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Build the largest and most valuable platforms

Pivot from 'product' to 'platform' play

100m MoMo users

High 20% to low 30% growth in fintech service revenue

fintech

69.5m

30.0%

Drive industry-leading connectivity operations

MTN subscribers

Doubling of consumer mobile data

Step change in efficiencies

Own the Home

Leading FibreCo in Africa

300m subscribers

200m active data users

>R5bn of expense savings off the 2020 base

10m homes

Fibre footprint >135 000km

Digital infrastructure

307.2m

172.6m

R7.4bn (of revised R7-8bn target,
2024 – 2026)

7.0m (includes MBB)

141 000km

Create
shared value

Step change in ESG positioning of the Group

Greenhouse gas (GHG) emissions

Broadband coverage

Diversity and inclusion

Sentiment shift through stakeholder management

Broad-based ownership and inclusion across markets

Continuous growth in contribution to society

Top quartile ESG ratings

~50% average reduction target by 2030 and Net Zero emissions by 2040

95% broadband coverage by 2025

50% female representation by 2030

MTN Reputation Index Score >75%

Localisations:

– MTN Ghana

Continue to contribute to societies and economies

Create shared value

Declining, refer to Create shared value

48%

94%

45%

80.1%

30% localisation

~R150bn in economic value added

Portfolio
optimisation

Execute on ARP and reduction of leverage

Reveal value of platforms and infrastructure assets

ARP proceeds >R25bn

Fintech and FibreCo separation

Digital infrastructure

R22.6bn of ARP target achieved.
Progressed work on Fintech and FibreCo separation.

Key: Achieved annual targets In progress

MTN Group Limited Integrated Report for the year ended 31 December 2025

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