Telia Company Results Presentation Deck

Strategy progress in challenging times - - Continued revenue growth Service revenue growth of 0.7% Mobile up 3.1% OPEX declined 0.9% excluding energy Energy costs increased SEK 0.3bn - EBITDA declined 2.0% Cash flow declined due to working capital phasing Leverage at 2.35x Non-cash impairments announced of SEK 19.8bn Dividend of SEK 2.00 per share proposed for 2022 2 SEK billion Service revenues OPEX excl. energy change * Adjusted EBITDA (... of which Core Telco) Cash CAPEX excl. licenses & spectrum* Op FCF* Leverage ratio Change in reported SEK Q4 2022 20.2 +0.1 7.4 (7.5) 5.3 0.4 2.35x Change LFL vs. Q4 2021 +0.7% -0.9% -2.0% (-0.6%) +2.8% -72.2% +0.21x

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