Telekom Austria AG · VIE:TKA
Telekom Austria — Shareholder Meeting (May 2016)
50 slides from Telekom Austria's shareholder meeting presentation, May 25, 2016
Slide 1: Annual General Meeting, Vienna, 25 May 2016
ANNUAL GENERAL MEETING VIENNA, 25 MAY 2016
Slide 2: Agenda
Agenda 01 Report on the 2015 financial year 02 Utilisation of net retained profits 03 Approval of the actions of the Management Board 04 Approval of the actions of the Supervisory Board 05 Determination of Supervisory Board remuneration 06 Elections to the Supervisory Board 07 Election of the audito
Slide 3: Agenda item 1: Report on the 2015 financial year
Agenda item 1 Report on the 2015 financial year 3
Slide 4: 2015 Growth Change
2015. GROWTH CHANGE
Slide 5: >24 MN Customers, Revenues, Net Profit 2015
CUSTOMERS REVENUES >24 MN 393 EUR MN NET PROFIT 2015 +0.2% NET RESULTS DEVELOPMENT IN EUR MN 2010 2011 2012 2013 2014 2015 195 -253 104 52 -185 393 5
Slide 6: >24 MN Customers
MOBILE 20.7 MN +3% +4% BROADBAND FIXED 3.4 MN +28% +24% BROADBAND TV 1.1 MN +94% >24 MN CUSTOMERS 6
Slide 7: Growth through Investment
GROWTH THROUGH INVESTMENT CORE BUSINESS NEW PORTFOLIO 45% MOBILE 45% FIXED M&A 10% CLOUD/IT/OTT 7
Slide 8: Frequencies
FREQUENCIES Republic Croatia Belarus of Serbia 1800 900 1800 MHz Republic MHz MHz of Serbia 800 MHz 8
Slide 9: Fibre
FIBRE 74% 69% G.Fast + +500 Mbps 40% Vplus 28% 50-200 Mbps 19% 2% 2014 2015 9 16 Mbps 30 Mbps 30+ Mbps 9
Slide 10: Innovation: Synergies with Start-ups
SYNERGIES WITH START-UPS INNOVATION 10
Slide 11: Single RAN, IP-Photonics, Network Function Virtualisation
single RAN IP-Photonics network function virtualisation harmonisation: business support systems 11
Slide 12: Best network technologies for our customers
Best network technologies for our customers 5G technology demonstrated in a With Vplus technology more field trial together with Nokia. than 200 Mbps several times proofed in FTTB scenarios. 12
Slide 13: M&A: Slovenia/Croatia, Bulgaria, Macedonia
M&A SLOVENIA/CROATIA BULGARIA MACEDONIA 13
Slide 14: Vision
VISION Core business Growth Portfolio Innovation Targeted M&A Relevance in Europe 14
Slide 15: 2015 Growth Investment
2015. GROWTH INVESTMENT
Slide 16: Key Financial Figures: Group revenues
Key Financial Figures 2015 2014 +/- % in EUR mn Group revenues 4,027 4,018 +0.2% EBITDA comparable 1,373 1,286 +6.7% EBITDA comparable- 34% 32% n.m. margin Net profit/loss 393 -185 n.m. 16
Slide 17: Key Financial Figures: Capex, Free Cash Flow, Net debt
Key Financial Figures 2015 2014 +/- % in EUR mn Capital expenditures 780 757 +3.0% Free Cash Flow 355 156 +127.4% Net debt 2,676 2,693 -0.6% Net debt/EBITDA 1.9x 2.1x n.m. comparable 17
Slide 18: Key Financial Figures: Austria revenues
Key Financial Figures in 2015 2014 +/- % EUR mn Revenues 2,527 2,472 +2.2% EBITDA comparable 886 755 +17.3% CAPEX 452 399 +13.5% MOBILE SUBSCRIBERS FIXED ACCESS LINES 5,455k 2,291k +0.6% +0.2% 18
Slide 19: Key Financial Figures: Segment revenues
Key Financial Figures in 2015 2014 +/- % EUR mn Revenues 365 371 -1.8% EBITDA comparable 133 143 -7.2% CAPEX 74 103 -27.7% MOBILE SUBSCRIBERS FIXED ACCESS LINES 4,236k 584k +0.3% +279.9% 19
Slide 20: Key Financial Figures: Segment revenues
Key Financial Figures in 2015 2014 +/- % EUR mn Revenues 371 378 -1.8% EBITDA comparable 83 84 -1.5% CAPEX 72 70 3.5% MOBILE SUBSCRIBERS FIXED ACCESS LINES 1,734k 283k -0.4% +28.9% 20
Slide 21: Key Financial Figures: Belarus
Key Financial Figures in 2015 2014 +/- % in BYR EUR mn Revenues 327 355 -7.9% +20.2% EBITDA comparable 164 172 -5.1% +21.4% CAPEX 66 49 +36.4% MOBILE SUBSCRIBERS 4,957k +0.1% 21
Slide 22: Key Financial Figures: Segment revenues
Key Financial Figures in 2015 2014 +/- % EUR mn Revenues 481 481 0.1% EBITDA comparable 138 137 +0.9% CAPEX 117 137 -14.9% MOBILE SUBSCRIBERS FIXED ACCESS LINES 3,981k 210k +15.0% +235.8% 22
