euNetworks Group Limited

Corporate Overview

Key to our growth and development are our company values.

We are here for our customers. We understand that they put their trust in us and we never forget it.

We speak one truth. Our truth.

We respect and trust one another and all of our stakeholders.

We demonstrate integrity in everything we do.

We are in the game, not just at the game. As one team.

euNetworks Group Limited is a facilities based provider of Ethernet and Internet Protocol (IP) services. We operate in a sub segment of the telecommunications industry defined as bandwidth infrastructure. Today we own 15 fibre based metropolitan networks across Europe, connected with a high capacity intercity backbone. Our unique inventory of fibre and duct assets are tailored to fulfil the high bandwidth needs of enterprises and carriers. euNetworks Group Limited is headquartered in London, United Kingdom and is publicly listed on the Singapore stock exchange (SGX: H23:SI).

As a bandwidth infrastructure provider, euNetworks operates in a segment characterised by a horizontally integrated business strategy, high barriers to entry and unique assets- namely deep metro assets, with infrastructure capable of provisioning up to 15,000 fibres in key cities. In today's market, replicating these assets would be incredibly complex and costly due to both capital and regulatory requirements. With growing demand for high capacity end-to-end connectivity for access to data management, storage and applications, euNetworks sees rapidly growing demand and the opportunity for growing and predictable recurring revenues. We require significant capital to operate at scale which leads to high operating leverage and ultimately, delivering high free cash flow.

euNetworks has high-density last mile fibre networks in 15 major European cities, with 13 of these operational today. These are Berlin, Hamburg, Düsseldorf, Cologne, Frankfurt, Stuttgart, Munich, Amsterdam, Rotterdam, The Hague, Paris, London and Dublin. These deep metropolitan networks are fundamental to the value we deliver to our customers. They are also the cornerstone for our development and our ability to scale in line with market and customer demand. These metropolitan networks are connected with our high capacity long haul intercity backbone linking the United Kingdom, Belgium, the Netherlands, France and Germany.

We serve large bandwidth consuming companies on or near our fibre. Carrier customers include telecom, cable, mobile and Internet service providers. Enterprise customers include web-centric businesses, financial services, media, healthcare, legal, and manufacturing entities. The euNetworks product portfolio includes dark fibre, dedicated fibre, wavelength, Ethernet and Internet services. Segment specific solutions such as euTrade ensure tailored bundling of the product set to meet specific vertical requirements.

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