T-Mobile US, Inc. — Call Transcript 2026

Good day, welcome to the T-Mobile 2026 Annual Meeting of Stockholders. I would now like to turn the conference over to Tim Höttges. Please go ahead. Good morning, welcome to the 2026 Annual Meeting of Stockholders of T-Mobile US, Inc.. My name is Tim Höttges, and I'm the Chairman of the Board of Directors. I will preside over today's meeting. Thank you all for joining us today and for your interest in T-Mobile. Before the formal business of the meeting begins, I would like to first thank my fellow board members for their continued service. I would also like to thank the management team and all T-Mobile employees for your hard work. As you will hear from Srini, T-Mobile's delivered another amazing growth year with the best network, the best value, and the best experience for customers. I'm so incredibly proud of how our employees have served our customers and delivered outstanding business results in 2025. Congratulations, thank you for your continued dedication. Finally, I would like to thank our stockholders for our continued trust in T-Mobile. I would also like to introduce the members of the executive leadership team. Srini Gopalan serves as our President and Chief Executive Officer. Mike Sievert serves as our Vice Chairman. André Almeida serves as our Chief Broadband, Enterprise, and Emerging Business Officer. Jon Freier serves as our Chief Operating Officer. Mike Katz serves as our Chief Business and Product Officer. Deeanne King serves as our Chief People Officer. Mark Nelson serves as our Chief Legal Officer and General Counsel. Peter Osvaldik serves as our Chief Financial Officer. John Saw serves as our Chief Technology Officer. I hereby call the 2026 Annual Meeting of Stockholders to order. We have three items on the agenda today. Following considerations of those items, we will announce the voting results and adjourn the meeting. Srini Gopalan, the company CEO, will then share some brief remarks on the progress of the company. As is our tradition, we will finish the meeting with questions from our stockholders. Stockholders who will wish to ask a question must submit their question electronically through our annual meeting website. Only stockholders are permitted to ask questions, and the stockholder must have a control number to submit a question on the website. Broady Hodder, our Corporate Secretary, will act as the Secretary of today's meeting. Let me hand it over to Broady to get things started. Thank you, Tim. As you may have noticed, the agenda and rules of conduct for the annual meeting are available on the virtual meeting website. To conduct an orderly annual meeting, we ask that participants please abide by the rules of conduct. We have also made available, through the virtual meeting website, a complete list of stockholders as of our record date, April 17, 2026, and an affidavit of mailing that proxy materials were sent on April 27, 2026, to each stockholder of record. Leah Grant, a representative of Broadridge Financial Solutions, was appointed to act as Inspector of Elections at this meeting and has taken her oath. She, along with our current outside audit firm, Deloitte, have joined the meeting virtually, and I will now turn it back over to Tim for the business of the meeting. Thank you, Broady. The stockholder list shows that as of the record date of April 17th, 2026, holders of 1,083,161,329 shares of the company's common stock are entitled to vote at this meeting. The Inspector of Elections has informed us that more than 50% of the outstanding shares entitled to vote at this meeting are present in person or by proxy. Based on this report, I declare that a quorum is present and that this meeting is qualified to proceed with the business before us. We will now present and conduct the voting on the business matters to come before this meeting. For stockholders of record, you may vote by clicking the Vote Here button. For stockholders who own shares through a broker, you will need to vote as directed by your broker. If you have already sent or given a written proxy, or if you have voted over the telephone or internet, you do not need to vote at this time unless you wish to revoke your written proxy or prior vote. The polls are now open but will close as soon as all of the proposals are presented. The first item of business is the election of 13 directors of our board of directors to serve for one year until our 2027 annual meeting of stockholders, and their successors are elected and