Q1 2026 PERFORMANCE

GuIdE







Strong Operational Performance for Q1 2026

Q1 2026 Performance Guide

Revenue Adjusted EBITDA Adjusted PAT

RM454.1 mil RM218.0 mil RM124.5 mil

CAPEX Free Cash Flow

RM1O3.0 mil RM77.4 mil

Net Debt /EBITDA (times)

0.1x

  • Revenue growth driven by higher data revenue from Retail and Wholesale segments

  • Profitability growth sustained by revenue growth and improved operating margins

  • Driving balance sheet optimisation with continued focus on sustainable returns

time

Note:

1) Free Cash Flow = Operating Cash Flow - Capex

3

GROuP PERFORMANCE HIGHLIGHTS



Q1 2026 Performance Guide



Num bers are in RM' million



.

QoQ -2% , .

YoY +6o7

.

QoQ +3% ,

YoY +17%

YoY +8%





QoQ

Q4-25 Q1-26

Q1-25 Q1-26

Q4-25 Q1-26

Q1-25 Q1-26



YoY

Q4-25 Q1-26

Q1-25 Q1-26

  • Revenue decreased by 2%, due to Enterprise and Wholesale, partially offset by an increase in Retail.

  • Adjusted EBITDA grew 3% driven by higher margins whilst Adjusted PAT decreased by 9%, primarily attributable to higher finance costs from increased debt, lower interest income from lower cash balances, lower share of profits from investments, and the absence of prior quarter year-end adjustments of RM10.9 million.

  • 6% increase in revenue attributed to higher data revenue from Retail and Wholesale.

  • Adjusted EBITDA and Adjusted PAT grew 17% and 8% on revenue

    growth and improved margins.

    Note:

    1. The share of profit from investments includes share of profits from associates (CMC Telecommunication Infrastructure Corporation and Symphony Communication Public Company Limited) and a jointly controlled entity (AIMS Data Centre Holding Sdn. Bhd)

    2. Prior quarters' adjusted EBITDA and adjusted PAT have been restated from prior disclosures to exclude Construction deposit/PPE/I nventory written off (Q4 2025: RM3.1 million, Q1 2025: RM2.3

    million) from adjustment items

    clme

    DATA CLOUD & OTHER SOLUTIONS

    Q1-25 Q2-25

    Other Solutions Cloud

    Q3-25

    Q4-25



    YoY +8%

    goq -o%

    Q1-26

    YoY -25%

    QoQ -28%

    Q1 2026 Performance Guide

    Numbers are in RM' million

  • QoQ: Revenue remains relatively

    flat.

  • YoY: The 8% increase was driven by Retail, with subscriber growth of 6%, along with contribution from Wholesale.

  • Both QoQ and YoY decline of 28% and 25%, respectively, mainly due

    Cloud:

    Other

    solutions:

    VOICE

    1) Other Solutions includes revenue from renewable energy (Solar and EV charging business)

    6 Note:

    22.9

    14.9

    Q1-25

    Q1-25

    30.3

    15.2

    Q2-25

    Q2-25

    29.5

    15.1

    Q3-25

    Q3-25

    22.7

    16.6

    §4-25

    Q4-25

    13.2



    Q1-26

    YoY -3%

    QoQ -4%

    Q1-26

    to lower service integration revenue.

  • Both QoQ and YoY decline of 4% and 3%, respectively, were mainly driven by lower usage.

cime



RETAIL

YoY +10%

gog +1%

Q1 2026 Performance Guide

Numbers are in RM' million

  • QoQ: The 1% increase was mainly driven by the renewable energy.

  • YoY: The 10% increase was mainly driven by Retail FTTH subscriber growth of 6% and a slight increase in ARPU from RM116 to RM117 in Q1 2026.

    ENTERPRISE WHOLESALE

    1) Retail includes revenue from renewable energy (Solar and EV charging business)

    7 Note:

    Q1-25

    Q1-25

    Q1-25

    Q2-25

    Q2-25

    Q2-25

    Q3-25

    Q3-25

    Q3-25

    Q4-25

    Q4-25

    Q4-25

    Q1-26

    yoy %

    QoQ -7%

    Q1-26

    YoY +12%

    gog -1%

    Q1-26

    • Both QoQ and YoY decline of 7% and 5%, respectively, were mainly due to lower service integration revenue.

    • QoQ: The 1% decline was mainly due to lower non-recurring charges.

    • YoY: The increase of 12% was primarily supported by higher demand for connectivity services.

cime



Sustained FTTH subscriber growth momentum while maintaining stable ARPU

Q1 2026 Performance Guide

Time Subscribers & ARPU

116

488

Q1-25

8

117



497

qa-as

117

505

qs-as

Subs. ('000)

117

512

Q4-25

ARPU (RM)

117

518

Q1-26

































































































































































































































































































Q1 2026 Performance Guide







Num bers are in RM' million

1.8

88.1

Q1-25

Telco assets

Cloud and other services

6.4

96.6

Q1-26

Non-telco assets

g.#g





Terrestrial-related

0.2'



Q4-26

Submarine-related

  • 99.8% of telco assets capex allocated to expand domestic and regional terrestrial network coverage.

  • Annual capex guidance for FY2026 is RM400.0 million.

12

cime



Q1 2026 Performance Guide

Num bers are in RM' million



6V4

CI'1C TELECOI'1

Q1 2026

•g**

@ , SYMPHONY



Investee Performance

Time's Share in Proportion

to Its Interest

Revenue

Profit/(Loss) After Tax and Other Comprehensive Income

Share of Profit from Investment

104.4

1.6

O.5

131.9

8.6

3.9

70.0

2. NI

1.2N1



Note:

1) Adjusted to exclude the impairment loss on network equipment of RM1.5 million

13

cime

OuTLOOK & PRIORITIES



Q1 2026 Performance Guide

Expanding network coverage to grow addressable market size and increase market share Continuously evaluating expansion opportunities within domestic and regional markets Maintaining operational excellence alongside strong cost and capital management Leveraging synergies to accelerate growth in renewable energy businesses

Optimise capital structure to enhance value creation to support sustainable shareholder returns

Further embedding sustainability considerations across operations and renewable energy initiatives

15 time

ANY quESTIONS?



APPENDIX















































































THANK YOu





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TIME dotCom Bhd published this content on May 26, 2026, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on May 26, 2026 at 09:53 UTC.