FSITES OPERATING SUMMARY

RESULTS

FSITES, which is organized as a real-estate investment trust (FIBRA in Spanish) reported total revenues of 4.4 billion pesos, which is a 275% increase compared to the previous year, primarily due to the expansion of the portfolio of sites. EBITDA closed at 4.1 billion pesos, growing 273% year-over-year, while the EBITDA margin stood at 92.8% at the close of 2021.

Capital expenditures by FSITES in 2021 totaled 8.2 billion pesos, which included the 7.0 billion invested to acquire 958 towers.

FSITES paid out dividends against the 2021 fiscal-year results totaling 323 million pesos, equivalent to 100% of its tax earnings. In July 2021 it also paid a capital reimbursement of 3.9 billion pesos, and in January 2022, another capital reduction of 3.0 billion pesos.