Investor Presentaiton

MTN Nigeria | Ambition 2025 Targets Priorities Build the largest & most valuable platforms 2020 Actuals - Nigeria • 1.4m ayoba users • 4.7m MoMo users • c.450k MoMo agents 2025 Ambition - Nigeria • 36m ayoba users • 40m MoMo users • NaaS platform & API marketplace 2025 MTN Group - • 100m MoMo users • 100m ayoba users • #1 NaaS platform in Africa Drive industry-leading connectivity operations • 32.6m active data users • 500k home broadband users • #1 in customer & network NPS • 80m active data users • 5m home broadband users • #1 in NPS • +200m active data users • +10m home broadband users • +$500m investment over medium-term ⚫ >R5bn of expense savings | #1 NPS Create shared value Accelerate portfolio transformation Reputation Index ≥ 75% • 10 • Top quartile ESG ratings Reputation Index ≥ 75% • Top quartile ESG ratings • Broad-based ownership and . inclusivity achieved •Reputation Index ≥ 75% • Structural separation of FinCo • Structural separation of FibreCo • ARP proceeds >R25bn • Holdco leverage between ≤ 1,5x • Structural separation of infrastructure assets and platforms MTN

View entire presentation