Investor Presentaiton

Disciplined approach to capital spending ▪ Excluding spectrum costs, Consolidated capex decreased Y/Y by 2%; intensity ratio is flat at 12% ☐ Slight increase in capital spend in the UAE focused on network modernisation ■ MT Group capex spend focused on FTTH and mobile network expansion in Moov Africa ▪ Lower capex spend in Egypt focused on network coverage ■ Lower capex spend in PTCL Group mainly attributed to spectrum acquisition in previous year Group CAPEX CAPEX (AED m) & Intensity Ratio (%) 2,728 1,830 1,613 Sources of CAPEX Growth (AED m) 2,728 31 -20 -97 17 1,613 -1,046 21% 14% 12% 12% Q3'21 Q2'22 Q3'22 Q3'21 UAE MT Group Egypt Pakistan Others Q3'22 Excl. spectrum & license CAPEX Breakdown (Q3 2022) Others Pakistan 11% UAE 3% Egypt 34% 14% 1.6 Bn 7.2% CAPEX Intensity Ratios (%) Key Operations (Q3 2022) 27.4% 20.2% 17.2% 38% MT UAE MT Group Egypt Pakistan 9

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