The T-Share (XLS:) Download T-Share information 2018 2017 XETRA CLOSING PRICES Share price on the last trading day € 14.82 14.80 Year high € 15.49 18.05 Year low € 12.81 14.76 TRADING VOLUME German exchanges billions of shares 3.3 2.4 Market capitalization on the last trading day billions of € 70.6 70.4 WEIGHTING OF THE T-SHARE IN MAJOR STOCK INDEXES ON THE LAST TRADING DAY DAX 30 % 5.8 4.6 Dow Jones EURO STOXX 50® % 2.2 2.0 T-SHARE – KEY FIGURES Earnings per share (basic and diluted) € 0.46 0.74 Proposed dividend € 0.70 0.65 Number of shares issued millions, at year-end 4,761 4,761 Development of international indexes After six years of strong growth, the DAX came under immense pressure in 2018. Rising interest rates and concerns about the negative effects of growing protectionism, especially in trade between the EU, China, and the United States, took their toll on the index. As a result, Germany’s most important stock market barometer lost 18.3 percent over the course of the year. Although somewhat less than the DAX, the Dow Jones EURO STOXX 50® also ended the year substantially down: On a total return basis – i.e., including reinvested dividends – this wide-ranging European stock market index lost 12.0 percent. As with the DAX, share price performance was impacted by discussions around interest rates and growing protectionism in global trade. Similarly, the Nikkei ended the stock market year down 12.1 percent. The United States’ stock market barometer, the Dow Jones, while performing better than the European and Japanese stock exchanges, was also unable to buck the negative trend, falling 5.6 percent. T-Share performance The European telecommunications sector performed somewhat better than the cross-sector indexes but was nevertheless weak in 2018. The industry’s barometer, the Dow Jones STOXX® Europe 600 Telecommunications, fell 8.8 percent in the course of the stock market year. Share price performance was adversely affected by regulatory discussions and increasing competition on a number of European markets. In this environment, the T-Share closed the year 2018 at EUR 14.82, up slightly by 0.1 percent. The lowest price recorded during the year was EUR 12.81 on March 26, 2018, while the highest price of EUR 15.49 was recorded on November 30, 2018, shortly after the publication of our figures for the third quarter. On a total return basis – and thus comparable with the DAX – our share ended the year 2018 up 5.0 percent. Dividend The Board of Management and Supervisory Board of Deutsche Telekom AG will propose to this year’s shareholders’ meeting, to be held on March 28, 2019, the distribution of a dividend of EUR 0.70 per dividend-bearing share. T-Share as compared to DAX, Dow Jones EURO STOXX 50®, and Dow Jones STOXX® Europe 600 Telecommunications January 1 to December 31, 2018 (based on total shareholder return a) T-Share as compared to other European telecommunications companies January 1 to December 31, 2018 (based on total shareholder return a) a Total shareholder return measures the value performance of a shareholding over a specific period. It takes into account dividends paid during the investment period along with any changes in share price. Shareholder structure The Federal Republic’s shareholding, including that of Kreditanstalt für Wiederaufbau (KfW), stands at approximately 32 percent. The proportion of institutional investors decreased slightly to 52.2 percent, while the share of retail investors increased to 15.9 percent. As a result, the percentage of shares in free float remains at 68 percent of the share capital. Shareholder structure % (as of December 31, 2018) Geographical distribution of free float % (as of December 31, 2018)