Entravision Communications : Investor Deck Bank Of America Securities 2021 Leveraged Finance Conference

Bank of America

Leveraged Finance Conference

Chris Young, Entravision Chief Financial Officer | December 2nd, 2021

About this presentation

Use of Non-GAAP Financial Measures

This presentation includes certain non-GAAP financial measures. The company has previously provided a reconciliation between these non-GAAP financial measures and the most directly comparable GAAP measure. That reconciliation was included in the Company's November 4, 2021 Earnings Press Release for the quarter ended September 30, 2021, which has been posted on the company's website and filed with the SEC under the cover of Form 8-K.

Forward-Looking Statements Disclosure

This presentation includes certain forward-looking statements and projections provided by the Company. Any such statements and projections reflect various estimates and assumptions by the Company concerning anticipated results. No representations or warranties are made by the Company or any of its affiliates as to the accuracy of any such statements or projections. Whether or not such forward-looking statements or projections are in fact achieved will depend upon future events some of which are not within the control of the Company. Accordingly, actual results may vary from the projected results and such variations may be material. Statements contained herein describing documents and agreements are summaries only and such summaries are qualified in their entirety by reference to such documents and agreements.

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About Entravision

Entravision's Growing Global Footprint

We are a diversified global digital marketing and media solutions company serving clients across the US, Latin America, Europe,

Asia and Africa

Founded 1996, Public in 2000

1,174 employees

30 countries

NYSE: EVC

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Investment Highlights

Solid Financial

Position

• Strong Free Cash-Flow conversion (96% of EBITDA for Q321)
• Solid liquidity > $182M in cash & marketable securities
• Solid balance sheet, (net leverage 0.34x)

Significant & Growing Target Market

• U.S. Latino + Latam growing market ($2.3T by 2024)
• Global digital ad industry of $450Bn in 2021 to $700Bn by 2025 (11% CAGR)
• South East Asia $3.6Bn digital ad spending, 6.3% CAGR 2021 to 2025

Long-Term Television Contracts

• Entravision is Univision's largest TV affiliate group
• Affiliation agreement runs until 2026
• Retransmission revenue adds stability to free cash flow

Expanding Platform of Digital Assets

• Ad-techand marketing solutions: performance, programmatic, branding
• Sales representations for leading global platforms: Facebook, TikTok, Twitter, Spotify, LinkedIn, Triton Digital, Anzu among others

Global Footprint

Provides Extensive

Reach

• 30 countries (18 in Latam, 9 Asia, US, Spain, South Africa)
• 35 U.S. markets with local sales teams and assets

Experienced Management Team

• Proven managers with industry experience and deep global market knowledge (broadcasting + digital)

Significant and Growing Global Digital Industry

Global Digital Ad spending

Global Internet Users and Digital Ad spending by Region

		USD $Billions, 2021-2025				Internet	Digital Ad Spend
					699.9	Region	Users	CAGR
				645.8	2021	2025
			586.0			2021	'21-'25
		524.3				Millions	$Billions	$Billions
	455.3				North America	328	198.8	314.4	12%
Non-Mobile						Europe	656	77.1	114.9	10%
		396.0	446.1	495.0	540.0	China	989	105.5	165.4	12%
Mobile	341.2
						Asia-Pacific	1,443	53.2	75.3	9%
	2021	2022	2023	2024	2025	(w/o China)
Mobile %	75%	75%	76%	77%	81%	Middle East	402	10.8	16.2	11%
& Africa
Digital						Latam	436	10.0	13.8	8%
spending as %	61%	64%	66%	68%	70%
of total Ad	Total	4,254	455.3	699.9	11%
spending
Source: [1]Hispanic Marketing Council, Hispanic Market Guide, 2021; [2] U.S. Census Bureau, 2019 American Community Survey, 1 year estimates.		5