Ambition 2025 | Framing our strategic position

A challenging macro-economic environment in H1 2023 MTN USD/GHS 595 50 45 12 11 10 Inflation 9 40 8 35 7 30 6 25 5 20 4 15 3 10 2 5 1 O O 1Q 22 2Q 22 3Q 22 4Q 22 1Q 23 2Q 23 1Q 22 2Q 22 3Q 22 4Q 22 1Q 23 2Q 23 Rising inflation (down from 54.1% in December 2022 to 42.5% in June 2023) Depreciation of GHS against USD (28.2%) and other major trading currencies in H1 2023 Increased fuel cost Increased utility cost * Aligned with Bank of Ghana FX rates 13

View entire presentation