Superloop (SLC) Investor presentation summary

Market and customer growth

• ~2.7m households switch providers each year; moves, price triggers and technology upgrades support provider reviews, with ~1.1m households moving annually.

• Market share rose from 0% to 8.5% in five years; challengers, including SLC, reached 28% versus incumbents at 72%.

Trading update

• Total customers increased 18.5k YTD to 31 October, reaching 954k; Q1 net adds were 14.6k.

• Consumer added 19.3k customers in Q1 and 23k YTD to 31 October, despite higher churn in July-August following a price increase.

• Business customers grew 1.7k in Q1 and 2.3k YTD; Smart Communities signed 10k lots in Q1.

• Wholesale subscribers declined 6.4k in Q1; traditional wholesale on-net wins are expected to add >$3.6m in annualized revenue post-migration.

FY27 outlook

• Underlying EBITDA guidance of $148m-$156m implies 21%-27% growth on FY26 underlying EBITDA of $122.7m.

• Capex guidance of $58m-$62m versus FY26 actual of $37.9m; increase mainly reflects Smart Communities capex of $16m-$18m and Lynham integration capex of $4m.