Telia Company Results Presentation Deck

EBITDA 14 7.7 ● Q2 20 Adjusted EBITDA development SEK in billions, in reported currency, like for like growth 8.2 OUTLOOK Q3 20 +1.9% 7.5 Q4 20 7.2 Q1 21 7.7 EBITDA growth driven by service revenues and improved equipment margin partly offset by higher content costs • EBITDA growth YTD of +2.0% Q2 21 Adjusted EBITDA bridge Like for like growth ● +1.9% Q2 20 SWE FIN NOR DEN LIT • Sweden stable • Finland hurt by lower revenues and higher OPEX Norway growing excluding wholesale burden • TV & Media supported by revenue recovery EST TVM Other Q2 21 2021: Flat to low single digit growth in stable fx excl. Telia Carrier (2020 base SEK 29.8bn) 2021-2023: Low to mid single digit growth in stable fx excl. Telia Carrier

View entire presentation