Annual Results Presentation FY22

Strong earnings performance Revenue Rm EBITDA* & margin* EBIT*^ Rm Rm PAT*^ Rm ((•)) swiftnet |- |- |- ||- 4.4% 8.6% 070 11.0% 11.9% *The decline in FY22 was driven by the refinement in the property operating cost allocation methodology during the second half of the financial year, across the different Telkom business areas. On a normalised basis, excluding the impact of the refinement in property operating costs, the EBITDA increased by 2.7% from the prior year to R1 021m, at a 79% EBITDA Margin. ^ EBIT = Earnings Before Interest; PAT = Profit After Tax Annual Results Presentation FY22 48

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