Q4 & FY 2021 Financial Summary

Pro Forma Leverage Reconciliation as of December 31, 2021 For footnotes see slide 22 20 20 €m Gross debt consolidated Cash Net debt consolidated Actual 23,065 Pro Forma 23,065 -467 22,598 -52 23,013 LTM EBITDA consolidated pro forma 4,285 4,195 Gross leverage 5.5x Net leverage 5.5x L2QA EBITDA consolidated pro forma 4,357 4,281 Gross leverage 5.4x Net leverage 5.4x SFR a altice

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