Shareholder Remuneration Policy

Mechelen, February 24, 2022 – Telenet Group Holding NV (“Telenet” or the “Company”) (Euronext Brussels: TNET) hereby discloses certain information in relation to its share repurchases, in accordance with Article 8:4 of the Royal Decree of 29 April 2019 implementing the Belgian Code on Companies and Associations. The Company repurchased in total 1,100,000 own shares under the Share Repurchase Program 2021 for an aggregate amount of €35.4 million. As the Company repurchased the maximum number of own shares authorized under the Share Repurchase Program 2021, the aforementioned share buy-back program has now been fully executed. The repurchased shares under this program will be used to cover future obligations under the Company's share incentive plans or will be cancelled to the extent the repurchased shares would exceed such obligations. The Company currently holds 5,448,369 own shares, representing 4.79% of the total number of outstanding shares.

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Mechelen, February 21, 2022 – Telenet Group Holding NV (“Telenet” or the “Company”) (Euronext Brussels: TNET) hereby discloses certain information in relation to its share repurchases, in accordance with Article 8:4 of the Royal Decree of 29 April 2019 implementing the Belgian Code on Companies and Associations. The Company currently holds 5,382,354 own shares, representing 4.73% of the total number of outstanding shares.

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Mechelen, February 14, 2022 – Telenet Group Holding NV (“Telenet” or the “Company”) (Euronext Brussels: TNET) hereby discloses certain information in relation to its share repurchases, in accordance with Article 8:4 of the Royal Decree of 29 April 2019 implementing the Belgian Code on Companies and Associations. The Company currently holds 5,263,354 own shares, representing 4.62% of the total number of outstanding shares.

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Mechelen, February 7, 2022 – Telenet Group Holding NV (“Telenet” or the “Company”) (Euronext Brussels: TNET) hereby discloses certain information in relation to its share repurchases, in accordance with Article 8:4 of the Royal Decree of 29 April 2019 implementing the Belgian Code on Companies and Associations. The Company currently holds 5,182,354 own shares, representing 4.55% of the total number of outstanding shares.

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Mechelen, January 31, 2022 – Telenet Group Holding NV (“Telenet” or the “Company”) (Euronext Brussels: TNET) hereby discloses certain information in relation to its share repurchases, in accordance with Article 8:4 of the Royal Decree of 29 April 2019 implementing the Belgian Code on Companies and Associations. The Company currently holds 5,102,354 own shares, representing 4.48% of the total number of outstanding shares.

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Mechelen, January 24, 2022 – Telenet Group Holding NV (“Telenet” or the “Company”) (Euronext Brussels: TNET) hereby discloses certain information in relation to its share repurchases, in accordance with Article 8:4 of the Royal Decree of 29 April 2019 implementing the Belgian Code on Companies and Associations. The Company currently holds 5,022,354 own shares, representing 4.41% of the total number of outstanding shares.

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Mechelen, January 17, 2022 – Telenet Group Holding NV (“Telenet” or the “Company”) (Euronext Brussels: TNET) hereby discloses certain information in relation to its share repurchases, in accordance with Article 8:4 of the Royal Decree of 29 April 2019 implementing the Belgian Code on Companies and Associations. The Company currently holds 4,863,078 own shares, representing 4.34% of the total number of outstanding shares.

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Mechelen, January 10, 2022 – Telenet Group Holding NV (“Telenet” or the “Company”) (Euronext Brussels: TNET) hereby discloses certain information in relation to its share repurchases, in accordance with Article 8:4 of the Royal Decree of 29 April 2019 implementing the Belgian Code on Companies and Associations. The Company currently holds 4,863,078 own shares, representing 4.27% of the total number of outstanding shares.

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Mechelen, January 3, 2022 – Telenet Group Holding NV (“Telenet” or the “Company”) (Euronext Brussels: TNET) hereby discloses certain information in relation to its share repurchases, in accordance with Article 8:4 of the Royal Decree of 29 April 2019 implementing the Belgian Code on Companies and Associations. The Company currently holds 4,784,078 own shares, representing 4.20% of the total number of outstanding shares.

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Shareholder Disbursements

Date⁽¹⁾	Shareholder Disbursements
May 3, 2023 (*)	€1.00 per share (gross dividend)
May 2, 2022	€1.3750 per share (gross final dividend)
December 6, 2021	€1.3750 per share (gross intermediate dividend)
May 3, 2021	€1.3750 per share (gross final dividend)
December 4, 2020	€1.375 per share (gross intermediate dividend)
May 2, 2020	€1.3050 per share (gross final dividend)
December 5, 2019	€0.57 per share (gross intermediate dividend)
October 2, 2018	€5.30 per share (gross extraordinary dividend)
May 3, 2013	€7.90 per share (gross extraordinary dividend)
May 7, 2012	€1.00 per share (gross dividend)
August 28, 2012	€3.25 per share (net capital reduction)
July 26, 2011	€4.50 per share (net capital reduction)
July 28, 2010	€2.23 per share (net capital reduction)
August 27, 2009	€0.50 per share (net capital reduction)
November 19, 2007	€6.00 per share (net capital reduction)

1 All dates refer to ex-dividend dates
(*) Subject to board and shareholder approval

Shareholder Remuneration Policy

As detailed during our September 2022 Capital Markets Day, our long-term consolidated ambition is to drive growth in both ARPU and our customer base, translating into healthy top line growth. Through increased digitization, we expect our operating costs to further decrease over time, boosting our Adjusted EBITDA. After the NetCo network build and upgrade, we expect a significantly lower CAPEX intensity across both our NetCo and Telenet businesses, translating into robust Adjusted Free Cash Flow growth and growth in our shareholder remuneration profile from our current policy.

As announced mid-July this year, Telenet's board of directors has opted for a balanced shareholder remuneration policy during the investment cycle (annual gross dividend per share of €1.0 during the 2023-2029 roll-out period) with upside potential (through extraordinary dividends and/or share buy-backs) from either a partial NetCo divestment and/or our ability to optimize the FTTH investment plan.

Investment Proposition

Shareholder Remuneration Policy

Shareholder Remuneration Policy

Shareholder Disbursements

Shareholder Remuneration Policy