HKT 2023 Interim Results

TSS Continued to Demonstrate Business Strength TSS Business Local TSS Revenue Local TSS + 2% YoY 1,022 1,046 1,487 1,498 Total Revenue + 1% YoY Local TSS +2% YoY Local TSS 1,046 Revenue 1,022 526 541 Other local TSS ITS Revenue Total EBITDA +3% YoY Broadband Network Total EBITDA 465 (US$ Million) H1'22 452 H1'23 36% ■Local Data (US$ Million) +2% YoY + 10% YoY ■ ☐ EBITDA Margin 35% Local TSS revenue grew by 2% underpinned by strong growth in local data services Pay TV services delivered a steady performance with higher commercial subscription revenue particularly from hospitality sector International telecom services experienced lower revenue from wholesale voice business and absence of one-off cable revenues Total EBITDA up 3% driven by further operating efficiencies and ongoing focus on cost initiatives leading to a margin of 36% HKT Ⓡ HKT 2023 Interim Results ☐ H1'22 H1'23 Local data revenue achieved impressive growth of 10% reflecting the accelerated demand for our unique integrated digital transformation solutions across different industries that incorporate 5G applications with smart city solutions in HK and GBA Broadband revenue grew by 2% as demand for our high-speed, reliable fibre network from individuals, households and enterprises continued in the new normal As a result, Local Data Services registered a solid revenue growth of 7% in the first half of 2023 a PCCW Group member 24

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