Telia Company Results Presentation Deck

TV AND MEDIA - SEVERELY IMPACTED BY COVID-19 SERVICE REVENUES & ADJUSTED EBITDA SEK million, like for like growth, external service revenues 2,500 2,000 1,500 1,000 500 0 18 -32% Q2 19 Q2 20 Service revenues mtv C MORE Q2 19 -30% Q2 20 EBITDA 4 ● Revenues fell due to: Advertising market hit by COVID-19 • Cancellation of sport broadcasts ● Impact on EBITDA from revenue loss largely offset by: Lower content cost due to cancelled sports Phasing on non sports related content Large part of content costs that was expected in Q2 20 will be taken in H2 20 ● ● ● ● TV

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