About América Móvil, S.A.B. de C.V.

America Móvil, S.A.B. de C.V. provides telecommunications services in 22 countries. The company is a leading telecommunications services provider in Latin America, ranking first in wireless, fixed-line, broadband and Pay TV services based on the number of revenue generating units (‘RGUs’). The company’s largest operations are in Mexico and Brazil, which together account for over half of the company’s total RGUs and where the company has the largest market share based on RGUs. The company had operations in 15 countries in the Americas and seven countries in Central and Eastern Europe as of December 31, 2022. On July 1, 2022, the company completed the sale of its Panamanian operations to Cable & Wireless Panama, S.A., an affiliate of LLA. Segments The company operates through Mexico Wireless; Mexico Fixed; Brazil; Colombia; Southern Cone (Argentina, Chile, Paraguay and Uruguay); Andean Region (Ecuador and Peru); Central America (Costa Rica, El Salvador, Guatemala, Honduras, and Nicaragua); the Caribbean (the Dominican Republic and Puerto Rico); and Europe (Austria, Belarus, Bulgaria, Croatia, North Macedonia, Serbia and Slovenia) segments. Principal Brands The company operates in all of its geographic segments under the Claro brand name, except in Mexico and Europe. Services and Products The company offers a wide range of services and products that vary by market, including wireless voice, wireless data and value-added services, fixed voice, fixed data, broadband and IT services, Pay TV and over-the-top (‘OTT’) services. Wireless Operations As of December 31, 2022, the company’s wireless operations represented approximately 80.4% of the company’s total RGUs. Voice and Data: The company’s wireless subsidiaries provide voice communication services across the countries in which they operate. The company offers international roaming services to the company’s wireless subscribers through a network of cellular service providers with which the company’s wireless subsidiaries have entered into international roaming agreements around the world, and who provide GSM, 3G, 4G-LTE and 5G roaming services. The company’s wireless voice services are offered under a variety of plans to meet the needs of different market segments. In addition, the company often bundle wireless data communications services together with wireless voice services. The company’s wireless subsidiaries had approximately 300 million wireless voice and data subscribers as of December 31, 2022. Prepaid customers typically generate lower levels of usage and are often unwilling or financially ineligible to purchase postpaid plans. The company’s prepaid plans have been instrumental to increase wireless penetration in Latin America and Eastern Europe to levels similar to those of developed markets. Additionally, prepaid plans entail little to no risk of non-payment, as well as lower customer acquisition costs and billing expenses, compared to the average postpaid plan. In general, the company’s average rates per minute of wireless voice are very competitive for both prepaid and postpaid plans. In addition, the plans the company offers its retail customers include selective discounts and promotions that reduce the rates the company’s customers pay. Value-Added Services: As part of the company’s wireless data business, the company’s subsidiaries offer value-added services that include Internet access, messaging and other wireless entertainment and corporate services through GSM/EDGE, 3G, 4G LTE and 5G networks. Internet services include roaming capability and wireless Internet connectivity for feature phones, smartphones, tablets and laptops, including data transmission, e-mail services, instant messaging, content streaming and interactive applications. For example, in Mexico, the company’s website for its wireless services (www.telcel.com) through Radiomóvil Dipsa, S.A. de C.V. (‘Telcel’), offers a wide range of services and content, such as video, music, games and other applications, which the company’s subscribers can access from mobile devices. In addition, the company offers other wireless services, including wireless security services, mobile payment solutions, machine-to-machine services, mobile banking, virtual private network (‘VPN’) services, video calls and personal communications services (‘PCS’). Fixed Operations As of December 31, 2022, the company’s fixed operations represented approximately 19.6% of the company’s total RGUs. Voice: The company’s fixed voice services include local, domestic and international long-distance, under a variety of plans to meet the needs of different market segments, specifically tailored to the company’s residential and corporate clients. Data: The company offers data services, including data centers, data administration and hosting services to the company’s residential and corporate clients under a variety of plans. Broadband: The company provides residential broadband access through hybrid fiber-coaxial (‘HFC’) or fiber-optic cable. These services are typically bundled with voice services and are competitively priced as a function of the desired or available speed. As a complement to these services, the company offers a number of products such as home networking and smart home services. IT Solutions: The company’s subsidiaries