TELIA COMPANY YEAR-END REPORT JANUARY-DECEMBER 2016

DELIVERING ON OUTLOOKFourth quarter summary · As earlier announced former segment region Eurasia is reported as held for sale and discontinued operations. Sergel is reported as held for sale. The Spanish operation Yoigo is deconsolidated from quarter four. The divestment resulted in a capital gain of approximately SEK 4.5 billion. · Net sales in local currencies, excluding acquisitions and disposals, increased 0.2 percent. In reported currency, net sales declined 6.7 percent to SEK 21,130 million (22,638). Service revenues in local currencies, excluding acquisitions and disposals,