Telekom Austria : Präsentation PDF (1.97 MB)

Results for the first half and the second quarter 2022

Vienna, July 12, 2022

Cautionary statement

'This presentation contains forward-looking statements. These forward-looking statements are usually accompanied by words such as 'believe', 'intend', 'anticipate', 'plan', 'expect' and similar expressions. Actual events may differ materially from those anticipated in these forward-looking statements as a result of a number of factors. Forward-looking statements involve inherent risks and uncertainties. A number of important factors could cause actual results or outcomes to differ materially from those expressed in any forward-looking statement. Neither A1 Telekom Austria Group nor any other person accepts any liability for any such forward-looking statements. A1 Telekom Austria Group will not update these forward-looking statements, whether due to changed factual circumstances, changes in assumptions or expectations. This presentation does not constitute a recommendation or invitation to purchase or sell securities of A1 Telekom Austria Group.'

Alternative performance measures are used to describe the operational performance. Please therefore also refer to the financial information presented in the Consolidated Financial Statements, as well as the reconciliation tables provided in the Earnings Release.

Results for the first half and the second quarter 2022	2

Operational and financial highlights

for the first half and the second quarter 2022

Highlights for the second quarter 2022

Group (in EUR million)	Q2 2022	Q2 2021	% change
Total revenues	1,208.4	1,165.8	3.7%
Service revenues	1,025.7	976.4	5.0%
EBITDA before restructuring*	477.1	448.6	6.3%
CAPEX	211.1	238.1	-11.4%

• Total revenues increased by 3.7%, driven by service revenue growth in all markets
• Further rebound of roaming traffic and continued growth momentum in solutions & connectivity business
• Higher energy costs in the footprint
• Group EBITDA before restructuring up 6.3% as service revenue growth more than compensated for higher core OPEX
• FX tailwind from the appreciation of BYN

• Increased mobile subscriber base (+4.3%) and RGUs (+1.0%); Internet@home growth + 4.9%
• Availability of high-value handsets posed a challenge
• Regulation: market analysis is ongoing, decision is expected before YE 2022
• ESG: increased focus on Social dimension
• Outlook 2022 confirmed:
• • Close to 3% total revenue growth
  • Capex increase of approx. 15% y-o-y

Results for the first half and the second quarter 2022	4

Austria and CEE markets in Q2 2022

Total revenues	Service revenues	EBITDA before restructuring
(in EUR mn)	(in EUR mn)	(in EUR mn)

		+3.7%
1165.8	9.9	36.9	1208.4
Revenues	Austria	CEE markets	Revenues
Q2 2021			Q2 2022

Deviation between A1 Group and the sum of Austria and CEE markets due to Corporate & Eliminations.

	+5.0%
976.4	12.1	39.9	1025.7
Service	Austria	CEE markets	Service
revenues			revenues
Q2 2021			Q2 2022

	+6.3%
448.6			477.1
8.5	19.6
EBITDA	Austria	CEE markets	EBITDA
before			before
restructuring			restructuring
Q2 2021			Q2 2022

	Restructuring charges: EUR 20.1 mn (Q2 2021: EUR 20.9 mn)
	Positive FX effects of EUR 8.9 mn in total revenues, EUR 6.8 mn in service
Results for the first half and the second quarter 2022	revenues and EUR 4.4 mn in EBITDA	5