Telekom Austria Ag · VIE:TKA

Telekom Austria — A1 Telekom Austria Group — Shareholder Meeting (May 2021)

44 slides from Telekom Austria's shareholder meeting presentation, May 14, 2021

  1. Slide 1: 2021 Annual General Meeting

    2021 Annual General Meeting Vienna, May 14, 2021

  2. Slide 2: Virtual execution – 2021 Annual General Meeting

    Virtual execution – 2021 Annual General Meeting Live broadcast We offer you two alternative accesses to the Internet transmission with picture and sound in German and English language. Link 1: https://www.a1.group/en/ir/annual-general-meeting-2021 Link 2: https://s3-eu-west-1.amazonaws.com/streaming

  3. Slide 3: Virtual execution – Questions

    Virtual execution – 2021 Annual General Meeting Questions please to : fragen.telekom@hauptversammlung.at Question form available at: https://www.a1.group/en/ir/annual-general-meeting-2021 2021 Annual General Meeting 3

  4. Slide 4: Virtual execution – Voting and special proxies

    Virtual execution – 2021 Annual General Meeting Voting, motions for resolutions and raising objections by special proxies:  Florian Beckermann beckermann.telekom@hauptversammlung.at  Christoph Nauer nauer.telekom@hauptversammlung.at  Thomas Niss niss.telekom@hauptversammlung.at  Sascha Schulz sc

  5. Slide 5: Procedure – Virtual Annual General Meeting

    Procedure – Virtual Annual General Meeting  Determination of the invitation  Resolution proposals, reports  General debate  Interruption for further questions/motions for resolutions  Voting en bloc 2021 Annual General Meeting 5

  6. Slide 6: Agenda Item 1: Report on the 2020 Fiscal Year

    Agenda Item 1 Report on the 2020 Fiscal Year 6

  7. Slide 7: Members – Supervisory Board of Telekom Austria AG

    Members – Supervisory Board of Telekom Austria AG Shareholder representatives Carlos Garcia Edith Karin Moreno Alejandro Hlawati Peter Hagen Elizondo Cantú Jiménez Exner-Wöhrer Chair Vice Chair Thomas Carlos Peter Daniela Oscar von Schmid M. Jarque Kollmann Lecuona Torras Hauske Solís Employee repre

  8. Slide 8: Attendance – Supervisory Board and Committees 2020

    Attendance – Supervisory Board and Committees 2020 Supervisory Board Compensation Audit meetings committee committee Edith HLAWATI 6/6 (100%) 4/4 (100%) Carlos GARCIA MORENO ELIZONDO 6/6 (100%) 4/4 (100%) 5/5 (100%) Alejandro CANTU 5/6 (83%) Karin EXNER-WÖHRER 6/6 (100%) Peter HAGEN 6/6 (100%) 5/5 (

  9. Slide 9: Report of the Management Board

    Report of the Management Board 9

  10. Slide 10: A1 Telekom Austria Group – 2020 highlights

    A1 Telekom Austria Group – 2020 highlights  Pleasing business performance despite challenging environment  EBITDA increase thanks to operating efficiency, despite 4% roaming losses COV  Top priority: Business continuity and employee health -19  Reliability of the system-critical digital infrastr

  11. Slide 11: 2020 results – Pleasing results confirm resilience of the business model

    2020 results – Pleasing results confirm resilience of the business model Total revenues EBITDA -0.3% +1.0% +3.5% excluding FX & non-recurring effects Free cash flow Net result EUR 503.7 mn (+46.5%) EUR 388.8 mn (+18.7%) Mobile postpaid Internet@home +4.4% +5.1% TV and broadband stable Key figures on

  12. Slide 12: On a growth trajectory – A1 is a top performer in its peer group

    On a growth trajectory – A1 is a top performer in its peer group Revenues Adjusted EBITDA AL* Net debt/EBITDA* CAGR 2016–2020 CAGR 2016–2020 End of 2020** Deutsche Telekom* 3.2% Deutsche Telekom 5.8% OTE 0.5 A1 Group 1.9% Telenor (NOK) 2.9% Proximus 1.3 Telia (SEK) 1.5% A1 Group 2.4% Swisscom 1.5 Or

  13. Slide 13: Empowering digital life – Our vision is relevant more than ever

    Empowering digital life – Our vision is relevant more than ever Boost Core Growth Continuous Improvement Sweating the Assets Optimizing external expenses Increase Multiplay+ Partnering 4 operational efficiency Data-driven Marketing & Sales Develop new skills Scale Platform Business Digital Transform

