Telia Company Investor Day Presentation Deck

DELIVERING SUSTAINABLE VALUE STRATEGY FOR A BETTER TELIA WE REINVENT BETTER CONNECTED LIVING DIGITAL CONNECTIVITY INSPIRING CUSTOMERS MOST LOYAL CUSTOMERS 67 THROUGH OUR... DIGITAL EXPERIENCES BY EXCELLING AT... L CONNECTING EVERYONE SO THAT WE HAVE THE... MOST ENGAGED EMPLOYEES S TRANSFORMING TO DIGITAL MOST SATISFIED SHAREHOLDERS ((:)) DIGITAL INFRASTRUCTURE ની. DELIVERING SUSTAINABLY MOST EMPOWERED SOCIETIES FINANCIAL AMBITIONS SERVICE REVENUE Low single digit growth ADJUSTED EBITDA Low to mid single digit growth CASH CAPEX Return to around 15% of net sales Inspire Connect Transform Deliver DEBT AND EQUITY MAINTAIN STRONG BALANCE SHEET STRATEGY UPDATE 29 JANUARY 20 21 ATTRACTIVE SHAREHOLDER RENUMERATION Net debt to EBITDA 2.0-2.5x Credit rating A- to BBB+ DPS floor of 2.00 with an ambition for low to mid single digit growth

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