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Inve stor Pr e se nta tion. Mar c h 2017 2 Ke y Busine ss Highlights. 2 E BIT DA CAGR of 19.4% ove r the la st 3 ye a rs Hig h c a shflow c onve rsion a nd ze ro de bt A diffe re ntia te d ma rke t offe ring a c ross hybrid


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SLIDE 1

Inve stor Pr e se nta tion.

Mar c h 2017

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SLIDE 2

Ma c qua rie T e le c om Group

Ke y Busine ss Highlights.

| Inve stor Pre se nta tion

2

  • E

BIT DA CAGR of 19.4% ove r the la st 3 ye a rs

  • Hig h c a shflow c onve rsion a nd ze ro de bt
  • A diffe re ntia te d ma rke t offe ring a c ross hybrid IT

a nd te le c om

  • A hig h qua lity, dive rse , c orpora te c ustome r ba se with multi- ye a r

c ontra c ts

  • Prima ry foc us on c ustome r se rvic e with Austra lia ’s le a ding ne t promote r

sc ore of +66

  • Qua lity da ta c e ntre infra struc ture whic h e na ble s ope ra tiona l le ve ra g e
  • E

xpose d to the strong ong oing mig ra tion of busine ss a nd g ove rnme nt

  • nto the c loud

2

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SLIDE 3

Ma c qua rie T e le c om Group

Busine ss Summar y.

| Inve stor Pre se nta tion

Busine ss Ar e a s Pe r c e nta ge of R e ve nue & E BIT DA in H1 F Y17 Wha t we do

F

  • r b usine ss, we a re the full se rvic e p ro vid e r
  • f d a ta , vo ic e , mo b ile & c o lo c a tio n

se rvic e s. We a re the te le c o m tha t d o e s e ve rything re fre shing ly d iffe re nt. We a re whe re the Ma c q ua rie sto ry sta rte d F

  • r b usine ss c usto me rs we a re the sp e c ia lists

in hyb rid I T . We inte g ra te c o lo c a tio n, c lo ud , & d e d ic a te d se rve rs. Diffe re nt a p p lic a tio ns ne e d d iffe re nt typ e s o f ho sting . We ma na g e it We a re the Austra lia n sp e c ia lists in c yb e r se c urity, se c ure c lo ud & c o lo c a tio n fo r F e d e ra l Go ve rnme nt. We d e live r se rvic e s to 42% o f F e d e ra l Go ve rnme nt a g e nc ie s

Va lue pr

  • position

Custo me r Se rvic e , Pric e , Cho ic e , F le xib ility, Co ntro l Custo me r Se rvic e , Sp e c ia lise d a nd Co mp lia nt Ho sting . F

  • r a p p s no t suita b le fo r

Pub lic Clo ud Custo me r Se rvic e , SI G Ac c re d ita tio n, Cyb e r Se c urity, ASD – Ce rtifie d Clo ud , Da ta Ce ntre in Ca nb e rra

Compe titor s Pe ople / Skill

Ge ne ra list fo r Vo ic e & Mo b ile s T C fo r Da ta & Co L

  • kno w Busine ss Drive rs

Ho sting Sp e c ia lists: Custo m a nd Co mp lia nt Se c ure Ho sting Sp e c ia list kno w Go ve rnme nt Drive rs 67% 33% 50% 50%

3

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SLIDE 4

Ma c qua rie T e le c om Group

Hig h Qua lity & Dive rse Corpora te & Gove rnme nt Custome rs.

T e le c om Cloud Se r vic e s Gove r nme nt

  • T
  • p 20 c ustome r

s a c c ount for c . 20% of r e ve nue in CY 2016

  • F

e de r a l Gove r nme nt a c c ounts for a qua r te r

  • f the se c ustome r

s

  • Most c ontr

a c ts a r e sig ne d for 2 or 3 ye a r te r ms

  • Cr
  • ss- se lling of se r

vic e s inc r e a sing be twe e n the busine sse s – na tur a l fit a s hosting c ustome r s ne e d te le c om & vic e ve r sa

| Inve stor Pre se nta tion

4

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SLIDE 5

Ma c qua rie T e le c om Group | Inve stor Pre se nta tion

A Diffe r e ntia te d Offe r ing .

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SLIDE 6

Ma c qua rie T e le c om Group

Custome r foc us… is de live r ing impr

  • ve d

pe r for manc e .

