TELENOR 172 MILL. SUBSCRIPTIONS ACROSS SCANDINAVIA, CEE AND ASIA

Telenor Group is one of the world’s major mobile operators. We keep our customers connected across Scandinavia, With effect from Q1, Telenor is The Telenor Group is listed Central Eastern Europe, and Asia. Our more than 30,000 employees are committed to responsible business conduct treated as an asset held for sale and on the Oslo Stock Exhange and being our customers’ favourite partner in digital life. Connecting the world has been Telenor’s domain for more discontinued operations in Telenor’s than 160 years, and we are driven by a singular vision: to empower societies. financial reporting. 172 MILL. SUBSCRIPTIONS ACROSS SCANDINAVIA, CEE AND ASIA

Oslo Stockholm

Dublin London Budapest Podgorica Bangkok Miami Madrid Islamabad Belgrade Dubai

Singapore

Nairobi TELENOR GROUP FACTS BY Q 1 2 0 1 7

SUBSCRIPTIONS PR. COUNTRY • 172 million consolidated mobile subscriptions • More than 30.000 employees Myanmar 18,8 Malaysia 11,8 • Mobile operations across Scandinavia, Central and Thailand 24,3 Eastern Europe and Asia Pakistan 40 • Revenues 2016: USD 15 bn Bangladesh 59,9

Montenegro & Serbia 3,3

Hungary 3,1 REVENUE DISTRIBUTION Bulgaria 3,3 3% 4% Denmark 1.8 Sweden 2.6 Scandinavia 33% 26% CEE Mature Asia Norway 3 Emerging Asia Broadcast 8% Other 25% Strong subscription and revenue growth

No. of mobile subscriptions world wide, 140 Revenue in billion NOK 131 250 in millions 128 214 203 120 104 107 200 186 99 102 100 94 166 86 88 90 147 150 80 75 120 55 91 60 100 80 70 36.2 52 40 50 14.2 11.2 20 0.6 0 0 1995 2000 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 1995 2000 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 Our vision Empower Societies

We provide the power of digital communication, enabling everyone to improve their lives, build societies and secure a better future for all. S T R AT E G I C AMBITIONS #TELENOR2020

Creating a strong and engaging Leveraging digital tools, customer relationship, technologies and ways of work satisfying our customers’ digital to become most cost efficient needs operator in our markets

Creating a winning team with a Responsible, accountable and customer-driven, collaborative transparent culture because it makes good business sense TELENOR GROUP – GLOBAL UNITS

BEYOND TELCO SERVICES

IoT Machine Learning Healthcare Banking The international communication provider of Telenor Group

Revenue in mil USD 600+ 400 customers 350 & partners Voice Roaming 300 250 200 150 20+ 100 Connectivity Digital years 50 experience 0 2014 2015 2016 G L O B A L WHOLESALE SALES Sales (Second in Command)

Wansit Jeremy Saiyawan (Bjørg Østlyngen)

Chief of Staff Sales/MktCo

Bjørg Anne Østlyngen Huff

Americas Europe Middle East/Africa APAC South Asia

André Tone Amine Berit Rana Hansen Snellingen Abou-Jaoude Kristensen Kazi Hamidur Rahman GROWING OUR BUSINESS

Telenor signs MoU with China Telenor expands US Office First VoLTE roaming and VoLTE Mobile International to join the interworking tests completed Hand-in-Hand Program

The Telenor internet highway in SMS Assure – Enhancing Expanding LTE Roaming South East Asia is open messaging quality

TELENOR OPERATE AND OWN A GLOBAL MPLS NETWORK COVERING THE TELENOR FOOTPRINT AS WELL AS OUR EXTERNAL CUSTOMERS AND PARTNERS

• Scandinavia and Central Europe connected through London, Amsterdam and Frankfurt • US PoPs serving Americas • Europe and Asia well connected • Asia connected through Singapore and Hong Kong • Continues evaluation of new PoPs TELENOR ARE COMBINING REGIONAL ASSETS T O P R O V I D E NEW SERVICES WITH FASTER N E T W O R K EXPERIENCES AND QUALITY TO OUR CUSTOMERS

• Own terrestial fiber/DWDM across: – Norway, Sweden, Denmark – connected to Europe PoPs – Serbia, Hungary, Bulgaria – connected to Europe PoPs – Myanmar, Thailand and Malaysia – connected to Asia PoPs • Service offering: – IP Transit – Ethernet Connect (L2 VPN) – IP VPN (L3 VPN, including IPX services) • Fully redunant services capabilities across all PoPs • Service delivery in footprint through own access delivery and partners