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Regulatory press release

Telenor ASA - Issuance of bonds

Telenor
Telenor ASA has on 01 June 2023 issued the following bond tranches under the
company's EMTN programme:

- NOK 1,750,000,000, FRN 3mN +100bp, maturity 13 June 2028
- NOK 2,000,000,000, fixed coupon 4.61%, maturity 13 June 2030

Both tranches will settle on 13 June 2023. The proceeds will be used for general
corporate purposes and repayment of existing indebtedness.
The bonds will be listed at Oslo Børs.
Joint Bookrunners : Danske Bank, Nordea and SEB

For further information: Frode Borhaug, frode.borhaug@telenor.com
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