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APX Group Holdings, Inc. 1st Quarter 2018 ResultsMay 15, 2018

This presentation includes forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995, including but not limited to, statements of APX Group Holdings, Inc. (theCompany, Vivint, we, our, or us related to the performance of our business, our financial results, our liquidity and capital resources, our plans, strategies and prospects, both businessand financial and other non-historical statements. Forward-looking statements convey the Companys current expectations or forecasts of future events. All statements contained in thispresentation other than statements of historical fact are forward-looking statements. These statements are based on the beliefs and assumptions of our management. Although we believe thatour plans, intentions and expectations reflected in or suggested by these forward-looking statements are reasonable, we cannot assure you that we will achieve or realize these plans, intentionsor expectations. Forward-looking statements are inherently subject to risks, uncertainties and assumptions. These statements may be preceded by, followed by or include the words believes,estimates, expects, projects, forecasts, may, will, should, seeks, plans, scheduled, anticipates or intends or similar expressions.

Forward-looking statements are not guarantees of performance. You should not put undue reliance on these statements which speak only as of this date hereof. You should understand that thefollowing important factors could affect our future results and could cause those results or other outcomes to differ materially from those expressed or implied in our forward-looking statements:(1) risks of the smart home and security industry, including risks of and publicity surrounding the sales, subscriber origination and retention process; (2) the highly competitive nature of the smarthome and security industry and product introductions and promotional activity by our competitors; (3) litigation, complaints or adverse publicity; (4) the impact of changes in consumer spendingpatterns, consumer preferences, local, regional, and national economic conditions, crime, weather, demographic trends and employee availability; (5) adverse publicity and product liabilityclaims; (6) increases and/or decreases in utility and other energy costs, increased costs related to utility or governmental requirements; (7) cost increases or shortages in smart home andsecurity technology products or components; (8) the introduction of unsuccessful new products and services; (9) privacy and data protection laws, privacy or data breaches, or the loss of data;and (10) the impact to our business, results of operations, financial condition, regulatory compliance and customer experience of the Vivint Flex Pay plan and the Best Buy Smart Home poweredby Vivint Program. In addition, the origination and retention of new subscribers will depend on various factors, including, but not limited to, market availability, subscriber interest, the availabilityof suitable components, the negotiation of acceptable contract terms with subscribers, local permitting, licensing and regulatory compliance, and our ability to manage anticipated expansion andto hire, train and retain personnel, the financial viability of subscribers and general economic conditions. These and other factors that could cause actual results to differ from those implied by theforward-looking statements in this presentation are more fully described in the Risk Factors section of our most recent annual report on Form 10-K, as such factors may be updated from timeto time in our periodic and other filings with the Securities Exchange Commission. These risk factors should not be construed as exhaustive. We disclaim any obligations to and do not intend toupdate the above list or to announce publicly the results of any revisions to any of the forward-looking statements to reflect future events or developments. All forward-looking statementsattributable to us or persons acting on our behalf are expressly qualified in their entirety by the foregoing cautionary statements. We undertake no obligations to update or revise publicly anyforward-looking statements, whether a result of new information, future events, or otherwise.

forward-looking statements

2

non-GAAP financial measures

3

This presentation includes Adjusted EBITDA, which is a supplemental measure that is not required by, or presented in accordance with, accounting principles generally accepted in the UnitedStates (GAAP).

Adjusted EBITDA is defined as net income (loss) before interest expense (net of interest income), income and franchise taxes and depreciation and amortization (including amortization ofcapitalized subscriber acquisition costs), further adjusted to exclude the effects of certain contract sales to third parties, non-capitalized subscriber acquisition costs, stock based compensationand certain unusual, non-cash, non-recurring and other items permitted in certain covenant calculations under the indentures and other agreements governing our notes and the credit agreementgoverning our revolving credit facility.

We believe that the presentation of Adjusted EBITDA is appropriate to provide additional information to investors about the calculation of, and compliance with, certain covenants in the indenturesand other agreements governing our notes and the credit agreement governing our revolving credit facility. We caution investors that amounts presented in accordance with our definition ofAdjusted EBITDA may not be comparable to similar measures disclosed by other issuers, because not all issuers and analysts calculate Adjusted EBITDA in the same manner.

Adjusted EBITDA is not a measurement of our financial performance under GAAP and should not be considered as an alternative to net income (loss) or any other performance measures derivedin accordance with GAAP or as an alternative to cash flows from operating activities as a measure of our liquidity.

See Annex A of this presentation for a reconciliation of Adjusted EBITDA to net loss for the Company, which we believe is the most closely comparable financial measure calculated in accordancewith GAAP. Adjusted EBITDA should be considered in addition to and not as a substitute for, or superior to, financial measures presented in accordance with GAAP.

participants

Todd PedersenChief Executive Officer

Alex DunnPresident

Mark DaviesChief Financial Officer

Dale R. GerardSVP, Finance & Treasurer

4

Fundamentals of core business are healthy Customer adoption healthy, New Subscriber growth of

41%

Platform retention continues to improve

Service margins remain strong

Continue to learn in the retail space

Smart home market continues to evolve Larger entrants increase customer awareness

Service-based models appear to own profit pools

Smart home as a service only route to customer experience

15+ devices require in-home consultation, installation and on-going support

first quarter 2018 overview

net service margin69%

$257M LTM upfront proceeds at point of sale

10.7% low and improving Attrition Rate

$246.6M total revenue

55K New Subscribers

5

comparison of ASC 605 versus ASC 606

6

(1) Revenue on contracts with initial term less than 36 months (primarily month-to-month contracts) recognized over 3 years

ASC 605 ASC 606Revenue:

Equipment - Initial Install (1) 15 years Initial contract termMonthly Service Revenue Monthly MonthlyUpgrades/Moves Upon invoicing Remaining contract termOther Upon invoicing Remaining contract term

Costs:Capitalized Contract Costs 15 years 5 yearsUpgrades/Moves Upon invoicing 5 years

Recognition Period

revenue and adjusted EBITDA(1)

Quarters Ended March 31, ($ in Millions)

Adjusted EBITDA(1)

Growth: 17.8% 15.9% 20.1% Growth: 12.3% 6.5%

Total Revenues

(1) A reconciliation of Adjusted EBITDA to GAAP Net Loss is included in Annex A of this presentation(2) Historical Accounting Method removes the impact of the adoption of Financial Accounting Standards Board (FSAB) Accounting

Standard Codification (ASC) Topic 606, Revenue From Contracts with Customers (Topic 606) and is comparable to 1Q17 7

$174.3

$205.4

$238.0 $246.6

2016 2017 2018 2018Historical

Accounting Method (2)

$102.8

$115.4

$122.9

2016 2017 2018

$57.17 $59.53 $60.77

$62.97

2016 2017 2018 2018

smart home subscriber portfolio data(1)

8

As of March 31,

Total Subscribers

1,018,397

1,151,453

1,313,742

2016 2017 2018

($ in Millions)Total Monthly Revenue AMRU

(1) Excludes wireless internet business and pilot sales channel initiatives

(2) Historical Accounting Method removes the impact of the adoption of Topic 606 and is comparable to 1Q17

$58.1

$68.5

$79.3 $82.2

2016 2017 2018 2018

Growth: 13.1% 14.1% Growth: 17.9% 15.8% 20.0% Growth: 4.1% 2.1% 5.8%

Historical Accounting Method (2)

Historical Accounting Method (2)

19,377 14,794 16,411

22,453 24,498

31,108

7,983

2016 2017 2018

DTH NIS Retail

Vivint Flex Pay Mix(2) (US Only)New Subscribers

new subscribers(1)

9

Three Month Period ended March 31,

41,830 39,292

Average product and installation sales of $1,300 across channels 98% of Customer Financing and RIC New Subscribers executed 5-

year contracts ~$46 million in up front proceeds in 1Q

(1) Excludes wireless internet business and pilot sales channel initiatives(2) Paid in Full includes New Subscribers from Large Format Retail Sales Channel

52%61%

41% 47%

1%

7%

8%34% 26%

56%

43% 41%31% 25% 27%

0%

10%

20%

30%

40%

50%

60%

70%

80%

90%

100%

1Q17 2Q17 3Q17 4Q17 1Q18

CF Paid In Full Legacy RICGrowth: (6.1%) 41.3%

55,502

service and subscriber acquisition costs(1)

10

Net Subscriber Acquisition Costs per New SubscriberLTM Ended March 31,

Net Service Costs per User and Net Service MarginQuarters Ended March 31,


Net

Serv

ice

Cos

ts

$1,356 Net Subscriber Acquisition Costs per New Subscriber, excluding Large Format Retail

$957 - Average proceeds collected at point of sale, ~$835 year-over-year increase

$15.95

$17.04

2017 2018

$2,021

$1,488

2017 2018

Key Drivers Focused Investments in subscriber service levels and overall

experience Net Promoter Score Increase in the number of smart home devices per customer

Net Service Margin 72.2% 68.4%

10.7%Annualized

Attrition

12.6% Annualized

Attrition

12.0% Annualized

Attrition

Attrition Rate(1)

11

~ 13% of portfolio reaching initial end of contract term during 2018 2013 60-mo contracts 2014 42-mo contracts (4Q17 1Q18) 2015 42-mo contracts (4Q18 1Q19)

LTM Quarterly Attrition Rate

12.0%11.5% 11.3%

11.0% 10.7%

Q1 2017 Q2 2017 Q3 2017 Q4 2017 Q1 2018


2018 objectivesEnterprise scale and productivity

Subscriber acquisition costs and channel expansion investments

Service Costs and operating margins

G&A scaling

Subscriber credit profile and credit-based pricing

Capital Structure

Short-term maturities and growth capital

Subscriber growth and market share

Direct to Home and Inside Sales

Retail assisted sales

Vivint platform and Smart Home as a Service is well positioned for market growth and competitive success.

12

Q&A

13

APX Group Holdings, Inc.

