#1Totalplay R Total Play Telecomunicaciones Q2 2021 Presentation July 2021#2Disclaimer Totalplay® This Presentation makes reference to certain non IFRS measures. These non IFRS measures are not recognized measures under IFRS, do not have a standardized meaning prescribed by IFRS and are therefore unlikely to be comparable to similar measures presented by other companies. These measures are provided as additional information to complement IFRS measures by providing further understanding of Total Play's results of operations from a management perspective. Accordingly, they should not be considered in isolation nor as a substitute for analysis of Total Play's financial information reported under IFRS. Forward Looking Statements. This Presentation contains "forward looking statements" within the meaning of the safe harbor provisions of the US Private Securities Litigation Reform Act of 1995 Forward looking statements can be identified by words such as: "anticipate," "plan," "believe," "estimate," "expect," "strategy," "should," "will," "seek," "forecast," and similar references to future periods. Examples of forward-looking statements include, among others, statements concerning the Company's business outlook, future economic performance, anticipated profitability, revenues, expenses, or other financial items, market share, market growth rates, market demand, product or services growth. Forward- looking statements are neither historical facts nor assurances of future performance. Instead, they are estimates that reflect the best judgment of Total Play's management based on currently available information. Because forward-looking statements relate to the future, they involve a number of risks, uncertainties and other factors that are outside of its control and could cause actual results to differ materially from those stated in such statements. Therefore, you should not rely on any of these forward-looking statements. All forward-looking statements are based on information available to Total Play on the date of this Presentation and Total Play assumes no obligation to update such statements, whether as a result of new information, future developments or otherwise, except as required by law. 2#3Agenda 1. Company Overview & Strategy 2. Network Overview ▸▸Totalplay 3. Quarter Highlights & Financial Results 4. Appendix#41. Company Overview & Strategy ▸▸Totalplay#5Total Play at a Glance Totalplay is a leading provider of fiber optics broadband, entertainment and productivity for homes and business Key Highlights ■ 100% direct-to-home fiber optic (FTTH) network in Mexico Q2 2021 Corporate Facts Totalplay ■ World-class internet to households, businesses and government ■ Highly optimized for video streaming and social networks ☐ Unique IPTV system turns linear PayTV into on-demand experience Home menu integrates high-quality 4K and major streaming apps ▪ Leader in connectivity, productivity and managed services solutions for enterprise and government customers ■ World's leading adopter of addressable advertising with Google Ads Residential Portfolio +95,633 kms Fiber Optics 13.2 million Homes Passed 22% Penetration Enterprise Portfolio +2.9 million Residential Subscribers +7.7 million Residential RGUS +112k Enterprise Customers Internet Up to 1 Gb 100% FO IP TV Full HD Anytime TV 4K, WiFi Embedded Apps Prime video, YouTube, HBO, Netflix, etc. Totalplay Ⓡ Mobile App WiFi Services Managed Networks Video Surveillance Seamless Anytime, Everywhere Services Telephony Fixed & Softphone LAN to LAN MPLS High Internet Capacity: Symmetric and Asymmetric Totalplay EMPRESARIAL Software Defined Networking Cloud Solutions 5#6Competitive Overview Rey Growth: Q2 2021 YoY 53% 6% 11% Totalplay Televisa / Izzi Megacable Q2 2021 ARPU 615 