qualified. As described in the proxy statement, our board of directors has nominated the following individuals for election: Marcelo Claure, Thomas Dannenfeldt, Srikant Datar, Srini Gopalan, Timotheus Höttges, Christian Illek, James Kavanaugh, Raphael Kübler, Thorsten Langheim, Dominique Leroy, c Mike Sievert, and Teresa Taylor. The second item of business is the ratification of the appointment of Deloitte & Touche as our independent registered public accounting firm for the 2026 fiscal year. The third item and final item of business is the advisory vote to approve the compensation provided to the company's named executive officers for 2025. There are no other items to consider at the meeting. The board of directors recommends a vote for each of the director nominees, for proposal two and for proposal three. Management has delivered its ballot to the Inspector of Elections to vote as directed by the stockholders. Those shares represented at this meeting by proxy. There being no other matters to come before the meeting, voting is now completed. I declare the polls for voting are now closed at 8:06 A.M., Pacific Daylight Time on June 16, 2026. Based on the preliminary tabulations from the Inspector of Elections, we are happy to announce that all of the director nominees standing for elections were elected and the appointment of Deloitte & Touche as the company's independent registered public accounting firm for the 2026 fiscal year has been ratified. The advisory vote to approve the compensation provided to the company's named executives officers for 2025 has been approved. We will report final voting results on a formal 8-K to be filed with the SEC. As there is no other formal business to address, I declare that the meeting is hereby adjourned. I will now turn the meeting over to Srini Gopalan, our President and Chief Executive Officer. Thanks, Tim, and welcome everyone. It's a privilege to be here with you today. 2025, another outstanding year from T-Mobile, delivering industry-leading customer growth and successfully translating that into strong and profitable financial growth. We added $1.2 million net postpaid accounts, expanded postpaid average revenue per account, or ARPA, by 3.6%, and grew our customer base to more than 142 million. We delivered $71.3 billion in service revenues, growing at a rate of nearly eight times that of our closest wireless competitors. Generated $18 billion in free cash flow and returned $14 billion to stockholders. The great news is this momentum is continuing into Q1, where we grew ARPA by 3.9% and added 217,000 net postpaid accounts. What lies behind all of this exceptional performance? The heart of why we're able to consistently deliver is the fact that we're the one place where you get best network, best value, and best experience, all three at the same time. Our customers do not have to make any trade-offs. In 2025, we saw a watershed moment on the network for T-Mobile. Ookla Speedtest confirms something that we've all known for some time. T-Mobile has America's best network, and that is driving massive momentum of new switchers and new customers coming to us. The Un-carrier has always been synonymous with value, and we've strengthened this position even further. Today we stand not just for the best value on free phones, but for the best value every day that you're a customer with us. What is unmatchable with us is the experience. That shows up with a net promoter score of 45, which is nearly 20% higher than our closest competitors. That is only getting better every day, especially with T Life. We concluded 2025 with more than 24 million monthly active users on T Life, our ambition is to go further still. In summary, we won't stop, and the best is yet to come. Thank you, Tim. Thank you, Srini. We will now open the meeting for Q&A. Stockholders who wish to ask a question may submit one in writing as directed on the annual meeting website. Srini will now moderate the Q&A session. Okay. Thank you, Tim. There are no stockholder questions at this virtual meeting. I think we can move to the conclusion of the meeting, Tim. Good. Our program for the day has concluded. Thank you all for attending the company's virtual annual meeting of stockholders and for your continued support of the company. We appreciate the ongoing engagement by our stockholders. We look forward to speaking with you all next year. I wish you all the best. The conference has now concluded. Thank you for attending today's presentation. You may now disconnect.

