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2022-07-20 07:00:00 CEST 2022-07-20 07:00:06 CEST REGULATED INFORMATION Telia Lietuva, AB - Interim informationTelia Lietuva results for 6 months of 2022The Board of Telia Lietuva, AB (hereinafter “Telia Lietuva” or “the Company”) approved unaudited Telia Lietuva, AB Interim Financial Statements, prepared according to International Financial Reporting Standards as adopted by the European Union, and Interim Report for 6 months’ period ended 30 June 2022. Second quarter of 2022 (compared with the same period a year ago): First half of 2022 (compared with the same period a year ago): Management comment: Telia Lietuva was the first to offer to business customers fiber-optic Internet of up to 2 Gbps speed. Higher speed Internet initially is available to business customers in Vilnius, Kaunas, Panevėžys, Alytus and Palanga. We continued to ensure reliable and cheap communication with Ukraine. In April, all communication services to Ukraine were provided with 80 per cent discount, while from May thanks to joint efforts of European operators mobile calls to Ukraine are provided 4 times cheaper than standard rates, while mobile data even below EU pricing. The war in Ukraine also revealed an importance of cyber security. An impact of the war in Ukraine and imposed by EU and U.S.A. sanctions so far is not significant to the financials of the Company. Roaming service in EU countries was offered to prepaid mobile communication service subscribers and number of converged offer, Telia1, reached almost 76 thousand of households. Over the last twelve months: Larger customer base and ongoing demand for mobile and broadband Internet as well as IT services contributed to revenue growth. Over the year, comparing 6 months of 2022 with the same period in 2021: In May, EUR 58.3 million (or 0.10 euro per share) dividends was paid to the shareholders of the Company. In June, the Board approved change in the governing structure of the Company – Marketing team, led by Vaida Jurkonienė, will be directly reporting to CEO of Telia Lietuva. Following the departure of two members of the Management Team, Elina Dapkevičienė was appointed as Head of Consumer unit and Daina Večkytė stepped in as new Head of Finance. Diana Gold will take lead over Digital & Analytics unit from 1 September. Telia Lietuva remains committed to promotion of local content. We’ve supported the National film awards “Sidabrinė gervė 2022“ (Silver Crane) and follow-up summer film festival “Sidabrinė gervė naktys” (Silver Crane Nights) in 10 cities. Traveling climate museum is another project supported by the Company. Educational climate museum will visit 18 cities focusing on people living in smaller cities and regions.
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