BT publishes chairman presentation for 2026 annual general meeting

• BT told shareholders its strategy remains on track, citing Openreach full-fiber coverage above two-thirds of UK premises, targeting 25 million by year-end.
• Dividend raised to 8.32 pence per share for FY26, including a final dividend of 5.87 pence per share.
• Dividend policy reset from FY27, targeting low- to mid-single-digit annual growth until metrics align with a BBB+ credit rating.
• Proposed Verizon joint venture announced to combine the companies’ international businesses as BT sharpens focus on the UK.
• Board changes flagged, including new Bharti representatives, planned board working groups, Patricia Cobian named CFO designate to succeed Simon Lowth.

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