Eurotelesites Ag · VIE:ETS
Eurotelesites — Shareholder Meeting (June 2025)
40 slides from Eurotelesites's shareholder meeting presentation, Jun 4, 2025
Slide 1: Annual General Meeting 2025
Annual General Meeting 2025 EuroTeleSites AG 4 June 2025
Slide 2: Report on the Financial Year 2024
Agenda item 1 Report on the Financial Year 2024 2
Slide 3: Members of the Supervisory Board of EuroTeleSites AG
Members of the Supervisory Board of EuroTeleSites AG Capital representatives Barbara Potisk-Eibensteiner Oscar Von Hauske Solís Elisabetta Castiglioni Santiago Dawson Lemus Roxana Flores Alexanderson Daniel Hajj Slim Edith Hlawati Ernesto Leyva Pedrosa Elisabeth Muhr Ana Simic Employee representativ
Slide 4: Attendance Supervisory Board and Committees 2024
Attendance Supervisory Board and Committees 2024 ▪ Attendance Supervisory Board and CommitteesSupervisory 2023 Audit Remuneration Board Committee Committee Barbara Potisk-Eibensteiner 5/5 4/4 Oscar Von Hauske Solís 4/5 4/4 3/4 Elisabetta Castiglioni 5/5 4/4 Santiago Dawson Lemus 5/5 4/4 Roxana Flore
Slide 5: Presentation of the Board of Directors
Presentation of the Board of Directors For German, please put on your headphones 5
Slide 6: Infrastructure and Tenant Base Continue to Expand Steadily
EuroTeleSites Infrastructure and Tenant Base Continue to Expand Steadily, Stretching from Lake Constance to the Black Sea Total Number of Sites as of Net Adds Tenancy Ratio as of 31 December 2024 2024 31 December 2024 6.134 40 1.28x 7.875 66 2.771 30 1.21x 3.340 97 1.598 25 1.18x 1.882 66 587 14 1.0
Slide 7: Development of the Tenancy Ratio Across Markets
Current Development of the Tenancy Ratio Across all EuroTeleSites Markets – Broken Down by Rooftop and Greenfield Sites Tenancy Ratio Greenfield Tenancy Ratio Rooftop Tenancy Ratio: 1.24x 1.47 1.61 1.55 1.43 1.35 1.33 1.08 1.09 1.13 1.01 1.12 1.03 1.04 1.02 Tenancy Ratio YTD 2025 Austria Bulgaria Cr
Slide 8: EuroTeleSites Country Breakdown
EuroTeleSites Country Breakdown Austria is the Largest Entity Followed by Bulgaria and Croatia 2024 2024 Revenues EBITDAaL* 5% 5% 11% 11% 2% 3% 11% mEUR mEUR 11% 270 151** 60% 60% 11% 11% Austria Bulgaria Croatia North Macedonia Serbia Slovenia 8 *Corporate & Other, Eliminations is included in the A
Slide 9: Clear Structure for Working with our Anchor Tenant A1
Clear Structure for Working with our Anchor Tenant A1 Master Lease Agreement ▪ Blended fixed rent, subject to CPI-linked indexation (85% of annual local adjustment, but not more than 3%) Duration ▪ Unlimited duration with termination right for the anchor tenant after 8, 16 and 24 years and for EuroT
Slide 10: 229 New Sites and 57 Dismantled Leads to 172 Net Adds
229 New Sites and 57 Dismantled Leads to 172 Net Adds, Resulting in 13,637 Total Sites Number of total sites Number of tenants 1.24x Tenancy Ratio +396 +172 16,521 16,605 16,740 16,809 16,917 13,465 13,496 13,552 13,568 13,637 31 December 31 March 30 June 30 September 31 December 31 December 31 Marc
Slide 11: 47% of the CAPEX is Spent for Mandatory Upgrades
47% of the CAPEX is Spent for Mandatory Upgrades, with Largest Portion in Austria 6% 20% 9% 33% 2% 8% mEUR 55 Country CAPEX Split* 11% 63% 47% Austria Bulgaria Croatia Mandatory Total Growth Maintenance Upgrades CAPEX North Macedonia Serbia Slovenia 11 *Since the decimal place is not shown, it sums
Slide 12: EuroTeleSites Meets Growth Expectations in 2024
EuroTeleSites Meets Growth Expectations in 2024 +9.8% +8.1% excl. One-Time Revenues EBITDAaL mEUR mEUR 270 232 246 19 4 +12.8% One-Time Effects 151 127 134 247 Third- 56% Parties Margin 2022 Proforma 2023 Proforma 2024 2022 Proforma 2023 PF 2024 [audited] [unaudited] [audited] [audited] [unaudited]
Slide 13: EuroTeleSites is Digitalizing its Own Internal Processes
