Telefonica Deutschland Holding AG · LS:A1J5RX
Telefonica Deutschland — Q3 2023 Earnings Presentation
24 slides from Telefonica Deutschland's earnings presentation, November 2023
Slide 1: 1
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Slide 2: Disclaimer
Disclaimer This document contains statements that constitute forward-looking statements and expectations about Telefonica Deutschland Holding AG (in the following “the Company” or “Telefonica Deutschland’) that reflect the current views and assumptions of Telefonica Deutschland's management with res
Slide 3: Germany Established Player Operational
Germany Established Player Operational Attractive and dynamic Leveraging Excellence telecoms market economies of scale _ ee Driving digitalisation Strong macro Rational market Data growth Largest ; owned customer base All-infrastructure Soft convergence . set-up Multi-brand & -channel 3 integrated p
Slide 4: Business Climate Index
Business Climate Index! Jan 2019 Jan2020 Jan2021 Jan2022 Jan 2023 Oct Deutschland 1ifo institute forecast September 2023
Slide 5: Competitive Environment
Competitive Environment Rational & balanced market! Market development? Mobile service revenues? (EUR bn) { 43.4% + 4+3.1% 1 ~ 7: n- m« Telefnica Deutechla 2021 2022 2023e fe) vodafone 29% Fixed BB retail revenues? (EUR bn) Fiber Ml Cable MM DSL OE sr 10.1 10.5 1.2 * Rational market following 4 to 3
Slide 6: Leading M4M including 5G mass-market enablement
Leading M4M including 5G mass-market enablement 6
Slide 7: High quality green 5G network - driving digitalisation & economic growth
High quality green 5G network - driving digitalisation & economic growth Achieved 5G target of >90% already by 9M 23 ‘Very Good’ Network >90% 5G coverage ‘Very Good’ Service Telefonica Deutschland
Slide 8: 8
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Slide 9: Extended growth path on track for FY23 outlook
Extended growth path on track for FY23 outlook 9
Slide 10: FCFaL trend with usual year-end phasing
FCFaL trend with usual year-end phasing 600 400 200 -100 10
Slide 11: Fully on track for upgraded FY23 outlook
Fully on track for upgraded FY23 outlook 11
Slide 12: We look forward to your feedback
Director Investor Relations +49 179 9000 208 christian.kern@telefonica.com We look forward to Head of Investor Relations +49 176 7290 1221 marion.polzer@telefonica.com your feedback Senior Investor Relations Officer +49 176 3147 5260 eugen.albrecht@telefonica.com 12
Slide 13: Appendix
Appendix 13
Slide 14: Mobile KPIs
Mobile KPls Postpaid net adds! (k) Prepaid net adds (k) 368 264 Q3 22 Q4 22 Q123 Q2 23 Q3 22 Q3 22 Mobile customer base (k) Hl Postpay ex M2M Prepay ex M2M M2M 46.974 44,307 44,363 44591 45,021 17164 169% 173 17945 1849= 15,791 15,769 Telefonica Deutschland sc Q4 22 Q123 ddefi Q223 Q3 22 14
Slide 15: Mobile KPIs
Mobile KPls Postpaid ARPU ex M2M (EUR) Prepaid ARPU (EUR) Q3 22 Q4 22 Q123 Q2 23 Q3 22 Q3 22 Q4 22 Q123 Q2 23 Q3 22 u/L Postpaid O, ARPU (%) 26% 16% 0.7% 0.4% ie a322 a422 123 Q223 Q3 22 Telefonica Deutschland 15 eve
Slide 16: Fixed KPIs
Fixed KPIs Retail broadband net adds (k) Fixed accesses (k) MM Cable Ml Fibre ME vost | DsL MM vost 38 2,276 2,294 2,319 2,340 2,371 B 18 25 28 | | 1.829 1.845 1.851 — Q3 22 Q4.22 Q123 Q223 Q3 22 Q3 22 Q4 22 Q123 Q223 Q3 22 Fixed retail ARPU (EUR)! 25.3 25.4 Q3 22 Q4 22 Q123 Q2 23 Q3 22 Telefonica D
Slide 17: Revenue structure (EUR)
P&L Revenue structure (EUR) Fixed Ml Handset Ml MSR Other revenues 2,085 ae 2,101 204 203 OIBDA' (EUR) Q3 22 Q4 22 OpEx split? (EUR) Hl Personnel expenses [lll Supplies Other 1,489 1874 1523 Il OIBDA adj, for exceptional effects CapEx? (EUR) Q3 22 Q4 22 Q123 Telefonica Deutschland —Arisiesiorexe 29.
Slide 18: Continuing strong profile
Continuing strong profile1 (m€) (m€) 1 excludes undrawn facilities 18
Slide 19: More-for-more 'O2 Mobile' tariff portfolio launched Apr-23
More-for-more ‘O, Mobile’ tariff portfolio launched Apr-23 O, Mobile M O, Mobile L [) Data volume 4GB 25 GB 70 GB IG Flexible contract duration: ON 1GB yoy 5 GB yoy 10 GB yoy monthly contract termination Max. Speed 300 Mbit/s 300 Mbit/s 300 Mbit/s ae Network 4G /5G AG /5G 4G /5G All customer needs V
Slide 20: More-for-more 'O2 Mobile' unlimited tariff portfolio launched Apr-23
More-for-more ‘O, Mobile’ unlimited tariff portfolio launched Apr-23 Max. Speed Network VOICE/SMS flat EU Roaming Monthly fee Telefonica Deutschland 3 MBit/s AG /5G 4 VA 32.” OQ, Mobile Unlimited Smart 15 MBit/s AG /5G SY SY 42.” O, Mobile Unlimited Max 500 Mbit/s AG /5G 4 4 99.” Gal Unlimited usage
Slide 21: Upload speeds
10 MBit/s Upload 2 MBits/s 99 99 24. 29. . 21
Slide 22: Future-proof spectrum set-up to enable best customer experience
Future-proof spectrum set-up to enable best customer experience Utilisation today Total availability Total spectrum holding 5% 5% 1&1 31% 32% 32% 22
Slide 23: S&P Global / FTSE Russell ESG ratings
Risk Low: 12.7 (Low) | Exposure Score: 40.0 (Medium) | Management Score: 75.9 (Strong) Rating: AA 'Status: January 2023 2Note: Result 2021 23
Slide 24: Telefónica Deutschland
Telefonica Deutschland
Telefónica Deutschland Holding — Q3 2023 Earnings Presentation on 6ix