Telia Company Results Presentation Deck

IMPROVED B2B 2019 VS 2018 8 B2B SERVICE REVENUE GROWTH-GROUP/SWEDEN Organic growth 2018 & like for like growth 2019 FY18 -2.3% FY19-1.2% -1.3% * Q2 2019 positively impacted by one-off like revenues in Sweden -2.1% Q1 18 Q2 18 Q3 18 Q4 18 Q1 19 Q2 19* Q3 19 Q4 19 ICT AND IOT INCREASINGLY COMPENSATING LEGACY ICT/IOT REVENUES UP 20% 2019 VS. 2018 FINLAND B2B +1% Q4 DUE TO ICT GROWTH

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