Investor Presentaiton

MTN Progress against our medium-term guidance FY 21 delivered ahead of our medium-term targets Service revenue ΚΡΙ Target Performance MTN Group: Low to mid teens 18.3%* South Africa: Mid-single-digit growth 6.5% Nigeria: Mid teens 23.2%* Accelerate fintech platform growth >20% service revenue contribution Holdco leverage Asset realisation Adjusted ROE ≤1.5x > R25 billion > 20% 9.3% 1.0x R4.1bn^ 19.6% ^Includes proceeds of R1.8bn from BICS exit and R2.3bn from Uganda localisation. Further net proceeds of R3.6bn from Nigeria localisation and net proceeds of R5.2bn anticipated from MTN SA tower sales, once concluded 19

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