Investor Presentaiton

EBITDA growth of 17.8%, with margin reaching 48.9% $m Margin 48.3% +14.3% reported currency growth ($157m) I 1,098 (37) H1’22 Currency devaluation 380 Margin 48.9% 1,255 (186) +17.8% constant currency growth ($194m) Revenue Currency devaluation sensitivities for EBITDA: On a 12 months basis Expenses incl. regulatory H1’23 • 1% currency devaluation across all currencies in our OpCos would have a negative impact of $28m on EBITDA. • Our largest exposure is to Nigerian naira where 1% devaluation would have a negative impact of $11m on EBITDA. Note: Expenses includes interconnect costs, airtel money commissions, regulatory charges and handset costs. airtel | Africa 11

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