Telia Company year-end Report January-December 2021

DELIVERING ON GROWTH OBJECTIVES Fourth quarter summary · Net sales decreased 0.4% to SEK 23,380 million (23,464) and like for like, net sales increased 3.3%. · Service revenues decreased 1.7% to SEK 19,420 million (19,765) and like for like, service revenues increased 2.9%. · Adjusted EBITDA declined 1.6% to SEK 7,290 million (7,411) and like for like, adjusted EBITDA remained unchanged. · Total net income amounted to SEK 1,185 million (-24,474). · Operational free cash flow decreased to SEK 1,371 million (2,856) and cash flow from operating activities decreased to 7,137