Tele2 outperforms European telecom leaders by employee engagement

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Moscow, Russia January 31, 2022 Rostelecom PJSC (MOEX - RTS: RTKM, RTKMP; OTCQX: ROSYY), Russias largest integrated digital company, today shares the results of an independent employee engagement survey by Kincentric which concluded that Rostelecoms daughter company, Tele2 Russia, an alternative mobile operator, has achieved a 87% employee engagement score, having outperformed its peers, the largest European telecom companies by 11 p.p. Following a company-wide survey of c. 8,000 employees, Tele2 has also outstripped the worlds best employers based on Kincentrics premium assessment that identifies organisations who demonstrate outstanding people practices and workplace excellence.

Kincentric acted as an assessment partner for Tele2 Russia within its Best Employers rating which looks at organisational excellence across critical people factors - employee engagement, organisational agility, engaging leadership and talent focus. It identifies firms who demonstrate excellence in the workplace, by creating differentiated employee experiences and agile, inclusive cultures leading to stronger, more sustainable business results, and serves as an industry benchmark.

In 2021, Tele2s employee engagement rate was 87% which reflects employees motivation and loyalty, which ultimately affects the companys operational and financial resilience.

One of the key indicators in the assessment criteria was employees eagerness to recommend the company as a great place to work. With 90% of Tele2s employees posting the highest possible score, Tele2s performance in this area has succeeded the European telecom companies benchmark by 8 p.p and the worlds best employers indicators by 3 p.p., according to Kincentric employee research data.

Tele2 has also being tracking the managements leadership index from 2019, and since then the company has demonstrated a solid growth by 6 p.p. having achieved a 77% score which reflects its highly efficient leadership model and favourable perceptions of senior leaders who demonstrate care and concern for employees.

The company has also been certified as the Best Employer in Russia, according to Kincentrics assessment, which also reflects greater employee engagement, organisational agility, talent focus and engaging leadership compared to its regional and sector peers.

Elena Ivanova, Deputy Director General for organisational development and HR at Tele2:
"Tele2 has always followed the best practice approach in employee engagement, sometimes even setting the bar for other Russian companies. Our biggest challenge in the last two years has clearly been to support our colleagues globally through COVID-19, and it was imperative on us to re-imagine how we could equip our employees with the resources, services and tools to support their work and development, but most importantly to secure their safety and mental wellbeing. The excellent performance in the European telecom sector and among worlds best employers has also surpassed our own expectations which once again proves that we have chosen the right trajectory in employee engagement on the journey to achieving our strategic ambition to become the best employer."