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Lumen Results Presentation Deck

2Q23 Mass Markets Revenue Fiber Contribution Ramping Revenue ($ in millions) 8 Fiber Broadband Other Broadband(1) Voice and Other Total Mass Markets 2Q23 Q/Q% Change 3.3% $157 $355 (3.8%) $252 (3.4%) $764 (2.3%) % Total 20.5% 46.5% 33.0% 100% 17% Fiber Revenue Contribution to Total Broadband 18% 18% 19% (1) Other Broadband revenue primarily includes revenue from lower speed copper-based broadband services marketed under the CenturyLink brand. 20% 22% ! Includes the 20-State ILEC Business Divestiture 28% 29% 2Q21 3Q21 4Q21 1Q22 2Q22 3Q22 4Q22 1Q23 2Q23 31% Quantum FIBER
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