Investor Presentaiton

Bad Debt / Revenues 4,1% 3,8% 3,6% 3,6% EVOLUTION OF KEY RATIOS CAPEX / Revenues 20,1% 18,5% 18,3% 18,4% 16,8% 17,2% 13,9% 14,5% 1,7% 1,8% 1,9% 1,3% III 1Q20 2Q20 3Q20 4Q20 1Q21 2Q21 3Q21 4Q21 1Q20 2Q20 3Q20 4Q20 1Q21 2Q21 3Q21 4Q21 Gross Debt / LTM EBITDA Net Debt/ LTM EBITDA 2,05 1,82 1,78 2,04 2,03 2,02 1,70 2,01 1,60 1,61 1,60 1,46 1,37 1,94 1,94 1,78 " 1Q20 2Q20 3Q20 4Q20 1Q21 2021 3Q21 4Q21 1Q20 2020 3Q20 4Q20 1Q21 2Q21 3Q21 4Q21 telecom personal | flow 19

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