Liberty Global Results Presentation Deck slide image

Liberty Global Results Presentation Deck

THEN (YE '15) 12 MARKETS CABLE 58M RGUS 92% / 8% (FIXED+MOBILE) ~$17BN CONSOLIDATED REVENUE $0 JV REVENUE ↑ ↑ " NOW (YE '21) MARKETS FMC 85M (3) RGUS 37% / 63% (FIXED+MOBILE) -$8BN (2) CONSOLIDATED REVENUE -$19BN (2) COMBINED JV REVENUE FROM CABLE COMPANY TO CONNECTIVITY CHAMPION SCALE DE SYNERGIES STRENGTH(5) STRATEGIC OPTIONS #1 in broadband & TV, #3 in mobile $3.1bn FY '21 Revenue EXCEEDED RUN-RATE SYNERGY TARGET €1.5bn Synergy NPV 50% FMC PENETRATION 7.5m Fixed & Mobile Subs FLUVIUS NETCO EXPANSION TO SOUTH TOWERS PROCEEDS OE (1) #1 in broadband & TV, #2 in mobile $4.8bn FY '21 Revenue ACHIEVED SYNERGY TARGET ONE-YEAR EARLY €3.5bn Synergy NPV 46% FMC PENETRATION 14.4m Fixed & Mobile Subs TOWERS MONETIZATION NETWORK STRATEGIES CONTENT OPPORTUNITIES Sunrise upc #2 in broadband, TV and mobile $3.3bn FY '21 Revenue UPGRADED RUN RATE TARGET TO CHF 325M CHF 3.7bn Synergy NPV 57% FMC PENETRATION 6.1m Fixed & Mobile Subs CONTENT PARTNERSHIP SWISSCOM FIBER IPO POTENTIAL Virginia O₂ O (1) #1 in broadband & mobile, #2 in TV $14.3bn4 FY '21 Revenue ON-TRACK FOR £540M RUN-RATE TARGET £6.2bn Synergy NPV 45% FMC PENETRATION 55.9m Fixed & Mobile Subs GREENFIELD FIBER FIBER UPGRADE WHOLESALE REVENUE Markets exited since 2018 Markets today (1) Represents 100% of the VMO2 JV and Vodafone Ziggo JV results. The VMO2 JV and VodafoneZiggo JV are non-consolidated 50% owned JVs. (2) Revenue figures are provided based on full year 2021 Liberty Global consolidated results (excluding revenue from the U.K. JV Entities) and 100% of the combined as reported full year 2021 results for the VodafoneZiggo JV and estimated U.S. GAAP full year 2021 results for the VMO2 JV. (3) Represents aggregate consolidated and 100% of our 50% owned non-consolidated fixed and mobile subscribers. Includes wholesale mobile subscribers of the VMO2 JV and B2B fixed subscribers of the VodafoneZiggo JV. (4) VMO2 JV revenue absolute amounts represent IFRS transaction adjusted pro forma results for the year ended December 31, 2021, as if the VMO2 JV was created on January 1, 2020. IFRS results as reported by the VMO2 JV and US GAAP results differ significantly and are not comparable. See the Appendix for additional information and reconciliations. (5) FMC and subscriber numbers as of Q1 2022. VodafoneZiggo JV fixed subscribers include B2B as defined by the VodafoneZiggo JV. VMO2 JV mobile subscribers include wholesale mobile subscribers. 5
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