Slide 1: Results Q2 2026
Results Q2 2026 July 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
Highlights KEY FIGURES H1 2026 +4.1% +4.2% EUR 1,429 mn +4.2% +4.3% EUR 562 mn -3.6% +0.7% EUR 2,795 mn Q2 2026 EUR 1,098 mn Q2 2026 EUR 374 mn EUR 335 mn Total revenues EBITDA (excl. restructuring) CAPEX Free cash flow Market highlights Outlook 2026 • Growth in all service revenue categories* in Q2
Slide 4: Customer development
Customer development Mobile subscribers Thereof Postpaid + 13.5% + 15.9% +3,816 k +3,927 k 3,751 32,122 3,823 28,628 393 465 3,358 3,358 28,306 24,701 65 104 Q2 2025 Austria International Q2 2026 Q2 2025 Austria International Q2 2026 A1 Digital CEE A1 Digital CEE 4 International incl. Bulgaria , Cro
Slide 5: Customer development
Customer development Total RGUs Internet@Home + 2.3% + 6.1% +145 k +242 k 293 6,540 246 4,235 6,395 141 305 -61 -88 105 -12 3,993 46 -148 -51 -4 Q2 2025 Austria International Q2 2026 Q2 2025 Austria International Q2 2026 BB & TV Voice BBI Cube International incl. Bulgaria , Croatia , Belarus, Sloven
Slide 6: Main Financials Q2 2026
Main Financials Q2 2026 Total Revenues Service Revenues EBITDA excl. restructuring EUR 1,429 mn EUR 1,185 mn EUR 562 mn reported excl. restructuring 9.1% 9.5% 6.3% 6.3% 4.3% 4.3% 4.2% 3.5% 2.0% 2.0% -1.9% -3.6% A1 Group Austria * International A1 Group Austria * International A1 Group Austria Intern
Slide 7: Q2 2026: Growth in all service revenue categories except Voice
Q2 2026: Growth in all service revenue categories except Voice Service revenues EUR 1,185 mn + 3.5% + 40 m 1,185 1,145 Q2 2025 Mobile core Cubes BB + TV Fixed voice IC Sol. & Conn. VR/NR Other Rev. Q2 2026 Cubes: Mobile WIFI routers and data boxes 7 IC: Interconnection; Sol. & Conn: Solutions and co
Slide 8: Q2 2026: EBITDA growth driven by service revenues and cost control
Q2 2026: EBITDA growth driven by service revenues and cost control EBITDA EUR 562 mn excl. restructuring 4.3% + 23 m 562 539 Q2 2025 Mobile Fixed Sol. + ICT & Other Equipment margin Core OPEX Q2 2026 Mobile: Retail mobile service revenues + visitor and national roaming + IC margin mobile – roaming c
Slide 9: Free Cash Flow
Free Cash Flow in EUR mn Q2 2026 Q2 2025 Δ H1 2026 H1 2025 Δ EBITDA 544 521 4.3% 1,044 999 4.4% Restructuring 18 18 -0.1% 55 55 -0.4% Lease paid -105 -101 4.4% -214 -205 4.5% Income taxes paid -42 -33 27.7% -61 -50 23.4% Net interest paid 15 4 n.m. 23 9 144.9% Change working capital & other changes
Slide 10: Focus Points
Focus Points 10 14
Slide 11: Sovereign cloud & AI – the next growth driver
Sovereign cloud & AI – the next growth driver Sovereign cloud Sovereign AI Exoscale – built in Europe, operated in Europe A1 Sovereign AI Stack on Exoscale • EU & AT data centers – data stays under European jurisdiction • Open -source data, ML, GenAI & agentic platform • Independence from hyperscale
Slide 12: Successfully scaling B2C non-core services – a strategic growth lever
Successfully scaling B2C non -core services – a strategic growth lever to stay relevant for customers ø Revenue per household Growth Pillars 1 2 EUR Core Non -core Phones, accessories, merchandise ~10% of ARPH partnerships 30.8 ~5% of ARPH non -core CAGR 2025 Ambition 2030 Key non -core services act
Slide 13: Outlook
Outlook 13 14
Slide 14: 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 15: Appendix
Appendix 15 14
Slide 16: Customer development
Customer development Mobile subscribers (in thousand) RGUs (in thousand) Group ARPU and ARPL op.* -1.3% +13.5% +2.3% 31,036 32,122 6,395 6,412 6,460 6,498 6,540 26.6 26.3 28,306 29,289 30,179 32% 33% 33% 34% 34% +0.6% 87% 87% 88% 89% 89% 11.7 11.8 44% 44% 45% 45% 45% 23% 23% 22% 22% 21% Q2 2025 Q3 2
Slide 17: P&L
P&L in EUR mn Q2 2026 Q2 2025 Δ H1 2026 H1 2025 Δ Revenues 1,429 1,370 4.2% 2,795 2,685 4.1% Q2 2026 OPEX -885 -849 4.2% -1,751 -1,685 3.9% Revenues increase EBITDA 544 521 4.3% 1,044 999 4.4% • Driven by growth in all markets except Austria. Margin 38.1% 38.0% +0.0pp 37.3% 37.2% +0.1pp Total OPEX i
Slide 18: Conservative financial policy and investment-grade ratings
Conservative financial policy and investment -grade ratings as of June 30, 2026 Overview Lines of credit Credit ratings • Total financial debt: EUR 795 mn • Total committed lines: EUR 1,315 mn • Average cost of debt: 1.73% − Thereof RCF: EUR 1,000 mn A3/ • Cash & cash equivalents: EUR 710 mn − There
Slide 19: End of Presentation
19 End of Presentation Draft for internal discussion