2021 Interim Results

Growth Quality & Return Continued to Improve Service revenue mix further optimised FCF >RMB170 Bil over the past years Note: 1. Industry Internet Revenue as % of Service Revenue 12.6% 18.9% 16.4% 1H2019 1H2020 1H2021 Cumulative Free Cash Flow¹ (RMB Bil) 42.9 Sustained favourable profit growth Net Profit (RMB Bil) 173.7 143.0 6.88 116.8 90.4 2017 2018 2019 2020 1H2021 10.1% 7.57 21.1% 9.17 1H2019 1H2020 1H2021 Calculated the cumulative free cash flow generated since 2017, and excluded the impact of the adoption of IFRS 16 on free cash flow in 2019, 2020 & 1H2021, i.e. free cash flow = operating cash flow - CAPEX- capital element of lease rentals paid 2021 Interim Results 7 a China unicom中国联通

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