Slide 23: Share Price
Share Price
Slide 24: Share price performance in 2016 driven by positive business development
Share price performance in 2016 driven by positive business development Performance of the Telekom Austria share 2015 Performance 2016 to date Indicated as of 1 January 2015 Indicated as of 1 January 2016 TKA: -8.6% TKA: +8.9% 130% ATX: +11.0% 120% ATX: -8.5% Telco: +8.4% Telco: -6.8% 120% 110% 110%
Slide 25: Compliance
Compliance
Slide 26: Compliance Management System embedded throughout the group
Compliance Management System and compliance measures embedded throughout the group > The Telekom Austria Group today has a compliance management system (CMS) which was audited by the audit and consulting company PwC in 2013. PwC issued Telekom Austria AG a positive audit report for its CMS with no f
Slide 27: Compliance breaches are fully investigated and appropriately penalised
Compliance breaches are fully investigated and appropriately penalised > No compliance management system can fully prevent misconduct on the part of individuals. > However, breaches of compliance regulations are investigated in detail in the Telekom Austria Group and appropriate sanctions are impose
Slide 28: Agenda item 2: Utilisation of net retained profits
Agenda item 2 Utilisation of net retained profits 28
Slide 29: Proposal on the utilisation of the net retained profits
Proposal on the utilisation of the net retained profits The Management Board and the Supervisory Board propose to use the net retained profits of Telekom Austria AG generated in the 2015 financial year in the amount of EUR 292,772,081.99 as follows: > Distribution of a dividend of EUR 0.05 per eligi
Slide 30: Agenda item 3: Approval of actions of the Management Board
Agenda item 3 Approval of the actions of the Management Board 30
Slide 31: Approval of the Actions of the Management Board
Approval of the Actions of the Management Board The Management Board and the Supervisory Board of Telekom Austria AG propose to grant discharge to the members of the Management Board for the fiscal year 2015. 31
Slide 32: Agenda item 4: Approval of actions of the Supervisory Board
Agenda item 4 Approval of the actions of the Supervisory Board 32
Slide 33: Approval of the Actions of the Supervisory Board
Approval of the Actions of the Supervisory Board The Management Board and the Supervisory Board of Telekom Austria AG propose to grant discharge to the members of the Supervisory Board for the 2015 financial year. 33
Slide 34: Agenda item 5: Supervisory Board remuneration
Agenda item 5 Determination of Supervisory Board remuneration 34
Slide 35: Supervisory Board remuneration remains unchanged
Supervisory Board remuneration remains unchanged The Management Board and the Supervisory Board of Telekom Austria AG propose to determine the remuneration for the elected members of the Supervisory Board for the 2015 financial year as follows: 2015 For the chairman EUR 30,000 For the deputy chairme
Slide 36: Agenda item 6: Elections to the Supervisory Board
Agenda item 6 Elections to the Supervisory Board 36
Slide 37: Dr. Peter Hagen
Dr. Peter Hagen > Proposal for the election of Mr. Peter Hagen, born on 12 December 1959, as of termination of this extraordinary general meeting until the termination of such general meeting that resolves upon the discharge for the business year 2018, to the supervisory board of the Company Mr. Hag
Slide 38: Dr. Peter Hagen: Education/Career
Dr. Peter Hagen Education/Career > Iuris Doctor, University of Vienna > 2000 - 2004 Deputy General Manager of Kooperativa pojistovna, Prague > 2004 – 2009 Member of the Management Board of Wiener Städtische (later VIG) > 2009 – 2012 Deputy General Manager of Vienna Insurance Group > 2012 – 2015 Grou
Slide 39: Reelection: Alejandro Cantú Jiménez, J.D.
