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Regulatory press release

Grameenphone - results for the second quarter 2024

Telenor
Telenor Group's subsidiary in Bangladesh, Grameenphone, has today announced its
results for the first quarter of 2024. Telenor's consolidated figures in NOK
million are as follows:

Q2 24 Q2 23
-Revenues 3,998 4,006
-EBITDA before other income and expenses 2,414 2,447
-Operating profit 1,602 1,633
-CAPEX excl. leases 431 711

Organic service revenues increased by 6%, and EBITDA before other income and
expenses increased by 4%. During the quarter the number of subscriptions
increased by 2.3 millions.
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