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Investor Presentaiton

Resumed revenue growth in local currency Subscriber growth YoY is driven by international operations ▪ Revenue growth in local currency supported by summer seasonality in Morocco and growth in mobile data in Moov Africa operations ▪ EBITDA growth in both domestic operations and Moov Africa with improved margin ■ Capital spending focused on expanding FTTH and mobile network coverage and capacity Maroc Telecom Group (1) Subscribers (m) 72.8 74.9 75.6 Q3'21 Q2'22 Q3'22 Maroc Telecom Revenue (AED m) and YoY Growth (%) +3% 3,522 3,094 3,077 2% -11% -13% Q3'21 Q2'22 Q3'22 Growth Y/Y in local currency EBITDA (AED m) and EBITDA Margin (%) CAPEX (AED m) & CAPEX / Revenue (%) 1,918 1,721 1,717 54% 56% 56% Q3'21 Q2'22 Q3'22 957 641 31% 621 18% 20% Q3'21 Q2'22 Q3'22 (1) Maroc Telecom Group operates in Morocco, Benin, Burkina Faso, CAR, CDI, Chad, Gabon, Mali, Mauritania, Niger & Togo 15
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