Orange : 2021- Présentation EN

Orange financial results #FY_2021

17th February 2022

Stéphane Richard

Chairman and CEO

Ramon Fernandez

Deputy CEO, Finance, Performance and Development

1	FY 21 Results	1

Disclaimer

This presentation contains forward-looking statements about Orange's financial situation, results of operations and strategy. Although we believe these statements are based on reasonable assumptions, they are subject to numerous risks and uncertainties, including matters not yet known to us or not currently considered material by us, and there can be no assurance that anticipated events will occur or that the objectives set out will actually be achieved. More detailed information on the potential risks that could affect our financial results is included in the Universal Registration Document filed on 17 March 2021 with the French Financial Markets Authority (AMF) and in the annual report (Form 20-F) filed on 18 March 2021 with the U.S. Securities and Exchange Commission. Forward-looking statements speak only as of the date they are made. Other than as required by law, Orange does not undertake any obligation to update them in light of new information or future developments.

FY 21 Results

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Section One

FY 2021 highlights

Q4 Key messages

FTTH European leadership strengthened

with globally 11.8m customers +22% yoy out of 56.5m FTTH connectable homes

Convergence European leadership

confirmed with 11.5m customers and underpinned by Telekom Romania acquisition

& ongoing process with Voo

Full completion of TOTEM carve-out

and Orange Concessions

*see details on slide 28

Q4 EBITDAaL -0.7%yoy

+4.7% excl. employee shareholding plan

Q4 eCapex down -6.2%yoy

with more than 80% of our network rollout finalized in France

Organic cash flow* of €2.4bn

€2.7bn before tax refund allocation

FY 21 Results

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Our commitments for environment, digital inclusion and diversity

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Digital inclusion

develop connectivity and inclusive services		Ambitions
FTTH connectable homes	56.5m	69m / 2023
Orange Digital Centers	9	≥26 / 2025

Environment

reduce our CO2 eq. emissions and implement circular economy to achieve Net Zero Carbon by 2040

	CO2 emissions reduction vs 2015	-12%		-30%	/ 2025
	(scope 1&2)
	Collected mobile in Europe	20%	30%	/ 2025
Diversity
align	gender representation in management with employee representation
			31.6%	35%	/ 2025
Women in management network (%)

Energy management to limit CO2 emissions

• Group electricity consumption from renewable source in 2021: 36.3%
• Securing our energy supply in the long term: accelerating the PPA program and Solarisation As A Service contracts

FY 21 Results

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