2022

Integrated Annual Report

2022 Integrated Annual Report

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Contents

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04 - Orange at a glance

  1. - Message from Chairman Jacques Aschenbroich
  1. - Interview with CEO Christel Heydemann
  1. - Lead the Future_ strategic plan
  1. - Key performance indicators

Our strengths

22 - A best-practice governance model

26 - An Executive Committee to deliver the new strategic plan

28 - A compensation policy reflecting the Group's balanced strategy

30 - Our business model

  1. - Trends and opportunities
  1. - Risk management
  1. - Ongoing stakeholder dialog
  1. - Committed, multi-talented teams
  1. - A financial strategy in line with our CSR commitments
  1. - A business with ethics at the core

Our approach to value creation

56 - Europe

  1. - Africa and the Middle East
  1. - Infrastructure
  1. - Businesses
  1. - Environment
  1. - Social factors

Our impact

112 - Our results and targets

122 - Our contribution to the UN 2030 Agenda

Orange

2022 Integrated Annual Report

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Orange at a glance

Revenue in 2022

€43.5 bn

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Number of customers

287 m

Number of mobile customers

241.9 m

Number of fixed broadband customers

24.3 m including 13.7 m very high-speed broadband (FTTH) customers

Number of employees

136,000

26 countries

and a global presence with Orange Business

Europe

Belgium, France, Luxembourg, Moldova, Poland, Romania, Slovakia, Spain

Africa and the Middle East Botswana, Burkina Faso, Cameroon, Central African Republic, Côte d'Ivoire, Democratic Republic of the Congo, Egypt, Guinea, Guinea-Bissau,Jordan, Liberia, Madagascar, Mali, Mauritius, Morocco, Senegal, Sierra Leone, Tunisia

Orange

2022 Integrated Annual Report

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"At this very challenging time for telecom operators, our resources help us deliver very solid results."

Jacques Aschenbroich,

Chairman

Message from Jacques Aschenbroich - 7

Orange has reached a critical juncture in its history.

At this very challenging time-with rising inflation, intense competition, investment in new technologies, and the omnipresent French regulator pushing us to assert our rights and reiterate the commitments we have fulfilled-our technological and human resources help us deliver very solid financial results and a healthy balance sheet. These results enable us to continue making vital investments in our-fixed and mobile- infrastructure and improving the quality of the services we offer our customers.

In 2022, we put in place a new governance structure separating the roles of Chair and Chief Executive Officer. This change was welcomed by all Board members according to an external assessment conducted at the end of the year. As Chairman, I lead the Board in approving the Group's strategy and overseeing its implementation. As Chief Executive Officer, Christel Heydemann has more power to steer the company- something she does very enthusiastically and energetically-and address 21st-century challenges.

Starting in summer 2022, the Strategy and Technology Committee held four meetings to prepare a strategy seminar that took place at the beginning of 2023. Its work enabled the Board to prepare and approve the Lead the Future strategic plan put forward by the Chief Executive Officer. This plan, which was presented to Group shareholders and employees on 16 February 2023, plays to our strengths as a provider of vital connectivity services and infrastructure.

I have great faith in the ability of Christel, her teams, and all Orange employees to implement the strategic plan in a way that benefits all our stakeholders, employees, customers, and shareholders.

Orange

2022 Integrated Annual Report

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Orange SA published this content on 24 May 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 31 May 2023 07:31:12 UTC.