Phuthuma Nathi IAR 2023

(1) Trading pro t includes the nance cost on transponder lease liabilities but excludes the amortisation of intangible assets (other than software), impairment of assets, equity-settled share-based payment expenses and other operating gains/losses. (2) The total tax contribution amount re ects all cash taxes paid and collected by MultiChoice SA. The tax paid amount is the actual cash tax incurred and paid by MultiChoice SA in FY23 and includes corporate income tax, property taxes, social security contributions, etc. The tax collected amount re ects taxes not incurred by MultiChoice SA, but taxes that were collected by MultiChoice SA on behalf of revenue authorities (e.g. PAYE and VAT). To our shareholders ZAR8.7bn trading profit(1) (FY22: ZAR10.8bn) ZAR6.7bn core headline earnings (FY22: ZAR7.3bn) ZAR5.5bn dividends declared (FY22: ZAR6.0bn) To our government and regulators ZAR5.7bn total tax contribution(2) (FY22: ZAR6.8bn) ZAR2.5bn total tax paid(2) (FY22: ZAR2.9bn) ZAR3.1bn total tax collected(2) (FY22: ZAR3.8bn) To our suppliers ZAR11.98bn spent on local South African suppliers (100% with BBBEE-compliant suppliers) (FY22: ZAR13.4bn; 88%) ZAR2.63bn spent on South African small, medium and micro-enterprises (FY22: ZAR3.0bn) ZAR1.98bn spent on South African suppliers who are at least 30% women-owned (FY22: ZAR2.8bn) 1 081 accredited installers, employing 5 153 trained technicians (FY22: 1 127 installers; 3 416 technicians) ZAR18.8bn invested in content (FY22: ZAR18.0bn) ZAR2.6bn spent on set-top box purchases (FY22: ZAR2.7bn) To our society 1.6m children reached in schools and communities through Let’s Play physical education challenge Level 1 BBBEE since the start of BBBEE ratings in South Africa ZAR284m spent on CSI projects (FY22: ZAR296m) 136 students were trained through MultiChoice Talent Factory over the past eight years 275 DStv Diski Challenge players promoted to PSL first teams since inception Phuthuma Nathi Investments (RF) Limited Integrated annual report 2023 39 Overview Introduction Understanding Phuthuma Nathi Understanding MultiChoice SA MultiChoice SA performance Financial review Corporate governance review Shareholder information

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