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Investor Presentaiton

airtel | Africa East Africa: 22.7% revenue growth, with broad-based strong performance Revenue grew 22.7% driven by driven by all the key services; voice, data and mobile money. (revenue in reported currency grew by 24.3%). Voice revenue grew 19.2% driven by customer base growth of 7.8% and voice ARPU growth of 7.5% led by increase in voice usage per customer. Data revenue grew 27.4% driven by data ARPU growth of 5.6% and data customer base increase of 12.9% as a result of expansion of our 4G network and smart product offerings. Mobile Money revenue grew 37.1% driven by both customer base growth of 20.5% and ARPU growth of 14.5%. Underlying EBITDA margin was 49.4%, an increase of 331 basis points through revenue growth and cost efficiencies. Operating free cash flow up 46.8% in line with EBITDA growth. Revenue $1,717m +22.7% YoY Underlying EBITDA margin Underlying EBITDA $848m +31.6% YoY Customer baseĀ¹ 49.4% 331 bps YoY 57.2m 7.8% YoY Rwanda ARPU Op FCF $2.5 +10.7% YoY $577m +46.8% YoY 1. Notes: Growth in constant currency unless otherwise stated. Customer base as at 31 March 2022. 38
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