AT&T Results Presentation Deck

2Q21 Communications Segment $ in billions Revenues 8 EBITDA EBITDA Margin Mobility $17.1 $7.8 45.6% $2.6 41.1% 2Q20 $18.9 2Q20 2Q21 Business Wireline $6.1 $6.3 $2.3 $8.0 $1.1 36.8% 2Q20 42.4% 38.7% 2Q21 Consumer Wireline $3.1 $3.1 $1.1 33.7% 2Q21 Strong revenue, EBITDA and subscriber gains Revenues up 10.4%; service revenues up 5.0% Record EBITDA and strong service margins Solid gross adds and tied record for lowest postpaid phone churn 789,000 postpaid phone net adds; 174,000 prepaid phone net adds Continued to deliver solid margins Emphasizing core network and transport connectivity 2Q20 included one-time demand-driven benefits related to the pandemic Broadband drives revenue growth Solid AT&T Fiber gains; growing penetration; expect 1 million Fiber net adds for full year Expect YOY EBITDA and revenue trend improvements to continue in second half of 2021 July 22, 2021/ © 2021 AT&T Intellectual Property - AT&T Proprietary AT&T

View entire presentation