Planetel (PLN) Investor Presentation summary

Company profile and governance

• Local fiber-optic network provider since 1985, offering connectivity, cloud, and IT solutions to retail, corporate, wholesale, and public sectors, mainly in Lombardia, Veneto, and Campania.

• Listed on Borsa Italiana EGM since December 2020, with five acquisitions to expand market share and presence.

• Governance includes a chairman/CEO, COO, and independent board member; major shareholder is BMP Holding S.R.L. with 52.22% of share capital.

Operational highlights and business model

• Proprietary fiber-optic network spans 3,226 km, serving 282 municipalities and 53,004 active clients as of HY 2024.

• 91% of HY 2024 revenues are recurring, with total HY 2024 revenues at €18.5M (+16% YoY).

• Connectivity represents 59% of revenues, with FTTH and FTTC each contributing about a third.

• Wholesale partnerships with major operators like Vodafone, Open Fiber, and Fastweb; 54 BTS stations connected to Vodafone.

Growth, investments, and acquisitions

• Fiber network expanded by 5% since end 2023; 8 new municipalities added since December 2023.

• Acquired Connetical (April 2024) for under €2M, expanding in Veneto and adding 900 customers and a new data center.

• Acquired Suardi (November 2024) for €3.6M, enhancing expertise in security, multimedia, and IT infrastructure.

• Investments in HY 2024 reached €2.7M, mainly in optical fiber (76%) and connectivity (17%).