Certified compliance management system of the Telekom Austria Group

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In recent years the Management Board of Telekom Austria AG has taken numerous measures to comprehensively develop the Group-wide compliance management system. The compliance management system of the Telekom Austria Group was audited according to the German audit standard IDW PS 980 in 2013. The audit and consulting company PwC issued Telekom Austria AG with a positive audit report with no comments, i. e. no suggestions for improvement. The audit report can be found here: http://cdn1.telekomaustria.com/final/en/media/pdf/compliance_report_pwc_cms_en.pdf.

The Management Board is regularly informed about activities in the area of compliance management and, in particular, the measures taken to prevent corruption; the Supervisory Board is informed annually. Moreover, the Supervisory Board is informed annually about the capital market compliance activities.

Martin Walter, Group Compliance Director, reports directly to the Management Board and is independent in his work. He is supported by experts in the Group Compliance division and the local compliance managers at the subsidiaries of the Telekom Austria Group. The Telekom Austria Group today has a compliance management system which essentially consists of the core elements of prevention and reaction. The compliance measures necessary for this are firmly established in all divisions of the company.

In 2014 more than 2,000 employees and managers were trained in the areas of corruption prevention and integrity, antitrust law, data protection and IT security and capital market compliance in classroom training sessions, while around 1,500 employees and managers received the same training via e-learning. The compliance helpdesk ‘ask.me’ is available to employees to answer any questions. ‘ask.me’ handled around 350 questions in 2014.

In 2012 the Telekom Austria Group established the whistleblowing platform (‘tell.me’) to enable employees and third parties to inform anonymously about cases of potential misconduct. Around 50% of the approximately 50 tips received in 2014 were substantiated and investigated further. In instances where misconduct was found to have occurred, consequences extended from individual training to the termination of employment, depending on the extent of the transgression.

Vienna, 22 January 2015

The Management Board

Hannes Ametsreiter, Chairman of the Management Board (signature)

Hannes Ametsreiter
Chairman of the Management Board
Telekom Austria Group

Siegfried Mayrhofer, Chief Financial Officer (signature)

Siegfried Mayrhofer
Chief Financial Officer
Telekom Austria Group

Günther Ottendorfer, Chief Technology Officer (signature)

Günther Ottendorfer
Chief Technology Officer
Telekom Austria Group

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