DGAP-Adhoc

United Internet subsidiaries 1&1 Drillisch and 1&1 Versatel expanding cooperation with Deutsche Telekom; 1&1 Drillisch accepts Telefónica's improved national roaming offer; preliminary figures 2020 an - Seite 3

Preliminary figures 2020

1&1 Drillisch, and thus also United Internet, will recognize the write-off for no longer utilized VDSL contingents in its financial statements as of December 31, 2020. Based on preliminary and unaudited figures, United Internet posted EBITDA - without this one-off special item - of approx. EUR 1.18 billion (prior year: EUR 1.24 billion without sale of virtual minds shares) and thus reached its operating earnings guidance. Taking into account the non-recurring, non-cash effective write-off for no longer utilized VDSL contingents for existing customers, EBITDA amounted to approx. EUR 1.05 billion. The EBITDA 2020 figure includes increased costs for the procurement of mobile advance services due to Telefónica's mid-2020 price increase, regulatory effects, higher initial costs for the 5G network rollout and negative effects from the coronavirus pandemic. Despite negative impacts of the coronavirus pandemic, sales rose to around EUR 5.36 billion in 2020 (prior year: EUR 5.194 billion). Fee-based customer contracts increased by 910,000 to 25.65 million.

Outlook 2021

For the fiscal year 2021, United Internet anticipates sales growth to approx. EUR 5.5 billion (2020 preliminary: EUR 5.36 billion). Without consideration of the out-of-period income of approx. EUR 34 million in connection with the planned conclusion of the national roaming agreement, EBITDA is expected to increase to approx. EUR 1.22 billion (2020 preliminary: EUR 1.18 billion). This forecast includes negative effects from the coronavirus pandemic on sales and earnings of approx. EUR 25 million (2020 preliminary: approx. EUR 27 million) as well as high investments in future topics. For example, 1&1 Drillisch plans initial costs for the 5G network rollout of approx. EUR 30 million (2020 preliminary: approx. EUR 14 million) and IONOS an additional approx. EUR 40 million for a product and sales drive. Following the integration of STRATO, World4You and ProfitBricks in the past few years and its successful rebranding, IONOS aims to focus on expanding its cloud business and driving further internationalization. In the current year, IONOS expects to reach