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Regulatory press release

Telenor ASA - Issuance of bonds

Telenor
Telenor ASA has on 26 May 2023 issued the following bond tranches under the
company's EMTN programme:

- EUR 500,000,000, fixed coupon 4.00%, maturity 03 October 2030,
- EUR 500,000,000, fixed coupon 4.25%, maturity 03 October 2035.

Both tranches will settle on 03 October 2023. The proceeds will be used for
general corporate purposes.
The bonds will be listed on Luxembourg Stock Exchange.
Joint Book Runners : Barclays, HSBC, ING and SMBC

For further information: Terje Borge, Group Treasurer, telephone +47 90084396
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