Speaker 2: Good day, welcome to the T-Mobile 2026 Annual Meeting of Stockholders. I would now like to turn the conference over to Tim Höttges. Please go ahead. Good day, welcome to the T-Mobile 2026 Annual Meeting of Stockholders. good day welcome to the t-mobile 2026 annual meeting of stockholders I would now like to turn the conference over to Tim Höttges. i would now like to turn the conference over to tim höttges Please go ahead. please go ahead

Speaker 4: Good morning, welcome to the 2026 Annual Meeting of Stockholders of T-Mobile US, Inc.. My name is Tim Höttges, and I'm the Chairman of the Board of Directors. I will preside over today's meeting. Thank you all for joining us today and for your interest in T-Mobile. Before the formal business of the meeting begins, I would like to first thank my fellow board members for their continued service. I would also like to thank the management team and all T-Mobile employees for your hard work. As you will hear from Srini, T-Mobile's delivered another amazing growth year with the best network, the best value, and the best experience for customers. I'm so incredibly proud of how our employees have served our customers and delivered outstanding business results in 2025. Congratulations, thank you for your continued dedication. Good morning, welcome to the 2026 Annual Meeting of Stockholders of T-Mobile US, Inc.. My name is Tim Höttges, and I'm the Chairman of the Board of Directors. good morning welcome to the 2026 annual meeting of stockholders of t-mobile us inc my name is tim höttges and i'm the chairman of the board of directors I will preside over today's meeting. i will preside over today's meeting Thank you all for joining us today and for your interest in T-Mobile. thank you all for joining us today and for your interest in t-mobile Before the formal business of the meeting begins, I would like to first thank my fellow board members for their continued service. before the formal business of the meeting begins i would like to first thank my fellow board members for their continued service I would also like to thank the management team and all T-Mobile employees for your hard work. i would also like to thank the management team and all t-mobile employees for your hard work As you will hear from Srini, T-Mobile's delivered another amazing growth year with the best network, the best value, and the best experience for customers. as you will hear from srini t-mobile's delivered another amazing growth year with the best network the best value and the best experience for customers I'm so incredibly proud of how our employees have served our customers and delivered outstanding business results in 2025. i'm so incredibly proud of how our employees have served our customers and delivered outstanding business results in 2025 Congratulations, thank you for your continued dedication. congratulations thank you for your continued dedication Finally, I would like to thank our stockholders for our continued trust in T-Mobile. I would also like to introduce the members of the executive leadership team. Srini Gopalan serves as our President and Chief Executive Officer. Mike Sievert serves as our Vice Chairman. André Almeida serves as our Chief Broadband, Enterprise, and Emerging Business Officer. Jon Freier serves as our Chief Operating Officer. Mike Katz serves as our Chief Business and Product Officer. Deeanne King serves as our Chief People Officer. Mark Nelson serves as our Chief Legal Officer and General Counsel. Peter Osvaldik serves as our Chief Financial Officer. John Saw serves as our Chief Technology Officer. I hereby call the 2026 Annual Meeting of Stockholders to order. We have three items on the agenda today. Following considerations of those items, we will announce the voting results and adjourn the meeting. Finally, I would like to thank our stockholders for our continued trust in T-Mobile. finally i would like to thank our stockholders for our continued trust in t-mobile I would also like to introduce the members of the executive leadership team. i would also like to introduce the members of the executive leadership team Srini Gopalan serves as our President and Chief Executive Officer. srini gopalan serves as our president and chief executive officer Mike Sievert serves as our Vice Chairman. mike sievert serves as our vice chairman André Almeida serves as our Chief Broadband, Enterprise, and Emerging Business Officer. andré almeida serves as our chief broadband enterprise and emerging business officer Jon Freier serves as our Chief Operating Officer. jon freier serves as our chief operating officer Mike Katz serves as our Chief Business and Product Officer. mike katz serves as our chief business and product officer Deeanne King serves as our Chief People Officer. deeanne king serves as our chief people officer Mark Nelson serves as our Chief Legal Officer and General Counsel. mark nelson serves as our chief legal officer and general counsel Peter Osvaldik serves as our Chief Financial Officer. peter osvaldik serves as our chief financial officer John Saw serves as our Chief Technology Officer. john saw serves as our chief technology officer I hereby call the 2026 Annual Meeting of Stockholders to order. i hereby call the 2026 annual meeting of stockholders to order We have three items on the agenda today. we have three items on the agenda today