Lumen Results Presentation Deck slide image

Lumen Results Presentation Deck

1Q22 Revenue - Sales Channels 52.9% 28.6% 7 Issued: May 4, 2022 Revenue ($ in millions) Enterprise Channels (1) Wholesale 18.5% 1Q20 Enterprise Channels Business Subtotal Mass Markets (2) Total Revenue Total 1Q Revenue Mix 53.0% 28.5% 18.5% 1Q21 Mass Markets 1Q22 $2,512 $889 $3,401 $1,275 $4,676 53.7% 27.3% 19.0% 1Q22 Wholesale Yo Y% Change (5.8%) (4.3%) (5.4%) (11.1%) (7.0%) QoQ% Change (3.5%) (0.2%) (2.7%) (5.8%) (3.5%) Investing for Future Growth in Enterprise Channels and Mass Markets (1) Enterprise Channels include the International and Global Accounts (iGAM), Large Enterprise and Mid-Market Enterprise sales channels. (2) 1Q21, 4Q21 and 1Q22 include CAF II impacts of $123 million, $122 million and $59 million, respectively. LUMENⓇ
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