Telia Company Investor Day Presentation Deck

CAPEX EFFICIENCIES 55 Main CAPEX efficiency drivers Standardization and simplification Leverage insight and analytics Improved planning Stringent prioritization ● ● STRATEGY UPDATE Transformation driven OPEX* and CAPEX reduction to 2023 SEK in billions Resources Sales & Marketing 29 Other OPEX *OPEX is defined as indirect costs, i.e. excluding COGS (such as network, equipment and content) JANUARY 20 21 Inspire Connect Transform 2BN Total OPEX reduction by 2023 3BN İ CAPEX Total efficiency transformation Deliver

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