Telia Company Results Presentation Deck

TELCO BUSINESS RESILIENT 4 EBITDA BRIDGE Q2 2020 Like for like, excluding adjustment items +5.0% -3.2% -1.8% Q2 19 Telco op ex Roaming and TV & Media Q2 20 COVID-19 IPTV sport* COVID-19 impact outside the TV & Media unit • Flat EBITDA despite COVID-19 implications The traditional telco business ex COVID-19 grew EBITDA by around 5 percent mainly from: Sequentially improved cost control • TV and Media EBITDA reduced although much less than on revenues Content cost phasing ● ●

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