Statement on expected impact of COVID-19

08 Apr 2020 14:50 CET/CEST

Today, Royal KPN N.V. ("KPN") issues the following statement.

KPN expects to announce limited impact of COVID-19 on its operational KPIs and financial results in the first quarter of 2020. Currently, it is premature to say what the impact of COVID-19 will be for the remainder of the year. KPN has entered the current crisis with a strong balance sheet as well as undrawn committed credit facilities , resulting in a resilient balance sheet and a strong liquidity position.

KPN issues today's statement in response to a dialogue that it has had with the unions regarding labour-related measures that KPN has taken or considers taking in relation to COVID-19. In this context, a number of potential scenarios have been discussed, which unfortunately have become public . KPN stresses that it is premature to draw any conclusion on such scenarios.

KPN will publish its Q1 2020 trading update on Thursday 30 April 2020.

For more information: KPN Royal Dutch Telecom Investor Relations Wilhelminakade 123 3072 AP Rotterdam E-mail:ir@kpn.com

End of Announcement - EQS News Service

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Koninklijke KPN NV published this content on 08 April 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 08 April 2020 12:57:11 UTC