Telia Company Investor Day Presentation Deck

Inspire Connect Transform Deliver PREDICTABLE, SUSTAINABLE SHAREHOLDER REMUNERATION Dividend policy: 66 A DIVIDEND FLOOR OF SEK 2.00 PER SHARE WITH AN AMBITION FOR LOW TO MID SINGLE DIGIT GROWTH Considerations • Cash dividends for Telia shareholders to reflect anticipated growth in profits over the medium term • Dividend policy compatible with robust budgeted free cash flow and with targeted leverage levels ● ● OpFCF expected to cover the minimum level through out the 2021-2023 period Structural part of OpFCF to cover the minimum dividend as of 2022 STRATEGY UP DATE 29 JANUARY 2021

View entire presentation