Oman Telecommunications Company S.A.O.G. announced tender offer for: the (i) USD 900,000,000 6.625%. Secured Notes due April 2028 (ISIN: US692733AB47 (Rule 144A) /XS1805476659 (Reg S)) (2028 Notes); and the (ii) USD 600,000,000 5.625%. Secured Notes due October 2023 (ISIN: US692733AA63 (Rule 144A) /XS1805474951 (Reg S)) (2023 Notes) (the 2028 Notes and 2023 Notes each being a Series, and any notes within any such Series being the Notes), each issued by Oztel Holdings SPC Limited and guaranteed by the Company, to tender their Notes for purchase by the Company for cash (each such invitation an Offer and together, the Offers contained in, a tender offer memorandum dated 4 October, 2022 (the Tender Offer Memorandum).

Capitalized terms not otherwise defined in this announcement have the same meaning as assigned to them in the Tender Offer Memorandum. Following is the summary of the key commercial terms of the Offers: Notes: 2028 Notes: ISIN/CUSI P (for 144A Notes only): Rule 144A: US692733A, B47 /692733 AB4 Reg S: XS1805476659; Principal amount outstanding: USD 900,000,000; Coupon: 6.625%; Maturity Date: 24 April 2028; Acceptance Priority Level: 1; Early Tender Payment: USD 30 per USD 1, 000; Minimum Denomination: USD 200,000; Fixed Spread: 280 bps; Reference Security: US Treasury 4.125% due 30 September 2027, ISIN US91282C FM82; Hypothetical Early Consideration: USD 994.20 per USD 1,000; Bloomberg Reference Page: PX1; and Offer Cap: The total amount paid in respect of Notes purchased shall not exceed USD 600,000,000. Notes: 2023 Notes: Rule 144A: US692733A A63 /692733 AA6 Reg S: XS1805474; Principal amount outstanding: USD 600,000,000; Coupon: 5.625%; Maturity Date: 24 October 2023; Acceptance Priority Level: 2; Early Tender Payment: USD 30 per USD 1, 000; Minimum Denomination: USD 200,000; Fixed Spread: 190 bps; Reference Security: US Treasury 4.25% due 30 September 2024, ISIN US91282C FN65; Hypothetical Early Consideration: USD 995.99 per USD 1,000; Bloomberg Reference Page: PX1; and Offer Cap: The total amount paid in respect of Notes purchased shall not exceed USD 600,000,000.