  • Our c ontinue d foc us on providing a gre at

c ustome r e xpe rie nc e is c ore to our se rvic e

  • ffe ring & diffe re ntiation
  • Mac quarie ’s ne t promote r sc ore (NPS) is +66

for Q2 F Y17 – Australian le ading NPS

  • NPS is the me asure of c ustome r loyalty that is

asse sse d on a sc ale of -100 to +100, whe re a sc ore of gre ate r than +50 is e xc e lle nt

  • NPS is c alc ulate d on the single que stion

"how like ly is it that you would re c omme nd

  • ur c ompany to a frie nd or c olle ague ?"
  • Growth in our NPS is good for our inve stors

| Inve stor Pre se nta tion

NPS Q2F Y17i

  • i. So urc e : T

he Custo me r E xpe rie nc e Co mpa ny – Industry ra ng e s fro m ‘ NPS Pulse Che c k’ b a se d o n Q42016 – se e http:/ / c usto me re xpe rie nc e .c o m.a u/ nps-b e nc hma rk/

11

  • 2

25 58 66

Sma lle r T e lc o Ra ng e L a rg e r T e lc o Ra ng e

+38.4%

NPS

+2.7%

Cross- se ll

  • 18.5%

De btor DSO

+5.5%

Custome r re te ntion

Ke y me tr ic s sinc e Q4F Y14 to Q2F Y17

45

Na tio na l L e a de rs (+45)

6

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SLIDE 7

Ma c qua rie T e le c om Group

Ma rke t for Ma c qua rie Cloud Se rvic e s & Gove rnme nt.

| Inve stor Pre se nta tion

T he ma rke t is moving to c loud both a t the infra struc ture a s a se rvic e le ve l whe re we ope ra te a nd a t a softwa re a s a se rvic e le ve l. Ma c qua rie c ompe te s a t a n infra struc ture le ve l a nd our c ustome rs a re the softwa re a s a se rvic e c louds, a s we ll a s c ompa nie s tha t run the ir own softwa re but wa nt a more re lia ble da ta c e ntre tha n the ir offic e . T he Austra lia n c oloc a tion ma rke t is e stima te d to be g rowing by 12% CAGR to $2bn by 2021 (F rost & Sulliva n 2016) & c loud ma rke t by 15% CAGR to 2019 (Ga rtne r).

7

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SLIDE 8

Ma c qua rie T e le c om Group | Inve stor Pre se nta tion

One stop shop for hybr id IT solution

  • Ga rtne r e stima te 58% o f c o mpa nie s pursue a hyb rid IT

stra te g y

  • T

he b re a dth o f o ur pro duc t ra ng e se ts us a pa rt fro m o ur c o mpe tito rs: c o lo c a tio n, de dic a te d se rve rs a nd priva te c lo ud

  • Ma c q ua rie o ffe rs a uniq ue le ve l o f a c c o unta b ility fo r the e ntire c usto me r e xpe rie nc e jo urne y fro m c o mme rc ia ls to se rvic e

de live ry, to inte g ra tio n a nd the n suppo rt & b illing

Custom and c omplianc e

  • We spe c ia lise in c usto mising the b uild fo r so phistic a te d c usto me rs to o ptimise pe rfo rma nc e o f the ir so ftwa re a pplic a tio n
  • We ha ve inve ste d in the mo st c e rtifie d da ta c e ntre s & c lo ud pla tfo rms to ma ke it e a sie r fo r o ur c usto me rs in fina nc ia l

se rvic e s & Go ve rnme nt to c o mply with sta nda rds

Built on mar ke t le ading te c hnologie s

  • It's e a sie r fo r c usto me rs to mig ra te to us whic h me a ns le ss risk, c o st & time to do the re -pla tfo rming tha t pub lic c lo uds re q uire
  • T

he re a re a lso de e pe r po o ls o f skille d sta ff who ma na g e the se te c hno lo g ie s

  • Our c lo ud is b uilt o n ma rke t le a ding te c hno lo g ie s suc h a s Vmwa re , E

MC a nd Cisc o

Custome r e xpe r ie nc e

  • Ma c q ua rie ’ s ne t pro mo te r sc o re (NPS) is +66 fo r Q2 F

Y17 – Austra lia n le a ding NPS

Ofte n c ustome r s c hoose the public c loud for the fr

  • nt e nd of ne w we bsite s & a pla c e to stor

e ima g e s. We a r e usua lly se e n by our c ustome r s a s c omple me ntar y with public c loud, r a the r tha n substitute s.

