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Telia Company

Transaction in Own Shares Feb 10, 2020

2982_rns_2020-02-10_1f606220-e6f4-4d3d-bbb1-522d5e0c0c99.pdf

Transaction in Own Shares

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Press Release February 10, 2020

Share buy-backs in Telia Company during week 6 2020

During the period February 3, 2020 until February 7, 2020, Telia Company AB (publ) (LEI code 213800FSR9RNDUOTXO25) has repurchased in total 3,699,207 own shares (ISIN: SE0000667925). The share buy-backs form part of the SEK 5 billion share buy-back program that Telia Company announced on April 16, 2019. The share buy-back program, which runs between April 16, 2019 and February 21, 2020, is being carried out in accordance with the Market Abuse Regulation (EU) No 596/2014 ("MAR") and the Commission Delegated Regulation (EU) No 2016/1052 (the "Safe Harbour Regulation").

During the period February 3, 2020 until February 7, 2020 shares in Telia Company have been repurchased as follows.

Date Aggregated daily
volume (number of
shares)
Weighted average
share price per day
(SEK)
Total daily transaction
value (SEK)
February 3, 2020 650,000 41.0017 26,651,105
February 4, 2020 1,300,000 40.8935 53,161,550
February 5, 2020 750,000 40.8750 30,656,250
February 6, 2020 299,207 41.3662 12,377,057
February 7, 2020 700,000 41.0584 28,740,880

All acquisitions have been carried out on Nasdaq Stockholm Stock Exchange by Goldman Sachs International, England on behalf of Telia Company. Following the above acquisitions, Telia Company's holding of own shares amounts to 114,779,446 shares as of February 7, 2020. The total number of shares in Telia Company is 4,209,540,375.

A full breakdown of the transactions pursuant to article 5.3 of MAR and article 2.3 of the Safe Harbour Regulation is attached to this announcement. The total volume of Telia Company shares which have been bought back within the current share buy-back program from April 16, 2019 until and including February 7, 2020, amounts to 114,779,446 shares. In total a maximum of 420,954,037 shares may be repurchased. For information about all transactions in the buy-back program see the following link to Nasdaq Stockholm's website:

http://www.nasdaqomx.com/transactions/markets/nordic/corporate-actions/stockholm/repurchases-of-own-shares

For any queries about the buy-back program, please contact:

Investors

Andreas Joelsson, Head of Investor Relations Tel: +46(0)70 863 33 27 [email protected]

Media

We're Telia Company, the New Generation Telco. Our approximately 20,000 talented colleagues serve millions of customers every day in one of the world's most connected regions. With a strong connectivity base, we're the hub in the digital ecosystem, empowering people, companies and societies to stay in touch with everything that matters 24/7/365 on their terms. Headquartered in Stockholm, the heart of innovation and technology, we're set to change the industry and bring the world even closer for our customers. Read more at www.teliacompany.com

Ralf Bagner, Press Officer Tel: +46(0)70 338 72 48 [email protected]

This information is information that Telia Company AB is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at 07:30 CET on February 10, 2020.

For more information, please contact our press office +46 771 77 58 30, visit our Newsroom or follow us on Twitter @Teliacompany.

We're Telia Company, the New Generation Telco. Our approximately 20,000 talented colleagues serve millions of customers every day in one of the world's most connected regions. With a strong connectivity base, we're the hub in the digital ecosystem, empowering people, companies and societies to stay in touch with everything that matters 24/7/365 on their terms. Headquartered in Stockholm, the heart of innovation and technology, we're set to change the industry and bring the world even closer for our customers. Read more at www.teliacompany.com

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