Telia Company Results Presentation Deck

SWEDEN - REVENUES IMPACTED BY COVID-19 12 SERVICE REVENUES & ADJUSTED EBITDA Like for like growth ● ● -1.9% Q2 Q3 Q4 Q1 Q2 19 19 19 20 20 Service revenues -0.9% Q2 Q2 Q3 Q4 Q1 19 19 19 20 20 EBITDA Mobile impacted by roaming, interconnect and a positive one-off Fixed telephony no longer benefits from price increases SUBSCRIPTIONS & ARPU DEVELOPMENT Subscription growth q-o-q in 000', subscription rev. ARPU ex M2M in local currency ARPU (y-o-y) +0.5% ● ● Q2 19 Q3 19 Q4 19 Subs. (q-o-q) +41K TV ARPU (y-o-y) -11% Q1 20 11 Q2 20 Subs. (q-o-q) +3K ((( ARPU (y-o-y) +4% ARPU grew despite Covid-19 impacts Broadband continues to show good momentum

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