Mac quar ie Cloud Se r vic e s Diffe r e ntiation.

8

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SLIDE 9

Ma c qua rie T e le c om Group

Mac quar ie ’s Cloud Se r vic e Hybr id IT vs Public Cloud.

| Inve stor Pre se nta tion

9

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SLIDE 10

Ma c qua rie T e le c om Group | Inve stor Pre se nta tion

One stop shop for hybr id IT solution tailor e d for Gove r nme nt

  • T

his me a ns we c a n o ffe r a uniq ue le ve l o f a c c o unta b ility fo r the e ntire c usto me r e xpe rie nc e jo urne y fro m c o mme rc ia ls to se rvic e de live ry, to inte g ra tio n & the n suppo rt & b illing

  • T

he b re a dth o f o ur pro duc t se ts us a pa rt fro m o ur c o mpe tito rs: c o lo c a tio n to c lo ud

Cybe r se c ur ity

  • We pro vide c yb e r se c urity se rvic e s to pro te c t a g e nc ie s fro m a tta c k (inc luding pro te c tio n fro m viruse s & ha c ke rs). T

his pro te c ts the a g e nc ie s syste ms & the ir c lo ud e nviro nme nts

Our c loud is built on mar ke t le ading te c hnologie s

  • Our c lo ud is b uilt o n ma rke t le a ding te c hno lo g ie s o f E

MC, Cisc o a nd VMwa re & is c e rtifie d b y the Austra lia n Sig na ls Dire c to ra te (De pa rtme nt o f De fe nc e )

  • As mo st Go ve rnme nt a g e nc ie s use the se te c hno lo g ie s, this me a ns it's e a sie r fo r the m to mig ra te to us whic h me a ns le ss risk,

c o st & time to do the re -pla tfo rming tha t pub lic c lo uds re q uire

  • T

he re a re a lso de e pe r po o ls o f skille d sta ff who ma na g e the se te c hno lo g ie s

Custome r e xpe r ie nc e

  • Ma c q ua rie ’ s ne t pro mo te r sc o re (NPS) is +66 fo r Q2 F

Y17 – Austra lia n le a ding NPS. T he suppo rt is de live re d b y Austra lia n e ng ine e rs, o f whic h o ve r 100 a re c le a re d b y the Austra lia n Go ve rnme nt

Ma c qua r ie diffe r e ntia te s itse lf thr

  • ug h its foc us on c ybe r

se c ur ity & de live r ing Gove r nme nt se c ur ity g r a de c loud & c oloc ation solutions. We ha ve 42% of the Austr a lia n Gove r nme nt a s c ustome r s

Mac quar ie Gove r nme nt Diffe r e ntiation.

10

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SLIDE 11

Ma c qua rie T e le c om Group

Mac quar ie Gove r nme nt’s Offe r ing Cloud & Cybe r Se c ur ity foc us.

| Inve stor Pre se nta tion

Cybe r Se c ur ity Ne twor k Se c ur e Cloud

11

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SLIDE 12

Ma c qua rie T e le c om Group

Mac quar ie ’s T e le c om Diffe r e ntiation Mid mar ke t c ompe titive landsc ape .

| Inve stor Pre se nta tion

Pr ic e NPS

  • T

he Company’s diffe r e ntiation in the c or por ate mar ke t is r e infor c e d by its outstanding c ustome r se r vic e e xpe r ie nc e & c ompe titive pr ic ing

  • Mac quar

ie T e le c om’s foc us on c ustome r se r vic e e xpe r ie nc e has be e n a major dr iving for c e be hind its c ontinue d gr

  • wth &

mar ke t le ading Ne t Pr

  • mote r

Sc or e (NPS)

  • Mac quar

ie be ne fits fr

  • m the

migr ation to NBN

  • We foc us on the 5,500 mid- size d

c or por ate c ustome r mar ke t

12

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SLIDE 13

Ma c qua rie T e le c om Group

Qua lity Infr a str uc tur e .

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SLIDE 14

Ma c qua rie T e le c om Group

Data Ce ntr e Por tfolio.

