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Investor Presentaiton

Debt & Other Matters US$M LEVERAGE OVERVIEW (1) Q3 2019 Q4 2019 2027 Notes 2025 Notes 800.0 800.0 500.0 500.0 Senior Credit Facilities 500.4 497.6 IFRS 16 Lease Liabilities 31.3 33.2 Unamortized issuance costs and accrued interest (21.0) 4.7 Total Indebtedness 1,810.7 1,835.5 Cash and Cash Equivalents 327.1 140.3 Consolidated Net Leverage 1,483.6 1,695.2 LTM Adjusted EBITDA 569.6 561.8 Consolidated Net Leverage Ratio 2.60x 3.02x (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. Q4 FY 2019 Unaudited Results 3.02x Q4'19 Leverage Ratio IHS Towers of strength $508M of subordinated shareholder loans were repaid during 2019 from refinancing proceeds and excess cash, of which $409M was repaid post refinancing 10
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