War in Ukraine

Deutsche Telekom’s business activities and hence its results of operations and financial position are not significantly impacted by the consequences of the war in Ukraine. Deutsche Telekom does not operate any networks in Russia or Ukraine and is discontinuing its developer activities in Russia. Possible future effects on the measurement of individual assets and liabilities are being analyzed on an ongoing basis. It is not yet possible to assess with certainty how Deutsche Telekom will be indirectly affected, in particular by the impact on the global economy. The overall economic outlook has deteriorated significantly as a result of the extensive sanctions and limitations on trade in goods.