Telia Company Results Presentation Deck

TV AND MEDIA - Q4 2020 ∞ SERVICE REVENUES & ADJUSTED EBITDA Like for like growth ● -4.9% Q1 20 Q2 20 Q3 20 Q4 20 Service revenues -56.1% Q1 20 Q2 20 Q3 20 Q4 20 EBITDA Service revenue pressure continued to ease supported by better development of both advertising and subscription revenues EBITDA declined by SEK 255 million from the lower advertising revenues and higher content costs, compared to an all-time high quarter in 2019 TV SUBSCRIPTIONS C More direct OTT subscriptions, in 000' HIGHLIGHTS ● Q4 19 Q2 20 Q4 20 COMMERCIAL SHARE OF VIEWING (CSOV) 47.1% 51.1% ● Q4 19 Q1 20 - Q1 20 Q2 20 Swedish linear CSOV, ages 15-64 Q3 20 C MORE Q3 20 789 Q4 20 Record high viewing and consumption on TV4 and TV4 Play Time spent on TV4 Play up 32 percent in 2020, well ahead of the market 4 Strong SVOD subscriber intake with a net gain of 142k Increased CSOV also for MTV in Finland mtv

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