Telenor ASA — Share Issue/Capital Change 2020

Jul 3, 2020

Reduction of share capital

Reduction of share capital

In accordance with the resolution of the Annual General Meeting 11 May 2020, Telenor ASA has on 3 July 2020 reduced the share capital with a total of NOK 257,999,994. This is done by cancelling 19,794,961 own shares and by redeeming 23,205,038 shares held by the Norwegian State through the Ministry of Trade, Industry and Fisheries.

The share capital subsequent to the capital reduction is NOK 8,396,748,198 divided into 1,399,458,033 shares, each with a par value of NOK 6.00.

Updated certificate of registration is enclosed.