Telia Company Results Presentation Deck

LED MARKETS Lithuania Reported currency, in millions, like for like growth +5.5% 804 780 788 781 811 ● Q2 Q3 Q4 Q1 Q2 20 20 20 21 21 Service revenues +3.7% 375 380 370 368 370 Q2 Q3 Q4 Q1 Q2 20 20 20 21 21 EBITDA Service revenues and EBITDA developing positively Growth of mobile (+5.2%) and fixed (+5.9%) Consumer segment growing 11% (driven by mobile), enterprise stable Estonia Reported currency, in millions, like for like growth +6.1% 655 649 643 642 665 Q2 Q3 Q4 Q1 Q2 20 20 20 21 21 Service revenues 281 +12.0% 302 281 292 299 Q2 Q3 Q4 Q1 Q2 20 20 20 21 21 EBITDA Q2 Highlights Service revenues and EBITDA developing positively Mobile turned to growth (1.9%) while fixed growth accelerated (8.8%) Growth in both consumer and enterprise segments Denmark Reported currency, in millions, like for like growth 992 966 965 ● -1.2% ● Q2 Q3 Q4 Q1 Q2 20 20 20 21 21 Service revenues 921 937 255 -8.1% 274 269 216 221 Q2 Q3 Q4 Q1 Q2 20 20 20 21 21 EBITDA Service revenues declined as Fixed continues to burden Mobile turned to growth (2.1%) EBITDA temporarily impacted by lower equipment margin

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