  14. Slide 14: Long-term trends – Accelerated digitalization offering new opportunities

    Long-term trends – Accelerated digitalization offering new opportunities Boost in remote work and Demand for cyber security solutions video-conferencing Increased demand for higher fixed-line Growth in health monitoring, bandwidth telemedicine & self-diagnostics Opportunities in the e-learning marke

  15. Slide 15: A1 5Giganet – The backbone of Austria's digitalization

    A1 5Giganet – The backbone of Austria’s digitalization 5G Broadband expansion Data centers  A1 5Giganet combines the fastest  A1 fiber-optic network access  Largest operator of data centers in 5G technology with the largest points in 95% of all communities Austria: 12,000 m2 area fiber-optic netw

  16. Slide 16: ESG – Promotion of a more sustainable way of life with clearly defined ESG targets

    ESG – Promotion of a more sustainable way of life with clearly defined ESG targets “Environmental, Social & The E in ESG Corporate Governance (ESG)” was introduced as a strategy enabler.   Reduction of CO2 emissions to net zero by 2030 E  Increase energy efficiency by 80%* The A1 Telekom Austria

  17. Slide 17: Empowering a sustainable future

    Empowering a sustainable future – Promotion of a more sustainable way of life through digitalization  We are committed to the procurement or  Focus on digital education:  A1 Charge App: Simple access to over self-production of electricity from Development of digital skills such as 1,600 e-chargin

  18. Slide 18: People & culture – New ways of working at A1

    People & culture – New ways of working at A1 Diversity, equity & Agility “A1 Ways of Working” inclusion  Communication and training  Collaboration in cross-functional  COVID-19 as an accelerator of “new (unconscious bias initiative) agile teams ways of working”  Transparency through KPIs and  A

  19. Slide 19: 2020 Group results

    V / VL 2020 Group results 7 At |

  20. Slide 20: 2020 results – Strong operating performance in the Group

    2020 results – Strong operating performance in the Group Key financial figures  High demand for broadband 2020 2019 +/-% in EUR mn solutions makes up for roaming Service revenues 3,804.5 3,805.5 0.0% and FX losses Equipment revenues 659.4 663.9 -0.7%  Focus on operating efficiency Total revenues 4

  21. Slide 21: 2020 results – Austria

    2020 results – Austria Key financial figures 2020 2019 +/-% in EUR mn Revenues 2,622.1 2,648.1 -1.0% EBITDA 936.7 921.3 +1.7% EBITDA margin 35.7% 34.8% – EBITDA before restructuring 1,021.2 1,005.4 +1.6% EBITDA margin before restructuring 38.9% 38.0% – 5.1 mn mobile customers 3.1 Mio. RGUs Internet

  22. Slide 22: 2020 results – International operations

    2020 results – International operations Key financial figures 2020 2019 +/-% in EUR mn Revenues 1,955.8 1,957.5 -0.1% EBITDA 697.4 701.1 -0.5% EBITDA margin 35.7% 35.8% – Operating EBITDA (excluding FX and non-recurring 724.0 696.0 +4.0% effects) 14.7 mn mobile customers 2.9 mn RGUs Internet @ Home

  23. Slide 23: Conservative financial strategy – Balance sheet structure further strengthened

    Conservative financial strategy – Balance sheet structure further strengthened Leverage ratio Equity ratio Rating stable significantly reduced substantially increased Redemption of Net debt / EBITDA hybrid bond (pre IFRS 16) 38.5 Baa1/BBB+ 2.1 2.1 34.9 (stable outlook) 32.6 34.0 31.2 0.4 0.4 Baa2/BB

  24. Slide 24: Telekom Austria shares

    V / VZ Telekom Austria shares 7 At |

  25. Slide 25: Share performance – Telekom Austria shares

    Share performance – Telekom Austria shares Performance since 2020*: Performance YTD*: TKA: -4.7% TKA: +9.6% ATX: +4.5% ATX: +19.8% Since March 22, 2021, ATX Prime: +5.6% ATX Prime: +20.1% 120 Telekom Austria shares have Telco: -4.5% Telco: +14.0% been included in the ATX Prime 110 100 90 80 70 Treas

