Liberty Global Results Presentation Deck slide image

Liberty Global Results Presentation Deck

"SAFE HARBOR" Forward-Looking Statements + Disclaimer This presentation contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements with respect to our strategies, future growth prospects and opportunities; expectations regarding our and our businesses' financial performance, including Rebased Revenue, EBITDA, Adjusted EBITDA, Adjusted Free Cash Flow and Distributable Cash Flow, as well as the 2022 financial guidance provided by our operating companies and joint ventures; expectations of price increases for our products or services and the benefits to be received therefrom; anticipated shareholder distributions from our joint ventures; expectations of wage increases for some or all of our employees; expectations with respect to the integration and synergy plans at Virgin Media 02 and at Sunrise UPC, including the timing, costs and anticipated benefits thereof; any recapitalization of our consolidated and non-consolidated subsidiaries, including with respect to potential greenfield fiber project in the U.K. and any potential future public offerings of shares of any of our subsidiaries; expectations regarding network and product plans, including rebranding activities at our subsidiaries, the potential sale of mobile towers by Telenet, the anticipated progress of Project Lightning in the U.K., the full fiber overlay in the U.K. and Ireland and making 1Gbps internet available to all VodafoneZiggo subscribers, the NetCo creation between Telenet and Fluvius in Belgium and increasing our investments in infrastructure through capital expenditures, as well as the expected timing, cost and anticipated benefits of each such endeavor; our Ventures strategy and anticipated opportunities, including our expected continued investments in Egg; our commitments and aspirations with respect to ESG, including Net Zero and DE&I matters; our share buyback program, including our commitment to repurchase 10% of our outstanding shares in each of 2022 and 2023; the strength of our and our affiliates' respective balance sheets (including cash and liquidity position), tenor of our third-party debt, anticipated borrowing capacity; and other information and statements that are not historical fact. These forward-looking statements involve certain risks and uncertainties that could cause actual results to differ materially from those expressed or implied by these statements. These risks and uncertainties include events that are outside of our control, such as the continued use by subscribers and potential subscribers of our and our affiliates' services and their willingness to upgrade to our more advanced offerings; our and our affiliates' ability to meet challenges from competition, to manage rapid technological change or to maintain or increase rates to subscribers or to pass through increased costs to subscribers; the potential continued impact of the COVID-19 pandemic on us and our businesses; the effects of changes in laws or regulation; the effects of the U.K.'s exit from the E.U.; general economic factors; our and our affiliates' ability to obtain regulatory approval and satisfy regulatory conditions associated with acquisitions and dispositions; our and affiliates' ability to successfully acquire and integrate new businesses and realize anticipated efficiencies from acquired businesses; the availability of attractive programming for our and our affiliates' video services and the costs associated with such programming; our and our affiliates' ability to achieve forecasted financial and operating targets; the outcome of any pending or threatened litigation; the ability of our operating companies and affiliates to access the cash of their respective subsidiaries; the impact of our operating companies' and affiliates' future financial performance, or market conditions generally, on the availability, terms and deployment of capital; fluctuations in currency exchange and interest rates; the ability of suppliers, vendors and contractors to timely deliver quality products, equipment, software, services and access; our and our affiliates' ability to adequately forecast and plan future network requirements including the costs and benefits associated with network expansions; and other factors detailed from time to time in our filings with the Securities and Exchange Commission, including our most recently filed Form 10-K, Form 10-K/A and Forms 10-Q. These forward-looking statements speak only as of the date of this release. We expressly disclaim any obligation or undertaking to disseminate any updates or revisions to any forward-looking statement contained herein to reflect any change in our expectations with regard thereto or any change in events, conditions or circumstances on which any such statement is based. Presentation of Continuing & Discontinuing Operations: On September 22, 2021, we entered into a sale and purchase agreement, pursuant to which we agreed to sell 100% of our operations in Poland (UPC Poland) to a third party. Our operations in Poland are referred to herein as "Discontinued Operations" and have been accounted for as discontinued operations in our March 31, 2022 Form 10-Q. 2
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