Ideiasnet S A : 2023 Webcast Presentation

Webcast Results

2023

Investor Relations [e-mail]

Padtec S/A © 2023. Todos os direitos reservados.

Disclaimer

This material may contain projections and/or estimates of future events. The use of the terms "anticipates", "believes", "expects", "estimates", "plans", "anticipates", "projects", among others, is intended to signal possible trends and statements that evidently involve uncertainties and risks, and future results may differ from current expectations. Forward-looking statements are based on a variety of assumptions and factors, including economic, market and industry conditions, as well as operational factors.

Any changes in these assumptions and factors could lead to practical results that differ from current expectations. These forward-looking statements should not be fully relied upon. Forward-looking statements reflect only opinions as of the date they were made and presented.

The Company is not required to update them in the light of new information or new developments. The Company is not responsible for transactions that are carried out or for investment decisions that are made based on these projections and estimates. Finally, the pro forma financial information contained in this material is unaudited and, therefore, may differ from the final audited results.

Padtec S/A © 2023. Todos os direitos reservados.

Padtec S/A © 2023. Todos os direitos reservados.

Network evolution

DCSG

Aggregation Router

100ZR/400ZR/400ZR+

Cassini Reference

DCSG: Disaggregated Cell Site Gateway

Source: Network Model from TIP Initiative (Facebook & Telcos)

OOPT: Open Optical Packet & Transport

Core Router com Transceiver DWDM integrado

Traditional scope of systems suppliers

5G

GPON

Layer2/3

DWDM

Padtec S/A © 2023. Todos os direitos reservados.

Financial Results

2023

Padtec S/A © 2023. Todos os direitos reservados.

Financial Results

Stable revenue evolution. Significant growth of 38.5% in the Services, Software, and Platforms unit, maintenance of the international growth trend, and a slowdown in the evolution of the local market in Brazil.

		Net revenues (R$MM)
400	365.7	368.7
300
244.4	228.4
200
	79.2
100	77.2
0	44.1	61.1
	2022	2023

DWDM Brazil - CAGR 2020/2023: 8.6%

DWDM Foreign Market - CAGR 2020/2023: 45.7%

Services, Softwares & Plataforms - CAGR 2020/2023: 11.9%

Padtec S/A © 2023. Todos os direitos reservados.

Financial Results

2023: a year of focus on profitability.

Control of production costs, improvement in the acquisition of components, optimization of development costs and contract profitability management were the drivers of the increase in gross margin.

Gross margin (%)

50%

40%	35.6%
	32.0%
30%

20%

10%

0%

2022

2023

Padtec S/A © 2023. Todos os direitos reservados.

Financial Results

EBITDA (R$ MM); Adjusted EBITDA (R$MM); EBITDA Margin (%)

60		44.6		EBITDA:		56.0
		+25.7%
		15.2%
50	12.2%
2.0
40
30
46.6			48.6
20

10

0

-7.4

-10

2022

2023

EBITDA

Adjusted EBITDA

Nonoperational effects

Padtec S/A © 2023. Todos os direitos reservados.

Financial Results

R&D x Net Revenues (R$MM)

50		43.6	41.7
		41.5
40	35.8
30
20
10
0	14%	13%	11%	11%
	2020	2021	2022	2023

Sales Expenses x

Net Revenues (R$MM)

12%				10%
10%	9%	9%	9%
8%
6%
4%
2%
0%
	2020	2021	2022	2023

Administrative Expenses x

Net Revenues (R$MM)

12%
10%
10%	8%	8%	8%
8%
6%
4%
2%
0%
2020	2021	2022	2023

Financial Expenses x

Net Revenues* (R$MM)

12%
10%
8%			6%
6%			5%
	4%
4%	3%
2%
0%
	2020	2021	2022	2023

Padtec S/A © 2023. Todos os direitos reservados.

• Does not consider exchange variation.

Financial Results

Debt restructuring successfully concluded in 2Q23

More than 90% in long-term, average funding cost 5.7% p.a. in 2023

Debt: long X short term (R$MM)

150

113.3	112.5
100
69.9%	88.1%
50
30.1%	11.9%
0
2022	2023

Short term debt

Long term debt

2

1

0

Net Debt / LTM EBITDA¹ (X)

1.42

1.08

20222023

¹ LTM EBITDA corresponds to the sum of the EBITDA recorded in the last twelve months

Padtec S/A © 2023. Todos os direitos reservados.