1Q 2017 Investors’ BriefingFinancial and Operating Results

May 19, 2017

Business SegmentsMedia Networks & Studio Entertainment Cable, Satellite & Broadband

Digital & Interactive Media Consumer Products & Experiences

- Pay TV (Cable & Satellite)

- Broadband

- Online- Mobile- Over-the-Top

- Live events- Themepark- Home shopping- ABS-CBN store

- Entertainment- News- Global- Film & Music- DTT- Sports- Cable networks- Publishing

9,894

9,576

1Q 2016 1Q 2017

Revenue

2,164

1,749

1Q 2016 1Q 2017

EBITDA

761

314

1Q 2016 1Q 2017

Net Income

Consolidated 1Q 2017 Financial Results

- 3%

Net income attributable to parent is P422M in 1Q 2017

- 19%

- 59%

(In millions Php)

8%

3%

1Q 2016 1Q 2017

Net Income Margin

22%

18%

1Q 2016 1Q 2017

EBITDA Margin

Consolidated 1Q 2017 Financial Results

- 5%

- 4%

8,358 8,162

1,536 1,414

1Q 2016 1Q 2017

BY GEOGRAPHICAL LOCATION

Domestic International

5,589 4,840

4,305 4,736

1Q 2016 1Q 2017

BY REVENUE CATEGORY

Ad Sales Consumer

Consolidated 1Q 2017 Revenue

- 3%

44%49%

56%51%

84% 85%

16% 15%

- 3%

2,794 2,882

2,933 3,179

3,141 3,112

1Q 2016 1Q 2017

GAEX Cost of Sales Production Cost

Consolidated 1Q 2017 Costs and Expenses

+ 3%

- 1%

+ 8%

+ 3%

8,8689,173

Consolidated 1Q 2017 Segment Report

1Q 2016 1Q 2017 1Q 2016 1Q 2017 1Q 2016 1Q 2017

Media Networks & Studio Entertainment 7,026 6,414 842 472 874 528

Margin 12% 7% 12% 8%

Cable, Satellite & Broadband 2,069 2,298 21 20 14 11

Margin 1% 1% 1% 0%

Digital & Interactive Media 281 410 (176) (191) (127) (137)

Consumer Product & Experience 517 453 74 13 78 20

Net Income NI Attributable to Parent

Segment

Operating Revenue

Digital Terrestrial Television

21%

• More than 2.7 million cumulative boxes sold as of March

• Average of 150k boxes sold per month in 1Q 2017 and more than

480k boxes sold in 2017.

-

500

1,000

1,500

2,000

2,500

3,000

2016 Jan Feb March April

DTT Distribution

Actual Budget

DTT : Changing the distribution landscape

Total

Philippines

Urban

Philippines

Mega

Manila

Metro

Manila

HOMES (in Thousands) 18,935 9,857 5,267 3,032

CABLE or DTT HOMES 31.7% 37.7% 51.4% 64.2%

Cabled Homes 23.8% 24.1% 27.5% 38.8%

DTT Homes 7.9% 13.6% 23.9% 25.4%

NON CABLE & NON DTT HOMES 68.3% 62.3% 48.6% 35.8%

Total Philippines - Household Mix by Platform

Source: Kantar Media - May 1-14, 2017

DTT : Audience Shares

Source: Kantar Media - May 1-14, 2017

MEGA MANILA

CHANNELS HOMESCABLE or

DTH HH

NON CABLE

& NON DTT

HH

TOTAL TV 100 100 100

ABS-CBN 35 39 29

GMA 37 22 55

CINEMO + YEY! 7 12 0

SHARE

TOTAL PHILIPPINES

CHANNELS HOMESCABLE or

DTH HH

NON CABLE

& NON DTT

HH

TOTAL TV 100 100 100

ABS-CBN 45 42 47

GMA 33 18 42

CINEMO + YEY! 3 8 0

SHARE

5,589

4,840

1Q 2016 1Q 2017

Advertising Revenue

Free-to-Air

Source: Kantar Media TV Ratings Measurement

Total Day National Audience Share for 1Q 2017

- 13%

CHANNEL 2016 1Q 2017

ABS-CBN 49.58 51.12 GMA 7 33.80 34.68

TV 5 6.50 5.78

Other FTA 4.10 3.27

Other Cable 6.50 5.60

Channel 2 National Audience ShareABS CBN Channel 2 leads across all time blocks

35.4038.97

36.6934.36

8.726.45

Q12016 Q12017

Morning Block (6AM-12NN)

