Telia Company Results Presentation Deck

LED MARKETS 795 Lithuania Reported currency, in millions, like for like growth +4.0% ● 804 +3.6% 780 788 781 Q1 Q2 Q3 Q4 Q1 20 20 20 20 21 Service revenues 373 375 380 370 368 Q1 Q2 Q3 Q4 Q1 20 20 20 20 21 EBITDA Service revenue and EBITDA developing positively Mobile (+3.9%) and Fixed (+3.5%) revenues growing equally positively Consumer segment growing 7.5% (driven by mobile), enterprise stable 680 Estonia Reported currency, in millions, like for like growth -0.5% 655 649 643 642 Q1 Q2 Q3 Q4 Q1 20 20 20 20 21 Service revenues 290 +6.0% 302 281 281 Q1 Q2 Q3 Q4 20 20 20 20 EBITDA Q1 Highlights Service revenue stable and EBITDA developing positively 292 Q1 21 Mobile (-3.3%) impacted by roaming, but fixed revenues growing (+1.7%) Consumer segment growing while enterprise impacted by lower roaming ● 1,053 Denmark Reported currency, in millions, like for like growth -8.2% -0.7% 992 966 965 921 Q1 Q2 Q3 Q4 Q1 20 20 20 20 21 Service revenues 231 255 274 269 Q1 Q2 Q3 Q4 Q1 20 20 20 20 21 EBITDA Service revenues impacted by lower roaming and portfolio rationalization 216 Efficiency agenda enabling almost stable margin and EBITDA

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