Globe Telecom Inc.Annual Stockholders’ Meeting

April 13, 2016Fairmont Makati

Message to ShareholdersMr. Jaime Augusto Zobel de AyalaChairman

Record-level Performance Across the Board

+20%44.0million

52.9million

MOBILE SUBSCRIBERS

+55%2.8

million4.3

million

BROADBAND SUBSCRIBERS*

FY14 FY15 FY14 FY15Wireless Wired

* Includes Bayan subscribers

GROSS SERVICE

REVENUEEBITDA NET INCOME

FY15 vs. FY14

+15% +17% +23%

Strong Industry Outlook Given Robust Economic Performance

OFW Remittances (in USD Bn)Annual GDP Growth

3.9%

6.6% 7.2%

6.1% 5.8%

2011 2012 2013 2014 2015

20.1 21.4 23.0 24.6 25.8

2011 2012 2013 2014 2015

Source: BSPSource: BSP

6.2%

6-year Average

real GDP

Growth

BPO Industry Revenue

Tourist Expenditures to the Philippines (in Php Bn)

109.2124.5

160.2 189.9

214.9 227.6

2010 2011 2012 2013 2014 2015Source: gov.ph

Tourist Arrivals (in Mn)

3.523.9 4.3

4.7 4.85.4

2010 2011 2012 2013 2014 2015Source: gov.ph

$21.3B $25B

2015 2016 Outlook

48

Mn.

3H

42M115%67%

of FB users in the country

are under 30 years old

Active Social

Media Users

Ave. Daily Use

of Social Media

Industry Mobile

Penetration

Source: Globe ,wearesocial.com

~41%

Globe’s Smartphone

Penetration in 2015

Industry Revenues (in Php Bn)

Strong Industry Outlook Given Data-Centric Population

Industry Subscribers (in Mn)

285.5

296.6

2014 2015

124,075

130,819

2014 2015

+4%+5%

Continued Commitment to Shareholders

Total Shareholder Return

Dividend Yield Share Price

Appreciation

TSR

4.7%*

5.8% 10.5%

*Based on 2015 dividends of P83/share

*Based on closing share price of Php1,852 as of December 29, 2015

2015 Dividends P11.0B

Represents approximately 76% of

2014 Core NIAT

In line with dividend payout policy of

75-90% of prior year’s Core NIAT

11%

Creating Shared Value to All Stakeholders

Inside Aklan Project 1 Phone

Globe’s Circle of Happiness

Many thanks and good luck GCA!

Message to ShareholdersMr. Ernest L. Cu

President and CEO

Performance Highlights

Service Revenues

EBITDA

Net Income

P113.7B

P45.8B

P16.5B• Record revenues driven by robust growth of data across

all key segments and the consolidation of Bayan results

• Excluding Bayan, FY15 grew 12% YoY.

•Record FY15 EBITDA on the back of record service

revenues despite higher operating expenses

•Excluding Bayan, FY15 EBITDA reached Php44.8Bn

• Record FY15 NIAT increased by 23% YoY following

consistent quarterly EBITDA growth in 2015

• Excluding Bayan, FY15 NIAT reached Php16.3Bn.

+15% +23%

+17%

vs FY14 vs FY14

vs FY14

Dividends

P83/sh +11%vs FY14

• Payout in line with policy of distributing 75% to 90% of

prior year’s core net income

Broad-based, Data-driven Revenue Growth Marked by Outperformance in Mobile

42%33%

Broadband Revenues* Fixed Line Data Revenues* Mobile Data Revenues**

* Includes Bayan Results

* * Includes mobile browsing, VAS, GCash, other mobile content

Total Data Revenues as a Percentage of

Total Service Revenues*

FY14 FY15

+55%

P22.1B

+38%

P17.5B

+40%

P7.7B

Mobile Revenues Subscribers

Postpaid P31.9B (+7%) 2.4M (6%)

Prepaid P53.2B (+10%) 50.5M (+21%)

Total P85.1B (+9%) 52.9M (+20%)

Providing Wonderful Customer Experience through Partnerships

Globe x CHROMECAST HOOQ wins Best Mobile

App for Video at the 2016

GLOMO Awards

Globe x WALT DISNEY

Providing Wonderful Customer Experience through Innovations and Network Development

GEN 3 STORES

Globe x HUAWEI

Strategic Initiatives: Acquisition of Bayan and Sale of Yondu

• Sale of up to 51% stake in Yondu for atotal investment amount of P900 million

• Geared towards transforming Yondu intoa regional arm for digital contentdistribution, joint development hub fornew IP and a vehicle to take Globe’sforeign brand partnerships

• Independent platform for partnerships

• Completed acquisition of up to 98.6% ofBayan through conversion of debt into equityand acquisition of shares from the LopezGroup

• Allows Globe to unlock synergy opportunitiesbetween Globe and Bayan

• Received approval to successfully exitfinancial rehabilitation from the Rehab Courton November 2015

• Ongoing network rehabilitation as part ofGlobe’s planned modernization of Globe’sbroadband and data network

Providing Wonderful Customer Experience through Innovations and Network Development

Globe

University

Employee Engagement Score

89% vs.84% Global High Performance Norm

82% Global Telco Norm

85% Philippine National Norm

Awards

• Sales & Marketing

• Technical

• Professional Development

• Leadership

2015 PSE Bell Awards• Top 5 Publicly Listed Company in the PhilippinesASEAN Corporate Governance Awards• Top 50 Publicly Listed Companies for ASEAN• Top 3 Publicity Listed Companies for PhilippinesPeople Management Association of the Philippines• Renato Jiao: 2015 People Manager of the Year2015 Global Telecoms Business Power 100• Ernest Cu (One of the Ten Operators from Asia)Frost & Sullivan Philippines• Telecom Service Provider of the Year• Mobile Service Provider of the YearFinance Asia's 15th edition of Asia's Best Companies• Best Managed Public Companies• Best Investor Relations• Most Committed to Paying Good Dividends• Best CEO (Ernest Cu)18th Annual Telecom Asia Awards• Best Emerging Market Operator20th GSMA Global Mobile Awards• Best Use of Mobile in Emergency and Humanitarian

Situations for BPI Globe BanKO