Investor Presentaiton

Cincinnati Bell Today Building Two Distinct, Complementary Lines of Business with Expanded Geographic Reach, Customer Diversification and Increased Runway for Growth Pro Forma Revenue Mix Network ~50% ~50% IT Services Entertainment & Communications IT Services & Hardware • Deeply penetrated, highly redundant fiber-based network • Ability to deliver flexible, innovative, end-to-end IT Key Assets • Fiber network covers ~70% of Greater Cincinnati consumer addresses, 60% of the business addresses, and 70% of the macro towers • • • Legacy telecommunications network connecting nearly every building in Greater Cincinnati area • • Fiber expertise with proven investment and operating track record solutions to enterprise customers Key blue chip customer relationships Nearly 2,800 vendor certifications with numerous industry leading technology partners Over 1,500 employees . Finding attractive opportunities to deploy capital to extend network • • How to expand beyond Cincinnati - organic vs. inorganic Sufficient size and scale? Key Strategic • Continuing to increase revenues from strategic services (currently ~65%) to outpace legacy product declines Issues • Geographic isolation • Duplicative product strategies with CBTS • Maintaining relevant and comprehensive product portfolio as clients shift to the cloud • Gaining traction with enterprise customers nationwide Undervalued as compared to relative public comps • Strong Market Position as Leading Fiber Network in Cincinnati and Management Team with 70+ Years of Combined Industry Experience 6

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