Telia Company Results Presentation Deck

Net debt & leverage Net debt and leverage Reported currency, in SEK billions and leverage ratio 2.35x 71.4 Q4 22 3.6 Operational free cash flow = Leverage ratio +4.3 0.2 License CAPEX 0.3 Other items 2.49x 75.6 Q1 23 18 As expected, leverage increased to the upper end of our range due to OFCF Slightly negative impact from other items, including FX Spectrum costs expected to be material in H2 Proceeds from sale of Telia Denmark expected to reduce leverage by ~0.2x

View entire presentation