Investor Presentaiton

EURM O2 is market leader in Czech Republic (CZ)... and fastest growing player in Slovakia (SK) Strong position in both CZ and SK market Market leader in CZ ■Fastest growing player in SK Solid GDP growth and retail purchasing power ■Strong link to German economy GDP growth above EU level Unemployment in CZ at the lowest levels in past 20 years Market leader in the Czech Republic Mobile Service Revenue Fastest growing player in Slovakia Fixed Service Revenue (1) Mobile customers Mobile revenue CAGR 2013-2015(2) 800 600 400 400 300 T EURM 200 2 200 100 0 0 02 T-Mobile 02 T-Mobile 3 000 3% 2 500 1% 1.7x 2 000 <10% -1% 1 500 -3% T 1 000 O T -5% orange T 500 -7% 0 -9% 02 T-Mobile Orange T-Mobile 02 24 Note: (1) O2 also has 1.7x higher broadband subscriber base than UPC, the largest broadband competitor; (2) Data for Orange are best estimate O, 2

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