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Investor Presentaiton

Q1 2021 Summary Subscriber growth in all segments, residential and B2B, fixed and mobile Total revenue and EBITDA growth in Q1 2021: Total revenue grew by +2.9% YoY Total EBITDA grew by +0.7% $3 billion (equivalent) new 8-year euro and dollar 2029 Senior Secured Notes issued, maturity profile improved, significant interest savings realised €1.5 billion liquidity, no debt maturity before 2025 Guidance reiterated: FY 2021: revenue, EBITDA and OpFCF growth YoY Mid-term: full-year organic FCF target of >€750 million (underpinned by EBITDA and OpFCF growth, further reduction in cash interest) Target leverage of 4.5x net debt to EBITDA For footnotes see slide 14 3 a altice

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