Following considerations of those items, we will announce the voting results and adjourn the meeting. following considerations of those items we will announce the voting results and adjourn the meeting Srini Gopalan, the company CEO, will then share some brief remarks on the progress of the company. As is our tradition, we will finish the meeting with questions from our stockholders. Stockholders who will wish to ask a question must submit their question electronically through our annual meeting website. Only stockholders are permitted to ask questions, and the stockholder must have a control number to submit a question on the website. Broady Hodder, our Corporate Secretary, will act as the Secretary of today's meeting. Let me hand it over to Broady to get things started. Srini Gopalan, the company CEO, will then share some brief remarks on the progress of the company. srini gopalan the company ceo will then share some brief remarks on the progress of the company As is our tradition, we will finish the meeting with questions from our stockholders. as is our tradition we will finish the meeting with questions from our stockholders Stockholders who will wish to ask a question must submit their question electronically through our annual meeting website. stockholders who will wish to ask a question must submit their question electronically through our annual meeting website Only stockholders are permitted to ask questions, and the stockholder must have a control number to submit a question on the website. only stockholders are permitted to ask questions and the stockholder must have a control number to submit a question on the website Broady Hodder, our Corporate Secretary, will act as the Secretary of today's meeting. broady hodder our corporate secretary will act as the secretary of today's meeting Let me hand it over to Broady to get things started. let me hand it over to broady to get things started

Speaker 1: Thank you, Tim. As you may have noticed, the agenda and rules of conduct for the annual meeting are available on the virtual meeting website. To conduct an orderly annual meeting, we ask that participants please abide by the rules of conduct. We have also made available, through the virtual meeting website, a complete list of stockholders as of our record date, April 17, 2026, and an affidavit of mailing that proxy materials were sent on April 27, 2026, to each stockholder of record. Leah Grant, a representative of Broadridge Financial Solutions, was appointed to act as Inspector of Elections at this meeting and has taken her oath. She, along with our current outside audit firm, Deloitte, have joined the meeting virtually, and I will now turn it back over to Tim for the business of the meeting. Thank you, Tim. thank you tim As you may have noticed, the agenda and rules of conduct for the annual meeting are available on the virtual meeting website. as you may have noticed the agenda and rules of conduct for the annual meeting are available on the virtual meeting website To conduct an orderly annual meeting, we ask that participants please abide by the rules of conduct. to conduct an orderly annual meeting we ask that participants please abide by the rules of conduct We have also made available, through the virtual meeting website, a complete list of stockholders as of our record date, April 17, 2026, and an affidavit of mailing that proxy materials were sent on April 27, 2026, to each stockholder of record. we have also made available through the virtual meeting website a complete list of stockholders as of our record date april 17 2026 and an affidavit of mailing that proxy materials were sent on april 27 2026 to each stockholder of record Leah Grant, a representative of Broadridge Financial Solutions, was appointed to act as Inspector of Elections at this meeting and has taken her oath. leah grant a representative of broadridge financial solutions was appointed to act as inspector of elections at this meeting and has taken her oath She, along with our current outside audit firm, Deloitte, have joined the meeting virtually, and I will now turn it back over to Tim for the business of the meeting. she along with our current outside audit firm deloitte have joined the meeting virtually and i will now turn it back over to tim for the business of the meeting

Speaker 4: Thank you, Broady. The stockholder list shows that as of the record date of April 17th, 2026, holders of 1,083,161,329 shares of the company's common stock are entitled to vote at this meeting. The Inspector of Elections has informed us that more than 50% of the outstanding shares entitled to vote at this meeting are present in person or by proxy. Based on this report, I declare that a quorum is present and that this meeting is qualified to proceed with the business before us. We will now present and conduct the voting on the business matters to come before this meeting. For stockholders of record, you may vote by clicking the Vote Here button. For stockholders who own shares through a broker, you will need to vote as directed by your broker. Thank you, Broady. thank you broady The stockholder list shows that as of the record date of April 17th, 2026, holders of 1,083,161,329 shares of the company's common stock are entitled to vote at this meeting. the stockholder list shows that as of the record date of april 17th 2026 holders of 