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Investor Presentaiton

Results Snapshot In US$M, unless stated Q4'18 Q4'19 VPY FY '18 FY'19 VPY Towers (#) Tenants (#) 16,390 16,499 0.7% 23,090 24,196 4.8% Colocation rate Lease Amendments (#) 1.41x 1.47x 4.1% 13,128 16,899 28.7% Revenue 238.7 241.8 1.3% 852.7 925.7 8.6% Adjusted EBITDA (1) 135.8 127.9 (5.8%) 490.6 561.8 14.5% Adjusted EBITDA margin 56.9% 52.9% (400 Bps) 57.5% 60.7% 320 Bps Capex 78.4 101.7 29.7% 280.9 206.7 (26.4%) Consolidated Net Leverage Consolidated Net Leverage Ratio (1) n.a. 1,695.2 n.a. 3.02x n.a. n.a. Average FX(2) 364.2 362.9 0.4% 361.9 361.9 0.0% Note: Operational KPIs are combined KPIs for IHS Netherlands Holdco B.V. and its subsidiaries. Financials are unaudited condensed combined financials for IHS Netherlands Holdco B.V. and its subsidiaries. Q4 FY 2019 results include impact of IFRS 16 adoption. (2) VPY change is calculated as the movement in the NGN rate between the periods. (1) Q4 FY 2019 Unaudited Results IHS Towers of strength 5
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