South Africa Highlights

Net debt | Seasonally higher net debt Group net debt R billion 3.2 -2.0 7.4 0.8 -16.5 5.8 10.4 1.1 0.6 6.4 0.2 4.0 2H24 outlook Final payment for South Africa spectrum of R2.2 billion • Seasonally strong cash inflow in 2H 35.2 44.6 48.3 56.6 FY22 FCF Cash SA Other 1H23 FCF dividend spectrum Cash dividend funding VFE Other FY23 FCF Cash IB dividend spectrum Other 1H24 10010 17010101 1000110101 Net debt to EBITDA: 0.9x 1.1x 1.0x 00101010100

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