Investor Presentaiton

We are best positioned for WTTX/5G ... ...and secured O2 brand minimum until 2022 ■40 MHz block in 3.7 GHz spectrum acquired... ... suitable for WTTx in areas with insufficient xDSL coverage... ...450 MHz spectrum renewed for reasonable price Current spectrum allocation [1] 40 3.7 GHz TDD 25 25 40 12.6 GHz TDD Other [1] O₂ T.. 2 vodafone O, 2 02 brand license agreement extended by 3 years (Jan 2022)... ■ ...another 5-years extension (till Jan 2027) available... partnership with Telefonica till at least Jan 2022 9 ...related capex & cash outflow fully booked in 2017 [1] 450 MHz, 800 MHz, 900 MHz, 1,800 MHz, 2,100 MHz, 2,600 MHz FDD O₂ 2

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