Magyar Telekom Telecommunications Plc · BET:MTELEKOM
Magyar Telekom Telecommunications — Magyar Telekom — Q4 2025 Earnings Presentation
18 slides from Magyar Telekom Telecommunications's earnings presentation, Feb 25, 2026
Slide 1: Magyar Telekom Group Q4 2025 Results Presentation
Magyar Telekom Group Q4 2025 Results Presentation February 25, 2026
Slide 2: Disclaimer
Disclaimer This investor presentation contains forward-looking statements. Statements that are not historical facts, including statements about our beliefs and expectations, are forward-looking statements. These statements are based on current plans, estimates and projections, and therefore should n
Slide 3: 2025 Hungarian Highlights
2025 HUNGARIAN HIGHLIGHTS 86% population based | access points outdoor 5G coverage Qe f >4 million gigabit 1.6 million fast access customers 1.6 million Magenta Moments clients Operation Support System transformation | Broad selection of streaming ] Al sotutions services — Magenta Al, CoMind, KeySto
Slide 4: Successful delivery against 2025 financial targets
Successful delivery against 2025 financial targets 2025 guidance 2025 results (change y-o-y) HUF Revenue 1%-3% growth 983.9 bn (+1.7%) HUF EBITDA AL ca 15% growth 386.8 bn (+16.1%) HUF HUF Adjusted Net Income at least 200 bn 207.4 bn (+27.5%) HUF HUF FCF1 at least 200 bn 220.9 bn (+33.8%) 1 excludin
Slide 5: Sustained revenue growth underpinned by steady momentum in service revenues
Sustained revenue growth underpinned by steady momentum in service revenues Revenue, FY 2025 vs FY 2024 • Mobile service revenue growth HUF bn reflects ongoing expansion in +1.7% 995 1.6 mobile data consumption 22.3 990 -1.5 983.9 985 -4.9 -1.0 980 • Fixed service revenue reflects 975 970 967.5 ViDa
Slide 6: Growing mobile data usage drives positive momentum in mobile segment
Growing mobile data usage drives positive momentum in mobile segment Mobile SIMs Mobile ARPU +3.3% ‘000 HUF +2.4% M2M Q4 2024 Prepaid Q4 2025 6,454 6,610 Postpaid 4,935 Blended +0.7% 4,968 21.7% 24.0% 7,816 Postpaid +3.1% 19.7% 18.6% 8,056 61.0% 58.5% 1,421 Prepaid +8.5% 1,542 58.5% 57.3% 250 M2M 0.
Slide 7: Continued fiber uptake fuels fixed market growth
Continued fiber uptake fuels fixed market growth Broadband, TV and fixed voice quarterly customer net adds Fixed voice, BB and TV ARPU Q4 2024 ‘000 ViDaNet decons. impact Q4 2025 HUF 17 13 12 16 16 5,542 7 8 11 Fixed BB +2.5% 5,679 -2 -20 -17 -17 -16 -15 -20 4,420 -45 -43 Pay TV -2.5% 4,308 -10 Q4 Q
Slide 8: EBITDA AL growth driven by higher gross profit and expiry of supplementary tax
EBITDA AL growth driven by higher gross profit and expiry of supplementary tax EBITDA AL, FY 2025 vs FY 2024 • Gross profit development in line with HUF bn 16.1% service revenue trends 400 36.4 3.8 386.8 380 -0.7 -4.5 • Profitability supported by expiry of 360 18.7 supplementary telecommunication 34
Slide 9: Significant rise in net income driven by EBITDA growth
Significant rise in net income driven by EBITDA growth Net income (and adjusted net income), FY2025 vs FY 2024 HUF bn +28% 220 8.3 54.4 208.4 207.4 200 -3.3 -7.2 -1.5 -1.0 180 162.6 157.8 160 -4.8 0 FY 2024 Adj. Adj.* FY 2024 EBITDA D&A Net financial Income tax Non-contr. FY 2025 Adj.* FY 2025 Adj.
Slide 10: Strong free cash flow driven by EBITDA uplift
Strong free cash flow driven by EBITDA uplift Free cash flow FY 2025 vs FY 2024 Capex AL, FY 2025 vs FY 2024 HUF bn 33.8% 240 14.0 54.4 8.7 2.6 220.9 -8.5 HUF bn 19.2% 200 -15.4 140 3.8 135.1 16.5 3.4 130 165.1 -1.9 160 120 113.3 110 0 0 FY 2024 EBITDA Working Other Capex Proceeds Other FY 2025 FY 2
Slide 11: Total shareholder remuneration
Total shareholder remuneration Proposed total shareholder remuneration in respect of 2025 earnings comprises: 1) cash dividend of HUF 136.4 billion* (corresponding to HUF 154 dividend per share) 2) share buyback of up to HUF 50.0 billion* HUF billion 50.0 Share buyback* 39.1 Share buyback 136.4 90.9
Slide 12: 2026 guidance
2026 guidance 2026 guidance ~300,000 new fiber access points Revenue low-single-digit growth Enhanced customer service and continued streamlining of offer portfolio EBITDA AL low-single-digit growth Operational improvements leveraging data & AI solutions Adjusted Net Income mid-single-digit growth F
Slide 13: Appendix
Appendix
Slide 14: Mobile KPIs
Mobile KPIs Postpaid customers Prepaid customers M2M ‘000 ‘000 ‘000 3,790 3,778 3,774 3,779 3,771 1,274 1,260 1,253 1,245 1,589 1,231 1,524 1,553 1,402 1,431 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Average mobile data us
Slide 15: Fixed KPIs
Fixed KPIs Fixed voice customers Fixed broadband customers Pay TV customers ‘000 ‘000 1,666 1,665 ‘000 1,654 1,438 1,418 1,401 1,197 1,649 1,381 1,390 1,178 1,151 1,134 1,119 1,633 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025
Slide 16: Net income Q4 2025 vs Q4 2024
Net income Q4 2025 vs Q4 2024 HUF bn +21% 46 9,4 0,6 44 42.9 -1.6 -1.5 -0.2 41.8 42 -1.1 40 38 1,7 36.3 36 34.6 34 0 Q4 2024 Adj. Adj.* Q4 2024 EBITDA D&A Net financial Income tax Non-contr. FY 2025 Adj.* FY 2025 Adj. net income result Interests net income *Adjustments are unaudited 16
Slide 17: North Macedonia performance highlights
North Macedonia performance highlights Revenues, Q4 2025 vs Q4 2024 EBITDA AL, Q4 2025 vs Q4 2024 HUF bn HUF bn +3.9% +1.8% 21.4 0.6 8.2 0.4 0.0 8.2 21.2 8.1 21.1 8.0 21.0 -0.2 0.0 7.9 7.9 20.8 20.7 7.8 7.7 -0.1 0.0 0.0 Q4 2024 Mobile Fixed SI/IT Q4 2025 Q4 2024 Gross profit Indirect costs IFRS 16 i
Slide 18: For further questions please contact the IR team
For further questions please contact the IR team Diána Párkányi-Várkonyi Capital Market Relations Hub Lead Phone: +36 1 481-7676 Email: varkonyi.diana.annamaria@telekom.hu Rita Walfisch Investor Relations Manager Phone: +36 1 457-6084 Email: walfisch.rita@telekom.hu