+47 973 004 65 News NET1 INTERNATIONAL – OPERATIONAL UPDATE Home / News / Press releases / Net1 International – Operational update Published: 2 July 2021 Net1 International – Operational update Oslo, 2 July 2021 – Net1 International Holdings AS’ (“Net1 International”) Indonesian network has experienced technical difficulties and the service has been temporarily suspended. The management in Indonesia are working closely with local government officials to resolve the matter and resume network services. Net1 Indonesia stands committed to fully respect and protect the rights of all its 46,000 customers during the process and the customer care centre is ready to assist. Net1 International intends to share further updates on the above-mentioned matter, the proposed capital raise, the publishing of the 2020 accounts and the calling of its AGM during the summer. ABOUT NET1 INTERNATIONAL Net1 International has investments in 4G LTE operations in Indonesia. Indonesia has a population of 261 million, and Net1 Indonesia has a total 15MHz of bandwidth on the LTE-enabled 450MHz band. ENDS Related news You might also be intrested in All news Net1 International Terms of Use Privacy Policy Contact us info@net1.international cfo@net1.international © Net1 International, 2021

+47 973 004 65 News NET1 INTERNATIONAL – DIVESTMENT OF THE PHILIPPINES OPERATION Home / News / Press releases / Net1 International – Divestment of the Philippines operation Published: 11 May 2021 Net1 International – Divestment of the Philippines operation Oslo, 11 May 2021 – Net1 International Holdings AS (“Net1 AS” or the “Group”, NOTC Ticker: Net1) has entered into an agreement to divest its share in Broadband Everywhere Corporation, to its local partner, Citadel Holdings Inc. All necessary conditions for the transaction have been met and the transaction has been completed. The parties have agreed not to communicate the value of the transaction. The majority of the sale proceeds will be used to pay down some of the existing outstanding shareholder loans from Rasmussengruppen and Sampoerna and the remaining amount will be re-invested into Net1 International’s Indonesian operation. “This transaction is in line with our strengthened strategic focus on the Indonesian market and will provide us with enough funding until a proposed capital raise in July”, says JD Fouchard, Interim CEO of Net1 International. The divestment was approved unanimously by the board of Net1 AS. ABOUT NET1 INTERNATIONAL Net1 International has investments in 4G LTE operations in Indonesia. Indonesia has a population of 261 million, and Net1 Indonesia has a total 15MHz of bandwidth on the LTE-enabled 450MHz band. ENDS Related news You might also be intrested in All news Net1 International Terms of Use Privacy Policy Contact us info@net1.international cfo@net1.international © Net1 International, 2021