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MTN Group Limited

of Companies and Intellectual Property Commission for the year ended 31 December 2020, as required of a public company in terms of section 88(2)(e) of the Companies Act, No 71 of 2008, as amended, and that such returns and notices are true, ... overall internal financial control environment. The Group continued to strengthen its control ...

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Annual financial results

www.mtn.com

(2020: 2.2x), Holdco net debt down to R30.1 billion (2020: R43.3 billion) ROE improved to 19.6% (up 2.6pp) Capex of R39.4 billion (R32.7 billion under IAS17 with capex intensity of 18.0%) MoMo Active users up 22.6% to 56.8 million Value of transactions up to 56.8% to US$23.9 billion

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