Annual Results Presentation FY22

Financial performance under pressure Revenue Rm EBITDA & margin Rm Total Expenses Rm 15 271 BCX Sales commission, incentive, logistical costs, payment to other operators Selling general and administration FY20 17 485 οτε τ ||- | | |- 15 742 FY21 FY22 15 329 2.6% FY20 FY21 FY22 4 203 FY20 2 253 13 354 13 105 Employee expenses 818 Service fees, 2 025 673 2 274 operating leases 592 Cost of handsets, equipment and directories 4 159 4 024 1.9% 7 428 5 995 5 723 569 502 492 FY21 FY22 Annual Results Presentation FY22 39

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