41.8045.38

37.7734.68

6.003.35

Q12016 Q12017

Noontime Block (12NN-3PM)

41.1344.44

37.07 36.17

7.24 6.27

Q12016 Q12017

Afternoon Block (3PM-6PM)

49.30 47.74

32.42 34.27

6.22 6.28

Q12016 Q12017

Primetime Block (6PM-12MN)

ABS-CBN

GMA

TV5

Source: Kantar Media TV Audience Measurement – Total Homes, Total Philippines (Urban + Rural)Period covered excludes Holy Week

ABS-CBN leads in total day national ratings with shows dominating Top 20 spots in 2017

Source: Kantar Media TV Audience Measurement – Indivs 13+, National

RANK CHANNEL PROGRAM RATINGS

1 ABS-CBN FPJ's Ang Probinsyano Mon - Fri 38.4

2 ABS-CBN Your Face Sounds Familiar Kids Sunday Sun 36.5

3 ABS-CBN Your Face Sounds Familiar Kids Saturday Sat 35.1

4 ABS-CBN Wansapanataym Sun 32.8

5 ABS-CBN MMK 25 Sat 30.6

6 ABS-CBN TV Patrol Weekday Mon - Fri 29.9

7 ABS-CBN My Dear Heart Mon - Fri 28.2

8 ABS-CBN Miss Universe Mon - Fri 27.4

9 ABS-CBN Home Sweetie Home Sat 25.4

10 ABS-CBN Magpahanggang Wakas Mon - Fri 25.0

11 GMA Encantadia Mon - Fri 24.8

12 ABS-CBN Goin' Bulilit Sun 23.3

13 GMA Magpakailanman Sat 21.2

14 ABS-CBN Wildflower Mon - Fri 21.6

15 GMA Pepito Manaloto Ang Tunay na Kwento Sat 20.9

16 GMA 24 Oras Weekday Mon - Fri 20.8

17 GMA Alyas Robinhood Mon - Fri 20.4

18 ABS-CBN Pinoy Big Brother Lucky Season 7 Dream Team The Big Night Sat & Sun 20.2

19 ABS-CBN TV Patrol Weekend Saturday Sat 20.0

20 ABS-CBN Rated K Handa Na Ba Kayo? Sun 19.8

TV Patrol & UKG: Most watched news programs

*TV Patrol ratings based on quarterly average

-

5.0

10.0

15.0

20.0

25.0

30.0

35.0

2016 1Q 2017

PRIMETIME NATIONAL RATINGS

TV Patrol 24 Oras

-

2.0

4.0

6.0

2016 1Q 2017

MORNING NATIONAL RATINGS

Umagang Kay Ganda Unang Hirit

Sports & Action

• Leading local channel that provides real time update of various sports properties

• Adding new sports property through partnership deal with Premier Volleyball League.

• Sports Channel audience share continue to improve since beginning of the year. 2.6

2.7 2.8 2.9 3.0 3.1 3.2 3.3 3.4 3.5

JAN1-15

JAN16-31

FEB1-15

FEB16-28

MAR1-15

MAR16-31

Share

Cable ChannelsABS-CBN keeps lead in channel ratings among other cable channels and with over 346 active

cable operators nationwide

148

57

77

72

1Q 2016 1Q 2017

Revenue

Airtime Consumer

- 43%

5 cable channels included in the Top 15 list of

highest rated channels with Cinema One ranking Number 1

Rank Top Cable ChannelsRatings

%

1 Cinema One 0.7

2 Pinoy Box Office 0.6

3 Disney Channel 0.4

4 Cartoon Network 0.4

5 Star Movies 0.4

6 HBO 0.3

7 Fox Filipino 0.2

8 Disney Junior 0.2

9 Cinemo 0.2

10 Teleradyo 0.1

11 Jeepney TV 0.1

12 Basketball TV 0.1

13 Yey 0.1

14 National Geographic 0.1

15 Fox 0.1

Source: Kantar Media TV Audience Measurement – Cabled IndivsDate covered: 2015 – Mar 2017 (excluding Holy Week); 6AM – 12MN