First Quarters Ended March 31, 2018 and 2017

14

Consolidated Financial Statements

condensed consolidated balance sheets

15

APX Group Holdings, Inc. and Subsidiaries(In thousands)(Unaudited)

March 31, December 31,2018 2017

ASSETSCurrent Assets:

Cash and cash equivalents 3,473$ 3,872$ Accounts and notes receivable, net 41,452 40,721 Inventories 109,236 115,222 Prepaid expenses and other current assets 17,155 16,150

Total current assets 171,316 175,965

Property, plant and equipment, net 79,644 78,081 Capitalized contract costs, net 1,008,325 Subscriber acquisition costs, net - 1,308,558 Deferred financing costs, net 2,839 3,099 Intangible assets, net 323,233 377,451 Goodwill 836,300 836,970 Long-term notes receiveables and other assets, net 97,638 88,723

Total assets 2,519,295$ 2,868,847$

LIABILITIES AND STOCKHOLDERS DEFICITCurrent Liabilities:

Accounts payable 76,131$ 107,347$ Accrued payroll and commissions 37,349 57,752 Accrued expenses and other current liabilities 124,344 74,321 Deferred revenue 142,985 88,337 Current portion of capital lease obligations 10,637 10,614

Total current liabilities 391,446 338,371

Notes payable, net 2,761,380 2,760,297 Revolving Credit Facility 77,000 60,000 Capital lease obligations, net of current portion 11,065 11,089 Deferred revenue, net of current portion 229,978 264,555 Other long-term obligations 61,842 79,020 Deferred income tax liabilities 8,819 9,041

Total liabilities 3,541,530 3,522,373

Total stockholders deficit (1,022,235) (653,526) Total liabilities and stockholders deficit 2,519,295$ 2,868,847$

consolidated statements of operations

16


2018 2017

Revenues:Recurring and other revenue 246,597$ 196,858$ Service and other sales revenue - 5,391 Activation fees - 3,104

Total revenues 246,597 205,353

Costs and expenses:Operating expenses 83,760 71,352 Selling expenses 59,243 34,798 General and administrative expenses 50,967 38,861 Depreciation and amortization 124,258 76,869

Total costs and expenses 318,228 221,880 Loss from operations (71,631)$ (16,527)$

Other expenses (income):Interest expense 58,790 53,681 Interest income (31) (57) Other loss, net (45,240) 12,066

Total other expenses 13,519 65,690

Loss before income taxes (85,150) (82,217)

Income tax (benefit) expense (433) 419

Net loss (84,717)$ (82,636)$

Three Months Ended March31,

summary of consolidated statements of cash flows

17


2018 2017

Net cash used in operating activities (59,582)$ (6,153)$ Net cash provided by (used in) investing activities 46,586 (8,036) Net cash provided by financing activities 12,616 7,901 Effect of exchange rate changes on cash (19) (7)

Net decrease in cash and cash equivalents (399)$ (6,295)$

Cash and cash equivalents:Beginning of period 3,872 43,520 End of period 3,473$ 37,225$

Three Months Ended March 31,

APX Group Holdings, Inc. Annex A

18

reconciliation of non-GAAP financial measures APX Group

19

($ in Millions)

i. Gain on sale of spectrum intangible assets during the three months end March 31, 2018.ii. Excludes loan amortization costs that are included in interest expense.iii. Reflects subscriber acquisition cost that are expensed as incurred because they are not directly related to the acquisition of specific subscribers.

Certain other industry participants purchase subscribers through subscriber contract purchases, and as a result, may capitalize the full cost to purchase these subscribers contracts, as compared to our organic generation of new subscribers, which requires us to expense a portion of our subscriber acquisition costs under GAAP.

iv. Reflects non-cash compensation costs related to employee and director stock and stock option plansv. Other adjustments including items such as product development costs, subcontracted monitoring fee savings, non-recurring gain,

and other adjustments. vi. Adjustment to eliminate the impact of the Companys adoption of Accounting Standards Codification Topic 606, Revenue from Contracts with Customers.

2018 2017 2016Net loss $ (84.7) $ (82.6) $ (45.1)

Interest expense, net 58.8 53.6 45.4 Other expense, net 5.1 12.0 (5.1)Gain on sale of spectrum(i) (50.4) - - Income tax expense (benefit), net (0.4) 0.4 1.1 Restructuring and asset impairment - - - Depreciation and amortization (ii) 28.9 30.0 33.2 Amortization of capitalized contract costs 95.4 46.9 27.4 Non-capitalized contract costs (iii) 70.9 43.3 36.0 Non-cash compensation (iv) 0.2 0.4 0.4 Other Adjustments (v) 12.0 11.4 9.5 Adjustment for change in accounting principle (Topic 606)(vi) (12.9) - -

Adjusted EBITDA $ 122.9 $ 115.4 $ 102.8

Three Months Ended March 31,

Summary View of Q3 2017

Consolidated Financial Statements

Q3 2016Q3 2017YOY %

Income Statement - $ in 000's

Revenue

Recurring Revenue & RIC177,585206,69216.4%

CF Revenues- 01,0800.0%

Up Front Fees2,5093,46538.1%

Upgrade Fees3,9483,771-4.5%

Servicing & Move Fees1,2261,62932.9%

Other Revenue8381,05525.9%

Less Refunds & Adjustments(5,300)(3,957)-25.3%

Total Revenue198,335228,66815.3%

Customer Costs:

COGS & Service Costs101,505135,708

Expensed Creation Costs76,83784,439

Total Customer Costs178,342220,147

General & Administrative Expenses32,79544,788

Bad Debt Expense4,9344,339

Total Operating Expenses37,72949,127

Income (Loss) from Operations(17,736)(40,606)

Other Income (Expense)

Other Income 5517,238

Contract Cost Amortization and Attrition(38,589)(49,504)

Interest Expense & Bank Fees51,962(58,005)

Depreciation(4,119)(5,621)

Amortization(29,303)(24,798)

Other Expense

Total Other Income (Expense)(19,497)(130,689)

Income (Loss) Before Income Taxes(37,233)(171,295)

Provision for Income Taxes (Gain)(145)1,253

Net Income (Loss)(89,722)(170,042)

Adjusted EBITDA

GAAP Net Income(89,722)(81,365)

Interest47,43654,829

Taxes(449)13

Depreciation4,1195,621

Amortization67,89274,301

EBITDA29,27653,400

Plus Expensed Creation Costs51,48458,894

Plus Stock Based Compensation2,705404

Covenant Add-Backs21,5759,613

Adjusted EBITDA105,040122,31116.4%

Balance Sheet - $ in 000's

Assets

Cash and cash equivalents192,439115,567

Restricted Cash- 0- 0

Accounts Receivable10,29634,315

Inventory58,34099,185

Prepaid Expenses and Other Current Assets13,49319,747

Property & Equipment (Net)58,13072,920

Subscriber Contracts1,046,4061,274,607

Deferred financing costs, net4,9273,373

Customer relationships473,693402,961

Long-term investments and other assets10,39583,693

Goodwill835,826837,210

Total Assets2,703,9452,943,578

Liabilities

Accounts Payable58,32679,280

Residual Payable- 0- 0

Accrued Compensation Payable110,273103,456

Accrued Interest Payable81,22298,053

Intercompany Payable- 0- 0

Deferred Revenue (current portion)46,64083,554

Other Current Liabilities9,07510,063

Notes Payable2,484,6712,759,200

Contra Notes Payable- 0- 0

Revolver(0)- 0

Capital Leases (LT portion)8,6658,220

Deferred Revenue (LT portion)57,291228,584

Other Long-Term Liabilities22,34288,057

Total Liabilities2,878,5053,458,467

Total Equity(174,560)(514,889)

Total Liabilities and Equity2,703,9452,943,578

Cash Flow Statement - $ in 000's

Cash Flows from Operating Activities

Net Loss(69,974)(107,102)

Amortization of subscriber contract costs43,33860,659

Depreciation and amortization33,49923,780

Amortization of deferred financing costs2,5401,557

Loss (gain) on disposal of assets(120)108

Equity based compensation508401

Deferred income taxes(301)181

Accounting adjustments for non-cash entries14,240(9,638)

Changes in operating assets and liabilities:

Accounts receivable(6,848)(12,114)

Inventories31,04413,414

Prepaid expenses and other assets(2,335)(4,966)

Subscriber contract costs - operating(151,593)(154,102)

Accounts payable(48,363)(35,558)

Accrued expenses and other liabilities91,970116,916

Deferred revenue9,17990,457

Net cash used in operating activities(53,216)(16,007)

Cash Flows from Investing Activities

Subscriber contract costs(3,166)- 0

Acquisition of intangible assets(284)(314)

Capital Expenditures(2,379)(3,407)

Change in Restricted cash- 0- 0

Other Assets853(57)

Net cash used in investing activities(4,976)(3,778)

Cash Flows from Financing Activities

Proceeds from notes payable104,000250,000

Proceeds from share issuance30,607- 0

Repayments of revolving line of credit- 0(100,000)

Repayments of capital lease obligations(2,025)(2,449)

Repayments of other long-term obliations- 0(901)

Payments of financing costs-662.0-8311.0

Payments of deferred financing costs(2,654)(4,539)

Net cash provided by financing activities129,266133,800

Effect of exchange rate changes on cash(41)82

Increase (decrease) in cash71,033114,097

Cash:

Beginning of period120,8941,470

End of period191,927115,567

Selected Operating StatisticsQ3 2017

RMR (from Roll Forward) in Millions of Dollars69.90

Subscriber Metrics

Average RMR of Subscribers Added$61.08

Net # Subscribers Added During Year260,953

Number of Subscribers at September 301,270,478

Annual Attrition Rate (net)11.3%

Servicing Costs - Net of Svc Revenue

in Millions of Dollars

per Subscriber per Month$15.31

Net Creation Costs - Total

in Million of Dollars*125.80

$ per net add*$1,355

as Multiple of RMR*22.8x

General & Administrative Costs (Net)

in Millions of Dollars31.47

as Percent of Total Revenues15.0%

GRAPHS

01 Support Data Folder

3/31/17TRUEJul-05Jul-05Jul-05Jul-05Jul-05Jul-05Jul-05Jul-05Jul-05Jul-05Jul-05Jul-05Jul-05Jul-05Jul-05Jul-05Jul-05Jul-05Jul-05Jul-05Jul-05Jul-05Jul-05Jul-05Jul-05Jul-05Jul-05

