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Investor Presentaiton

Robust EBITDA margin despite inflationary pressure ■ EBITDA in constant currency increased Y/Y by 6.9% ■ Robust EBITDA margin at 52% ▪ EBITDA growth in the UAE supported by higher revenue and cost discipline ■ Maroc Telecom delivered strong EBITDA growth in its domestic and int'l operations in local currency ■ Strong EBITDA growth in Egypt due to revenue growth and cost control measures ■ Slight EBITDA contribution from Pakistan due to high inflation and energy costs Group EBITDA EBITDA (AED m) & Margin (%) Sources of EBITDA Growth (AED m) +6.9% 262 6,741 6,644 6,714 14 6,741 -202 6,714 51% 51% 52% -60 -41 Q3'22 Q3'21 Q2'22 Growth Y/Y in constant currency Q3'21 UAE MT Group Egypt Pakistan Others Q3'22 EBITDA Breakdown (Q3 2022) Pakistan Others Egypt 2% 9% 2% EBITDA Growth by Market (Q3 2022) UAE +7% MT Group (LC +5%) -11% 6.7 MT 26% Bn 61% Egypt (LC +24%) +2% UAE Pakistan (LC +1%) -27% 8
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