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To sum up Consistent delivery on below-topline objectives despite challenging environment for core businesses Successful execution of cash generation strategy with cash flow/revenue ratio doubled in three years, and DFCF target reached a year early On track for connectivity-driven return to growth, with associated Capex and Opex already factored into financial objectives Further leverage of all elements of cash generation with follow-on ‘LEAP 2’ cost-savings plan generating resources to invest in growth verticals New DFCF target of circa €500m in FY 2022 Enhanced remuneration policy with a combination of dividend and share buy-backs 34
