South Africa Highlights

Footprint | Accelerating growth, managing risks Egypt Investment case progress • • • • . ROCE accretive at acquisition Market leader, attractive EBITDA margin Medium-term targets upgraded Regulation supportive of investment Material fintech opportunity, growing >100% Asset rich and highly skilled workforce EPS accretive in 1H24 FX & inflation outlook Key risks to manage Revenue and opex mitigation opportunities Cash repatriation vs assessing reinvestment opportunities • Ethiopia • Added IFC to consortium as equity & debt funder • Localising costs and funding to manage FX pressures • M-Pesa launched ahead of business plan • Customer KPI's growing strongly © 2000 towers built Peak EBITDA losses FY24 FX & inflation outlook • ⚫ Scale profitability • New entrant Shaping regulation to accommodate a change from a one-player market O

View entire presentation