Lumen Investor Presentation Deck

1Q23 Highlights Strengthening the Balance Sheet While Executing on Growth Plan Over $600 million Debt Reduction Through Exchange Offer 23 Issued: May 2, 2023 Quantum Fiber 29% Revenue Contribution to Total Broadband Revenue Grow +3.4% Q/Q Business Product Revenue Enablement Adds -120K Q/Q Increase in Quantum Fiber Enabled Locations LUMENⓇ

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