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AT&T Analyst & Investor Conference

OVER $3B RUN-RATE SAVINGS Transformation Over $3B of transformation savings to date have been absorbed that are expected to be tailwinds going forward Network Efficiencies & Dispatch FUTURE TAILWINDS Customer Related/ Product Simplification G&A/Internal Infrastructure International Roaming Advertising and Promotional Impacts Transformation Investment © 2022 AT&T Intellectual Property. AT&T and globe logo are registered trademarks and service marks of AT&T Intellectual Property and/or AT&T affiliated companies. All other marks are the property of their respective owners AT&T
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