KPN Royal KPN NV

KPN delivers on Connect, Activate & Grow strategy

KPN delivers on Connect, Activate & Grow strategy

  • Executing against Connect, Activate & Grow strategic objectives; reaffirming 3-3-7 CAGR ambitions for the full plan period
  • Fiber roll out continues at a more moderate pace; focus shifting from infrastructure expansion to connecting and activating households
  • Capex to decline to below € 1bn in 2027, stable thereafter
  • KPN’s transformation programs accelerating, targeting ~€ 100m net indirect Opex savings annually by 2030 (vs. 2025)
  • ESG leadership sustained, with continued progress on our #BetterInternet mission
  • Capital allocation policy reiterated, returning full FCF to shareholders
  • Rebasing dividend to ~80% of FCF as of 2026, remainder through SBBs; DPS growth projected at ~14% CAGR (2025–2027) vs. ~7% previously
  • Beyond 2027: targeting mid-single-digit annual FCF growth, supporting continued increases in shareholder returns        



Program



12:45 CET: Registration of attendees

13:00 CET: Webcast

A link to the webcast and all related documents will be published on KPN’s website .



Formal disclosures:

Royal KPN N.V.

Head of IR: Matthijs van Leijenhorst

Inside information: Yes

Topic: KPN delivers on Connect, Activate & Grow strategy

5/11/2025; 7:30h

KPN-N

Attachment



EN
05/11/2025

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KPN ROYAL KPN NV

KPN delivers on Connect, Activate & Grow strategy

KPN delivers on Connect, Activate & Grow strategy Executing against Connect, Activate & Grow strategic objectives; reaffirming 3-3-7 CAGR ambitions for the full plan periodFiber roll out continues at a more moderate pace; focus shifting from infrastructure expansion to connecting and activating householdsCapex to decline to below € 1bn in 2027, stable thereafterKPN’s transformation programs accelerating, targeting ~€ 100m net indirect Opex savings annually by 2030 (vs. 2025)ESG leadership sustained, with continued progress on our #BetterInternet missionCapital allocation policy reiterated, ...

4h / 39m 1 EN

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