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

At its 14th ordinary session held on Tuesday 21 December 2021, Telekom Slovenije, d. d.’s Supervisory Board discussed and approved the Strategic Business Plan of the Telekom Slovenije, d.d., and Telekom Slovenije Group for the period 2022-2026 and plan for the year 2022.

The Telekom Slovenije Group implements its established strategy in accordance with adopted strategic policies. To that end, the Group updates its strategy and drafts a business plan for the next period every year. A drop in revenues from basic telecommunication services is expected to continue on the Slovenian telecommunications market, which is developed and in the phase of saturation. Telekom Slovenije, d.d. maintains its market share and position as the leading operator through continuous technological development, through the development of services and the provision of the best mobile and fixed networks, through targeted investments in the expansion and upgrading of the fibre optic broadband network, through targeted promotional campaigns to attract new and maintain existing subscribers, through the expansion of the portfolio outside the basic telecommunications activity and cross-selling, through the best user experience, and through a comprehensive portfolio of ICT services and solutions.

The superior quality of its services is and will continue to be the Telekom Slovenije Group’s competitive advantage in the future. The Group’s development will continue to be based on high standards of social responsibility and sustainable operations.

The Telekom Slovenije Group is planning to generate operating revenues of EUR 660.6 million, EBITDA of EUR 211.2 million and a net profit of EUR 27.9 million in 2022, while investing EUR 203.1 million.

A summary of the Strategic Business Plan is enclosed to this announcement.

This announcement will also be accessible on Telekom Slovenije’s website (www.telekom.si) for a period of no less than 5 years from the date of publication.