Totalplay 510 413 Televisa / Izzi Megacable Totalplay (%) RGU Growth: Q2 2021 YoY (%) (Ps.) 56% 6% 13% Totalplay Televisa / Izzi Megacable Q2 2021 Avg. Monthly Churn Rate (1.1%) Totalplay Note: Televisa / Izzi numbers are based on Company's calculation. Megacable's number are obtained from Q2 2021 press release. (4.3%) (2.2%) (%) Televisa / Izzi Megacable 6#7Strategy Network Innovation Subscribers Totalplay® Financial Performance Expand and improve Mexico's only 100%-Fiber network offering broadband, entertainment, and productivity services Deploy most advanced infrastructure to offer faster speeds, greater capacity, and better reliability to residential and enterprise customers Leverage state-of-the-art network design to adapt rapidly to new technological developments and keep pace with growing bandwidth demand . • • • Improve user experience with differentiated customer service and superior products that meet customers' evolving demands Improve with new technology our unique IPTV system that turns regular linear pay TV into a on demand, anytime, and anywhere 4K experience Grow new business opportunities such as next generation WiFi Introduce new products and services like Addressable Advertising, Anytime TV, and TotalPlay Mobile App Provide superior product offerings, bandwidth capabilities, and compelling value to increase market share while simultaneously commanding premium prices • Deliver exceptional customer service with fast response times tailored to customers' needs • Retain subscribers with focus on customer satisfaction, programs to enhance customer loyalty, and ARPU management strategies • Increase market penetration of • • existing network coverage while growing lifetime value of each customer Control operating expenses Focus on cash flow generation and ROIC • Lower cost of debt, extend debt maturities and maintain target leverage ratios 7#8www. 2. Network Overview ▸▸Totalplay#9Network Overview Jonal Organon for Standard ISO 20000 Organization for Standard ISO 27000 100% FTTH network in Mexico 2 Largest GPON network that quickly adapts to customer demand 3 Highly optimized content delivery via caching and peering Totalplay 4 Network architecture designed to minimize future capital expenditure +95,633 kms +350 +57 Residential Cities Fiber Optics 723 GPON Access Nodes 2 Nationwide Headend Content Caches +3.5 Tbps Internet +2.4 Tbps Peering +120 Enterprise Cities 23 States in Mexico 9#10B→ Totalplay* 3. Quarter Highlights & Financial Results 10 10#11Historical Financial Results Revenue (Ps. in billions) Residential RGU Totalplay (Units in millions) 23.9 +39% 7.7 19.6 +47% 25% 6.5 14.3 28% 10.6 3.9 33% 7.5 2.9 35% 75% 2.0 37% 72% 67% 63% 65% Dec-17 Dec-18 Dec-19 Residencial Dec-20 Empresarial TTM Jun-21 Dec-17 Dec-18 Dec-19 Dec-20 Jun-21 EBITDA & Margin (Ps. in billions) Residential Subscribers 9.8 +65% (Units in millions) 2.9 +46% 2.4 7.3 5.5 1.5 1.1 3.0 1.7 41% 0.8 38% 38% 28% 23% Dec-17 Dec-18 Dec-19 Dec-20 TTM Jun-21 EBITDA ◆ EBITDA Margin Dec-17 Dec-18 Dec-19 Dec-20 Jun-21 11 CAGR#12Q2 2021 Financial Results Revenue YoY Quarter Revenue TTM +53% 6,839 23% 4,476 27% 23,875 (+43% vs. TTM Q2 2020) 6,839 6,356 5,676 23% 5,004 25% 25% 26% 77% 77% 75% 75% 73% 74% Q2 20 Q2 21 Q3 20 Q4 20 Q1 21 Q2 21 Totalplay EBITDA & Margin YoY Quarter EBITDA & Margin TTM 9,828 (+58% vs. TTM Q2 2020) +97% 2,957 2,957 1,499 33% 2,465 1,730 43% 43% 42% 43% 34% 2,676 Q2 20 (Ps. in millions) Q2 21 Q3 20 Q4 20 Q1 21 Q2 21 12 -Residencial Empresarial -EBITDA ◆ EBITDA Margin#13Residential KPI's Totalplay (Units in millions) Homes Passed & Penetration (1) (Units in millions) RGU +19% 13.2 11.1 11.5 11.6 11.9 +56% 7.7 7.1 6.5 25% 5.6 25% 4.9 25% 23% 26% 22% 21% 26% 37% 37% 37% 19% 36% 36% 17% 38% 38% 38% 38% 38% Q2 20 Q3 20 Q4 20 Q1 21 Q2 21 Q2 20 Q3 20 Q4 20 Q1 21 Q2 21 Data ■Voice Video ARPU (Ps.) Churn Rate 615 615 613 611 612 (%) (1.4%) (1.2%) (1.1%) (1.0%) (1.1%) Q2 20 Q3 20 Q4 20 Q1 21 Q2 21 Q2 20 Q3 20 Q4 20 Q1 21 Q2 21 13 1) Homes passed and penetration rates include data from 2020 INEGI Census.