Hrvatski Telekom D.d. · ZSE:HT
Hrvatski Telekom D.d — Hrvatski Telekom — 9M 2026 Earnings Presentation
16 slides from Hrvatski Telekom D.d's earnings presentation, Oct 30, 2026
Slide 1: Hrvatski Telekom 9M 2026 Results
_ RVATSKI TELEKOM J; 9M 2026 RESULTS _ 30 OCTOBER 2026
Slide 2: Disclaimer
DISCLAIMER These materials and the oral presentation do not constitute or form part of any offer or invitation to sell or issue, or statements. Additional detailed information concerning important factors that could cause actual results to differ any solicitation of any offer to purchase or subscrib
Slide 3: Q3 2026 Highlights
Q3 2026 HIGHLIGHTS BUSINESS DEVELOPMENT FINANCIALS ESG & CAPITAL ALLOCATION ▪ Growth momentum continued, with strong ▪ Revenue increased by 3.5% YoY ▪ Received EcoVadis Gold Medal, placing HT commercial and financial performance ▪ Adjusted EBITDA AL increased by 2.8% YoY among the top 5% of assessed
Slide 4: Top and bottom line growth continued amid inflationary pressures
TOP AND BOTTOM LINE GROWTH CONTINUED AMID INFLATIONARY PRESSURES REVENUE Adjusted EBITDA AL¹ NET PROFIT² Growth accelerated in Q3, supported by Revenue growth and transformation Higher operating performance and lower service revenue and System Solutions initiatives partly offset inflationary cost
Slide 5: Higher operating cash flow supported continued investment
HIGHER OPERATING CASH FLOW SUPPORTED CONTINUED INVESTMENT NET CASH FLOW FROM OPERATIONS CAPEX AL BOOKED¹ Higher operating earnings, partly offset by working CAPEX growth reflects continued network capital movements investments, alongside strategic purchases in response to rising memory and equipment
Slide 6: Mobile services and System Solutions remained key growth drivers
MOBILE SERVICES AND SYSTEM SOLUTIONS REMAINED KEY GROWTH DRIVERS HT CROATIA REVENUE BREAKDOWN +3.3% 802.3 776.5 +4.2% ▪ Mobile service revenue growth continued, supported by postpaid Mobile service revenue expansion and customer upselling. Mobile non-service revenue 297.7 310.4 Fixed service revenue
Slide 7: Mobile momentum continued, supported by postpaid base expansion and ARPU growth
MOBILE MOMENTUM CONTINUED, SUPPORTED BY POSTPAID BASE EXPANSION AND ARPU GROWTH HT CROATIA MOBILE POSTPAID MOBILE PREPAID Postpaid base and ARPU growth continued to increase, Continued migration to postpaid reduced prepaid supported by prepaid customers migration and upselling. customer base, while
Slide 8: PRO-PING and fiber expansion supported broadband growth
PRO-PING AND FIBER EXPANSION SUPPORTED BROADBAND GROWTH HT CROATIA BROADBAND TV FIXED VOICE WHOLESALE ¹ FTTH expansion and the PRO-PING Successful MaxTV campaign The fixed voice base stabilized in Q3, Wholesale continued to migrate from acquisition supported broadband supported TV growth, more than
Slide 9: CT: Strong financial performance continues
CT: STRONG FINANCIAL PERFORMANCE CONTINUES CRNOGORSKI TELEKOM REVENUE EBITDA AL¹ NET PROFIT² Growth across key business segments Higher revenue supported EBITDA AL growth, Net profit growth reflected higher EBITDA supported revenue momentum. with margin improving AL and a lower tax charge. +4.8% Q3:
Slide 10: Group 2026 Outlook
GROUP 2026 OUTLOOK 2025 RESULTS OUTLOOK 2026 vs. 2025 REVISED OUTLOOK REVENUE EUR 1,142 million Low-single-digit increase unchanged ADJ. EBITDA AL EUR 430 million Low-single-digit increase unchanged CAPEX AL¹ EUR 268 million Low-single-digit decrease Stable to around 1% increase HT is monitoring and
Slide 11: Q&A
Q&A To ask a question, please raise your hand Once your question is answered, please lower your hand by clicking again 11
Slide 12: Appendix
APPENDIX UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS 12
Slide 13: Consolidated Income Statement
CONSOLIDATED INCOME STATEMENT % of change % of change in EUR million 3Q 2025 3Q 2026 Q3 2025 Q3 2026 A26/A25 A26/A25 Revenue 845,6 874,8 3,5% 301,1 316,0 4,9% Other operating income 5,0 3,1 -39,0% 1,7 0,7 -60,6% Total operating revenue 850,6 877,9 3,2% 302,8 316,6 4,6% OPEX AL -539,0 -553,4 2,7% -17
Slide 14: Consolidated Balance Sheet Statement
CONSOLIDATED BALANCE SHEET STATEMENT % of % of At 31 Dec At 30 Sep At 31 Dec At 30 Sep in EUR million change in EUR million change 2025 2026 2025 2026 A26/A25 A26/A25 Intangible assets 386,2 386,2 0,0% Subscribed share capital 1.340,8 1.340,8 0,0% Property, plant and equipment 916,8 954,6 4,1% Reser
Slide 15: Consolidated Cash Flow Statement
CONSOLIDATED CASH FLOW STATEMENT % of change % of change in EUR million 3Q 2025 3Q 2026 Q3 2025 Q3 2026 A26/A25 A26/A25 Profit before tax 139,6 149,8 7,3% 67,1 67,9 1,3% Depreciation and amortization 208,6 213,0 2,1% 71,7 70,7 -1,4% Increase / decrease of current liabilities 2,5 -16,1 -751,7% -15,0
Slide 16: Investor Relations Contacts
INVESTOR RELATIONS CONTACTS IR Phone IR E-mail + 385 1 4911 114 [email protected] IR Webpage Corporate Contact www.t.ht.hr/en/investor-relations Hrvatski Telekom d.d Radnička cesta 21 10000 Zagreb 16