Ericsson Nikola Tesla d.d.

M&A Activity • Mar 9, 2020

PRESS INFO March 9, 2020

ERICSSON NIKOLA TESLA d.d. Krapinska 45 10000 Zagreb

SECURITY: ERNT (ISIN: HRERNTRA0000) LEI: 5299001W91BFWSUOVD63 HOME MEMBER STATE: Republic of Croatia REGULATED MARKET SEGMENT: Regular Market of the Zagreb Stock Exchange

Ericsson Nikola Tesla contracts worth over MHRK 84

In Bosnia and Herzegovina, Belarus and Moldova market, Ericsson Nikola Tesla signed contracts worth more than MHRK 84. The contracts cover mobile networks expansions which will mostly be realized in 2020 as well as network maintenance in the upcoming period.

With BH operator HT Eronet network maintenance has been contracted for a two-year period. With IDC from Moldova we have contracted virtualization of IP Multimedia Subsystem (IMS), and with beCloud from Belarus the expansion of LTE network.

President of Ericsson Nikola Tesla Gordana Kovačević, MSc, expressed her satisfaction with the contracted activities: "I am very pleased that our activities in export markets continue to record a positive trend in 2020. This further encourages us because it strengthens our position of a large Croatian exporter, especially the largest domestic exporter of knowledge. This is the best way to contribute to the Croatian economy as well as our sustainable development."

Ericsson Nikola Tesla Communications

Ericsson enables communications service providers to capture the full value of connectivity. The company's portfolio spans Networks, Digital Services, Managed Services, and Emerging Business and is designed to help our customers go digital, increase efficiency and find new revenue streams. Ericsson's investments in innovation have delivered the benefits of telephony and mobile broadband to billions of people around the world. The Ericsson stock is listed on Nasdaq Stockholm and on NASDAQ New York.

Ericsson Nikola Tesla is an associated company of the Ericsson Group which leads and supports modern communications. The company's activities include marketing and sales, research and development, design of the total communications solution, services in the multiservice and mobile networks area including the mobile Internet and complex system

integration in all business areas. The company provides innovative ICT solutions that constantly improve people's life and create new value. Shares of Ericsson Nikola Tesla are traded in the Regular Market of the Zagreb Stock Exchange under the stock exchange symbol ERNT-R-A.

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CONTACT: Snježana Bahtijari Director Marketing, Communication and CSR Ericsson Nikola Tesla Tel.: + 385 1 365 4556 E-mail: snjezana.bahtijari@ericsson.com