SHAPING THE FUTURE Europes first fully convergent media & - - PowerPoint PPT Presentation

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Sep 28, 2023 371 likes •570 views

SHAPING THE FUTURE Europes first fully convergent media & communications provider #bestofbothworlds Todays presenters New Pic Anders Jensen Pernille Erenbjerg EVP MTG, Chairman of Group CEO & President MTG Nordic Entertainment

SLIDE 1

SHAPING THE FUTURE

Europe’s first fully convergent media & communications provider

#bestofbothworlds

SLIDE 2

Today’s presenters

Pernille Erenbjerg Group CEO & President TDC Group Anders Jensen EVP MTG, Chairman of MTG Nordic Entertainment

New Pic

SLIDE 3

Agenda

Why we are doing this Best of both worlds Consumer benefits Process

SLIDE 4

A pure play in digital entertainment Europe’s first fully convergent media & communications provider

Why we are doing this Best of both worlds Consumer benefits Process

New Company, New brand

Presenting

SLIDE 5 Why we are doing this Best of both worlds Consumer benefits Process

Transaction overview

[x]% MTG Group Shareholders New Company with New Brand TDC Group Shareholders [x]% Contribution of 100% shares of MTG Nordics Post distribution of TDC Group shares to MTG shareholders

Ownership of the combined entity

309m new TDC shares + ~DKK 2.5bn (SEK 3.3bn) in cash

Transaction structure

[x]% 72% 28% TDC Group and MTG Boards of Directors are recommending the combination MTGs largest shareholder committed to supporting the combination

SLIDE 6 Why we are doing this Best of both worlds Consumer benefits Process

TDC Group

Norway

Consumer Business

Denmark

Consumer Business Wholesale Cloud solutions

Broadband/TV Mobile

~100% coverage, of which 60% high speed 99% 4G Coverage

Broadband/TV Mobile

~30% high speed HH coverage 92% 4G Coverage (MVNO)

SLIDE 7

Denmark

Pay TV Streaming Free TV Streaming

Finland

Pay TV Streaming Free TV Streaming

Sweden

Pay TV Streaming Free TV Streaming Radio Triple Play

Norway

Pay TV Streaming Free TV Streaming Radio Why we are doing this Best of both worlds Consumer benefits Process

MTG Nordic Entertainment & MTG Studios

MTG Studios (17 countries)

SLIDE 8 Why we are doing this Best of both worlds Consumer benefits Process

First of its kind combination

MTG Studios (17 countries) Norway

Pay TV Streaming Free TV Streaming TV, BB Business Radio

Finland

Pay TV Streaming Free TV Streaming

Denmark

Mobile, TV, BB Pay TV Streaming Free TV Streaming Business Wholesale

Sweden

Pay TV Streaming Free TV Streaming Radio Triple Play

SLIDE 9 Why we are doing this Best of both worlds Consumer benefits Process

Combined scale & financial profile

9 Source: TDC Group & MTG Note: DKK:SEK FX rate of 0.76

EBITDA (%) 41% 13% 31% Cash conversion (%) 46% 92% 52%

9.588 MTG NE & Studios 1.344 TDC Group 8.244 Combined 3.756 MTG NE & Studios Combined 4.986 1.230 TDC Group Combined 30.563 MTG NE & Studios 10.293 TDC Group 20.270

2017 Revenue (BDKK) 2017 EBITDA (BDKK) 2017 EBITDA - CAPEX (BDKK)

SLIDE 10 Why we are doing this Best of both worlds Consumer benefits Process

Why we are doing this

1 2 3

Combination of two highly complementary entertainment companies Providing attractive consumer propositions with broad, flexible and personalized services for everyone Highly value creating for shareholders

SLIDE 11

Excellent content offering & scale

Originals & Own productions Acquired TV & Movies (Paramount) Partnerships Acquired Sports

11 Why we are doing this Best of both worlds Consumer benefits Process

SLIDE 12

Pan-Nordic reach & market position

12 Why we are doing this Best of both worlds Consumer benefits Process

Ability to reach all 10 million Nordic households on high quality networks

2.8m

TV subs

2.1m

Streaming subs

3.1m

Mobile Voice subs

1.5m

Broadband subs

SLIDE 13 Why we are doing this Best of both worlds Consumer benefits Process

Single source

for communications & content

More choice

due to broader service offering

Personalised

ffering based on

consumer insight

Flexibility

to create unique products

Customer benefits

SLIDE 14

Entertainment Made for You

14 Why we are doing this Best of both worlds Consumer benefits Process

Movies 1 Individualized TV profiles with personal recommendations Open platform offering

f more entertainment

than ever before 2 3 Combined with access service of your choice both on mobile and @home broadband services On Demand Series Free TV Sports Kids

SLIDE 15

Driving mobile video revolution in the Nordics

Why we are doing this Best of both worlds Consumer benefits Process 15

Access to best sports content

Broad sports offering
Live games and matches from

all major rights/leagues

Highlights from clips, stats and

social media

Personalised service based on your interest

Choose your favourite sports
Score alerts and news about

your favourite sports/teams

Sharing options and creation of
wn communities/groups

Choose mobile access pack based

n your needs
Mobile Voice packages

created to support new suite

f entertainment services
Accessible in any device with

superior user experience

Multiple simultaneous

streams

SLIDE 16

Creating value for shareholders from year 1

Accretion based on equity free cash flow per share

Year 1 cash accretive

Full run-rate effect (DKKm)

Significant synergies

Full run-rate synergies Year 1 post closing synergies 5% 15% ~400 ~600 Revenue ~200 Cost Total

Why we are doing this Best of both worlds Consumer benefits Process

SLIDE 17 Why we are doing this Best of both worlds Consumer benefits Process

Highly experienced team with relevant & complementary skill sets + long term & successful track records in the Telecom & Media industries

8097 People 1768 People

Leadership Team

Pernille Erenbjerg Group CEO & President Anders Jensen Deputy Group CEO

New Company with New Brand

SLIDE 18

Q&A

SLIDE 19

SHAPING THE FUTURE

Europe’s first fully convergent media & communications provider

#bestofbothworlds