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Regulatory press release

TEL: Buyback of shares related to employee share programmes completed

Telenor
As announced in the stock exchange release on 11 February 2025, Telenor entered
into an agreement with DNB ASA ("DNB Markets") to conduct buyback of Telenor
shares to be used in the company's share programmes in 2025.

DNB Markets was mandated to acquire shares for up to NOK 103 500 000 between 11
February 2025 and 17 February 2025.

The share purchase has now been executed.

Date / aggregated daily volume (number of shares) / VWAP (NOK) / Transaction
value (NOK)

11 February 2025 / 186 000 / 139.51 / 25 948 525.20
12 February 2025 / 186 000 / 139.13 / 25 878 775.20
13 February 2025 / 186 000 / 139.22 / 25 895 515.20
14 February 2025 / 186 130 / 138.49 / 25 777 069.25

Total / 744 130 / 139.09 / 103 499 884.85

Investor contact:
Frank Maaø (+47 916 74 045)
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