Telekom Slovenije

AGM Information • Jun 18, 2024

Category: Inside information

Published on: SEOnet

Published at:  17.06.2024 16:31

Published document ID: INI-394/24

INI-379/24

TELEKOM SLOVENIJE, d.d., Ljubljana

Notification on the 38th General Meeting of Telekom Slovenije, d.d.

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

At the 38th General Meeting of Telekom Slovenije, d.d., which took place on Monday, 17 June 2024, the shareholders were presented with the 2023 Annual Report and Supervisory Board's report on the approval of the 2023 Annual Report, and granted discharge to the Management Board and Supervisory Board for the financial year 2023.

The General Meeting upheld the proposal for the use of distributable profit for the year 2023. The remainder of distributable profit in the amount of EUR 26,215,980.71 shall be used as follows: EUR 23,863,902.71, representing net profit for 2023, shall be allocated to other profit reserves; the remainder in the amount of EUR 2,352,078.00 and representing retained earnings from previous years shall remain unallocated as retained earnings. A decision regarding the use of the aforementioned amount shall be made in the coming financial years.

The total distributable profit of Telekom Slovenije, d.d. as at 31 December 2023 amounts to EUR 66,507,561.11 and comprises net profit for 2023 in the amount of EUR 23,863,902.71 and retained earnings from previous years in the amount of EUR 46,627,849.39, reduced by non-current deferred development costs in the amount of EUR 3,984,190.99. A portion of distributable profit, comprising retained earnings up to and including 2022, was or will be used by Telekom Slovenije, d.d. for the payment of dividends in the amount of EUR 40,291,580.40 in accordance with the resolution of the Company’s General Meeting of Shareholders held on 7 February 2024.

The General Meeting was informed of the Report on remuneration to the members of the Management Board and Supervisory Board of Telekom Slovenije, d.d., for the year 2023.

The General Meeting elected Aleksander Igličar, MSc, to serve a four-year term of office as a member of the Supervisory Board and shareholder representative, beginning on 22 January 2025.

The announcement 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: 18.06.2024