Key Operating Results

Revenue

QTDYTD

175.0204.5235.831.3653.7757.9882.0124.1

16.9%15.3%15.9%16.4%

RevenueQ1Q2Q3Q4Year

201165.978.082.586.0$ 339.9

201298.1111.8124.6120.7$ 455.2

2013124.4114.3129.5132.7$ 500.9

2014$ 130.2$ 134.2$ 146.9$ 152.4$ 563.7

2015$ 152.2$ 157.9$ 168.6$ 175.0$ 653.7

2016$ 174.3$ 180.8$ 198.3$ 204.5$ 757.9

2017$ 882.0

YoY %16.4%

CAGR15.19%

ADJ EBITDAAVG UPFRONT REVNUEAVG UPFRONT REVNUE

QTDYTDQTDChangeTTMChange

101.5118.3125.9387.2444.1490.446.3$ 98.31$ 902.06$ 803.75$ 113.16$ 803.95$ 690.79

16.6%6.4%14.7%10.4%

Adj'd EBITDAQ1Q2Q3Q4LTM

2012

201365.968.877.779.8$ 292.3

2014$ 77.9$ 68.6$ 78.8$ 84.1$ 309.4

2015$ 89.5$ 93.4$ 102.7$ 101.5$ 387.1

2016$ 102.8$ 105.0$ 118.0$ 118.3$ 444.1

2017$ 490.3

YoY %10.4%

CAGR13.80%

Service & Creation CostFROM SUBSCRIBER DATA TABLESFROM SUBSCRIBER DATA TABLESFROM SUBSCRIBER DATA TABLESFROM SUBSCRIBER DATA TABLESFROM SUBSCRIBER DATA TABLESFROM SUBSCRIBER DATA TABLES

Net Service CostQTDNet Service CostYTDNet Service CostTTMNet SACQTDNet SACYTDNet SACTTMNet SAC $QTDNet SAC $YTDNet SAC $TTM

$ 14.84$ 16.30$ 14.72$ 15.69$ 14.72$ 15.6933.0x30.3x29.9x25.9x29.9x25.9x4.0$ 2,690$ 2,135$ 555$ 1,996$ 1,573$ 1,996$ 1,573$ 528

74.2%70.4%73.7%72.1%73.7%72.1%REVAug-00Oct-02Mar-02REVMay-00Apr-02Nov-01

New SH Sub OriginationsQTDNew SH Sub OriginationsYTDQTDYTD`QTDYTDQTDFlex Pay DataYTD

New SubsNew SubsAvg Monthly Revenue per New UserAvg Monthly Revenue per New UserAMSRNUAMSRNUFinancing MIXFinancing MIX

Total33,16239,80552,342Total236,562277,241279,735273,490$ 61.30$ 68.85$ 67.42$ (1.43)$ 61.65$ 66.89$ 67.91$ 1.02$ 61.30$ 68.85$ 48.28$ (20.57)$ 61.65$ 66.89$ 50.10$ (16.79)CitizensRICPIFCitizensRICPIFLegacy

DTH11,19710,8607,462DTH170,691176,206146,32412.3%-2.1%8.5%1.5%12.3%-29.9%8.5%-25.1%US ONLY51.0%32.8%16.2%0.0%US ONLY44%40%8%7%

NIS21,96528,94533,253NIS65,871101,035115,539279,73526,694.4217,168.188,479.40- 0114,000104,00021,00019,000258,000

Retail11,62717,8726,245

20.0%31.5%17.2%0.9%-1.4%

-3.0%-31.3%3.2%-17.0%

31.8%14.9%53.4%14.4%

NEW SUBSQ1Q2Q3Q4Year

Total2012180,347

201325,89194,39578,30920,439219,034

201425,00484,69573,22021,545204,464

201525,80989,18588,40633,162236,562

201641,830101,33494,27239,805277,241

2017261,863

YoY %-5.5%

DTH2012144,268

201313,32782,53765,5776,590168,031

201413,67273,42061,1077,196155,395

201513,92175,28370,29011,197170,691

201619,37778,28767,68210,860176,206

2017146,324

YoY %-17.0%

IS201236,079

201312,56411,85812,73213,84951,003

201411,33211,27512,11314,34949,069

201511,88813,90218,11621,96565,871

201622,45323,04726,59028,945101,035

2017115,539

YoY %14.4%

Channel Partners

Jul-051,7831,3921,7872,4557,417

Jul-052,7982,9454,5376,15016,430

Jul-056,6406,9978,4258,77830,840

2017E

YoY %-100.0%

Total Subs

2011461,257521,046565,691562,006

2012568,984643,199681,834671,818

2013680,857754,304803,413795,500

2014791,571851,129899,174894,175

2015890,125955,1621,015,2671,013,917

20161,018,3971,088,9091,142,5711,146,746

20171,292,698

14.30%

SH Sub PortfolioMonthly RevenueAvg Monthly Revenue per User

Product & Other$ - 0$ - 0$ 4.4Monthly Service RevenueTotal Subs145,952wo BBY$ - 0$ - 0$ 3.30Avg Monthly Service Billings per User

Service $ 55.7$ 65.6$ 71.0$ 55.7$ 65.6$ 71.01,013,9171,146,7461,292,6981,275,377$ 54.92$ 57.23$ 54.92$ - 0$ 54.92$ 57.23$ 54.85

17.8%8.2%17.8%8.2%13.1%12.7%4.2%-4.0%4.2%-4.2%

LTM Quarterly Attrition

12/31/153/31/166/30/169/30/1612/31/163/31/176/30/179/30/179/30/17

Q4 2015Q1 2016Q2 2016Q3 2016Q4 2016Q1 2017Q2 2017Q3 2017Q4 2017

12.2%12.6%12.9%12.9%12.6%12.0%11.5%11.3%11.0%

201520162017175204.5235.8

Service

20152016201755.765.59999999999999471Product & Other

004.4000000000000004

20152016201754.9257.2354.92

003.3

Q4 2016Q1 2017Q2 2017Q3 2017Q4 20170.126436419326552810.120172920990935820.115386410965332130.11273980835139270.11

CitizensRICPIFLegacy0.441860465116279080.403100775193798448.1395348837209308E-27.3643410852713184E-2

20152016201754.9257.2354.85

20152016201755.765.59999999999999471

20152016201761.368.85060285300124948.28

201620173330.3

DTH

201520162017170691176206146323.99999997896NIS

65871101035115539.0000000321Retail

17872

20152016201761.6566.8967.91

201520162017653.70000000000005757.9882

20152016201761.6566.8950.1

CitizensRICPIF0.510.328000000000000010.162000000000000010

2016201714.7215.69

201620172689.982135.04

2016201719961573.48

2016201729.925.9

2016201719961573.48

2016201729.925.9

2016201798.309999999999945902.06

20162017113.16000000000008803.95

201520162017101.5118.3125.9

DTH

20122013201420152016144268168031155395170691176206IS

2012201320142015201636079510034906965871101035

20132014201520162017795500894175101391711467461292698

20132014201520162017500.90832037476656563.69999999999993653.70000000000005757.90000000000009882

20132014201520162017292.3309.41499999999996387.1444.1490.3

201520162017387.2444.1490.4

2016201714.8416.3

2016201714.7215.69

20152016201761.29531253453840468.85060285300124967.42

DTH

20152016201711197108607462NIS

201520162017219652894533253Retail

20152016201711627

201520162017101391711467461292698

201520162017175204.5235.8

Service

20152016201755.765.59999999999999471Product & Other

004.4000000000000004

20152016201754.9257.2354.92

003.3

Q4 2016Q1 2017Q2 2017Q3 2017Q4 20170.126436419326552810.120172920990935820.115386410965332130.11273980835139270.11


20152016201754.9257.2354.85

20152016201755.765.59999999999999471

20152016201761.368.85060285300124948.28

201620173330.3

DTH

201520162017170691176206146323.99999997896NIS

65871101035115539.0000000321Retail

17872

20152016201761.6566.8967.91

201520162017653.70000000000005757.9882

20152016201761.6566.8950.1

CitizensRICPIF0.510.328000000000000010.162000000000000010

2016201714.7215.69

201620172689.982135.04

2016201719961573.48

2016201729.925.9

2016201719961573.48

2016201729.925.9

2016201798.309999999999945902.06

20162017113.16000000000008803.95

201520162017101.5118.3125.9

DTH

20122013201420152016144268168031155395170691176206IS

2012201320142015201636079510034906965871101035

20132014201520162017795500894175101391711467461292698

20132014201520162017500.90832037476656563.69999999999993653.70000000000005757.90000000000009882

20132014201520162017292.3309.41499999999996387.1444.1490.3

201520162017387.2444.1490.4

2016201714.8416.3

2016201714.7215.69

20152016201761.29531253453840468.85060285300124967.42

DTH

20152016201711197108607462NIS

201520162017219652894533253Retail

20152016201711627

201520162017101391711467461292698

201520162017175204.5235.8

Service

20152016201755.765.59999999999999471Product & Other

004.4000000000000004

20152016201754.9257.2354.92

003.3

Q4 2016Q1 2017Q2 2017Q3 2017Q4 20170.126436419326552810.120172920990935820.115386410965332130.11273980835139270.11


20152016201754.9257.2354.85

20152016201755.765.59999999999999471

20152016201761.368.85060285300124948.28

201620173330.3

DTH

201520162017170691176206146323.99999997896NIS

65871101035115539.0000000321Retail

17872

20152016201761.6566.8967.91

201520162017653.70000000000005757.9882

20152016201761.6566.8950.1

CitizensRICPIF0.510.328000000000000010.162000000000000010

2016201714.7215.69

201620172689.982135.04

2016201719961573.48

2016201729.925.9

2016201719961573.48

2016201729.925.9

2016201798.309999999999945902.06

20162017113.16000000000008803.95

201520162017101.5118.3125.9

DTH

20122013201420152016144268168031155395170691176206IS

2012201320142015201636079510034906965871101035

20132014201520162017795500894175101391711467461292698

20132014201520162017500.90832037476656563.69999999999993653.70000000000005757.90000000000009882

