Lumen Results Presentation Deck slide image

Lumen Results Presentation Deck

2022 Priorities 4 1 Growth Invest in fiber deployments and product enhancements to drive toward profitable revenue growth 2 Shareholder Returns Maintain our $1 per share dividend; evaluate future share repurchase Debt Maturity Profile As of 1Q22 ($ in millions) Issued: May 4, 2022 $94 2022 $949 (1) 2023 $1,125 2024 $1,000 $4,088 2025 $2,075 2026 As of 1Q22 3 Debt Management. Reduced net debt by approximately $1.5 billion since the first quarter 2021 4 Portfolio Optimization Continued focus on portfolio optimization; expect -$7 billion of net cash proceeds upon closing our LATAM and ILEC transactions $10,976 2027 Revolver Capacity $1,737 2028 $4,490 2029 $4,305 2030+ (1) Includes $1.437 billion Embarq Corporation 7.995% Senior Notes due 6/01/2036 that had been reclassified as held for sale as of 3/31/22. LUMENⓇ
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