EuroTeleSites is Digitalizing its Own Internal Processes Asset management software ▪ Sitetracker Financial planning tool ▪ Farseer HR platform ▪ HiBob AI tool for contract management ▪ Deep Reader 13
Slide 14: Balance Sheet Total of 2 Billion Euros
EuroTeleSites has a Balance Sheet Total of 2 Billion Euros. As Communicated, Net Income was Used for Debt Reduction Assets Liabilities and stockholders’ equity as of 31 December (in mEUR) as of 31 December (in mEUR) 2,064 2,064 1,963 1,963 1,406 -28.940 1,303 995 966 Property, Total assets Long-term
Slide 15: ~29% Share Price Increase Throughout 2024
~29% Share Price Increase Throughout 2024 Equals Around mEUR 178 Market Capitalization Growth Institution as of Rating Price May 2025 Erste Group Buy 5.9 Euro (previously 5.4 Euro) Barclays ended coverage Overweight 6.0 Euro (previously 5 Euro) in May 2025 Comments ▪ mEUR 178 in market capitalizatio
Slide 16: Guidance for 2025 and Mid-term
Guidance for 2025 and Mid-term OPERATIONAL FINANCIAL FINANCIAL GUIDANCE GUIDANCE GUIDANCE MID TERM 2025 2025 Increase Revenue growth of ~4%*, as Revenue growth of third-party revenues revenue growth 2024 was 8.1% 3-5% CAGR ~200 net increase CAPEX Keep high levels of Macro Sites ~20% of revenues of m
Slide 17: Strong ESG Standards and Continued Commitment
EuroTeleSites has Strong ESG Standards and Remains Committed to Continuously Enhancing them Governance Code of Conduct & Compliance ▪ EuroTeleSites is not obliged to report under ESRS ▪ Implemented group-wide ▪ Results in savings for not performing an audit ▪ No violations reported in the past year
Slide 18: Votings
Votings 2 Resolution on the discharge of the members of the Management Board for the financial year 2024 3 Resolution on the discharge of the members of the Supervisory Board for the financial year 2024 4 Election of the auditor of the Financial Statements and of the Consolidated Financial Statement
Slide 19: Discharge of the Members of the Management Board
Agenda item 2 Discharge of the Members of the Management Board 19
Slide 20: Discharge of the Members of the Management Board
Discharge of the Members of the Management Board Members of the Management Board ▪ Ivo Ivanovski ▪ Lars Mosdorf The Management Board and the Supervisory Board of EuroTeleSites AG propose that the General Meeting adopts the following resolution: All members of the Management Board incumbent in the fi
Slide 21: Discharge of the Members of the Supervisory Board
Agenda item 3 Discharge of the Members of the Supervisory Board 21
Slide 22: Discharge of the Members of the Supervisory Board
Discharge of the Members of the Supervisory Board Members of the Supervisory Board ▪ Barbara Potisk-Eibensteiner ▪ Daniel Hajj Slim ▪ Oscar Von Hauske Solís ▪ Edith Hlawati ▪ Elisabetta Castiglioni ▪ Ernesto Leyva Pedrosa ▪ Santiago Dawson Lemus ▪ Elisabeth Muhr ▪ Roxana Flores Alexanderson ▪ Ana Si
Slide 23: Election of the Auditor of the Financial Statements
Agenda item 4 Election of the Auditor of the Financial Statements and of the Consolidated Financial Statements as well as the auditor of the Sustainability Report for the financial year 2025 23
Slide 24: Election of the auditor for the Financial Statements
Election of the auditor for the Financial Statements and for the Consolidated Financial Statements as well as the auditor of the Sustainability Report The Supervisory Board of EuroTeleSites AG proposes that the General Meeting adopts the following resolution: Deloitte Audit Wirtschaftsprüfungs GmbH
Slide 25: Resolution on the Remuneration Report
Agenda item 5 Resolution on the Remuneration Report 25
Slide 26: Resolution on the Remuneration Report
