4iG (4IG) Investor presentation summary

Business overview and market position

• Operates in telecoms, IT, and space & defence technologies, with a leading presence in Hungary and the Western Balkans.

• Listed on the Budapest Stock Exchange and included in the BUX index.

• Holds market leadership in Hungary and Montenegro, with significant infrastructure assets and over 10 million mobile and fixed RGUs.

• Employs 8,000 people and manages extensive fibre, mobile, and data centre infrastructure.

• Presence in Israel through Spacecom, expanding its space and satellite capabilities.

Financial performance and shareholder structure

• Achieved €1.7bn revenue and €561m EBITDA for FY 2024, with a market capitalization of €1.2bn.

• Net debt stands at €2.3bn, with an EV/EBITDA multiple of 6x.

• Share price appreciated by 3,949% since 2018.

• Gellért Jászai is the majority shareholder, with Rheinmetall holding a 25% stake.

Strategic evolution and M&A activity

• Transitioned from IT focus to a convergent ICT group through acquisitions in telecom, space, and defence.

• Major acquisitions include DIGI, Vodafone Hungary, and international telco assets in Albania and Montenegro.

• Over €3bn in M&A value, with EBITDA growing ~281x from 2018 to 2024.

• Revenue mix shifted from 100% IT in 2018 to 85% telco in 2024.