Selskabsmeddelelse

TEL: TRADE BY PRIMARY INSIDER

On 4 May 2026, Ottar Ertzeid, member of the Board of Directors of Telenor ASA,
acquired 10,000 shares at NOK 153.64 per share. Updated shareholding after the
transaction is 85,000 shares.

This information is subject to disclosure obligations pursuant to the EU Market
Regulation, cf. section 3-1 in the Norwegian Securities Trading Act, and section
5-12 of the Norwegian Securities Trading Act.