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Forward-looking Statement

1 2 Forward-looking Statement Certain statements contained in this document may be viewed as Forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Such Forward-looking statements involve known and unknown risks, uncertainties and other factors, which may cause the actual performance, financial condition or results of operations of China Mobile Limited (the Company ) to be materially different from those implied by such Forward-looking statements. In addition, we do not intend to update these Forward-looking statements. Further information regarding these risks, uncertainties and other factors is included in the Company s most recent Annual Report on Form 20-F filed and other filings with the Securities and Exchange Commission. 3 Management Present Mr. SHANG Bing Executive Director & Chairman Mr. LI Yue Executive Director & CEO Mr. SHA Yuejia Executive Director & Vice President Executive Director, Vice President & CFO Mr.

10 2016 2017 2018E 177.5 166.1 CAPEX -5.2% Constantly Enhancing Development Capabilities and Sustainability with an Ongoing Boost to Investment Efficiency

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