Telia Company Mergers and Acquisitions Presentation Deck

SHAREHOLDER STRUCTURE FA Invest (Malta) 6.5% 24.02% Turkcell İletişim (Turkey) Cenay İletişim (Turkey) 42.2% Azertel (Turkey) 100% Azercell (Azerbaijan) -41.45%- Fintur Holdings (Netherlands) 51.3% Telia Company -58.55%* 100% Sonera Holding (Netherlands) Azın Telecom (Azerbaijan) Shares sold ● ● ● ● Telia Company's total economic interest in Azercell is 35.14% (or 30.04% excluding the interest owned through Turkcell) Turkcell has an economic interest in Azercell of 21.24% UBOS of FA Invest and Cenay Iletisim are not known to Telia Company Purchaser is Azerbaijan International Telecom (Azln Telecom) LLC, a wholly-state owned company

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