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Investor Presentaiton

Maldives Revenue Quarterly Trend (MVR mn) Revenue EBITDA EBITDA Margin EBITDA +9% (+40) Q1-22 475 487 447 442 423 Q1-22 115 9% yoy 63 10% yoy QAR mn QAR mn Mobile Fixed • 284 +12% 113 +14% • MVR mn MVR mn Wholesale 54% 55% 50% 49% 44% 267 242 212 218 209 Q1-21 Q2-21 Q3-21 Q4-21 Q1-22 Revenue increased by 9% yoy supported by improved macroeconomic situation in the country EBITDA increased by 10% yoy to QAR 63mn and EBITDA margin increased to 55% supported by cost programs Equipment • Customer base increased to 370k in Q1'22, up 3% yoy 88 -1% 3 -47% • MVR mn MVR mn *Revenue breakdown is based on Ooredoo Group definitions ooredoo On February 2, Khalid Hassan Al-Hamadi appointed of as new Chief Executive Officer of Ooredoo Maldives. Ooredoo Q1 2022 Investor Presentation 28 April 2022 25 25
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