Telekom Austria (TKA) AGM 2026 summary

Opening remarks and agenda

• AGM opened with a welcome to shareholders, management, auditors, and technical staff, with live streaming available until the general debate.

• The agenda included financial statements, management and supervisory board reports, dividend proposal, and elections.

• All required documents were made available online ahead of the meeting, and no amendments to the agenda were proposed.

• The meeting procedure included presentations, a general debate, and voting on resolutions.

Financial performance review

• Revenue increased by 3% to EUR 5.6 billion, driven by growth in CEE markets and ICT segment.

• EBITDA rose by 2% to EUR 2.1 billion; adjusted for one-time effects, up 3.7%.

• Net debt reduced to 0.9x EBITDA, nearly eliminated excluding lease liabilities.

• Free cash flow grew by almost 4% in 2025.

• Two-thirds of growth in 2025 came from new services, highlighting innovation.

Board and executive committee updates

• Supervisory Board held five meetings, focusing on strategy, sustainability, and efficiency.

• Audit Committee monitored internal controls, risk management, and reviewed 2024 financials.

• Board composition remained stable, with reelections and a new employee representative joining in July 2026.