Telia Company

Board/Management Information • Nov 5, 2014

Press Release November 5, 2014

Changes in TeliaSonera's executive management

Åke Södermark, Senior Vice President and Chief Information Officer, has chosen to leave TeliaSonera's Group Executive Management at year-end. He will work for the company until April 1, at which time he will retire.

"I am glad that Åke Södermark continues the important work of implementing our new technology organization. After 39 years in the IT industry, I fully understand his wish to step down," said TeliaSonera's President and CEO Johan Dennelind.

Åke Södermark has worked in TeliaSonera for six years. He will gradually prepare for retirement and leave all his positions, including the Group Executive Management at year end. Åke Södermark has had a key role in forming TeliaSonera's new Technology organization.

"I support our new strategy and business model and will therefore remain until we have implemented our new Technology organization," said Åke Södermark.

Åke Södermark will not be replaced in the Group Executive Management. Sverker Hannervall, Chief Technology Officer and Senior Vice President, will assume Åke Södermark's responsibilities. TeliaSonera's Group Executive Management will consist of eleven members after the change.

For more information, please contact the TeliaSonera press office +46 771 77 58 30, press@teliasonera.com, visit our Newsroom or follow us on Twitter @TLSN\_Media.

TeliaSonera provides network access and telecommunication services in the Nordic and Baltic countries, the emerging markets of Eurasia, including Russia and Turkey, and in Spain. TeliaSonera helps people and companies communicate in an easy, efficient and environmentally friendly way. Our ambition is to be number one or two in all our markets, providing the best customer experience, high quality networks and cost efficient operations. TeliaSonera is also a leading wholesale provider who owns and operate one of the world's most extensive fiber backbones. In 2013, net sales amounted to SEK 101.7 billion, EBITDA to SEK 35.6 billion and earnings per share to SEK 3.46. The TeliaSonera share is listed on NASDAQ OMX Stockholm and NASDAQ OMX Helsinki. Read more at www.teliasonera.com.