20132014201520162017292.3309.41499999999996387.1444.1490.3

201520162017387.2444.1490.4

2016201714.8416.3

2016201714.7215.69

20152016201761.29531253453840468.85060285300124967.42

DTH

20152016201711197108607462NIS

201520162017219652894533253Retail

20152016201711627

201520162017101391711467461292698

201520162017175204.5235.8

Service

20152016201755.765.59999999999999471Product & Other

004.4000000000000004

20152016201754.9257.2354.92

003.3

Q4 2016Q1 2017Q2 2017Q3 2017Q4 20170.126436419326552810.120172920990935820.115386410965332130.11273980835139270.11


20152016201754.9257.2354.85

20152016201755.765.59999999999999471

20152016201761.368.85060285300124948.28

201620173330.3

DTH

201520162017170691176206146323.99999997896NIS

65871101035115539.0000000321Retail

17872

20152016201761.6566.8967.91

201520162017653.70000000000005757.9882

20152016201761.6566.8950.1

CitizensRICPIF0.510.328000000000000010.162000000000000010

2016201714.7215.69

201620172689.982135.04

2016201719961573.48

2016201729.925.9

2016201719961573.48

2016201729.925.9

2016201798.309999999999945902.06

20162017113.16000000000008803.95

201520162017101.5118.3125.9

DTH

20122013201420152016144268168031155395170691176206IS

2012201320142015201636079510034906965871101035

20132014201520162017795500894175101391711467461292698

20132014201520162017500.90832037476656563.69999999999993653.70000000000005757.90000000000009882

20132014201520162017292.3309.41499999999996387.1444.1490.3

201520162017387.2444.1490.4

2016201714.8416.3

2016201714.7215.69

20152016201761.29531253453840468.85060285300124967.42

DTH

20152016201711197108607462NIS

201520162017219652894533253Retail

20152016201711627

201520162017101391711467461292698

201520162017175204.5235.8

Service

20152016201755.765.59999999999999471Product & Other

004.4000000000000004

20152016201754.9257.2354.92

003.3

Q4 2016Q1 2017Q2 2017Q3 2017Q4 20170.126436419326552810.120172920990935820.115386410965332130.11273980835139270.11


20152016201754.9257.2354.85

20152016201755.765.59999999999999471

20152016201761.368.85060285300124948.28

201620173330.3

DTH

201520162017170691176206146323.99999997896NIS

65871101035115539.0000000321Retail

17872

20152016201761.6566.8967.91

201520162017653.70000000000005757.9882

20152016201761.6566.8950.1

CitizensRICPIF0.510.328000000000000010.162000000000000010

2016201714.7215.69

201620172689.982135.04

2016201719961573.48

2016201729.925.9

2016201719961573.48

2016201729.925.9

2016201798.309999999999945902.06

20162017113.16000000000008803.95

201520162017101.5118.3125.9

DTH

20122013201420152016144268168031155395170691176206IS

2012201320142015201636079510034906965871101035

20132014201520162017795500894175101391711467461292698

20132014201520162017500.90832037476656563.69999999999993653.70000000000005757.90000000000009882

20132014201520162017292.3309.41499999999996387.1444.1490.3

201520162017387.2444.1490.4

2016201714.8416.3

2016201714.7215.69

20152016201761.29531253453840468.85060285300124967.42

DTH

20152016201711197108607462NIS

201520162017219652894533253Retail

20152016201711627

201520162017101391711467461292698

201520162017175204.5235.8

Service

20152016201755.765.59999999999999471Product & Other

004.4000000000000004

20152016201754.9257.2354.92

003.3

Q4 2016Q1 2017Q2 2017Q3 2017Q4 20170.126436419326552810.120172920990935820.115386410965332130.11273980835139270.11


20152016201754.9257.2354.85

20152016201755.765.59999999999999471

20152016201761.368.85060285300124948.28

201620173330.3

DTH

201520162017170691176206146323.99999997896NIS

65871101035115539.0000000321Retail

17872

20152016201761.6566.8967.91

201520162017653.70000000000005757.9882

20152016201761.6566.8950.1

CitizensRICPIF0.510.328000000000000010.162000000000000010

2016201714.7215.69

201620172689.982135.04

2016201719961573.48

2016201729.925.9

2016201719961573.48

2016201729.925.9

2016201798.309999999999945902.06

20162017113.16000000000008803.95

201520162017101.5118.3125.9

DTH

20122013201420152016144268168031155395170691176206IS

2012201320142015201636079510034906965871101035

20132014201520162017795500894175101391711467461292698

20132014201520162017500.90832037476656563.69999999999993653.70000000000005757.90000000000009882

20132014201520162017292.3309.41499999999996387.1444.1490.3

201520162017387.2444.1490.4

2016201714.8416.3

2016201714.7215.69

20152016201761.29531253453840468.85060285300124967.42

DTH

20152016201711197108607462NIS

201520162017219652894533253Retail

20152016201711627

201520162017101391711467461292698

201520162017175204.5235.8

Service

20152016201755.765.59999999999999471Product & Other

004.4000000000000004

20152016201754.9257.2354.92

003.3

Q4 2016Q1 2017Q2 2017Q3 2017Q4 20170.126436419326552810.120172920990935820.115386410965332130.11273980835139270.11


20152016201754.9257.2354.85

20152016201755.765.59999999999999471

20152016201761.368.85060285300124948.28

201620173330.3

DTH

201520162017170691176206146323.99999997896NIS

65871101035115539.0000000321Retail

17872

20152016201761.6566.8967.91

201520162017653.70000000000005757.9882

20152016201761.6566.8950.1

CitizensRICPIF0.510.328000000000000010.162000000000000010

2016201714.7215.69

201620172689.982135.04

2016201719961573.48

2016201729.925.9

2016201719961573.48

2016201729.925.9

2016201798.309999999999945902.06

20162017113.16000000000008803.95

201520162017101.5118.3125.9

DTH

20122013201420152016144268168031155395170691176206IS

2012201320142015201636079510034906965871101035

20132014201520162017795500894175101391711467461292698

20132014201520162017500.90832037476656563.69999999999993653.70000000000005757.90000000000009882

20132014201520162017292.3309.41499999999996387.1444.1490.3

201520162017387.2444.1490.4

2016201714.8416.3

2016201714.7215.69

20152016201761.29531253453840468.85060285300124967.42

DTH

20152016201711197108607462NIS

201520162017219652894533253Retail

20152016201711627

201520162017101391711467461292698

201520162017175204.5235.8

Service

20152016201755.765.59999999999999471Product & Other

004.4000000000000004

20152016201754.9257.2354.92

003.3

Q4 2016Q1 2017Q2 2017Q3 2017Q4 20170.126436419326552810.120172920990935820.115386410965332130.11273980835139270.11


20152016201754.9257.2354.85

20152016201755.765.59999999999999471

20152016201761.368.85060285300124948.28

201620173330.3

DTH

201520162017170691176206146323.99999997896NIS

65871101035115539.0000000321Retail

17872

20152016201761.6566.8967.91

201520162017653.70000000000005757.9882

20152016201761.6566.8950.1

CitizensRICPIF0.510.328000000000000010.162000000000000010

2016201714.7215.69

201620172689.982135.04

2016201719961573.48

2016201729.925.9

2016201719961573.48

2016201729.925.9

2016201798.309999999999945902.06

20162017113.16000000000008803.95

201520162017101.5118.3125.9

DTH

20122013201420152016144268168031155395170691176206IS

2012201320142015201636079510034906965871101035

20132014201520162017795500894175101391711467461292698

20132014201520162017500.90832037476656563.69999999999993653.70000000000005757.90000000000009882

20132014201520162017292.3309.41499999999996387.1444.1490.3

201520162017387.2444.1490.4

2016201714.8416.3

2016201714.7215.69

20152016201761.29531253453840468.85060285300124967.42

DTH

20152016201711197108607462NIS

201520162017219652894533253Retail

20152016201711627

201520162017101391711467461292698

201520162017175204.5235.8

Service

20152016201755.765.59999999999999471Product & Other

004.4000000000000004

20152016201754.9257.2354.92

003.3

Q4 2016Q1 2017Q2 2017Q3 2017Q4 20170.126436419326552810.120172920990935820.115386410965332130.11273980835139270.11


20152016201754.9257.2354.85

20152016201755.765.59999999999999471

20152016201761.368.85060285300124948.28

201620173330.3

DTH

201520162017170691176206146323.99999997896NIS

65871101035115539.0000000321Retail

17872

20152016201761.6566.8967.91

201520162017653.70000000000005757.9882

20152016201761.6566.8950.1

CitizensRICPIF0.510.328000000000000010.162000000000000010

2016201714.7215.69

201620172689.982135.04

2016201719961573.48

2016201729.925.9

2016201719961573.48

2016201729.925.9

2016201798.309999999999945902.06

20162017113.16000000000008803.95

201520162017101.5118.3125.9

DTH

20122013201420152016144268168031155395170691176206IS

2012201320142015201636079510034906965871101035

20132014201520162017795500894175101391711467461292698

20132014201520162017500.90832037476656563.69999999999993653.70000000000005757.90000000000009882

