Cell C Holdings Limited Integrated Annual Report

for the year ended 31 May 2026

Supplementary information

Glossary

2GSecond-generation mobile communications
3GThird-generation mobile communications
4GFourth-generation mobile communications
5GFifth-generation mobile communications
AFSAnnual Financial Statements
AGMAnnual General Meeting
AIArtificial intelligence
ARPUAverage revenue per user
B-BBEEBroad-based Black Economic Empowerment
CapexCapital expenditure
CAGRCompound annual growth rate
CECComm Equipment Company
CEOChief Executive Officer
CFOChief Financial Officer
ChurnAverage disconnections in a period divided by the average monthly customers
CSICorporate social investment
EBITDAEarnings before interest, taxation, depreciation and amortisation
EPSEarnings per share
ERMEnterprise risk management
ESGEnvironmental, social and governance
EVPEmployee value proposition
EXCOExecutive Committee
FTTHFibre-to-the-home
GHGGreenhouse gas
HEPSHeadline earnings per share
HLRHome Location Register
ICTInformation and communication technologies
IFRSInternational Financial Reporting Standards
ICASAIndependent Communications Authority of South Africa
IARIntegrated Annual Report
IPOInitial public offering
IoTInternet of Things
JSEJohannesburg Stock Exchange
King V™King V Report on Corporate Governance™, for South Africa, 2025
KPIKey performance indicator
LEOLow Earth Orbit (satellites)
LTILong-term incentive
MNOMobile network operator
MOIMemorandum of Incorporation
MOCNMulti-Operator Core Network
MTRMobile termination rate
MVNOMobile virtual network operator
NPSNet promoter score
POPIAProtection of Personal Information Act
ROCEReturn on capital employed
ROEReturn on equity
SDGsSustainable Development Goals
SENSStock Exchange News Service
SIMSubscriber identity module
SMESmall and medium enterprise
STIShort-term incentive
TPCThe Prepaid Company
TGPTotal guaranteed package
TSRTotal shareholder return
VoLTEVoice over Long-Term Evolution
YoYYear-on-year