Investor Presentaiton

CAPEX IHS Towers of strength QUARTERLY CAPEX(1) (US$m) YTD CAPEX (1,2) (US$m) Q2'17 CAPEX BREAKDOWN (%) 49.4 15.0 Q2'16 Q2'17 80.8 3% Build-to-Suit 31% Maintenance 6% 60% 27.8 ■ Refurbishment & Augmentation ■ Other Jun'16 Jun'17 Discretionary capex remains lower due to slower roll-out from operators ■ More stability in US$/NGN rates ■ Access to USD$ better, but still a challenge (1) Financials are unaudited pro forma combined financials for IHS Netherlands Holdco B.V. and its subsidiaries. (2) YTD financials are for the 6 months to June of 2016 and 2017. Q2 2017 Results 10

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