Telia Company Results Presentation Deck

Net debt and leverage Net debt and leverage development Reported currency, in SEK billions and leverage ratio 16 2.09x 62.2 -5.6 3.7 4.1 TARGET -2.0 -5.4 Q1 22 Opera- Cash Dividend SE tions CAPEX 0.4 Buy- Towers backs = Leverage ratio (multiple, rolling 12 months) 0.8 2.01x 60.2 Other Q2 22 - - Balance sheet remained strong with leverage at 2.01x First dividend tranche of SEK 4.1bn paid Swedish Tower proceeds of SEK 5.4bn received Share buy-backs during Q2 amounted to SEK 0.4bn Net debt/ adjusted EBITDA in the range of 2.0-2.5x

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