Ericsson Nikola Tesla d.d.

Regulatory Filings • Dec 15, 2020

PRESS INFO December 15, 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 will deliver microwave transport technology to Hrvatski Telekom

Ericsson Nikola Tesla and Hrvatski Telekom signed a contract regarding the delivery of microwave transport technology that includes hardware, software and maintenance. This contract makes Ericsson Nikola Tesla in this segment an exclusive supplier to Hrvatski Telekom until the end of 2024. The signing of this contract is a continuation of Hrvatski Telekom's network modernization. After the recent start of 5G commercial operation in numerous cities in Croatia, this is a key step to introduce this technology also in rural areas and hardly accessible areas in the Republic of Croatia, including the islands.

"This Agreement is the latest confirmation of our 5G investment plan. The development of the 5G network, in addition to investments in the radio network, meaning base stations, requires investments in new technologies also for the remaining part of the mobile network. With this Agreement, we get the opportunity to implement the most modern microwave devices in our transport network that will provide greater capacity and better mobile services in hard-to-reach areas such as islands and rural areas", stated Boris Drilo, CTIO, Hrvatski Telekom

Gordana Kovačević, president of Ericsson Nikola Tesla, pointed out: "I am very pleased with the continuation of our successful cooperation with Hrvatski Telekom, which is based on excellent teamwork both with our customer and internally among our teams. The fact that we have been selected as the exclusive supplier in this area as well is an additional confirmation of Ericsson's strong 5G portfolio and the competences our experts acquired while working on global 5G projects."

Communications Ericsson Nikola Tesla

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

PRESS INFO December 15, 2020

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