Pursuant to the first paragraph of Article 17 of Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (market abuse regulation) and repealing Directive 2003/6/EC of the European Parliament and of the Council and Commission Directives 2003/124/EC, 2003/125/EC and 2004/72/EC, Article 136 of the Financial Instruments Market Act (ZTFI), the Ljubljana Stock Exchange Rules and valid legislation, Telekom Slovenije, d.d., Cigaletova 15, Ljubljana, hereby publishes the following message:

At the 28th General Meeting of Telekom Slovenije, d.d., held on Friday, 21 April 2017, the shareholders endorsed the proposal by the company management and supervisory boards on the use of the distributable profit for 2016. The shareholders adopted the resolution that the total distributable profit for 2016 in the amount of EUR 32,834,996.07 shall be used for the payment of dividends in the amount of EUR 32,527,390.00 or EUR 5.00 gross per share. The remainder in the amount of EUR 307,606.07 shall be brought forward to the following year. Dividends shall be paid to shareholders and other beneficiaries who were entered in the register of shareholders with the right to dividends on the cut-off date of 19 July 2017, and to other beneficiaries with the right to dividends. Dividends shall be paid on 20 July 2017.

The shareholders were briefed on the Supervisory Board’s written report regarding the approval of the annual report for the 2016 financial year, and conferred their official approval on the work of the Management Board and the Supervisory Board in the 2016 financial year.

The General Meeting appointed the auditing company Deloitte Revizija, d.o.o. to audit the Telekom Slovenije, d.d.’s financial statements for the 2016, 2017, and 2018 financial years.

The General Meeting was informed that the terms of office of Telekom Slovenije Supervisory Board members Borut Jamnik, Adolf Zupan, MSc, Marko Hočevar, PhD, Tomaž Berločnik, MSc and Bernarda Babič, MSc will expire on 27 April 2017. The shareholders appointed Bernarda Babič, Barbara Gorjup, Barbara Kürner Čad, Ljubomir Rajšić and Lidia Glavina to a term of office as the new members of the Supervisory Board for a period four (4) years, effective 27 April 2017.

The General Meeting was briefed regarding the change of rules governing the other rights of members of the Management Board and amended Article 19 of the Articles of Association to read as follows:

“The conditions set out in the previous paragraph shall not apply to the Worker’s Director as member of the Management Board. Those conditions and criteria shall be set jointly by the Supervisory Board and Works Council.”

This notification will be also published at the company website www.telekom.si for the period of at least five years following the announcement.