Telia Company Results Presentation Deck

OPEX 12 OPEX excl. energy bridge Like for like growth Q3 21 Resources AMBITION -2.1% Marketing Other Q3 22 Resource cost reduced by SEK 152m in Q3 driven by a 700 FTE/FTC reduction OPEX excl. energy development In SEK billion, 2020 average FX rates, excl. Telia Carrier, R12 24.4 Q4 20 Q1 21 Q2 21 -1.0 Q4 21 Q1 22 OPEX R12 excl energy Q3 21 Q2 22 2021-2025: OPEX excluding energy to decline by at least SEK 2bn until 2023 and by SEK 4bn until 2025 23.4 Q3 22 OPEX excluding energy reduction to date of SEK 1.0 billion driven by lower resource and IT costs Pace to accelerate driven by additional FTE/FTC reductions

View entire presentation