Voting on the remuneration report for the 2024 financial year and approval of the remuneration system for 2025 at the 2025 Shareholders’ Meeting

The remuneration report for the 2024 financial year, compiled based on the provisions of § 162 AktG, underwent a formal audit by the external auditor Deloitte, and was submitted to a vote at the Shareholders’ Meeting on April 9, 2025. The audit opinion from Deloitte resulting from the audit that was carried out was included in the 2024 remuneration report and published on the Company’s website. The Shareholders’ Meeting approved the remuneration report submitted, with 95.95 % of votes in favor. This is an improvement of nearly 5 percentage points on the previous year’s voting result, which means that no adjustment was required to the form of remuneration reporting.

Nevertheless, comments made by investors, proxy advisors, and other stakeholders in the many discussions held were taken into consideration during the revision of the remuneration system. The revised remuneration system was approved at the 2025 Shareholders’ Meeting, with 95.85 % of votes in favor. The main changes to the revised remuneration system are discussed in detail in a separate section of the remuneration report. In addition, the new remuneration system is available on the Deutsche Telekom AG website.