Telia Company Mergers and Acquisitions Presentation Deck

COMPLETING EURASIA EXIT IN ALL MATERIAL ASPECTS Before announcement today ✓ Five countries sold MegaFon fully divested ✓ Direct stake in Turkcell sold Well-functioning Ethics and Compliance implemented Global settlement around Uzbekistan reached in September 2017 After announcement today Kcell agreement signed with cash proceeds of SEK 4.1 billion (Telia Company's share SEK 2.9bn) Fintur holding structure dismantled - cash to be fully distributed to Telia Company Continuing operations Assets divested Assets partly divested Moldcell only remaining asset - representing an immaterial part of Telia Company (0.6% group EBITDA)

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