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Investor Presentaiton

Debt & Other Matters US$M LEVERAGE OVERVIEW (1) Q4 2019 Q1 2020 2027 Notes 2025 Notes Senior Credit Facilities 800.0 800.0 500.0 500.0 497.6 470.4 IFRS 16 Lease Liabilities 33.2 31.0 Unamortized issuance costs and accrued interest 4.7 Total Indebtedness 1,835.5 (16.5) 1,784.9 Cash and Cash Equivalents 140.3 112.5 Consolidated Net Leverage 1,695.2 1,672.4 LTM Adjusted EBITDA 561.8 583.6 Consolidated Net Leverage Ratio 3.02x 2.87x (1) Consolidated Net Leverage and Consolidated Net Leverage Ratio calculated as per the 2025 Notes & 2027 Notes Indenture. Financials are unaudited condensed combined financials for IHS Netherlands Holdco B.V. and its subsidiaries. Q1 2020 Unaudited Results 2.87x Q1'20 Leverage Ratio IHS Towers of strength $31M net cash outflows from payments of margin deposits on NDF instruments in Q1'20 which are not included in the cash balance of $113M ■ NAFEX closing FX rate driving lower term loan value in USD 10
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