Telia Company Results Presentation Deck

Net debt and leverage Net debt and leverage development Reported currency, in SEK billions and leverage ratio 17 2.01x 60.2 -6.2 Q2 22 Operations TARGET 3.7 Cash CAPEX +2.5 3.3 Buy- backs = Leverage ratio (multiple, rolling 12 months) 1.7 Other 2.07x 62.6 Q3 22 - - Share buy-backs of SEK 3.7 billion performed Q2-Q3 Balance sheet remained strong with leverage at 2.07x Signed a sustainability linked EUR 1.2 billion revolving credit facility Two benchmark Hybrid bonds issued 2022 despite difficult market conditions Net debt/adjusted EBITDA in the range of 2.0-2.5x

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