Financial key highlights

1	On track to meet the “Next Chapter” targets	FCF trending to neutral by the end of 2023 Committed to securing BBB- by S&P (by 2024 the latest) and maintaining BBB- by Fitch, with organic growth generation and efficiencies plan on track Cellnex to assess opportunities to open the capital of our subsidiaries to crystallize value Executive remuneration structure adjusted and consistent with new capital allocation framework

2	Strong organic growth and financial performance	+6% new PoPs vs. FY 2021 and strong progress on BTS programs Revenues €3,499Mn, +38% vs. FY 2021 Adjusted EBITDA €2,630Mn, +37% vs. FY 2021 2022-2025 efficiency plan on track, with l-f-l Opex performance significantly below inflation RLFCF €1,368Mn, +39% vs. FY 2021

3	2022 – another year of delivery	New entrants generating organic growth: Iliad in Italy and Digi in Portugal Key contracts renewed: Telefónica extended for a 30-year period and RTVE for another 5 years Successful integrations: CK Hutchison UK deal and remedies closed and France remedies processes on track Progress on ESG: included in Sustainalytics’ 2023 Top-Rated ESG Companies List

4	Building solid foundations for the future	Fully funded and hedged: c.€4.5Bn liquidity, c.77% debt fixed, with average interest rate in 2023 expected to be in line vs. 2022 despite current conditions 2025 outlook reiterated – all operational and financial metrics on track Cellnex has always listened to all its stakeholders and will remain disciplined, nimble and committed to its public targets

Environmental	Social	Governance

The ESG strategy is reinforced in 2022 with the update of the 2023-2025 Environment and Climate Change strategy, which has been redefined to reduce, offset and neutralize environmental and climate impacts in Cellnex's value chain	Purpose and values redefined conducting a bottom-up exercise	Double Materiality analysis carried out aligned and in advance to the Corporate Sustainability Reporting Directive.

Committed to achieve carbon neutrality by 2035 and net-zero by 2050	Cellnex has increased its visibility to be known as great employers: Employer Branding Strategy created.	Diverse balance in the Board of Directors with 55% of women directors, 73% of independent directors and 7 nationalities represented in the Board

Green energy targets achieved in 2022 within the Energy Transition Plan	Progress on social targets, being recognized externally: Included in Bloomberg Gender Equality Index 2023 and in the 2023 Sustainability Yearbook of S&P Global as Industry Mover (y-o-y improvement of +15p in the social dimension)	The new corporate website was launched to make it more accessible, multi-country, multi-language and multi-device

Natural Capital analysis to assess the impacts, dependencies, risks and opportunities carried out	Employee Engagement survey assessed periodically in all Cellnex Group	Improved the overall score in the sustainability ratings

Climate Change Adaptation Plan developed	Human Rights Policy updated and publication of the first report on Human Rights Due Diligence Assessment in 2022	The Board of Directors and Executive Committee received an ad hoc training course on ESG

Implementation of the environmental and emission reduction requirements under the company's new procurement risk management model	Supplier Risk Management model defined to integrate risks and ESG in the homologation, selection and evaluation of suppliers	Expanded the scope of the Global Integrated Management System to more Business Units

Update the Life Assessment Cycle Project through the Eco-design project	The Cellnex Foundation has launched the second edition of Cellnex Bridge, a programme with the aim of continuously supporting startups with a high social impact through technology and connectivity	2022 Annual Corporate Governance Report has been prepared in free format for the first time

Uso de cookies

Utilizamos cookies propias y de terceros para analizar nuestros servicios y mostrarle publicidad relacionada con sus preferencias. Pulsando “Configurar” puede seleccionar las cookies que se instalarán en su dispositivo. Pulsando “Aceptar” consiente su instalación y el uso de todas las cookies que utilizamos. Puede obtener más información aquí.

ACEPTAR COOKIES Configuración de cookies