MTN Uganda Limited

Integrated Report for the year ended 31 December 2025

Member hightlight

Board Chairperson's statement

Mr. Charles Mbire

On behalf of the Board, I am pleased to present the Annual Report and Financial Statements of MTN Uganda for the year ended 31 December 2025. As we conclude our Ambition 2025 strategy, I am proud to reflect on a defining year in which MTN advanced key strategic priorities, strengthened our operating model, and delivered tangible outcomes that reinforce our value creation trajectory and position the company for sustainable growth Beyond 2025.

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CEO's statement

Ms. Sylvia Mulinge

As we advance Beyond 2025, our priority is to drive MTN’s continued growth and strengthen our position as Uganda’s most trusted and valued brand. Our performance reflects our unwavering commitment to customer‑centricity, and our team remains focused on delivering our strategic priorities to create sustained, long‑term value.

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CFO's statement

Mr. Andrew Bugembe

We delivered a robust set of results which were in-line with set targets and underlined our business resilience and execution strength. Value creation was a key driver for us. Our objective is to enhance the finance function as a centre for “value creation” within the business operation which understands and communicates how the company creates and protects value today, and how it will do so in the future

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Ag. MoMo Managing Director's statement

Mrs. Sarah Bateta Okwi

2025 was a strong year for MTN MoMo. We deepened partnerships, accelerated digital adoption, and broadened financial inclusion across consumers, merchants, and agents. Our expanded digital services and enhanced customer engagement delivered meaningful progress. I’m pleased to share this journey with you

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