#14Residential Subscribers RESIDENTIAL SUBSCRIBERS +234 2,929 +56% +250 327 (93) 331 +300 (81) 379 +271 (79) 347 1,873 (76) Totalplay® (Units in thousands) BOP Jul/20 Q3 20 Q4 20 Q1 21 Q2 21 EOP Jun/21 Gross Adds Cancellations 14#15Enterprise KPI's Revenue Totalplay (Ps. in millions) Customer Services (Units in thousands) +21% 112 107 101 +29% 1,567 1,581 1,315 1,396 95 1,222 92 95 44% 40% 36% 36% 38% 64% 62% 64% 56% 60% Q2 20 Q3 20 Private / Public Companies Q4 20 Q1 21 Q2 21 □ Federal/State Government Customer Services Growth Q2 20 Q3 20 Q4 20 Q1 21 Q2 21 (Units in thousands) 6.5 5.6 4.7 4.6 4.6 8.3 6.8 7.3 6.4 6.3 (1.9) (2.2) (1.8) Q2 20 Q3 20 Q4 20 Gross Adds (1.7) Q1 21 ■Cancellations (1.6) Q2 21 15#16Capital Expenditure 83% 69% CAPEX 80% 60% 61% 4,537 4,157 3,837 3,757 3,437 65% 68% 62% 71% 79% 38% Q2 20 35% 32% 29% 21% Q3 20 Q4 20 Q1 21 Q2 21 SAC % of Revenue Network CapEx Totalplay (Ps. in millions) 16#17Free Cash Flow 5,525 2,691 OCF (2,168) (1,432) (2,277) (976) 1H 2021 1H 2020 51 2,637 (5,826) (3,850) (3,950) (1,875) Totalplay (Ps. in millions) Network CapEx Adj. Interest Expense Changes in NWC SAC Levered FCF 17 Note: Key definitions included in appendix#18Total Debt TOTAL DEBT 34,697 30,622 43% 22,016 41% 17% 83% Jun / 20 14% 44% 13% 44% Dec / 20 Jun / 21 Ps. Loans Ps. Leasing US/CNY Note: Total debt excludes $127 million pesos of accrued and unpaid interest expense. Totalplay (Ps. in millions) 18#19Debt Ratios 3.5x 3.5x Q2 20 Q2 21 3.5x 3.1x Q2 20 Debt (1) TTM (2) EBITDA 4.2x 3.7x 3.8x 3.5x Totalplay Q3 20 Q4 20 Q1 21 Q2 21 Debt (1) LQ2A EBITDA 3.7x 3.6x 3.1x 3.1x Q2 21 Q3 20 Q4 20 Q1 21 Q2 21 19 = 1) Debt Total Debt plus Leases (including building leases). 2) 12 months prior to June 30, 2021.#20Liquidity 1,130 1,081 LIQUIDITY (1) 4,997 7,208 Totalplay (Ps. in millions) Cash on Hand Restricted Cash Undrawn LOC Liquidity 1) As of 06.30.21. 20 20#21Q2 2021 Closing Remarks - Q & A Strong growth in Q2 2021 revenue (+53% YoY) and EBITDA (+97% YoY) 2 13.2 million homes passed (+19 YoY) 3 22% HP penetration (+29% YoY) Totalplay 4 Q2 2021 ARPU: Ps. $615 - same as Q2 2020 5 Q2 2021 avg. monthly churn: 1.1% vs. 1.4% in Q2 2020 - 6 2.9 million residential subscribers (+56% YoY) Totalplay 21 21#22Appendix ▸▸Totalplay 22#23Key Definitions • Adj. Interest Expense: 。 Interest payments plus collected interest. • Changes in NWC: Totalplay . 。 Networking capital plus changes in Fiduciary Rights and Reverse Factoring (found in financing activities). Network CapEx: o Includes maintenance CapEx plus expansion CapEx to expand Total Play's network coverage. • Net Working Capital ("NWC"): • o Includes customers and unearned revenue, other receivables, related parties, inventories, trade payables, and other payables. Operating Cash Flow ("OCF"): 。 Net income plus depreciation/amortization, interest expense, and other non-cash items in P&L. 23 23#24Debt Maturity Totalplay® (Ps. in millions as of June 30, 2021) DEBT MATURITY Weighted Avg. Life: 5.7 yr 4,191 3,035 3,406 1,576 - July Dec 2021 2022 2023 Note: Maturity schedule as of June 30, 2021, includes amortized costs, but excludes building leases. Assumes FX rate of 19.91 MXN$/US. 12,689 584 584 8,190 2024 2025 2026 2027 2033 Secured Unsecured 24 224#25Interest Coverage Ratios TTM (1) EBITDA / TTM (1) Interest Expense 3.6x 3.3x Q2 20 Q2 21 4.1x 3.3x ►Totalplay 3.6x 3.2x 3.2x 3.3x Q3 20 Q4 20 Q1 21 Q2 21 LQ2A EBITDA / TTM (1) Interest Expense 4.1x 4.1x 3.7x 3.2x Q2 20 Q2 21 Q3 20 Q4 20 Q1 21 Q2 21 1) 12 months prior to June 30, 2021. 