Orange Polska (OPL) AGM 2026 summary

Opening remarks and agenda

• Meeting commenced with a welcome, confirmation of proper convening, and explanation of voting procedures.

• Chairman and agenda were confirmed, including review and approval of financial statements, profit distribution, board reports, and amendments to articles.

• Attendance represented nearly 83% of total shares, ensuring validity for resolutions.

Financial performance review

• 2025 marked a strong start for the new four-year strategy, with commercial and wholesale growth, increased customer base, and ARPU.

• 5G coverage reached 85% of the population; fiber network expanded to over 10 million homes.

• Revenue and EBITDA grew by over 4% year-on-year, exceeding expectations; organic cash flow reached PLN 1 billion.

• Forecasts for 2026 include low single-digit revenue growth, 3–5% EBITDA growth, and at least 10% increase in organic cash flow.

• Midterm guidance raised, targeting PLN 1.4 billion organic cash flow by 2028, a 40% increase over 2025.

Dividend announcements

• Dividend of PLN 0.61 per share recommended for 2026, a 15% increase over the previous year.

• Dividend payout set for July 8, 2026, with record date on June 24, 2026.