  • Ge o g ra phic a lly lo c a te d with inte rc o nne c tio ns to re d uc e re d und a nc y a nd

e nsure fa ilo ve r o f c ritic a l wo rklo a d s

  • Ca rrie r ne utra l
  • Da ta Ce ntre c a pa c ity so ld b y a ll 3 b usine sse s a s pa rt o f hyb rid IT

so lutio n

  • T
  • ta l lo a d fo r a ll Inte llic e ntre s is 12.4MW with upg ra d e s in pro g re ss to 14.5MW

Inte llic e ntre 1 Sydne y Inte llic e ntre 2 Ma c q ua rie Pa rk Inte llic e ntre 4 Bunke r, Ca nb e rra

| Inve stor Pre se nta tion

14

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SLIDE 15

Ma c qua rie T e le c om Group

Inte llic e ntr e 2 Sale s suc c e ss.

| Inve stor Pre se nta tion

  • Co ntinue d stro ng c o lo c a tio n sa le s mo me ntum
  • 2.5MW sa le in Ma y 2016

– first re ve nue c o mme nc e s in Ma rc h 2017

  • L

a rg e ho sting sa le s to ta ling 0.5MW ha ve b e e n ma de in H1 F Y17: – c o -lo c a tio n de a l with Ac c e nture Austra lia – c o -lo c a tio n/ infra struc ture se rvic e s de a l with Virtustre a m, a De ll T e c hno lo g ie s Co mpa ny

  • I

nte llic e ntre 2 e stima te d to a c hie ve a n a ve ra g e o f $4.5m pe r MW in a nnua lise d re ve nue b y F Y19 a s ne w la rg e r c usto me rs turn up c a pa c ity

  • Co lo c a tio n so ld usua lly a s pa rt o f hyb rid I

T so lutio n with ma na g e d c lo ud

15

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SLIDE 16

Ma c qua rie T e le c om Group

Utilisation.

Da ta Ha ll 4 will b e c o mple te d in Se pte mb e r 2017 Da ta Ha ll 2 is 2/ 3 F ull Da ta Ha ll 1 is F ull Me c ha nic a l E le c tric a l Pla nt

Da ta Ha ll 3 is pre so ld with the first sta g e c o mple te d & b illing fro m Ma rc h 2017 Sta g e 2 will invo lve a d d itio na l me c ha nic a l, e le c tric a l & pla nt c a pe x inve stme nt & inc re me nta l re ve nue c o mme nc ing in F Y18

| Inve stor Pre se nta tion

  • Our fla g ship Inte llic e ntre 2 da ta c e ntre ha s a c hie ve d stro ng utilisa tio n

Ba se d o n histo ric a l sa le s ra te s, we e stima te we will b e lo o king to b uild o r b uy ne w Syd ne y d a ta c e ntre c a pa c ity fo r la te r in F Y19

16

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SLIDE 17

Ma c qua rie T e le c om Group

F ina nc ia ls.

| Inve stor Pre se nta tion

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SLIDE 18

Ma c qua rie T e le c om Group

Gr

  • up F

inanc ial Pe r for manc e .

| Inve stor Pre se nta tion

  • Ove r the la st 3 ye a rs:

re ve nue CAGR o f 3.9%

E BI T DA CAGR o f 19.4%

E BI T DA ma rg in impro ve d fro m 12.6% to 17.8%

  • Re fle c ts stra te g ic shift in 1H 2015 & the c ha ng e in re ve nue mix to hig h ma rg in ho sting b usine ss
  • Pro fita b le g ro wth is e xpe c te d to c o ntinue in F

Y18

18

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SLIDE 19

Ma c qua rie T e le c om Group

Gr

  • up NPATPe r

for manc e & F ully F r anke d Divide nds.

| Inve stor Pre se nta tion

As o ur ne w stra te g y b e g a n to de live r fro m 2HF Y15, fully fra nke d divide nds o f $0.25 pe r sha re in e a c h ha lf.

19

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Ma c qua rie T e le c om Group

F inanc ial Pe r for manc e – Hosting

| Inve stor Pre se nta tion

  • Ove r the la st 3 ye a rs

re ve nue CAGR o f 9.0%

E BI T DA CAGR o f 41.1%

E BI T DA ma rg in impro ve d to 25.7%

  • Hig hly le ve ra g e d b usine ss with impro ving ma rg ins a s infra struc ture utilisa tio n

inc re a se s

  • Pro fita b le g ro wth is e xpe c te d to c o ntinue in F

Y18

20

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SLIDE 21

Ma c qua rie T e le c om Group

F inanc ial Pe r for manc e - T e le c om

| Inve stor Pre se nta tion

  • Ove r the la st 3 ye a rs:

re ve nue CAGR o f 1.3%

E BI T DA CAGR o f 5.7%

  • Re fle c ts g ro wth in ma rke t sha re in a hig hly c o mpe titive ma rke t while ma inta ining

