Telia Company Results Presentation Deck slide image

Telia Company Results Presentation Deck

OPEX and EBITDA OPEX development In SEK billions, like for like growth, R12 - 25.5 Q4 20 OUTLOOK Q1 21 Q2 21 OPEX Q3 21 25.2 Q4 21 OPEX reduced 3.6% in Q4 driven by efficiencies and pension refund Full year OPEX reduced by 1.2% equal to SEK 0.3bn Adj EBITDA bridge Like for like growth - Q4 20 - 0.0% SWE FIN NOR DEN LIT EST TVM Other Q4 21 Sweden benefited from strong underlying performance and pension refund TV & Media impacted by higher content costs Full year EBITDA grew 0.4% EBITDA: 2021: Flat to low single digit growth in stable fx excl. Telia Carrier (2020 base SEK 29.8bn) EBITDA: 2021-2023: Low to mid single digit growth in stable fx excl. Telia Carrier OPEX: To reduce OPEX by SEK 2bn until 2023 and by SEK 4bn until 2025
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