Reelection: Alejandro Cantú Jiménez, J.D. > Proposal for the election of Mr. Alejandro Cantú Jiménez, born on 26 April 1972, as of termination of this extraordinary general meeting until the termination of such general meeting that resolves upon the discharge for the business year 2018, to the super
Slide 40: Reelection: Alejandro Cantú Jiménez, J.D.
Reelection: Alejandro Cantú Jiménez, J.D. Education/Career > Iuris Doctor, Universidad Iberoamericana, Mexico City > International Associate at Fried, Frank, Harris, Shriver & Jacobson > Associate at Mijares Angoitia, Cortés y Fuentes, S.C. > Since 2001 General Counsel at América Móvil, S.A.B. de C.
Slide 41: Reelection: Mag. Stefan Pinter
Reelection: Mag. Stefan Pinter > Proposal for the election of Mr. Stefan Pinter, born on 15 April 1978, as of termination of this extraordinary general meeting until the termination of such general meeting that resolves upon the discharge for the business year 2016, to the supervisory board of the C
Slide 42: Reelection: Mag. Stefan Pinter
Reelection: Mag. Stefan Pinter Education/Career > Degree in Law, University of Graz > 2007 - 2011 European Affairs Manager, OMV AG > Since 2012 Member of the Management Team, Head of/Manager Corporate Affairs, PHILIP MORRIS AUSTRIA GmbH 42
Slide 43: Reelection: Mag. Reinhard Kraxner
Reelection: Mag. Reinhard Kraxner > Proposal for the election of Mr. Reinhard Kraxner, born on 7 May 1970, as of termination of this extraordinary general meeting until the termination of such general meeting that resolves upon the discharge for the business year 2016, to the supervisory board of th
Slide 44: Reelection: Mag. Reinhard Kraxner
Reelection: Mag. Reinhard Kraxner Education/Career > Degree in Law, University of Graz > 1996 – 2000 Inhouse Counsel Treasury, Creditanstalt AG/Bank Austria AG > 2000 – 2001 Legal Counsel, red-stars.com data AG > Since 2002 Assistant General Counsel Treasury/Finance at Philip Morris International Ma
Slide 45: Agenda item 7: Election of the auditor
Agenda item 7 Election of the auditor of the single-entity and consolidated financial statements 45
Slide 46: Election of the auditor of the single-entity and consolidated financial statements
Election of the auditor of the single-entity and consolidated financial statements The Supervisory Board of Telekom Austria AG proposes to elect Ernst & Young Wirtschaftsprüfungsgesellschaft m.b.H , Vienna, as auditor and Group auditor for the 2016 financial year. 46
Slide 47: Agenda item 8: Share buy-back and treasury shares
Agenda Item 8: Management report on the share buy-back effected, number of treasury shares held and use of treasury shares 47
Slide 48: Management report on the share buy-back and treasury shares
Management report on the share buy-back, number of treasury shares held and use of treasury shares A resolution on this item of the agenda is not required. 48
Slide 49: Many thanks for attending!
Many thanks for attending! www.telekomaustria.com 49
Slide 50: Annual General Meeting, Vienna, May 2016
ANNUAL GENERAL MEETING VIENNA, 25 MAY 2016