Telekom Austria Ag · VIE:TKA
Telekom Austria — A1 Group — Q3 2026 Earnings Presentation
19 slides from Telekom Austria's earnings presentation, October 2026
Slide 1: Results Q3 2026
Results Q3 2026 October 2026
Slide 2: Cautionary statement
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 or by ›outlook‹. Actual events may differ materia lly from those anticip
Slide 3: Highlights
Highlights EBITDA excl. Total revenues restructuring CAPEX Free cash flow + 4.3 % + 3.4 % + 4.5 % + 8.1 % EUR 4,260 mn EUR 1,692 mn EUR 596 mn EUR 571 mn 9M 2026 9M 2026 9M 2026 9M 2026 + 4.6 % + 1.9 % + 21.6 % + 20.6 % EUR 1,465 mn EUR 595 mn EUR 222 mn EUR 236 mn Q3 2026 Q3 2026 Q3 2026 Q3 2026 Op
Slide 4: Customer development
Customer development Internet@Home Mobile subscribers postpaid 4,306 k 29,818 k Q3 2026 Q3 2026 + 6.5% + 17.3% +261 k +4,403 k 274 4,306 4,312 29,818 454 117 157 3,858 4,045 40 -53 25,416 90 -13 Q3 2025 Austria International Q3 2026 Q3 2025 Austria International Q3 2026 Fixed broadband Cube A1 Digit
Slide 5: Main Financials Q3 2026: Growth driven by international markets
Main Financials Q3 2026: Growth driven by international markets Total revenues Service revenues EBITDA excl. restructuring EUR 1,465 mn EUR 1,205 mn EUR 595 mn Q3 2026 Q3 2026 Q3 2026 +8.0 % +8.3 % +5.6 % +5.6 % +4.6 % +3.9 % +2.0 % +1.9 % 0.0 % -1.8 % -2.0 % -2.0 % A1 Group Austria International A1
Slide 6: Q3 2026: Growth in all service revenue categories except fixed voice
Q3 2026: Growth in all service revenue categories except fixed voice Service revenues EUR 1,205 mn Q3 2026 + 3.9% + 45 m 1,205 1,160 Q3 2025 Mobile Cubes Fixed BB Fixed Inter - Solutions & Vis. & nat. Other Q3 2026 core & TV voice connection connectivity roaming revenue Cubes: Mobile WIFI routers an
Slide 7: Austria: Easing service revenues decline since the start of 2026
Austria: Easing service revenues decline since the start of 2026 Service revenues (excl. international business) yoy 2024 2025 2026 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 7
Slide 8: Q3 2026: EBITDA growth driven by service revenues
Q3 2026: EBITDA growth driven by service revenues mitigating higher core OPEX stemming from electricity and product -related increases EBITDA excl. restructuring EUR 595 mn Q3 2026 1.9% + 11 m 595 584 Q3 2025 Mobile Fixed Sol. + ICT Equipment Core OPEX Q3 2026 & Other margin Mobile: Retail mobile se
Slide 9: Strong free cash flow development in Q3 and 9M 2026
Strong free cash flow (FCF) development in Q3 and 9M 2026 Free cash flow Details EUR 236 mn EUR 571 mn Unless otherwise stated, all amounts in EUR mn Q3 2026 9M 2026 9M 2025 Δ Q3 2026 9M 2026 EBITDA 574 1,618 1,562 3.5% +20.6% +8.1% Restructuring 21 76 77 -1.4% Lease paid (104) (319) (306) 4.1% 236.
Slide 10: Focus Points
Focus Points 10 14
Slide 11: Launch of A1 Select: non-core digital service subscription platform
Launch of A1 Select: Offering non -core digital service subscription platform in Austria Similar offering available in selected international markets. A1 Select – Product overview Product details • Add -on service to existing connectivity contract • Flexible subscription – i.e. EUR 6.90 per slot per
Slide 12: Group-wide competence delivery center contributing to >40% EBITDA margin ambition
Leveraging our group -wide competence delivery center to contribute to our >40% EBITDA margin ambition 1 competence delivery center Gross financial impact (CDC) across all markets* Progressing Program Initial program as planned Next focus areas initiated > 50 % gross savings ** These supplementary m
Slide 13: Outlook
Outlook 13 14
Slide 14: Guidance 2026 raised
Guidance 2026 raised Total revenue growth CAPEX yoy excl. spectrum and M&A ~4% ~ EUR 850 mn Previously: 2 -3 % Previously: ~ EUR 750 mn Growth driven by CEE markets & service revenues; Continuing expansion of fiber and 5G networks, Upselling in mobile consumer segment, strong both in Austria and CEE
Slide 15: Appendix
Appendix 15 14
Slide 16: Customer development
Customer development Mobile subscribers (in thousand) RGUs (in thousand) Group ARPU / ARPL operative* 33,555 k 6,627 k EUR 11.7 / EUR 25.9 Q3 2026 Q3 2026 Q3 2026 -2.2% +14.6% +3.4% 31,036 32,122 33,555 6,412 6,460 6,498 6,540 6,627 26.4 25.9 29,289 30,179 +0.7% 33% 33% 34% 34% 35% 87% 88% 89% 89% 8
Slide 17: P&L Highlights 9M 2026
P&L in EUR mn Q3 2026 Q3 2025 Δ 9M 2026 9M 2025 Δ Highlights 9M 2026 Revenues 1,465 1,401 4.6% 4,260 4,085 4.3% • Revenues increase: Driven by growth in all markets OPEX (891) (838) 6.4% (2,643) (2,523) 4.7% except Austria. EBITDA 574 563 2.0% 1,618 1,562 3.5% EBITDA margin 39.2% 40.2% –1.0pp 38.0%
Slide 18: Conservative financial policy and investment-grade ratings
Conservative financial policy and investment -grade ratings as of September 30, 2026 Overview Lines of credit Credit ratings • Total financial debt: EUR 7 95 mn • Total committed lines: EUR 1,315 mn • Average cost of debt: 1.73 % − Thereof RCF: EUR 1,000 mn A3/ • Cash & cash equivalents: EUR 742 mn
Slide 19: End of Presentation
19 End of Presentation Draft for internal discussion