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From our leadership

Mcebisi Jonas Group Chairman

Views from our Chairman

Accelerating impact,
empowering Africa

Ralph Mupita
Group President and CEO

Q&A with the Group President and CEO

Our growth reflects strong operational delivery and disciplined capital management

Tsholofelo Molefe CA(SA)
Group Chief Financial Officer

Q&A with the Group CFO

As we transition to Ambition 2030, we have refined our capital allocation framework to better align with our strategic goals.

As MTN transitions from Ambition 2025 to Ambition 2030, we build on a period of strong operational and financial progress that delivered growth, improved efficiency and a significantly de‑risked balance sheet. Following a comprehensive strategic review in FY 2025, against a backdrop of shifting macroeconomic, regulatory, competitive and technological dynamics, the Board concluded that while the strategy is the right one, the framing of it was too complex. Ambition 2030 retains the core value‑creation priorities of Ambition 2025 while sharpening execution through a simplified three‑platform model Connectivity, Fintech and Digital Infrastructure underpinned by disciplined capital allocation, leading customer experience and AI‑enabled growth, positioning MTN to convert structural opportunities into sustainable shareholder returns.

Our Ambition 2030 strategy

Our purpose: Leading digital solutions for Africa's progress

Platforms of choice for consumers, homes and businesses

Connectivity

Connectivity is the foundational platform that underpins MTN’s Ambition 2025 strategy and its role as Africa’s leading digital operator. Beyond providing voice and data services, MTN’s connectivity platform enables secure, reliable and scalable access to digital services for individuals, businesses and governments across its markets.

Scale data

Accelerate home

Empower enterprises

Fintech

Our Fintech business has scaled exponentially across Africa. We have evolved from basic airtime and P2P services into a diversified financial platform spanning payments, lending, insurance and remittance. This transformation was anchored in the Ambition 2025 vision and enabled by the BOLD strategy. To remain relevant and sustainable, we are pivoting to become a digital-first platform focused on ecosystem growth and driving financial performance through advanced services

Grow ecosystems

Accelerate advanced services

Digital Infrastructure

Our digital infrastructure platform strategy has been streamlined to incorporate fibre and data centres. This approach positions the Group to better enable the exponential growth in digital workloads, driven by rising demand for fixed connectivity and data centres in Africa and beyond; especially in light of the adoption of AI. It will also enable MTN to take a leading role in accelerating digital infrastructure development across the continent, attracting investment, facilitating key partnerships, and unlocking value in key asset classes.

Advance fibre networks

Expand AI-enabled data centres

Unlock towers value^

^ Subject to completion of the IHS transaction

Leading customer experience

Leverage Artificial Intelligence for growth

Create shared value

Relevant material matters

Relevant capitals

Our approach to integrated thinking and value creation

MTN creates value by harnessing our scale, innovation and commitment to sustainability to deliver strong financial performance and drive long‑term growth across Africa's digital economy. Through integrated thinking, we connect our strategy, performance and sustainability priorities across all six capitals to ensure enduring value for all stakeholders.

At MTN, integrated thinking is the foundation of how we Accelerate impact and Empower Africa. It means recognising that connectivity is more than digital infrastructure - it is a catalyst for inclusive growth, innovation and resilience. By embedding this mindset into the usage of six capitals and our strategy, we ensure that performance, digital innovation and social progress are inseparable. As such, leveraging scale, innovation and sustainability is pivotal to our purpose-led value-creation story.

Driven by our purpose

Leading digital solutions for Africa’s progress

This reflects our commitment to unlocking sustainable growth by scaling digital and fintech platforms that drive inclusion, productivity and long-term value across our markets.

Creating shared value

Through our shared-value index we measure our impact, including our efforts to advance the SDGs, which target a sustainable society with a plan to end poverty, protect the planet and ensure equality for all by 2030. We are committed to bridging the digital divide, furthering financial inclusion to advance the attainment of the goals.

Read more on Our strategic performance and our SR

Our approach to integrated thinking image

**Executing Ambition 2030 strategy**

As we conclude our Ambition 2025 strategy, we are accelerating our transition into Ambition 2030 to drive the next horizon of sustainable growth and value creation.
See more on our strategy.