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Investor Presentaiton

Myanmar Quarterly Trend (MMK bn) Revenue EBITDA Revenue EBITDA Margin EBITDA +38% (+36) Q1-22 Q1-22 147 272 121 134 133 8% yoy 117% yoy QAR mn QAR mn Mobile Fixed 124,435 +41% 4,855 +16% MMK mn MMK mn Whosale Equipment 3,255 +5% 92 -90% MMK mn MMK mn *Revenue breakdown is based on Ooredoo Group definitions ooredoo 96 100 49% 42% 44% 22% 25% 61 66 59 21 Q1-21 25 Q2-21 Q3-21 Q4-21 Q1-22 Revenue year on year increased by 8%, driven by mobile revenue (data and voice) ⚫ EBITDA increased due to higher revenue and better cost controls. • Customer numbers declined to 9 million, drop of 33% mainly due to higher SIM card taxes and impact of the political situation • Restrictions on data traffic implemented by the regulator in Q1 for the entire Sagaing state • • Higher taxes and fees in data have impacted data consumption significantly, voice usage increased Oomanji game in My Ooredoo App continued to deliver strong results, played 87 million times Ooredoo Q1 2022 Investor Presentation 28 April 2022 24 24
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