Telenor ASA — Board/Management Information 2021

May 27, 2021

Election of members to the Board of Directors of Telenor ASA

Election of members to the Board of Directors of Telenor ASA

The Corporate Assembly of Telenor ASA has in its meeting on 27 May 2021 elected Chair of the Board of Directors of Telenor ASA and members to the Board of Directors of Telenor ASA. The Corporate Assembly resolved to re-elect Gunn Wærsted as Chair of the Board of Directors of Telenor ASA with effect from 27 May 2021 for a period of up to two years. Jørgen Kildahl and Jon Erik Reinhardsen were re-elected as members of the Board of Directors of Telenor ASA with effect from 27 May 2021 for a period of up to two years. Elisabetta Ripa was elected as new member of the Board of Directors of Telenor ASA with effect from 27 May 2021 for a period of up to two years. Sally Davis resigns from the Board with effect from 27 May 2021.

Jacob Aqraou was re-elected by the Corporate Assembly in 2020 for a period of up to two years and is not up for re-election and will continue as member of the Board of Directors. Pieter Cornelis Knook and Astrid Simonsen Joos were elected as new members of the board by the Corporate Assembly in 2020 and were not up for re-election and will continue as members of the Board of Directors. The Chair and members were elected in accordance with the recommendation from the Nomination Committee.

The Corporate Assembly further resolved to re-elect Jan Otto Eriksen and elect Roger Rønning and Irene Vold as new employee elected members of the Board of Directors of Telenor ASA. The new directors will succeed Esben Smistand and Anita Steine. As deputy members for the employee representatives, the following were elected: Harald Stavn, Sylvia Brudeli, Jørgen Finnby and Kjetil Kjellstadli (in the order elected as deputy for Jan Otto Eriksen and Irene Vold) and Esben Smistad, Sabah Qayyum and Anita Steine (in the order elected as deputy for Roger Rønning). The employee representatives and deputies were elected with effect from 27 May 2021 for a period until the next election of employee elected members of the Board of Directors of Telenor ASA in 2023.

The Board of Directors of Telenor ASA shall according to Telenor ASA’s Articles of Association consist of between 5 and 13 members. Following the election by the Corporate Assembly, the Board of Directors will have ten members, including the three employee representatives, as follows:

- Gunn Wærsted (Chair)

- Jørgen Kildahl

- Jon Erik Reinhardsen

- Jacob Aqraou

- Pieter Cornelis Knook

- Astrid Simonsen Joos

- Elisabetta Ripa

- Jan Otto Eriksen (employee representative)

- Roger Rønning (employee representative)

- Irene Vold (employee representative)

Information on the Board of Directors of Telenor ASA: https://www.telenor.com/about-us/corporate-governance/board-of-directors/