  26. Slide 26: Outlook 2021

    V , VZ Outlook 2021 7 At

  27. Slide 27: COVID-19 – Adjusted expectations for 2020 exceeded; Focus for 2021

    COVID-19 – Adjusted expectations for 2020 exceeded Focus for 2021: Revenue and margin growth 2020 2021 OUTLOOK ACHIEVED OUTLOOK approx. -2% Revenues (initial guidance: -0.3% approx. +1% +1–2%) CAPEX approx. -25% approx. EUR 800 (vs. initial guidance of EUR 585.6 mn (excl. spectrum) approx. EUR 770 m

  28. Slide 28: A1 Group – Strong position to take advantage of accelerated digitalization

    A1 Group – Strong position to take advantage of the opportunities of accelerated digitalization A business model as the foundation for digitalization, with growth opportunities arising from accelerated digital transformation Strong market position and uniform brand presence in our footprint Strong d

  29. Slide 29: Agenda Item 2: Appropriation of the net profit

    Agenda Item 2 Appropriation of the net profit 29

  30. Slide 30: Appropriation of the net profit

    Appropriation of the net profit The Management Board and the Supervisory Board propose to use the net profit of Telekom Austria AG generated in the 2020 fiscal year in the amount of EUR 388,824,000 as follows:  Distribution of a dividend of EUR 0.25 per eligible no par value share  The remainder i

  31. Slide 31: Agenda Item 3: Discharge of the members of the Management Board

    Agenda Item 3 Discharge of the members of the Management Board 31

  32. Slide 32: Discharge of the members of the Management Board

    Discharge of the members of the Management Board  Thomas Arnoldner  Alejandro Douglass Plater  Siegfried Mayrhofer The Management Board and the Supervisory Board of Telekom Austria AG propose to grant discharge to the members of the Management Board for the fiscal year 2020. 2021 Annual General M

  33. Slide 33: Agenda Item 4: Discharge of the members of the Supervisory Board

    Agenda Item 4 Discharge of the members of the Supervisory Board 33

  34. Slide 34: Discharge of the members of the Supervisory Board

    Discharge of the members of the Supervisory Board Shareholder representatives:  Edith Hlawati, Carlos Jose Garcia Moreno Elizondo, Alejandro Cantú Jiménez, Karin Exner-Wöhrer, Peter Hagen, Carlos M. Jarque, Peter F. Kollmann, Daniela Lecuona Torras, Thomas Schmid, Oscar von Hauske Solis Employee re

  35. Slide 35: Agenda Item 5: Compensation for the members of the Supervisory Board

    Agenda Item 5 Compensation for the members of the Supervisory Board 35

  36. Slide 36: Compensation for the members of the Supervisory Board

    Compensation for the members of the Supervisory Board The Management Board and the Supervisory Board of Telekom Austria AG propose to determine the remuneration for the elected members of the Supervisory Board for the 2020 financial year as follows, unchanged from the previous year: 2020 For the cha

  37. Slide 37: Agenda Item 6: Elections to the Supervisory Board

    Agenda Item 6 Elections to the Supervisory Board 37

  38. Slide 38: Dr. Peter F. Kollmann and Dr. Peter Hagen

    Dr. Peter F. Kollmann and Dr. Peter Hagen Proposal for the election of: Mr. Peter F. Kollmann, Mr. Peter Hagen, born November 25, 1962, born December 12, 1959, as of termination of this shareholder’s meeting until the termination of such shareholder’s meeting that resolves upon the discharge for the

  39. Slide 39: Agenda Item 7: Election of the auditors

    Agenda Item 7 Election of the auditors of the financial statements and of the consolidated financial statements 39

  40. Slide 40: Election of the auditors of the financial statements

    Election of the auditors of the financial statements and of the consolidated financial statements The Supervisory Board of Telekom Austria AG proposes to elect Ernst & Young Wirtschaftsprüfungsgesellschaft m.b.H , Vienna, as auditor and Group auditor for the 2021 fiscal year. 2021 Annual General Mee

  41. Slide 41: Agenda Item 8: Resolution on the Remuneration Report

    Agenda Item 8 Resolution on the Remuneration Report 41

  42. Slide 42: Resolution on the Remuneration Report

    Resolution on the Remuneration Report The Management Board and the Supervisory Board submit the Remuneration report of the Management Board and of the Supervisory Board for the vote of the Annual General Meeting. 2021 Annual General Meeting 42

  43. Slide 43: Remuneration system for the Management Board 2020

    Remuneration system for the Management Board 2020 2021 Annual General Meeting 43

  44. Slide 44: Many thanks for attending!

    Many thanks for attending! https://www.a1.group/

A1 Telekom Austria Group — Shareholder Meeting (May 2021) on 6ix