Launching MEA largest 5G network in

Scott Gegenheimer, CEO of Operations,

Nokia internal use Zain Group at glance – 9M 2019

44% 9,640 TB EBITDA MARGIN 15.5 AVERAGE ONE OF THE HIGHEST IN MILLION DAILY DATA THE REGION CUSTOMERS VOLUME $4.0 IN BILLION IN REVENUE 4G $1.8 LONG TERM BILLION EVOLUTION IN EBITDA 49.1 (LTE) NETWORK IN , , & MILLION ACTIVE $504 CUSTOMERS MILLION IN NET INCOME OVER 7.7 MILLION 6,600 MARKET CUSTOMERS IN EMPLOYEES LEADER SAUDI ARABIA 1 IN , IRAQ, REPUBLIC OF SUDAN, JORDAN & LEBANON KUWAIT 5G SAUDI ARABIA

Nokia internal use Kingdom of Saudi Arabia ICT landscape

Hajj and Umrah National Industrial Development Human Capital National Transformation Quality of Life Public Investment National Character National Companies Program and Logistics Program Development Program Program Program Fund Program Enrichment Program Promotion Program

MCIT Strategy 2019-2023 Initiatives and Zain KSA Strategy Alignment

Develop ICT infrastructure especially for Deploy 5G network and FTTH across the kingdom. Broadband technologies and 5G technology. Advise and participate in standardization Develop and enhance ICT infrastructure committees to enable digital values proposition standardization and scalability. including spectrum strategy. Support and increase local content Improving local content index through prioritizing contribution to the country economy. local suppliers, Saudization program and venture capital investment.

Building constructive partnerships with Invest and participate in subsidized government telecommunication operators. projects and Hajj and Umrah seasons.

Enhance women labor participation. Zain WE Together Program.

Nokia internal use Zain Saudi Arabia Strategy

Strengthen the core business

Deliver growth from new Opportunities

Smart Network Evolution

Digitalization

Human Capital development

Nokia internal use Zain Saudi Arabia financial performance in 2019

Revenue 2018 vs 2019 Net Income 2018 vs 2019 Improving performance in every quarter and overall

-1% + 7 pp 6% +12% 667% 1,642 1,462 101 535 32 520 35 548 492 Million USD 34

13 Million USD Million 449 558 -10 -21 2018 2019 -18 2018 2019

Q3 Q2 Q1

Nokia internal use 5G Commercial Launch main theme

Nokia internal use Putting 5G at the core of our activities

Nokia internal use 5G Commercial Offers and CPEs

Nokia internal use 5G Coverage to date

27 2600 Cities Sites

Largest 5G commercial network in MEA

Nokia internal use Nokia 5G “Sophie” Project Scope

Over 4,000 5G sites in three years.

Dual 5G network with 2.6Ghz and 3.5Ghz bands.

Full MW swap to E band capacity 5Gbps to 20Gbps.

Nokia Professional Services, Project Management and Network planning and Optimization

Roll-out Progress Scope Commercially Launched Over 1,000 sites 5G Introduction 1,210 1,018

MW E band migration 1500 810 in three months!

Nokia internal use Zain Nokia network 5G performance

Revolutionized Customer Experience Versus LTE 10X better performance in throughput and improved latency

Nokia internal use Q&A

Nokia internal use Thank You

Nokia internal use