Telia Company Investor Day Presentation Deck

● ● ● INCREASED CAPEX AND WORKING CAPITAL SYNERGIES CAPEX SYNERGY DISTRIBUTION BY 2022 NOK million, accumulated in % 91 40% NOK 150M 60% NETWORK IT Common product and IT platforms Utilize fixed network footprint on mobile network and B2B Leverage new operating model and sourcing WORKING CAPITAL SYNERGY DISTRIBUTION 2019-2020 NOK million, accumulated in %, one time effects 25% ● 15% NOK 200M One time effects from 60% SUPPLIERS CUSTOMERS INVENTORY AND OTHER Leverage supplier invoice and customer finance solutions Combined inventory management

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