20132014201520162017292.3309.41499999999996387.1444.1490.3

201520162017387.2444.1490.4

2016201714.8416.3

2016201714.7215.69

20152016201761.29531253453840468.85060285300124967.42

DTH

20152016201711197108607462NIS

201520162017219652894533253Retail

20152016201711627

201520162017101391711467461292698

201520162017175204.5235.8

Service

20152016201755.765.59999999999999471Product & Other

004.4000000000000004

20152016201754.9257.2354.92

003.3

Q4 2016Q1 2017Q2 2017Q3 2017Q4 20170.126436419326552810.120172920990935820.115386410965332130.11273980835139270.11


20152016201754.9257.2354.85

20152016201755.765.59999999999999471

20152016201761.368.85060285300124948.28

201620173330.3

DTH

201520162017170691176206146323.99999997896NIS

65871101035115539.0000000321Retail

17872

20152016201761.6566.8967.91

201520162017653.70000000000005757.9882

20152016201761.6566.8950.1

CitizensRICPIF0.510.328000000000000010.162000000000000010

2016201714.7215.69

201620172689.982135.04

2016201719961573.48

2016201729.925.9

2016201719961573.48

2016201729.925.9

2016201798.309999999999945902.06

20162017113.16000000000008803.95

201520162017101.5118.3125.9

DTH

20122013201420152016144268168031155395170691176206IS

2012201320142015201636079510034906965871101035

20132014201520162017795500894175101391711467461292698

20132014201520162017500.90832037476656563.69999999999993653.70000000000005757.90000000000009882

20132014201520162017292.3309.41499999999996387.1444.1490.3

201520162017387.2444.1490.4

2016201714.8416.3

2016201714.7215.69

20152016201761.29531253453840468.85060285300124967.42

DTH

20152016201711197108607462NIS

201520162017219652894533253Retail

20152016201711627

201520162017101391711467461292698

201520162017175204.5235.8

Service

20152016201755.765.59999999999999471Product & Other

004.4000000000000004

20152016201754.9257.2354.92

003.3

Q4 2016Q1 2017Q2 2017Q3 2017Q4 20170.126436419326552810.120172920990935820.115386410965332130.11273980835139270.11


20152016201754.9257.2354.85

20152016201755.765.59999999999999471

20152016201761.368.85060285300124948.28

201620173330.3

DTH

201520162017170691176206146323.99999997896NIS

65871101035115539.0000000321Retail

17872

20152016201761.6566.8967.91

201520162017653.70000000000005757.9882

20152016201761.6566.8950.1

CitizensRICPIF0.510.328000000000000010.162000000000000010

2016201714.7215.69

201620172689.982135.04

2016201719961573.48

2016201729.925.9

2016201719961573.48

2016201729.925.9

2016201798.309999999999945902.06

20162017113.16000000000008803.95

201520162017101.5118.3125.9

DTH

20122013201420152016144268168031155395170691176206IS

2012201320142015201636079510034906965871101035

20132014201520162017795500894175101391711467461292698

20132014201520162017500.90832037476656563.69999999999993653.70000000000005757.90000000000009882

20132014201520162017292.3309.41499999999996387.1444.1490.3

201520162017387.2444.1490.4

2016201714.8416.3

2016201714.7215.69

20152016201761.29531253453840468.85060285300124967.42

DTH

20152016201711197108607462NIS

201520162017219652894533253Retail

20152016201711627

201520162017101391711467461292698

201520162017175204.5235.8

Service

20152016201755.765.59999999999999471Product & Other

004.4000000000000004

20152016201754.9257.2354.92

003.3

Q4 2016Q1 2017Q2 2017Q3 2017Q4 20170.126436419326552810.120172920990935820.115386410965332130.11273980835139270.11


20152016201754.9257.2354.85

20152016201755.765.59999999999999471

20152016201761.368.85060285300124948.28

201620173330.3

DTH

201520162017170691176206146323.99999997896NIS

65871101035115539.0000000321Retail

17872

20152016201761.6566.8967.91

201520162017653.70000000000005757.9882

20152016201761.6566.8950.1

CitizensRICPIF0.510.328000000000000010.162000000000000010

2016201714.7215.69

201620172689.982135.04

2016201719961573.48

2016201729.925.9

2016201719961573.48

2016201729.925.9

2016201798.309999999999945902.06

20162017113.16000000000008803.95

201520162017101.5118.3125.9

DTH

20122013201420152016144268168031155395170691176206IS

2012201320142015201636079510034906965871101035

20132014201520162017795500894175101391711467461292698

20132014201520162017500.90832037476656563.69999999999993653.70000000000005757.90000000000009882

20132014201520162017292.3309.41499999999996387.1444.1490.3

201520162017387.2444.1490.4

2016201714.8416.3

2016201714.7215.69

20152016201761.29531253453840468.85060285300124967.42

DTH

20152016201711197108607462NIS

201520162017219652894533253Retail

20152016201711627

201520162017101391711467461292698

201520162017175204.5235.8

Service

20152016201755.765.59999999999999471Product & Other

004.4000000000000004

20152016201754.9257.2354.92

003.3

Q4 2016Q1 2017Q2 2017Q3 2017Q4 20170.126436419326552810.120172920990935820.115386410965332130.11273980835139270.11


20152016201754.9257.2354.85

20152016201755.765.59999999999999471

20152016201761.368.85060285300124948.28

201620173330.3

DTH

201520162017170691176206146323.99999997896NIS

65871101035115539.0000000321Retail

17872

20152016201761.6566.8967.91

201520162017653.70000000000005757.9882

20152016201761.6566.8950.1

CitizensRICPIF0.510.328000000000000010.162000000000000010

2016201714.7215.69

201620172689.982135.04

2016201719961573.48

2016201729.925.9

2016201719961573.48

2016201729.925.9

2016201798.309999999999945902.06

20162017113.16000000000008803.95

201520162017101.5118.3125.9

DTH

20122013201420152016144268168031155395170691176206IS

2012201320142015201636079510034906965871101035

20132014201520162017795500894175101391711467461292698

20132014201520162017500.90832037476656563.69999999999993653.70000000000005757.90000000000009882

20132014201520162017292.3309.41499999999996387.1444.1490.3

201520162017387.2444.1490.4

2016201714.8416.3

2016201714.7215.69

20152016201761.29531253453840468.85060285300124967.42

DTH

20152016201711197108607462NIS

201520162017219652894533253Retail

20152016201711627

201520162017101391711467461292698

201520162017175204.5235.8

Service

20152016201755.765.59999999999999471Product & Other

004.4000000000000004

20152016201754.9257.2354.92

003.3

Q4 2016Q1 2017Q2 2017Q3 2017Q4 20170.126436419326552810.120172920990935820.115386410965332130.11273980835139270.11


20152016201754.9257.2354.85

20152016201755.765.59999999999999471

20152016201761.368.85060285300124948.28

201620173330.3

DTH

201520162017170691176206146323.99999997896NIS

65871101035115539.0000000321Retail

17872

20152016201761.6566.8967.91

201520162017653.70000000000005757.9882

20152016201761.6566.8950.1

CitizensRICPIF0.510.328000000000000010.162000000000000010

2016201714.7215.69

201620172689.982135.04

2016201719961573.48

2016201729.925.9

2016201719961573.48

2016201729.925.9

2016201798.309999999999945902.06

20162017113.16000000000008803.95

201520162017101.5118.3125.9

DTH

20122013201420152016144268168031155395170691176206IS

2012201320142015201636079510034906965871101035

20132014201520162017795500894175101391711467461292698

20132014201520162017500.90832037476656563.69999999999993653.70000000000005757.90000000000009882

20132014201520162017292.3309.41499999999996387.1444.1490.3

201520162017387.2444.1490.4

2016201714.8416.3

2016201714.7215.69

20152016201761.29531253453840468.85060285300124967.42

DTH

20152016201711197108607462NIS

201520162017219652894533253Retail

20152016201711627

201520162017101391711467461292698

201520162017175204.5235.8

Service

20152016201755.765.59999999999999471Product & Other

004.4000000000000004

20152016201754.9257.2354.92

003.3

Q4 2016Q1 2017Q2 2017Q3 2017Q4 20170.126436419326552810.120172920990935820.115386410965332130.11273980835139270.11


20152016201754.9257.2354.85

20152016201755.765.59999999999999471

20152016201761.368.85060285300124948.28

201620173330.3

DTH

201520162017170691176206146323.99999997896NIS

65871101035115539.0000000321Retail

17872

20152016201761.6566.8967.91

201520162017653.70000000000005757.9882

20152016201761.6566.8950.1

CitizensRICPIF0.510.328000000000000010.162000000000000010

2016201714.7215.69

201620172689.982135.04

2016201719961573.48

2016201729.925.9

2016201719961573.48

2016201729.925.9

2016201798.309999999999945902.06

20162017113.16000000000008803.95

201520162017101.5118.3125.9

DTH

20122013201420152016144268168031155395170691176206IS

2012201320142015201636079510034906965871101035

20132014201520162017795500894175101391711467461292698

20132014201520162017500.90832037476656563.69999999999993653.70000000000005757.90000000000009882

20132014201520162017292.3309.41499999999996387.1444.1490.3

201520162017387.2444.1490.4

2016201714.8416.3

2016201714.7215.69

20152016201761.29531253453840468.85060285300124967.42

DTH

20152016201711197108607462NIS

201520162017219652894533253Retail

20152016201711627

201520162017101391711467461292698

201520162017175204.5235.8

Service

20152016201755.765.59999999999999471Product & Other

004.4000000000000004

20152016201754.9257.2354.92

003.3

Q4 2016Q1 2017Q2 2017Q3 2017Q4 20170.126436419326552810.120172920990935820.115386410965332130.11273980835139270.11


20152016201754.9257.2354.85

20152016201755.765.59999999999999471

20152016201761.368.85060285300124948.28

201620173330.3

DTH

201520162017170691176206146323.99999997896NIS

65871101035115539.0000000321Retail

17872

20152016201761.6566.8967.91

201520162017653.70000000000005757.9882

20152016201761.6566.8950.1

CitizensRICPIF0.510.328000000000000010.162000000000000010

2016201714.7215.69

201620172689.982135.04

2016201719961573.48

2016201729.925.9

2016201719961573.48

2016201729.925.9

2016201798.309999999999945902.06

20162017113.16000000000008803.95

201520162017101.5118.3125.9

DTH

20122013201420152016144268168031155395170691176206IS

2012201320142015201636079510034906965871101035

20132014201520162017795500894175101391711467461292698

20132014201520162017500.90832037476656563.69999999999993653.70000000000005757.90000000000009882

