Telia Company Investor Day Presentation Deck

STRONG BALANCE SHEET Leverage target Net debt to EBITDA 65 2.0 - 2.5x CREDIT RATING TARGET OF A SOLID INVESTMENT GRADE RATING OF A-TO BBB+ Sustainable financial management ● ● ● ● Inspire Connect Transform Deliver On a journey to become a fully sustainable credit investment STRATEGY UPDATE 29 JANUARY 2021 Green bond framework launched in Oct 2019 First ever Nordic Telco Green Bond Hybrid transaction in Feb 2020 First Green Bond Report to be released in Feb 2021

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