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Ooredoo Capital Markets Day

...FX transactional risks are mitigated to the extent practical ...via funding in local currency at OPCOS . . Medium term transformation of USD/IDR debt mix. Indonesia • Target 75% local currency Tunisia • Calling USD 650m bond in June 2015 • 100% local currency funding in TND Algeria • Plan to increase local currency funding to 100% Maldives . USD loans with a provision to repay in local currency Oman Some local currency loans Kuwait • All local currency loans ... foreign currency denominated vendor and other payments (leases, etc.) are hedged using: . ⚫ plain vanilla instruments to the extent available • ⚫ at reasonable costs Ooredoo Capital Markets Day | 25 May 2015 27
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