PresentationMatthijs van LeijenhorstHead of IR Good afternoon, everyone, and welcome to KPN's Strategy Update 2025. We are now at the midpoint of our Connect, Activate and Grow strategy. And today, we will share our progress so far and provide a vision of what KPN will look like in the future. Before I hand over to our CEO, Joost Farwerck; and CFO, Chris Figee, I would like to outline today's agenda. First, we will reflect on where KPN stands today. Then we'll update you on our infrastructure and transforma ...

Executing against Connect, Activate & Grow strategic objectives; reaffirming 3-3-7 CAGR ambitions for the full plan periodFiber roll out continues at a more moderate pace; focus shifting from infrastructure expansion to connecting and activating householdsCapex to decline to below € 1bn in 2027, stable thereafterKPN’s transformation programs accelerating, targeting ~€ 100m net indirect Opex savings annually by 2030 (vs. 2025)ESG leadership sustained, with continued progress on our #BetterInternet missionCap ...