1,083,161,329 shares of the company's common stock are entitled to vote at this meeting The Inspector of Elections has informed us that more than 50% of the outstanding shares entitled to vote at this meeting are present in person or by proxy. the inspector of elections has informed us that more than 50% of the outstanding shares entitled to vote at this meeting are present in person or by proxy Based on this report, I declare that a quorum is present and that this meeting is qualified to proceed with the business before us. based on this report i declare that a quorum is present and that this meeting is qualified to proceed with the business before us We will now present and conduct the voting on the business matters to come before this meeting. we will now present and conduct the voting on the business matters to come before this meeting For stockholders of record, you may vote by clicking the Vote Here button. for stockholders of record you may vote by clicking the vote here button For stockholders who own shares through a broker, you will need to vote as directed by your broker. for stockholders who own shares through a broker you will need to vote as directed by your broker If you have already sent or given a written proxy, or if you have voted over the telephone or internet, you do not need to vote at this time unless you wish to revoke your written proxy or prior vote. The polls are now open but will close as soon as all of the proposals are presented. The first item of business is the election of 13 directors of our board of directors to serve for one year until our 2027 annual meeting of stockholders, and their successors are elected and qualified. As described in the proxy statement, our board of directors has nominated the following individuals for election: Marcelo Claure, Thomas Dannenfeldt, Srikant Datar, Srini Gopalan, Timotheus Höttges, Christian Illek, James Kavanaugh, Raphael Kübler, Thorsten Langheim, Dominique Leroy, c Mike Sievert, and Teresa Taylor. If you have already sent or given a written proxy, or if you have voted over the telephone or internet, you do not need to vote at this time unless you wish to revoke your written proxy or prior vote. if you have already sent or given a written proxy or if you have voted over the telephone or internet you do not need to vote at this time unless you wish to revoke your written proxy or prior vote The polls are now open but will close as soon as all of the proposals are presented. the polls are now open but will close as soon as all of the proposals are presented The first item of business is the election of 13 directors of our board of directors to serve for one year until our 2027 annual meeting of stockholders, and their successors are elected and qualified. the first item of business is the election of 13 directors of our board of directors to serve for one year until our 2027 annual meeting of stockholders and their successors are elected and qualified As described in the proxy statement, our board of directors has nominated the following individuals for election: Marcelo Claure, Thomas Dannenfeldt, Srikant Datar, Srini Gopalan, Timotheus Höttges, Christian Illek, James Kavanaugh, Raphael Kübler, Thorsten Langheim, Dominique Leroy, c Mike Sievert, and Teresa Taylor. as described in the proxy statement our board of directors has nominated the following individuals for election marcelo claure thomas dannenfeldt srikant datar srini gopalan timotheus höttges christian illek james kavanaugh raphael kübler thorsten langheim dominique leroy c mike sievert and teresa taylor The second item of business is the ratification of the appointment of Deloitte & Touche as our independent registered public accounting firm for the 2026 fiscal year. The third item and final item of business is the advisory vote to approve the compensation provided to the company's named executive officers for 2025. There are no other items to consider at the meeting. The board of directors recommends a vote for each of the director nominees, for proposal two and for proposal three. Management has delivered its ballot to the Inspector of Elections to vote as directed by the stockholders. Those shares represented at this meeting by proxy. There being no other matters to come before the meeting, voting is now completed. I declare the polls for voting are now closed at 8:06 A.M., Pacific Daylight Time on June 16, 2026. The second item of business is the ratification of the appointment of Deloitte & Touche as our independent registered public accounting firm for the 2026 fiscal year. the second item of business is the ratification of the appointment of deloitte & touche as our independent registered public accounting firm for the 2026 fiscal year The third item and final item of business is the advisory vote to approve the compensation provided to the company's named executive officers for 2025. the third item and final item of business is the advisory vote to approve the compensation provided to the company's named executive officers for 2025 There are no other items to consider at the meeting. there are no other items to consider at the meeting The board of directors recommends a vote for each of the director nominees, for proposal two and for proposal three. the board of directors recommends a vote for each of the director nominees for proposal two and for proposal three