E BI T DA ma rg in o f 13%

  • Pro fita b le g ro wth is e xpe c te d to c o ntinue in F

Y18

68.9 67.0 68.2 70.0 68.9 71.2

2H14 1H15 2H15 1H16 2H16 1H17

Telecom Revenue ($m)

8.1 7.7 8.8 9.3 9.0 9.3

2H14 1H15 2H15 1H16 2H16 1H17

Telecom EBITDA ($m)

21

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SLIDE 22

Ma c qua rie T e le c om Group

  • Gr
  • wth Cape x is fo r the b uild ing o f ne w d a ta

c e ntre c a pa c ity, inc re a se d po we r supply, ne w te c hno lo g y c re a tio n & tra nsfo rma tio na l inve stme nt.

  • In the Ho sting b usine ss, a c urre nt e xa mple is

the fito ut o f Da ta Ha ll 4.

  • In the T

e le c o m b usine ss, a c urre nt e xa mple is

  • ur tra nsfo rma tio na l inve stme nt fo r inso urc ing
  • ur NOC & b uild ing a ne w d a ta ne two rk

pla tfo rm.

  • Gro wth c a pe x pla ns fo r F

Y18 ha ve no t b e e n d e c id e d , ho we ve r pre vio usly a nno unc e d Gro wth Ca pe x in pro g re ss o f $9m will b e inc urre d in F Y18.

  • Busine ss as Usual (BAU) Cape x is a ll o the r

c a pe x.

  • In re c e nt ye a rs, a ro und ha lf o f BAU Ca pe x is

fo r a d d itio na l c a b ling , ra c ks, se rve rs & sto ra g e tha t e na b le us to pro visio n ne w c usto me r o rd e rs.

  • Mo st o f the re ma ining Ca pe x is inte rna l

so ftwa re d e ve lo pme nt & re pla c ing o ld e r fa c ility e q uipme nt.

  • Ba se d o n re c e nt ye a rs, BAU Ca pe x is typic a lly

in the ra ng e o f $18-22m d e pe nd ing o n o ur d a ta c e ntre sa le s suc c e ss & pro d uc t mix.

Busine ss as Usual (BAU) Cape x. Gr

  • wth Cape x.

| Inve stor Pre se nta tion

22

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SLIDE 23

Ma c qua rie T e le c om Group

F inanc ial Re sults.

| Ha lf Ye a r Re sults 2017

I nte r-se g me nt re ve nue re late s to se rvic e s pro vide d b y the Ho sting se g me nt to the T e le c o m se g me nt, e liminate d o n c o nso lidatio n.

$m 1H16 2H16 1H17 1H17 v 1H16 % c ha ng e

Se rvic e Re ve nue Te le c o m 70.0 68.9 71.2 1.2 2% Ho sting 32.5 35.9 37.8 5.3 16% Inte r-se g me nt (2.4) (2.3) (2.2) 0.2

T

  • ta l Ser

vic e R evenue 100.1 102.5 106.8 6.7 7%

EBITDA Te le c o m 9.3 9.0 9.3

  • Ho sting

6.3 7.7 9.7 3.4 54%

T

  • ta l E

BI T DA 15.6 16.7 19.0 3.4 22%

De pre c ia tio n (12.9) (12.5) (10.8) 2.1

E BI T 2.7 4.2 8.2 5.5

Inte re st 0.2 0.3 0.3 0.1

NPBT 2.9 4.5 8.5 5.6

Ta x (0.9) (1.2) (2.3) (1.4)

NPAT 2.0 3.3 6.2 4.2

23

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SLIDE 24

Ma c qua rie T e le c om Group

Balanc e She e t & Cash F lows.

  • Ca sh o f $24.7m & no d e b t.
  • Busine ss a s usua l c a pe x inc re a se d to $12.5m

fro m $7.5m in the pc p, d rive n b y stro ng c usto me r d e ma nd .

  • Gro wth c a pe x wa s $11.0m to e xpa nd

c a pa c ity a t Inte llic e ntre s 2 & 4 ($7.3m) & d a ta ne two rking te c hno lo g y & ne two rk

  • pe ra tio ns c e ntre inso urc ing ($3.7m).
  • Inve sting a c tivitie s d uring the ha lf a lso

inc lud e d the re c e ipt o f the se c o nd tra nc he

  • f Inte llic e ntre 2 pro c e e d s ($3.0m).
  • F

ina l d ivid e nd fo r F Y16 o f 25c ps ($5.2m) wa s pa id d uring the ha lf.

