FY25 Results Presentation

Appendix III B2B ⫶ Driving digitalisation with strong capabilities & partnerships We have unique scale & capabilities Beyond Connectivity addresses large & growing markets

Serving all customer sizes…

…with full breadth of products…

…across large geographic footprint

€8.0 billion 1 service revenue

4.7 million customers

Germany €68bn market

SOHO €12bn market (8% growth)

Core Connectivity €37bn market (3% growth)

Unified Comms €9bn market (11% growth)

UK €54bn market

SME €37bn market (10% growth)

Cloud & Security €78bn market (14% growth)

Other Europe €14bn market

205 million IoT connections

26% of Group service revenue 1

Enterprise €95bn market (11% growth)

IoT & IT services €20bn market (8% growth)

Africa €8bn market

€144 billion addressable market

We are a leading strategic partner of choice

We have a strong operating momentum

Strengthening product offering • Re-allocating c.€250 million investment to support new products & managed services capabilities • Leading partnership ecosystem (e.g. Microsoft SME managed services) • Driving brand awareness of digital services with 2x marketing invest

Unique capabilities in digital • 205 million IoT connections • c.€1.5 billion FY25 digital services revenue (+13.8% growth), all product segments growing • Digital services represent 21% 2 of Business service revenue

• Cloud & GenAI • IoT • M-Pesa • Cloud & Security • GenAI • Shared service operations

• Grow Business with new services for SMEs • Scale our new standalone IoT business • Expand M-Pesa across Africa • Develop a new cloud-native security service for our business customers leveraging Google Cloud's Security Operations platform • Accelerating our transformation to commercialise our market leading shared services operations

FY25 results ⫶ May 2025

1. Based on last 12 months as at 31 March 2025. 2. In Q4 FY25.

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