Telia Company Results Presentation Deck

Finland Service revenues Reported currency, in SEK millions, like for like growth 2,991 Q1 21 3,017 Q2 21 -0.3% 3,007 Q3 21 3,110 Q4 21 Consumer Enterprise ■ Other 3,092 Q1 22 Service revenues stabilized Mobile revenues turned to growth (1%) despite interconnect revenue headwinds Adj EBITDA Reported currency, in SEK millions, like for like growth 1,063 Q1 21 1,038 Q2 21 +1.9% 1,179 Q3 21 ■Adj EBITDA 1,042 Q4 21 1,111 Q1 22 EBITDA increased, supported by mobile growth and lower OPEX Mobile postpaid subs and ARPU Subscriptions '000, ARPU in EUR 18.8 2,747 Q1 21 18.8 2,779 Q2 21 18.5 2,786 Q3 21 Postpaid ex M2M 18.7 2,798 Q4 21 18.4 ARPU 2,771 Q1 22 Subscription base impacted by the migration of a single Enterprise contract ARPU negatively impacted by interconnect rate change and Enterprise mix

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