Investor Presentaiton

④ 中国电信 Refined Management to Further Enhance Financial Strength + CHINA TELECOM EBITDA RMB Mil 66,348 45.3% 69,848 1H2021 1H2022 Total Debt RMB Mil 32,640 +66.6% 10,896 2021.6 2022.6 Sound capital structure supports healthy corporate development Debt-to-asset ratio 44.6% Corporate credit rating maintained highest AAA Note: 1. Total Debt in the charts above represents interest-bearing debts excluding lease liabilities 2. Credit rating was provided by China Chengxin International Credit Rating Co., Ltd. on the Company's credit rating of related debt in duration in May 2022 2022 Interim Results | 29

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