Annual Results Presentation FY22

Revenue headwinds offset by strong cost control EBITDA analysis Rm 10 720 EBITDA 11 973 11 908 0.5%* * Excludes the impact of VSP, VERP and S189 costs of R270 million in the comparative year **Total cost includes direct and operating expenses | ||- \|| - 0.2ppts* 0.1ppts* EBITDA margin Total cost to revenue ratio* ** Annual Results Presentation FY22 12 FY20 FY21 FY22 Telkom

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