlimited data promos with GFiberSurf299 for seven days, GFiberSurf549 for 15 days, and GFiberSurf999 for 30 days.

Moreover, GFiber Prepaid provides customers with a fully digital experience from application.

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