20132014201520162017292.3309.41499999999996387.1444.1490.3

201520162017387.2444.1490.4

2016201714.8416.3

2016201714.7215.69

20152016201761.29531253453840468.85060285300124967.42

DTH

20152016201711197108607462NIS

201520162017219652894533253Retail

20152016201711627

201520162017101391711467461292698

201520162017175204.5235.8

Service

20152016201755.765.59999999999999471Product & Other

004.4000000000000004

20152016201754.9257.2354.92

003.3

Q4 2016Q1 2017Q2 2017Q3 2017Q4 20170.126436419326552810.120172920990935820.115386410965332130.11273980835139270.11


20152016201754.9257.2354.85

20152016201755.765.59999999999999471

20152016201761.368.85060285300124948.28

201620173330.3

DTH

201520162017170691176206146323.99999997896NIS

65871101035115539.0000000321Retail

17872

20152016201761.6566.8967.91

201520162017653.70000000000005757.9882

20152016201761.6566.8950.1

CitizensRICPIF0.510.328000000000000010.162000000000000010

2016201714.7215.69

201620172689.982135.04

2016201719961573.48

2016201729.925.9

2016201719961573.48

2016201729.925.9

2016201798.309999999999945902.06

20162017113.16000000000008803.95

201520162017101.5118.3125.9

DTH

20122013201420152016144268168031155395170691176206IS

2012201320142015201636079510034906965871101035

20132014201520162017795500894175101391711467461292698

20132014201520162017500.90832037476656563.69999999999993653.70000000000005757.90000000000009882

20132014201520162017292.3309.41499999999996387.1444.1490.3

201520162017387.2444.1490.4

2016201714.8416.3

2016201714.7215.69

20152016201761.29531253453840468.85060285300124967.42

DTH

20152016201711197108607462NIS

201520162017219652894533253Retail

20152016201711627

201520162017101391711467461292698

201520162017175204.5235.8

Service

20152016201755.765.59999999999999471Product & Other

004.4000000000000004

20152016201754.9257.2354.92

003.3

Q4 2016Q1 2017Q2 2017Q3 2017Q4 20170.126436419326552810.120172920990935820.115386410965332130.11273980835139270.11


20152016201754.9257.2354.85

20152016201755.765.59999999999999471

20152016201761.368.85060285300124948.28

201620173330.3

DTH

201520162017170691176206146323.99999997896NIS

65871101035115539.0000000321Retail

17872

20152016201761.6566.8967.91

201520162017653.70000000000005757.9882

20152016201761.6566.8950.1

CitizensRICPIF0.510.328000000000000010.162000000000000010

2016201714.7215.69

201620172689.982135.04

2016201719961573.48

2016201729.925.9

2016201719961573.48

2016201729.925.9

2016201798.309999999999945902.06

20162017113.16000000000008803.95

201520162017101.5118.3125.9

DTH

20122013201420152016144268168031155395170691176206IS

2012201320142015201636079510034906965871101035

20132014201520162017795500894175101391711467461292698

20132014201520162017500.90832037476656563.69999999999993653.70000000000005757.90000000000009882

20132014201520162017292.3309.41499999999996387.1444.1490.3

201520162017387.2444.1490.4

2016201714.8416.3

2016201714.7215.69

20152016201761.29531253453840468.85060285300124967.42

DTH

20152016201711197108607462NIS

201520162017219652894533253Retail

20152016201711627

201520162017101391711467461292698

201520162017175204.5235.8

Service

20152016201755.765.59999999999999471Product & Other

004.4000000000000004

20152016201754.9257.2354.92

003.3

Q4 2016Q1 2017Q2 2017Q3 2017Q4 20170.126436419326552810.120172920990935820.115386410965332130.11273980835139270.11


20152016201754.9257.2354.85

20152016201755.765.59999999999999471

20152016201761.368.85060285300124948.28

201620173330.3

DTH

201520162017170691176206146323.99999997896NIS

65871101035115539.0000000321Retail

17872

20152016201761.6566.8967.91

201520162017653.70000000000005757.9882

20152016201761.6566.8950.1

CitizensRICPIF0.510.328000000000000010.162000000000000010

2016201714.7215.69

201620172689.982135.04

2016201719961573.48

2016201729.925.9

2016201719961573.48

2016201729.925.9

2016201798.309999999999945902.06

20162017113.16000000000008803.95

201520162017101.5118.3125.9

DTH

20122013201420152016144268168031155395170691176206IS

2012201320142015201636079510034906965871101035

20132014201520162017795500894175101391711467461292698

20132014201520162017500.90832037476656563.69999999999993653.70000000000005757.90000000000009882

20132014201520162017292.3309.41499999999996387.1444.1490.3

201520162017387.2444.1490.4

2016201714.8416.3

2016201714.7215.69

20152016201761.29531253453840468.85060285300124967.42

DTH

20152016201711197108607462NIS

201520162017219652894533253Retail

20152016201711627

201520162017101391711467461292698

201520162017175204.5235.8

Service

20152016201755.765.59999999999999471Product & Other

004.4000000000000004

20152016201754.9257.2354.92

003.3

Q4 2016Q1 2017Q2 2017Q3 2017Q4 20170.126436419326552810.120172920990935820.115386410965332130.11273980835139270.11


20152016201754.9257.2354.85

20152016201755.765.59999999999999471

20152016201761.368.85060285300124948.28

201620173330.3

DTH

201520162017170691176206146323.99999997896NIS

65871101035115539.0000000321Retail

17872

20152016201761.6566.8967.91

201520162017653.70000000000005757.9882

20152016201761.6566.8950.1

CitizensRICPIF0.510.328000000000000010.162000000000000010

2016201714.7215.69

201620172689.982135.04

2016201719961573.48

2016201729.925.9

2016201719961573.48

2016201729.925.9

2016201798.309999999999945902.06

20162017113.16000000000008803.95

201520162017101.5118.3125.9

DTH

20122013201420152016144268168031155395170691176206IS

2012201320142015201636079510034906965871101035

20132014201520162017795500894175101391711467461292698

20132014201520162017500.90832037476656563.69999999999993653.70000000000005757.90000000000009882

20132014201520162017292.3309.41499999999996387.1444.1490.3

201520162017387.2444.1490.4

2016201714.8416.3

2016201714.7215.69

20152016201761.29531253453840468.85060285300124967.42

DTH

20152016201711197108607462NIS

201520162017219652894533253Retail

20152016201711627

201520162017101391711467461292698

201520162017175204.5235.8

Service

20152016201755.765.59999999999999471Product & Other

004.4000000000000004

20152016201754.9257.2354.92

003.3

Q4 2016Q1 2017Q2 2017Q3 2017Q4 20170.126436419326552810.120172920990935820.115386410965332130.11273980835139270.11


20152016201754.9257.2354.85

20152016201755.765.59999999999999471

20152016201761.368.85060285300124948.28

201620173330.3

DTH

201520162017170691176206146323.99999997896NIS

65871101035115539.0000000321Retail

17872

20152016201761.6566.8967.91

201520162017653.70000000000005757.9882

20152016201761.6566.8950.1

CitizensRICPIF0.510.328000000000000010.162000000000000010

2016201714.7215.69

201620172689.982135.04

2016201719961573.48

2016201729.925.9

2016201719961573.48

2016201729.925.9

2016201798.309999999999945902.06

20162017113.16000000000008803.95

201520162017101.5118.3125.9

DTH

20122013201420152016144268168031155395170691176206IS

2012201320142015201636079510034906965871101035

20132014201520162017795500894175101391711467461292698

20132014201520162017500.90832037476656563.69999999999993653.70000000000005757.90000000000009882

20132014201520162017292.3309.41499999999996387.1444.1490.3

201520162017387.2444.1490.4

2016201714.8416.3

2016201714.7215.69

20152016201761.29531253453840468.85060285300124967.42

DTH

20152016201711197108607462NIS

201520162017219652894533253Retail

20152016201711627

201520162017101391711467461292698

201520162017175204.5235.8

Service

20152016201755.765.59999999999999471Product & Other

004.4000000000000004

20152016201754.9257.2354.92

003.3

Q4 2016Q1 2017Q2 2017Q3 2017Q4 20170.126436419326552810.120172920990935820.115386410965332130.11273980835139270.11


20152016201754.9257.2354.85

20152016201755.765.59999999999999471

20152016201761.368.85060285300124948.28

201620173330.3

DTH

201520162017170691176206146323.99999997896NIS

65871101035115539.0000000321Retail

17872

20152016201761.6566.8967.91

201520162017653.70000000000005757.9882

20152016201761.6566.8950.1

CitizensRICPIF0.510.328000000000000010.162000000000000010

2016201714.7215.69

201620172689.982135.04

2016201719961573.48

2016201729.925.9

2016201719961573.48

2016201729.925.9

2016201798.309999999999945902.06

20162017113.16000000000008803.95

201520162017101.5118.3125.9

DTH

20122013201420152016144268168031155395170691176206IS

2012201320142015201636079510034906965871101035

20132014201520162017795500894175101391711467461292698

20132014201520162017500.90832037476656563.69999999999993653.70000000000005757.90000000000009882