Management has delivered its ballot to the Inspector of Elections to vote as directed by the stockholders. management has delivered its ballot to the inspector of elections to vote as directed by the stockholders Those shares represented at this meeting by proxy. those shares represented at this meeting by proxy There being no other matters to come before the meeting, voting is now completed. there being no other matters to come before the meeting voting is now completed I declare the polls for voting are now closed at 8:06 A.M., Pacific Daylight Time on June 16, 2026. i declare the polls for voting are now closed at 8:06 a.m pacific daylight time on june 16 2026 Based on the preliminary tabulations from the Inspector of Elections, we are happy to announce that all of the director nominees standing for elections were elected and the appointment of Deloitte & Touche as the company's independent registered public accounting firm for the 2026 fiscal year has been ratified. The advisory vote to approve the compensation provided to the company's named executives officers for 2025 has been approved. We will report final voting results on a formal 8-K to be filed with the SEC. As there is no other formal business to address, I declare that the meeting is hereby adjourned. I will now turn the meeting over to Srini Gopalan, our President and Chief Executive Officer. Based on the preliminary tabulations from the Inspector of Elections, we are happy to announce that all of the director nominees standing for elections were elected and the appointment of Deloitte & Touche as the company's independent registered public accounting firm for the 2026 fiscal year has been ratified. based on the preliminary tabulations from the inspector of elections we are happy to announce that all of the director nominees standing for elections were elected and the appointment of deloitte & touche as the company's independent registered public accounting firm for the 2026 fiscal year has been ratified The advisory vote to approve the compensation provided to the company's named executives officers for 2025 has been approved. the advisory vote to approve the compensation provided to the company's named executives officers for 2025 has been approved We will report final voting results on a formal 8-K to be filed with the SEC. we will report final voting results on a formal 8-k to be filed with the sec As there is no other formal business to address, I declare that the meeting is hereby adjourned. as there is no other formal business to address i declare that the meeting is hereby adjourned I will now turn the meeting over to Srini Gopalan, our President and Chief Executive Officer. i will now turn the meeting over to srini gopalan our president and chief executive officer

Speaker 3: Thanks, Tim, and welcome everyone. It's a privilege to be here with you today. 2025, another outstanding year from T-Mobile, delivering industry-leading customer growth and successfully translating that into strong and profitable financial growth. We added $1.2 million net postpaid accounts, expanded postpaid average revenue per account, or ARPA, by 3.6%, and grew our customer base to more than 142 million. We delivered $71.3 billion in service revenues, growing at a rate of nearly eight times that of our closest wireless competitors. Generated $18 billion in free cash flow and returned $14 billion to stockholders. The great news is this momentum is continuing into Q1, where we grew ARPA by 3.9% and added 217,000 net postpaid accounts. What lies behind all of this exceptional performance? Thanks, Tim, and welcome everyone. thanks tim and welcome everyone It's a privilege to be here with you today. 2025, another outstanding year from T-Mobile, delivering industry-leading customer growth and successfully translating that into strong and profitable financial growth. it's a privilege to be here with you today 2025 another outstanding year from t-mobile delivering industry-leading customer growth and successfully translating that into strong and profitable financial growth We added $1.2 million net postpaid accounts, expanded postpaid average revenue per account, or ARPA, by 3.6%, and grew our customer base to more than 142 million. we added $1.2 million net postpaid accounts expanded postpaid average revenue per account or arpa by 3.6% and grew our customer base to more than 142 million We delivered $71.3 billion in service revenues, growing at a rate of nearly eight times that of our closest wireless competitors. we delivered $71.3 billion in service revenues growing at a rate of nearly eight times that of our closest wireless competitors Generated $18 billion in free cash flow and returned $14 billion to stockholders. generated $18 billion in free cash flow and returned $14 billion to stockholders The great news is this momentum is continuing into Q1, where we grew ARPA by 3.9% and added 217,000 net postpaid accounts. the great news is this momentum is continuing into q1 where we grew arpa by 3.9% and added 217,000 net postpaid accounts What lies behind all of this exceptional performance? what lies behind all of this exceptional performance The heart of why we're able to consistently deliver is the fact that we're the one place where you get best network, best value, and best experience, all three at the same time. Our customers do not have to make any