Telia Company Results Presentation Deck

LITHUANIA - A STRONG QUARTER 15 SERVICE REVENUES & ADJUSTED EBITDA Like for like growth 7.2% Q2 Q3 Q4 Q1 Q2 19 19 19 20 20 Service revenues 9.2% Q2 Q3 Q4 Q1 Q2 19 19 19 20 20 EBITDA SUBSCRIPTIONS & ARPU DEVELOPMENT Subscription growth q-o-q in 000', subscription rev. ARPU ex M2M in local currency ARPU (y-o-y) +0.2% · Q2 19 Q3 19 Q4 19 Q1 20 Subs. (q-o-q) +3K TV ARPU (y-o-y) +11% 6 Q2 20 Subs. (q-o-q) +2K ((( ARPU (y-o-y) -1%

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