1&1 : Company Presentation on business Year 2023

Fiscal Year 2023 and Outlook 2024

Ralph Dommermuth		Company Development 2023
		1&1 Mobile Network

Markus Huhn		Financials 2023
		Outlook 2024

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Company development 2023

Broadband connections

• 4.01 million broadband connections
• VDSL and FTTH complete package including voice, IP-TV.
  Purchase via 1&1 Versatel, last mile via Deutsche Telekom and City Carriers

FTTH VDSL

FTTH VDSL

City

Carrier

DTAG

4

Product portfolio: Mobile

• 12.25 million mobile contracts
• Europe's first Open RAN, fully virtualized
• Broad market coverage - Target group specific marketing approach

Primary brand

Co branding

Discount brands

5

Customer contracts

18,00

16,00

14,00

12,00

Customer contracts (in million)
15,78	16,26	3,0%	 16.26m customer contracts (+ 0.48m)

 12.25m mobile internet (+ 0.57m)

10,00

8,00

6,00

4,00

2,00

0,00

11,68 12,25

4,104,01

31.12.2022 31.12.2023

Mobile Internet

Broadband Lines

• • 4.01m broadband lines (- 0.09m)
• Good progress in migration from ADSL to VDSL since Q1/23
• Q4: + 150,000 mobile contracts, broadband ownership stabilized

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Revenue

4.500

4.000

3.500

3.000

2.500

2.000

1.500

1.000

500

0

Revenue (in €m)

3.963,7 4.096,7 3,4%

3.175,4 3.243,2

788,3 853,5

31.12.2022 31.12.2023

Service revenue

Hardware revenue

• €4,096.7m revenue ( + 3.4 %)
• • €3,243.2m service revenue (+ 2.1 %)
  • €853.5m other revenue (+ 8.3 %) especially with smartphones
• Q4: + 4.5 % service revenue to €824.3m (yoy)

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EBITDA by segments

800

600

400

200

0

0

-50

-100-150

EBITDA Segment "Access" (in €m)

5,4%

745,7 786,2

31.12.2022 31.12.2023

EBITDA Segment "1&1 Mobile Network" (in €m)

-52,4

-132,4

31.12.2022 31.12.2023

Segment "Access"

• €786.2m operating EBITDA (+ 5.4 %)

Segment "1&1 Mobile Network"

• - €132.4m EBITDA (Plan related start-up costs)

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Capex

300,00

250,00

200,00

150,00

100,00

50,00

0,00

	Capex (in €m)
295,6
22,3	20,7%
245,0
	12,3

273,3

232,7

31.12.2022 31.12.2023

Segment Access

Segment 1&1 Mobile Network

• €295.6m Capex
• • €22.3m segment "Access"
  • €273.3m segment "1&1 Mobile Network", primarily for rollout (sites, computers, software etc.)

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2023

Customer Contracts

Revenue

of which Service Revenue

EBITDA

of which Access segment

of which 1&1 Mobile Network segment

EBIT

2022

15.78m €3.963,7m €3.175,4m €693,3m €745.7m

• €52.4m €534,9m

2023

16.26m €4.096.7m €3.243.2m €653.8m €786.2m

• €132.4m €455.8m

Change

+ 3.0 % + 3.4 % + 2.1 % - 5.7 % + 5.4 %

-14.8 %

 Dividend proposal to the Annual General Meeting 2024: €0.05 per voting share (minimum diviend according to sec. 254 AktG)

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