24

| Inve stor Pre se nta tion

$m F Y16 1H17

Ca sh a nd c a sh e q uiva le nts 36.5 24.7 O the r c urre nt a sse ts 19.8 21.3 O the r no n-c urre nt a sse ts 63.5 76.0

T

  • ta l Asse ts

119.8 122.0

Cre d ito rs 27.1 26.1 O the r L ia b ilitie s 10.3 12.4

T

  • ta l L

ia b ilitie s 37.4 38.5 T

  • ta l E

q uity 82.4 83.5 $m 1H16 1H17

Ca sh flo w s fro m O p e ra ting Ac tivitie s 12.3 13.9 Ca sh flo w s fro m Inve sting Ac tivitie s 32.8 (20.5) Ca sh flo w s fro m Fina nc ing Ac tivitie s (26.2) (5.2)

Ne t inc r e a se / (de c r e a se ) in Ca sh He ld 18.9 (11.8)

O p e ning Ca sh a nd c a sh e q uiva le nts 6.4 36.5

Closing Ca sh a nd c a sh e q uiva le nts 25.3 24.7

24

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SLIDE 25

Ma c qua rie T e le c om Group

Outlook

  • Und e rpinne d b y stro ng sa le s g ro wth, full ye a r F

Y17 E BIT DA is e xpe c te d to b e a ppro xima te ly $37 to $39 millio n.

  • We a re c o nfid e nt tha t Ho sting re ve nue will

c o ntinue to g ro w in 2H F Y17 ho we ve r pro fita b ility will b e impa c te d b y a d d itio na l sta ff c o sts in the sa le s te a m & inc re a se d e le c tric ity pric e s.

  • Ho sting ’ s F
  • rtune 100 c usto me r will c o mme nc e

initia l b illing in Q3.

  • T

e le c o m’ s inve stme nt in ne w d a ta ne two rking te c hno lo g y & ne two rk o pe ra tio ns c e ntre inso urc ing will re sult in a d d itio na l sta ff c o sts b e ing inc urre d in 2H F

  • Y17. T

he se inve stme nts will ma te ria lly re d uc e c o sts & furthe r impro ve se rvic e d e live ry in F Y18.

  • Affirm the g uid a nc e pro vid e d fo r full ye a r c a pita l

e xpe nd iture & d e pre c ia tio n a nno unc e d a t the AGM.

25

| Inve stor Pre se nta tion

$m F Y17 ($m)

E BIT DA Busine ss a s usua l c a pe x Gro wth c a pe x – Ho sting – T e le c o m De pre c ia tio n 37 - 39 21 - 23 13 - 15 6 - 7 21 - 23 25

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SLIDE 26

Ma c qua rie T e le c om Group

Disc laime r .

| Inve stor Pre se nta tion

No e xpre ss o r implie d wa rra nty is g ive n a s to the a c c ura c y o r c o mple te ne ss o f the info rma tio n in this do c ume nt o r a ny c o rre spo nding pre se nta tio n. T his do c ume nt ma y c o nta in fo rwa rd lo o king sta te me nts tha t, while use d in g o o d fa ith, re fle c t Ma c q ua rie T e le c o m Gro up L imite d’ s c urre nt inte ntio n, pla ns, e xpe c ta tio ns, a ssumptio ns a nd b e lie fs a b o ut future e ve nts a nd a re sub je c t to risks, unc e rta intie s a nd o the r fa c to rs, ma ny o f whic h a re o utside the c o ntro l o f Ma c q ua rie T e le c o m Gro up L imite d. F a c to rs tha t c o uld c a use a c tua l re sults to diffe r ma te ria lly fro m the e xpe c ta tio ns e xpre sse d o r implie d in the fo rwa rd-lo o king sta te me nts inc lude kno wn a nd unkno wn

  • risks. Be c a use a c tua l re sults c o uld diffe r ma te ria lly fro m Ma c q ua rie T

e le c o m Gro up L imite d’ s c urre nt inte ntio ns, pla ns, e xpe c ta tio ns, a ssumptio ns a nd b e lie fs a b o ut the future , disc lo sure s he re in sho uld no t b e re lie d upo n a s a dvic e to inve sto rs o r po te ntia l inve sto rs a nd sho uld b e vie we d with c a utio n.