Telekom Slovenije

Business and Financial Review • Dec 17, 2020

Category: Inside information

Published on: SEOnet

Published at:  16.12.2020 16:00

Published document ID: INI-838/20

INI-819/20

TELEKOM SLOVENIJE, d.d., Ljubljana

The Strategic business plan of the Telekom Slovenije Group for the 2021–2025 period with the business plan for 2021

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

At its 2nd regular meeting on Wednesday, 16 December 2020, the Supervisory Board of Telekom Slovenije, d.d., discussed and approved the Strategic Business Plan of the Telekom Slovenije Group for the 2021–2025 period with the business plan for 2021. Telekom Slovenije Group prepared its Strategic business plan based on its strategy that puts digitalisation across all levels of operation at the forefront.

In 2020 Telekom Slovenije Group implemented its established strategy in accordance with adopted strategic policies, while operating on markets characterised by a high level of competitiveness. Telekom Slovenije, d.d., has managed to retain a high market share across all segments of its operations by providing the latest services tailored to the needs of users (excellent user experience, the best sales and after-sales care for users, the most advanced and reliable network, convergent plans, additional services beyond the core telecommunications activities, and a comprehensive range of ICT solutions and information and cyber security services). Investments in the expansion and upgrade of technologies, continued digitalisation and process optimisation, along with employee empowerment are required to adapt dynamically to the needs of users.

Telekom Slovenije Group is planning a net operating profit of EUR 653.0 million in 2021, with EBITDA of EUR 210.6 million, EUR 30.8 million in net earnings, and EUR 203.7 million in investments.

The abstract of the Strategic business plan is included as an attachment to this notification.

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

The Management Board of Telekom Slovenije, d.d

Date: 17.12.2020