KPN has repurchased 1,675,000 KPN ordinary shares in the period from 23 June to 27 June 2025. The shares were repurchased at an average price of € 4.15 per share for a total consideration of € 7.0m. These repurchases are part of the € 250m share buyback started on 25 February 2025 and reflect KPN's commitment to structurally return additional capital to its shareholders. The total number of ordinary shares repurchased until 27 June 2025 is 52,398,738 for a total consideration of € 209.4m. Transaction detail ...

Core Viewpoint - KPN reported continued growth in service revenue across all segments, with a positive outlook for the full year 2025 [2] Group Service Revenue - Group service revenue grew by 3.8% year-on-year, with Youfone contributing 0.7% to this growth [2] - All segments delivered organic growth, indicating a strong performance across the board [2] Consumer and Business Service Revenue - Consumer service revenue increased by 4.6% year-on-year, with Youfone contributing 3.4% [2] - Business service revenue saw a growth of 5.1% year-on-year, driven primarily by SME and Tailored Solutions [2] Adjusted EBITDA and Free Cash Flow - Adjusted EBITDA AL rose by 4.7% year-on-year, with contributions of 0.9% from Youfone and 0.7% from Althio [2] - Free Cash Flow (FCF) was impacted by higher interest and tax payments, as well as the phasing of working capital [2] Market Position and Network Performance - KPN is leading the Dutch fiber market, adding 100,000 homes passed (HP) and 94,000 homes connected (HC) to its fiber footprint [2] - The mobile network received the highest score ever measured worldwide by Umlaut, indicating superior performance [2] New Operations - The Tower Company Althio has commenced its operations, contributing to KPN's growth strategy [2] Outlook - KPN reiterated its upgraded full-year 2025 outlook, reflecting confidence in continued growth [2]

Today, Royal KPN N.V.'s ("KPN") Annual General Meeting of Shareholders ("AGM") granted the requested approvals on all items on the agenda. The agenda included a resolution to declare a total dividend over the fiscal year 2024 of € 17.0 cents per ordinary share. As a result, a final dividend of € 10.2 cents per ordinary share will be paid in cash, net of 15% dividend withholding tax, on 28 April 2025. As of 22 April 2025, the shares will trade ex-dividend. Furthermore, the AGM approved the reappointments of ...

Today, Royal KPN N.V. ("KPN") published the agenda of the Annual General Meeting of Shareholders ("AGM"), which will take place at KPN's headquarters in Rotterdam on 16 April 2025. The AGM will be organized in a hybrid format, allowing shareholders to attend either in person or virtually. As announced on 21 February 2025, the Supervisory Board of KPN proposes Mr Gerard van de Aast and Ms Jolande Sap for reappointment to the Supervisory Board. Other items on the agenda include the approval of the annual acco ...

Core Viewpoint - KPN has initiated a €250 million share buyback program, demonstrating its commitment to returning capital to shareholders through the repurchase of ordinary shares [1][3]. Group 1: Share Buyback Details - KPN repurchased 1,345,000 ordinary shares from February 25 to February 28, 2025, at an average price of €3.66 per share, totaling €4.9 million [1]. - The total number of ordinary shares repurchased to date stands at 1,345,000, with a total consideration of €4.9 million [1]. Group 2: Additional Information - Transaction details of the share buyback are accessible on KPN's website [2]. - The report on the progress of the €250 million share buyback was formally disclosed on March 3, 2025 [3].

Core Viewpoint - KPN is executing a successful strategy that allows for a structural return of additional capital to shareholders through a €250 million share buyback and an anticipated dividend of €18.2 cents per share for 2025, distributing all Free Cash Flow to shareholders [1]. Group 1: Share Buyback Details - KPN has commenced a €250 million share buyback, expected to be completed by 25 July 2025 at the latest [2]. - The company plans to use up to 1 million of the repurchased shares for employee share plans and intends to cancel the remaining shares to reduce its capital [2]. - An intermediary has been engaged to repurchase shares in the open market, adhering to regulations, with purchases priced between the par value and a maximum of 110% of the average closing price on Euronext Amsterdam [3]. Group 2: Authorization and Progress Reporting - The share buyback will be conducted within the authority granted by the Annual General Meeting of Shareholders, which allows the purchase of up to 10% of KPN's issued share capital from 17 April 2024 to 17 October 2025 [3]. - As of the current authorization, a total of 13,479,784 shares have already been repurchased in the 2024 share buyback [3]. - KPN will provide weekly updates on the share buyback progress, with the first report scheduled for 3 March 2025 [4].