provide a number of different IT solutions for small businesses and large corporations. The company also provides specific solutions to the industrial, financial, government and tourism sectors, among others. Pay TV The company offers Pay TV through cable and satellite TV subscriptions to both retail and corporate customers under a variety of plans. As of December 31, 2022, the company had approximately 13.3 million Pay TV RGUs. Equipment, Accessories and Computer Sales Equipment, accessories and computer sales primarily include the sale of handsets, accessories and other equipment. Other Services Other services include other businesses, such as telephone directories, call center services, wireless security services, advertising, media and software development services. OTT Services The company sells video, audio and other media content that is delivered through the internet directly from the content provider to the viewer or end user. The company’s most important service is ClaroVideo, an on-demand internet streaming video provider with more than 33,600 content titles sold across all the Latin American and Caribbean markets in which the company operates. The company offers bundled packages of ClaroVideo, which may include: Subscription video on demand, providing unlimited access to a catalogue of over 33,600 titles for a fixed monthly subscription fee; Transactional video on demand and electronic sell-through, offering the option to rent or buy new content releases; and Add-on services, such as subscription and other OTT services through a platform payment system, including access to FOX, HBO, Noggin and Paramount+, among others. The company also offers an advertised and unlimited music streaming and downloading service in 15 countries in Latin America and Europe through ClaroMúsica, with access to approximately 50 million titles across all music genres. Networks The company owns and operates one of the largest integrated platforms based on the company’s covered population across 15 countries in Latin America. The company is expanding its network in Europe. Infrastructure With fully convergent platforms, the company is able to deliver high-quality voice, video and data products. As of December 31, 2022, the main components of the company’s infrastructure were consisted of: Cell Sites: 103,055 sites with 2G, 3G, 4G and 5G technologies across Latin America and Europe. Tower space for the company’s cell sites is a combination of towers the company own, and tower spaces leased from third parties. Additionally, the company has been expanding its coverage and improving quality and speed with a number of street cells and indoor solutions. Fiber-optic Network: More than 1,096 km. The company’s network passed approximately 93 million homes. Submarine Cable Systems: Capacity in more than 197 thousand km of submarine cables, including the AMX-1 submarine cable that extends 18,300 km and connects the United States to Central and South America with 13 landing points and also the South Pacific Submarine Cable that extends 7,300 km along the Latin American Pacific coast, connecting Guatemala, Ecuador, Peru and Chile with five landing points. Both systems provide international connectivity to all of the company’s subsidiaries in these geographic areas. Satellites: Five (5). Star One S.A. (‘Star One’) has the most extensive satellite system in Latin America, with a fleet that covers the United States, Mexico, Central America and South America. The company uses these satellites to supply capacity for DTH services for Claro TV throughout Brazil and in other DTH Operations, as well as cellular backhaul, video broadcast and corporate data networks. Data centers: 33. The company uses its data centers to manage a number of cloud solutions, such as Infrastructure as a Service (‘IAAS’), Software as a Service (‘SAAS’), security solutions and unified communications. Marketing The company advertises its services and products through different channels with consistent and distinct branding and targeted marketing. The company advertises via print, radio, television, digital media, sports event sponsorships and other outdoor advertising campaigns. In 2022, the company’s efforts were mainly focused on promoting the company’s 5G services, leveraging the speed and quality of the company’s networks and the company’s fixed bundled offers, which compete on broadband speed and premium content. Sales and Distribution The company’s extensive sales and distribution channels help the company attract new customers and develop new business opportunities. The company primarily sells its services and products through a network of retailers and service centers for retail customers and a dedicated sales force for corporate customers, with more than 402,000 points of sale and more than 3,600 customer service centers. The company’s subsidiaries also sell their services and products online. Competition The company competes against other providers of wireless, broadband and Pay TV that operate on a multi-national level, such as AT&T Inc., Telefonica and Millicom, as well as various providers that operate on a nationwide level, such as Telecom Argentina in Argentina and Telecom Italia in Brazil. History America Móvil, S.A.B. de C.V. was founded in 2000. The company was incorporated under laws of Mexico in 2000.