Telia Company Results Presentation Deck

Finland Service revenue Reported currency, in SEK millions, like for like growth -0.3% 3,092 Q1 22 -0.4% 3,117 Q2 22 Consumer (+0.7% 3,155 Q3 22 +2.2% 3,418 Q4 22 Enterprise Other Global winner of Opensignal award confirming network quality; 5G pop coverage now at 83% +2.3% 3,367 Q1 23 Mobile growth slowed to +0.4% due to tough comparison and slowdown in A2P Solid fixed revenue development (+5.2%) supported by convergence leadership, strength in business solutions Adj. EBITDA Reported currency, in SEK millions, like for like growth +1.9% 1,111 Q1 22 +5.3% 1,130 Q2 22 -7.3% 1,140 Q3 22 Adj EBITDA -5.5% 8 1,063 Q4 22 +1.2% 1,197 Q1 23 EBITDA increased despite continued higher energy costs (+55m) from ongoing transformation initiatives Mobile postpaid subs. and ARPU Subscriptions '000, ARPU in EUR 17.8 2,655 Q1 22 17.7 2,652 Q2 22 17.7 2,654 Q3 22 Postpaid ex M2M 18.0 2,635 Q4 22 17.9 ARPU 2,604 Q1 23 Steady growth in mobile consideration and substantial (+23pt) improvement in Sustainable Brand Index Subscriber base reduced due to pricing and channel strategy Strong Consumer ARPU (+6%) offset by reduced Enterprise A2P revenues

View entire presentation