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INI-200/19

TELEKOM SLOVENIJE, d.d., Ljubljana

President of the Management Board of Telekom Slovenije, d.d., Rudolf Skobe, Decides to End His Term Early

Pursuant to the provisions of the Rules of the Ljubljana Stock Exchange and the valid legislation, Telekom Slovenije, d.d., Cigaletova 15, Ljubljana, hereby publishes the following notification:

At its 23rd regular meeting on 16 April 2019, the Telekom Slovenije Supervisory Board was informed of the decision of the President of the Management Board of Telekom Slovenije, d.d., Rudolf Skobe, to end his term early. The Supervisory Board of Telekom Slovenije, d.d., reached an agreement with Rudolf Skobe on ending his term as the President of the Management Board of the company early, namely as of today.

Until the appointment of a new President of the Management Board, Telekom Slovenije, d.d., will be headed by the Vice president of the Management Board Tomaž Seljak.

Rudolf Skobe, the President of the Management Board of Telekom Slovenije, d.d.,: “My second term as the President of the Management Board of Telekom Slovenije would end in August next year, and I have decided some time ago not to apply for another term. After 23 years of work at the Telekom Slovenije Group and more than six years and a half as the President of the Management Board I believe that in order to successfully lead Telekom Slovenije Group one must enjoy complete trust among all key stakeholders of the company. I no longer feel this trust, so I have decided to end my term as the President of the Management Board early and take on new challenges. This is for the benefit of the company, its employees, my family and myself. I sincerely thank all my colleagues who have helped build a successful business and personal story for the past 23 years for their trust, great work and collaboration. I also thank all our business partners for all the successful projects we completed. I am certain that Telekom Slovenije Group will be successful also in the future, as I believe in its employees.”

Lidija Glavina, the President of the Supervisory Board of Telekom Slovenije, d.d.,: “The request from the President of the Management Board for ending his term early surprised us, as the Management Board and its president had the full trust of the Supervisory Board the whole time. We nonetheless understand and respect the decision of the President of the Management Board. Rudolf Skobe has left a strong mark on Telekom Slovenije as the President of the Management Board with the longest term in the company’s history. Today Telekom Slovenije is a modern operator which faces the challenges from the industry and the environment more successfully than comparable operators at home or abroad. Telekom Slovenije will continue implementing the adopted strategy and I believe that the company’s performance will meet expectations also in the future.”

The notification will also be available on the company’s website (www.telekom.si) for a period of at least 5 years.

 

Management Board of Telekom Slovenije, d.d.
Date: 16.04.2019