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4 NEWS 31.3.2022 CABLENET Communications Sys- tems plc, a subsidiary in which GO plc holds 63.4% share, has reported €53.5M in revenue during 2021, a healthy 14% growth over 2020. is double-digit growth in revenue was driven, largely by the significant growth in the overall subscriber base, which recorded a 30% increase over the previous year. Cablenet was the first foreign regis- tered company to be listed on the Malta Stock Exchange, back in August 2020. e €40 million bond offering was ex- pected to support further growth for Cablenet. In line with such expecta- tions, its performance has since gone from strength to strength, delivering healthy returns for shareholders. "Achieving such an industry-leading growth rate, on the back of the chal- lenges brought about by the pandemic, not to mention the highly penetrat- ed and mature market environment simply demonstrates the strengths of our human assets, our strategic clarity and execution efficiency," said Yiannos Michaelides, CEO at Cablenet. "2021 was marked by our full entry as a Mobile Network Operator in the Cyprus market. Our innovative prod- uct concept, which is predominately targeted toward post-paid customers offers unlimited data, voice, and SMS allowances, at prices affordable to the entire market, fully reflecting our tra- ditional "value" proposition to consum- ers," Michaelides said. "As a result of our mobile entry, we have experienced an increase of around 110% in our mobile subscriber base to reach just over 46,000 mobile subscrib- ers and an increase of 157% in our mo- bile service revenue. Our market share in the post-paid mobile segment has subsequently grown by approximately 3 percentage points, a very notable in- crease by all market standards in such a short period of time." is strong endorsement by the mar- ket encouraged further investment in our mobile network, in particular our 4G and 5G frequency spectrum. On the fixed services side, solid growth continued, recording increased momentum in the second half of 2021 where Cablenet captured 62% of the market net additions. e expansion of the network into new areas of Cyprus continued to meet demand from both homes and businesses, honouring Ca- blenets commitment to cover approxi- mately 80% of the country's households by 2025. Cablenet also embarked on the renew- al of its TV offering, with the launch of additional Sports and other thematic channels. Sports TV customers in fact grew by 20% during the period under review. "We are committed to making a differ- ence in the market and this is marked by the introduction of our new Brand tagline 'Cablenet For a Better Life'. Our ambition is to translate our commercial, operational and technological innova- tion into tangible benefits to our cus- tomers, and in doing so, leave a positive impact on the community and the en- vironment. is commitment and our concerted efforts have been recognised by our customers, as we have taken the lead in terms of customer satisfac- tion in both fixed and mobile services," Michaelides said. "Our long-term strategic objective re- mains the same – to continue growing our market shares in all services which can be delivered on a national basis. To that end, we will need to remain fo- cused on the tools that are crucial to us achieving that objective, our brand equity, our human talent and our cus- tomers, and an undeniable passion for excellence." Commenting on these results, Cablen- et's Chairman Nikhil Patil, and CEO at GO plc said: "We are truly encouraged by the stellar performance of the com- pany in 2021. ese results are testa- ment to the forward-looking strategy which the Company's executive man- agement team has crafted and execut- ed. We are excited by what the future holds as we continue to leverage on the strengths of both companies, and gain efficiencies across the Group, in order to drive increased value for our respec- tive customers and shareholders. is remarkable performance further solid- ifies the mutual trust between the Mal- tese and Cypriot markets." GO subsidiary Cablenet reports double-digit growth for 2021 Cablenet CEO Yiannos Michaelides DURING February 2022, the industrial producer price index registered an increase of 7.69 per cent when com- pared to the corresponding month of the previous year. When compared to February 2021, the industrial pro- ducer price index increased by 7.69 per cent. e high- est increase was registered in the intermediate goods (13.89 per cent) followed by consumer goods (5.21 per cent) and capital goods (2.93 per cent). ere were no price changes in the energy sector. Industrial producer prices for the domestic market increased by 6.15 per cent. Price rises were recorded in capital goods (19.07 per cent), intermediate goods (14.23 per cent) and consumer goods (4.23 per cent). Non-domestic prices increased by 8.69 per cent. Pric- es within the non-euro area rose by 9.69 per cent while those within the euro area increased by 6.76 per cent. Monthly comparison During February 2022, the industrial producer price index increased by 0.33 per cent when compared to January 2022. Intermediate goods and consumer goods rose by 0.72 per cent and 0.06 per cent respectively. Capital goods declined by 0.01 per cent. ere were no price changes in the energy sector. Domestic market prices increased by 0.86 per cent due to rises in intermediate goods (3.33 per cent) and in consumer goods (0.16 per cent). ere were no changes in the overall non-domestic market price. Industrial producer price indices: February 2022 29 March 2022 | 1100 hrs | 052/2022 During February 2022, the industrial producer price index registered an increase of 7.69 per cent when compared to the corresponding month of the previous year. Industrial Producer Price Indices: February 2022 Annual comparison When compared to February 2021, the industrial producer price index increased by 7.69 per cent. The highest increase was registered in the intermediate goods (13.89 per cent) followed by consumer goods (5.21 per cent) and capital goods (2.93 per cent). There were no price changes in the energy sector. Industrial producer prices for the domestic market increased by 6.15 per cent. Price rises were recorded in capital goods (19.07 per cent), intermediate goods (14.23 per cent) and consumer goods (4.23 per cent). Non-domestic prices increased by 8.69 per cent. Prices within the non-euro area rose by 9.69 per cent while those within the euro area increased by 6.76 per cent (Table 2). Monthly comparison During February 2022, the industrial producer price index increased by 0.33 per cent when compared to January 2022. Intermediate goods and consumer goods rose by 0.72 per cent and 0.06 per cent respectively. Capital goods declined by 0.01 per cent. There were no price changes in the energy sector. Domestic market prices increased by 0.86 per cent due to rises in intermediate goods (3.33 per cent) and in consumer goods (0.16 per cent). There were no changes in the overall non-domestic market price (Table 3) Cut-off date: 25 March 2022 Chart 1. Industrial producer price index (2015=100) for total industry 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 J F M A M J J A S O N D J F M A M J J A S O N D J F 2020 2021 2022 index period 0 Industrial producer price index (2015=100) for total industry

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