Aleš Šabeder, the President of the Management Board noted that in order to avoid any damage to the company and consequently liability for damages of Supervisory Board members, he expects the rest of the Supervisory Board to follow his suit.

Yesterday, Telekom Slovenije announced that the President of the Supervisory Board of Telekom Slovenije, Aleš Šabeder, and two Members of the Supervisory Board, Barbara Cerovšek Zupančič and Bernarda Babič, submitted their resignations from their positions. All resignations come into effect as of the date the new Supervisory Board President or Member is appointed.

The President of the Supervisory Board wrote in his resignation that “because of the current situation, disagreements and different perspectives on the role of the Supervisory Board I can no longer perform my duties with sufficient measure of due diligence befitting a supervisor, and therefore my continued function as a Supervisory Board President and Member is no longer possible. Consequently, I submit my unequivocal resignation. In order to avoid any damage to the company and consequently liability for damages of Supervisory Board members, I expect the rest of the Supervisory Board to follow my suit.”

Member of the Supervisory Board, Barbara Cerovšek Zupančič wrote in her resignation that “because of the current situation in the Supervisory Board, I can no longer perform my duties with sufficient due diligence befitting a supervisor of the company”.

Bernarda Babič is resigning from her position of Member of Supervisory Board of Telekom Slovenije, as of 19 January 2021 (i.e. within three months of signing her resignation) or on the date a replacement or a new member is appointed by the General Meeting, should it be held before this date.