Telia Company Investor Day Presentation Deck

OUR OUTLOOK 63 2021-2023 SERVICE REVENUES Low single digit growth in stable fx excl. Telia Carrier ADJUSTED EBITDA Low to mid single digit growth in stable fx excl. Telia Carrier CASH CAPEX Return to around 15% of net sales by 2023 (excl. Telia Carrier and license and spectrum fees) STRATEGY UPDATE 2021 Inspire Connect Transform Deliver SERVICE REVENUES Flat to low single digit growth in stable fx excl. Telia Carrier (2020 base SEK 73.0bn) ADJUSTED EBITDA Flat to low single digit growth in stable fx excl. Telia Carrier (2020 base SEK 29.8bn) CASH CAPEX Around SEK 14.5-15.5bn (excl. Telia Carrier and license and spectrum fees) 29 JANUARY 2021

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