20132014201520162017292.3309.41499999999996387.1444.1490.3

201520162017387.2444.1490.4

2016201714.8416.3

2016201714.7215.69

20152016201761.29531253453840468.85060285300124967.42

DTH

20152016201711197108607462NIS

201520162017219652894533253Retail

20152016201711627

201520162017101391711467461292698

201520162017175204.5235.8

Service

20152016201755.765.59999999999999471Product & Other

004.4000000000000004

20152016201754.9257.2354.92

003.3

Q4 2016Q1 2017Q2 2017Q3 2017Q4 20170.126436419326552810.120172920990935820.115386410965332130.11273980835139270.11


20152016201754.9257.2354.85

20152016201755.765.59999999999999471

20152016201761.368.85060285300124948.28

201620173330.3

DTH

201520162017170691176206146323.99999997896NIS

65871101035115539.0000000321Retail

17872

20152016201761.6566.8967.91

201520162017653.70000000000005757.9882

20152016201761.6566.8950.1

CitizensRICPIF0.510.328000000000000010.162000000000000010

2016201714.7215.69

201620172689.982135.04

2016201719961573.48

2016201729.925.9

2016201719961573.48

2016201729.925.9

2016201798.309999999999945902.06

20162017113.16000000000008803.95

201520162017101.5118.3125.9

DTH

20122013201420152016144268168031155395170691176206IS

2012201320142015201636079510034906965871101035

20132014201520162017795500894175101391711467461292698

20132014201520162017500.90832037476656563.69999999999993653.70000000000005757.90000000000009882

20132014201520162017292.3309.41499999999996387.1444.1490.3

201520162017387.2444.1490.4

2016201714.8416.3

2016201714.7215.69

20152016201761.29531253453840468.85060285300124967.42

DTH

20152016201711197108607462NIS

201520162017219652894533253Retail

20152016201711627

201520162017101391711467461292698

201520162017175204.5235.8

Service

20152016201755.765.59999999999999471Product & Other

004.4000000000000004

20152016201754.9257.2354.92

003.3

Q4 2016Q1 2017Q2 2017Q3 2017Q4 20170.126436419326552810.120172920990935820.115386410965332130.11273980835139270.11


20152016201754.9257.2354.85

20152016201755.765.59999999999999471

20152016201761.368.85060285300124948.28

201620173330.3

DTH

201520162017170691176206146323.99999997896NIS

65871101035115539.0000000321Retail

17872

20152016201761.6566.8967.91

201520162017653.70000000000005757.9882

20152016201761.6566.8950.1

CitizensRICPIF0.510.328000000000000010.162000000000000010

2016201714.7215.69

201620172689.982135.04

2016201719961573.48

2016201729.925.9

2016201719961573.48

2016201729.925.9

2016201798.309999999999945902.06

20162017113.16000000000008803.95

201520162017101.5118.3125.9

DTH

20122013201420152016144268168031155395170691176206IS

2012201320142015201636079510034906965871101035

20132014201520162017795500894175101391711467461292698

20132014201520162017500.90832037476656563.69999999999993653.70000000000005757.90000000000009882

20132014201520162017292.3309.41499999999996387.1444.1490.3

201520162017387.2444.1490.4

2016201714.8416.3

2016201714.7215.69

20152016201761.29531253453840468.85060285300124967.42

DTH

20152016201711197108607462NIS

201520162017219652894533253Retail

20152016201711627

201520162017101391711467461292698

201520162017175204.5235.8

Service

20152016201755.765.59999999999999471Product & Other

004.4000000000000004

20152016201754.9257.2354.92

003.3

Q4 2016Q1 2017Q2 2017Q3 2017Q4 20170.126436419326552810.120172920990935820.115386410965332130.11273980835139270.11


20152016201754.9257.2354.85

20152016201755.765.59999999999999471

20152016201761.368.85060285300124948.28

201620173330.3

DTH

201520162017170691176206146323.99999997896NIS

65871101035115539.0000000321Retail

17872

20152016201761.6566.8967.91

201520162017653.70000000000005757.9882

20152016201761.6566.8950.1

CitizensRICPIF0.510.328000000000000010.162000000000000010

2016201714.7215.69

201620172689.982135.04

2016201719961573.48

2016201729.925.9

2016201719961573.48

2016201729.925.9

2016201798.309999999999945902.06

20162017113.16000000000008803.95

201520162017101.5118.3125.9

DTH

20122013201420152016144268168031155395170691176206IS

2012201320142015201636079510034906965871101035

20132014201520162017795500894175101391711467461292698

20132014201520162017500.90832037476656563.69999999999993653.70000000000005757.90000000000009882

20132014201520162017292.3309.41499999999996387.1444.1490.3

201520162017387.2444.1490.4

2016201714.8416.3

2016201714.7215.69

20152016201761.29531253453840468.85060285300124967.42

DTH

20152016201711197108607462NIS

201520162017219652894533253Retail

20152016201711627

201520162017101391711467461292698

201520162017175204.5235.8

Service

20152016201755.765.59999999999999471Product & Other

004.4000000000000004

20152016201754.9257.2354.92

003.3

Q4 2016Q1 2017Q2 2017Q3 2017Q4 20170.126436419326552810.120172920990935820.115386410965332130.11273980835139270.11


20152016201754.9257.2354.85

20152016201755.765.59999999999999471

20152016201761.368.85060285300124948.28

201620173330.3

DTH

201520162017170691176206146323.99999997896NIS

65871101035115539.0000000321Retail

17872

20152016201761.6566.8967.91

201520162017653.70000000000005757.9882

20152016201761.6566.8950.1

CitizensRICPIF0.510.328000000000000010.162000000000000010

2016201714.7215.69

201620172689.982135.04

2016201719961573.48

2016201729.925.9

2016201719961573.48

2016201729.925.9

2016201798.309999999999945902.06

20162017113.16000000000008803.95

201520162017101.5118.3125.9

DTH

20122013201420152016144268168031155395170691176206IS

2012201320142015201636079510034906965871101035

20132014201520162017795500894175101391711467461292698

20132014201520162017500.90832037476656563.69999999999993653.70000000000005757.90000000000009882

20132014201520162017292.3309.41499999999996387.1444.1490.3

201520162017387.2444.1490.4

2016201714.8416.3

2016201714.7215.69

20152016201761.29531253453840468.85060285300124967.42

DTH

20152016201711197108607462NIS

201520162017219652894533253Retail

20152016201711627

201520162017101391711467461292698

201520162017175204.5235.8

Service

20152016201755.765.59999999999999471Product & Other

004.4000000000000004

20152016201754.9257.2354.92

003.3

Q4 2016Q1 2017Q2 2017Q3 2017Q4 20170.126436419326552810.120172920990935820.115386410965332130.11273980835139270.11


20152016201754.9257.2354.85

20152016201755.765.59999999999999471

20152016201761.368.85060285300124948.28

201620173330.3

DTH

201520162017170691176206146323.99999997896NIS

65871101035115539.0000000321Retail

17872

20152016201761.6566.8967.91

201520162017653.70000000000005757.9882

20152016201761.6566.8950.1

CitizensRICPIF0.510.328000000000000010.162000000000000010

2016201714.7215.69

201620172689.982135.04

2016201719961573.48

2016201729.925.9

2016201719961573.48

2016201729.925.9

2016201798.309999999999945902.06

20162017113.16000000000008803.95

201520162017101.5118.3125.9

DTH

20122013201420152016144268168031155395170691176206IS

2012201320142015201636079510034906965871101035

20132014201520162017795500894175101391711467461292698

20132014201520162017500.90832037476656563.69999999999993653.70000000000005757.90000000000009882

20132014201520162017292.3309.41499999999996387.1444.1490.3

201520162017387.2444.1490.4

2016201714.8416.3

2016201714.7215.69

20152016201761.29531253453840468.85060285300124967.42

DTH

20152016201711197108607462NIS

201520162017219652894533253Retail

20152016201711627

201520162017101391711467461292698

201520162017175204.5235.8

Service

20152016201755.765.59999999999999471Product & Other

004.4000000000000004

20152016201754.9257.2354.92

003.3

Q4 2016Q1 2017Q2 2017Q3 2017Q4 20170.126436419326552810.120172920990935820.115386410965332130.11273980835139270.11


20152016201754.9257.2354.85

20152016201755.765.59999999999999471

20152016201761.368.85060285300124948.28

201620173330.3

DTH

201520162017170691176206146323.99999997896NIS

65871101035115539.0000000321Retail

17872

20152016201761.6566.8967.91

201520162017653.70000000000005757.9882

20152016201761.6566.8950.1

CitizensRICPIF0.510.328000000000000010.162000000000000010

2016201714.7215.69

201620172689.982135.04

2016201719961573.48

2016201729.925.9

2016201719961573.48

2016201729.925.9

2016201798.309999999999945902.06

20162017113.16000000000008803.95

201520162017101.5118.3125.9

DTH

20122013201420152016144268168031155395170691176206IS

2012201320142015201636079510034906965871101035

20132014201520162017795500894175101391711467461292698

20132014201520162017500.90832037476656563.69999999999993653.70000000000005757.90000000000009882

20132014201520162017292.3309.41499999999996387.1444.1490.3

201520162017387.2444.1490.4

2016201714.8416.3

2016201714.7215.69

20152016201761.29531253453840468.85060285300124967.42

DTH

20152016201711197108607462NIS

201520162017219652894533253Retail

20152016201711627

201520162017101391711467461292698

201520162017175204.5235.8

Service

20152016201755.765.59999999999999471Product & Other

004.4000000000000004

20152016201754.9257.2354.92

003.3

Q4 2016Q1 2017Q2 2017Q3 2017Q4 20170.126436419326552810.120172920990935820.115386410965332130.11273980835139270.11


20152016201754.9257.2354.85

20152016201755.765.59999999999999471

20152016201761.368.85060285300124948.28

201620173330.3

DTH

201520162017170691176206146323.99999997896NIS

65871101035115539.0000000321Retail

17872

20152016201761.6566.8967.91

201520162017653.70000000000005757.9882

20152016201761.6566.8950.1

CitizensRICPIF0.510.328000000000000010.162000000000000010

2016201714.7215.69

201620172689.982135.04

2016201719961573.48

2016201729.925.9

2016201719961573.48

2016201729.925.9

2016201798.309999999999945902.06

20162017113.16000000000008803.95

201520162017101.5118.3125.9

DTH

20122013201420152016144268168031155395170691176206IS

2012201320142015201636079510034906965871101035

20132014201520162017795500894175101391711467461292698

20132014201520162017500.90832037476656563.69999999999993653.70000000000005757.90000000000009882

