6 57 63 63 Q- -1/4 +0k i• 300 250 200 150 100 so 0 Source: Deutsche Bank. Company data. Phone 8 256GB from Sept-17. iPhone 7 128GB from Sept-16. Phone 6.5 64GB until Sep1-16 KPN EFCF (pre associate dividends), EURm 900 800 700 600 500 400 300 200 100 0 552 683 2015 2016 Source