trade-offs. In 2025, we saw a watershed moment on the network for T-Mobile. Ookla Speedtest confirms something that we've all known for some time. T-Mobile has America's best network, and that is driving massive momentum of new switchers and new customers coming to us. The Un-carrier has always been synonymous with value, and we've strengthened this position even further. Today we stand not just for the best value on free phones, but for the best value every day that you're a customer with us. What is unmatchable with us is the experience. The heart of why we're able to consistently deliver is the fact that we're the one place where you get best network, best value, and best experience, all three at the same time. the heart of why we're able to consistently deliver is the fact that we're the one place where you get best network best value and best experience all three at the same time Our customers do not have to make any trade-offs. our customers do not have to make any trade-offs In 2025, we saw a watershed moment on the network for T-Mobile. in 2025 we saw a watershed moment on the network for t-mobile Ookla Speedtest confirms something that we've all known for some time. ookla speedtest confirms something that we've all known for some time T-Mobile has America's best network, and that is driving massive momentum of new switchers and new customers coming to us. t-mobile has america's best network and that is driving massive momentum of new switchers and new customers coming to us The Un-carrier has always been synonymous with value, and we've strengthened this position even further. the un-carrier has always been synonymous with value and we've strengthened this position even further Today we stand not just for the best value on free phones, but for the best value every day that you're a customer with us. today we stand not just for the best value on free phones but for the best value every day that you're a customer with us What is unmatchable with us is the experience. what is unmatchable with us is the experience That shows up with a net promoter score of 45, which is nearly 20% higher than our closest competitors. That is only getting better every day, especially with T Life. We concluded 2025 with more than 24 million monthly active users on T Life, our ambition is to go further still. In summary, we won't stop, and the best is yet to come. Thank you, Tim. That shows up with a net promoter score of 45, which is nearly 20% higher than our closest competitors. that shows up with a net promoter score of 45 which is nearly 20% higher than our closest competitors That is only getting better every day, especially with T Life. that is only getting better every day especially with t life We concluded 2025 with more than 24 million monthly active users on T Life, our ambition is to go further still. we concluded 2025 with more than 24 million monthly active users on t life our ambition is to go further still In summary, we won't stop, and the best is yet to come. in summary we won't stop and the best is yet to come Thank you, Tim. thank you tim

Speaker 4: Thank you, Srini. We will now open the meeting for Q&A. Stockholders who wish to ask a question may submit one in writing as directed on the annual meeting website. Srini will now moderate the Q&A session. Thank you, Srini. thank you srini We will now open the meeting for Q&A. we will now open the meeting for q&a Stockholders who wish to ask a question may submit one in writing as directed on the annual meeting website. stockholders who wish to ask a question may submit one in writing as directed on the annual meeting website Srini will now moderate the Q&A session. srini will now moderate the q&a session

Speaker 3: Okay. Thank you, Tim. There are no stockholder questions at this virtual meeting. I think we can move to the conclusion of the meeting, Tim. Okay. okay Thank you, Tim. thank you tim There are no stockholder questions at this virtual meeting. there are no stockholder questions at this virtual meeting I think we can move to the conclusion of the meeting, Tim. i think we can move to the conclusion of the meeting tim

Speaker 4: Good. Our program for the day has concluded. Thank you all for attending the company's virtual annual meeting of stockholders and for your continued support of the company. We appreciate the ongoing engagement by our stockholders. We look forward to speaking with you all next year. I wish you all the best. Good. good Our program for the day has concluded. our program for the day has concluded Thank you all for attending the company's virtual annual meeting of stockholders and for your continued support of the company. thank you all for attending the company's virtual annual meeting of stockholders and for your continued support of the company We appreciate the ongoing engagement by our stockholders. we appreciate the ongoing engagement by our stockholders We look forward to speaking with you all next year. we look forward to speaking with you all next year I wish you all the best. i wish you all the best

Speaker 2: The conference has now concluded. Thank you for attending today's presentation. You may now disconnect. The conference has now concluded. the conference has now concluded Thank you for attending today's presentation. thank you for attending today's presentation You may now disconnect. you may now disconnect