Investor Presentaiton

2022 RLFCF (ЄMn) Adjusted EBITDA % Margin without pass through Net payment of lease liabilities Maintenance capital expenditures Changes in working capital Net payment of interest Income tax payment Net dividends to non-controlling interest Recurring Levered FCF Results January - December 2022 - 1st March 2023 Jan- Dec 2021 2 Presentació de Resultats Presentación de Resultados Results Presentation Jan- Dec 2022 +37% 1,921 2,630 79% 81% -594 -792 -77 -108 0 -17 -183 -258 -87 -89 0 0 +39% 981 1,368 cellnex 6

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