Telia Company Investor Day Presentation Deck

SERVICE REVENUE AND EBITDA DEVELOPMENT SERVICE REVENUE & EBITDA DEVELOPMENT Organic growth, external service revenues and adjusted EBITDA 5% 3% 1% -1% -3% 49 - 2016 2017 * Fiber OTC= Fiber One Time Charges 2018 ORGANIC SERVICE REVENUES ORGANIC SERVICE REVENUES EXCL. LEGACY & FIBER OTC* ORGANIC EBITDA Organic service revenue growth excluding legacy Fiber installation revenues in decline Deliberate reduction of low margin revenues in Telia Carrier 2017 and 2018 impacted negatively by 0.7 percent in 2018 Important going forward to drive organic service revenue growth excluding legacy -

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