Lumen Investor Presentation Deck

1Q22 Year-Over-Year Total Revenue Bridge 22 $5,029 1Q21 Revenue Issued: May 4, 2022 -$123 1Q21 CAF II Support -$18 Corrections Facilities Business / FX(1) -7.0% YoY Reported $59 1Q22 CAF II Revenue Release ($ in millions) -5.5% YoY Adjusted -$271 Other $4,676 1Q22 Revenue Adjusted Revenue Performance In Line with Recent Results (1) Includes $10 million impact from the sale of our corrections facilities business in 4Q21 and $8 million impact from foreign currency headwinds. LUMENⓇ

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