Core Insights - KPN has published its Integrated Annual Report 2024, achieving its targets and making progress towards mid-term strategic and financial ambitions [1] - The company reported a growth of over 3% in operating profit and made significant strides in sustainable digitization, connecting a record number of fiber homes [1] - The report is the first to be prepared in accordance with the CSRD guidelines [1] Annual General Meeting - KPN will hold its Annual General Meeting of Shareholders on April 16, 2025, where the Integrated Annual Report 2024 will be discussed [2] - The agenda for the meeting will be published shortly [2] - The Integrated Annual Report 2024 is available online on KPN's interactive website [2] Formal Disclosures - The report is titled "Sustainably Connected" and was presented by KPN on February 24, 2025 [3] - Matthijs van Leijenhorst is the Head of Investor Relations for Royal KPN N.V. [3] - The report contains inside information [3]

Core Points - KPN's Supervisory Board has nominated Mr. Gerard van de Aast and Ms. Jolande Sap for reappointment, which will be voted on at the Annual General Meeting of Shareholders on April 16, 2025 [1][5] Group 1: Reappointment of Supervisory Board Members - Mr. Gerard van de Aast has been a member of the Supervisory Board since 2021 and has served as its chair since 2022. His stable and clear chairmanship style, along with his commitment to the company, has led to the proposal for his reappointment for a second four-year term [2] - Ms. Jolande Sap has been a member of the Supervisory Board since 2015 and currently chairs the ESG Committee. Her expertise in sustainability has been valuable to KPN, and the board proposes her reappointment for a final two-year term, emphasizing sustainability as a key part of KPN's long-term strategy [3] Group 2: Departure of Supervisory Board Member - Mr. Edzard Overbeek, a member of the Supervisory Board since 2017, will step down at the AGM as his second term expires. The board expresses gratitude for his contributions, particularly in strategic and technological areas during KPN's recent transformation [4]

Core Insights - The transaction to create a new open Tower Company named "Althio" has been completed, with operations starting immediately following the necessary approvals [1][2]. Group 1: Strategic Partnership and Objectives - The partnership aligns with KPN's 'Connect, Activate & Grow' strategy, aimed at optimizing the value of passive infrastructure assets and maintaining strategic flexibility [2]. - The establishment of Althio provides KPN with increased flexibility over a significant portion of its mobile sites, facilitating strategic synergies in network infrastructure deployment, maintenance, and optimization [2]. Group 2: Financial Impact and Guidance - KPN, holding a 51% stake in Althio, will fully consolidate the new entity, leading to an updated financial outlook for 2025 [3]. - KPN now anticipates an adjusted EBITDA AL exceeding €2,600 million and Free Cash Flow around €920 million for 2025, while maintaining a service revenue growth outlook of approximately 3% and Capex of about €1.25 billion [3]. - The net debt is projected to increase by up to €300 million, with a minimal pro-forma impact on KPN's leverage ratio, which is expected to remain around 2.5x net debt/EBITDA [3].

Group 1 - KPN has successfully issued a €800 million senior unsecured bond with a 3.375% coupon maturing on 17 February 2035 [1][2] - The proceeds from the bond issuance will be used for general corporate purposes, including refinancing existing debt [2] - The bonds are issued under KPN's Global Medium Term Note programme and will be listed on the regulated market of Euronext Dublin [2] Group 2 - KPN holds a credit rating of BBB with a stable outlook from both S&P and Fitch [2] - The bond placement was facilitated by Barclays, Deutsche Bank, Rabobank, Santander, and SEB acting as Joint Lead Managers [2] - The issuance increases the average maturity of KPN's outstanding bonds and has attracted a broad range of institutional investors [1]