Telia Company Results Presentation Deck

NORWAY 2760 ● Service revenues Reported currency, in millions, like for like growth -1.5% ● OO 2 851 Q2 20 Q3 20 Q4 20 ■ Consumer 2763 2 756 2 827 Q1 21 Q2 21 Enterprise ■ Other Adj EBITDA Reported currency, in millions, like for like growth -2.9% 1510 1 643 Q2 20 Q3 20 Service revenues declined 1.5% (SEK 43m) due to ICE contract (SEK 67m) EBITDA down 2.9% (44m) mainly due to ICE contract OPEX increased by 4.4% as certain cost items returned 1523 1 543 Q4 20 Adj EBITDA ● Q1 21 Q2 Highlights 1 530 Q2 21 Mobile postpaid subs and ARPU Subscriptions 000', ARPU in NOK 266 1 860 Q2 20 277 273 1 857 1846 Q3 20 Q4 20 Postpaid ex M2M 267 1864 Q1 21 269 1879 Q2 21 -ARPU Consumer growth is broad - mobile customer base and ARPU both growing, BB growing high single digits, TV +ve net intake Enterprise segment growth driven by mobile Enterprise customer wins: Norwegian postal service and renewal with national broadcaster NRK

View entire presentation