25#26Income Statement Quarterly Totalplay (Ps. in millions) 2Q21 2Q20 Change % % $ % Revenue from services 6,839 100 % 4,476 100 % 2,363 53 % Cost of services (1,646) (24) (1,131) (25) (515) (46) Gross profit 5,193 76 % 3,345 75 % 1,848 55 % General expenses (2,236) (33) (1,846) (41) (390) (21) EBITDA 2,957 43 % 1,499 33 % 1,458 97 % Depreciation and amortization (2,073) (30) (1,543) (34) (530) (34) Operating profit (loss) 884 13 % (44) (1) % 928 (2,109) % Financial cost: Interest revenue 7 (1) (13) Accrued interest expense (610) (9) (321) (7) (289) (90) Other financial (expenses) income - Net (81) (1) (14) (0) (67) 479 Foreign exchange (loss) gain - Net 368 5 39 1 329 (844) Profit (loss) before income tax provision 568 8 % (332) (7) % 900 (271) % Income tax provision (8) (0) (7) (0) (1) (14) Net income (loss) for the period 560 8 % (339) (8) % 899 (265) % 26 26#27Balance Sheet Assets CURRENT ASSETS As of June 30, 2021 2020 Change $ % $ % $ % Totalplay (Ps. in millions) Cash and cash 1,130 Customers- net 2,840 25 2 % 130 0 % 1,000 769 % 2,318 6 522 23 Other receivables and recoverable taxes 3,925 7 2,531 6 1,394 55 Restricted Cash 1,081 2 1,623 4 (542) (33) Inventories 1,518 3 1,396 3 122 9 Prepaid expenses 372 1 524 1 (152) (29) Total current assets 10,866 20 % 8,522 21 % 2,344 28 % NON-CURRENT ASSETS Property, plant and equipmente - Net 37,797 70 % 27,122 67 % 10,675 39 % Rights-of-use assets -Net 4,174 8 3,619 9 555 15 Other non-current assets 1,504 3 1,411 3 93 7 Total non-current assets 43,475 80 32,152 79 11,323 35 Total assets 54,341 100 % 40,674 100 % 13,667 34 % Liabilities and Stockholders' Equity SHORT-TERM LIABILITIES Short-term financial debt 1,358 2 % 1,727 4 % (369) (21) % Trade payables 8,456 16 8,440 21 16 0 Other payables and taxes 2,392 4 1,907 5 485 25 Derivative financial instruments 137 0 137 n.m. Lease liabilities 1,515 3 1,367 3 148 11 Total short-term liabilities 13,858 26 % 13,441 33 % 417 3 % LONG-TERM LIABILITIES Long-term financial debt 28,891 53 % 16,570 41 % 12,321 74 % Trade payables 20 0 69 0 (49) (71) Other long-term payables 81 0 215 1 (134) (62) Lease liabilities 3,060 6 2,353 6 707 30 Total long-term liabilities 32,052 59 19,207 47 12,845 67 Total liabilities 45,910 84 % 32,648 80 % 13,262 41 % STOCKHOLDERS' EQUITY 8,431 16 8,026 20 405 Total stockholders' equity and liabilities 54,341 100 % 40,674 100 % 13,667 54 27 34 %#28Statement of Cash Flow As of June 30, 2021 2020 Operating activities: (Loss) income before income tax provision 344 (709) Depreciation and amortization 4,092 2,921 Employee benefits 15 7 Items related to investing or financing activities: Accrued interest income (21) (18) Accrued interest expense and other financial transactions 1,172 514 Valuation of financial derivative instruments (77) (24) 5,525 2,691 Resources (used in) generated by operating activities: Customers and unearned revenue (464) (162) Other receivables (551) (828) Related parties, net 172 208 Inventories 104 (136) Trade payables 245 3,766 Other payables 480 308 Cash flows generated by operating activities 5,511 5,847 Investing activities: Acquisition of property, plant and equipment (7,994) (6,229) Other assets (7) (25) Collected interest 21 18 Cash flows (used in) investing activities (7,980) (6,236) Financing activities: Loans received Reverse factoring Totalplay® (Ps. in millions) 3,928 3,175 (119) 156 Interest payment Leasing cash flows Fiduciary rights (1,453) (994) (735) (1,395) 191 (650) Net cash flows generated by financing activities 1,812 292 Increase in cash and cash equivalents (657) (97) Cash and cash equivalents at the beginning of the year 1,787 227 Cash and cash equivalents at the end of the year 1,130 130 28#29Totalplay Thank You