MOBILE TELEPHONE NETWORKS HOLDINGS LIMITED - MTN Group Limited credit rating opinion by Moodys

MTN Group Limited credit rating opinion by Moody’s

MOBILE TELEPHONE NETWORKS HOLDINGS LIMITED
Incorporated in the Republic of South Africa
Registration number 1993/001411/06
(MTNH) or (the Company)

MTN Group Limited Credit Rating Opinion by Moody's

Noteholders are referred to the Moody's Investors Service (Moody's) press release on 16 May 2025 on MTN Group Limited.

Moody's has affirmed MTN Group Limited's (MTN) Ba2 long-term corporate family rating (CFR). The ratings outlook remains
stable. This rating action forms part of the annual review of MTN Group's credit rating.


For commentary and details on the ratings action taken, please refer to Moody's press release available on their website:
https://www.moodys.com/research/Moodys-Ratings-affirms-MTNs-Ba2-rating-outlook-stable-Rating-Action--PR_507046

19 May 2025

Debt Sponsor: The Standard Bank of South Africa Limited, acting through its Corporate and Investment Banking division.

Date: 19-05-2025 08:30:00
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