Telefonica Deutschland Holding AG · LS:A1J5RX

Telefonica Deutschland — Q4 2022 Earnings Presentation

18 slides from Telefonica Deutschland's earnings presentation, Feb 22, 2023

  1. Slide 1: 1

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  2. Slide 2: Disclaimer

    Disclaimer Ee 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

  3. Slide 3: 3

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  4. Slide 4: Outperformed mid-term guidance (2020-2022)

    SEHR GUT MOBIL FUNK UND) ‘SG-N : Outperformed mid-term guidance (2020-2022) >10% 2x targeted cumulated revenue growth >1.5pp Improved mobile gross margin 15.3% Achieved lower than planned C/S based on German MNO FY22 actuals and consensus estimates

  5. Slide 5: Winning strategy execution based on strong company fundamentals

    Winning strategy execution based on strong company fundamentals Dynamic mobile market with future growth opportunities Macro-economics Strategy Execution Mobile Growth High network quality & award-winning services German economy Expected to grow B2B Attack SME-momentum through enhanced service offer

  6. Slide 6: Targeting nationwide 5G coverage latest by YE25

    Targeting nationwide 5G coverage latest by YE25 Energy ambition to keep overall consumption broadly flat Current Network ‘Very Good’ >80% / pay Fulfilled / F wosacicuny 0, Heft 1/2028 Telefonica Deutschland

  7. Slide 7: O2 Mobile

    O, Mobile Key driver of ‘more-for-more’ strategy April 2023 Launch +3€ Front-book increase Data & Speed connec eased data allowance PREIS/LEISTUNGS- SIEGER

  8. Slide 8: ESG Update

    ESG Update Long-term PPAs Direct sourcing of green energy Well recognised Top ESG rankings Extending ESG Leadership FY23 key focus areas of Responsible Business Plan: Energy efficiencies. Residual emissions. EU Taxonomy.

  9. Slide 9: FY22 Actuals

    FY22 Actuals 8,224 +5.9% @ EURm! yoy Dividend floor of EURc 18 for FY22 & FY23 Yeutschlar 9

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  11. Slide 11: Q4 Revenues and Q4 Growth

    Q4 22 Revenues : Q4 22 Growth +6.6% = } ~~, +8.8% +7.0% u/t! MSR +3.4% Handsets -2.3% Retail FBB @ Other coe

  12. Slide 12: 12

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  13. Slide 13: Improved MSR quality & cost management driving steady OIBDA growth

    Improved MSR quality & cost management driving steady OIBDA growth Free Cashflow following usual seasonality Q4 22 OIBDA' FY22 Free Cashflow % 2,523 EURm Soegr 30.4% OIBDA Margin yoy 1,209 EURm cm CA a2 667 CAPEX _———— 1,093 EURm | | | FCF Qi Q2 @3 453 EURm FCFaL 2022 Telefonica Deutschland

  14. Slide 14: Growing FCF generation with back-end loaded FCFaL profile

    Growing FCF generation with back-end loaded FCFaL profile Strong balance sheet FY22 FCF (EURm) OBDA GEEEND 2,523 Capex GED 1209 OpCF (OIBDA-Capex) — ?) 1,314 Capex payables @ 169 we Operational e 29 ine WC movements . Others @ -79 FCF G7! 1,093 Lease payments @ -640 FCFal @ 453 Growth momentum & nor

  15. Slide 15: >80% 5G pop coverage Focus on ESG strategy

    >80% 5G pop coverage Focus on ESG strategy Targeting ~90% coverage by YE23 | : t=) | Promoting a sustainable Nationwide latest by YE25 digital future

  16. Slide 16: 16

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  17. Slide 17: 17

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  18. Slide 18: Telefonica Deutschland

    Telefonica Deutschland

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