In accordance with the Rules of Ljubljana Stock Exchange, d. d., and applicable legislation, Telekom Slovenije, d.d., hereby publishes the following announcement:

At its 26th regular meeting held on Thursday, 3 October 2024, the Supervisory Board of Telekom Slovenije, d.d., reviewed and approved the Annual Business Plan of Telekom Slovenije, d.d., and the Telekom Slovenije Group for 2025 with a projection for up to 2029, and discussed the company's current activities.

Based on currently available information, we estimate that the Telekom Slovenije Group will exceed its originally planned business results for 2024.

In the Strategic Business Plan for the 2024–2028 Period (hereinafter: SBP), which was approved in November 2023, the Telekom Slovenije Group has set ambitious goals for further growth in telecommunications revenue and market share, with a particular focus on greater utilisation of the existing infrastructure. As a reliable provider of critical infrastructure and digitalisation of services, we have planned most growth to come in the ICT and digital services segment. We planned improved business efficiency through continued digitalisation of operations, cost reduction, and greater investment efficiency.

In the 2025 Annual Business Plan we plan a growth in revenue EBITDA and net profit for the Telekom Slovenije Group. Accordingly, we are planning to have EUR 726.2 million in sales revenue, or EUR 729.8 million in total revenue, EUR 248.9 million in EBITDA, and EUR 53.6 million in net profit, which is an increase compared to the plans for 2024.

In 2025, the Telekom Slovenije Group plans to invest EUR 218.4 million. In addition to investments in the network, the planned investments also include investments in programming rights and the capitalisation of leases in accordance with IFRS 16. In Slovenia, Telekom Slovenije operates the largest fixed and mobile networks. Our fibre optics network is already available to more than 470,000 Slovenian households. By constantly upgrading and modernising the entire network with the latest technologies, we are laying the foundation for further development, strengthening our competitive advantage, and creating technological support for the continued provision of secure, reliable, and modern telecommunications services in line with the latest trends and user expectations. As part of a comprehensive modernisation, which also increases coverage and strengthens capacities, 4G coverage in Slovenia has now reached 98% of the population, while 5G coverage has exceeded 70% of the population. In 2025, Telekom Slovenije will provide 99% population coverage with 5G.

With regard to the dividend policy, we are following the SBP and will allocate 30–50% of net profit for the payment of dividends, taking into account the financial position and the volume of investments.

The Telekom Slovenije Group Annual Business Plan for 2025 is based on available data, taking into account regulatory constraints and trends in the environment in which the Telekom Slovenije Group operates. In its preparation, we took into account analyses of the operations and market shares of comparable European operators, analyses of competition, development expectations, and trends in the telecommunications industry.

The announcement will also be available on the website of Telekom Slovenije, d.d. (www.telekom.si) for at least 5 years from the date of publication.