Telekom Austria Ag · VIE:TKA
Telekom Austria — Q1 2026 Earnings Presentation
18 slides from Telekom Austria's earnings presentation, April 2026
Slide 1: Results Q1 2026
Results Q1 2026 April 2026
Slide 2: Cautionary statement
Cautionary statement This presentation contains forward -looking statements. These forward -looking statements are usually accompanied by words such as ›believe‹, ›intend‹, ›anticipate‹, ›plan‹, ›expect‹ and similar expressions or by ›outlook‹. Actual events may differ materia lly from those anticip
Slide 3: Highlights Q1 2026
Highlights Q1 2026 KEY FIGURES Q1 2026 +3.9% –26.3% +4.6% +53.5% EUR 1,366 mn EUR 164 mn EUR 500 mn EUR 235 mn Total revenues CAPEX EBITDA Free cash flow Market highlights Outlook 2026 ■ Growth acceleration in CEE with service ■ Total revenue growth: +2 –3% yoy revenue growth of 11.5% ■ CAPEX excl.
Slide 4: Customer development
Customer development Internet@Home Postpaid Mobile Core Postpaid +6.0% +2.1% 4.113 14.053 131 246 54 3.878 13.759 47 95 -45 Q1 2025 AUT International Q1 2026 Q1 2025 AUT International Q1 2026 BBI Cube Internet@Home postpaid: including fixed broadband internet (BBI) and postpaid mobile Wifi routers 4
Slide 5: Main Financials Q1 2026
Main Financials Q1 2026 Total Revenues Service Revenues EBITDA EUR 1, 366 mn EUR 1,143 mn EUR 500 mn EBITDA excl. restructuring and one -offs 11.5% 10.7% 9.6% 3.9% 4.2% 3.2% 4.6% -2.3% -1.9% -2.7% -4.1% A1 Group Austria * International A1 Group Austria * International A1 Group Austria International
Slide 6: Q1'26: Service revenue growth driven by ICT; growth in mobile, broadband and TV
Q1’26: Service revenue growth driven by ICT; growth in mobile, broadband and TV Service revenues EUR 1.143 mn + 3.2% + 35 mn 1,143 1,108 Q1 2025 Mobile core Cubes Fixed BB + TV Voice IC Sol. & Conn. VR/NR Other Q1 2026 Cubes: Mobile WIFI routers and data boxes; 6 IC: interconnection; Sol. & Conn: so
Slide 7: Q1'26: EBITDA growth driven by service revenues and cost control
Q1 ‘26: EBITDA growth driven by service revenues and cost control ; core OPEX entirely driven by license costs (ICT driven) EBITDA EUR 500 mn EBITDA excl. restructuring: +22mn | +4.2% +4.6% + 22 mn 500 478 Q1 2025 Mobile Fixed Other Equipment Restructuring Core OPEX Q1 2026 margin (excl. restr uctur
Slide 8: Free Cash Flow Q1 2026
Free Cash Flow Free cas h flow EUR 235 mn Q1 2026 • Better operational result in EUR mn Q1 2026 Q1 2025 Δ • lower CAPEX, partly due to lower EBITDA 500 478 4.6% spectrum payments Restructuring 36 37 -0.6% Lease paid -109 -104 n.m. • change in working capital and Income taxes paid -19 -17 n.m. other
Slide 9: Focus Points
Focus Points 9 14
Slide 10: Austrian mobile core market: high-value market share remains stable
Austrian mobile core market : Despite pressure on ARPU, high -value market share remains stable Austrian mobile core market high-value 41.9% 41.6% • 3 MNOs & >30 MVNOs and resellers 58.1% 58.4% (~18% SIM market share) low-value • New low -value entrants started in 2026 Subscriber split Subscriber sp
Slide 11: International markets: Sustained growth trajectory
International markets : Sustained growth trajectory AT Harvesting the benefits of strategic CAGR CAGR Int. 48% investments Total revenues EBITDA +7%p 52% since 2021 • Expanded fixed & fiber footprint as scalable +8% +10% International in % of Group revenues growth platform for mobile, fixed and ICT
Slide 12: Outlook
Outlook 12 14
Slide 13: Guidance 2026
Guidance 2026 Revenue growth p.a. CAPEX excl. spectrum +2 -3 % ~ EUR 750 mn Driven by CEE markets & service revenues; Upselling in Continuing expansion of fiber and 5G networks, mobile consumer segment, strong demand for both in Austria and CEE markets connectivity and ICT solutions, fixed -line bus
Slide 14: Appendix
Appendix 14 14
Slide 15: Customer development
Customer development Mobile subscribers (in thousand) RGUs (in thousand) Group ARPU and ARPL op.* + 1 .9% y-o-y 6,498 -3 .8 % 30,179 31,036 6,379 6,395 6,412 6,460 28,306 29,289 27,588 32% 32% 33% 33% 34% 27.0 26.0 +1 .0% 87% 87% 87% 88% 89% 44% 44% 44% 45% 45% 11.4 11.5 24% 23% 23% 22% 22% Q1 2025
Slide 16: P&L
P&L in EUR mn Q1 2026 Q1 2025 Δ Revenues 1,366 1,314 3.9% Q1 2026 OPEX (866) (837) 3.6% EBITDA 500 478 4.6% Total OPEX Margin 36.6% 36.4% +0.2pp • Increase due to higher cost of service and one-off effects - - 0.0% equipment Restructuring 36 36 0.1% C ore OPEX increase EBITDA excl. one-offs & restr.
Slide 17: Conservative financial policy and investment-grade ratings
Conservative financial policy and investment -grade ratings As of March 31, 2026 Overview (March 31, 2026) Lines of credit (March 31, 2026) Credit ratings • Total financial debt: EUR 755 mn • Total committed lines: EUR 1,315 mn • Average cost of debt: 1.5% o Average term to maturity: A3/A - 4.07 yea
Slide 18: End of Presentation
18 18 End of Presentation Draft for internal discussion
Telekom Austria AG (A1 Group) — Q1 2026 Earnings Presentation on 6ix