Itissalat Al-Maghrib (IAM) S.A. Stock

Maroc Telecom is Morocco's No. 1 telecommunications operator. Net sales (including intra-group) break down by activity as follows: - mobile telephony (73.8%): 19.8 million customers in Morocco at the end of 2023, distributed between customers with prepaid cards (17.3 million) and with post-paid subscriptions (2.5 million). At the end of 2023, the group owned 10,742 base stations; - fixed telephony and Internet (26.2%): fixed telephony services (1.8 million lines installed in Morocco as of the end of 2023), interconnection services, data transmission, and Internet access (1,563,000 subscribers). Products and services are marketed through a network of 406 owned branches, more than 75,000 group-approved points of sale (tobacconists, local shops, etc.) and independent distribution channels. Morocco accounts for 51.5% of net sales (including intra-group).