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Investor Presentaiton

MTN Regional operational review Strong performance across all regions underpinned by data and fintech growth SEA^ WECA^ MENA^^ +22.5%* +39.5%* +18.4%* +43.6%* +47.1%* +65.2%* service revenue data revenue service revenue data revenue service revenue data revenue • • MTN Uganda solid performance in challenging conditions Double-digit service revenue in MTN Rwanda supported fintech growth Disciplined cost containment measures led to positive operating leverage Fintech contributed 21.1% to SEA service revenue Double-digit service revenue ahead of 8.0% blended inflation in the region MTN Ghana performance boosted by data & fintech Solid growth trajectory MTN Côte d'Ivoire & MTN Cameroon Fintech contributed 18.2% to WECA service revenue • Strong growth sustained in challenging conditions • MTN Sudan service revenue growth aided by voice and data Healthy result from MTN Irancell JV, with service revenue up 33.2%* | Commercial momentum in Snapp ^ Effective 1 January 2021, MTN Ghana became part of the Group's WECA region. From that date, SEAGHA region became known as the Southern and East Africa (SEA) region | ^^MTN Syria results included in MENA for 2 months in 2021 and 2020; MTN Yemen results included in MENA for 10 months in 2021 and 2020 | MTN Irancell not included in MENA numbers 14
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