Oi S.A. - In Judicial Reorganization ("Oi" or the "Company"), in compliance with Article 157, paragraph 4, of Law No. 6,404/76, pursuant to CVM Instructions Nos. 358/02 and 480/09, informs its shareholders and the market in general that it announced its Strategic Plan for the triennium 2022-24 ("Strategic Plan") on this date, focusing on the transformation of the New Oi, have already been approved the winning proposals in the competitive processes for the sale of the main UPIs and considering the structural separation provided for in the Amendment to the Judicial Reorganization Plan ratified by the 7th Corporate Court of the State of Rio de Janeiro on October 5, 2020. With the guidelines of its Strategic Plan, the Company will pursue a sustainable business model through (i) the acceleration of revenues from the core businesses and implementation of new sources of revenue, (ii) the readjustment of its structure costs, (iii) the equation of the concession and (iv) the development of InfraCo, with the objective of being a leader in digital solutions and fiber optic connections that improve people's life and companies across the country.
With these goals in mind, and in accordance with the best corporate governance practices, Oi stresses that the aforementioned Strategic Plan contemplates projections and estimates (guidance) of the following indicators, based on reasonable assumptions, which are subject to various factors, many of which are not nor will be under the control of the Company:
GUIDANCE 2021 - 2024
21' - 24'
Homes Connected (HC) with Fiber
Average Revenue per HC¹
~R$ 94 / month
Net Revenue New Oi
R$ 14.8 Bn - R$ 15.5 Bn
Net Revenue Oi Soluções
~R$ 2.6 Bn
Net Revenue - Legacy (Residential)
~R$ 0.5 Bn
Net Revenue - New Services (Residential)
~R$ 1.5 Bn
EBITDA New Oi (Includes Legacy)
R$ 1.9 Bn - R$ 2.3 Bn
Margin EBITDA New Oi (Includes Legacy)
13% - 15%
Margin EBITDA New Business
17% - 19%
CAPEX / Net Revenue
Net Debt / EBITDA New Oi
Net Debt / EBITDA Proforma (New Oi + ~40% Infra Co)
¹ Includes residential customers and small businesses
The presentation about the approved Strategic Plan, as well as the assumptions that supported the preparation of such projections and estimates, is available for download on the Company's website (www.oi.com.br/ri) and on the Empresas.NET System of the CVM (www.cvm.gov.br). The Company has also furnished an English translation of the presentation to the U.S. Securities and Exchange Commission under cover of Form 6-K.
The Company will keep its shareholders and the market informed of any material development of the subject matter of this Material Fact.
Rio de Janeiro, July 19, 2021.
Oi S.A. - In Judicial Reorganization
Camille Loyo Faria
Chief Financial Officer and Investor Relations Officer
Special Note Regarding Forward-Looking Statements
This Material Fact contains forward-looking statements. Statements other than historical facts, including statements of the Company's beliefs and expectations, business strategies, future synergies, cost savings, future costs and future liquidity, are forward-looking statements.. The words "will", "must", "should", "could", "anticipates", "intends", "believes", "estimates", "expects", "predicts", "plans", "targets", "objective", "projects", "forecasts" and similar expressions, as they relate to the Company or its management, are intended to identifyforward-lookingstatements. There is no guarantee that the expected events, tendencies or expected results will actually occur. Such statements reflect the
current view of the Company's management and are subject to various risks and uncertainties. These statements are based on several assumptions and factors, including general economic and market conditions, industry conditions, corporate approvals, operating factors and other factors. Any changes in such assumptions or factors could cause actual results to differ materially from current expectations. Allforward-lookingstatements attributable to the Company or its affiliates, or people acting on their behalf, are expressly qualified in their entirety by the cautionary notices set forth in this paragraph. No undue reliance should be placed on these statements.Forward-lookingstatements speak only as of the date on which they were made. However, it is advisable to consult other disclosures made by the Company on matters related to reports and communications filed by the Company within the CVM and the SEC.
Oi SA em Recuperação Judicial published this content on 19 July 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 19 July 2021 11:10:18 UTC.