Investor Presentaiton

Acquisition rationale Strategic Operational Financial Continuation of our strategy to expand in the attractive U.S. broadband & infrastructure market The critical nature of residential broadband service has been further proven out and we expect the demand for this product to continue to exhibit robust growth for many years Adds scale in the American Broadband segment which continues to exhibit steady growth and is expected to continue generating strong free cash flow These assets serve markets with very attractive demographic profiles and economics Network footprint reaches sizable portion of Columbus and Cleveland markets making it easier to operate and market products ABB plans to upgrade to a superior network and introduce its IPTV product, supporting increased Internet ARPU and reducing video-related customer churn within 2 years following the acquisition Potential Internet penetration uplift with recent edge-outs built in Cleveland that are not fully penetrated Leverage ABB's product/sales expertise to increase the customer base & deliver superior growth ABB plans to invest ~US$82 million over the next 2 years to integrate, replace infrastructure not included in transaction, interconnect with ABB and upgrade network, including IPTV, to deliver superior growth Run-rate cost synergies of ~US$2 million (1) identified Additional mid-term capex savings ~US$140 million estimated tax benefits from basis step-up to partly offset cash taxes through 2035 9 (1) Run-rate cost synergies of US$2 million occur in 2024 when the business is fully stabilized post the Transition Services Agreement ("TSA") and exclude certain capital investments to be made in fiscal years 2022-2023 to separate the network from WOW! and increase network capacity. (C) COGECO ATLANTIC COMMUNICATIONS broadband a Cogeco company

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