Telia Company Results Presentation Deck

EBITDA 14 Adj EBITDA bridge Like for like growth - - +1.0% Q3 21 SWE FIN NOR DEN LIT OUTLOOK EST TVM Other Q3 22 Another solid quarter in Sweden and strong Norway Finland negative due to energy TV and Media increased EBITDA due to lower content costs Adj EBITDA development Like for like growth EBITDA ■ EBITDA excl. energy cost increase -1.9% - -1.4% Q3 21 0.0% 1.3% Q4 21 0.1% 1.2% Q1 22 0.8% 2.2% Q2 22 Q3 EBITDA grew despite energy cost headwinds Adjusted for energy headwinds EBITDA grew 4.9% 2022: Adjusted EBITDA, like for like, to be similar to last year and, excluding energy cost increases, to grow by low single digit 2021-2023: Adjusted EBITDA, like for like, excluding energy cost increases, to grow by low to mid-single digit 1.0% 4.9% Q3 22

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