Notes to the annual financial statements for the year ended 31 March 2026

1. Corporate information
2. Accounting framework and significant judgements
   1. Basis of preparation
   2. New accounting pronouncements
   3. Significant accounting judgements, estimates and assumptions
   4. Summary of material accounting policies
3. Performance
   1. Segment information
   2. Revenue
   3. Other income
   4. Expenses
   5. Earnings and dividend per share
   6. Reconciliation of profit before tax to cash generated from operations
   7. Changes in liabilities arising from financing activities
4. Working capital
   1. Lease receivables
   2. Inventories
   3. Trade and other receivables
   4. Cash and cash equivalents
   5. Trade and other payables
5. Long-term assets
   1. Property, plant and equipment
   2. Intangible assets
   3. Impairment of goodwill and cash-generating units
   4. Investment property
6. Financing structure and commitments
   1. Investment income
   2. Net finance charges and fair value movements
   3. Right-of-use assets and lease liabilities
   4. Interest-bearing debt
   5. Provisions
   6. Finance charges paid
   7. Commitments
   8. Contingencies
7. Financial risk
   1. Financial instruments and risk management
   2. Investments
   3. Other financial assets and liabilities
8. Taxation
   1. Income tax expense
   2. Deferred taxation
   3. Taxation paid
9. Equity structure
   1. Share capital
   2. Share-based compensation reserve
   3. Non-distributable reserves
   4. Dividend paid
10. Employee benefits
    1. Employee benefits summary
    2. The Telkom Pension Fund
    3. The Telkom Retirement Fund
    4. Medical benefits
    5. Telephone rebates
    6. Sensitivity analysis
    7. Telkom Group employee share scheme
11. Related parties
    1. Directors' interest and Prescribed Officers
    2. Related party transactions and balances
12. Group composition
    1. Group interest in subsidiaries and associates
    2. Changes in shareholding
    3. Discontinued operation
13. Events after the reporting date