Telia Company Investor Day Presentation Deck

EFFICIENCY TO DRIVE 3% OPEX REDUCTION 2019-2021 OPEX REDUCTION TARGET 2019 Target breakdown ■IT 71 20% CUSTOMER OPERATIONS G&A OTHER 20% 3% 20% 30% 10% 2019 main levers ● ● ● ● SALES & MARKETING NETWORK OPEX Robotics & automization 2.42 Sourcing SARC optimization Channel efficiency Pooling OPEX REDUCTION TARGET 2020-2021 ● ● ● Continued ongoing efficiency efforts E2E mass market Scale advantages via new operating model ~3% ANNUALLY

View entire presentation