Telia Company Results Presentation Deck

BROADBAND REVENUES GROWING 7 FIXED BROADBAND REVENUE DEVELOPMENT Like for like growth, external service revenues Q2 19 Q3 19 Q4 19 Q1 20 BROADBAND ARPU DEVELOPMENT Q2 2020 In local currency, based on subscription revenues, y-o-y change SWEDEN FINLAND NORWAY LITHUANIA +4.5% -4.7% -5.0% -4.0% 1.3% Q2 20 ESTONIA +2.5% FIXED BROADBAND BASE COMPOSITION Subscriptions in thousands, Sweden 1,250 1,000 750 500 250 0 Q1 Q2 Q3 Q4 Q1 Q2 Q3 18 18 18 18 19 19 Total broadband subscriptions Share of copper % T H Q4 Q1 Q2 19 19 20 20 Share of fiber % • Fiber growth mitigating copper declines Strong growth in OCN enabling convergence 100% 75% 50% 25% 0%

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