O2 Czech Republic : Board of Directors approved 2018 dividend proposal and partial share premium distribution in total amount of CZK 21 per share (25 April 2019)

Inside information

O2 Czech Republic Board of Directors approved 2018 dividend proposal and partial share premium distribution in total amount of CZK 21 per share

April 25, 2019

The Board of Directors of O2 Czech Republic (the "Company") approved the 2018 dividend proposal in the total amount of CZK 5,274 million, which represents CZK 17 before tax per share with the nominal value of CZK 10 and CZK 170 before tax per share with a nominal value of CZK 100. This represents 98% of the unconsolidated net profit for 2018. The Company's Board of Directors proposes to allocate the remaining part of the net profit for 2018 (CZK 84 million) to the retained earnings.

On top of the regular dividend, the Company's Board of Directors proposes a distribution of a part of the share premium in the amount of up to CZK 1,241 million, which means CZK 4 before tax per each share with the nominal value of CZK 10 and CZK 40 before tax per share with the nominal value of CZK 100.

The proposed dividend and share premium distribution payment date is July 4, 2019, while those who will be shareholders on June 4, 2019 will be entitled to exercise the right to the dividend and the share premium distribution.

The Company holds treasury shares. The Company will not be entitled to the dividend payment and the amount related to the distribution of the share premium. Thus, the final total amount paid to the shareholders will depend on the actual number of treasury shares held by the Company as of June 4, 2019.

The proposal has been acknowledged by the Supervisory Board and will be subject to a vote at the Annual General Meeting to be held on June 4, 2019, where the shareholders of the Company will be deciding on its adoption. The proposal will also form a part of the invitation to the Annual General Meeting. The invitation will be published in due course as required by the law.

Contacts Investor Relations

O2 Czech Republic a.s. [e-mail] t [phone]

About O2 Czech Republic

O2 is the largest integrated telecommunications provider in the Czech market. At present we operate close to eight million mobile and fixed accesses, which ranks us among the market leaders in fully converged services in Europe. To users of mobile services in the Czech Republic we offer state-of-the-art HSPA+ and LTE technology. For our customers, the O2 brand does not mean telecommunications only. O2 is capable to meet also the most demanding customers' requests also in ICT area and offer them hosting, cloud and managed services in our data centres, with total floor area of 7,300 square metres. O2 data centres obtained as the first commercial ones in the Czech Republic and Central Europe TIER III certification. With our O2 TV we are also the largest IPTV service provider in the Czech Republic.

O2 Czech Republic a.s. Za Brumlovkou 266/2	T 800 02 02 02	www.o2.cz/spolecnost/en/investor-relations/
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