MEDIA NOW ABS-CBN Cable

Ratings

2015 2016 1Q 2017

3.2 3.42.9

1.3 1.31.5

1,536

1,413

1Q 2016 1Q 2017

Revenue

7

31

1Q 2016 1Q 2017

Program Syndication

International Business

TFC ChannelsProgram Syndication Territories

- 8%+ 343%

ASIA AFRICA OTHERS

Cambodia Kenya Mexico

Indonesia Nigeria Peru

Malaysia Seychelles Kazakhstan

Myanmar Tanzania

Thailand Uganda

Vietnam

Middle East

- TFC Viewership remains at 3 millionlevel as of March 2017

- ABS-CBN Content now available in more than 50 countries

332300

1Q 2016 1Q 2017

Revenue

Film & Music

- 10%

PHP 600 million gross receipts from movies produced in 1Q 2017.

Star Music continuously providing quality albums.

2,069

2,299

1Q 2016 1Q 2017

Revenue

690 672

5 161 154

205

1Q 2016 1Q 2017

Sky Subscribers

Cable Cable - DTH Broadband

Cable, Satellite & Broadband

Total revenues grew

by P229M or

11% driven by a

33% increase in

broadband subscribers.

1.04M

Our broadband subscriber base continues to expand, growing by 22% in 1Q 2017.DTH subscribers reached 161k in 1Q.

+ 11%

+ 22%

849KSKY subscribers exclusive offerings

One Sky Sky MobiFly Away

1Q 2016 1Q 2017

Iwant TV TFC.TV

Activity PlatformNo. of

Subscribers

Watching 770,898

Watching

(Overseas)62,912

Watching 6,861

Listening and

watching51,668

Reading 1,071,643

Movie

CommunityComing soon

606

1,089

1Q 2016 1Q 2017

iWant TV and TFC.tv has 7Mcombined active subscribers to date spending an average of 320 minutes

per month

ABS-CBN.com remains the #1 Philippine based website across all categories in the Philippines

ABS-CBN digital properties

generated Php107M revenue in

2017, 26% up vs. last year, driven

mainly by news and corporate website

ABS-CBN Mobile ended the year

with over 1 million subscriber count

and over 5,000 activations

Digital and Interactive Media

ABS-CBN Mobile subscribers

6.9M +80%+35%

5.1M

59K 63K

Advertisers’ Choice

Advertisers’ Choice

Our events bring the ABS experience closer

to our audiences with over 80M revenues

generated in 1Q.

Generated P119M in total revenue in 1Q 2017,

77k attendance as of March. A total of 66 role

playing establishments with 115 activities.

Summer Promos

Consumer Products and Experiences

208

241

1Q 2016 1Q 2017

O-Shopping Revenue

• Continuously offers new products and promos to assure quality home TV shopping and online experience

• Generated P241M in

revenues, 15% higher

than 1Q 2016.

ABS-CBN Store now expanding distribution to

various pop-up stores across the metro.

Consumer Products and Experiences

+ 15%

Store Locations

Trinoma

Fishermall

Glorietta

Robinsons Ermita

Robinsons Imus

Spent Php 1.7B out of the Php 8.0B budget for 2017

Capital Expenditures

6,338

8,779

5,258

7,715

12,060

7,715 + 47%

69 1,077

486

3,302

1,103

3,647

1Q 2017 2017 BUDGET

Program Rights Cable, Satellite & Broadband Digital initiatives, Maintenance & Others

8,026

1,658

Balance Sheet Highlights

72,73471,568

2016 1Q 2017

Total Assets

20,472 20,394

2016 1Q 2017

Total Borrowings

31,69230,952

2016 1Q 2017

Equity

Ratios 2016 1Q 2017

Current 2.02 2.02

Debt-to-Equity 0.65 0.66

Net Debt-to-Equity 0.30 0.33

Except for historical and operating data and other information of historical matters, the statementscontained herein are “forward-looking statements”. The words “believe”, “intend”, “plan”, “anticipate”,“continue”, “estimate”, “expect”, “may”, “will” or other similar words are frequently used to indicate theseforward looking statements. Any such forward-looking statement is not a guarantee of future performanceand involves a number of known and unknown risks, uncertainties and other factors that could cause theactual performance, financial condition or results of operation of ABS-CBN to be materially different fromany future performance, financial condition or results of operation implied by such forward-lookingstatement.