Telia Company Results Presentation Deck

GOOD COST CONTROL IN THE QUARTER LO 5 SERVICE REVENUE DEVELOPMENT Like for like growth, external service revenues -5.6% Q2 SWE FIN NOR DEN LIT EST TV & LAT Telia Other Q2 19 Media Carrier 20 Roaming pressured mobile in all markets. • TV & Media impacted by lower advertising/pay-TV ● EBITDA DEVELOPMENT Like for like growth, excluding adjustment items 0.0% Q2 SWE FIN NOR DEN LIT EST TV & LAT Telia Other Q2 19 Media Carrier 20 ● Improved cost control in all markets. • OPEX down 4 percent Norway benefited from synergies

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