Telia Company Mergers and Acquisitions Presentation Deck

UNLOCKING MEANINGFUL VALUE FROM SYNERGIES KEY CATEGORIES REVENUES COST EBITDA synergies 8 CAPEX Total synergies * By the end of 2021 NETWORK IT SALES AND CS MARKETING G&A DESCRIPTION ● ● ● ● ● ● Mobile and ed cross-sell opportunities in both B2C and B2B Reduction in lease capacity cost leveraging GET/TDC infrastructure for mobile backhaul Efficient network and IT operations Combined market operations Churn reduction Combine overlapping functions Generate procurement savings and efficiencies Combining investments into networks and IT systems HIGHLY SUCCESSFUL TRACK RECORD IN SECURING AND DELIVERING SYNERGIES FULL RUN-RATE* NOK 0.3 billion NOK 0.3 billion NOK 0.6 billion NOK 0.1 billion NOK 0.7 billion

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