20132014201520162017292.3309.41499999999996387.1444.1490.3

201520162017387.2444.1490.4

2016201714.8416.3

2016201714.7215.69

20152016201761.29531253453840468.85060285300124967.42

DTH

20152016201711197108607462NIS

201520162017219652894533253Retail

20152016201711627

201520162017101391711467461292698

201520162017175204.5235.8

Service

20152016201755.765.59999999999999471Product & Other

004.4000000000000004

20152016201754.9257.2354.92

003.3

Q4 2016Q1 2017Q2 2017Q3 2017Q4 20170.126436419326552810.120172920990935820.115386410965332130.11273980835139270.11


20152016201754.9257.2354.85

20152016201755.765.59999999999999471

20152016201761.368.85060285300124948.28

201620173330.3

DTH

201520162017170691176206146323.99999997896NIS

65871101035115539.0000000321Retail

17872

20152016201761.6566.8967.91

201520162017653.70000000000005757.9882

20152016201761.6566.8950.1

CitizensRICPIF0.510.328000000000000010.162000000000000010

2016201714.7215.69

201620172689.982135.04

2016201719961573.48

2016201729.925.9

2016201719961573.48

2016201729.925.9

2016201798.309999999999945902.06

20162017113.16000000000008803.95

201520162017101.5118.3125.9

DTH

20122013201420152016144268168031155395170691176206IS

2012201320142015201636079510034906965871101035

20132014201520162017795500894175101391711467461292698

20132014201520162017500.90832037476656563.69999999999993653.70000000000005757.90000000000009882

20132014201520162017292.3309.41499999999996387.1444.1490.3

201520162017387.2444.1490.4

2016201714.8416.3

2016201714.7215.69

20152016201761.29531253453840468.85060285300124967.42

DTH

20152016201711197108607462NIS

201520162017219652894533253Retail

20152016201711627

201520162017101391711467461292698

201520162017175204.5235.8

Service

20152016201755.765.59999999999999471Product & Other

004.4000000000000004

20152016201754.9257.2354.92

003.3

Q4 2016Q1 2017Q2 2017Q3 2017Q4 20170.126436419326552810.120172920990935820.115386410965332130.11273980835139270.11


20152016201754.9257.2354.85

20152016201755.765.59999999999999471

20152016201761.368.85060285300124948.28

201620173330.3

DTH

201520162017170691176206146323.99999997896NIS

65871101035115539.0000000321Retail

17872

20152016201761.6566.8967.91

201520162017653.70000000000005757.9882

20152016201761.6566.8950.1

CitizensRICPIF0.510.328000000000000010.162000000000000010

2016201714.7215.69

201620172689.982135.04

2016201719961573.48

2016201729.925.9

2016201719961573.48

2016201729.925.9

2016201798.309999999999945902.06

20162017113.16000000000008803.95

201520162017101.5118.3125.9

DTH

20122013201420152016144268168031155395170691176206IS

2012201320142015201636079510034906965871101035

20132014201520162017795500894175101391711467461292698

20132014201520162017500.90832037476656563.69999999999993653.70000000000005757.90000000000009882

20132014201520162017292.3309.41499999999996387.1444.1490.3

201520162017387.2444.1490.4

2016201714.8416.3

2016201714.7215.69

20152016201761.29531253453840468.85060285300124967.42

DTH

20152016201711197108607462NIS

201520162017219652894533253Retail

20152016201711627

201520162017101391711467461292698

201520162017175204.5235.8

Service

20152016201755.765.59999999999999471Product & Other

004.4000000000000004

20152016201754.9257.2354.92

003.3

Q4 2016Q1 2017Q2 2017Q3 2017Q4 20170.126436419326552810.120172920990935820.115386410965332130.11273980835139270.11


20152016201754.9257.2354.85

20152016201755.765.59999999999999471

20152016201761.368.85060285300124948.28

201620173330.3

DTH

201520162017170691176206146323.99999997896NIS

65871101035115539.0000000321Retail

17872

20152016201761.6566.8967.91

201520162017653.70000000000005757.9882

20152016201761.6566.8950.1

CitizensRICPIF0.510.328000000000000010.162000000000000010

2016201714.7215.69

201620172689.982135.04

2016201719961573.48

2016201729.925.9

2016201719961573.48

2016201729.925.9

2016201798.309999999999945902.06

20162017113.16000000000008803.95

201520162017101.5118.3125.9

DTH

20122013201420152016144268168031155395170691176206IS

2012201320142015201636079510034906965871101035

20132014201520162017795500894175101391711467461292698

20132014201520162017500.90832037476656563.69999999999993653.70000000000005757.90000000000009882

20132014201520162017292.3309.41499999999996387.1444.1490.3

201520162017387.2444.1490.4

2016201714.8416.3

2016201714.7215.69

20152016201761.29531253453840468.85060285300124967.42

DTH

20152016201711197108607462NIS

201520162017219652894533253Retail

20152016201711627

201520162017101391711467461292698

201520162017175204.5235.8

Service

20152016201755.765.59999999999999471Product & Other

004.4000000000000004

20152016201754.9257.2354.92

003.3

Q4 2016Q1 2017Q2 2017Q3 2017Q4 20170.126436419326552810.120172920990935820.115386410965332130.11273980835139270.11


20152016201754.9257.2354.85

20152016201755.765.59999999999999471

20152016201761.368.85060285300124948.28

201620173330.3

DTH

201520162017170691176206146323.99999997896NIS

65871101035115539.0000000321Retail

17872

20152016201761.6566.8967.91

201520162017653.70000000000005757.9882

20152016201761.6566.8950.1

CitizensRICPIF0.510.328000000000000010.162000000000000010

2016201714.7215.69

201620172689.982135.04

2016201719961573.48

2016201729.925.9

2016201719961573.48

2016201729.925.9

2016201798.309999999999945902.06

20162017113.16000000000008803.95

201520162017101.5118.3125.9

DTH

20122013201420152016144268168031155395170691176206IS

2012201320142015201636079510034906965871101035

20132014201520162017795500894175101391711467461292698

20132014201520162017500.90832037476656563.69999999999993653.70000000000005757.90000000000009882

20132014201520162017292.3309.41499999999996387.1444.1490.3

201520162017387.2444.1490.4

2016201714.8416.3

2016201714.7215.69

20152016201761.29531253453840468.85060285300124967.42

DTH

20152016201711197108607462NIS

201520162017219652894533253Retail

20152016201711627

201520162017101391711467461292698

Audit Walk

ASC 606ASC 605ASC 605

$ ln mllllons, except per subscrlber dataActualActualActualYear over YearActualBudgetActualYear over YearAct vs Bud

1Q18Adj1Q181Q17$ Var% VarFY17FY17FY16$ Var% Var$ Var % Var

Total Revenue$257.2($19.2)$238.0$205.4$32.615.9%$882.0$860.7$757.9$124.116.4%$16.92.0%

Adjusted EBlTDA$142.5($23.4)$119.1$115.4$3.73.2%$490.3$482.8$444.1$46.210.4%$19.24.0%

Net Debt$2,843.0$2,482.2($360.8)$2,825.6$2,692.0$2,476.0$349.6$7.8

New Subscribers55,50239,29216,21041.3%279,735301,186277,2412,4940.9%(1,838)-0.6%

DTH16,41114,7941,61710.9%146,324154,672176,206(29,882)-17.0%(594)-0.4%

NlS31,10824,4986,61027.0%115,539100,328101,03514,50414.4%1,2901.3%

Retail7,983- 07,98317,87246,752- 017,872(2,534)-5.4%

Flex Pay Mix (US Only)

CFG55%- 0

RIC32%43%

PIF13%1%

Legacy- 056%

Total LTM Net SAC $$440.4$555.2$114.820.7%$455.0$381.0$564.0$109.019.3%($74.0)-19.4%

LTM Net SAC / New Subscriber$1,488$2,021$533.126.4%$1,626$1,265$2,035$409.0020.1%($361)-28.5%

Net G&A $$51.0$38.9($12.1)-31.1%$165.9$152.6$124.6($41.3)-33.1%($3.2)-2.3%

G&A % of Rev21.4%18.9%-250bps18.8%17.7%16.4%-240 pts-10bps

Net Service Cost $$66.7$55.1($11.6)-21.1%$230.4$222.7$192.2($38.2)-19.9%$0.260.1%

Per Subscriber$17.04$15.95($1.09)-6.8%$15.70$15.22$14.72($0.98)-6.7%$0.030.2%

Service Margln %68.6%72.2%-360bps72.8%73.5%74.3%-150 pts-70bps

Total Subscriber Portfollo1,313,7421,151,453162,28914.1%1,292,6981,307,8321,146,746145,95212.7%(2,596)-0.2%

Subscriber Attrition10.7%12.0%130bps11.1%11.6%12.6%150 pts-40bps

Audit Walk (2)

ActualBudgetAct vs Bud

$ in millions, except per subscriber data2Q172Q17$ Var % VarYOY 2Q Variances Discussion

Vivint Flex Pay Mix %

Citizens %47.9%64.4%Impact of slower ramp with Citizens / Credit Card vs Debit Card Acceptance

Paid-In-Full & Other %8.1%0.0%807July Mix Trend: 58% Citizens, 9% PIF, 33% RIC

Vivint Funded %44.0%35.6%840

Citizens Subscriber

Average $ Financed$1,601$1,307$294.0022.5%Customer are purchasing more Smart Home equipment

Average FICO717

Total Monthly OOP$75.44$75.00$0.440.6%

Service$48.60$48.89($0.29)-0.6%

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