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TEL: Status update for share buyback program

TELRegulatory press release29.06.2026, 07.00
Transactions made under Telenor ASA's share buyback program 
Announcement date of the share buyback program: 20 May 2026
End date of the share buyback program: 16 February 2027

Below and attached to this notice is an overview of all trades performed in the
period between 22.06-26.06.26.
Date Marketplace Aggregate daily volume (no. of shares) Volume weighted average
price (NOK) Total transaction value (NOK)
22.06.2026 XOSL 140,000
144.8800 20,283,200
23.06.2026 XOSL 140,000
143.0807 20,031,298
24.06.2026 XOSL 147,000
143.9210 21,156,387
25.06.2026 XOSL 140,000
144.0642 20,168,988
26.06.2026 XOSL 140,000
145.5687 20,379,618
Total previously announced transactions under the program:
1,922,000 149.0911 286,553,143
Total transactions under the program: 2,629,000
147.8024 388,572,634

Following the above listed transactions, Telenor ASA owns a total of 2716511 own
shares, representing 0.2% of Telenor ASA's share capital.
Pursuant to the agreement with the Norwegian State, represented by the Ministry
of Trade, Industry and Fisheries, under which the Norwegian State participates
in the share buyback on a pro rata basis, 2026/2027 program was 14.1 % completed
as of 26 June 2026.

Investor contact: Frank Maaø +47 91 67 40 45
6 June 2026.\
\
Investor contact: Frank Maaø +47 91 67 40 45\