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Telenor ASA Capital/Financing Update 2025

Nov 12, 2025

Capital/Financing Update

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Telenor ASA - Issuance of bonds

Telenor ASA has on 12 November 2025 priced the following bond tranche under the company's EMTN programme:

- NOK 4,000,000,000, fixed coupon 4.945%, maturity 21 November 2035

Notes will settle on 21 November 2025

The proceeds will be used for general corporate purposes, including refinancing of existing debt

The bonds will be listed on Oslo Stock Exchange

Book Runner: SEB

For further information: Gard W. Krekling, SVP Group Treasury, telephone +47 41610701

This information is subject to the disclosure requirements pursuant to Section

5-12 the Norwegian Securities Trading Act