Telia Company Results Presentation Deck

Multiple revenue growth levers Key drivers - Less burden ahead Service Legacy and revenues 2020 regulation Improve ARPU Improve mobile experience incl. 5G monetization Reduce churn and increase upsell potential Increase share of wallet Convergence New revenue streams More structured approach to pricing Pricing Service revenue ambition Covid rebound limited going forward Legacy burden still a drag, but expected to ease beyond 2023 Key growth levers remain Increased pricing impact in higher inflation environment 29 Service revenues Like for like growth, illustrative 2023 4% 2% 0% -2% -4% 2020 2021 2022 2023 Outlook to grow service revenue by low single digit 2023 driven by Current growth momentum Pricing initiatives New revenue streams

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