Resolution on the Remuneration Report The Management Board and the Supervisory Board of a publicly listed company shall prepare a clear and comprehensible report on the remuneration of the members of the Management Board and the members of the Supervisory Board pursuant to Section 78c in conjunction
Slide 27: Resolution on the compensation for Supervisory Board members
Agenda item 6 Resolution on the compensation for the members of the Supervisory Board for the financial year 2024 27
Slide 28: Resolution on the compensation for Supervisory Board members
Resolution on the compensation for the members of the Supervisory Board The Management Board and the Supervisory Board of EuroTeleSites AG propose that the remuneration of the Members of the Supervisory Board for the financial year 2024 is set as follows: Remuneration for in the amount of EUR Chairp
Slide 29: Elections to the Supervisory Board
Agenda item 7 Elections to the Supervisory Board 29
Slide 30: Elections to the Supervisory Board
Elections to the Supervisory Board The Supervisory Board of EuroTeleSites AG proposes that the General Meeting adopts the following resolutions: ▪ Ms Elisabetta Castiglioni is elected as member of the Supervisory Board of the Company with effect from the end of this Annual General Meeting until the
Slide 31: Elections to the Supervisory Board
Elections to the Supervisory Board The Supervisory Board of EuroTeleSites AG proposes that the General Meeting adopts the following resolutions: ▪ Mr Daniel Hajj Slim is elected as member of the Supervisory Board of the Company with effect from the end of this Annual General Meeting until the end of
Slide 32: Elections to the Supervisory Board
Elections to the Supervisory Board The Supervisory Board of EuroTeleSites AG proposes that the General Meeting adopts the following resolutions: ▪ Ms Ana Simic is elected as member of the Supervisory Board of the Company with effect from the end of this Annual General Meeting until the end of such A
Slide 33: Candidates for the Elections to the Supervisory Board
Candidates for the Elections to the Supervisory Board Elisabetta Castiglioni Santiago Dawson Lemus Roxana Flores Alexanderson Stefan Fürnsinn Daniel Hajj Slim Edith Hlawati Ernesto Leyva Pedrosa Elisabeth Muhr Ana Simic Oscar Von Hauske Solís 33
Slide 34: Resolution on the Amendment of the Articles of Association
Agenda item 8 Resolution on the Amendment of the Articles of Association in Sections 13, 15 and 18 34
Slide 35: Amendment of the Articles of Association in Sections 13, 15 and 18
Resolution on the amendment of the Articles of Association in Sections 13, 15 and 18 The Management Board and the Supervisory Board of EuroTeleSites AG propose that the General Meeting adopts the following resolution: Section 13 para (1) of the Articles of Association is amended, so that the second
Slide 36: Amendment of the Articles of Association in Sections 13, 15 and 18
Resolution on the amendment of the Articles of Association in Sections 13, 15 and 18 The Management Board and the Supervisory Board of EuroTeleSites AG propose that the General Meeting adopts the following resolutions: Section 15 para (4) to (7) of the Articles of Association are rephrased so that t
Slide 37: Amendment of the Articles of Association in Sections 13, 15 and 18
Resolution on the amendment of the Articles of Association in Sections 13, 15 and 18 The Management Board and the Supervisory Board of EuroTeleSites AG propose that the General Meeting adopts the following resolutions: The heading of Section 18 of the Articles of Association is amended to read as fo
Slide 38: General Debate
38 General Debate [eal EuroTeleSltes
Slide 39: Voting
39 Voting [eal EuroTeleSltes
Slide 40: Thank You for Attending!
Thank You for Attending! [eal EuroTeleSltes