AT&T Results Presentation Deck

3 Our Market Focus Broadband connectivity 5G, Fiber Software-based entertainment HBO Max Fantastic storytelling Industry leader for 2020 Emmy wins April 22, 2021/ © 2021 AT&T Intellectual Property - AT&T Proprietary Our 2021 Priority GROW Customer Relationships Deliberate Capital Allocation Investing in strategic growth – 5G, Fiber, HBO Max Committed to sustaining dividend at current levels Utilizing cash after dividends to reduce debt Continued portfolio review - restructuring non-core assets AT&T

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