Buyback of shares related to employee share programmes and executive compensation completed

As announced in the stock exchange release on 26 February 2026, Telenor entered into an agreement with DNB ASA to conduct buyback of Telenor shares to be used in the company’s share programmes in 2026.

DNB ASA was mandated to acquire shares for up to NOK 92.000.000 between 02 and 06 March 2026.

The share purchase has now been executed.

Date / aggregated daily volume (number of shares) / VWAP (NOK) / Transaction value (NOK) 02 March 2026 / 105 000 / 176.064 / 18 486 720.00 03 March 2026 / 105 000 / 172.646 / 18 127 872.00 04 March 2026 / 105 000 / 173.158 / 18 181 590.00 05 March 2026 / 105 000 / 171.879 / 18 047 284.50 06 March 2026 / 112 710 / 169.962 / 19 156 462.10

Total / 532 710 / 172.702 / 91 999 928.60

Investor contact: Frank Maaø (+47 916 74 045)